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Thread: AIR NZ

  1. #15376
    ShareTrader Legend Beagle's Avatar
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    Its just beginning. QAN's outlook was on the assumption of just a 3.8% capacity reduction.
    No butts, hold no mutts, (unless they're the furry variety).

  2. #15377
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    Quote Originally Posted by Beagle View Post
    Its just beginning. QAN's outlook was on the assumption of just a 3.8% capacity reduction.
    So it's fair to assume you are short Air at these prices?

  3. #15378
    ShareTrader Legend Beagle's Avatar
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    Quote Originally Posted by blackcap View Post
    So it's fair to assume you are short Air at these prices?
    I would like to be short as this is a stand out candidate in my opinion. I haven't shorted up until this point.
    No butts, hold no mutts, (unless they're the furry variety).

  4. #15379
    percy
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    Quote Originally Posted by Beagle View Post
    I would like to be short as this is a stand out candidate in my opinion. I haven't shorted up until this point.
    CMO may be more profitable.?....lol.

  5. #15380
    percy
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    Quote Originally Posted by Beagle View Post
    I would like to be short as this is a stand out candidate in my opinion. I haven't shorted up until this point.
    CMO may be more profitable.?....lol.

  6. #15381
    ShareTrader Legend Beagle's Avatar
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    Quote Originally Posted by percy View Post
    CMO may be more profitable.?....lol.
    lol - Yeah, there's a few companies I wouldn't mind shorting including that one. I'm looking for the right service provider and platform at present.
    No butts, hold no mutts, (unless they're the furry variety).

  7. #15382
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    18th Feb - CHINA URGES NZ TO LIFT TRAVEL BAN Chinese student bags packed ready to go.............

    According to Wu, the number of confirmed cases has been dropping for a consecutive 13 days outside Hubei province and the number of recovered patients has increased rapidly. More than 10,000 patients have been cured and discharged from hospital, she said.

    New Zealand, however, followed countries such as the US, Australia and Japan in restricting entry by foreign nationals arriving from mainland China for 14 days. Over the weekend, Health Minister David Clark extended the ban for a further eight days and said that would be reviewed every 48 hours.

    Wu said the bans have already had an impact on bilateral cooperation, with 40 per cent of Chinese students who study in New Zealand now stuck in China.


    https://www.nzherald.co.nz/business/...ectid=12309559

  8. #15383
    Turn and burn Maverick's Avatar
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    Quote Originally Posted by Beagle View Post
    lol - Yeah, there's a few companies I wouldn't mind shorting including that one. I'm looking for the right service provider and platform at present.
    Ive read it here that CMC markets have been suggested for "shorting". I wouldn't go near them with a barge pole, if it's not standard offering of theirs or with any meaningful amount of moola.

    A few weeks ago I refired up my account with them (dormant from yonks ago when I dabbled in a bit of currency "gambling" - which is what it is.)with the view of leveraging to buy OCA .

    Well ... long story short, they don't offer OCA but told me they would ,on 2 occasions and confirmed with an email, as long as it was over the phone. So I pop in 2k to trial the procedure.
    They buy me OCA at $1.23 as agreed(that was the right price at the time), I find out the next day they bought me OCA in Aussy @ $1.23, not NZ at $1.23 , So I'm down 5%.
    I phone them and they said they would reverse the trade, which they promptly did to their credit.

    But this is where it got wierd, they then called me to say they don't , and won't, do OCA (after saying twice they would).
    I then get an email saying they will close my account fully, as I am unsuitable? Say what???. In quite a harsh email I have been unceremoniously termited despite ALL of our conversations , to their poor English speaking call Center's, being very pleasant.

    These guys clearly demonstrated through numerous conflicting story's they don't know what the heck they are up to, outside of standard procedure.
    There is no way I would trust them with any substantial money, even for there standard offerings.

    I have no doubt they willl refund the 2k in full but will be more than pleased to have my account shutdown by them.

    maybe they are still pi**ed with me because I walked away with a currency profit.
    Last edited by Maverick; Yesterday at 12:17 PM.

  9. #15384
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    Quote Originally Posted by Maverick View Post
    Ive read it here that CMC markets have been suggested for "shorting". I wouldn't go near them with a barge pole, if it's not standard offering of theirs or with any meaningful amount of moola.

    A few weeks ago I refired up my account with them (dormant from yonks ago when I dabbled in a bit of currency "gambling" - which is what it is.)with the view of leveraging to buy OCA .

    Well ... long story short, they don't offer OCA but told me they would ,on 2 occasions and confirmed with an email, as long as it was over the phone. So I pop in 2k to trial the procedure.
    They buy me OCA at $1.23 as agreed(that was the right price at the time), I find out the next day they bought me OCA in Aussy @ $1.23, not NZ at $1.23 , So I'm down 5%.
    I phone them and they said they would reverse the trade, which they promptly did to their credit.

    But this is where it got wierd, they then called me to say they don't , and won't, do OCA (after saying twice they would).
    I then get an email saying they will close my account fully, as I am unsuitable? Say what???. In quite a harsh email I have been unceremoniously termited despite ALL of our conversations , to their poor English speaking call Center's, being very pleasant.

    These guys clearly demonstrated through numerous conflicting story's they don't know what the heck they are up to, outside of standard procedure.
    There is no way I would trust them with any substantial money, even for there standard offerings.

    I have no doubt they willl refund the 2k in full but will be more than pleased to have my account shutdown by them.
    Easier if you do the trade yourself in their app , then you will know you are dealing the right code. Never had a problem with share index's, Gold , Shares, or currencies.
    It's a pretty simple platform and instant execution unlike dealing NZ shares .....

  10. #15385
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    qantas rising stronly in aus even after there outlook
    bull

  11. #15386
    Guru peat's Avatar
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    Quote Originally Posted by stoploss View Post
    Easier if you do the trade yourself in their app , then you will know you are dealing the right code. Never had a problem with share index's, Gold , Shares, or currencies.
    It's a pretty simple platform and instant execution unlike dealing NZ shares .....
    it would appear CMC have poor customer service but I've never had any problems, and I wouldn't keep large amounts in their account, is not really necessary with leverage.

    And yeh instant execution is actually better than DB or Craigs, you pull the trigger yourself. But hey they're a bucket shop effectively so I take care.
    For clarity, nothing I say is advice....

  12. #15387
    ShareTrader Legend Beagle's Avatar
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    Quote Originally Posted by Maverick View Post
    Ive read it here that CMC markets have been suggested for "shorting". I wouldn't go near them with a barge pole, if it's not standard offering of theirs or with any meaningful amount of moola.

    A few weeks ago I refired up my account with them (dormant from yonks ago when I dabbled in a bit of currency "gambling" - which is what it is.)with the view of leveraging to buy OCA .

    Well ... long story short, they don't offer OCA but told me they would ,on 2 occasions and confirmed with an email, as long as it was over the phone. So I pop in 2k to trial the procedure.
    They buy me OCA at $1.23 as agreed(that was the right price at the time), I find out the next day they bought me OCA in Aussy @ $1.23, not NZ at $1.23 , So I'm down 5%.
    I phone them and they said they would reverse the trade, which they promptly did to their credit.

    But this is where it got wierd, they then called me to say they don't , and won't, do OCA (after saying twice they would).
    I then get an email saying they will close my account fully, as I am unsuitable? Say what???. In quite a harsh email I have been unceremoniously termited despite ALL of our conversations , to their poor English speaking call Center's, being very pleasant.

    These guys clearly demonstrated through numerous conflicting story's they don't know what the heck they are up to, outside of standard procedure.
    There is no way I would trust them with any substantial money, even for there standard offerings.

    I have no doubt they willl refund the 2k in full but will be more than pleased to have my account shutdown by them.

    maybe they are still pi**ed with me because I walked away with a currency profit.
    Interesting post Mav. You have struck me as a perfectly reasonable, level headed, polite and intelligent guy both times we have met so for it to come to this with CMC markets is quite concerning. For what its worth I went to a lot of trouble to complete their online application last week and at the end of quite an exhausting and thorough process, I pressed send and got a message there is an error in your application. It did not highlight where in the many pages the error was. WTF ? They have all my contact details for 4 working days now but have not contacted me to finalize the process. I've decided I am not going to chase them.
    Last edited by Beagle; Yesterday at 03:11 PM.
    No butts, hold no mutts, (unless they're the furry variety).

  13. #15388
    Member Timesurfer's Avatar
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    Interesting. I used CMC for some 4x trading. Lost two small parcels mostly from not having enough to cover sudden spikes and they cash you out when your reseves hit flat line. So I decided that Maverick's gambling wasn't for me either (even though it was fun while it lasted).
    Didn't try trading stocks with them because their offering was pretty limited.
    “Better three hours too soon than a minute too late.”
    ― William Shakespeare

  14. #15389
    An Awesome Cool Cat winner69's Avatar
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    Here’s a good report on how green airlines are

    https://www.oag.com/how-green-is-you...7-c94cd3379600
    “Just consider that maybe the probability of you being wrong is higher than you think.”

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