:D:D:D:D:D:D:D:D:t_up::t_up::t_up::t_up:
+ Couta1 = 94% LOL[/QUOTE]
Printable View
:D:D:D:D:D:D:D:D:t_up::t_up::t_up::t_up:
+ Couta1 = 94% LOL[/QUOTE]
Share buybacks are often motivated by senior management wanting to secure / increase bonuses. Shareholders generally not even considered.
Dot think Luxon and his team need that help at the moment ...making zillions already
Financials look very clean and tidy to me after a fairly through review. The board are highly experienced, Tony Carter arguably the most respected Chairman in N.Z. Jan Dawson deputy chair won the coveted Institute of Chartered accountants accountant of the year award in 2011, is a fellow of the institute and other directors credentials are outlined in more detail on pages 50 and 51 of the annual report.
Chris Luxon is earning his stripes and will be regarded as one of N.Z.'s best ever CEO's in due course, (if not already).
You'd be hard pressed to find a better company or one better managed or governed. I have the upmost confidence in the board and management. Rob McDonald CFO is also very well respected in the profession.
Consumer confidence improving nicely
http://www.sharechat.co.nz/article/e...rest-rateshtml
Nothing like cheap money to stimulate things along nicely is there mate as well as record new migrants, (60,000 from memory) ! Can borrow for 2 years fixed at 4.39%...been a bean counter for a very long time and can't remember the last time I saw that, maybe never seen it before in my lifetime ? We now have FL280...FL290 next week and FL300 by end of the month eh. Keep steadily gaining altitude after that too. Strap yourself in for the best long haul flight experience of your life mate.
$2.795.. Pushing it!
Read Note 3 of the Annual Financial Statements
Key points-
1) AIR tax for year slightly more than corporate rate of 28%
2) Minimal movements in deferred tax accounts which one might expect
3) AIR don't have any tax losses carried forward to do anything with
My conclusion - all kosha as they say