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07-06-2013, 04:08 AM
#821
Member
Originally Posted by biker
AIR has had a good run over the last 12 months. Any reason why I shouldn't sell at these levels and if so inclined, buy back in when the Gummint sells down? What I am contemplating is whether there is more upside prior to the sell down and what the price and effect of the selldown will be. Any thoughts?
Its tough to anticipate what the price or effect of the govt sell down will be so its not something I worry about.
What does have me concerned is the recent decline in the NZD, the strong NZD has been a key reason to own the stock, with that reversing I am no longer so keen and am going to start trimming.
As noodles also noted the April stats were a bit weak - my revenue growth assumption has been revised downwards too.
Specifically on the operating stats yield (year on year) fell from +3.8% in March to +0.5% in April and RPK growth fell from +2.8% to -0.8% so quite a bad result...
Last edited by modandm; 07-06-2013 at 04:16 AM.
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07-06-2013, 08:04 PM
#822
Originally Posted by modandm
Its tough to anticipate what the price or effect of the govt sell down will be so its not something I worry about.
What does have me concerned is the recent decline in the NZD, the strong NZD has been a key reason to own the stock, with that reversing I am no longer so keen and am going to start trimming.
As noodles also noted the April stats were a bit weak - my revenue growth assumption has been revised downwards too.
Specifically on the operating stats yield (year on year) fell from +3.8% in March to +0.5% in April and RPK growth fell from +2.8% to -0.8% so quite a bad result...
Another profit upgrade today...and another rather muted response from the market. Heck, it seems profits dont matter anymore. I might capitulate and buy snk xro sli etc
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07-06-2013, 09:15 PM
#823
noodles - You'd be better switching to cash. I relate to your feeling, this really is an "enchanted" market.
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Never try to teach a pig to sing. It wastes your time and annoys the pig.
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08-06-2013, 01:45 PM
#824
Thanks noodles and modandm. Sold some yesterday with the upgrade news and holding the rest for the annual result. Just trying to time the cycle. Have taken good profits on the way up so not too worried.
Thanks for your responses
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08-06-2013, 02:26 PM
#825
Originally Posted by modandm
Its tough to anticipate what the price or effect of the govt sell down will be so its not something I worry about.
What does have me concerned is the recent decline in the NZD, the strong NZD has been a key reason to own the stock, with that reversing I am no longer so keen and am going to start trimming.
As noodles also noted the April stats were a bit weak - my revenue growth assumption has been revised downwards too.
Specifically on the operating stats yield (year on year) fell from +3.8% in March to +0.5% in April and RPK growth fell from +2.8% to -0.8% so quite a bad result...
Modandm,
i'm struggling to work out how you got the +.5% yield. Is that derived from other figures?
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08-06-2013, 02:42 PM
#826
Originally Posted by Stranger_Danger
noodles - You'd be better switching to cash. I relate to your feeling, this really is an "enchanted" market.
Cash!? That would mean paying off the mortgage. If my wife saw the mortage go down, she might want to upgrade the house... Or worse, renovate. I've recently brought some hnz. I might have a punt on wynyard. Lots of action on the aussie markets atm. We are seeing lots of downgrades. Some good shorting oportunities.
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21-06-2013, 04:33 PM
#827
Member
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25-06-2013, 11:56 AM
#828
Op Stats out today.
Good to see that RPK's are back on track (up 3.7%) and ytd yield is stable after weak RPK's last month.
This is consistent with the company's forecast of being at the top end of guidance.
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10-07-2013, 10:53 AM
#829
Any one else think AIR is currently a good buy? Potential for a serious uplift in share price heading to full year results and dividend? Also did that accident with ASIANA impact AIR NZ for their flights etc? possible damage to income?
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10-07-2013, 11:12 AM
#830
Originally Posted by Food4Thought
Any one else think AIR is currently a good buy? Potential for a serious uplift in share price heading to full year results and dividend? Also did that accident with ASIANA impact AIR NZ for their flights etc? possible damage to income?
If anything ASIANA impact into the sea wall will be positive for airlines with a good safety record like AIR.
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