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Thread: AIR - Air NZ.

  1. #12051
    ShareTrader Legend Beagle's Avatar
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    Fair question mate and one someone else asked me by PM. I think the field is pretty wide open when you simply say as per their most recent guidance that profit before tax is likely to exceed $525m. They're not saying by how much and their "get out of jail free card" I suppose is that in regard to the aviation industry profit is hard to predict.
    Maybe the aviation fumes did get to me the other day and I am way too optimistic LOL
    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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    Quote Originally Posted by Beagle View Post
    Fair question mate and one someone else asked me by PM. I think the field is pretty wide open when you simply say as per their most recent guidance that profit before tax is likely to exceed $525m. They're not saying by how much and their "get out of jail free card" I suppose is that in regard to the aviation industry profit is hard to predict.
    Maybe the aviation fumes did get to me the other day and I am way too optimistic LOL
    I'm more than happy for you to be optimistic

  3. #12053
    Speedy Az winner69's Avatar
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    Beagle - reckon you a bit optimistic seeing there was only a month or two before year end when they said 525m ....

    .... but one thing for sure is that all the inputs you probably have used in your model will roll over into F18. Think you just ahead of the curve.

    So maybe $700m for F18 as starters
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

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    Quote Originally Posted by winner69 View Post
    Beagle - reckon you a bit optimistic seeing there was only a month or two before year end when they said 525m ....

    .... but one thing for sure is that all the inputs you probably have used in your model will roll over into F18. Think you just ahead of the curve.

    So maybe $700m for F18 as starters
    Time will tell.Certainly happy with $700m as a starting point for FY 18 seeing as yields were so soft for the first half of FY17 but I am confident enough of $630 - $680m this year to put my name to it this morning and put my money where my mouth is buying more as well. Lets see how we go next week mate.
    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

  5. #12055
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    Quote Originally Posted by Beagle View Post
    Time will tell.Certainly happy with $700m as a starting point for FY 18 seeing as yields were so soft for the first half of FY17 but I am confident enough of $630 - $680m this year to put my name to it this morning and put my money where my mouth is buying more as well. Lets see how we go next week mate.
    Nice ramp Mr Beagle, seems to have done the trick. PS-Bolly Bands on the squeeze.
    Last edited by couta1; 17-08-2017 at 04:09 PM.

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    Quote Originally Posted by couta1 View Post
    Nice ramp Mr Beagle, seems to have done the trick. PS-Bolly Bands on the squeeze.
    That's good isn't it ..... break upwards?
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

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    Quote Originally Posted by winner69 View Post
    That's good isn't it ..... break upwards?
    Mum's the word.

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    couta1, is that you at 3.34?

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    Quote Originally Posted by see weed View Post
    couta1, is that you at 3.34?
    Perhaps some institution seems to think the hound might be barking up the right tree ? Been a bit quiet in this thread lately so I reckon we were overdue for a little positivity.
    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 see weed View Post
    couta1, is that you at 3.34?
    HaHa, I was just looking at that bid thinking I should have that many at least, but Mr Beagle is trying to convince me to be more conservative these days. PS-Any normal Friday weakness may cause me to let the dark side break out.
    Last edited by couta1; 17-08-2017 at 05:02 PM.

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