Nice ironic on-line name you use then :t_up:
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My best buddy junior was a big bloke, we called him fatboy. In homage to him, there's no way sky couch would work for him.
Wonder what will happen tomorrow when it goes ex divi :confused: hmm to sell or to hold that is the question! I stuffed up last time selling ex divi and watched it fly higher and higher and I wasnt on board! :(
LOL - What's a feeling anyway ?
Give good assets to fair management and you get reasonable results.Quote:
feel|ing
[ˈfiːlɪŋ]
NOUN
an emotional state or reaction:
"a feeling of joy"
synonyms: love · care · affection · fondness · tenderness · warmth · [more]
an idea or belief, especially a vague or irrational one:
"he had the feeling that he was being watched"
synonyms: suspicion · sneaking suspicion · notion · inkling · hunch · [more]
the capacity to experience the sense of touch:
"a loss of feeling in the hands"
synonyms: sensory faculty · feeling · sensation · perception · sight · [more]
a sensitivity to or intuitive understanding of:
"she says I have a feeling for medicine"
synonyms: aptitude · knack · flair · bent · talent · gift · skill · art · [more]
I think when one tunes into their conference calls you get the feeling "intuitive understanding" that senior management are very switched on.
Give good assets to very poor management and you get awful results.
Give good assets to excellent management and you get outstanding results :t_up:
Some interesting comments regarding China market and if you have a spare 12 minutes makes for a good listen
http://www.nzherald.co.nz/business/n...ectid=11917676 Chris Luxon - Let's reach for the Sky.
I think our see weed's feeling is well founded but I also think the SP at circa $3.50 ex divvy is about fair value for now, ($550m before tax gives 35 cps after tax so 2018 PE is currently 10) until we get further visibility on earnings from management, possibly at the annual meeting...but to be honest at the ASM I simply expect management to reiterate their confidence in profit growth this year without putting a number on it.
Agree it feels like about fair value. I like AIR's positioning in the domestic market, and overseas is a growth area. The industry trends and popularity of travel isn't going anywhere anytime soon.
Things that put it at risk are the usual for airlines - Oil prices, and risk of new entrants.
Love what Luxon has done for the company, but why so aggressive in selling his option-shares?