AIR - Air NZ.

[winner69]

PT - pretty volatile returns on a year by year basis eh

But a few more years of +50% and all be honky dory and all shareholders will be happy as

No bad years coming up by the looks of it

[winner69]

Oil down again overnight

AIR to get to 280 today methinks

Punters slowly waking up ....just need to see more instos topping up so they can outperform (but hen they generally not real active investors anyway)

[Beagle]

PT - pretty volatile returns on a year by year basis eh

But a few more years of +50% and all be honky dory and all shareholders will be happy as
No bad years coming up by the looks of it

I predict a party atmosphere at next years annual meeting. Last time they predicted profit would double in 2012 it nearly tripled, (up 174% 2012 to 2013 on the back of a 100% prediction).
$496m plus 174% = $1,359m before tax...based on their conservative record of predicting profit and the fact that the other day they said they were on track to EXCEED $400m in the first half perhaps my $1,000m forecast for the full year has some upside prospects ?

[winner69]

I predict a party atmosphere at next years annual meeting. Last time they predicted profit would double in 2012 it nearly tripled, (up 174% 2012 to 2013 on the back of a 100% prediction).
$496m plus 174% = $1,359m before tax...based on their conservative record of predicting profit and the fact that the other day they said they were on track to EXCEED $400m in the first half perhaps my $1,000m forecast for the full year has some upside prospects ?

Upside prospects - definitely

Maybe you better revisit your numbers .... after all you are a conservative accountant

Maybe $4 target is a bit pessimistic - but hey winner show patience

[winner69]

Hey roger - you forgot to add that after that big increase th following year was +50% and then the following again was huge.

Looks like we alright through to 2018

[Beagle]

Craigs analyst Chris Byrne said in a research note that given the airline has consistently achieved well above guidance over the past three years when it has given guidance this early, he assumes the airline is anticipating earnings of at least 10 percent above the minimum or at least $440 million for the first half, which would be up 90 percent year on year.

Byrne also expects Virgin Australia to contribute positively to the national carrier’s earnings this year so its profit could be even higher. His revised full-year forecast for earnings before tax is $839 million, up from $738 million.

Happy with $1 Billion at this stage mate (inclusive of positive Virgin contribution). Notice that this analyst says AIR has consistently achieved well above guidance.

[sb9]

AIR to get to 280 today methinks

First it needs to get past 275 mark, seems a bit of resistance to break thro' that number atm.

[couta1]

First it needs to get past 275 mark, seems a bit of resistance to break thro' that number atm.

Happening as we speak, buyers lining up for an arvo spend

[sb9]

Yeah, looking positive now 276.5

[Beagle]

Happening as we speak, buyers lining up for an arvo spend

Well mate I have scoured the market and can't find anything that's better buying than AIR in terms of its incredible value and great prospects so I've lined up and bought more today.