AIR - Air NZ.

[Snow Leopard]

In the past the market has shown scant regard for the NTA of AIR.

As mentioned a while ago you could buy $1.45 of AIR NTA for $0.75c in March 2009.

Between March 2008 and October 2013 it traded below NTA for all but one month (Dec 10/Jan 11) and often at a deep 'discount' to that NTA.

So DYOR and look at buying something else .

Best Wishes
Paper Tiger

[Joshuatree]

Maybe we could run a poll to see how many are in the red and how many in the black with AIR. Arguably with 312 pages of threads the most posted, talked about, spruiked , stock on S/T, maybe thats an indicator for stocks to avoid. Disclose I'm in the red a little with a small parcel of shares, a few thousand.

[Snow Leopard]

It is possible that this 'shocking' Cathay Pacific announcement:

http://www.hkexnews.hk/listedco/list...0161012494.pdf

had a bearing on Thursday's decline in AIR.

It certainly did not help CP !

Best Wishes
Paper Tiger

[winner69]

It is possible that this 'shocking' Cathay Pacific announcement:

http://www.hkexnews.hk/listedco/list...0161012494.pdf

had a bearing on Thursday's decline in AIR.

It certainly did not help CP !

Best Wishes
Paper Tiger

Bejeezus - what a shocker

Not making much money are they - at best NZ$120m this year


Investors are advised to exercise caution in dealing in shares of airlines

[fish]

Air NZ should look at their remuneration policy if the staff are only going to turn around and dump the shares ASAP . Why not just pay them a bit more cash if they don't want to be invested in the company for the long term .

This is so destructive to the sp that I feel action needs to be taken

It will be part of their employment agreement which they probably had input .
So what can we do
?a motion of censure at the next agm
?notify the IRD-I am very tempted to do this.
I suspect it could be viewed as income and I would bet he is not planning to pay tax on it

[couta1]

[QUOTE=Paper Tiger;640641]It is possible that this 'shocking' Cathay Pacific announcement:

http://www.hkexnews.hk/listedco/list...0161012494.pdf

had a bearing on Thursday's decline in AIR.

It certainly did not help CP !

As I said in post 9347, macro events around the traps having the major affect on the share price not senior management cashing in some of their chips(Don't get me wrong, I'm not happy about it) Rising oil prices, the U.S elections, effects of increased competition ands the likes of the CP announcement above are the culprits.However Cathay does not operate in the same environment as Air and is hugely affected by the Chinese airlines, it also does not have a domestic monopoly like Air. Rising oil prices will be good for Air once a lot of the newly arrived competition hightail it out of here because of the viability of their less fuel efficient fleets and their bottom line return becomes not worth the effort.The effect of the increased competition will reduce Air profits, but the market has known this for some time so nothing new but remember no matter who brings the increase in tourists to NZ, Air is the only nation wide option they can choose to fly. The U.S election result is a thorn in the side of many stocks currently including Air.

[couta1]

This is so destructive to the sp that I feel action needs to be taken

It will be part of their employment agreement which they probably had input .
So what can we do
?a motion of censure at the next agm
?notify the IRD-I am very tempted to do this.
I suspect it could be viewed as income and I would bet he is not planning to pay tax on it

Some good options you have outlined and as stop loss said, why give these people shares when they don't value those shares by maintaining a long term interest in the company? Some of these people probably already getting over the top renumeration before these other sweeteners are added.

[see weed]

This is so destructive to the sp that I feel action needs to be taken

It will be part of their employment agreement which they probably had input .
So what can we do
?a motion of censure at the next agm
?notify the IRD-I am very tempted to do this.
I suspect it could be viewed as income and I would bet he is not planning to pay tax on it

Good on you fish, you go for it, and let us know the outcome. I have to pay tax on sm profits, so why not the big boys.I was under review from the IRD a few months back, but am in the clear now. And I'm only small fry....chicken feed.

[stoploss]

Here is a link to the committee that would overview the remuneration. I note there are short and long term targets . However the sharemarket being for long term so not sure if share options or entitlements come with short term goals ?
https://p-airnz.com/cms/assets/NZ/PD...d-Aug-2014.pdf

https://p-airnz.com/cms/assets/PDFs/...ement-2016.pdf

https://www.airnewzealand.co.nz/board-committees

Jonathan Mason and Jan Dawson look like the ones that would deal with this .
Putting out an APB for Roger , any interest in firing off a letter to either of these or people you have had previous contact with raising a concern , that this scheme should be part of a "long term " incentive package .
The latest sell seems to be a relatively short timeframe ?

Cheers

S/L

[BlackPeter]

This is so destructive to the sp that I feel action needs to be taken

It will be part of their employment agreement which they probably had input .
So what can we do
?a motion of censure at the next agm
?notify the IRD-I am very tempted to do this.
I suspect it could be viewed as income and I would bet he is not planning to pay tax on it

Absolutely agree that executives cashing in their shares as soon as they get them is a disgrace. On the other hand - they would say that they are just clever - wouldn't they? Makes sense to sell a dropping stock.

However - re IRD ... I am quite sure that they need to pay tax for getting these shares in the first place.