5 replies to this topic

[vlam]

Article by Craig Martin on Comair's prospects going forward: [link]

 

[vlam]

Thanks flexbender, didn't know that

 

[flexbender]

Won't impact Comair really.

Their revenue is domestic, not international flights.

 

If anything it might be indirectly bad for COM -> Less tourists means less people flying around in SA...

 

[vlam]

Virgin is pulling its Cape Town route next year, might be positive for Comair going forward

 

http://travel.iafric...hts/958684.html

Audio: https://soundcloud.c...uver-and-mumbai

 

Don't know enough to speculate whether that gain will be offset by flysafair entering the market though :/

 

[longterm413]

Agreed. Maybe the market believes flysafair will put up some strong competition?

[flexbender]

Can someone please explain to me how COM can only be trading at a PE of about 7.7.

Surely this is ridiculously low.

 

They've just announced another 20%-25% increase in HEPS for half-year and the share price doesn't move.

 

They are massively undervalued in my opinion and unless someone can tell me differently I'm increasing my holding.