I think you daughter owns Auckland Airport shares, see AIA thread.
Best Wishes
Paper Tiger
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Thanks PT, they don't call you a tiger for nothing. I had just been booking a flight with Air NZ when the question came in, so I had Air NZ on the brain instead of Auckland Airport.
Update on the Air NZ - Singapore alliance. Looking very favourable!
http://www.nzherald.co.nz/business/n...ectid=11242161
Readers of this thread will be aware I have previously suggested the Governments share of Cullen Airlines be sold to Etihad.
Now Cabinet Ministers used to the finer things in life and a love of international travel have a motive to do this. Ethhad has just launched a new cabin layout for its A380's and Dreamliners. A feature of this layout is new suites in the first class cabin featuring a lounge area, sleeping area and a private bathroom which includes a shower.
Cabinet Ministers would feel inhibited flying this airline because of public perception they should supprt the national airline. If it was sold this barrier to their pampering would no longer exist.
The only problem with this statergy is these enhanced services would only be available from Australian Airports. To join up with these flights Cabinet Ministers would still have to cross the ditch on Cullen Airlines flying thrombosis class.
http://www.stuff.co.nz/travel/news/1...esidence-suite
Boop boop de do
Marilyn
Anyone out there have a fair value for AIR or care to share their views? I have $2.40 on the conservative end and $2.90, based on the last 5 years earnings growth and assuming a P/E of 10-11.
DISC: Holding
[QUOTE=Huskeez;478889]Anyone out there have a fair value for AIR or care to share their views? I have $2.40 on the conservative end and $2.90, based on the last 5 years earnings growth and assuming a P/E of 10-11.
Check out modandm's posts on AIR
Higher Highs each week. Slowly heading towards projected SP. New 52 Week high, pretty excited for the FY14 Results.