AIR - Air NZ.

[sb9]

https://nzx.com/companies/AIR/announcements/306935

There we've it, Sir John's initial discl...welcome aboard

[value_investor]

Even JK couldn't resist the juicy dividend. Maybe he should have waited for prices to get to a cruising altitude first

[arc]

Personally I tend to agree with Beagles estimates, AIR is definitely cyclic in nature but its a worthwhile hold. I tend to have a hard time trying to uncover the underlying heuristic trends for this one, but the hunt is rewarding in itself. The inter relational dynamics from multiple different sources , oil , competition, weather, tourism boom/bust, management tweaking, it all makes for a bumpy ride. I wouldn't be too hard on the management divesting some of their shares, its a "ride it as it happens" type of stock.

Almost the diametric opposite of HBL in terms of complexity, and yet in the market arena with THL. I expect a positive outlook for AIR

[Baa_Baa]

Can't help wondering with such a shrewd trading background, that John Key would ever buy near 'a top', in anything, surely not just to show a united front, unless it's just a gesture and he doesn't care too much about the capital value of those shares. Then again why would a shrewd trader like John Key not care about capital value? This must point to further upside in the SP and of course the outstanding dividends some K9's here keep alluding to. All good, it's clover from here on, JK says so, must be so.

[couta1]

Can't help wondering with such a shrewd trading background, that John Key would ever buy near 'a top', in anything, surely not just to show a united front, unless it's just a gesture and he doesn't care too much about the capital value of those shares. Then again why would a shrewd trader like John Key not care about capital value? This must point to further upside in the SP and of course the outstanding dividends some K9's here keep alluding to. All good, it's clover from here on, JK says so, must be so.

Just a token sized holding for a man of JK's means, I doubt he would give much consideration at all.

[Scrunch]

Just a token sized holding for a man of JK's means, I doubt he would give much consideration at all.

Exactly what I was thinking.

[winner69]

Just a token sized holding for a man of JK's means, I doubt he would give much consideration at all.

Shows real commitment though.

Wonder if his concentration levels are high enough for a full on AIR board meeting.

[couta1]

Shows real commitment though.

Wonder if his concentration levels are high enough for a full on AIR board meeting.

Not really mate, 20k shares is as I said above just a token gesture. Air once made up over 50% of my portfolio total, that was commitment.

[Jay]

Reportidly, just sold his mansion for $20M, still has to rebuild a new house, next to his old one, not sure I would want live next door, seeing what the nighbour is/is not doing to the house you use to own - everyday, more especially a larger property like his, a little different if you suddivie and "ordinary" property and build new on the front or back.

Probably a token jesture as others said.

[nzspeak]

"AIR is definitely cyclic"

isn't the sharemarket, in general, cyclic?

what stage is AIR now?

rugby teams are cyclic, life is cyclic, airlines stocks are historically cyclic, so what? are you going to short AIR? no you're not because 'cyclic' is just a meaningless label.