AIR - Air NZ.

[couta1]

Current share price $3.165
Craigs target price $2.85
Morningstar target price $2.60.
So stand to lose 10% or 18%.????
Will leave it to others to choose.?

I wouldn't choose either, around fair value at the moment IMO, should go up at result time and leading up to the ex divvy date. Very resilient business that has proved it's mettle over the last year in particular. PS-A lot of smart money paid north of the current price for this stock. PPS-Makes up a healthy 10% of my portfolio.

[dreamcatcher]

imo................. undervalued and a solid dividend payer

https://www.nzherald.co.nz/business/...ectid=11897087

[value_investor]

imo................. undervalued and a solid dividend payer

https://www.nzherald.co.nz/business/...ectid=11897087

They might just have to order all those new planes after all

[dreamcatcher]

Boeing's first-half deliveries up seven percent, orders surge past Airbus

https://www.reuters.com/article/us-b...-idUSKBN1K025F

[BlackPeter]

Boeing's first-half deliveries up seven percent, orders surge past Airbus

https://www.reuters.com/article/us-b...-idUSKBN1K025F

Amazing .... looks like airlines want to buy more nightmare-liners . Hard to understand as well why anybody would want these days to buy American over European. Maybe better to fly less.

[Beagle]

https://www.nzherald.co.nz/business/...ectid=12088610

Virgin acting like a partner jilted at the alter and determined to take revenge.

[percy]

No surprises there.!

[peat]

The Tasman is a very rough little sea. Both the waves and the competition.
Many travellers are very price sensitive though so a price war can ensue, which obviously doesn't help margins.
But its inconceivable that AIR give up the Tasman so competing on price is only bad for everybody and Virgin cannot win.

[Beagle]

The Tasman is a very rough little sea. Both the waves and the competition.
Many travellers are very price sensitive though so a price war can ensue, which obviously doesn't help margins.
But its inconceivable that AIR give up the Tasman so competing on price is only bad for everybody and Virgin cannot win.

They have a VERY weak balance sheet and very poor brand following in N.Z. in my opinion. I agree they're on a hiding to nothing.

[Jerry]

Virgin, inedible meals, no in-flight entertainment unless you BYO = a poor experience.