I am just writing to express my now very bullish view on MT. As i said when i joined this thread, a close friend of a relative works at MT. and after meeting him on xmas day, i have come away confident of this years success.
I am not ramping, look at the other threads i post on ZAR and PET i propose to know nothing of the company and as a student of young age i still know little about my investments however here are the key points he made that i understood. I am probably only regurgitating what you know but makes me feel bullish non the less
1) He is in senior management and talk a lot about MT. with his department man. director
2)This guy had apparently been correct about all the events unfolding so far
3) Restructuring will now mean 96% of MT. shares will be held by those who debt was owed, banks and bondholders.
4) For these instituitions to gain any interest/profit from there shares to reclaim back any of their loss, they are relying on MT. shares gaining price.
5) These institutions there for have a massive input in MT. actions and busness plan, therefore helping MT. to be succesful (and relying on their success)
6) It is not in the institutions best interest to sell imediately
7) Restructuring plans and ideas are underway,,..all very bullish
8) Holders now own a debt free company
9) 200% + doesn`t seem unlikely in a year!
All the above is explained in the terms and ways i understood. I will just finally say that he seemed very bullish about his job and MT. future.
Mytravel stock quotes
Mytravel stock charts
Follow this thread
