Qantas-October 28th
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LC: I got your letter and I DID read it...
Mr T? : I'M NOT FINISHED & I KNOW I HAVE 60 SECONDS.
LC was replying like a smart-arse, Mr T was, err, irate and the issue was surrounding, well you guessed it, not addressing union/IR (something) - was hard to hear when I was crying with laughter and the background applause was amusing.
Mr T? : I'M NOT FINISHED & I KNOW I HAVE 60 SECONDS.
LC was replying like a smart-arse, Mr T was, err, irate and the issue was surrounding, well you guessed it, not addressing union/IR (something) - was hard to hear when I was crying with laughter and the background applause was amusing.
Join Date: Oct 2009
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Noone on the board had knowledge of the Freight cartel........
First question/commenter started with "I am pleased to hear that Mr Joyce is so pleased with himself" - to great applause...
This is what is going down:
Bravo bravo, clap clap for the man. I can see the shareholders, many wearing tweed coats and panama hats applauding eagerly, admiring the great little man as he outlays all of QF's strategies and challenges (all based on lies about staff and unions) and how the Red Haired Carbon Queen is going to jump to his defence (the crowd goes wild, the shareholders smell a possible improvement in their investment).
They cheer some more as AJ talks up future strategies, advancement into Asia and new aircraft types expected this century (the crowd is on it's feet madly cheering, hurrahing, clapping and cheering some more).
Finally, the promise of future dividends has the Volvo drivers errupting in Jubilation - 'we love Alan, we love Alan, we love Alan' they bellow, whipped into a frenzy by the Irish accent and pint sized thirst for wealth, but wait it is a standing ovation instigated by Geoffery Thomas, Wirthless, Jimmy Bowtie, and a conga line of trough hoovering parasites who can smell a pay increase coming'.
This is too much for some to take, the thought of riches beyond their wildest dreams causes some to faint, some to climax, some to lose control of their bowels.
Finally in a scene reminicent of Apocalypse Now, Colonel AJ Kurtz and his band of closest deranged associates prepare to fight the approaching Unions in a showdown not to be missed.
Stay tuned..
Moderator
Early news:
Joyce stares down unions at Qantas AGM - ABC News (Australian Broadcasting Corporation)
Anger soars at Qantas AGM - National News - National - General - The Canberra Times
Don't get too optimistic as big voting blocks of shares will probably vote for the Board's Motions.
Joyce stares down unions at Qantas AGM - ABC News (Australian Broadcasting Corporation)
Anger soars at Qantas AGM - National News - National - General - The Canberra Times
Don't get too optimistic as big voting blocks of shares will probably vote for the Board's Motions.
Join Date: Aug 2007
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Unfortunately, I received visitors up until now and they didn't understand that I wanted to watch the Qantas AGM :-) I must say though that Mr Clifford seems to be quite an arrogant fellow "I will decide who answers the question" and "I will decide if we answer" etc.
Awful lot of red ties
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A question from a shareholder now alluding to Ms Ward's "experience with aircraft leasing"
Mr Clifford is trying to dodge the issue, but the questioner is not letting him off with a "will discuss after the meeting'.
(Paraphrasing) "You haven't been able to run two existing airlines in Asia at a profit, what makes you think that you can with a new one?"
Mr Clifford is trying to dodge the issue, but the questioner is not letting him off with a "will discuss after the meeting'.
(Paraphrasing) "You haven't been able to run two existing airlines in Asia at a profit, what makes you think that you can with a new one?"
Nice work Eytan, very well presented in a total quagmire
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Okay, the remuneration fun is about to begin....
James Strong is waffling on, justifying how everyone misunderstands the pay models and stressed that AJ did NOT receive a 71% pay increase.
He 'only' earnt $3.8M this year, well under his 'opportunity' pay.
Questions beginning.... Steve's up...
James Strong is waffling on, justifying how everyone misunderstands the pay models and stressed that AJ did NOT receive a 71% pay increase.
He 'only' earnt $3.8M this year, well under his 'opportunity' pay.
Questions beginning.... Steve's up...
Last edited by SimonBl; 28th Oct 2011 at 03:01.
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Steve's proposed that the 3 motions that were 'ignored' be presented...
Mr Clifford isn't wearing it and won't accept... Steve's been shutdown, the board won't accept the proposal.
Mr Clifford isn't wearing it and won't accept... Steve's been shutdown, the board won't accept the proposal.
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Comments from the ASA rep on the share price and the lack of dividend.... "It's time to hold this board to account and ... to vote against this resolution"
(Does anyone keep wanting these updates or am I being annoying?)
(Does anyone keep wanting these updates or am I being annoying?)
I wonder which airlines Mr Strong considers 'comparable'?
It sure isn't any of his Asian competitors.
However they love to compare their workers salaries to those in Asia.
It sure isn't any of his Asian competitors.
However they love to compare their workers salaries to those in Asia.
keep updating - some of us are in places where the net is too slow to watch it...
Its depressing as it would be impossible for these guys not to vote themselves pay rises for wrecking the airline, but interesting none the less.
Its depressing as it would be impossible for these guys not to vote themselves pay rises for wrecking the airline, but interesting none the less.