Merged: Virgin Blue Share Price - how low can it go and for how long?
Join Date: Oct 2004
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Are you sugesting that EK buy out V Oz? My understanding is that any buyer of V Oz must be more than 50% Australian owned. For EK to do that, they would have to find an Australian partner who would take the required percentage - with what's happening in the world economy right now, I don't think that EK could find such a partner.
However could they be sold 49% of VOZ? This would definitely raise money for VB and by introducing codeshare with EK throughout Australia, the Pacific and West Coast US would provide EK with valuable traffic. Velocity is already a partner with Emirates, and VB is a Skywards partner so there is already a foot in the door.
Who knows what EK think of QF and EY hook up?
Its funny that in Melbourne the AFL is kicking up a stink about Etihad Stadium and conflicts with QF and EK sponsership of the league. In hindsight this can only be coming from EK as QF and EY are now in bed together.
Food for thought.
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abc,
I think your'e dreaming. This is a "super" recession. One that will take some time to crawl out of. Reduced demand = loss of employment worldwide.
Most sensible people would take the view that this is a time for hoarding cash, not swanning around in one of VA or VB's debt vehicles.
Recession indicators are abundant in previous quarter fiscal results worldwide. These are facts. Ignore them at your peril.
It's not simply a matter of talking about "a few weeks" of VA operation. That's incidental. The issues are (once again) VB/VA debt levels, cash reserves, and a very poor trading outlook.
There will always be those who buy shares such as VB on spec. They are trading the market noise hoping to make a few dollars on a few cents change in price. That's pure speculating, not buying because of company value.
I, for the life of me, can't see any value in Virgin Blue Holdings the way it is now.
I think your'e dreaming. This is a "super" recession. One that will take some time to crawl out of. Reduced demand = loss of employment worldwide.
Most sensible people would take the view that this is a time for hoarding cash, not swanning around in one of VA or VB's debt vehicles.
Recession indicators are abundant in previous quarter fiscal results worldwide. These are facts. Ignore them at your peril.
It's not simply a matter of talking about "a few weeks" of VA operation. That's incidental. The issues are (once again) VB/VA debt levels, cash reserves, and a very poor trading outlook.
There will always be those who buy shares such as VB on spec. They are trading the market noise hoping to make a few dollars on a few cents change in price. That's pure speculating, not buying because of company value.
I, for the life of me, can't see any value in Virgin Blue Holdings the way it is now.
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Do not think there will be a please explain from the ASX!
VB released preliminary operating statistics for January and the year to date figures. These exceeded market expectations in the downturn in aviation as a result of the global economic crisis.
This has increased investor confidence that VB is appropriately managing the shift in consumer demand as evidenced by the capacity adjustments over the coming months. Coupled with VB's cost reduction methods of late last year and those for the remaining fiscal 2009 as well as the company strategy to "hoard cash", the market has confidence that VB will be well placed to "ride out the storm".
Now before everyone jumps in and says "V Aus, V Aus, V Aus, the rope around the neck". Remember that plans are in place to manage V Aus as a negative cash flow operation for at least 18 months.
I am certainly glad that i do not take advice from the "negative news team" here at PPruNE, i focus on facts an figures in my decision process.... hype and hysteria, partially media driven is what keeps people affraid and prolongs the period of recovery.
Lets keep the negativity limited to actual facts...not in the realm of armchair specialists!
Regards and safe flying!
Ratter
VB released preliminary operating statistics for January and the year to date figures. These exceeded market expectations in the downturn in aviation as a result of the global economic crisis.
This has increased investor confidence that VB is appropriately managing the shift in consumer demand as evidenced by the capacity adjustments over the coming months. Coupled with VB's cost reduction methods of late last year and those for the remaining fiscal 2009 as well as the company strategy to "hoard cash", the market has confidence that VB will be well placed to "ride out the storm".
Now before everyone jumps in and says "V Aus, V Aus, V Aus, the rope around the neck". Remember that plans are in place to manage V Aus as a negative cash flow operation for at least 18 months.
I am certainly glad that i do not take advice from the "negative news team" here at PPruNE, i focus on facts an figures in my decision process.... hype and hysteria, partially media driven is what keeps people affraid and prolongs the period of recovery.
Lets keep the negativity limited to actual facts...not in the realm of armchair specialists!
Regards and safe flying!
Ratter
Operating stats for January just released.
Maybe that would explain the increase in the share price. Up 20% at time of writing....wish I'd bought at .15c. The shares have been trading in high numbers since opening this morning.
Join Date: Aug 2005
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Ratter , the burning question is how much in the negative for V AUSTRALIA are they prepared to cop. Delta have opened the batting fom the USA side of the pond with a seven hundred and seventy seven dollar return fare with a flat two hundred dollar fare for ongoing to other ports within the USA. (including New York) .
It will be interesting to see what the other players will do.
SQ will be sitting back patiently waiting for the blood to be fully spilt.
The cadavers will be cheap.
It will be interesting to see what the other players will do.
SQ will be sitting back patiently waiting for the blood to be fully spilt.
The cadavers will be cheap.
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Hi Priapism,
Your handle brings tears to my eyes... anyone who is unaware of what Priapism is i would suggest a Wikipedia search....... OUCH!
As to your rebuttal with Delta's Fares, remember that they unbundle their prices, so including taxes they are around $1100 return. If that is Aussie dollars then that is not too dissimilar to V Aus but if it is $US then they are well above V Aus in price.
Not sure how much loss VB will wear but with better than expected start up load factors and freight carriage I hope it will not be too significant. It is important to highlight that of the $60 million of the investment in V Aus start up a large proportion of that was one off costs due to the delay courtesy of Boeing machinist strike.
The next results report will paint a much clearer, and i expect slightly better picture. Without being an expert I think the share price is on a modest rebound for a while but don't hold me to that!
Ratter
Your handle brings tears to my eyes... anyone who is unaware of what Priapism is i would suggest a Wikipedia search....... OUCH!
As to your rebuttal with Delta's Fares, remember that they unbundle their prices, so including taxes they are around $1100 return. If that is Aussie dollars then that is not too dissimilar to V Aus but if it is $US then they are well above V Aus in price.
Not sure how much loss VB will wear but with better than expected start up load factors and freight carriage I hope it will not be too significant. It is important to highlight that of the $60 million of the investment in V Aus start up a large proportion of that was one off costs due to the delay courtesy of Boeing machinist strike.
The next results report will paint a much clearer, and i expect slightly better picture. Without being an expert I think the share price is on a modest rebound for a while but don't hold me to that!
Ratter
Nunc est bibendum
Delta won't get much market share if they're going at $700+++USD a pop.
I don't think VOz and QF have much to worry about from Delta.....yet.
March 15, 2009 – by Ben Sandilands
from Plane Talking
It is getting raw and bleeding for the airlines across the Pacific. At this moment by astonishing coincidence Qantas and V Australia have $971 return fares on sale between Sydney and Los Angeles including hundreds of dollars in various levies and taxes.
In the US the comparable deals are just under $US 600, or pretty much the same at the current exchange rate...
from Plane Talking
It is getting raw and bleeding for the airlines across the Pacific. At this moment by astonishing coincidence Qantas and V Australia have $971 return fares on sale between Sydney and Los Angeles including hundreds of dollars in various levies and taxes.
In the US the comparable deals are just under $US 600, or pretty much the same at the current exchange rate...
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Do you think there's a chance you might be a bit overbearing, casting yourself over the thread, as you have?
Go ahead, buy Virgin stock. While you're at it, why not tell everyone about the other great things you get up to in life...
Go ahead, buy Virgin stock. While you're at it, why not tell everyone about the other great things you get up to in life...
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lexus pffffft, shadow tell that wife of yours to show some class.
F&@k all shares traded hands @ 15c and none of them made it into shadows account if by chance some of them did, his stellar gains wouldn't buy him a used commodore.
F&@k all shares traded hands @ 15c and none of them made it into shadows account if by chance some of them did, his stellar gains wouldn't buy him a used commodore.
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tsalta
As if he's going to meet with you. The guy likes his anonymity and rightly so. He's taken a huge risk by coming on pprune and posting something positive about Virgin Blue. You can get murdrered around here for doing something like that.
Shadow- you seem to have rattled their cage. Very enjoyable
Shadow- you seem to have rattled their cage. Very enjoyable
Last edited by biton; 19th Mar 2009 at 00:30.
This week seems a bit soon. Hear it's more like the end of March before anything is announced or has it been dragged forward by speculation on the share price.
Tiger people I know have the nod to get ready to move out of the shed in Melbourne and other airports are reporting definite contingency plans.
May we all live in interesting times.... True Qrewroom may rumble with the Singapore girl finally getting her way on the Pacific but hows Delta going to react
(outside hedge it's Emirates but I don't think so
)
Tiger people I know have the nod to get ready to move out of the shed in Melbourne and other airports are reporting definite contingency plans.
May we all live in interesting times.... True Qrewroom may rumble with the Singapore girl finally getting her way on the Pacific but hows Delta going to react
(outside hedge it's Emirates but I don't think so
)
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I would love to have some positive news about VB and post it here.
7378FE