22 cents in the good, time to consider my return now rather than dividend later...:-0
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Acknowledge there's a lot of debate about whether to include or exclude the dividend in terms of technical analysis but given its size, if we add back in the 25 cent special dividend, what do you make of the chart Hoop ?
If we hit PT's valuation of $2.32 I'll probably sell at that point.
Yes indeed:)
Still good shopping at $2 with 10% net divvy likely for some time.
a chance to touch $3 in 12 months I'd say (Donald Trump has won the US election, nothing seems impossible nowadays, it is all rational at the end of day) :)
Its hard to argue with that logic. Always risks to the downside and upside but there's not many companies on the NZX capable of paying a sustainable 13.8% gross dividend yield. (20/201) / 0.72
Classic dividend hounds stock.
https://www.nbr.co.nz/article/electr...ards-ns-196924
So...with all their electric vehicles costing many millions of dollars they save 65,000 litres of fuel per annum, about the same amount required to fuel up a Dreamliner for a one way trip, once. Hmmmm.
More to the point they should get recognition for working swiftly towards a modern fuel efficient fleet which actually will make a meaningful difference.
Can't help wondering if the judges realise that AIR has a forecast fuel consumption this year of 8,717,190 barrels of fuel = 1,387,602,304 litres so their expensive electric vehicle investment saves 1 / 21348 the year. Meaningful difference...you folks be the judge.
The EV's get them some nice press so probably worth it.
I did this yesterday, and the chart looks VERY different with the latest dividend factored back in. Basically, it hit rock bottom at 2.06 shortly after my entry a few months back, and has since oscillated between there and 2.30. It creates a very different impression to the chart that most of us pore over day after day.... :)
Agree x 3. Would be nice if they got the recognition they deserve for the reasons that really make a difference, (very young fuel efficient fleet).
Yes Oldguy, add back the huge special and the chart looks quite good to me. Clearly trading above the 100 day moving average...not many shares on the NZX 50 are doing that at present, (considering we're still basically in market correction territory ~9% down from Sept).
To create an accurate SP+dividends chart with MA's, trendlines etc that could be used for technical (chart) analysis, all historical dividend data for AIR should be incorporated. To plot dividend adjusted data (divi removed) and then arbitrarily add back in just the last dividend manipulates the data and creates a meaningless chart.
For example using a reference to two datasets that we do know about, if you took the NZX Capital Index for all time and added in only the dividends from all companies at their last reporting date, the resulting chart would be neither a NZX Gross, nor an NZX Capital dataset. I don't know what you would call it, except meaningless.