Time to re-name that department - "BIG Investor relations"!
;)
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Time to re-name that department - "BIG Investor relations"!
;)
Here is something that continually baffles me.
E.g. Auckland to London 15-Jun-16, return 29-Jun-16 (but the results are typical of most dates).
Cheapest options:
via Air New Zealand website:
out AIR/Cathay $1,393 (26h 20m)
rtn Virgin/Cathay $1,640 (26h 30m)
Total $3,033.00
(1 stop Hong Kong both ways)
via Lufthansa website:
out Cathay/Luft/Luft $992.87 (28h 55m)
rtn Luft/Luft/AIR $1350.50 (29h 20m)
Total $2,342.97
(2 stop Frankfurt/Hong Kong both ways)
Both AIR & Lufthansa are both Star Alliance (whilst Virgin & Cathay are not)
Not only but also.
There are also pure Cathay/AIR options which are more than $500 cheaper if booked via Cathay than AIR.
Best Wishes
Paper Tiger
I sympathise with companies which want to confine the audience at investor days to people who are sophisticated in financial matters. I've attended AGMs where the questions from the floor from "ordinary punters" were so basic, or obsessed, it was excruciating all round. With the technology today it should be required of listed companies that they post unedited video proceedings at investor days on their websites, so that the great unwashed can see what went on and be assured of disclosure for all. With the media in general having lost the capacity and inclination to present significant reports on corporate going-ons, this is one way in which current and potential shareholders can at least get the news, and see the spin, from listed companies and so be better assured of continuous disclosure.
I just can't this chart out of my mind, esp if you extend the red line down to $1.50 odd
It says everything that Hoop has said about 'cyclicals' - esp airlines
The sage advice from my new friend I met in Queenstown the other say says "winner, airline stocks can be very rewarding but only buy at the bottom of the inevitable cycle and never never buy near the top" (short term trading doesn't count)
Code share or alliance partners are free to set their own prices.
Air NZ's higher prices show the power of their marketing muscle in NZ vs other airlines.
The situation is reversed Singapore to Auckland. Air NZ sells seats on Singapore Airlines flights at up to 50% less than Singapore Airlines does.
In totally agreement.
At one agm I went to about 4 years ago the Chairman pointed out that the questioner was at the wrong meeting.!!
Offcourse the news media only reported what the questioner said.
What I have found good value is attending company presentations our local brokers have organised.The presenters either CEO or CFO really go out of their way to answer your questions.