Really appreciate your posts Roger, AIR thread wouldn't be the same without you. Cheers
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There is some great research and analysis on here from Roger and others AIR wouldn't be the same or held to account without it. If i sniff any over enthusiastic"promoting" up or down ramping or influencing attempts rather than opinions which I value, for and against, then respond i must. Hopefully most people don't mean to overdo it and stray ; keeping a moat between this forum and that other Hot one where anything goes is the point of difference in this forum which i value and is worth fighting for .
well its a shame that you appear to be one of the most inflammatory posters on here, Joshuatree...
OK guys..break it up..:)
Just as a sidebar--has anyone confirmed that that Emirates ''to good to be true'' flight was a misprint--id be willing to bet that no one would be that ruthless in a price war.
Maybe I got the wrong end of the stick earlier, suggest we all move on and get back to debating the company and its merits. I am busy today preparing for my discussion with T.C. I am presently leaning towards continuing the debate afterwards with their general counsel who is probably best placed to understand the intricate nuances of this matter has written what I consider to be an excellent Securities Trading and Disclosure policy statement for staff that runs to 13 pages. SIGH...We just need them to stick to it.
The debate will centre on whether the information contained within the investor day briefing was material or not and whether senior management knew when they were selling that the company was in the process of settling the freight dispute. Should there be a black out period shortly before the presentation of future investor day briefings ?...that is the $64,000 question. None of you will be surprised that I have a very firm view on this :)
I think it will probably pay for everyone to read the "Announcement" from STMOD at the top of the NZX forum. He says he's mostly harmless but, having had reprimand from him myself a while back, I'm not so sure about that.
Nothing wrong with opinions - we just need to keep personalities out of the mix.
Yeah, I caught the falling knife far too early, sold out my holding at over $3, bought back in at $2.70, ouch. If I had funds available I would probably top up. Just gonna hold this one out I guess, can't afford to make a loss.
I bought in around $1.20 and sold about half around $2.70 odd. I still hold the other half and am unlikely to sell this time around as its a well run company that I use quite a bit, making heaps of money in an area that is still growing. I personally wouldn't buy now as I prefer to buy when sentiment is clearly negative with a reasonable chance of changing to the positive. As I've said before on this thread when the sp was well positioned around $3, airlines generally are unprofitable and when airlines are profitable they expand and when the next contraction occurs in the market they are squeezed. They are cyclical companies. Once the talk is about big profits in the industry, its time to reach for your parachute. That's just my view, don't take my advice as I am often wrong.