QF Shares hit $1.00 Discuss
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Here's a thought! Why don't QF staff and unions buy up a controlling stake?
At the current share price it would probably only take about $20,000 per employee! Maybe less to get enough Board seats to make a difference.
It would put a new twist on putting your "money where your mouth is"!!!
At the current share price it would probably only take about $20,000 per employee! Maybe less to get enough Board seats to make a difference.
It would put a new twist on putting your "money where your mouth is"!!!
QF paying the bills
"Speaking on the condition of anonymity, a senior Qantas official said the airline feared any full takeover would result in a breakup of the its different businesses, while any investor taking a partial stake may be a destabilising force as the airline tried to negotiate a difficult operating environment.
It emerged in 2011 a group led by former Qantas chief executive Geoff Dixon was looking at making a bid for the Australian flag carrier.
Mr Joyce on Tuesday said he believed the group's core businesses were worth more together than each individual component.
"Qantas as a whole I think is worth more than the sum of its parts because I think a lot of the businesses have an interaction together that is very important," he said."
Joyce wouldn't want them split......his poor JQ would fall on its face having to make its own way!
It emerged in 2011 a group led by former Qantas chief executive Geoff Dixon was looking at making a bid for the Australian flag carrier.
Mr Joyce on Tuesday said he believed the group's core businesses were worth more together than each individual component.
"Qantas as a whole I think is worth more than the sum of its parts because I think a lot of the businesses have an interaction together that is very important," he said."
Joyce wouldn't want them split......his poor JQ would fall on its face having to make its own way!
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Share price
Now..... I wonder how they will pay for the 787's they have now locked in for delivery.....
There's more bad news to come I'm afraid, and the share price is about to hit new lows.
When the ratings agencies review the company, and that's very soon, the current financial arrangements go down the toilet....
There's more bad news to come I'm afraid, and the share price is about to hit new lows.
When the ratings agencies review the company, and that's very soon, the current financial arrangements go down the toilet....
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An aggressive take over would not be a bad thing.
The Qantas Sale Act still protects the company, and the new owner would definitely take a very large broom to the present management team.
A win win really.
So it would appear AJ and company are protecting their personal incomes, nothing more.
The Qantas Sale Act still protects the company, and the new owner would definitely take a very large broom to the present management team.
A win win really.
So it would appear AJ and company are protecting their personal incomes, nothing more.
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Shed Dog Tosser, well I hope your right. Todays SMH has a article where Singleton declares he is interested. He states that QF is undervalued, and that gives me the creeps. You don't have to be real smart to work out what He, Dixon and Carnagie have in mind. Assett selling thats what. FF, QF International, JQ, et al. And keep domestic, that will keep the present Govt happy and stay within the guidelines. We all know that QF has enemies the biggest being Clifford and Joyce, but we can add these three to the mix.
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SDT , Teresa, The takeover or break up will either be from within or without.
Neither will be pretty or good for the majority, I feel the reason they have engaged Mac bank is to ensure the game is played by their rules in their time frame not by someone else.
The result will probably be similar but who scores the spoils is the name of the game. Powerful , wealthy people doing what they do.
Neither will be pretty or good for the majority, I feel the reason they have engaged Mac bank is to ensure the game is played by their rules in their time frame not by someone else.
The result will probably be similar but who scores the spoils is the name of the game. Powerful , wealthy people doing what they do.
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The selling of one star would be a smart thing for Qantas, take the cash injection.
We would have a new competitor, that I think QF and VB would be able to make short work of.
Whoever purchased one star would then have to make this business both stand alone and profitable. Good luck.
I do not think the new owners of one star will be able to pull it off.
VB and QF will drop prices, god forbid, QF might start offering, what is that word again,,,,,,service, and I believe one star would go the way of the dodo, or move permanently into the "lush" overseas based asian LCC market and die on foreign soils.
To allay fears of "1980 style the sum of the parts is worth more than the purchase price", the QF brand, the white kangaroo etc etc is an amazing international brand, worth in dollar terms far more than the sale price of the terminals and aircraft, any corporate raider would have to see that.
What exactly can Mac bank do ?, the shares are for sale on the open stock exchange, who buys the shares is who ever has the money, what exactly are Mac bank capable of "controlling" ?.
We would have a new competitor, that I think QF and VB would be able to make short work of.
Whoever purchased one star would then have to make this business both stand alone and profitable. Good luck.
I do not think the new owners of one star will be able to pull it off.
VB and QF will drop prices, god forbid, QF might start offering, what is that word again,,,,,,service, and I believe one star would go the way of the dodo, or move permanently into the "lush" overseas based asian LCC market and die on foreign soils.
To allay fears of "1980 style the sum of the parts is worth more than the purchase price", the QF brand, the white kangaroo etc etc is an amazing international brand, worth in dollar terms far more than the sale price of the terminals and aircraft, any corporate raider would have to see that.
What exactly can Mac bank do ?, the shares are for sale on the open stock exchange, who buys the shares is who ever has the money, what exactly are Mac bank capable of "controlling" ?.
Last edited by Shed Dog Tosser; 12th Jun 2012 at 22:58.
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All this, of course, is criminal activity. The deliberate engineering of failure and the long term collusion with buyers.
Joyce always uses the phrase "I t(h)ink..." when relaying information.
If I said "I think I'll rob that bank" I have committed no crime. I haven't even stated an intention, just a throw away line. I can repeat that statement ad nauseum until people are sick of hearing it and still no crime. In fact, they'll eventually ignore me. The police may watch me, but until I actually rob the bank their hands are tied. But when I do, they come to get me.
Everyone who commits a premeditated crime believes they can get away with it with planning. Ask any criminologist.
Same here. They have never stated intentions of deliberately killing the share price or the airline, just slowly manipulated QF route structure, bad mouthed the airline, asset and route transferred to JQ etc. They set up "defencive" units to prevent "hostile" take overs ( not friendly premeditated ones mind you).
But, when the crime is committed ASIC (hopefully) will be all over it. Gaol terms will ensue. Sadly though, the bank will still have been robbed, and the customer, Mum & Dad shareholder, and staff will be left decimated.
Joyce always uses the phrase "I t(h)ink..." when relaying information.
If I said "I think I'll rob that bank" I have committed no crime. I haven't even stated an intention, just a throw away line. I can repeat that statement ad nauseum until people are sick of hearing it and still no crime. In fact, they'll eventually ignore me. The police may watch me, but until I actually rob the bank their hands are tied. But when I do, they come to get me.
Everyone who commits a premeditated crime believes they can get away with it with planning. Ask any criminologist.
Same here. They have never stated intentions of deliberately killing the share price or the airline, just slowly manipulated QF route structure, bad mouthed the airline, asset and route transferred to JQ etc. They set up "defencive" units to prevent "hostile" take overs ( not friendly premeditated ones mind you).
But, when the crime is committed ASIC (hopefully) will be all over it. Gaol terms will ensue. Sadly though, the bank will still have been robbed, and the customer, Mum & Dad shareholder, and staff will be left decimated.
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These days I tend not to believe many of the things that I read in national news papers, especially when the statements come from either politicians or high profile business people.
I think they use the media only in an attempt to
manipulate...........and if you assume almost the opposite of what is being said, you might be closer to the truth than taking the statements on face value.
After a family association that started with Qf in the 1940's, I despair at what is now happening.
I think they use the media only in an attempt to
manipulate...........and if you assume almost the opposite of what is being said, you might be closer to the truth than taking the statements on face value.
After a family association that started with Qf in the 1940's, I despair at what is now happening.
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SDT, if JQ goes, then QF domestic will have to go towards being a LCC. The punters don't give a ****e about a ham and mustard sandwich on a plate, they prefer buying a muffin on JQ and have cheaper airfares. If JQ goes on the market, the buyer would probably be either SQ, the Arabs, or the possibility of the miners, Forrest, Palmer, Tinkler et al. who could buy and sell Dixon et al. Why the Miners? They would utilise aircraft for FIFO as well as general domestic, own the mines, own the transport, they would be laughing. Despite the attempt by Gillard and Swan, the punters like them, they employ thousands, they are known to be good to their employees, and sink millions into charity. I think they have both the goodwill and resources to pull it off, if they so want. I would not write JQ off, not for a minute.
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Of course they are Fed, treated like mushrooms, foreign crews taking Australians jobs, they have every reason to feel the same as QF people, if you ask either at any airport, they both have the same answer, its all up to ****e. Both JQ and QF people hang around together these days, they all recognise vilifying the other is a waste of time and halves the people power, even some of the QF tech crew, who before up the track, ignored their fellow countrymen, showing their disdain for JQ and what it stands for, have got over it. They now realise they are all in this together. My son was bailed up in NRT by a 50's something QF Captain, who showed his disdain of a two man crew on the A330, my son exasperated, said, mate we are not going to the moon just back to OOL. The Skipper walked off with a expletive fired at my bloke. That same QF Skipper bought my son a drink in the same crew bar in NRT last week. Things have changed. United we stand, etc etc etc.
Employee survey results coming in show that JQ employees are even more disengaged than those at QF.
Just watch the $3 billion cash disappear overnight if Singo and Dixon take a stake in the airline. The article in the SMH has Singo salivating at the thought of getting his hands on the cash. Everything else will be flogged off, everything!
Dixon didn't care less about the airline when he was employed by it, he was in it for himself alone. If he owns it, god help us all!
Dixon didn't care less about the airline when he was employed by it, he was in it for himself alone. If he owns it, god help us all!
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Just a stab in the dark here but could it be that Alan has called upon a few old mates to talk up the prospect of a takeover to lift a lowly share price?
Would it be illegal for Qantas to appoint McQ to protect against a hostile takeover if they themselves were involved in a takeover?
Why am I getting calls from investment advisors asking about the feeling within the employee groups?
Would it be illegal for Qantas to appoint McQ to protect against a hostile takeover if they themselves were involved in a takeover?
Why am I getting calls from investment advisors asking about the feeling within the employee groups?
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Glad those investment advisors are not looking after my super. They must be the only ones in town who don't know what is going on out at Mascot.
Don't suppose they were from Macquarie?
Don't suppose they were from Macquarie?