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QF shares hit $2.00, discuss

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Old 21st Jun 2011, 00:31
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What an embarrasment that QF management has to make such a statement regarding industrial action. Another typical example of blame shift. It is management that ultimately, will cause the industrial action due to their lack of "good faith" negotiation. This board and CEO, are and will be a stain on our aviation world.
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Old 21st Jun 2011, 01:07
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Accessed Tue 21st June 2011 (my highlight)
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Old 21st Jun 2011, 01:54
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...or industrial action...
How friggin' puerile and immature is this?
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Old 21st Jun 2011, 03:05
  #124 (permalink)  
 
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I recall seeing that excuse being used plenty of times elsewhere, although I dont know whether their own staff was the context in which it was meant.
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Old 21st Jun 2011, 03:52
  #125 (permalink)  
 
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the "industrial action" might refer to refuellers/customs/air traffic controllers etc etc..
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Old 21st Jun 2011, 05:35
  #126 (permalink)  
 
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Some trend up and down, others do not, Hmmmm.


.


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Old 21st Jun 2011, 07:06
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"sometimes we have delays/cancellations caused by things such as Weather and INDUSTRIAL ACTION".
To be fair, that introduction paragraph has been at the top of their 'Major Disruptions' page for years. Nothing new, just a general disclaimer.
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Old 21st Jun 2011, 10:29
  #128 (permalink)  
 
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Well staff management relations have been bad for a few years!
Bur point taken.
Its a shame the company deem it necessary to be there at all however. If it was the current reason I would agree they are within their rights to have it but its not a player at the moment.
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Old 21st Jun 2011, 21:51
  #129 (permalink)  
 
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Time for all staff to buy $1000 in shares?
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Old 22nd Jun 2011, 00:26
  #130 (permalink)  
 
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Just heard on the ABC that Qantas shares have been put on a trading halt - is this to do with what the muppet is going to say at the press club?

Also did a quick add up from the notice on the ASX website, and Balanced Equities (Andrew Sisson) seems to have increased their holding by approximately 23 million shares - or $42 mil - since 1st of May. Then in today's paper Balanced Equities has been sold, not sure what it all means, but seems it is all happening NOW.
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Old 22nd Jun 2011, 00:32
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I think after today announcements its going to be a matter of:

BRACE ,BRACE ,BRACE.

HEADS DOWN, STAY DOWN X3
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Old 22nd Jun 2011, 00:38
  #132 (permalink)  
 
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www.asx.com

Code = QAN

Click on the asterisk beside QAN for details

Qantas requested and was granted the halt due to 'an announcement in relation to Qantas' financial outlook, which is likely to be considered materially price sensitive...'
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Old 22nd Jun 2011, 01:02
  #133 (permalink)  
 
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I bet Ansett staff did not see it coming.

I bet Flightwest staff did not see it coming.

I bet Macair staff did not see it coming.

I think the Senate enquiry, EBA "negotiations" and share price is scaring the pants of them.

Come on Nick and Bill, all the evidence has been presented, don't go weak in the knees, you know what needs to be done.
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Old 22nd Jun 2011, 01:15
  #134 (permalink)  
 
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hmmmmm

Bit of a guess what this trading halt is about,

Would say AJ going to announce more negative stuff yadda yadda. They are going to look at a capital raising as well as cut %25 of workforce.
All doom and gloom nothing positive to come out of his gob.
What better place to try and raise money than in Nations Capital, and cry poor to the politicians
Just a guess all the above people. I cant imagine him going all the way to Canberra and singing the praises of just how wonderful his staff are
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Old 22nd Jun 2011, 01:26
  #135 (permalink)  
 
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Re QANTAS - Halts trading, on Financial News,

Qantas halts trading on financial news | Latest Business & Australian Stock market News | Perth Now

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Old 22nd Jun 2011, 01:30
  #136 (permalink)  
 
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AJ adressing National Press Club in Canberra today at 12.30
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Old 22nd Jun 2011, 01:39
  #137 (permalink)  
 
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Qantas shares in halt ahead of financial statement

By online business reporter Michael Janda
Qantas CEO Alan Joyce is expected to announce a major overhaul of the airline's international services (AAP: Sergio Dionisio)

Qantas shares have been placed in a trading halt ahead of a speech by the company's chief executive which is expected to announce a major shake-up of the airline's international operations.

The company's chief executive Alan Joyce is speaking at the National Press Club in Canberra, and The Sydney Morning Herald is reporting that Mr Joyce will outline a major overhaul of Qantas's international operations.

Qantas's request for the trading halt indicated that the airline would be making an announcement in relation to its financial outlook.

The airline industry has already seen profits hit by rising oil prices, natural disasters and a fragile economy - the volcanic ash cloud over many of Australia's major airports has further dented revenue due to cancelled and delayed flights.

Mr Joyce's speech will be broadcast live on ABC News 24 at 12:30pm (AEST) which is streamed live on the ABC News website.
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Old 22nd Jun 2011, 01:40
  #138 (permalink)  
 
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Qantas shares halted ahead of update

A few more details here
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Old 22nd Jun 2011, 04:45
  #139 (permalink)  
 
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Market not Really Impressed

After an initial bounce to $1.89 the share price has settled at $1.85 still way below the float price.
The market doesnt see that Qantas has a point of difference or is being managed well
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Old 23rd Jun 2011, 04:50
  #140 (permalink)  
 
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Joyce's Fairy Tale

Well nobody is buying AJs fairytale except for a few sychophantic journos.
The market thinks its a big fib with the share price hovering around $1.82.
No dividend.
No growth
No plan
Just yada yada yada
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