A fair proportion of AIRs Exec huge bonus payment is tied to the AIR shareholder returns relative to a global airline index.
So as long as the AIR shareholders don’t lose as much as shareholders of other airlines they might still get a bonus.
Like pigs in a trough eh. Just keep eating and polish up the begging bowl and ask the Govt for support. Shane Jones has plenty left in his regional development fund. Maybe he should give some to AIR so they can keep supporting the regions
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
Forsyth Barr - Air New Zealand gets an outperform rating. Its structural and balance sheet strengths leave it well placed to weather the storm.
''Our analysis shows that the capacity of Air (NZ's) cuts are deeper than its competitors and historically its responses to black swan events have been rapid and rational."
Had a chuckle when I read this yesterday. Disc: I used to be a client of Forsyth Barr but stopped listening to their advice over a decade ago.
Last edited by Beagle; 09-03-2020 at 10:01 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
share price only down 1 cent? Mr Market is being unbelievably kind to AIR (for the first 3 minutes at least!)
Would have thought we'd already be looking at sub $1.80
share price only down 1 cent? Mr Market is being unbelievably kind to AIR (for the first 3 minutes at least!)
Would have thought we'd already be looking at sub $1.80
Maybe its a case of the big holders hanging in there while the 23,000 small holders are either oblivious to the going ons or telling them I bought for the divie so I will hold
At the top of every bubble, everyone is convinced it's not yet a bubble.
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
share price only down 1 cent? Mr Market is being unbelievably kind to AIR (for the first 3 minutes at least!)
Would have thought we'd already be looking at sub $1.80
wait till after dividend is paid then declines will become bigger
Give it time. Analysts will drastically adjust their forecasts in the next day or two and the poor unfortunates that can't think for themselves and have to wait to be told will suffer accordingly.
Heck even Forsyth Barr who just upgraded air to Outperform might have to do a very embarrassing about face and downgrade them again.
AIR will lose money after accounting for extraordinary items and costs in 2020...you read it from me first.
Massive reductions in flights are coming. No point in flying with 40% load factors, might as well halve services.
Last edited by Beagle; 09-03-2020 at 10:20 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
Originally Posted by Beagle
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