http://www.nzherald.co.nz/business-t...ectid=11806210
Nothing new here, just posting how the herald reported it.
Fact is analysts got this half very wrong especially Mr Bowley of Forsyth Barr who will have a very busy weekend cleaning all the egg off his face.
Closest to the mark was our very own friend Winner69 with his $300m+ prediction. The hounds $245m prediction was before tax and was over $100m light, proof the he doesn't always get over exuberant with one of his favorite stocks.
I am not surprised to see the SP rally on the back of this result. Fact is AIR are highly profitable in this new highly competitive market and are likely to remain that way.