Qantas Airways Limited

ASX:QAN

Qantas Airways Limited

ASX:QAN
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$6.11 (-0.7%)
Last close price
#554
Rank
1
Held by
7
Followers
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TEPCapital
Company Report
Last edited 9 months ago
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ranked
#205
Performance (2m)
2.5%
Followed by
479
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#Selling
stale
TEPCapital
Added 9 months ago
View author's company report

I had seen this as an opportunistic purchase ahead of a bumper profit and continued strength in the margin. I still like the value in the business (7x LTM PE) but given the increased politicization of the company, I am cautious of a near-term re-rate.