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    Achal Kumar

    Senior Research Analyst at HSBC

    Achal Kumar is a Senior Research Analyst at HSBC specializing in the airline industry, with a focus on covering major global carriers such as United Airlines and Wizz Air Holdings. He has provided investment recommendations with specific price targets—such as a Buy rating and $69.20 target for United Airlines and a Buy rating with a p1,900.00 target for Wizz Air—as part of HSBC's broader outlook on the sector's recovery. Ranked #2678 out of 9,370 analysts on TipRanks, Kumar's recent coverage highlights his expertise in identifying market opportunities driven by industry consolidation and regional demand growth. His current career at HSBC is concentrated on deep sector analysis, though details regarding previous employment and professional credentials are not publicly available.

    Achal Kumar's questions to Royal Mail plc/ADR (ROYMY) leadership

    Achal Kumar's questions to Royal Mail plc/ADR (ROYMY) leadership • Q2 2024

    Question

    Asked about progress in regaining market confidence post-strikes, the options for raising fresh cash if the business recovery falters, and the rationale for paying a dividend amidst a cash outflow.

    Answer

    Executives stated they are already winning back significant customer volumes and are focused on 'walking the talk' with quality improvements. They are actively looking at ways to generate liquidity across the group to provide flexibility. The decision to pay a 'modest' dividend from GLS is to provide a return to shareholders from the group's successful business, signaling confidence and discipline, rather than making investors wait for the full Royal Mail turnaround.

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