Hence the reason for being pretty resilient in an otherwise underwhelming market at the moment.
Printable View
The big boys are back selling again today after a wee break.
So now two recent AIR valuation down grades, seems knocking $0.10 off is the way to go.
All the usual concerns and bottom of the earnings cycle still seen as being 3 years away at least.
Airline industry analysts, depressed bunch the lot of them.
Best Wishes
Paper Tiger
Never trust a bunch of schizophrenic analysts, strange how none of the six has had a sell recommendation on the stock despite all these downgrades, but wait theres more as one of them now has an outperform rating on the stock. Talk about mixed messages, just as well I trust my own judgement on Air and not this fickle bunch.
Are you kidding... A professional broker doesn't use the "Sell" word, their job would be on the line. Its only the web-bloggers that aren't directly employed as brokers who say such things.
re-weighting, normalising, adjusting, lateral decision making,
My all time favourite was a broker who expressed the 2007-2008 market downturn as...modulated optimism...
newsflash: brokers profit from buy AND sell transactions...
Average analyst EPS FY17 34 cps, FY18 29 cps...looks like our dividend is nice and safe.
I see Qan looking forward to their first Dreamliner next year...AIR will have 9 by this Christmas.
Silly me booked with a competitor On a flight to New Plymouth. Never again!
At Sydney airport. Air NZ flight to Auckland (Dreamliner) has just been cancelled due to mechanical problems. The guy on the tannoy said that the aircraft is a very technical aircraft and (being completely serious here) they tried turning the computers off and restart them but that didnt work. A part now has to come from Auckland or Melbourne. Meal vouchers have been dispensed.