AIR - Air NZ.

[Fatboyj]

I'm tempted to get air for the juicy dividends and a special is icing. Price falling to 3.30 might be worth a punt.

I know there's no way of knowing if another special will be paid, but what's the likelihood this year for a special, what no. out of 10?

[Beagle]

I'm tempted to get air for the juicy dividends and a special is icing. Price falling to 3.30 might be worth a punt.

I know there's no way of knowing if another special will be paid, but what's the likelihood this year for a special, what no. out of 10?

0, none, nil, nothing and zilch. Their gearing is near the top of the self determined range so lets be clear, there is no point buying now if your sole reason is to get a special dividend this year. On the other hand if you are prepared to wait until 2020-2023 year this is a very very rich time when capex for the company is negligible and its tremendous free cash flow could throw up some extremely juicy specials, (yes plural). In the meantime expect normal annual dividends fully imputed of approx ~ 20 cents per annum split pretty evenly between the half and full year.

[johnluangco]

http://www.nzherald.co.nz/business/n...ectid=11901828

Air NZ offering $749 return airfare on their premium LA route to counter American Airlines.

[flyer]

Yes, I saw that today, may just take that up and go watch the LA Dodgers win the World Series

[Fatboyj]

STA have a fair to LA flying via Royal Brunei for $699.

[Snow Leopard]

STA have a fair to LA flying via Royal Brunei for $699.

Royal Brunei fly neither to Auckland nor Los Angeles


Best Wishes
Paper Tiger

[Snow Leopard]

A little presumptuous seeing as they don't know what the earnings are, I would have thought.

0, none, nil, nothing and zilch. Their gearing is near the top of the self determined range so lets be clear, there is no point buying now if your sole reason is to get a special dividend this year. On the other hand if you are prepared to wait until 2020-2023 year this is a very very rich time when capex for the company is negligible and its tremendous free cash flow could throw up some extremely juicy specials, (yes plural). In the meantime expect normal annual dividends fully imputed of approx ~ 20 cents per annum split pretty evenly between the half and full year.

A little presumptuous seeing as you don't know what the earnings will be, I would have thought.

Best Wishes
Paper Tiger

[Fatboyj]

Royal Brunei fly neither to Auckland nor Los Angeles


Best Wishes
Paper Tiger

My bad, it was a one way flight to London on the STA mailer. I better buy a globe.

[dobby41]

My bad, it was a one way flight to London on the STA mailer. I better buy a globe.

And a dictionary - it is fare rather than fair. Quite different meanings, it would have to be a very good fair for $699.

[Fatboyj]

And a dictionary - it is fare rather than fair. Quite different meanings, it would have to be a very good fair for $699.

Ah you're to quick off the block. Good to know the grammer police are on the case.