AIR - Air NZ.

[biker]

Air up almost 8%. Ouch to the shorters

[Beagle]

Air up almost 8%. Ouch to the shorters

Not at all...I am so far in the money I can very easily absorb this irrational temporary bounce.

[causecelebre]

I was on the Sharesies FB page and there is unbridled buy-the-dip enthusiasm for AIR - heart leading the brain I fear - one fellow even asked for a couple weeks holiday pay in advance to invest. Heaven forbid they use any sort of leverage; re-mortgage for shares anyone? Good luck them all. Most of these guys have only been on the game for a couple months and have never experienced any sort of real correction

[peat]

Not at all...I am so far in the money I can very easily absorb this irrational temporary bounce.

yeh reinstigating short position !

[biker]

Oh dear. Up 10%

[Beagle]

No stopping a beagle when on the scent. Long may you keep up the good work.

Thanks mate, I always enjoy your well thought out posts too !

Good on you Beagle. Keep barking at full volume with reasoned logic. I like it. Sure is better information than the emotion driven media. If so called investors cannot understand ‘Act, don’t just react’ then ..? .Disclos. 80% cash since 20 Feb and looking fwd to some ‘investment’ opportunities that TA should reveal in time be it 1 mth, 3 mths or 6 mths.

Thanks, Same for you mate, I just wish you had more time to post. (I know you're a very hard working and very busy man).

yeh reinstigating short position !

Welcome back to the dark side

[bottomfeeder]

Very brave to buy back into air new Zealand when the fallout looks to continue for some time, and the effect on the company could be far reaching. This is one company where the panic selling was justified.

[biker]

Very brave to buy back into air new Zealand when the fallout looks to continue for some time, and the effect on the company could be far reaching. This is one company where the panic selling was justified.

Only in your opinion of course

[bottomfeeder]

Of course, my opinion. But something for everyone to consider. Nothing has changed to the company for the better. The company itself has forward planned its reduced flights up to September. Europe has so many borders, the virus will be difficult to contain. So it would appear travel restrictions for travellers coming from overseas hasn't even begun to be extended. This is one company that unfortunately is going nowhere fast. I know its hard to accept when you are invested, I've been there with other companies in the past. But just where is the good news.

[blackcap]

Of course, my opinion. But something for everyone to consider. Nothing has changed to the company for the better. The company itself has forward planned its reduced flights up to September. Europe has do many borders, the virus will be difficult to contain. So it would appear travel restrictions for travellers coming from overseas hasn't even begun to be extended. This is one company that unfortunately is going nowhere fast. I know its hard to accept when you are invested, I've been there with other companies in the past. But just where is the good news.

I could offer a totally different picture if you like. Whether I believe it or not does not matter. The virus will be about a half year blip. So AIR profit will be devastated for this half year period. However some competition is going to fail, meaning larger market share for AIR post this half year period. Air will also profit from the oil price plunge when they forward risk their 2021/22 fuel futures. Since the discount rate is currently so low, the DCF valuation of Air will not be adversely impacted by negative half year earnings, let alone negative FY earnings, if you believe AIR has a future post 2021.