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Undervalued Cathay Pacific's Stock Fails To Take Off Due To High Costs And Poor Sentiment
CPCAYCATHAY PAC AIR(CPCAY) Seeking Alpha·2024-08-23 09:09

th Canada Career of Canada Comments of and and the program and il in The Property of the Property of T STARTICAL 1 Jetlinerimages I have been following Cathay Pacific (OTCPK:CPCAF, OTCPK:CPCAY) for nearly two years and while I have been seeing fundamentally driven upside for the stock, the reality is that the stock is not performing anywhere near where it should trade based on historic EV/EBITDA multiples. Perhaps with higher costs in the industry and softening of yields driven by macroeconomic concerns, hi ...