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Thread: AIR - Air NZ.

  1. #11991
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    Quote Originally Posted by Marilyn Munroe View Post
    I hope Cullen Airlines have banked the cheque and had it cleared.

    The mystery surrounding the buyer of their stake in Virgin(under arm bowlers division) is intensifying.

    http://www.smh.com.au/business/aviat...07-gxqsp8.html

    Boop boop de do
    Marilyn
    Interesting article, thanks!

  2. #11992
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    Quote Originally Posted by Marilyn Munroe View Post
    I hope Cullen Airlines have banked the cheque and had it cleared.

    The mystery surrounding the buyer of their stake in Virgin(under arm bowlers division) is intensifying.

    http://www.smh.com.au/business/aviat...07-gxqsp8.html

    Boop boop de do
    Marilyn
    They are also the buyers of UDC Finance...
    May we live in interesting times.

  3. #11993
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    Quote Originally Posted by Marilyn Munroe View Post
    I hope Cullen Airlines have banked the cheque and had it cleared.

    The mystery surrounding the buyer of their stake in Virgin(under arm bowlers division) is intensifying.

    http://www.smh.com.au/business/aviat...07-gxqsp8.html

    Boop boop de do
    Marilyn
    The cheque was banked quite some time ago and funds cleared. AIR's shareholders loan account, (AKA prop up the sinking ship fund) has also been repaid. Chris Luxon earned his bonus last year extricating AIR from that pup !
    Last edited by Beagle; 08-08-2017 at 09:04 AM.
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine

  4. #11994
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    Just checked online to find why this is down heavily today. Came across this article. http://dasherbusinessreview.com/air-...vels-in-focus/

    I'm sure the following makes perfect sense to most guys, but me being a noob I was chuckling reading it. Here's a snipit I found lolworthy -
    When there are crossovers between the FAMA and MAMA, the shares are often widely traded. When the MAMA crosses above the FAMA, it means that the shares are likely to move higher. Conversely the opposite occurs when the MAMA crosses below the FAMA.

  5. #11995
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    Just the usual down day, and up end of day. Results in two weeks and div in 4.

  6. #11996
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    With the price down from the 3.60 level some weeks back, is part of this because there's not likely to be a special dividend paid?

  7. #11997
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    Craigs have downgraded it to a sell today

  8. #11998
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    Quote Originally Posted by RupertBear View Post
    Craigs have downgraded it to a sell today
    A little presumptuous seeing as they don't know what the earnings are, I would have thought.
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine

  9. #11999
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    Quote Originally Posted by Fatboyj View Post
    With the price down from the 3.60 level some weeks back, is part of this because there's not likely to be a special dividend paid?
    25c special was paid Sept 2016. Gee time flies.

  10. #12000
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    Quote Originally Posted by RupertBear View Post
    Craigs have downgraded it to a sell today
    Morningstar downgraded it 8 weeks ago, normally I do the opposite. Craigs have not picked it in their Stocktastic game and as Beagle above has said, presumptuous. I will do the opposite. Ps where is Eval these days? Still in NY?
    Last edited by see weed; 09-08-2017 at 04:44 PM.

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