AIR - Air NZ.

[couta1]

A few punters have told me they topped up big time at 320 .........didn't seem enough volume gone through to satisfy all their demand .....hmmmm

Sounds impressive though aye winner, the art of exaggeration, just like old fishing tales.

[777]

A few punters have told me they topped up big time at 320 .........didn't seem enough volume gone through to satisfy all their demand .....hmmmm

90 11:17:03 am 322 14,000 2 $45,080 1
86 - 89 11:12:18 am 320 11,130 1 $35,616 4
83 - 85 11:11:11 am 319 14,771 1 $47,119 3
75 - 82 11:10:33 am 320 10,750 3 $34,400 8
74 11:08:37 am 323 5,782 2 $18,676 1

Trades off Stockness shows how few went thru

[Eval]

A few punters have told me they topped up big time at 320 .........didn't seem enough volume gone through to satisfy all their demand .....hmmmm

order fulfilled here.

83	11:12	3.20	600	$1,920.00
82	11:12	3.20	530	$1,696.00
81	11:12	3.20	9,470	$30,304.00
80	11:12	3.20	530	$1,696.00
79	11:11	3.19	8,500	$27,115.00
78	11:11	3.19	1,271	$4,054.49
77	11:10	3.19	5,000	$15,950.00
76	11:10	3.20	650	$2,080.00
75	11:10	3.20	3,320	$10,624.00
74	11:10	3.20	322	$1,030.40
73	11:10	3.20	1,100	$3,520.00
72	11:10	3.20	258	$825.60
71	11:09	3.20	3,960	$12,672.00
70	11:09	3.20	1,040	$3,328.00
69	11:09	3.20	100	$320.00

[couta1]

order fulfilled here.

83	11:12	3.20	600	$1,920.00
82	11:12	3.20	530	$1,696.00
81	11:12	3.20	9,470	$30,304.00
80	11:12	3.20	530	$1,696.00
79	11:11	3.19	8,500	$27,115.00
78	11:11	3.19	1,271	$4,054.49
77	11:10	3.19	5,000	$15,950.00
76	11:10	3.20	650	$2,080.00
75	11:10	3.20	3,320	$10,624.00
74	11:10	3.20	322	$1,030.40
73	11:10	3.20	1,100	$3,520.00
72	11:10	3.20	258	$825.60
71	11:09	3.20	3,960	$12,672.00
70	11:09	3.20	1,040	$3,328.00
69	11:09	3.20	100	$320.00

That's funny because earlier you said you bought 20k shares, yet the above shows just over 36k shares.

[Eval]

That's funny because earlier you said you bought 20k shares, yet the above shows just over 36k shares.

it's not all mine. my order was filled between these trades.after that price straight jumped to 3.28 otherwise have topped up more 20k to 30k volumes if stayed under 3.25 . love affair with AIR . made me more rich in last 5 yrs . 100% portfolio in AIR. holding over 230k volumes. no risk no gain simple is that.

hope some punters doubt may have cleared

[Beagle]

I don't totally understand the inside jokes between Roger and PT and whether its in good humour/faith or not, but for my two cents I have made exceptionally good returns on AIR in the circa 3 years since my initial investment, largely thanks to Roger whose posts are usually very informative and transparent (Rogers comments largely are the reasons I invested in the first place). No disrespect to PT, but I find his posts very cryptic, and not usually that informative or helpful at all!? So thankyou Roger.

Unfortunately I recently sold 30% of my holding at $2.81, and the balance at $3.20. Ever since I have desperately been awaiting a suitable re-investment point as I had intended this to be a long term hold purely for the dividend return. I concur with many on this forum that the company seems to be very well run. Surely the fact that they are making record profits in a time where they face/d very intense levels of new competition must be telling? If this level of profit occurs during times of massive competition - which seems to now be abating - this is a positive indicator? As far as I know, there is not a single valid negative argument against AIR (excluding arguments against the airline industry, and its associated risks as a whole). What is their not to like about AIR? I don't think its under-priced at present, but I also don't think its overpriced. Its about right perhaps, although I do think there is still going to be a lot of resistance to upward movement, given there must be a serious amount of people (like myself) who just want to lock in their profit, keeping pressure on the sell side.

You're most welcome and I am pleased you've done well. Definitely an element of some people looking to lock in their profit on some of their investment, SP has close to doubled in the last 10 months. On the other subject, some of it is good natured and some of it not so much. I will leave it for others to ponder why some posters consistently seem to give cryptic answers.

Well done Eval, sweet timing, hope it works out well for you.

Migration / Tourism soar to new record level's ! Got to be good for AIR as is the new ADR over the counter trading facility in the U.S., (good for liquidity which is almost always a good thing). http://www.sharechat.co.nz/article/8...al-recordshtml

Unfortunately I was in an important meeting this morning so missed the opportunity at $3.20 but very sweet timing for those of you who were quick !

[drew]

Admittedly I havent looked at AIR for a long time but im wondering whats driving the current valuation. A quick review of their financials shows every dollar of operating cash is plowed back into capex and the dividend is being funded with debt for the last 6 years or so. Is there something obvious that im missing?

[Eval]

Well done Eval, sweet timing, hope it works out well for you.

Migration / Tourism soar to new record level's !

Thanks Beagle. Doing it this for quite sometimes. No risk no gain. Well managed company. it doesn't concern me if sp retrace. company maintained profitablity and paid a dividend right through the financial crisis what else we want.

Yes those impravise tourism jump and not expecting to be slow down anytime soon. more middle class peoples can afford to fly then ever before.

And funny some punters need a artefacts to clear their doubts

[arc]

You're most welcome and I am pleased you've done well. Definitely an element of some people looking to lock in their profit on some of their investment, SP has close to doubled in the last 10 months. On the other subject, some of it is good natured and some of it not so much. I will leave it for others to ponder why some posters consistently seem to give cryptic answers.

If you are referring to my post Beagle, its just a heads up to new investors and a reminder for longer term traders that robot trading software has basic fundamental flaws inherent in it, and when its parameters are exceeded things can go downhill very quickly. It was robot trading that caused the 2010-2011 flash crashes on the American market.
The main thing is ... Dont Panic.... Flash crashes happen, and often they reverse almost as quickly after the numerous "Stop Loss" limits are achieved.

[Beagle]

If you are referring to my post Beagle, its just a heads up to new investors and a reminder for longer term traders that robot trading software has basic fundamental flaws inherent in it, and when its parameters are exceeded things can go downhill very quickly. It was robot trading that caused the 2010-2011 flash crashes on the American market.
The main thing is ... Dont Panic.... Flash crashes happen, and often they reverse almost as quickly after the numerous "Stop Loss" limits are achieved.

I wasn't talking about your post mate but you make a good point.