A Motley Fool advisor is advising to sell QF shares.
Finance: Own airline shares? Sell them, tips Motley Fool investment advisor
Although falling oil prices would usually be supportive of the stock, Qantas (QAN) saw no benefit with the share price down over the week. Qantas has seen a material improvement in yields following capacity cuts earlier in the year and is well-positioned to capitalise on its dominant position as both a full service and budget airline.This improvement in yields is yet to be factored into the share price.Meanwhile Virgin (VAH) has publicly announced details surrounding its 1:1 stock offer, which will raise $1 billion in capital. About $500 million will be used to pay off existing debt while $200-300 million will fund further restructuring.Underlying profits remain negligible and Virgin’s capital position is significantly worse than markets anticipated.
No. Get a job as MD of one. Much more certain.How to become a millionaire ?
Invest a billion dollars into Airline shares then wait until you loose everything. Approximately shy of a million dollars.
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Any ideas on the surge of QF shares today?
Any ideas on the surge of QF shares today?
Hope to see $5 or $6 a share nevertheless…
How's everyone’s Qantas Share Portfolio going? $6.020