http://www.4-traders.com/AIR-NEW-ZEA...more-24570377/
My goodness $5.35....QAN getting a bit "overweight" in more ways than one :) http://www.msn.com/en-nz/news/nation...cid=spartandhp
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http://www.4-traders.com/AIR-NEW-ZEA...more-24570377/
My goodness $5.35....QAN getting a bit "overweight" in more ways than one :) http://www.msn.com/en-nz/news/nation...cid=spartandhp
Gee whiz - a close of 307
That 300 mark should become support now - and at 307 a bit of wiggle room
Looks like 320 plus on the way - esp as the world seems so happy at the mo.
No worries
When we win the America's Cup punters will show a bit of short term euphoria and push the share price p 10 cents from wherever it is at the time.
I will admit I made a mistake in selling half my holdings at the mid 2.30 range but took some gains at the time that I was happy enough to lock in and I wanted to hedge my bets after seeing so much volatility and no end of weakness, this perhaps made me 2nd guess my strategy and confidence in the SP which I believed to be worth considerably more however the market didn't agree for so long I made a decision to sell that half without backing myself more, I have been tempted to get rid of the other half a couple of times of late but its not a very big holding so not too worried either way and happy to see the SP continue to climb.
No reason to beat yourself up. While obviously in this case the market decided to push the SP uphill after your sell - nobody can predict future share prices (no matter how smug some people sound with 20/20 hindsight) ... and much more important: Nobody ever went broke by locking in (taking) small gains (vs risking big losses).
I've been really enjoying it, better than Rugby in my humble opinion. No question it would give a really meaningful boost to the N.Z. economy, tourism and AIR if we win it. I think with the slight delay in new A320 and A321 Neo's reducing capex in FY18 by ~ $170m we might be looking at 12-13 cps final this year, (my previous thinking was 10 cps). Still expecting annual dividends fully imputed or around 20 cps across the cycle and special dividends of circa 25 cps per annum in FY20, FY21 and FY22 all fully imputed when the capex program is in a sharp lull. Dividend hounds are going to get very fat from all those dividends over the next five years. This hound remains extremely well positioned beside my food bowl of course :)
Speaking of nice boosts, I wonder how we get Sir John Key to join SUM other board ?
Please no Roger re Mr Key, I don't want a reason to sell my SUM shares.
Are we there yet?
Still strong and trending IMO - won't be selling at $3.10 after all sorry
I definitely agree about the not beating yourself up bit. that's exactly what I was thinking. But I suggest you rethink your last statement.
Taking small gains while risking large losses is a bad strategy imo. akin to picking up dimes in front of steamroller is the phrase that describes.