AIZ in the ASX index .........S&P NZX20 AIR out
https://www.nzx.com/regulation/NZXO/announcements
https://www.asx.com.au/asx/statistics/announcements.do?by=asxCode&asxCode=ZSP&timeframe= D&period=M6
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AIZ in the ASX index .........S&P NZX20 AIR out
https://www.nzx.com/regulation/NZXO/announcements
https://www.asx.com.au/asx/statistics/announcements.do?by=asxCode&asxCode=ZSP&timeframe= D&period=M6
I know many people are enjoying flying less for work, yes you need to maintain relationships yet there a certain dates and meetings in the year which achieve that.
A lot more meetings will be online. I see my travel would reduce by half if we return to normal travel and business environment tomorrow.
I plan some travel to the capital this winter on AIR and expect some good offers on accommodation. My travel agency say they expect some good deals going forward back to europe in 2021 2022, we will see. A well travelled friend always did his own arrangement on travel and although a degreed science and politics grad is now stuck in Thailand. Left a few weeks before the levels came in. Still arrogantly talking about virus being a burn out with no need for a vaccine...
NZX enquiry .... those pesky statements again ... the ones that are very difficult to fathom..
"We have set the annual results announcement in late August 2022, which is in around 800 days’ time, as the target date for Air New Zealand to report we are starting to earn healthy profits again even though we may be only 70 per cent of our pre-Covid-19 size."
Foran said it had entered phase two and aimed to remove about $150 million additional from its wages bill as part of a suite of other changes to its cost base.
This could result in more redundancies, the note said.
He said he hoped Air New Zealand in 2022 would be flying about 13 million customers a year versus almost 18 million pre-Covid-19."
Forsyth saying today they lower their target price from $1.00 to 70 cents... I don't know of a broker/analyst that has a target price over $1
Yet AIR is currently trading at $1.62 and nearly hit $2 last week.
I maintain that this is the most overvalued stock on the NZX by miles currently, but not sure if it will ever get remotely close to reality (low $1's) as the story is very, very strong - and really, the story is what counts (not fundamentals)
Cap raise on this stock will be very interesting and its impact on other stocks as new investors start to understand its wider implications.
well they are fearless ...
Yeah, Nah...its probably for the best that I don't go there...
is that the sound of foot steps down the empty skybridge at Gatewick....fearless...i would sell these rallies and wait for the cap raise... if it comes to that..
US is green, good day ahead.
Maybe , but it's a long bow to say because an index is up , AIR.NZ will be up , especially if you might be looking to raise cash....
https://www.marketwatch.com/story/un...?mod=home-page
yes FED buying bonds , perfect day not, was hoping for a pull back day to buy... so if the FED steps in big that the end of that down swing, they just put the hand on the scales