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Thread: AIR - Air NZ.

  1. #15411
    ShareTrader Legend Beagle's Avatar
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    Quote Originally Posted by winner69 View Post
    Share price showing remarkable resilience

    Probably punters saying phew not too bad after all ....and it’s all going to be over soon so no worries
    Calm before the storm. What does Balance always say about downgrades ? They usually come in 3's...and then there's the implications for FY21 to think about....Hmmm

    In terms of travel in N.Z., anyone looking for an excuse for a decent road trip has a very good one !
    Last edited by Beagle; 24-02-2020 at 10:42 AM.
    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

  2. #15412
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    Quote Originally Posted by bull.... View Post
    "...So if you look at air and what flight centre are saying. air nz impact to date is really all about china travel mostly in there downgrade. so the strategy is to buy air for the rebound in china travel ? if you think its a short term issue
    BULL this is one ugly chart..
    Why would anyone buy a bear and risk being mauled..
    Wait for TA buy signals!!!

    AIR suffered huge Technical damage at the end of January, so much so it killed the Bull..TA had given investors an early warning to exit

    Most Bear cycles have more than one capitulation event..

    Attachment 11057
    Last edited by Hoop; 24-02-2020 at 10:58 AM.

  3. #15413
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    Quote Originally Posted by Snow Leopard View Post
    Link says you can get "Return flights from Auckland to Barcelona with Etihad Airways for $1199":

    if you come for the sixth of March you can buy me a drink .

    Meanwhile FY20 EPS is $0.20. Cut the dividend or postpone some new aircraft ?
    Right that it is, a flight to Spain at the start of the NZ winter sounds very appealing, do those cheap ones give any kind of refund if you sick and can't go?
    Love Tarragona it is one of my favourite places. Some of the best Roman ruins anywhere, better than most of those in Italy

    Edit

    Best I can find for May is 1500 and that is from Auckland, and have to stop in AUS it takes a whopping 34 hours, that is me out
    Last edited by ratkin; 24-02-2020 at 11:08 AM.

  4. #15414
    ShareTrader Legend bull....'s Avatar
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    Quote Originally Posted by Hoop View Post
    BULL this is one ugly chart..
    Why would anyone buy a bear and risk being mauled..
    Wait for TA buy signals!!!

    AIR suffered huge Technical damage at the end of January, so much so it killed the Bull..TA had given investors an early warning to exit

    Most Bear cycles have more than one capitulation event..

    Attachment 11057
    wise words hoop
    one step ahead of the herd

  5. #15415
    ShareTrader Legend bull....'s Avatar
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    does air fly to sth korea ? a lot of countries have just issued travel alerts to not fly there today.
    one step ahead of the herd

  6. #15416
    ShareTrader Legend Beagle's Avatar
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    Quote Originally Posted by Hoop View Post
    BULL this is one ugly chart..
    Why would anyone buy a bear and risk being mauled..
    Wait for TA buy signals!!!

    AIR suffered huge Technical damage at the end of January, so much so it killed the Bull..TA had given investors an early warning to exit

    Most Bear cycles have more than one capitulation event..

    Attachment 11057
    Smart money exiting - I like that part. 4 week range has a top at $2.98. Very happy with where I exited this
    Agree 100% with your prognosis. No point in trying to pick the bottom in due course. Wait for the TA buy signals. People still aboard this bird better have strong stomach's and their seat belts very firmly fastened, they are in for a very wild ride !!
    Last edited by Beagle; 24-02-2020 at 11:09 AM.
    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

  7. #15417
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    Quote Originally Posted by bull.... View Post
    does air fly to sth korea ? a lot of countries have just issued travel alerts to not fly there today.
    Mav flew back from Seoul Air NZ last week so I guess it does.


    with my short I have moved Stop Loss to Break Even @2.83
    Last edited by peat; 24-02-2020 at 11:11 AM.
    For clarity, nothing I say is advice....

  8. #15418
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    Quote Originally Posted by bull.... View Post
    does air fly to sth korea ? a lot of countries have just issued travel alerts to not fly there today.
    Yes, that's their new route they recently started. Timing could not have been worse.
    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

  9. #15419
    ShareTrader Legend bull....'s Avatar
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    Quote Originally Posted by peat View Post

    with my short I have moved Stop Loss to Break Even @2.83
    your be flying high with this soon , look at all the countries closing border travel with infected countries
    one step ahead of the herd

  10. #15420
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    I am picking it at $1.80 in June....

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