One thing we can say about Rob Mercer : he is a perennial optimist about Air New Zealand. No doubt he has his reasons for never having a bad word for A-NZ.
For example, on 7th April
2010 the following appeared on sharechat.co.nz :
"
Air New Zealand (AIR): Bullish analysis by brokers Forsyth Barr and denial that its highly regarded chief executive, Rob Fyfe, was planning to leave the company gave the national airline a strong boost in trading yesterday, while the ongoing attraction of New Zealand as a destination for Australian tourists is further enhanced by the ongoing divergence of the trans-Tasman currencies. Head of research for Forsyth Barr, Rob Mercer, is targeting $1.80 to $1.90 for AIR shares in the next year, and as high as $2.30 over the next two years."
Air New Zealand currently trades at $NZ1.13.
Good call, Rob.
