With Vaccine Rollout in NZ, and future plans for border re-opening in 2022-24
Hey fellow apes, first time posting after being introduced to you through GME (bought @ 300+ and when it dipped to $90, earned my chicken tenders to say the least) As I know there is a lot of stocks from GME, AMC, Palantir, etc. catching a lot of interest, I want to bring you guys some information from doing some DD in New Zealand where I am currently living and why you should look to put some money aside as the bounce-back for airlines comes into play with vaccine roll-out and sequentially border re-opening, especially those that are more affordable, namely Air NZ, and Qantas, but not limited to.
As you may know when Countries ran full restricted lockdowns, air-travel via tourism and delivery of goods via air (not only) received a huge economic hit. During the increase of cases leading up to the lockdown, there was a huge dip in stock price from Air NZ, Qantas, and namely Air Canada as well as Delta airlines for you guys in the US. It all hit relatively at the same time between Feb 2020 – March 2020, when the pandemic spiked.
Some airlines especially larger economies such as Canada and US airlines stocks are recovering. In order, Air Canada @ Peak 47$ dropped to $12.41 and is currently @ 27. Delta (one of many US airlines) @ Peak ~60$ dropped to 22$ and is now @ 48$.
Similarly, Qantas (Australia) @ peak 6.50$ dropped to 2.36$ and is now 4.71$ (it was closer to 8$ @ peak but it dropped a bit before it fell off completely at the timestamps, so keeping things specific to the pandemic)
Finally, Air NZ @ peak $3.00, dropped to 80 ¢ and is back up to $1.63. Now I don’t expect insane % increases the likes of what we see in e-commerce, and that of the diamond handed folk of WSB, but as the economy begins to recover over the next few years and Air travel for tourism and goods will return, expect the stock to return to normal (or increase as tourism will increase as borders re-open)
I have more DD from ministry of health vaccine roll-out plans (publicly available and being a health student am now able to receive my vaccine) that lets me know that the current turnaround to have everyone vaccinated with relation to achieving herd immunity, and previous vaccine data of other diseases let’s me know that it will be a few years before a solid rebound occurs.
DD of publicly available GDP sources of our economy in the form of tourism and recognizing over-stock of perishables in wholesale, etc. That I can explain in another post.
DD of previous cases namely Oil and gas, traumatic events and a variety of others that plummeted stock prices that have recovered to-date.
Now I am not one to say it is good to be making money knowing it is because of the cost of lives lost that resulted in it. But I don’t expect to be using this money on myself, you all have shown me what good can come from your donations, and I plan to do the same, or at least take care of my family.
P.S, not a financial advisor, the whole 9 yards, you know the drill. Thanks DFV/Roaring Kitty, you have been teaching me a lot w/ those 4+ hour streams.
I hope if anything, helps give you guys insight to start looking into this, to expand your portfolio if you decide to.
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June 11, 2021 at 08:58AM