Bloomberg article on SAS - can’t be good
Nov 27, 2019, 3:56 am
#136
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The economic growth rates in SAS’s home countries seem to be dropping a bit. So that could mean one slight headwind against SAS. But as what are often taken as leading economic indicators, the stock prices don’t really seem to reflect much of that, so maybe the good times for SAS and Norwegian are not dead on arrival and just getting started?
The "race to the bottom" (for passengers) from ARN and CPH is now going to be all SAS's. And it's going to mean higher prices for consumers.
Nov 27, 2019, 4:51 am
#137
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Nov 27, 2019, 5:22 am
#138
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Or did you just buy most of your current SAS shares before June and/or around or after the commemoration day for the end of World War 1 this year?
Last edited by GUWonder; Nov 27, 2019 at 5:41 am
Nov 27, 2019, 5:50 am
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Some people have seen a 20+% gain on simple investments made in SAS shares this month, and now HSBC comes along.
Nov 27, 2019, 5:56 am
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41% since start of November. Of course, picking stocks is on aggregate a fool's game, but Norwegian's issues are definitely making SAS stock look like it's 2007 again.
Nov 27, 2019, 6:07 am
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This being Scandinavia, when can we expect an investigative report of the costs to society for insider trading done by locals and those connected with locals with inside information and the kind of background those "inside trading" folk have?
Last edited by GUWonder; Nov 27, 2019 at 6:13 am
Nov 27, 2019, 8:48 am
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Never. Everybody knows everybody, too much to lose for single actors willing to speak up.
Nov 27, 2019, 9:55 am
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Dec 2, 2019, 7:38 am
#147
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I bought 500 on July 11 for 1.27€. Today its at 1.91€. With the EUR/SEK exchange rate spoiling the party a bit I'm at +50% today. Not complaining.
Dec 2, 2019, 7:43 am
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I thought EUR/SEK has been pretty much the same now as it was at points in July. The EUR is not my bread and butter, but I can see how that forex dynamic has been not as favorable since July for you as it has been for the USD-focused October buyers.
Dec 2, 2019, 11:08 am
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My take on Sweden has always been that middle management and below are so squeaky clean that Mr Muscle can't find anything to do, but above that it makes banana republics look veritably honest. What other country allows golden parachutes to deploy when someone is fired for corruption, and then the same person gets hired to run another big company the next day?
Dec 2, 2019, 12:02 pm
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