The amount of fuel cost savings the world's highest fuel-bill paying airline will save far offsets the decline in the $R, not to mention, many many more levers are in place now to guard against Fx swings.
This stock was $7 when all the other airlines were near their highs 2-3 months ago - absolutely no reason why this will not go there and higher by yearend.
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Been holding do for sometime now, I am thinking of letting go!
CZZ is 1000% a different company since the early days. It is a 'gas stations' company selling gas, ethanol and convenient stores. It distributes natural gas.
The old sugar and ethanol business is only a component of the business.
Would not move on either sugar or ethanol as a single driver for the share price,
GOL has nothing to do with ethanol.. It is an airline company. They have a lot of debt but it looks they can right size their fleet as a way to pay down the debt and they can roll-over the rate bonds.
With the election, things are up in the air. Invest when the coast is clear.
and now mister captain of what? may be your are captain on a baloon, that is the only thing you can drive up!!!! remember al the kisses you send me? and the yoga .... ? see you next year
Hey elahens, long time no see since the CZZ at $5...looks like we both were checking GOL as a way to profit from the flood of ethanol coming to market. It seems global warming is just for cities, since ag land (SGG, CORN, SOYB) is at record yields.
Too much debt and marginal profit at GOL, so I pass…I wonder, wouldn’t you be shorting CZZ then cover and go long at around $5?
One more comment: the national election will most likely go into a second round.
So the heated battle across the nation will createmore campaign travel.
Do not think the traffic ofr the national election is in the numbers.
Big Surprise when the numbers are reported.
Plus the cost of fuel dropping in September is another factor,
offset by the Real.
Nauta nauta nauta....
The capitan told you to buy the gol at $3,$4,$5.
It just hit $7 3 weeks ago you fool!!!!
The gol is down 24% in 3 weeks on what? Everything cmdr Kakinoff and cart boy Edmar promise they deliver on! Sure, the gol may go sideways as election sorts out, but back above $7 by Dec. 31st.