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  1. #1
    ShareTrader Legend Beagle's Avatar
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    To be clear, at no point have I considered this stock worth buying otherwise I would have actioned it myself. I see the rebulbing of tourism very differently to you Arthur but I wish you well and hope I am wrong. I wouldn't own AIA, AIR, SKC or THL either.
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine

  2. #2
    On the doghouse
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    Jun 2004
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    Quote Originally Posted by Beagle View Post
    To be clear, at no point have I considered this stock worth buying otherwise I would have actioned it myself. I see the rebulbing of tourism very differently to you Arthur but I wish you well and hope I am wrong.
    Beagle's worst fears confirmed?

    https://www.odt.co.nz/business/skyli...ing-staff-half

    Half of all staff gone. But pig headedly going ahead with the $200m gondola upgrade in Queenstown. I must say I was surprised to see the staff cuts extend to Korea where I thought a path out of the Covid crisis was becoming clearer.

    SNOOPY
    Watch out for the most persistent and dangerous version of Covid-19: B.S.24/7

  3. #3
    Legend
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    Quote Originally Posted by Snoopy View Post
    Beagle's worst fears confirmed?

    https://www.odt.co.nz/business/skyli...ing-staff-half

    Half of all staff gone. But pig headedly going ahead with the $200m gondola upgrade in Queenstown. I must say I was surprised to see the staff cuts extend to Korea where I thought a path out of the Covid crisis was becoming clearer.

    SNOOPY
    But asking for Govt infrastructure funding to assist with their expansion...…!!

    Probably a telling case in terms of jobs/employment. The 600+ staff are losing their jobs from when the wage subsidy runs out. So circa 6 weeks through, 6 weeks to go.

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