Solid result...better than I was expecting. I asked Mr Luxon after the 2014 annual meeting in when he thought Virgin would be profitable and he said he was hoping it would be profitable by FY17 so to see solid profits in Q2 FY16 is very encouraging for the future prospects of Virgin. I think they could do $A400m in FY17, AIR's share about N.Z.$110m.
Last edited by Beagle; 04-02-2016 at 04:12 PM.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Roger , ( hope I am not tempting fate ) think you should nominate a venue that AIR.NZ fly to .( Queenstown) Have a $ 4.00 party for all the believers . We could bring partners , they might like to do some shopping and we can get on it .
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Originally Posted by 777
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