AIR - Air NZ.

[nztx]

You would think by the number of shares traded and the support that this company is firing on all cylinders...water cooled of course..

many may be trading up to seat by the window to count all the birds sitting on the tarmac
as the altitude reduces .. any sign of a bit of Robertson bicycle pump action yet ?

Any Stats on the number of crews grounded for 14 days so far ?

[Beagle]

Chris Lee had some interesting things to say about AIR today. I think he hits the nail directly on the head !

https://www.chrislee.co.nz/taking-stock

[Waltzing]

what happens when a flock of bird gets shredded in the turbines? is that the view from the windows.

what is this share price flying on? WHS get trashed, ATM get trashed and anything else that is private enterprise. Maybe this bird will be flying high in a decade using some new green energy miracle engine.

Maybe its a Bargain!

oh well there it is folks its just not going to go down...No shorting this.

[Dassets]

The cap raise is the only trigger. Problem is they will probably have to bin the raise this quarter also. A prospectus just is not possible imo. So that means more bailout money from govt. How long will that go on for? How the heck are they going to get an auditor to sign off the accounts and which director is going to sign. The mind boggles. As I have been saying for some time NTA is basically wiped out by the FY loss. depending on how they treat the tax. A new problem is now the NZD/USD both for fuel and the plane purchases. Remember when they released the hedging positions on fuel.

[Beagle]

I think there's no alternative with Omricon but to kick the capital raise can down the road yet again. Auditor's will probably have no choice in due course but to "qualify" their report with the "fundamental uncertainty regarding going concern" tag. Directors will talk up a huge recovery story in due course with the future capital raise and try and borrow as much of Cindy's lipstick to put on this pig as they can but for my money Chris Lee with the article I linked above has called it how it really is, an absolute plane wreck. In the medium term I think people who still want to fly are going to face a new and much harsher reality around the true cost of doing so.

[mcdongle]

Chris Lee had some interesting things to say about AIR today. I think he hits the nail directly on the head !

https://www.chrislee.co.nz/taking-stock

he says he would not own shares in Air NZ yet if you click on current investments there they are??

[Beagle]

he says he would not own shares in Air NZ yet if you click on current investments there they are??

They make a market in the bonds of various companies including AIR.

[nztx]

The cap raise is the only trigger. Problem is they will probably have to bin the raise this quarter also. A prospectus just is not possible imo. So that means more bailout money from govt. How long will that go on for? How the heck are they going to get an auditor to sign off the accounts and which director is going to sign. The mind boggles. As I have been saying for some time NTA is basically wiped out by the FY loss. depending on how they treat the tax. A new problem is now the NZD/USD both for fuel and the plane purchases. Remember when they released the hedging positions on fuel.

Yes good points

Exchange rate is moving away from us

Fuel - double whammy - Fuel prices rising & exchange rate running away too

Robertson is possibly discovering that he has a whole nest of festering problems
heading into an even worse strain of Pandemic. Borrowed Covid fund is basically
all been thrown into the wind with nothing to show for it much, inflation is threatening to run
away, the offshore bankers are waking up to our Govt's fiscal botch & borrow up
and the masses are starting to become very restless on being left on their own
headed into a new larger wave of Omicron (Govt sponsored aided & abetted) with
very little support, poor planning in place ..

Would AIR potentially get much Airtime with Robertson finding his Fiscal nest
of pets are wide awake close to turning around and all biting him badly on the butt ?

[Waltzing]

The minister of Financial wizardry has clearly stated that economy is flying high.

This flying high company might well be nationalised at some point...Its a potential department of Kiwi birds...

The only other option is a bail out...Tax payer funded.

Should not this stock come with a Financial Health Warning?

A Red Zone Stock; a radiation sign on the certificates.

[nztx]

The minister of Financial wizardry has clearly stated that economy is flying high.

This flying high company might well be nationalised at some point...Its a potential department of Kiwi birds...

if that's the case, it looks like there's troubles afoot in some of the funds -- only $4 Bills left in the
Covid Fund - has someone been stealing readie$ out of it while the big fella been away on holiday
and that's after the inflation increment should have been added on top ?

thought you said the flock was likely to get shredded before ?