Whatever it is, happy with my more than 50% capital gain excl those juicy special and normal divvies.
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Have reduced my holding a bit, due to being overweight and the recent gains in SP. I'm certainly still confident in the company's ability to perform for the foreseeable future though.
Still holding mine. I sold all my HBL shares for $1.54 to buy AIR at 2.19 to take advantage of the 35 cent dividend.
I hated selling HBL but appears to have worked out ok (at this point in time). Could have just as easily gone the other way :)
Kind of wish AIR wasn't rising so quickly because now "sell" thoughts are creeping in and this was supposed to be a nice little earner for the next 5 years or so.
Wasn't buying sub $2 not that long ago good
At this rate could be doubling me money in less than a year (including dividends)
No worries
I'm find it very relaxing just focusing of my medium term, (5 year) investment case of 5 times 20 cps annual fully imputed dividends and 3 x 25 cps special dividends in FY20-FY22 when there's that massive multi year rest from capex...more than happy to stick with it and let the SP find its own level wherever that may be. I think there's about $1.75, possibly as much as $2.00 in dividends coming back over the next five years so whether its $2.00, $3.00 or even $4.00 with a dividend yield outlook like that what does it really matter :)
Remember there's probably about 90-100 cps free cash flow per annum in those years when there's next to no capex so 25 cps average special is pretty conservative on top of a 20 cps annual dividend in my opinion. The risk is to the upside to that for those not holding :)
Beagle - hate your new name
It's associated with DOG stocks - and bound to bring bad fortune
Whatever individuals, Analysts think.....
IMO AIR future is very bright,
- Top class management and business model
- New 19+ entrance, higher fuel price then fy16 and still on track to 2nd best profits in AIR history
- CAPEX are failing in 2-3 years
- John Key aka Sir is on-board, may have hated as PM but he is business Ace and ex.investor banker :cool:
Very likeable animals with a relentless enthusiasm for sniffing out trouble and opportunities for food.
Stoploss... Dog-gone-it, there's no pleasing everyone so you might as well please yourself :)
No point hounding me about it, for reasons I am not at liberty to go into the cute canine pseudonym is here to stay.
whats the estimate of the possible cost for the Aussie collusion charges.
I reckon about $20m fine could be placed on them.