AIR - Air NZ.

[Rossimarnz]

I can't get my head around what has happened to this share price. 4 years ago, when they had just exited Virgin Australia I could have purchase shares for less than yesterdays closing price. The headwinds faced by AIR back then were a gnat's whisker compared to what they face today. Extraordinary!!!!

[Beagle]

https://www.newshub.co.nz/home/trave...9-fallout.html

Cam earned his big bucks on TV3 breakfast this morning. 15 777's going into deep storage at the Alice Springs plane graveyard. According to last year's annual report they had 7 777-300 ER and 8 777-200 ER aircraft so that's all 777's going into what he referred too as deep storage.

Its good that AIR are finally being honest with their customers that refunding all credits will send them broke and also good they are looking at transferring credits into airpoints and also good that they are expanding their call centre. Finally the message seems to have got through that they need to be honest and transparent and think about their customers.

It was apparent from the interview that senior exec's have really been struggling to cope with this unprecedented circumstances they find themselves in.

[Waltzing]

DISC: ive passed a few law and accounting exams, i know what arms length means. But this interest rate still seems in these times to be to high. I traded the GFC and we have extensive transaction software for this market but i would not trade this stock. There are plenty of stocks that have stochastic intervals that can be calculated. Its not what i call a trading stock but a very very risky gambling stock. SKC is a better trading stock then this.

[bull....]

hows that lol 1.71 to 1.88

[Cadalac123]

hows that lol 1.71 to 1.88

Correlates to ASX open. Pretty common phenomenon with dual listed companies

[Beagle]

https://www.nzherald.co.nz/business/...ectid=12338518
Analysts are warning of significant dilution when the Govt converts its $900m loan to equity as low as possibly at 5 cents a share

[blackcap]

https://www.nzherald.co.nz/business/...ectid=12338518
Analysts are warning of significant dilution when the Govt converts its $900m loan to equity as low as possibly at 5 cents a share

Subscriber content. Please warn if posting links that us plebs can't read

5 cents a share would be great for our shorts though. Almost a down trou.

[RTM]

https://www.nzherald.co.nz/business/...ectid=12338518
Analysts are warning of significant dilution when the Govt converts its $900m loan to equity as low as possibly at 5 cents a share

Thanks for taking the time to post the link Beagle. For me no need to post the "Subscriber Content" rider. I can easily see its the Herald or simply try to access it to figure it out.

[winner69]

https://www.nzherald.co.nz/business/...ectid=12338518
Analysts are warning of significant dilution when the Govt converts its $900m loan to equity as low as possibly at 5 cents a share

Nothing new in that article ....all been said on here over the last couple of months.

[Beagle]

Nothing new in that article ....all been said on here over the last couple of months.

Pretty sure no one on here has suggested the Govt's loan might be converted to shares at just 5 cents before. From memory my estimated range has been 25 - 50 cents.
Jarden's fair value 12 months hence is 84 cents, Forsyth Barr $1.00 - average 92 cents less say 10 % risk adjusted expected return with no dividends so professional analysts are suggesting fair value is currently 83 cents. Red hot favourite that they would know better than the $1,400 sharsies crowd.