That is the only reason in my view we would be granted a special..given recent track history, management are tight as.
Printable View
Looking at the trading pattern over past few days, looks like Mr Market is saying 228-230 is fair value with expected final+special divvy loaded at around 20-25c which makes ex-div price to be around 210-215 range going forward.
.....so when can we expect this special plus final to be announced. Are we (nearly) there yet??
No it hasn't I understand but the JQ12 passengers got back to OOL yesterday morning on another Jetstar 787 sent up to retrieve them.
The Jetstar 787 uses the GE GEnx engines, there are reports that the engine had a low oil light warning on the 3 month old engine that had replaced an engine that had only been in service for nine months (replaced for an undisclosed 'fault'). There is a FAA directive regarding that engine type on the 787 regarding unexpected engine shutdown but indications that this problem isn't related to that fault. Qantas has an order for several more with the GEnx turbofans that it was planning to replace their last 747s with.... so they will be having a few conference calls with GE over the next few weeks given that there has been some 'operational issues' with the GEnx on the 787.
If you are wondering, the Air NZ 787-9 uses the Rolls Royce Trent 1000 as do the 787-8 of ANA - they were the launch customers for the -8 and -9 models - although there are GEnx variants for both of these models now available.