sharetrader

Thread: AIR - Air NZ.

  1. #12851
    Senior Member
    Join Date
    Feb 2015
    Posts
    514

    Default

    Interesting bounce in SP last couple of days..... Decent volume yesterday and today not too bad either. Not sure a 4% dip in jet fuel is the underlying cause but its a roller coaster, see if it can build again from here.

  2. #12852
    Senior Member Marilyn Munroe's Avatar
    Join Date
    May 2010
    Location
    Hollywood
    Posts
    920

    Default

    The creditor tigers are crouching in the bamboo waiting for the HNA Aviation Group to falter.

    HNA aviation own the portion of Virgin(Under Arm Bowlers Division) Cullen Airlines sold.

    Will Cullen Airlines CEO Christopher Luxon do a Kerry Packer and buy the stake back at a knock down price?

    Boop boop de do
    Marilyn
    Diamonds are a girls best friend.

  3. #12853
    Member
    Join Date
    Jan 2018
    Location
    On a beach
    Posts
    393

    Default

    morningstar has downgraded AIR to a sell with a target of $2.60

    although, one should always take their 'recommendations' with a pinch of salt. more 'often-than-not' it is best to the complete opposite.

    reckon we hold in this little pattern until results day




    filthy

  4. #12854
    Missed by that much
    Join Date
    Jan 2014
    Posts
    898

    Default

    I booked a flight to Canberra on Singapore airlines, but now find I am actually on AIr NZ and Virgin. The fare is exactly half what it would have been had I booked via AIR. Someone is making a loss on this ticket and I suspect it is NOT Singapore Air.

  5. #12855
    Go The Warriors "This Year!"
    Join Date
    Mar 2017
    Location
    Auckland
    Posts
    277

    Default

    Quote Originally Posted by Marilyn Munroe View Post
    The creditor tigers are crouching in the bamboo waiting for the HNA Aviation Group to falter.

    HNA aviation own the portion of Virgin(Under Arm Bowlers Division) Cullen Airlines sold.

    Will Cullen Airlines CEO Christopher Luxon do a Kerry Packer and buy the stake back at a knock down price?

    Boop boop de do
    Marilyn
    No! Think AIR has publicly stated they are through with buying into other Airlines.
    Virgin especially offer no advantage to them.

    They have had a sound if not slightly limited commercial agreement with them that has suited each others interests over the last few years (although have read speculation on another internet forum ..and that all it is.. That AIR may seek not to renew this agreement later this year) .

  6. #12856
    Advanced Member
    Join Date
    Feb 2011
    Location
    Wellington
    Posts
    2,451

    Default

    Quote Originally Posted by Jantar View Post
    I booked a flight to Canberra on Singapore airlines, but now find I am actually on AIr NZ and Virgin. The fare is exactly half what it would have been had I booked via AIR. Someone is making a loss on this ticket and I suspect it is NOT Singapore Air.
    It might be Singapore Air taking the hit if your flight is after April when the service stops ? Presumably they would have to make good and put you on another service ?
    https://www.stuff.co.nz/business/100...n-to-melbourne
    Last edited by stoploss; 01-02-2018 at 09:21 AM. Reason: add link

  7. #12857
    Speedy Az winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    37,737

    Default

    Quote Originally Posted by Jantar View Post
    I booked a flight to Canberra on Singapore airlines, but now find I am actually on AIr NZ and Virgin. The fare is exactly half what it would have been had I booked via AIR. Someone is making a loss on this ticket and I suspect it is NOT Singapore Air.
    and a bit longer to get there eh

    Singapore will be paying with the help of Wellington ratepayers
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  8. #12858
    Advanced Member
    Join Date
    Feb 2011
    Location
    Wellington
    Posts
    2,451

    Default

    Quote Originally Posted by winner69 View Post
    and a bit longer to get there eh

    Singapore will be paying with the help of Wellington ratepayers
    Don't get me started ...WCC lol

  9. #12859
    Investor
    Join Date
    Jul 2014
    Posts
    5,643

    Default

    Quote Originally Posted by Filthy View Post
    morningstar has downgraded AIR to a sell with a target of $2.60

    although, one should always take their 'recommendations' with a pinch of salt. more 'often-than-not' it is best to the complete opposite.

    reckon we hold in this little pattern until results day

    filthy
    No wonder price is flying today....just do the opposite to Morningstar's recommendation...it'll all be fine.

  10. #12860
    ShareTrader Legend Beagle's Avatar
    Join Date
    Jul 2010
    Location
    Auckland
    Posts
    21,362

    Default

    Quote Originally Posted by sb9 View Post
    No wonder price is flying today....just do the opposite to Morningstar's recommendation...it'll all be fine.
    LOL I hold them in a similar level of derision but occasionally even a broken clock is right and I think this is one of those occasions.
    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

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •