Obviously a Medium/Long hold strategy would be the only option, but at what price would you look at QAN and say pull the trigger?...
I'm just watching it for my own intrigue, but what do the investors think? Im looking at this with the knowledge of basic Accounting and Investment subjects done at Uni before I changed courses.
And as ElZincho said, how can you go from $2.6b back to profit in 6 months from the following:
QANTAS OUTLOOK
The Group expects a return to an Underlying Profit Before Tax in the first half of FY15, subject to factors outside its control.
This is based on the following expectations:
- A target of $300 million of Qantas Transformation benefits to be realised in the first half.
- A stabilising operating environment, as market capacity growth subsides.
- First half fuel costs in line with the first half of FY14.
- The repeal of the carbon tax.
- Reduced depreciation costs compared with the first half of FY14.