AIR - Air NZ.

[Raz]

Just bought 16,000 at 2.67. I'm a sucker for a huge diividend and this one seems ridiculously huge. Still, as I found out with TTK, not all that glitters is gold.

What are the chances of a special dividend this year. I see one was paid in 2014.

staggered buying, not convinced SP has bottomed out, this time appears different. On this swing has paid for my holiday and more

[boysy]

How much technical damage has been done from the recent drop in SP ?

[skid]

The CEO's name is Luxon.

Whoops.. Luxon--(Whatever his name,he certainly timed his share selling right)

[couta1]

How much technical damage has been done from the recent drop in SP ?

Pretty much the whole market is getting hammered, I don't see the drop as Air specific, just a correction in general to a prior rampant market.

[Beagle]

What are the chances of a special dividend this year. I see one was paid in 2014.

Very good.

[JohnnyTheHorse]

Pretty much the whole market is getting hammered, I don't see the drop as Air specific, just a correction in general to a prior rampant market.

AIR down ~13-14% whilst NZX down ~2%. The two are not/have not been strongly correlated.

The breaking of major trendlines and technicals scream extreme caution required. It suggests a test of the primary trend line in the 240-250 region may play out. Breaks of major technicals require confirmed reversals before re-entry, and tight stops.

Keep your fingers attached folks.

[couta1]

AIR down ~13-14% whilst NZX down ~2%. The two are not/have not been strongly correlated.

The breaking of major trendlines and technicals scream extreme caution required. It suggests a test of the primary trend line in the 240-250 region may play out. Breaks of major technicals require confirmed reversals before re-entry, and tight stops.

Keep your fingers attached folks.

Fair enough although other stocks like AIA have also taken a good thumping of late. For those already holding I reckon they should just sit tight, the price will be back to around $3 before the next divvy, don't lose your hide unecessarily.

[winner69]

Let us not forget when AIR last was a hugely successful airline the share price trebled and reached $16.61 (ft.com says adjusted for all splits etc so I believe them)

It is once again a hugely successful airline

[Valuegrowth]

Today, it dropped by more than 2.40% on a volume of more than average volume. What is the main reason for this?

https://nz.finance.yahoo.com/q?s=AIR.NZ

[Baa_Baa]

Today, it dropped by more than 2.40% on a volume of more than average volume. What is the main reason for this?

https://nz.finance.yahoo.com/q?s=AIR.NZ

Smart money is exiting (has exited)? Some nice capital profits been had by the nimble, whereas the die hard divi takers holding and some even buying the declining SP despite common logic not to buy a downtrend. Who knows where it could end? Has nothing to do with fundamentals, that's becoming obvious. Follow the money.