iTsTricky

Norwegian Air shuttle's potential - stock price down 99.72%

Long
OSL:NAS   NORWEGIAN AIR SHUT
Hello you all

As you know Norwegian Air Shuttle is a company which is heavely affected by the actual pandemic.
So why could the stock have a huge potential in the near/medium term future?
- Chinese government invested via BOC Aviation into Norwegian
- cash burn reduced to <300 million NOK per month
- current stock price 99.72% under all time high

Norwegian announced at the beginning of the pandemic, that there will be a liquidity risk from Q4 2020/Q1 2021. Norwegian is currently talking with the Norwegian government for another bailout. If that will be accepted, it could give the company money for another six month's or so, which means, that a bankruptcy is unlikely during that period of time. Chances of a higher stock price stands pretty good.

In my opinion it makes totally sence that the stock price went down heavely during this time. But 99.72% of all time highs?

Nevertheless, be careful, the company has a possibility to go bankrupt. Could go to zero.

Comments

If they survive, in about 2 years they'll be trading at a fair price. And I mean well over 20NOK. I'm slowly accumulating small sums.
+1 Reply
@apsnt, Exactly, i think that too. There will be another round of shares added soon, afterwards share numbers will be stable. I think we have a good chance to go up from then.
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@apsnt, I am doing the same
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I am all in :)
+1 Reply
iTsTricky emi2fast
@emi2fast, I hope your investing just the money you can afford to lose!
Reply
emi2fast iTsTricky
@iTsTricky, what do you think about NAS?
Reply
This didnt age well
Reply
@Supernova4, why lol
Reply
If they dont go bust ,you cant loose. But just read one of the original founders is starting a new alternative "Norwegian" airlines ,so be wary.
Reply
emi2fast Teddingten
@Teddingten, Buy the dip
Reply
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