I know this forum discourages copy & paste of newspaper articles but this one seems to be a copy, paste & stitch of this thread!
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Not clear if you mean the article appears to be a 'copy & paste' of the narrative on this thread, or we shouldn't 'copy & paste' links to newspaper articles on this thread?
Anyway the point intended was that this article in today's Stuff might spook a few investors this week & cause a bit of a collapse in the SP.
I see Rob Fyfe also commenting today that businesses should plan on borders being closed for 2 or 3 years & that even with high vaccination rates business travel will become more complex due to stringent health checks resulting in a reduction in business travel & necessitating adapting to new ways of doing business.
Can imagine companies weighing up risks of company executives travelling overseas being forced into lockdown due to an outbreak in that country & unable to return home.
Rob Fyfe opines https://www.stuff.co.nz/business/ind...-rob-fyfe-says
https://www.nzherald.co.nz/world/cov...6NGMFIOWYZG44/ Extremely dangerous new variant.
I can't help wondering how many new and even more dangerous variants will emerge in the years ahead. Will we still be battling dangerous new variants in the 2030's ?
What are the implications for travel ? Surely business's will try everything in their power to avoid the risk of sending their executives to physical meetings overseas and resort to digital meetings ?
What are the implications for demand for premium seats at the front end of the aircraft where most of the money is made ?
Do all AIR planes have black wings?
And if not, why not?
Black wings allow them to fly longer
Albatross
short again.
Attachment 12727
prepared to add higher.
Interesting article in the Herald today about the rise of the retail investor through platforms like Sharsies.
Where are they investing their money ?
Where Kiwis are investing:
The 10 most popular holdings by amount invested
1) Air New Zealand (NZX)
2) AMC Entertainment Holdings Inc (US)
3) a2 Milk Company (NZX)
4) Tesla Inc (US)
5) Gamestop Corporation (US)
5) Fisher & Paykel Healthcare Corporation (NZX)
6) Smartshares NZ Top 50 Fund (NZX)
7) Smartshares US 500 Fund (NZX)
8) Mainfreight (NZX)
9) Meridian Energy (NZX)
Not targeting value anyway. At least MFT is on there. Of interest to me is will NZF and USF still be on there in 12 months now sharesies charges buy/sell fees on those now and investnow, smartshares etc don't.
Anyway back on topic it maybe explains the share price being so high.
Like most here I can't relate the SP to reality. Tough times for airlines (and Gamestop).