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Old 1st Jan 2019, 14:23
  #31 (permalink)  
Inboundd
 
Join Date: Jan 2018
Location: Kazakhstan
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Annual report will be released very soon.

Looking at:
1. the significant reduction in oil prices recently, with fuel being the airline's greatest expense
2. hedging losses becoming minimised
3. the second half of the year usually being more profitable than the first half
4. only a comparatively (to 2017) small loss in the first half of 2018
5. the continued expansion of eCommerce and the commensurate demand for cargo
6. Hong Kong Airlines facing financial woes

All make up for a very high chance of CX being back on the positive side of the balance sheet - unless they play some accounting tricks to manufacture a loss of course.

Will be hard for CX to cry poor when they are making truck loads of cash. So I'm inclined to sit tight and wait for all the cards to be on the table.

Aforementioned is my opinion only, and do your own research.
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