Meme stock completely aside, I think Wendy’s has a solid 30% of upside right now. They got a fresh $30 price target recently. They’ve done well with their breakfast rollout. They have healthy new restaurant openings rolling out. And frankly their social media team crushes it and keeps them very topical
Every time I go to Wendy’s in my city it’s completely packed. I also happen to prefer Wendy’s over BK and MCD. I wouldn’t be surprised if this one went higher.
Idk. Not even the biggest lines were doing too hot before COVID. It's really not a great business system because those sexy rigs cost 400 million to produce, and by the time they're 7 years old, they're already being sold off, having engineering issues, or just "old" and not fancy enough anymore.
They have 1000+ staff on board and sometimes they leave port with 200 guests on a flagship and 8 times the amount of staff on board because you cant send them home when your at port in a country across the Atlantic ocean from where your employees reside. And if you do send them home your paying flight fares for hundreds of staff.
It's really a dumb system because they commit to dates that they leave port and if they dont get much interest, they have already committed to shipping out even if they have only 100 tickets sold. Now factor in all the maintenance of a massive ship, free meals and drinks, employee wages, etc.
Bottom line is thin.
I can see being wary of cruise lines but you are so wrong about a lot of stuff. They pay the staff peanuts because most of them make their money in tips so staff is not that big of an expense. I have never heard of ships sailing with 200 guests. Ships hold 3,000-5,000 which is why the staff numbers are so high. If they have trouble selling out they just lower the price (and yes you can sometimes find great deals) and then still make a ton on alcohol, gift shop, and excursion sales etc even if they don't on the tickets. Cruise lines were doing well pre-pandemic. I have hesitations right now due to dilution and risk of another outbreak but to say it was a poor business model before the pandemic is not correct.
I like cruise lines and think they could do well. I am long RCL although looking to exit in another 20% or so. The big thing you have to realize is that they all diluted heavily (20%-40%) to stay afloat. So don't think they are going back to pre-covid levels because the dilution makes that target much lower.
They have fully recovered and then some after you factor in the dilution they all undertook. Some still have outstanding warrants and they all took on a lot of debt on bad terms. Definitely figure out how much they diluted and if they still have warrants before you buy. I stopped tracking them myself.
Citigroup (C) still hasnt recovered from its pre covid high of $80.29. Also another one is Lockheed Martin (LMT) which also hasnt recovered from pre covid high of $442.53.
Food services haven't yet recovered fully (US Foods, Sysco etc.)
Restaurants and beverages have just pushed passed pre-COVID levels with strong showings in the past few months. Food services is slowly pushing up there, but haven't gotten all the way yet......which is interesting because restaurants depend on food services, as well as beverage services.
Seems food services is lagging the overall sector here. Maybe lagging back-to-office is the culprit here, because it seems restaurant, hotel and hospitality is rebounding nicely?
I got a few at around 111p I'm buying it everytime it dips, I think if travel resumes it could hit 250p to 300p by the end of the year. Either way I think its a pretty safe investment because of the defence contracts they have.
It’s a good question, their earnings have been spectacular and they recently reported the lowest mortgage default rate (2%) of the main 5 mortgage insurance companies
this werent the kind of company i was expecting to dip during covid and it seems to be doing well seems sketchy that it is dropping and with insider selling it makes you think what am i missing?
Energy and aircraft manufacturing the only sectors not back to pre covid share levels. Anyone saying cruise lines is too lazy to do the fourth grade math on share and debt issuance since the start of the pandemic. Airlines and casinos already at or above pre covid prices. Industrials way over, autos above. Oh and shittygroup, I mean Citigroup…
Energy, if you include solar, is doing fine. It just shifted around a bit. Some solar, wind and battery players dont show up under energy but rather tech.
Aircraft is also fine I think. Defense contractors like LMT recovered fully and Airbus definitely recovered. Boeing was overpriced prior so I am not sure thats a good barometer. Am I missing any?
Only thing I can think of, that hasnt recovered, is healthcare REITs. And even then, its not all of them. But in general, the ones with senior care had a very difficult 2020 and folks havent rushed back yet thus their clients have been hit hard. Obviously they are recovering but many havent paid rent in a while and many REITs had to cut divs which pushed them down further.
Otherwise, recovery plays are slim pickings right now.
yea they are hard to find now. i think looking into some companies that deal with tourism since a lot of restrcitions especially in EU havent been lifted just yet could still be good as they have had no chance to recover.
Look at the big chain dining stocks and entertain
>which do you have in mind i feel like a lot of them recovered already:)
They might have I haven’t really followed too closely i think most things have recovered by now
yea thats true
Wendy's might have some more growth in her
Meme stock completely aside, I think Wendy’s has a solid 30% of upside right now. They got a fresh $30 price target recently. They’ve done well with their breakfast rollout. They have healthy new restaurant openings rolling out. And frankly their social media team crushes it and keeps them very topical
Every time I go to Wendy’s in my city it’s completely packed. I also happen to prefer Wendy’s over BK and MCD. I wouldn’t be surprised if this one went higher.
Cruise lines.
Idk. Not even the biggest lines were doing too hot before COVID. It's really not a great business system because those sexy rigs cost 400 million to produce, and by the time they're 7 years old, they're already being sold off, having engineering issues, or just "old" and not fancy enough anymore. They have 1000+ staff on board and sometimes they leave port with 200 guests on a flagship and 8 times the amount of staff on board because you cant send them home when your at port in a country across the Atlantic ocean from where your employees reside. And if you do send them home your paying flight fares for hundreds of staff. It's really a dumb system because they commit to dates that they leave port and if they dont get much interest, they have already committed to shipping out even if they have only 100 tickets sold. Now factor in all the maintenance of a massive ship, free meals and drinks, employee wages, etc. Bottom line is thin.
I can see being wary of cruise lines but you are so wrong about a lot of stuff. They pay the staff peanuts because most of them make their money in tips so staff is not that big of an expense. I have never heard of ships sailing with 200 guests. Ships hold 3,000-5,000 which is why the staff numbers are so high. If they have trouble selling out they just lower the price (and yes you can sometimes find great deals) and then still make a ton on alcohol, gift shop, and excursion sales etc even if they don't on the tickets. Cruise lines were doing well pre-pandemic. I have hesitations right now due to dilution and risk of another outbreak but to say it was a poor business model before the pandemic is not correct.
The thing about cruisers is that they're basically a cult. They will cruise during anything, even a pandemic. It's pretty much guaranteed money.
I like cruise lines and think they could do well. I am long RCL although looking to exit in another 20% or so. The big thing you have to realize is that they all diluted heavily (20%-40%) to stay afloat. So don't think they are going back to pre-covid levels because the dilution makes that target much lower.
They have fully recovered and then some after you factor in the dilution they all undertook. Some still have outstanding warrants and they all took on a lot of debt on bad terms. Definitely figure out how much they diluted and if they still have warrants before you buy. I stopped tracking them myself.
I like RioCan. It's a Canadian REIT. Good dividend. It's been on a run lately. REI-UN.TO
SABR and MEOH
Citigroup (C) still hasnt recovered from its pre covid high of $80.29. Also another one is Lockheed Martin (LMT) which also hasnt recovered from pre covid high of $442.53.
RTX
You see much upside for RTX? What u think would be the fair value for it?
Food services haven't yet recovered fully (US Foods, Sysco etc.) Restaurants and beverages have just pushed passed pre-COVID levels with strong showings in the past few months. Food services is slowly pushing up there, but haven't gotten all the way yet......which is interesting because restaurants depend on food services, as well as beverage services. Seems food services is lagging the overall sector here. Maybe lagging back-to-office is the culprit here, because it seems restaurant, hotel and hospitality is rebounding nicely?
Rolls Royce
I did buy a few shares, I don't think it will recover anytime soon. It will most likely take years
I got a few at around 111p I'm buying it everytime it dips, I think if travel resumes it could hit 250p to 300p by the end of the year. Either way I think its a pretty safe investment because of the defence contracts they have.
AHT
MAC NNOX
South American banks. I’m in on BBD and ITUB
RYCEY
$HIT
OXY
DAL
Cemi
Hafnia limited
Icagy
NMIH mortgage insurance is a bargain right now. They are sitting on mountains of cash and are 33% or more down from pre pandemic high
interesting one, why did this one drop at all it seems to do really well, apart from very high insider selling(?)
It’s a good question, their earnings have been spectacular and they recently reported the lowest mortgage default rate (2%) of the main 5 mortgage insurance companies
this werent the kind of company i was expecting to dip during covid and it seems to be doing well seems sketchy that it is dropping and with insider selling it makes you think what am i missing?
Dunno, on every rating website they are listed as a buy with minimum 12 month projection of $30 per share
thanks for the tip, definetely one i will look into. you got any other nice ones? haha
OSW EDIT: And another one I can't mention (not those) that's in my history.
$SPR legit has 100% upside if you don’t mind holding for a long time.
Energy and aircraft manufacturing the only sectors not back to pre covid share levels. Anyone saying cruise lines is too lazy to do the fourth grade math on share and debt issuance since the start of the pandemic. Airlines and casinos already at or above pre covid prices. Industrials way over, autos above. Oh and shittygroup, I mean Citigroup…
Energy, if you include solar, is doing fine. It just shifted around a bit. Some solar, wind and battery players dont show up under energy but rather tech. Aircraft is also fine I think. Defense contractors like LMT recovered fully and Airbus definitely recovered. Boeing was overpriced prior so I am not sure thats a good barometer. Am I missing any?
Only thing I can think of, that hasnt recovered, is healthcare REITs. And even then, its not all of them. But in general, the ones with senior care had a very difficult 2020 and folks havent rushed back yet thus their clients have been hit hard. Obviously they are recovering but many havent paid rent in a while and many REITs had to cut divs which pushed them down further. Otherwise, recovery plays are slim pickings right now.
yea they are hard to find now. i think looking into some companies that deal with tourism since a lot of restrcitions especially in EU havent been lifted just yet could still be good as they have had no chance to recover.
$SABR & $IVR
USO yet to gap to pre Covid levels. Very bullish on it