2024-05-17 03:10:43 ET
Summary
- TUI AG has delivered record-level revenues in 2Q24, with improved profitability and booking upside.
- The company's financial improvements include a reduction in net debt and an upgrade by S&P Global.
- TUI's valuation suggests potential upside, although it remains a speculative investment with risks related to macro events.
Dear readers/followers,
TUI AG ( TUIFF ) has been an unlikely stock for me to retain any investment in, but it goes to show you that when you're able to in fact pick up a quality company at a discount valuation, you can make very good money.
I follow Warren Buffett's adages when it comes to value investing more often than not, but one that I have always had a bit of a problem with is the whole "rather a great company at a good price than a good company at a great price"-saying. Not because it's not true - but because sometimes I don't see this as being available. ...
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For further details see:
TUI: The Company Stability Is Increasing And Improving