sharetrader
Page 502 of 2018 FirstFirst ... 240245249249849950050150250350450550651255260210021502 ... LastLast
Results 5,011 to 5,020 of 20179

Thread: AIR - Air NZ.

  1. #5011
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    17,221

    Default

    Quote Originally Posted by winner69 View Post
    What do they say - share price (eventually) follows earnings

    So Roger, just take advantage of "punters" folly as somebody posted yesterday
    When you can see the light,while others only see darkness,you have an unfair advantage.

    Use it.!

    And yes W69 as former poster Steve Fleming always pointed out ;
    share prices always follow eps growth.Buy eps growth.

  2. #5012
    Senior Member
    Join Date
    Jan 2015
    Posts
    512

    Default

    well, I did manage to buy some more on Friday.

  3. #5013
    Member
    Join Date
    Nov 2013
    Posts
    365

    Default

    Axe joined the club of cool cats on ST that hold AIR. PS thanks to Roger for posting the link to the conference call. It was a worth while hour.

    AIR.jpg
    Last edited by axe; 28-02-2016 at 06:36 PM.

  4. #5014
    Membaa
    Join Date
    Nov 2004
    Location
    Paradise
    Posts
    5,292

    Default

    Notwithstanding all the good news and fine fundamentals, AIR was sell 3-4 weeks ago on the trusty weekly chart and the astute will be watching whether it holds the 'perfect touchdown' $2.74 close on the 200DMA Friday. Incredible how such a fine company can be a plaything for the alert traders focused on capital gains and capital retention. No offence intended to loyal shareholders, just a reminder that this has other forces in play than purely fundamental strengths.

  5. #5015
    Speedy Az winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    37,738

    Default

    All this talk of AIR facing headwinds reminded me of what Henry Ford once said -

    “When everything seems to be going against you, remember that the airplane takes off against the wind, not with it”
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  6. #5016
    ShareTrader Legend Beagle's Avatar
    Join Date
    Jul 2010
    Location
    Auckland
    Posts
    21,362

    Default

    Quote Originally Posted by axe View Post
    Axe joined the club of cool cats on ST that hold AIR. PS thanks to Roger for posting the link to the conference call. It was a worth while hour.

    AIR.jpg
    You're welcome. Anyone with a genuine and serious interest in AIR should invest the time. See post #4933 for the link folks.
    Last edited by Beagle; 29-02-2016 at 08:04 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

  7. #5017
    Senior Member
    Join Date
    Jan 2013
    Posts
    1,267

    Default

    Fridays action looked like one insto very keen to get out. The big Friday aftermarket transaction may have been the balance - or we will see them selling hard again today.

  8. #5018
    Senior Member
    Join Date
    Jun 2005
    Location
    , , .
    Posts
    1,324

    Default

    Quote Originally Posted by Roger View Post
    Craigs update to $3.45 from $3.40. Consensus underlying profit before tax for 2016 now $845m. Consensus 2016 PE now 4.8 and 5.0 for 2017.
    That PE is still low compared to the world-wide industry average. I had hoped that investment companies would have re-rated this a little more aggressively, but perhaps there's a psychological barrier that needs to be overcome!

  9. #5019
    Member
    Join Date
    May 2011
    Posts
    258

    Default

    Quote Originally Posted by Roger View Post
    Craigs update to $3.45 from $3.40. Consensus underlying profit before tax for 2016 now $845m. Consensus 2016 PE now 4.8 and 5.0 for 2017.
    Where did you see that Roger.
    They downgraded to $2.89 on feb 25

  10. #5020
    ShareTrader Legend Beagle's Avatar
    Join Date
    Jul 2010
    Location
    Auckland
    Posts
    21,362

    Default

    Quote Originally Posted by Zaphod View Post
    That PE is still low compared to the world-wide industry average. I had hoped that investment companies would have re-rated this a little more aggressively, but perhaps there's a psychological barrier that needs to be overcome!
    Very low and significantly lower than Qan and I note Qan didn't give guidance for FY16. It continues to baffle me why the analysts are so negative on AIR's medium term prospects.

    Fact is several months ago after the 2015 annual meeting I made the bold call that analysts were FAR too pessimistic on FY17 EPS estimates, (consensus at that point was 32 cps). Sure enough over recent months we've seen this steadily rise to 54.8 cps a whopping 71% increase, which seems far more realistic.

    I will leave you good folks to decide what level of credibility you want to ascribe to consensus analyst forecast for FY18 earnings for AIR of 42.3 cps...but its worth noting they're basing their consensus valuation on a big fall off in AIR's earnings for FY18 and yet Australian analysts think FY18 earnings for QAN will exceed FY16 earnings of 64.3 cps...Hmmm.
    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
  •