Laurel and Hardy, Abbott and Costello are famous double acts. Norwegian has its own double act with Kjos and Kise. The Norway media reported almost daily last week on Norwegian’s precarious financial situation under the leadership of this not so dynamic duo:
“So far in 2018, the price has fallen by 38.7%...” - Link:
https://e24.no/boers-og-finans/norwe...neder/24292066
“Norwegian balances on a knife edge…..” - Link:
https://www.dagbladet.no/nyheter/nor...-inne/69637038
“This is really bad. Well, Norwegian will probably get through the summer but that’s about it! According to Karl Johan Molnes, analyst of Norne Securities” – Link:
https://www.dn.no/nyheter/2018/03/20...-bunnlost-sluk
“Now the company will also invest in Argentina, a market where no one earns money” - Link:
https://e24.no/boers-og-finans/norwe...-sluk/24290923
It’s too soon to predict any crying in Argentina, but with Ola Supermouse at the helm and his unique style of “just culture” accentuated by bold and underlined email communication, get the tissues ready.
boohoo.