AIR - Air NZ.

[vin]

Well, it's been a long time coming. I have sat patiently waiting to exit since the lowest of lows last year. I had originally sold a substantial holding at $3.02 then caught the falling knife VERY early at $2.70. I had told myself I would get out of AIR as soon as I got back in the green/even. I've stuck to my gameplan which isn't always easy to do! I'm entirely out. Goodluck holders

[Beagle]

Well, it's been a long time coming. I have sat patiently waiting to exit since the lowest of lows last year. I had originally sold a substantial holding at $3.02 then caught the falling knife VERY early at $2.70. I had told myself I would get out of AIR as soon as I got back in the green/even. I've stuck to my gameplan which isn't always easy to do! I'm entirely out. Goodluck holders

Congrats, its good to have a thesis / plan behind one's investing. In your case you wanted to quit at a certain price, in mine I'm happy to sit and collect dividends. Good to have a plan and helps one insulate themselves from some of the market noise.

[RupertBear]

Good on you, once this stock gets to this price level and above, trash city is never far away.

Looks like you're spot on Couta

[Raz]

Looks like you're spot on Couta

I think he summed up a lot of shareholders thoughts..personally great trading day:-)

[Baa_Baa]

I think he summed up a lot of shareholders thoughts..personally great trading day:-)

Mr Fibonacci said about $2.70 was also 23.6% of the entire move up from 2012 and, it's also by chance(?) 61.8% retrace of the decline from the highs. Spooky Fibs.

What would Mr Fibbo know anyway eh? Wouldn't want a TA to spoil the party by sharing their analysis, in case it was perceived as a deluge of negativism. Despite the fact that a TA can make upside calls as easily as downside calls, and do, that's the whole point of TA. They just don't bother sharing them here. I wonder why?

Never mind, even the 100MA is a fair way below here (so is the rising trend line), so it's unlikely that the reformed FA's who discovered one single TA marker and integrated it into their trading strategy, will sell at their marker, because this is a long term hold for the Divis, despite the cyclical tendency to smash capital value.

The Elliotwavers (who?) might be looking at $270 as a B or (B) or [B] depending on their view of the cycle or super cycle. But that's just inviting criticism and ridicule, which usually accompanies prognostication and is followed by scorn. Isaac Asimov told us that.

[Beagle]

https://www.nzx.com/files/attachments/257547.pdf

[RTFQ]

Generally speaking TA's are in for the short haul and FA's are long haul. I'm out at what I'm thinking is the peak meantime. The winter months generate a lot of headaches for airlines, manpower sickness, weather delays regionally and associated engineering difficulties. Historically the share price goes soft over this period as the market capitulates. AIR has been good to me and I will be back in hopefully around Sept or Oct. Thanks for the all the differing thoughts guys n girls.

[Meextr]

Does anyone think we will see further benefit to SP from 1st Sep' when JK actually joins the board?

[Baddarcy]

Oil seems to have fallen back a bit recently, WTI is now back in at $USD45 down from the mid $USD 50s not so long ago.

I've seen a few posts about the fleet replacements being all done and dusted in a few years thus freeing up a whole bucketload of cash. What is the consensus on the 777-200s? As at 01/04 the 'Seat weighted Average age' for them is 11 years.

I can't help but notice that the A320 short hauls average age is 12.7 years and Air NZ is in the process of replacing them.

Is the expectation is that they will run them into the ground like the 767s or will they replace them once the current fit out reaches end of life, there are a lot of similarities in size and range with the 787-9?

[Beagle]

I expect another ~ 9 years from the 777-200's.