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Thread: AIR - Air NZ.

  1. #9471
    Member Tony Two Gloves's Avatar
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    No if he is happy to buy at $1.80 I have a feeling he will get them. As previous posters have stated we need an 'event" to switch the downtrend, nothing has really happened to influence one way or the other. Although I feel we have recovered that 0.05C we lost when Cam Wallace sold his shares last week and peeved everybody off - what a powerful man or at least his actions were.
    Last edited by Tony Two Gloves; 20-10-2016 at 03:38 PM.

  2. #9472
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    Quote Originally Posted by Tony Two Gloves View Post
    No if he is happy to buy at $1.80 I have a feeling he will get them. As previous posters have stated we need an 'event" to switch the downtrend, nothing has really happened to influence one way or the other. Although I feel we have recovered that 0.05C we lost when Cam Wallace sold his shares last week and peeved everybody off - what a powerful man or at least his actions were.
    Like what I see today:-)

  3. #9473
    Member Tony Two Gloves's Avatar
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    Quote Originally Posted by Raz View Post
    Like what I see today:-)
    Yep every man and his dog wants AIR @ $1.80 - sellers are saying no!!

  4. #9474
    Legend peat's Avatar
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    The bond issue was reduced in size from $75M to $50M and interest rate set at 4.25% (higher than expected)
    I guess I dont need to interpret this for y'all.

  5. #9475
    ShareTrader Legend Beagle's Avatar
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    I have had an absolute ton of e.mails about Z's corporate bond issue so I think they are also struggling to fill their issue. I think at these low level's there are very few merits to tying up one's money for 6 years or so in the very low 4% range to any corporation.

    Flipping the coin over the other way, who wouldn't want to borrow for 6 years fixed at 4.25%...so why would you lend at this rate !
    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

  6. #9476
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    Quote Originally Posted by Roger View Post
    I'm not sure about this holding hands thing mate LOL
    I am kinda relieved that not join at the hips...

  7. #9477
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    My GIBTA (Get In Before TA) and FA has been telling me to buy buy buy in the 1.70s and 1.80s. What do you think 1.90 by next weeks end? The 1.80 man is still supporting there, then $2 by Christmas - New Year ready for 10c div in 8 weeks from then.

  8. #9478
    ShareTrader Legend Beagle's Avatar
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    I'd like to think we hit the bottom at $1.71.5 recently. It has certainly been quite strong since then in what has otherwise been a very weak market.
    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

  9. #9479
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    Quote Originally Posted by Roger View Post
    I'd like to think we hit the bottom at $1.71.5 recently. It has certainly been quite strong since then in what has otherwise been a very weak market.
    Scored 8000 at 1.715c on 13/10/16, but also bought two other lots on the same day for 1.79 and 1.74. The 1.79 was bought on open 1.74 half way through day and 1.715 on close, from memory.
    Last edited by see weed; 22-10-2016 at 09:12 AM.

  10. #9480
    ShareTrader Legend Beagle's Avatar
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    Quote Originally Posted by see weed View Post
    Scored 8000 at 1.715c on 13/10/16, but also bought to other lots on the same day for 1.79 and 1.74. The 1.79 was bought on open 1.74 half way through day and 1.715 on close, from memory.
    Nice buying mate. Migration and tourism keeping steamrolling on at record levels https://www.nbr.co.nz/article/nz-mig...ember-b-195770
    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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