Nok Airlines Public Company Ltd (NOKPF)

[Cbrnlol]

Most of them lack exposure and experience lol (take it with a grain of salt). I ignore social media for the most part now (saves tons of time and avoids front loaded pumps).

Focus on filings, financials, technicals and fundamentals with a strategy.... trading / life is better that way.

Coming out of bankruptcy/ restructuring is a complex process and different for each sector. Covid slammed airlines unfortunately. Even Nok (3rd largest airline in region took a massive hit). Recall Aa*l restructuring a decade ago (0.20 cents to 50.00 plus on recovery :) ..... btw I’m not suggesting price targets, but imo, I do see multiple dollars as interested creditors recognize this is an absolutely massive deal / unlikely to turn this down (just may be a bit of back and forth negotiating terms..... which in itself will most likely lead to massive pps spikes prior to any deal being set in stone / approved).

Fortunately, air travel is an essential need...... also, not many competitors able to undercut or jump in the game for cheap (aircraft takes time and money to build / even used crafts sold at a premium {ever browse for used helicopters/ fixed wing craft? It’s like buying a 2 yr old toyota..... new only costs 1k more than one with 50k miles}) ..... but, many do realize the sector as lucrative..... also, it helps that Thai government backs them for various reasons