Im beginning to think the best way to manage your AIR shares is to know someone who works for The Herald.
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Im beginning to think the best way to manage your AIR shares is to know someone who works for The Herald.
Bugger the environment...Use coal its cheaper
http://bentcorner.com/wp-content/upl...enairplane.jpg
Heard Mr Hosking on ZB say this morning that AIR NZ is to make a big announcement tomorrow. Not sure re subject matter though, anyone know what it might relate to?
That hosking will receive 1st class seats every time he slips in a good word about AIR?
the bio-fuel news?
Perhaps with oil prices declining as they have, AirNZ don't want to be seen to now be ignoring the environmental impacts of the additional aircraft they have deployed? If they did nothing they would sure to be slammed in the press, although I am sure they will anyway.
I think they're looking at rolling out a fleet of electric cars and ground support machinery shortly mate...at a time when the economics of same have probably never looked worse. But its good PR and they'll need that to placate the masses when they announce a truly stunning result in late August.
I might be tempted if it drops a bit more. I would be surprised if it broke down below the trading range but if Winner bails at around $2.69, that would be a bullish sign to me based on how the price action has gone vs your $3 calls.