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QF shares hit $2.00, discuss

Old 8th Jun 2011, 03:06
  #61 (permalink)  
 
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Both being down does not make it "OK".
The problem is shareholders and what they are prepared to pay for a little piece of Qantas. In the month of June they have broken lockstep.VBA has broken its trend, at this time.
It is only a shareholder revolt that will change things at Qantas.They own the company.
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Old 8th Jun 2011, 04:21
  #62 (permalink)  
 
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angryrat,

You forgot:

Leigh Clifford - Senior Advisor to KKR (Kohlberg Kravis Roberts & Co.)

You should send the list to an investigative journalist and see whether there are some interesting goings on. Something doesn't seem right in Kansas IMHO.
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Old 8th Jun 2011, 04:38
  #63 (permalink)  
 
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Angry Rat,

Ansett Worldwide Aviation Services has never been in administration. They were and are a completely different company to Ansett Australia which went into VA in 2001.

GB
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Old 8th Jun 2011, 04:59
  #64 (permalink)  
 
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Peter Costello would be the man to turn the place around.

Lots of presence, can actually speak in public and has the political connections. He also knows how to manage money and deliver surpluses (share holder returns) while promoting growth.

That is you can look past the train wreck of 'work choices'
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Old 8th Jun 2011, 05:17
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Ansett Worldwide Aviation Services has never been in administration.
Correct

They were and are a completely different company to Ansett Australia which went into VA in 2001.
They were a wholly owned subsidiary of Ansett that was sold off in 2000. It was the aircraft leasing arm of Ansett and are still running today under a different name. IMO, still part of Ansett in its darkest days

Hi EWP,

With regard to Lyell, I will leave it open then. I don't know Lyell and maybe he is up to the job. Are you suggesting he is not in agreement with the current management and would be into implementing a better strategy?
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Old 8th Jun 2011, 05:24
  #66 (permalink)  
 
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Ahh, you're all missing the #1 contends! Bruce will do a fine job and pick up where da little fella left off.

Fiddle de dee!
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Old 8th Jun 2011, 10:57
  #67 (permalink)  
 
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I might buy a packet worth $500 when they reach 0.10!
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Old 8th Jun 2011, 12:15
  #68 (permalink)  
 
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Rob Gurney
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Old 8th Jun 2011, 12:16
  #69 (permalink)  
 
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Hi EWP, or should I say Lyell, .

I hear what you are saying and I will take it with some trepidation. My fears are that we are heading down the old Ansett path, with the same characters at the front of the train and to be honest, I just don't trust any ex-Ansett management at the current time.

Even Dixon was from Ansett and he started the rot and the greed Like hadagutfull, this just sickens me.

Hi What The,

No I didn't forget Clifford, I left him out deliberately because I think he is a separate story in himself and I knew someone else would bring him up. IMO, massive pressure is being applied on all at the top at the moment and his little outburst confirms a number of things in my mind.
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Old 8th Jun 2011, 12:25
  #70 (permalink)  
 
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Rob Fyfe perhaps
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Old 8th Jun 2011, 13:13
  #71 (permalink)  
 
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Angryrat, don't tell me Clifford has skeletons in his Chairmans Lounge closet?
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Old 8th Jun 2011, 13:42
  #72 (permalink)  
 
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Chairman's Lounge? I have heard of it, never seen it
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Old 8th Jun 2011, 14:16
  #73 (permalink)  
 
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Lyell Strambi recruited Joyce to Ansett. If Strambi had not done so Joyce would most likely would still been with Aer Lingus and not celebrating his 45th birthday in Sydney on 30 June.
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Old 8th Jun 2011, 21:46
  #74 (permalink)  
 
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During AJ's recent hospital stay, Strambi put out some internal emails condemning the engineers' EBA tactics. He appeared to be singing from exactly the same hymn book as GD, AJ et al. If those emails are an example of Strambi's employee relations, I wouldn't be putting my eggs in that basket as the solution to QF problems. Of course, it may have all been bluff...
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Old 9th Jun 2011, 02:27
  #75 (permalink)  
 
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It can't be ANY of the Dixon/Joyce club. They have all drunk from the poison chalice and can see no other way than the Orange way.

We need a new management team who want AND KNOW how to grow a company.

Wouldn't that be a pleasant change!!
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Old 9th Jun 2011, 02:50
  #76 (permalink)  
 
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Was today's ACCC announcement not well received??

ACCC GRANTS INTERIM APPROVAL TO QANTAS AND AMERICAN
AIRLINES JOINT BUSINESS AGREEMENT

The Australian Competition and Consumer Commission has granted interim
authorisation for a proposed Joint Business Agreement (JBA) between Qantas and
American Airlines.


Under the proposed JBA, the airlines will coordinate operations on services between
Australia/New Zealand and the United States (the trans-Pacific routes), and on their
respective services which support the trans-Pacific routes. Qantas and American
Airlines do not currently compete directly on any routes.


Interim authorisation will enable the parties to undertake a coordinated sales and
marketing campaign in both Australia and the United States. Qantas recently
commenced services to Dallas/Fort Worth and has sought interim authorisation to
support this service. The granting of interim authorisation in no way binds the ACCC
in its consideration of the substantive application for authorisation.

Authorisation provides immunity from court action for conduct that might otherwise
raise concerns under the competition provisions of the
Competition and Consumer
Act 2010.

Broadly, the ACCC may grant an authorisation when it is satisfied that the public
benefit from the conduct outweighs any public detriment. The ACCC has sought
submissions from interested parties on Qantas and American Airlines' substantive
application for authorisation. A draft decision on the substantive application will be
issued in August/September.
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Old 9th Jun 2011, 03:26
  #77 (permalink)  
 
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CEO letter to "Plane Talking" leads me to believe that the CEO honestly believes he is doing a good job and none of this is caused by poor management.

I do believe they are deluding themselves. Frankly I am amazed.
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Old 9th Jun 2011, 06:19
  #78 (permalink)  
 
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AMP obviously saw the writing on the wall and sold the last of their interests on the 4th.

Just mums and dads left around the campfire
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Old 10th Jun 2011, 01:14
  #79 (permalink)  
 
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Total Shareholder Return

1 Year -13.6%
3 Years -12.1%
5 Years -4.5%
10 Years -1.3%

No recent dividends, no know growth prospects for the future, no interest from institutional investors, no positive coverage from any investment banks...

No wonder there are 3 sellers to every 1 buyer of QAN at the moment.
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Old 10th Jun 2011, 02:04
  #80 (permalink)  
 
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Probably already posted somewhere, but an interesting link from an asx writer:

Which Aussie Icon is on the Ropes?
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