My brain hurts with overuse of theoretical concepts so lets KISS & Make-up
Keeping it simple stupid, the KISS principle one of my personal favourites
Okay Hoop, enough theoretical's already... Time to see how AIR stacks up against some if its peers that I follow (all data off consensus analyst FY16 estimates per 4 Traders taken today).
AIR PE 4.90, Yield 11.28* (*grossed up for value of imputation credits)
QAN PE 6.07, Yield 1.64%
American Air PE 6.29, Yield 1.0%
Delta PE 7.29, Yield 1.15%
AIR undervalued on a comparative basis relative to its peers ?...you be the judge.
Mikeybycrikey - One of those A380's was a one off and they're using an older smaller plane on the direct Dubai route. AIR are expanding too last time I looked :)
I'm starting to think i need some panadol and a lie down
Oh why don't we go back to the Erebus disaster as well...(sarcasm intended). Here's an idea, why don't we look at the calibre of management now and current and reasonably foreseeable earnings.
AIR look cheap compared to their peers and last time I checked we all live in a similar global marketplace...
Just do not look at their Share Price
Tell you what Roger - if you want to relax read last years Singapore Airlines Report.
224 pages of information - including 2 devoted to their wines.
Best Wishes
Paper Tiger