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Old Dec 6, 12, 4:49 am
Join Date: Dec 2007
Location: ORD
Programs: BA, AA, SQ, UA, LH, MR TIT, IHG GLD
Posts: 7,975
Originally Posted by TRAVELSIG View Post
Clearly this is the KPI to watch for future investments!
Yeah, however, in certain emerging markets like Saudi Arabia, Qatar and Kuwait shares value go up despite lousy performance by the management, which can't sustain growth in profit margins.

Believe it or not: It is the only market in the world that profit margins have not much effect on shares value
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