Is that an endorsement?
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Is that an endorsement?
I think the spotlight needs to go on Wellington airports landing charges. I know AIR had had a very frost relationship with this Infratil owned airport over the years over their sky high charges and they're not the only airport to dramatically raise landing charges by any means.
http://www.odt.co.nz/news/dunedin/20...r-landing-fees
http://www.stuff.co.nz/marlborough-e...ding-fees-soar
http://tvnz.co.nz/business-news/airp...s-fyfe-5052470
U r the broken record here Roger, sticking up for a thieving cartel! That destroy viable opposition by lowering fares.
As soon as they are gone fares go up again.
and it is tax payer money that bailed them out that allows them to do it.
Watch thi s space when Jetstar quits and airfares to the major centres triples.
Roger happens to be one of the highest quality posters on this site and it's only his input that encourages me to trawl through the drivel you've been posting in this thread as of late. If you have some evidence to back up your claims or something market related to discuss go ahead but if you're going to insult those with constructive input please go elsewhere or take your airline complaints to the off market thread
Rogers 'analysis' of the stock comes down to
1. Using the analyst consensus earnings estimates
2. Applying a PE of 10
So simple... I would disagree with both of these and hardly call it high quality posting.
Roger hasn't estimated the difference in earnings might be if passenger revenue grows 3,4,5,6,7, or 8%, or how a change in fuel or FX affects next years profit. He certainly hasn't bothered to forecast P&L cost line items. Instead he would say - oh the business model can cope. That's nice. Chorus will probably cope too - never mind shareholder losing half their investment.
Good luck...
I wasn't limiting that statement simply to analysis. He frequently brings articles and insights both about the industry as a whole and company specific things that I had overlooked to my attention through this thread as well as generously sharing his conversations and insights with management with those of us unable to make it to the AGM.
However I shall bite my tongue after this post as I'm becoming as petty and off topic as the resident troll