Originally Posted by
upside_umop
I'd put THL in a similar bucket to AIR. I.e. THL and AIR are both highly leveraged to economic growth and oil prices. When oil prices increase, economic activity slows and prices increase. THL with their largely fixed costs, low margins and capital intensive business will suffer.....much like an airline does in times like these.
Without being too controversial, it I was betting oil was to continue to trend towards $100+ for the next 18 months, this is stock I'd be selling along with AIR NZ.