AIR - Air NZ.

**clarky** · 31-05-2018, 01:58 PM

AIR seems to be taking a hiding today so far... seems someone knows something.

**couta1** · 31-05-2018, 01:58 PM

Oh dear

**Beagle** · 31-05-2018, 02:14 PM

Originally Posted by couta1

Oh dear

Market starting to wake up to what I've been saying for a while now. Outlook for FY19 not all that bright with some clearly defined headwinds.
Reckon you might be right about that $2.50 you had as their target price quite some time ago. Right on the money, just got the timing a bit wrong eh mate

**dreamcatcher** · 31-05-2018, 03:24 PM

GS latest ....................We are Neutral-rated on AIR.NZ with a TP of NZ$3.22

**Benny1** · 31-05-2018, 03:41 PM

NZ6232 currently returning to AKL airport at the moment... NZE proving flight before re-entering service

**Beagle** · 31-05-2018, 04:03 PM

Originally Posted by Benny1

NZ6232 currently returning to AKL airport at the moment... NZE proving flight before re-entering service

Someone must have been hard at work fixing that bird up

**winner69** · 31-05-2018, 05:01 PM

Originally Posted by Beagle

Someone must have been hard at work fixing that bird up

Yep it did a round trip down Gisborne way and arrived back safely

**couta1** · 31-05-2018, 05:08 PM

Originally Posted by couta1

Oh dear

I have to laugh at myself here, this is the only stock I saw any value in so ended up buying at $3.13, as for the others like SPK, yeah nah, MSCI index was a fizzer.

**Raz** · 31-05-2018, 05:51 PM

Originally Posted by couta1

I have to laugh at myself here, this is the only stock I saw any value in so ended up buying at $3.13, as for the others like SPK, yeah nah, MSCI index was a fizzer.

Can see AIR dropping below that...