PPRuNe Forums - View Single Post - Merged: Virgin Blue Share Price - how low can it go and for how long?
Old 15th Mar 2009, 01:19
  #602 (permalink)  
Con Catenator
 
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abc,

I think your'e dreaming. This is a "super" recession. One that will take some time to crawl out of. Reduced demand = loss of employment worldwide.

Most sensible people would take the view that this is a time for hoarding cash, not swanning around in one of VA or VB's debt vehicles.

Recession indicators are abundant in previous quarter fiscal results worldwide. These are facts. Ignore them at your peril.

It's not simply a matter of talking about "a few weeks" of VA operation. That's incidental. The issues are (once again) VB/VA debt levels, cash reserves, and a very poor trading outlook.

There will always be those who buy shares such as VB on spec. They are trading the market noise hoping to make a few dollars on a few cents change in price. That's pure speculating, not buying because of company value.

I, for the life of me, can't see any value in Virgin Blue Holdings the way it is now.
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