AIR featuring this plane in current marketing campaigns
As somebody has pointed out its an unfortunate marketing to chose an aircraft that's literally spent most of the past two years parked up broken firstly due to the major engine failure and then earlier this year being hit by a catering truck.
Still seems to be out of action
Broken and not going that well...yes does sound like the All Blacks
”When investors are euphoric, they are incapable of recognising euphoria itself “
Yeap - 1 nightmare liner still parked up according to my friend.
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
Comes across as a diligent type of chap in the conference calls but lacks any charisma so I am hoping this really is a temporary appointment.
Last edited by Beagle; 21-08-2019 at 04:36 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
Comes across as a diligent type of chap in the conference calls but lacks any charisma so I am hoping this really is a temporary appointment.
Says he's not seeking the role permanently..
Wonder if they have had a late application from the now resigned CEO of Cathy Pacific??
Although they are probably seeking a more inclusive and diverse type of role model... Seems to be all the rage now...
Says he's not seeking the role permanently..
Wonder if they have had a late application from the now resigned CEO of Cathy Pacific?? Although they are probably seeking a more inclusive and diverse type of role model... Seems to be all the rage now...
A prerequisite for senior management now seems to be having attended a vast range of cultural, ethnicity, language and gender sensitivity courses. Such fun !
Last edited by Beagle; 21-08-2019 at 05:30 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
So $374m ...worst result for many years .....AIR going through an earnings recession
But bullish as on next year ...earnings up 20% to $450m (but they could be less and AIRs early estimates usually a bit bullish)
Whatever awesome result in the circumstances ....even though had to call in external consultants to fix things.p (I’m told that’s not always a good look)
So $374m ...worst result for many years .....AIR going through an earnings recession
But bullish as on next year ...earnings up 20% to $450m (but they could be less and AIRs early estimates usually a bit bullish)
Whatever awesome result in the circumstances ....even though had to call in external consultants to fix things.p (I’m told that’s not always a good look)
i would say there earnings range of 360 - 450m implies a likely downgrade for next yr in profit if they usually start of optimistic and downgrade as the yr progresses
auckland airport results are implying next to no growth next yr and a downgrade in profit.
http://nzx-prod-s7fsd7f98s.s3-websit...567/305887.pdf
Revenue, average analyst expectation $5.76b, actual result $5.8b - meet expectations
Operating Profit, average analyst expectation $365m actual result $374m - beat expectations
Net Profit after tax , average analyst expectation $254m, actual result $270m - beat expectations
FY20 outlook, average analyst expectation $420 operating profit, guidance $350m - $450m, mid point $400m - softer outlook
Dividend maintained.
Net effect is neutral and I maintain my holding for dividend yield and am not expecting any break out of the recent trading range.
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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