Merged: Virgin Blue Share Price - how low can it go and for how long?
positivegee,
You couldn't be farther from the truth if you tried! The building was built on the proviso that once it was completed, it would be sold and then leased back....this was the intention right from when the drawing was on the board.
You couldn't be farther from the truth if you tried! The building was built on the proviso that once it was completed, it would be sold and then leased back....this was the intention right from when the drawing was on the board.
Can't say I always believed it, but I seriously doubt we are going broke ... at least the sharemarket doesn't seem to think so, with share price up 9% to .555 cents today. I note also from the Dow Jones wires that RBS has upgraded VB from HOLD to BUY, with a target of .70 cents. Time will tell.
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+ G, good on ya mate for your well informed consideration. With you on our side, hopeing for the best against ALL the odds, we just may pull this bucket of bolts together and all come out the other side...
Plonker...
Plonker...
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ROI
For what it is worth, I bought a big chunk of VBA shares on 15th April (2009) for 0.3350 . . . today they are worth 0.5550, which is a 65% return on investment in 6 months. I also bought a significant quantity of QAN at a similar time for 1.95 and now they are worth 2.99 (53% increase) and big bunch of REX for 0.90, which are now worth 1.32 (a 46% increase).
So all in all I am not complaining about the state of our airline industry . . .
Cheers
Pedota
So all in all I am not complaining about the state of our airline industry . . .
Cheers
Pedota
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positivegee,
You couldn't be farther from the truth if you tried! The building was built on the proviso that once it was completed, it would be sold and then leased back
You couldn't be farther from the truth if you tried! The building was built on the proviso that once it was completed, it would be sold and then leased back
+G
What a stupid comment with 600mil in the bank and break even f/c.
What a stupid comment with 600mil in the bank and break even f/c.
+ G, good on ya mate for your well informed consideration. With you on our side, hopeing for the best against ALL the odds, we just may pull this bucket of bolts together and all come out the other side...
Plonker...
Plonker...
(memo to me: Tip#2 If ever I start an airline I must remember to say in the prospectus that the company always intends to sell some or all of its infrastructure some time in the future and this in no way indicates anything at all about the state of the company if ever it occurs.)
Last edited by positivegee; 21st Oct 2009 at 13:38. Reason: replaced codes with quotes
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For what it is worth, I bought a big chunk of VBA shares on 15th April (2009) for 0.3350 . . . today they are worth 0.5550, which is a 65% return on investment in 6 months. I also bought a significant quantity of QAN at a similar time for 1.95 and now they are worth 2.99 (53% increase) and big bunch of REX for 0.90, which are now worth 1.32 (a 46% increase).
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I don't wish to engage in 'thread drift' or be seen to be giving investment advice . . . but quickly other 'main' stocks I bought around the same time did about as well as the airlines (ANZ - 40%; CBA - 33%; BHP - 51%; WES - 33%). However, some companies in the sector I know something about have been stellar (DWS - 165%; SMX - 115%).
Cheers
Pedota
Cheers
Pedota
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Multi Fleet
Of course BG will add more widebody aircraft to the fleet. Its part of his Sir Peter Ables strategy of incompetence,add more and more different aircraft type and increase your labour costs. Accountants should stick to accounting.
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Word around is the deferred 773's are now back in the frame, The lure being mega big discount on some 738/9's to replace older airframes.
More E-Jets and a trip to France to have a chat about an A350 that can do AUS-JFK/LHR non stop.
More E-Jets and a trip to France to have a chat about an A350 that can do AUS-JFK/LHR non stop.
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Interesting stuff indeed bigger hammer.
If they change the livery lets hope they dont go for red. It fades and the repaint cant be cheap. Saw a jungle jet the other day that already looked a little chalky on the paintwork.
I've got a bit of a gut feeling that the announcement is going to include turboprops..
If they change the livery lets hope they dont go for red. It fades and the repaint cant be cheap. Saw a jungle jet the other day that already looked a little chalky on the paintwork.
I've got a bit of a gut feeling that the announcement is going to include turboprops..
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NeedABiggerHammer, you said :
Now that's a bit harsh isn't it ?
Obviously you are part of VB's senior management if you speak like that about Ansett. None of the frontline workers would dare speak with such hostility because those sorts of words don't represent VB's commitment to 'keeping the air fair' or 'upholding value's' and Virgin flair !!
So much emotion in your comments. At least you manage to keep VBPCGUY all excited !
It's gone, it's dead and it is well and truly burried thank god. The greatest thing to happen to Australian aviation was the demise of AN - My apologies to all employees who suffered both financially and emotionally as my comment is not directed at you in any way.
Obviously you are part of VB's senior management if you speak like that about Ansett. None of the frontline workers would dare speak with such hostility because those sorts of words don't represent VB's commitment to 'keeping the air fair' or 'upholding value's' and Virgin flair !!
So much emotion in your comments. At least you manage to keep VBPCGUY all excited !