AIR - Air NZ.

**Beagle** · 19-08-2015, 11:55 AM

Think Supercharger or Turbocharger mate...whichever boost mechanism is your choice, we're talking HIGH BOOST !!
AIR being priced like Oil goes back to $100 next year...but I reckon it won't.

**Beagle** · 20-08-2015, 08:51 AM

Looking likely to test $40 a barrel shortly. Under $41 for Nymex now, lowest in 6 1/2 years. Last oil hedge document they disclosed, AIR had very little forward cover on oil so AIR's jet engines will be lapping up the cheap stuff and the profits will go straight to the bottom line

**ace5715** · 20-08-2015, 09:23 AM

Off to China for work again tomorrow night, glad to be helping Air New Zealand make a profit.

**sb9** · 20-08-2015, 10:16 AM

Originally Posted by Roger

Looking likely to test $40 a barrel shortly. Under $41 for Nymex now, lowest in 6 1/2 years. Last oil hedge document they disclosed, AIR had very little forward cover on oil so AIR's jet engines will be lapping up the cheap stuff and the profits will go straight to the bottom line

I think it'll be all guns blazing next week from Monday I reckon.

**Joshuatree** · 20-08-2015, 10:52 AM

QAN strongest profit since before the GFC
$505 m cap return
turnaround of $1.6 billion.
Hope you suckers who bought AIR in the $2.90's get more than your money back soon.

**sb9** · 20-08-2015, 11:07 AM

Here is the link,

http://www.smh.com.au/business/aviat...19-gj2evv.html

23c capital return in early Nov.

Well, if this is what QAN can do, can only imagine how solid AIR performance would be come Wednesday!!!

**Beagle** · 20-08-2015, 11:36 AM

Originally Posted by Joshuatree

QAN strongest profit since before the GFC
$505 m cap return
turnaround of $1.6 billion.
Hope you suckers who bought AIR in the $2.90's get more than your money back soon.

Unnecessary term IMO. Consensus EPS forecast on 4 traders is 41 cps for FY16, stock is on a FY16 PE of only 6.5 !! Qantas hasn't paid a dividend for 6 whole years whereas if your check you'll see AIR has paid consistent dividends throughout that time including a 10 cent special dividend in tandem with last year's final dividend.

**Joshuatree** · 20-08-2015, 12:30 PM

Suckers rally in May to re $2.99 before the drop to re $2.39. The threads were going off, ecstatic, irrational exuberance; people were buying near the top.Hope we get over that hill ($2.99) on results.