Originally Posted by
Baa_Baa
Have to maintain perspective, move with the times and have a Plan B though:
SPK is the retail remains from Telecom, largely owned by offshore investors, which longterm shareholders experienced one of the greatest wealth destructions in NZ market history aka Gattung, currently trading now around a 1/3 of its all time high. Probably never get back to the $9's
AIR is clearly cyclical up from .80's in 2012 and prior to that experienced traumatic events like Erebus and barely avoided bankruptcy by NZ Govt bailout, SP went to .20's, not sure if they paid a dividend through that mess.
These two have a history of periodically destroying capital.