Severe Turbulence directly ahead !
Dassets is currently #3 out of 360 in the annual sharesight share competition. Very impressive !
AIR faces "Turbulence" https://www.nzherald.co.nz/business/...QYS3AITARHKII/ paywalled
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Jarden analyst Andrew Steele said the firm continued to forecast Air New Zealand will need to raise $1.2b of additional equity, "an amount which we no longer view as a conservative estimate." "We retain our sell rating, reflecting our view that given Air New Zealand's requirement for what will likely be a highly dilutive capital raise, material ongoing near-term losses and lack of comfort on the timing and trajectory of any earnings recovery, the shares present a negatively skewed risk/reward profile," he said.