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Old 9th Mar 2020, 18:24
  #29 (permalink)  
Cpt. Underpants
 
Join Date: May 2002
Location: up here, everyone looks like ants!
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With oil at $30-ish a barrel, I'm waiting with baited breath for the announcement that Swires have hedged their fuel purchases for the next three years at $80/barrel. All to stabilise the business, of course, and steady the income stream (or whatever Ivan the Terrible was trying to say in that catastrophic Bloomberg interview).
This developing crisis will be yet another opportunity for Swires to asset-strip CX and make off with untold billion$, unhindered by that nuisance, the law.
Hold on folks, this is going to be a bumpy ride.
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