-
12-09-2008, 03:43 PM
#281
Log/Linear price scales
Originally Posted by MoSteph
I see you've changed from linear to log price. How come?
We have the choice of using a Linear trendline currently sitting at $1.15 or a Log trendline currently sitting at $1.19 - an insignificant difference in my opinion. There is, however, another consideration. I'm sure I don't need to tell you that the more times a trendline has been tested, the more confidence it inspires and the more significant its penetration.
Which trendline would you recommend we use here - the Linear or the Log?
-
12-09-2008, 04:52 PM
#282
Originally Posted by scamper
mosteph, think you are having a confusion...
Sir P. has always recommended log scales -- trendlines are not useful otherwise.
Scamper, I think MoSteph is referring to the previous chart with linear scale that Phaedrus used when they were discussing the break in July (as per green line no. 3) a couple of pages back.
-
17-09-2008, 04:48 PM
#283
Bought some AIR shares @ 1.08 today. Final trigger for me was the large increase in US airline stocks overnight (10-20%).
I am a FA investor due to lack of knowledge about TA more than anything. Phaedrus, thanks to you and the charts above I am slowly beginning to learn what TA wise to look for, which is a start.
The thing that impresses me most about Air NZ is the constant route optimisation they do to maximise profits. This was a lesson the airline learned well from the Ansett debacle where rumour has it they literally had no idea which routes were making and losing money.
Both the systems they now have in place and some nimble management seem to allow the airline to change gears very quickly to changing circumstances. Witness the constant chopping and changing on the Tasman route and the recent use of smaller 777s in place of 747s on the London route.
-
17-09-2008, 07:48 PM
#284
If you must invest in an airline, IMO, AIZ is the best out of AIZ, QAN,and VBA. At a pinch they could pay off their long term debt with 4 years of earnings, mind you liabilities are catching up to their assets and return on invested capital? About 8.3% FY08. If Cap/Ex are increased to the average, the return on investment falls to 6.18%.and 5 years of earnings will be needed to knock off the long term debt.What are bank deposit rates in NZ?
I note the Cap/Ex were a lot less than the Depreciation. GM in the US had a similar situation where depreciation exceeded Cap/Ex.for a number of years. hmmmm
cheers
Last edited by h2so4; 17-09-2008 at 09:09 PM.
h2
-
26-09-2008, 02:14 PM
#285
How low will AIRNZ go? Sp just hit $1.00!!!
Anyone out there brave enough to dip their toes? SKol where are you?
Having got ourselves into a debt-induced economic crisis, the only permanent way out is to reduce the debt – either directly by abolishing large slabs of it, or indirectly by inflating it away.
-
26-09-2008, 03:58 PM
#286
They are gettin' cheap but airlines are notoriously volatile stock I bought about 3 years ago at $1.45 and then topped up at $1.10 got out at $1.70 something, not been game to get back in since but they are looking tempting.
I don't bloody believe it
-
30-09-2008, 01:41 PM
#287
Having got ourselves into a debt-induced economic crisis, the only permanent way out is to reduce the debt – either directly by abolishing large slabs of it, or indirectly by inflating it away.
-
30-09-2008, 07:47 PM
#288
Originally Posted by Dr_Who
96 cents... game over!
95 cents actually and holding $1 a share in cash, POO heading down, innovative
pro-active management. At last........game on!
Last edited by biker; 30-09-2008 at 07:54 PM.
-
30-09-2008, 07:56 PM
#289
Originally Posted by biker
95 cents actually and holding $1 a share in cash, POO heading down, innovative
pro-active management. At last........game on!
But what makes up most of that $1 share in cash .... prepaid fares ..... promises to fly people somewhere .... so it is not really company/shareholders cash is it
Remember a few years ago that AIR CEO from Aussie raving about the $1 billion in cash ..... broke a few months later I recall
Last edited by winner69; 30-09-2008 at 07:57 PM.
-
30-09-2008, 09:03 PM
#290
I dont think zombies can afford to fly away on holiday these days. Airlines and luxury goods will go first. Will AIR survive?
Having got ourselves into a debt-induced economic crisis, the only permanent way out is to reduce the debt – either directly by abolishing large slabs of it, or indirectly by inflating it away.
Tags for this Thread
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|
|
Bookmarks