Visit our COVID-19 site for latest information regarding how we can support you. For up to date information about the pandemic visit www.sacoronavirus.co.za.

Community

Share knowledge. Find answers. Ask questions.

Online Share Trading

Engage and learn about markets and trading online

1time

Reply
Highlighted
Not applicable
Here is a medium term share which after the oil crisis will fly like a bird
0 Kudos
5 REPLIES 5
Highlighted
Super Contributor
Im starting to think the oil crisis is here to stay for quite a while o thre is manipulation of the share.
0 Kudos
Highlighted
Super Contributor
Like a lead bird with clipped wings prehaps.
0 Kudos
Highlighted
Super Contributor
The word DODO seems apt.
0 Kudos
Highlighted
Frequent Contributor
airlines are taking major strain from the oil crisis. the smaller airlines i think have smaller margin for absorbing the knock. didn't an airline go bang recently? what keeps this one from going belly up?
0 Kudos
Highlighted
Super Contributor
Heard some local banks refused to refinance some planes cos they felt that the values did not justify. Thus maybe expecting a big impairment to hit the income statement. I still own these from listing last year.
0 Kudos