http://www.nbr.co.nz/article/analyst...rgets-b-193617
He also addresses the issue of swirling rumours on his tenure at AIR. Well worth a listen if you have 23 minutes spare at some stage.
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http://www.nbr.co.nz/article/analyst...rgets-b-193617
He also addresses the issue of swirling rumours on his tenure at AIR. Well worth a listen if you have 23 minutes spare at some stage.
Interestingly the idea of a sustainable $0.20 per annum ordinary dividend for the foreseeable future, derived from a cash flow analysis, appears on this thread way back in mid-May.
Best Wishes
Paper Tiger
....and you had it increasing at 3% pa as well
I know you are a modest little tiger and prefer hiding in the undergrowth rather than being in the spotlight ....but if you reposted that today most here would be rapt, esp your dividend outlook and the valuations getting close to 3 bucks
Latest analyst reports are confirmation of your work - pity it took them 4 months to work it out as well
From memory AIR's best yields are from Oct to Apr. Charts show an increase during this period for the last 5 years. I'm thinking that the same will occur this year ex div.
Wouldn't it be great if the price goes to $2.35. Has a nice ring to it.
Not even September, plenty of time for the SP, coming home tonight, hoping for no false gunman reports at LAX. I really can't get over what an opportunity to buy last Friday was.
Every once in a while, low hanging fruit hit you right in the face as you walk along the investment pathway of life :)
Regarding ex divvy price theories. Mine is that if it temporarily tips under $2.00 it won't be there for long as the forward metrics are simply too compelling under that price level.
I will be buying more Ex divvy, especially if it drops more than the 35c in order to bring my average buy price down (I know that's the opposite to your strategy Roger but I reckon I've got enough now for the divvy) PS-Looking at the volume, I reckon Insto selling is still slowing the price rise down currently.
I agree with this
http://www.nzherald.co.nz/business/n...ectid=11701941
Also wastes a lot of fuel as pilot waits for the god damned thing to finish before moving off - was ona flight once when he got impatient and went well before it finished. (Does the plane have to wait for safety briefing to finish?)
Interesting that 70% of people liked AIR's safety video's saying they're a bit of fun. Bring back the Sports Illustrated 2014 one wasn't there to vote for as a favorite...oh well never mind. ( I seem to recall for some strange reason :) that one was controversial with some people too).