LOL, not going there again for quite SUM time ! Definitely not in "Dire Straights" lol...but thank you for the idea...one of my daughters "borrowed" a couple of my Dire Straights CD's and of course I've never seen them again.
Printable View
Just had a thought Winner. $60m in annual savings = $43m after tax. At a mid cycle PE of 10 capitalised that's worth $430m or about 38 cents per share on the share price. Pretty cool eh. Market is pretty clever and is in the process of putting that 38 cents onto the share price. Back to $3 + next year if not sooner.
Chris's replacement just been hired????
http://nzx-prod-s7fsd7f98s.s3-websit...699/297643.pdf
Analysts (including the highly respected FNZC as Beagle described them the other day) not overwhelmed with yesterdays news
What did Licoln say 'You can fool all the people some of the time, and some of the people all the time, but you cannot fool all the people all the time.'
https://www.nzherald.co.nz/business/...ectid=12217467
VIRGIN AUSTRALIA STRUGGLES POST BREAKUP
https://traveltalk.nz/news-opinion/v...-post-breakup/
Well, unlike the gullible round here he can see the announcement for what it actually is.
A mix of what they were doing anyway and what they should have been doing anyway.
I still maintain my recommendation to only buy this flying circus at a considerable discount to fair value.
You and Winner are just a sour you couldn't steal some off others at under $2. If you didn't trip over your own bias you could have had some at $2.23 and been up 13% in less than ten days :p
No interest in ramping this one, holding for the long term for dividend income and looking to add more so no point in ramping is there !
Getting 12.3% yield beats counting beans for a living I tell ya !
https://www.nzherald.co.nz/business/...ectid=12217134
Very robust debate about this one this week. Suppose it all depends if one sees the glass as half full or half empty or if one simply prefers drinking from plastic cups instead.
Thing is regardless of whether the glass is half full or half empty...does it really matter if you're only paying for half a glass of water and they keep adding 12%+ to it every year...