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Thread: AIR - Air NZ.

  1. #14551
    ShareTrader Legend Beagle's Avatar
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    http://nzx-prod-s7fsd7f98s.s3-websit...423/297314.pdf

    Operating stat's look solid. Also nice to see them organising a charity music event for the hard working firefighting teams at Nelson recently with Broods coming back down-under. A very nice touch.
    Last edited by Beagle; 25-03-2019 at 10:41 AM.
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine

  2. #14552
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    Quote Originally Posted by winner69 View Post
    Seems a rationale thought
    No place for such thought in the wonderful world of stock market investment it seems.

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    Quote Originally Posted by Timesurfer View Post
    No place for such thought in the wonderful world of stock market investment it seems.
    Market is always a forward looking beast and is thinking about FY20 when their RR engine issues will be mostly behind them.
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine

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    Quote Originally Posted by Beagle View Post
    Happy to buy all day at that price. A lot of bearish / negative sentiment on here lately. I think the average analyst call of $2.58 is about right.
    I would be to, too much QE around for it to go that low without bad news.

  5. #14555
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    Quote Originally Posted by Beagle View Post
    Market is always a forward looking beast and is thinking about FY20 when their RR engine issues will be mostly behind them.
    These days the market always being a forward looking beast seems to be a bit of a myth
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  6. #14556
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    Quote Originally Posted by winner69 View Post
    These days the market always being a forward looking beast seems to be a bit of a myth
    I think its the half truth's, being extremely economical with the facts and deliberate concealment by some companies that's the real issue.
    Proven performers on attractive metrics who's management and directors one can trust and respect because they've earned it over the long haul are not exactly in prolific abundance on the NZX...

    Anyway so much for AIR's hole in forward bookings. Tried buying some tickets to get down and attend SUM's annual meeting in Wellington on 30 April and was blown out of the water with the SUM of money required. Might have to take it as read that SUM directors and management are doing a very good job.
    Last edited by Beagle; 25-03-2019 at 12:18 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.
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine

  7. #14557
    Speedy Az winner69's Avatar
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    AIR apparently going to announce outcome of their cost saving exercise and network review

    Can only be good for the shareprice as zillions of dollars in savings announced

    Might not be their worst year (profit wise) since 2013 after all
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  8. #14558
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    Thanks to the hard working team at AIR. My nice big juicy divvy arrived in my account today.
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine

  9. #14559
    ShareTrader Legend bull....'s Avatar
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    there updated strategy is a reflection of the low growth world we are now entering
    one step ahead of the herd

  10. #14560
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    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine

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