OK, OK - who set this givealittle page as a joke for bored Shatetraders???? Surely must be a joke....... :confused::eek2::p
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OK, OK - who set this givealittle page as a joke for bored Shatetraders???? Surely must be a joke....... :confused::eek2::p
https://www.nzherald.co.nz/business/...ectid=12132113
A full month and two days out from the noon time CMO annual meeting on 2 November I checked prices on the weekend to fly to from the meeting on said date on AIR. Unless I want to get up at some absolutely heinous early hour to make the very first flight of the day its just over $500 return, (assuming I also want to fly back at a reasonable hour of the late afternoon / early evening. One wonders if their domestic pricing is getting a little "toppy" at times already ?
I won't fly Jetheap at any price (including free) so I won't be going, simple as that.
Yes it can get very pricey, we usually go to Melbourne or Sydney for entertainment and some dates your looking at $170 one way and other dates 500-600$. It does add up.
Just had the most grovely email from Emirates on change in services...sounds like they are really struggling...will help AIR on the Bali route.
Airline analysts always point out that the barriers to entry for a new airline in New Zealand are low.
Also an acquaintance of mine bought a few airline assets for one ringgit (about NZ$0.35) seventeen years ago and he seems to be doing reasonably well these days.
https://www.airasia.com/cdn/aa-image...-280w)-(3).png
But Air New Zealand will probably survive for a year or two yet :mellow:.
As he proclaimed so infamously in May he may have done well Snowy but his shareholders over the last 5 years would have done much better in Air NZ and are unlikely to be holding an open house with beef rendang and all the goodies any time soon!
As for those who preferred his X rated shares, I hope they still have their shirts (baju)!!
5 Year Return
Air New Zealand Limited: 107.38%
Airasia Group BHD: 17.04%
AirAsia X Bhd: -74.31%
Fly Air Asia, own Air NZ or :eek2:
Qantas Airways Limited: 275.80%
No wonder Buffet now owns 10% of the big 4 airlines in the US.
In another life the stripey one reckoned Virgin were brilliant buying at just over 30 cents (now 22 cents years later) compared to AIR at ~ $2 and QAN at about $3 at the time from memory.
Quite probably tongue in cheek or tongue in paw :)
Your selective memory is failing you badly, doggie boy.
Here is the post:
VAH was at $0.245 with AIR at $2.28 and QAN at $3.14
with todays closes of $0.225, $3.035 & $5.83 respectively and including dividends the gains since then are:
VAH -8%, AIR 79% and QAN 101%
I well flagged the subsequent Oct-16 AIR SP $1.78 as a good buy-in point and the $3.56+ exit point making a return on that trade of 110%.
I seem to recall that just as the price was peaking at $3.60 you were trying to convince us all that $4.23 was a reasonable price, where as you can only have lost money since then, and then you enthusiasm was suggesting NPBT of up to $700M for FY17, slightly off the $530M actually achieved.
Never get emotionally attached to a share and never invest in airlines.
LOL I was just giving your former animal iteration a poke for a bit of fun snow leopard. No need to get the claws out :p