Next time TUI (TUI) threatens to go bust the German Government will be in no position to bail it out given how many other large German companies will be on their uppers by this winter. So says Lucian Miers who is short of the stock in a material way.
It has been an excitable week for global markets and certainly anyone (foolishly) heavily weighted in technology and related stocks has not had much fun. For example, it has been fascinating to watch the performance shocker currently being suffered by a leading female US fund manager, Cathie Wood, who a few months ago was being presented as a multi-year genius. Personally, I am still far from convinced that having Tesla as one's biggest position by a mile is even moderately sensible. Anyhow - and certainly by late yesterday or earlier today - there were plenty of genuine panickers out there. And what do I think?
Tui (TUI) is a funny old business. Whilst it highlights a ‘global team of travel experts are on hand to help whenever you need us, while the TUI app lets you control your holiday from the palm of your hand’, suffice to say the reality of the backdrop over the last fifteen months has been very tough...even if eighteen months ago it was seeing the opportunity from Thomas Cook going bust. Of course Tui shares have romped over the last year, doubling from a two hundred pence share price last summer to over four quid a couple of months. However, their shares are down by more than 5% today. So what is going on?
I can understand why people aren’t rushing to invest in the travel sector currently as the situation looks very bleak with Covid worsening and further travel restrictions and lockdowns being added on a daily basis around the world.
Hello, Share Chums. As the number of new corona cases grows in Blighty the death rate is falling. This dichotomy is causing the Footsie to stagnate. A moribund index makes it harder, of course, for armchair tycoons like us to make money. But there are ways to keep the dough flowing in. Most investors here will be familiar with most but perhaps repeating the best strategies might be useful. So here are a few of them.
