AIR - Air NZ.

[Beagle]

https://www.marketscreener.com/quote...407/consensus/

I've never seen analysts that bearish on a stock. 3 Sells !! and I think those analysts have it right and the other two are miles off the mark especially the one with fair value at $2 What type of happy pills have they swallowed ?
Average assessment of value is $1.30 and lowest is 71 cents.

[nztx]

Does this mean that any sort of opportunity around the large Cap Raise etc is out the pilot's small side window ?

I may have to consider redirecting a buy of a solitary entertainment value lonely single share elsewhere instead ..

[Beagle]

They have to raise capital. Guess who's last man standing and the only one left underwriting the capital raise

[nztx]

Post Cap Raise SP Broker assessments could be interesting ..

wonder if some of the brokers & other experts will still be seeing fresh air below the job ?

[winner69]

The first $300m of any capital raise goes to pay that deferred PAYE

Suppose they need $1.4billion all up

And then hope that lasts for a few years.

[Waltzing]

with the china vaccine looking like its a dud and third world countries all but knocked out and India in a dire state this thing is looking like it going to last another year at least as everyone will say "Of course we all know this"

of course you know because you are all whatching the 3rd re run of Grysons's Art Club on art's channel, arnt you? Im assuming there will be a 4th re run later this year.

anyway how far does this cap raise last? what the PL burn rate per month?

[Waltzing]

https://www.interest.co.nz/business/...line-2022-year

[Stranger_Danger]

I can't believe this is holding at $1.59. I'm not short because, well, who would short anything in this crazy world. But you'd have to be on crack to think Air NZ makes sense as an investment at $1.59. I can model highly optimistic scenarios that have almost no chance of happening and I still can't get to $1.59 if I'm, you know, considering it as an actual business thinking about things like cashflows and EPS (I know, who does that??).

Strange times.

[Beagle]

I can't believe this is holding at $1.59. I'm not short because, well, who would short anything in this crazy world. But you'd have to be on crack to think Air NZ makes sense as an investment at $1.59. I can model highly optimistic scenarios that have almost no chance of happening and I still can't get to $1.59 if I'm, you know, considering it as an actual business thinking about things like cashflows and EPS (I know, who does that??).

Strange times.

Well said, I couldn't agree more.

[Waltzing]

well one feels angst to say that the much loved national carrier should be a short.