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19-09-2017, 06:08 PM
#12301
Originally Posted by bull....
cancelling ticket sales , flights - downgrade time soon if it lasts too long
No they have already said that they don't expect the impact to be material. As I have already posted, I expect the impact to be less than 2 cps in the current year's earnings (less any business interruption insurance they may or may not have and any possible recovery of damages from a third party). I'm sure we will get an update at the annual meeting late next week.
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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19-09-2017, 07:00 PM
#12302
Originally Posted by Beagle
No they have already said that they don't expect the impact to be material. As I have already posted, I expect the impact to be less than 2 cps in the current year's earnings (less any business interruption insurance they may or may not have and any possible recovery of damages from a third party). I'm sure we will get an update at the annual meeting late next week.
Been hearing and seeing a few comments like this starting to float around...
"It seems really strange to me that one hole is causing so much grief. Nor can I understand how it can take weeks to fix said hole. Is there perhaps a lot more to this story than we are being told? Is the real state of the pipeline much more serious than anyone is prepared to admit just four days from the election? "
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19-09-2017, 07:31 PM
#12303
Originally Posted by Raz
Been hearing and seeing a few comments like this starting to float around...
"It seems really strange to me that one hole is causing so much grief. Nor can I understand how it can take weeks to fix said hole. Is there perhaps a lot more to this story than we are being told? Is the real state of the pipeline much more serious than anyone is prepared to admit just four days from the election? "
There's always more to it than is made public, let alone 4 days from an election, both major parties ducking for cover after both ignored warnings of the pipeline vulnerability.
AIR taking some extraordinary measures limiting Jet fuel consumption. https://www.stuff.co.nz/business/970...crisis-deepens
SP is holding up pretty well despite the debacle.
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19-09-2017, 07:40 PM
#12304
Reminds me of the Blitz
I hope Chris will be handing out extra $$$ to the team:
http://www.scoop.co.nz/stories/BU170...ew-zealand.htm
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19-09-2017, 07:48 PM
#12305
Originally Posted by Baa_Baa
There's always more to it than is made public, let alone 4 days from an election, both major parties ducking for cover after both ignored warnings of the pipeline vulnerability.
AIR taking some extraordinary measures limiting Jet fuel consumption. https://www.stuff.co.nz/business/970...crisis-deepens
SP is holding up pretty well despite the debacle.
Let it drop, quite happy to take another XXOS holding.
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19-09-2017, 08:29 PM
#12306
Originally Posted by Baa_Baa
There's always more to it than is made public, let alone 4 days from an election, both major parties ducking for cover after both ignored warnings of the pipeline vulnerability.
AIR taking some extraordinary measures limiting Jet fuel consumption. https://www.stuff.co.nz/business/970...crisis-deepens
SP is holding up pretty well despite the debacle.
So what's REALLY going on? No chance of really knowing with only a few days before election and the major party's ducking for cover, but ... https://www.stuff.co.nz/business/970...-than-expected
"Wynyard planning hints at Auckland jet fuel outage lasting longer than expected"
Currently via media, "at least nine days". if this is prolonged though, it can't be good for AIR SP, except for XXOS buyers.
And this as well, AIR and NZ Refining becoming effect and cause. https://www.stuff.co.nz/business/ind...nzx-disclosure
Reckon this will be over in a few days?
Last edited by Baa_Baa; 19-09-2017 at 08:45 PM.
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19-09-2017, 08:40 PM
#12307
Originally Posted by Raz
Been hearing and seeing a few comments like this starting to float around...
"It seems really strange to me that one hole is causing so much grief. Nor can I understand how it can take weeks to fix said hole. Is there perhaps a lot more to this story than we are being told? Is the real state of the pipeline much more serious than anyone is prepared to admit just four days from the election? "
didnt they have a petrol enquiry a while ago - payback time
one step ahead of the herd
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19-09-2017, 09:02 PM
#12308
Even when the fuel starts moving again I heard somebody on the radio say that it will take 2 to 3 days for it to settle (in the tanks?) before recertification can be done. Wouldn't want dodgy fuel in a Dreamliner eh
Last edited by winner69; 19-09-2017 at 09:03 PM.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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20-09-2017, 09:49 AM
#12309
Member
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20-09-2017, 11:15 AM
#12310
http://www.nzherald.co.nz/business/n...ectid=11924331
Wow..who knew an A380 takes over 300,000 liters of aviation fuel to fill it up !
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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