Broke out alright; to the downside on increasing vol unfort.Another stock nearing 50 and 200DMA.
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That'd be because all the male investors really want the safety in paradise video brought back :D and maybe because all those fit looking men in black make their own beer bellies look :(
Shall we have another look at the best gem of all ?...why not https://www.youtube.com/watch?v=q0tkeGPG_8Q As good as the men in black one is...sadly there's no improving on perfection is there !
Some nice sunrise deals today. For anyone thinking they have to get up at sunrise to get the deal there is good news. The time of the release of seats is in the sunrise of the destination country. e.g. seats were selling to Shanghai for $399 each was a little while ago. That's a decent 24 hours of the new Dreamliner for $800...I don't especially want to go to Shanghai but it crossed my mind just to go for a ride on the new bird :)
Hong Kong is now on special for the same price...even more tempting.
http://wheretonext.airnewzealand.co....Deals_20150813
So, exactly a week to go before they announce FY results. In the meantime, QAN reports their earnings tomorrow which might gives us an indication of what low oil prices are doing to the Airlines industry overall, eh Roger?
Think Supercharger or Turbocharger mate...whichever boost mechanism is your choice, we're talking HIGH BOOST !!
AIR being priced like Oil goes back to $100 next year...but I reckon it won't.
Looking likely to test $40 a barrel shortly. Under $41 for Nymex now, lowest in 6 1/2 years. Last oil hedge document they disclosed, AIR had very little forward cover on oil so AIR's jet engines will be lapping up the cheap stuff and the profits will go straight to the bottom line :)
Off to China for work again tomorrow night, glad to be helping Air New Zealand make a profit.
QAN strongest profit since before the GFC
$505 m cap return
turnaround of $1.6 billion.
Hope you suckers who bought AIR in the $2.90's get more than your money back soon.
Here is the link,
http://www.smh.com.au/business/aviat...19-gj2evv.html
23c capital return in early Nov.
Well, if this is what QAN can do, can only imagine how solid AIR performance would be come Wednesday!!!
Unnecessary term IMO. Consensus EPS forecast on 4 traders is 41 cps for FY16, stock is on a FY16 PE of only 6.5 !! Qantas hasn't paid a dividend for 6 whole years whereas if your check you'll see AIR has paid consistent dividends throughout that time including a 10 cent special dividend in tandem with last year's final dividend.
Suckers rally in May to re $2.99 before the drop to re $2.39. The threads were going off, ecstatic, irrational exuberance; people were buying near the top.Hope we get over that hill ($2.99) on results.
Op stats for Jul and fuel hedge disclosure...
https://nzx.com/companies/AIR/announcements/268787
https://nzx.com/companies/AIR/announcements/268788
sb9, not up on hedges etc, what does the second announcment mean in regards to hedging fuel. thanks. chris