Originally Posted by
Roger
Its only natural that when the SP declines people will be looking for someone to blame, I guess that's the flip side, the ugly side of human nature.
Many are happy when I'm expending heaps of unpaid hours trying to improve the companies restricted persons insider trading policies for everyone's benifet but if I think they're good buying in the mid - late $2 range, (goes without saying they were better buying in late 2014 at $2 when I am very enthusiastic and bought up large), and the price comes back from there its my fault...go figure...
I get PM's and e.mails from time to time, (as I am sure many other regular contributors do), thanking me for my insights and posts when SP's of companies go up but its not unexpected that none arrive when the SP goes down.
If anyone's interested I remain confident AIR can earn an average across the cycle of 30 cps with their expanded modern fleet and when the dust settles and AIR extricate themselves from VAH I remain of the view that SP will more accurately reflect the underlying value of the business. I remain of the view that the consensus analyst valuation at $2.82 is conservative.
(Not to be considered professional advice DYOR "mate").