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Thread: AIR - Air NZ.

  1. #17381
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    Yup...so far always right...

  2. #17382
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    There’s always a first time to be wrong.

    Quote Originally Posted by King1212 View Post
    Yup...so far always right...

  3. #17383
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    15 to 20 years? for an Air Line? Better to have bought AIA for an investment over that time frame surely. Profits for air lines also seem have a relationship to Jet Fuel prices and state support for competition. I would say SKC has a more certain future than AIR. The other platform (SHARES) seems to have a fee structure that best suite short term trading ?

  4. #17384
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    Finally...some straight talk and a change of tack on the usability of credits https://www.rnz.co.nz/national/progr...tomer-s-family I can now stop calling them a pack of tone deaf idiots as they have finally woken up and smelt the coffee as I suggested. Now if they can finally get their credit system online and up and running, that would be good.

    https://www.msn.com/en-nz/news/other...54Jgp?ocid=se2

    Let me help the shoeshine crowd out with the maths. If you run a BBQ that burns $5 million cash a day, over a period of 12 months that $1,825 million. AIR had total shareholders equity of $2,089 million as at 30 June 2019. Now, I acknowledge the rate at which this BBQ will consume cash might come down slowly a bit as domestic passengers ramp up but not even the most optimistic of people is thinking the effects of this Covid 19 will be over in 365 days. The company itself is talking 800 days and by then only being back to 70% of its former size.

    "Blind Freddy" should be able to see that AIR are in the fight of its 80 year corporate life for their very survival here and absolutely will need substantial fresh capital at some point in the next 12 months. You can be almost certain the Govt wrote itself into an advantageous position with the capital raise as part of their $900m loan agreement. Someone has to pay for all Cindy's generous helicopter money and rich capitalist shareholders will do just fine as the sacrificial lambs...
    Last edited by Beagle; 06-06-2020 at 09:13 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.
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  5. #17385
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    Don't waste your valuable time here master Beagle....these crowd don't even care...they all laughing at us ...old farts that missed the boat.

    Some here even see that domestic route level 1 would cover n profitable. Some even think long term....bring the tui plz...

    They did not think about March crash.....all sheeps were following the lead to the clip ....

    Let the shorters eat them up ...
    Last edited by King1212; 06-06-2020 at 09:26 PM.

  6. #17386
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    Under level 1 everyone will be using up their credits . So the 600mio Air NZ talk about having which is really these credits will disappear . Meantime the airline has to pay pilots, aircrew, maintenance , fuel , parking charges for the planes not being used . This will take them deeply into the negative as effectively no cash is coming in .

  7. #17387
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    they have to burn 5million a day with wage subsidy,curious how much they have to burn each day after wage subsidy.

    they had 79million wage subsidy already and will apply for another 37million.
    Last edited by Justin; 07-06-2020 at 12:19 AM.

  8. #17388
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    Quote Originally Posted by Beagle View Post

    "Blind Freddy" should be able to see that AIR are in the fight of its 80 year corporate life for their very survival here and absolutely will need substantial fresh capital at some point in the next 12 months. You can be almost certain the Govt wrote itself into an advantageous position with the capital raise as part of their $900m loan agreement. Someone has to pay for all Cindy's generous helicopter money and rich capitalist shareholders will do just fine as the sacrificial lambs...
    The problem is every Sharesies-type buyer I know is a socialist. And a voter, in an election year.

    Therefore, I could easily see some absolutely necessary and urgent decisions that need to be made now being kicked down the road as ye olde BBQ keeps on burning.

    I think anyone long Air NZ is out of their mind - but there is a reason I'm not short it.
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  9. #17389
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    Quote Originally Posted by Stranger_Danger View Post
    The problem is every Sharesies-type buyer I know is a socialist. And a voter, in an election year.
    That’s a major assumption on your part.

    I think anyone long Air NZ is out of their mind - but there is a reason I'm not short it.
    Maybe you misinterpreted my previous comment. To clarify ... I think you will find that a large number of recent AIR investors, made a calculated decision to buy a “lottery ticket.” A long shot gamble. Not unlike a bet on a rank outsider at the races.

    A heck of a lot more interesting than buying a lotto ticket.

  10. #17390
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    flew on an air new zealand flight yesterday. The spacing between seats seems a waste of time given how people go about putting their bags in the overhead, taking them down, shuffling around during boarding, etc. When the virus gets here again, flights will be a massive spread risk.

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