AIR - Air NZ.

[couta1]

...as long as the other execs dont joing Stephen and offload heaps of shares

Those AIR execs prett canny sharetraders - they invariably pick the tops to off load their free shares (sorry the pay packet ones)

At these sort of prices, I'd be off loading faster than a straight ski run from the top of Treble Cone ski field.

[winner69]

But are you holding?

At this point in time I remain loyal .....even though recent travels did remind me that airline business is just a commodity item and there ain't much difference between airlines anyway. Air seem to be one of the more efficient ones (operationally) so probably has the best prospects

Hate this modus operandi on long haul - give them dinner and then turn the lights off and hope most passengers sleep so they don't have to do too much for them. After 5 or 6 hours in the dark how the heck can you even tell what airline you are flying with anywhere

[stoploss]

At these sort of prices, I'd be off loading faster than a straight ski run from the top of Treble Cone ski field.

Pity you off loaded sub $ 2.50 .....your judgement wasn't right on the timing then what makes you think it's any better now ? Seems you have repeated this overvalued s/p call every 10 cents since you sold.

[winner69]

At these sort of prices, I'd be off loading faster than a straight ski run from the top of Treble Cone ski field.

Many were saying that at 230 odd just after the divie

Who knows when she'll stop flying high - hopefully over 3 bucks eh

[winner69]

At these sort of prices, I'd be off loading faster than a straight ski run from the top of Treble Cone ski field.

Thought of you the other day when I was watching that film about Eddie the Eagle - cool movie

[couta1]

Many were saying that at 230 odd just after the divie

Who knows when she'll stop flying high - hopefully over 3 bucks eh

No mate, I just know myself, even if I hadn't have sold before the divvy, they would have been gone soon after anyways. PS-Very cool movie.

[bung5]

Still pretty low PE ratio couta...even without any earnings upgrade

[couta1]

Still pretty low PE ratio couta...even without any earnings upgrade

Yes but that's normal for Airline stocks, doesn't mean it's good buying in comparison to non cyclicals.In fact when PE ratios are very low in a stock like Air, it's a signal of the end of a prosperous interlude.

[bung5]

Yes but that's normal for Airline stocks, doesn't mean it's good buying in comparison to non cyclicals.

Yes but industry PE ratio average is probably about 50%+ above where airnz is . correct?

[couta1]

Yes but industry PE ratio average is probably about 50%+ above where airnz is . correct?

Around PE of 11 is average I think. Air currently 8.5.