If it gains 5c every day between now and ex date which is in 7 buss. days. That would = 35c + today's closing price of $2.27= $2.620c. But it may not be 5c a day, so I will predict about $2.50c pre div and $2.15ish or higher ex div.:D.
Printable View
If theres more insto sell off it stands to reason they may just be letting it climb every once and a while before dumping more on there but volumes this afternoon much more subdued than the mornings.
Be interesting as always to see how it plays out but I am going to hold onto the ones I have, long term in todays climate I think the risk versus benefit is weighing in favour of holding on to them. May top up myself ex divvy it if gets to that 2.02 resistance mark.
Usually now have limited luck on upgrades, pay full for BP or go without...I travel twelve return trips a year AUK to LAX for work , always full, just a question of what they are selling the economy seats for to ensure that. See many of the same characters on the flights so heaps of repeat customers. Tried Qantas earlier in the year and it sucked so changed back...
http://www.sharechat.co.nz/article/3...s-targets.html
Seems all the analysts have fallen into line with my thinking, (as expressed on here several weeks ago) of circa $500m before tax for FY17.
Interesting they all think AIR capable of sustaining 20 cps going forward, (I have double checked and can confirm they have more than ample imputation credits going forward)...guess they must have listened too and agree with management's point of view.
Wonder if they back tested it against balance sheet strength like I did, doubt any of them would have been working hard to do that on a Sunday...
Disc: Sitting by the dividend food bowl, tail wagging, waiting for premium steak.
P.S. Nothing too shabby with a target price of $2.20-$2.30 in 12 - 13 months time when there's 35 cents plus two forecasted 10 cent dividends (55 cents) in total dividends between now and then.
Broke one of my rules on Friday & bought an airline.
Biggest problem was the boss called a H&S meeting @ 10.00AM (now for you share trading folks thats Health & Safety not Head & Shoulders) & that cost me 4 CPS (now for you non share trading folks that's Cents per Share not Cycles Per Second).
Anyway job done & risks fully understood, as always be comfortable with risks associated with your decisions. Only time will tell if I made the right decision on the day.
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