AIR - Air NZ.

[couta1]

Not sure - price is set by trading, not by owning. Government might have impact on the stock price every time one of their populist ministers is making inappropriate noises, but otherwise: their ownership is quite irrelevant to the price finding. Same with instos - they only impact on the price if & when they are actively trading (but yes, they might).

Pretty simple really, you can't trade stock if you don't own it or borrow to short it and retail fish own very little of it, so also very simple to work out who sets the price, yep that's right the insto's.

[BlackPeter]

Pretty simple really, you can't trade stock if you don't own it or borrow to short it and retail fish own very little of it, so also very simple to work out who sets the price, yep that's right the insto's.

You make that sound like some evil cartel of insto's sitting together each day and determining the price which they than force on the innocent and helpless market.

Anybody who is trading is helping to shape the market price. In AIR's case it is certainly not the government as owner (they don't trade), but sure there are some local and international insto's (with quite diverging interests - some holding, some shorting, some hedging, some long term investors) and than there are retail investors.

None of these groups "sets" the price - the price is set by a willing seller (no matter of which holder group) finding a willing buyer (again irrelevant from which holder group).

[couta1]

You make that sound like some evil cartel of insto's sitting together each day and determining the price which they than force on the innocent and helpless market.

Anybody who is trading is helping to shape the market price. In AIR's case it is certainly not the government as owner (they don't trade), but sure there are some local and international insto's (with quite diverging interests - some holding, some shorting, some hedging, some long term investors) and than there are retail investors.

None of these groups "sets" the price - the price is set by a willing seller (no matter of which holder group) finding a willing buyer (again irrelevant from which holder group).

Let's agree to disagree.PS-Nothing evil about insto's trading each day, it's what they do.Lol.

[percy]

Craigs' target price $2.85.
NB.Do not think they have ever been right with this stock.!..lol.

[winner69]

Craigs' target price $2.85.
NB.Do not think they have ever been right with this stock.!..lol.

Still on their conviction list?

[percy]

Still on their conviction list?

Yes...
SELL conviction ...lol.

[couta1]

Craigs' target price $2.85.
NB.Do not think they have ever been right with this stock.!..lol.

The trusty coin toss a lot more reliable than the accuracy of Craig's target prices.

[percy]

The trusty coin toss a lot more reliable than the accuracy of Craig's target prices.

They can't fool you...!
Ha ha ha.....well yes......lol.

[Beagle]

Jacinda thinks Christopher is her "go to" man to sort out this problem with low business confidence. http://www.sharechat.co.nz/article/d...-this-termhtml
https://www.msn.com/en-nz/news/natio...cid=spartandhp

Chris full of confidence despite lower forecast profits this year so she's probably made the right call on this occasion.

Hey Winner...Chris will love this sort of thing...probably keep him going at AIR for at least another few years.
He'll really relish the opportunity to get on his soap box in front of other business leaders and tell them about relentless positivity, investing in green initiatives, lowering the carbon footprint, caring for the environment..."Let's do this" He'll really think he's making a difference and that'll be just the ticket to keep him motivated.

Seriously though...Jacinda getting alongside and working with Chris Luxon is probably the single smartest thing she has done since being elected in my opinion.
Hopefully he can talk some sense into her.

[Patient Panda]

A smart move and like you say I’m sure hes going to enjoy the extra spotlight. Will be really interesting tomsee who else they get on that council.