If his posts upset you put him
on ignore . But maybe one day he will like the AIR numbers and you will miss the post ....
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Absolutely agree mate. I suspect there's two sides to this though. Some of the people that would have gone to Europe for their holiday will visit down-under instead for our clean / green / safe environment.
Latest stat's from Tourism N.Z. show 11% growth so they're still coming in droves. Whether AIR is getting its share of this growth or many of these new travellers are coming in on bargain Chinese / Asian flights is another question.
Latest operating stat's from AIR tend to indicate their growth is at a lower rate than the inbound tourism growth so some slippage in market share appears to be evident.
So how much are we losing of market share given options into Auckland, Queenstown and Christchurch..will Wellington also follow this trend..I guess we will keep the domestic traffic. I do wonder on the Auckland hub approach and how much competition that does allow in elsewhere. When the horse has bolted...
It would take a lot more than that to upset me :) I guess I just find it interesting that someone who says that "they do not believe that one should invest in any airline" is participating in a thread that is for an airline stock. A bit like me turning up at the local pub and telling the punters that I don't believe they should be drinking booze. Anyway, enough of that - back to the more serious business of investing (or trading). Happy Friday
Hmm - interesting statement. I always thought this forum is for exchanging ideas about stocks, investment ideas and the share market in general. I learned here (well, maybe not on the AIR thread) a lot about investing and am very grateful to people like PT, Hoop, KW and many others that they share their views with us. I don't always agree with them, but I always find their posts useful.
I think what PT probably wanted to indicate is that investments in airlines are inherently more risky than many other industries, and therefore should command a higher level of (expected) return. This is a very relevant view for this thread, so why shouldn't he state that here, whether he intends to invest in AIR or not?
Sure - some people only learn from their own mistakes (and some not even that), but for everybody else is it invaluable to have access to a wide spectrum of views ... and if it is just to test from time to time the own investment decision. Some people might be perfect (well, I am not), but for everybody else this is of benefit.
If you don't agree with PT - why don't you just prepare an argument indicating why people should invest into airlines (and I certainly could think about a reason or two for that as long as the promised return looks good enough to accept the higher risk) instead of questioning his reasons to post on this thread?
I would love to keep diversity of opinions on all threads ... and certainly the pearls of wisdom from some of our most experienced contributors.
Yes ;Investor bias is a design flaw in humans(like kneecaps:).Opposing views, wisdom,experience and unbiased opinions can blossom into equanimity.
I to enjoy a variety of posts positive or Negative and we are lucky on this thread to have some very knowledgeable people. But I wonder if someone held a gun to PT's head and said you have to invest $50K of your hard earned money in one of the following stocks (QAN, VAH or AIR) would AIR really be the third choice??
http://data1.ibtimes.co.in/cache-img...865_kabali.jpg
Buy MY airline
VAH is the obvious first choice, QAN definitely the second.
Best Wishes
Paper Tiger
LOL...anyone that can't see that VAH is a flea ridden mongrel should've gone to spec savers. For posters further amusement https://www.bing.com/videos/search?q...2803&FORM=VIRE
Air made money throughout the GFC, VAH can't even make money during FY16 with the strongest tailwinds in the aviation sector in arguably 50 years !
Remind me again, how many billions did QAN lose a couple of years ago ?
There's valuable insights and counter arguments and then there's trolling for a reaction, the two types of posts are different animals.