Auckland International Airport Limited (AIA)

[robbo24]

The share cancellation seemed a waste of time to me . What was the point?

U get money.

[macduffy]

The share cancellation seemed a waste of time to me . What was the point?

The company has decided that it is "under-borrowed". That it is in shareholders' best interests for AIA to borrow more and for shareholders to have the cash for other purposes. Remaining shares should each be worth more than previously.

[Jay]

Hey PT, I did say it was a dumb question

Wasn't some shares cancelled? I was thinking if so, you would have to allow for it, less shares on issue therefore price jumps up to compensate, but then shareholders were given $$ instead so the status quo remains -
Hmm see what a good night sleep does - clears the thinking

Thanks again PT

[robbo24]

Hey PT, I did say it was a dumb question

Wasn't some shares cancelled? I was thinking if so, you would have to allow for it, less shares on issue therefore price jumps up to compensate, but then shareholders were given $$ instead so the status quo remains -
Hmm see what a good night sleep does - clears the thinking

Thanks again PT

The SP went up, seemingly in response to the news.

1 in 10 shares were cancelled.

[percy]

The past year has seen the share price go up 32.57% [ft] or 36.05% [yahoo].Not sure which is correct, more than happy with either.!!!!

[percy]

Makes one wonder why any would want to trade this stock.? Or it easier to trade one on a massive uptrend?
1 year SP growth 30.87% 2year 57.75% and 5 year 133.53%.
Boring is beautiful.!

[percy]

I wish I could offer a sensible valuation for AIA,and how long the up trend will last.I can't answer either question.
My overview is what made me buy AIA.Huge moat as it is the gateway to New Zealand.Huge land bank to be developed over the years,steady reliable cash flows.No competition.

[robbo24]

The most interesting chart you will see for awhile...

Those who say charts are a waste of time might want to say that to their broker/insto who has been playing AIA and creaming it for awhile now!

Ben Graham once said - "The more boring the stock, the better". Eat your heart out!

Moosie, please don't start "following" AIA... It's been a good, consistent investment for me since the IPO. We don't need your kind around here.

[winner69]

Moosie .....you calculated the gains made if bought and sold on those signals that you showed on your chart

Massive .....even more massive if profits were reinvested in the next trade as well ......and better than the 30% for a buy and hold

[winner69]

Yes, MASSIVE!

Robbo, if you're not careful I'll phone up your boss and tell him to promote you

12 months to end of April

Buy and hold duration gives 32% return

Trade moosies buy/sell signals with constant trade size gives 55% return (and only holding for about 1/2 the year)

Trade moosies buy/sell signals but increasing trade size each time from prior profits gives 70% return (again only in for 1/2year)

So $100k starting fund gives $32k return for holding or $55k / $70k doing it the moosie way ....plus what moosie would make on trading the other 1/2 year when cash not in AIA

No divies / cap returns in calculation but I reckon moosie would have been in to get these as well

MASSIVE ......go for it mate


Also ignored the second of two sell signals in a row ....heck you could have done shorting as well (not holding at that time) .....add another 10%to the above numbers