IMHO, I think BA can be saved. JeJu crash not their fault. The core competency is still there, just need to change culture back to the old Boeing, get rid of the GE (Walsh) and McDonnell Douglas cultures. A better long term bet than WBA.
A lot probably depends on how far this lawsuit goes: https://www.gurufocus.com/news/2661...-over-alleged-unlawful-prescription-practices
Everyone's said it before and I agree: more real mechanics & engineers, less fluffers. This alone would literally turn them around. Building an airplane isn't exactly difficult, but you can't make very many mistakes.
Not a walk in the park either but I agree with you. The problem with many US aerospace companies is too many got taken over and run by MBA instead of engineers. The downward spiral started when they bypass Mulally who went on to save Ford.
Valid points, I was ahead and now closed the WBA position at a loss - reason ? The Department of Justice has sued Walgreens, too much uncertainty with this investment as of now. This idea did not work out well, sadly. https://www.justice.gov/opa/pr/just...-alleging-walgreens-knowingly-filled-millions
I've decided to give Walgreens Boots Alliance (WBA) a last chance / shot. Reason ? Take, if you want to, a closer look at the chart. The share price exploded after the earnings came out, then continued to climb - then the Department of Justice sued. Fat loss followed, but the upgap remained intact ! I interpret this as bullish and have again bought shares - slighty ahead I'm now (current price 12.08 US$). Should the gap gets filled, aka the price drop to around 10.20 US$, I'm done with this company and will close the position with a loss. CVS got sued too, in December of last year, share price recovered. But it is a very speculative play.
No more WBA for me . Loosing almot 10% in this trading session, I smell a rat here. Officially done with this company, I don't own any shares, had to sell with a loss again. Now 10.80 US$ .
@ironchef, thank you for the kind words. I've now decided to invest a small part of my portfolio in german chemical giant Bayer (a small part !), the bulk in Nike (NKE) and some Altria (MO) shares for dividend income. British American Tobacco (BATS) would've been a huge success, page 35 & 39 of this thread. Got caught by my own greed, I now think, the Peloton and Walgreens investments cost me $$$. For new readers of this thread, this is how quality capital market research should, imho, look like, Dan Shuart (don't know him personally, nor do I have any relation to Eagle Point Capital) did such a great job. Almost nailed the low, was published in March of last year, 2024 . https://eaglepointcapital.substack....for?r=6gq23&utm_medium=ios&triedRedirect=true
I'm ahead on my Nike (NKE) investment, I think I won't trade again trying to capture short-term moves. It cost me money. I introduced my Nike idea already, my guess is the new CEO Elliott Hill will engineer a successful turnaround and the shares will see 179 US$ again until late 2028. Dividend yield is roughly 2% a year. Could become a multiyear longposition. Yesterday (01/29/2025) was a great day, a 3% + rally. The Moody's downgrade of the debt only hurt temporarily.