Merged: Virgin Blue Share Price - how low can it go and for how long?
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And copper is lower than it was ten days ago.
Equal to what it was a month ago.
Lower than three months ago.
Your point is?
halas
PS: With no one buying and speculators allowed to run stupid, what do expect?
My prediction is down!
Equal to what it was a month ago.
Lower than three months ago.
Your point is?
halas
PS: With no one buying and speculators allowed to run stupid, what do expect?
My prediction is down!
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And what if it is, a great achievement for a regional airline to buy out a major. On the flip side of the coin we all grizzle about LKH but you have to say he is a shroud business man.
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VBA- ASX Query: 12 Mar 09
Article ex the SMH site re: ASX Query of 12 March 09- ref: Price and Volume
Virgin Blue can't explain share crash
March 13, 2009 - 11:52AM
Budget airline Virgin Blue says it cannot explain the recent crash in its share price, other than reasons such as market volatility and the global financial crisis.
Responding to a query from the Australian Securities Exchange (ASX), Virgin Blue said it had no reason to believe its operating profit for the year to June 30 would vary by more than 15% from earlier guidance.
Australia's second biggest carrier also said it had no reason to think that any material abnormal or extraordinary profit would be recorded, other than as previously disclosed.
Virgin Blue said apart from the current market volatility it was not aware of any reasons that would explain the fall in its share price.
"The company is not aware of any other explanation for the price change and increase in volume in the securities, other than the current market volatility and economic uncertainty,'' it said in a statement on Friday.
"There is no reason to think that there may be a change in the operating profit so that the figure would vary from previous guidance by more than 15%.''
The ASX questioned Virgin Blue's share price drop from 28 cents on 25 February to a low of 15 cents on March 12.
The airline's shares were up 1.5 cents, or 9.1%, to 18 cents, as the broader market powered ahead.
AAP
March 13, 2009 - 11:52AM
Budget airline Virgin Blue says it cannot explain the recent crash in its share price, other than reasons such as market volatility and the global financial crisis.
Responding to a query from the Australian Securities Exchange (ASX), Virgin Blue said it had no reason to believe its operating profit for the year to June 30 would vary by more than 15% from earlier guidance.
Australia's second biggest carrier also said it had no reason to think that any material abnormal or extraordinary profit would be recorded, other than as previously disclosed.
Virgin Blue said apart from the current market volatility it was not aware of any reasons that would explain the fall in its share price.
"The company is not aware of any other explanation for the price change and increase in volume in the securities, other than the current market volatility and economic uncertainty,'' it said in a statement on Friday.
"There is no reason to think that there may be a change in the operating profit so that the figure would vary from previous guidance by more than 15%.''
The ASX questioned Virgin Blue's share price drop from 28 cents on 25 February to a low of 15 cents on March 12.
The airline's shares were up 1.5 cents, or 9.1%, to 18 cents, as the broader market powered ahead.
AAP
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There's a time to buy and a time to be sly....
Well lucky old me knows a bit more than everybody else (apparently) on this thread - so I've bought up big-time at 15cents per share.
It might take a few years but the upside potential is quite a few hundred percent.
That's one advantage of knowing just a little more than the market seemingly does. Not insider trading, it's just that i know someone that knows someone - and that someone has access to game-plans and process. If you think Ryanair exercises native cunning, just "watch this space" in respect of VB's future directions.
Virgin Blue doesn't know why? Yeah, right. Watch the buy-up volumes in the very near future.
It might take a few years but the upside potential is quite a few hundred percent.
That's one advantage of knowing just a little more than the market seemingly does. Not insider trading, it's just that i know someone that knows someone - and that someone has access to game-plans and process. If you think Ryanair exercises native cunning, just "watch this space" in respect of VB's future directions.
Virgin Blue doesn't know why? Yeah, right. Watch the buy-up volumes in the very near future.
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Well lucky old me knows a bit more than everybody else (apparently) on this thread - so I've bought up big-time at 15cents per share.
It might take a few years but the upside potential is quite a few hundred percent.
That's one advantage of knowing just a little more than the market seemingly does. Not insider trading, it's just that i know someone that knows someone - and that someone has access to game-plans and process. If you think Ryanair exercises native cunning, just "watch this space" in respect of VB's future directions.
Virgin Blue doesn't know why? Yeah, right. Watch the buy-up volumes in the very near future.
It might take a few years but the upside potential is quite a few hundred percent.
That's one advantage of knowing just a little more than the market seemingly does. Not insider trading, it's just that i know someone that knows someone - and that someone has access to game-plans and process. If you think Ryanair exercises native cunning, just "watch this space" in respect of VB's future directions.
Virgin Blue doesn't know why? Yeah, right. Watch the buy-up volumes in the very near future.
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Happy to be where I am at 15c/share
Those who can recognize upside value potential at the perigee of bear-market decline always stand to make the big dough.
perigee: the point in the orbit of a heavenly body, esp. the moon, or of an artificial satellite at which it is nearest to the earth.
As long as "nearest the earth" doesn't involve a grounding due to a fiscal miscalculation, I feel confident that VB will deliver over time. VB has quite a reasonable management team. Lay-offs and route thinning are just signs of the times and "static" obscuring the real background. All the substantive fundamentals of a successful operation are still in evidence at VB.
So laugh all you like.
perigee: the point in the orbit of a heavenly body, esp. the moon, or of an artificial satellite at which it is nearest to the earth.
As long as "nearest the earth" doesn't involve a grounding due to a fiscal miscalculation, I feel confident that VB will deliver over time. VB has quite a reasonable management team. Lay-offs and route thinning are just signs of the times and "static" obscuring the real background. All the substantive fundamentals of a successful operation are still in evidence at VB.
So laugh all you like.
What Rot!
Shadow... sorry to burst your bubble, but the VB shares have not dropped to 15c............ so check your share certificate. You may have bought shares at 15c but they certainly weren't VB's.
Turkey!
Turkey!
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Greenslopes - March 12th ole boy
VBA.AX: Basic Chart for VIRGIN BLU FPO - Yahoo!7 Finance - Share Prices, Charts, News and more
Happy to accept your humiliating retraction.
Study the fundamentals and stop following the happy herd.....
Happy to accept your humiliating retraction.
Study the fundamentals and stop following the happy herd.....
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How many at 15c?
Jim Irwin
The upper side of that three factored range.
If they do go lower I shall buy more, what's more....... in fact lots more.
I've been down this road before - and that's precisely why I feel comfortable travelling it again.
It's just part of a much wider portfolio - so if VBA goes to the wall, it won't matter a lot in the larger scheme of things - from a personal point of view.
The upper side of that three factored range.
If they do go lower I shall buy more, what's more....... in fact lots more.
I've been down this road before - and that's precisely why I feel comfortable travelling it again.
It's just part of a much wider portfolio - so if VBA goes to the wall, it won't matter a lot in the larger scheme of things - from a personal point of view.
Didn't realize they had dipped so low......there you go. I agree the fundamentals of VB are good however V Oz is a millstone round VB's neck. The sooner it is cut loose the sooner the share price will bounce back...oh and a credible replacement for BG. Accountants are great at cutting costs but not so good at value adding.
This upturn in the markets is a false peak, within three months the market will drop and keep dropping for a very long time....I do however hope I'm wrong.
Good luck Shadow..
This upturn in the markets is a false peak, within three months the market will drop and keep dropping for a very long time....I do however hope I'm wrong.
Good luck Shadow..
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Take a Virgin Berth
An honourable submission Greenslopes. Thank you.
If you knew who I was, you'd probably rush out and buy $20K worth of VBA.
Don't complain or be anxious about BG. He's a solid citizen with a sound game-plan and an apt track record .
I don't expect to become a shadow of my former self notwithstanding what may or may not happen to VBA (or VOz). But I do like what I see and hear. It's not unlike a boat being tossed upon stormy waters. As long as its watertight compartments remain intact, once the waters calm it can be bailed out, hoist sails and proceed upon its merry way once again. Stock-market history is replete with such instances of apparent near death and virgin rebirth.
Sometimes I just find such attractive investments irresistible. The last time I got badly burnt was the Atlas Fund in 75. I took advice from a friend who I later found was touting the fund for a commission. It was at that point that I resolved to in future do (and act upon) my own research..... only.
.
If you knew who I was, you'd probably rush out and buy $20K worth of VBA.
Don't complain or be anxious about BG. He's a solid citizen with a sound game-plan and an apt track record .
I don't expect to become a shadow of my former self notwithstanding what may or may not happen to VBA (or VOz). But I do like what I see and hear. It's not unlike a boat being tossed upon stormy waters. As long as its watertight compartments remain intact, once the waters calm it can be bailed out, hoist sails and proceed upon its merry way once again. Stock-market history is replete with such instances of apparent near death and virgin rebirth.
Sometimes I just find such attractive investments irresistible. The last time I got badly burnt was the Atlas Fund in 75. I took advice from a friend who I later found was touting the fund for a commission. It was at that point that I resolved to in future do (and act upon) my own research..... only.
.
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Now that Etihad and QF are getting cosy would another Middle Eastern Carrier be interested in more of a presence in the Pacific. The uniform colours are very similar and the bargain basement entry price would be hard to look past at the moment.
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Hey Petticoat, couple of points. Pays to read the fine print, (did you?), they could have told you to F@ck off for the last 6 to 9 months and come back when it was all up and running, and the reason that nobody from VB was interested before was simply the T's and C's were ****e. The only thing that has changed is that now it could be take it or find another job. Although, you know, it is very convenient now that the financial crisis has made it easy to fill those spots now, far be it from me to say BG is cunning enough to utilise the crisis to his own ends.
BTW, read the Vb eba and see what deals were made. You might be surprised.
BTW, read the Vb eba and see what deals were made. You might be surprised.
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Nothing but arbitrary posts.
By the time Aus gets into a recession the world's worst affected economies would have turned around.
Fact, Aus seems to be the last to always catch up as shown in your posts.(which is in Aus's favor)Hence your backing up with links to websites.
The Aus reserve bank is holding rates at?Thats right.So there is more room to try and stimulate the economy.Should the need be. And by the time Aus needs to drop rates to 0.5% as in other economies, the upswing would have started. Aus in not in the same league as the UK, USA or the EURO, its a different economy and has a different market. Say,20 million people at 3% rates or nearly 1.0 billion at 0.5%, which one would take more of an effect if they each spent a $1 each?
Investors only know what their brokers tell them hence the large daily variations. If brokers were portent, then they by god wouldn't have encouraged margin lending as a means of portfolio diversification(just like the flying Eddie from the ABC sham).
If you want to loose money get yourself a broker lads and spare us the gleeful remarks and hope that Vb goes under. But if we had grown ups on here we would be able to have an intelligent debate without the insults/slang just to have someone heard.
Reuters=Branson is starting mortgage lending and me thinks if if he can borrow cash to lend then the lenders must have some hope in him. Just an oppinon not what the papers say. And any mention of him selling up in either VA/VB? Go back to the last recession and see how he worked the institutions to his advantage.
Sorry no links.
By the time Aus gets into a recession the world's worst affected economies would have turned around.
Fact, Aus seems to be the last to always catch up as shown in your posts.(which is in Aus's favor)Hence your backing up with links to websites.
The Aus reserve bank is holding rates at?Thats right.So there is more room to try and stimulate the economy.Should the need be. And by the time Aus needs to drop rates to 0.5% as in other economies, the upswing would have started. Aus in not in the same league as the UK, USA or the EURO, its a different economy and has a different market. Say,20 million people at 3% rates or nearly 1.0 billion at 0.5%, which one would take more of an effect if they each spent a $1 each?
Investors only know what their brokers tell them hence the large daily variations. If brokers were portent, then they by god wouldn't have encouraged margin lending as a means of portfolio diversification(just like the flying Eddie from the ABC sham).
If you want to loose money get yourself a broker lads and spare us the gleeful remarks and hope that Vb goes under. But if we had grown ups on here we would be able to have an intelligent debate without the insults/slang just to have someone heard.
Reuters=Branson is starting mortgage lending and me thinks if if he can borrow cash to lend then the lenders must have some hope in him. Just an oppinon not what the papers say. And any mention of him selling up in either VA/VB? Go back to the last recession and see how he worked the institutions to his advantage.
Sorry no links.
Posted by wirgin blew
Now that Etihad and QF are getting cosy would another Middle Eastern Carrier be interested in more of a presence in the Pacific.
Now that Etihad and QF are getting cosy would another Middle Eastern Carrier be interested in more of a presence in the Pacific.