sharetrader

Thread: AIR - Air NZ.

  1. #14881
    Member
    Join Date
    Jul 2017
    Posts
    313

    Default

    I'm happy to hold this for the long term despite a lack of share appreciation for the yield. I'm quite surprised this one didn't get a bit of appreciation on the back of the latest irrational increases in some of the companies on the market.

    It could go sub $2.50 after ex dividend and if it gets close to $2 I'll load up on it just for the cash flow. With an new fleet, they'll do better if fuel prices increases as competitors get crowded out too and obviously we know they'll do well if it goes lower.

  2. #14882
    Member
    Join Date
    Oct 2011
    Posts
    307

    Default

    Quote Originally Posted by value_investor View Post
    I'm happy to hold this for the long term despite a lack of share appreciation for the yield. I'm quite surprised this one didn't get a bit of appreciation on the back of the latest irrational increases in some of the companies on the market.

    It could go sub $2.50 after ex dividend and if it gets close to $2 I'll load up on it just for the cash flow. With an new fleet, they'll do better if fuel prices increases as competitors get crowded out too and obviously we know they'll do well if it goes lower.
    Was ex dividend on 5 September.

  3. #14883
    ShareTrader Legend Beagle's Avatar
    Join Date
    Jul 2010
    Location
    Auckland
    Posts
    21,362

    Default

    11.83% gross yield at $2.70 assuming 23 cps fully imputed divvies for FY20.
    Interest rates at 100 year lows.
    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. #14884
    Senior Member
    Join Date
    Apr 2002
    Location
    New Zealand.
    Posts
    1,260

    Default

    Quote Originally Posted by Beagle View Post
    11.83% gross yield at $2.70 assuming 23 cps fully imputed divvies for FY20.
    Interest rates at 100 year lows.
    Woof, woof. Atamarie.

    Can you please show workings for this calculation Beagle.

    Kia ora.
    Have a Gr8day.

  5. #14885
    ShareTrader Legend Beagle's Avatar
    Join Date
    Jul 2010
    Location
    Auckland
    Posts
    21,362

    Default

    Quote Originally Posted by GR8DAY View Post
    Woof, woof. Atamarie.

    Can you please show workings for this calculation Beagle.

    Kia ora.
    Kia ora GR8DAY Kei te pēhea koe?
    23 cents grossed up for imputation credits = 23 / 0.72 = gross of 31.9444 cps. 31.94444 / 270 = 11.83%.
    Mōrena
    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

  6. #14886
    Senior Member
    Join Date
    Apr 2002
    Location
    New Zealand.
    Posts
    1,260

    Default

    Quote Originally Posted by Beagle View Post
    Kia ora GR8DAY Kei te pēhea koe?
    23 cents grossed up for imputation credits = 23 / 0.72 = gross of 31.9444 cps. 31.94444 / 270 = 11.83%.
    Mōrena

    ......im kia mihi rawa atu, whakawhirinaki koe he pai?

    Whakawhetai mo to awhina..........BEAGLE bro!
    Have a Gr8day.

  7. #14887
    Advanced Member
    Join Date
    Oct 2012
    Posts
    2,169

    Default

    Quote Originally Posted by value_investor View Post
    I'm happy to hold this for the long term despite a lack of share appreciation for the yield. I'm quite surprised this one didn't get a bit of appreciation on the back of the latest irrational increases in some of the companies on the market.

    It could go sub $2.50 after ex dividend and if it gets close to $2 I'll load up on it just for the cash flow. With an new fleet, they'll do better if fuel prices increases as competitors get crowded out too and obviously we know they'll do well if it goes lower.
    I am sure with the high yield lots more will be loading up at 2.50 and above. It might struggle to get to $2, but you never know in a little market, anything could happen.

  8. #14888
    Speedy Az winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    37,891

    Default

    Busy time for a few AIR directors ....the AGM and they meet up again at the Vector one.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  9. #14889
    Member
    Join Date
    Jul 2017
    Posts
    313

    Default

    Yikes this could bring the prices down

    https://www.cnbc.com/2019/09/14/saud...-wsj-says.html

  10. #14890
    ShareTrader Legend Beagle's Avatar
    Join Date
    Jul 2010
    Location
    Auckland
    Posts
    21,362

    Default

    Stay calm, AIR have substantial amounts of forward cover on their fuel and exchange rate costs for the next 12 months.
    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

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •