Virgin up 91.30%
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Virgin up 91.30%
Virgin Shares are up 91.30% since this time last year.
Incredible. If they post a profit, I wonder if they will pay a dividend.....
Well done to the whole Virgin team and the humble leader. Reminds me of the "little general" with BIG PLANS- Napoleon B.
Incredible. If they post a profit, I wonder if they will pay a dividend.....
Well done to the whole Virgin team and the humble leader. Reminds me of the "little general" with BIG PLANS- Napoleon B.
Last edited by wilcoleaks; 13th Aug 2012 at 08:43.
25c to 45c. Is that really that impressive?
I mean, there are days where they are back mid 30's then back mid 40's.
I mean, there are days where they are back mid 30's then back mid 40's.
Originally Posted by PoppaJo
25c to 45c. Is that really that impressive?
I mean, there are days where they are back mid 30's then back mid 40's.
I mean, there are days where they are back mid 30's then back mid 40's.
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I find the news of the share price odd in the context of this :
Richard Branson's Virgin Atlantic slumps to £80.2m loss - Telegraph
Richard Branson's Virgin Atlantic slumps to £80.2m loss Soaring fuel costs and rising taxes have taken their toll on Virgin Atlantic as the airline slumped to an underlying loss of £80.2m.
Virgin Atlantic is not related financially to Virgin Australia.
I think most financial institutions had VAH as undervalued and a realistic price around the 50c mark, some higher. However most would not advise you purchase airline stocks unless you wanted to eventually lose your investment.
Some of the resource stocks that hit lows in single digit cent value have rebounded in a few days to increase by 100-200% in a day over the last few years when the panic settles.
In 2010 Virgin shares were approaching 70c, then stalled back to around 30 in a very short period. They climb back to around where they are now late 2010 and have bounced between 30-50c the last 2 years. In some cases you could have doubled or halved your money in a very short time let alone the full year. When they get back and hold around the 70c mark it would be song and dance time.
I think most financial institutions had VAH as undervalued and a realistic price around the 50c mark, some higher. However most would not advise you purchase airline stocks unless you wanted to eventually lose your investment.
Some of the resource stocks that hit lows in single digit cent value have rebounded in a few days to increase by 100-200% in a day over the last few years when the panic settles.
In 2010 Virgin shares were approaching 70c, then stalled back to around 30 in a very short period. They climb back to around where they are now late 2010 and have bounced between 30-50c the last 2 years. In some cases you could have doubled or halved your money in a very short time let alone the full year. When they get back and hold around the 70c mark it would be song and dance time.
And let's not forget they floated at $2.25 in 2003
Originally Posted by ultragra
God help us.. Is this a pissing contest? I thought we were talking about Virgin Share prices..
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'Floated' alright. Straight down the waste pipe. And in case anyone thinks I am biased, yes, QF's price has also floated down to Luggage Point also.
Shares in airlines are risky at best. The current prices are sitting around the correct mark. These airlines aren't worth a pinch of poo as an investment.
Back to the pi#sing contest boys.
Shares in airlines are risky at best. The current prices are sitting around the correct mark. These airlines aren't worth a pinch of poo as an investment.
Back to the pi#sing contest boys.
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And let's not forget they floated at $2.25 in 2003
Last edited by Cactusjack; 24th Aug 2012 at 01:33.
