SP dropped below the MA 400, which brought IFT back onto my shopping list. However - fundamentals still looking pretty dear and while the downward momentum keeps going it is anyway not the time to buy.
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"Prediction is very difficult, especially about the future" (Niels Bohr)
I see they're the share buyback is in full effect. Making the most of the opportunity presented - the question I have is if this is the best use of their cash given the current worldwide situation. I'm not a holder, haven't owned before and have kicked myself for not buying when it was previously in the low 3's (approx. 2 years ago I think). Looking for a sound entry point, anyone have a target price in mind? Cheers
I see they're the share buyback is in full effect. Making the most of the opportunity presented - the question I have is if this is the best use of their cash given the current worldwide situation. I'm not a holder, haven't owned before and have kicked myself for not buying when it was previously in the low 3's (approx. 2 years ago I think). Looking for a sound entry point, anyone have a target price in mind? Cheers
Target price $5.50 less wellington airport carrying cost for a year
Target price $5.50 less wellington airport carrying cost for a year
At the current price you're in luck! At this stage who knows what the WIAL costs will add up to be - all I can foresee is that the longer this shutdown on boarders and air travel continues the bigger they'll be.
I would be expecting IFT to disclose to the market any material changes similar to AIA's announcements - or am I to optimistic?!
At the current price you're in luck! At this stage who knows what the WIAL costs will add up to be - all I can foresee is that the longer this shutdown on boarders and air travel continues the bigger they'll be.
I would be expecting IFT to disclose to the market any material changes similar to AIA's announcements - or am I to optimistic?!
wellington airport must be taking a hit , windfarm construction must be up in the air with oil at $25 , telstra saying today they are expecting impact from virus and they still doing buyback?
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