VBA 0.00% 35.5¢ virgin blue holdings limited

I read the following on "The Daily Reckoning"talking about the...

  1. 370 Posts.
    lightbulb Created with Sketch. 16
    I read the following on "The Daily Reckoning"talking about the best "Pocket Change Punts" at the moment. The writer didn't specifically say that the stock was VBA but I'm pretty sure with the figures he gave about the SP that it is in fact VBA. Interesting reading. Note that he mentions a sell figure of $2.

    "No one in their right mind would normally invest in an airline. Especially a small, lesser-known one.

    You've heard all the stories about the airline industry as a whole never having made a profit since the Wright Brothers lifted off from a field in North Carolina.

    But there's a story brewing here... one that could make you a lot of money in a short time if you're prepared to take on the risk.

    See, in this industry you've got two choices. You either invest in the market dominant player, or you invest in the upstart.

    The 'upstart' I've selected - one among several in Australia - first left the runway nearly ten years ago. Now this small aviation company is entering an expansion phase. It's now looking to compete with the big guns as well its smaller competitors. That still means lots of costs - as it adds new services, planes and routes to its roster.

    But the benefit is it's got a very loyal customer base to build from. If it can retain existing customers - and gain some new ones - the money will start flowing in 2010.

    I first tipped stock in this high-flying upstart in August 2009, when its share price was 35 cents. Since then it's gained over 52% to 54 cents a share. If it can continue to push through this difficult time in the industry, I see potential for its shares to sell for over $2 - that's a tidy 270% gain if you get in now."



 
watchlist Created with Sketch. Add VBA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.