Things not looking too rosy at Virgin Blue...
Join Date: Nov 2003
Location: Australia
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So even if Virgin Blue manages to come in at (only) +$90 million, that still puts them ahead of QANDOM and JetStar combined by $57 million, and by > $100 million of Speedy's QANDOM.
Perhaps if VB worried more about their hedging policies instead of Ron Andrews in seat 7c or whatever the F%^% that guys name is on the tv ad, they wouldn't have to be worried about such a significant profit downgrade.
Just remeber there is nothing better than a trimmed hedge!
Just remeber there is nothing better than a trimmed hedge!
Join Date: Mar 2005
Location: Sunshine Coast
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Quite like a well trimmed hedge myself !
A week does not pass by of late when we are introduced to yet another, and another new member of managemnet.
Hope they are saving a few coffee beans for our EBA.
A week does not pass by of late when we are introduced to yet another, and another new member of managemnet.
Hope they are saving a few coffee beans for our EBA.
Join Date: Nov 2001
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Wots happening !!>
Ok,I just checked the market which has been open for about an hour and a half.
Patricks are up 11%
Virgin down 7%
Does this mean that someone has figured out that SIA has no interest in Virgin ?.
Anyone know anything?.
Patricks are up 11%
Virgin down 7%
Does this mean that someone has figured out that SIA has no interest in Virgin ?.
Anyone know anything?.
Join Date: Nov 2003
Location: Melbourne Aus
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Jetblues.
Sure thing mate.
As you predicted it certainly has livened up the Virgin Blue share price.
It's slumped to $1.60 - its lowest price in history.
I bet all those Mum and Dad investors still in (that didnt lose 20% in the $1.90 Patricks offer) will be glad they hung on to those shares.
Down almost 30% on their IPO price.
Now imagine if they'd invested that money in BHP/RIO Tinto or Macquarie Bank shares???
Sure thing mate.
As you predicted it certainly has livened up the Virgin Blue share price.
It's slumped to $1.60 - its lowest price in history.
I bet all those Mum and Dad investors still in (that didnt lose 20% in the $1.90 Patricks offer) will be glad they hung on to those shares.
Down almost 30% on their IPO price.
Now imagine if they'd invested that money in BHP/RIO Tinto or Macquarie Bank shares???
