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MERGED: Alan's still not happy......

Australia, New Zealand & the Pacific Airline and RPT Rumours & News in Australia, enZed and the Pacific

MERGED: Alan's still not happy......

Old 7th Jul 2014, 09:19
  #4561 (permalink)  
 
Join Date: Apr 2009
Location: London-Thailand-Australia
Age: 10
Posts: 1,057
OOps.. Alan won't be happy again, seesaw seasaw...



Credit Suisse analyst Timothy Ross told Dow Jones that China Eastern’s move into the low-cost carrier sector “reflects both a newfound opportunity and growing frustration at the inability of Jetstar Hong Kong” to get off the ground in Hong Kong.
I will be interested to see how they explain their way out of this one next month in the annual result figures for Jetstar Asia...

It all sounded so good back in March 2012, remember this...



The Airline Pin Wizard - YouTube

Last edited by TIMA9X; 7th Jul 2014 at 09:32.
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Old 7th Jul 2014, 10:02
  #4562 (permalink)  
 
Join Date: Jun 2011
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Just as Sunfish's ancestors predicted... in 1683!

Still amazes me the financial pages were soooo slow to even start joining dots. Did they really think little Elaine's QF was too big to be wrong?
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Old 8th Jul 2014, 12:08
  #4563 (permalink)  
 
Join Date: Apr 2014
Location: Australia
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Thank you TIMA9X.

TIMA9X

You do great work. Thank you as it is truly appreciated.

Very classy stuff!
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Old 9th Jul 2014, 16:40
  #4564 (permalink)  
 
Join Date: Apr 2009
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Spey, thanks for the kind words, much appreciated by all the guys & girls this end who help me out by donating their talents. I can assure you, they all believe in the cause and they support the operational staff at Qantas 100%, we spent a lot of time flying with them over the years, and it's still a great airline!

BTW, We were all having a laugh the other day, we agreed unanimously that our favourite bird was the old QF744 because the Alan Joyce types hate them .. For veteran pax like us, you know what the 744 is going to do before it does it, your home... if you know what I mean..

Anyway, on a more serious note...



The equity research desk at Morgan Stanley [NYSE:MS] has just produced another market-moving stock report. The broker has downgraded the airline to ‘Underweight’ on the basis that the market has already priced in too much value from an eventual Qantas turnaround strategy.


This report follows a month of negative price action for the airline, as the market has mulled over the prospects of billion-dollar writedowns. Today’s price action is telling us that the market sees a long, hard road to recovery for Qantas.


Why the Qantas Share Price Dropped Today


my bold
I think pretty strong words from another major broker, inline with the above "Credit Suisse" report to Dow Jones regarding J* HK.

What's different this year for LC & AJ, (unlike the previous years at this time) the words out, putting more pressure on AJ & LC and the board to own up. Will they? I think we all know the answer to that.. and probably a good time for us all to be reminded of what was said back in February at the half yearly...



I guess LC & AJ will be brushing up their dance routine for the "Canberra stage show" in the coming weeks, just before the full year results get announced of course... it's in the rules...

Alan and Leigh - Glad I Got You Babe - YouTube

for those who haven't seen it

.
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Old 11th Jul 2014, 00:33
  #4565 (permalink)  
Keg

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Devil

Rumours starting to circulate around the traps that EK are to take a significant stake or all of QF domestic. Announcement next week is the rumour. Keep an eye on the QF share price over the next couple of days as that may give a clue.

Probably announced the day before or the day that many of us find out when we're to be demoted.
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Old 11th Jul 2014, 01:02
  #4566 (permalink)  
 
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Why on earth would they sell one of the only really profitable parts to EK? Source of the rumour? Sounds very unlikely!
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Old 11th Jul 2014, 01:12
  #4567 (permalink)  
 
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If Kegs rumour is correct, what would be likely for QF int?


I thought china Southern had already let it slip it was getting a chunk of QF - (in the paper the other week. )
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Old 11th Jul 2014, 01:22
  #4568 (permalink)  
 
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There is no "QF Domestic".
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Old 11th Jul 2014, 01:25
  #4569 (permalink)  
 
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Why on earth would they sell one of the only really profitable parts to EK?
Because it is in the interests of Qantas shareholders. At the end of the day that is the #1 thing for QF board and Alan Joyce. Its the only part of the airline they can break off and sell
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Old 11th Jul 2014, 01:42
  #4570 (permalink)  
 
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Rumours starting to circulate around the traps that EK are to take a significant stake or all of QF domestic. Announcement next week is the rumour. Keep an eye on the QF share price over the next couple of days as that may give a clue.

Probably announced the day before or the day that many of us find out when we're to be demoted.
Wouldn't that be flagged as an anti-competitive move for the public? Surely it'd get blocked somehow.
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Old 11th Jul 2014, 02:00
  #4571 (permalink)  
 
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Foreign ownership of an Australian domestic airline is legal , just the way Tiger was 100% Singapore owned initially.

All they do is sell off QF domestic under a new company and call it XCV airline, not Qantas and then licence EK to use the QF name for $1 a year.Take the $xxxx and ad it to the company profit sheet. Sell of JQ as a new float on the ASX and AJ pockets a fortune.

Meanwhile staff are under a new airline ownership with new conditions as it's no longer Qantas
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Old 11th Jul 2014, 02:30
  #4572 (permalink)  
Keg

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fish

There is no "QF Domestic".
That was my response to it as well. Though it's true that whilst there is no QF domestic at the moment, there is no reason why there won't be a QF domestic in the future.
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Old 11th Jul 2014, 02:36
  #4573 (permalink)  
 
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Hopefully AJ will be gone soon, did someone jump the gun?

My wife told me on Wednesday that 'apparently' if you type, 'Qantas CEO' into google search, it returns Jayne Hrdlicka.

Anyway, I looked again this morning and unfortunately the result was AJ. 'News reported it though, as I said, maybe someone jumped the gun.


Is someone playing a joke on Qantas? Google search results show Jayne Hrdlicka as CEO instead of Alan Joyce | News.com.au
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Old 11th Jul 2014, 02:48
  #4574 (permalink)  
 
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Joyce gone would be a good thing but Hrdlicka is just the same - she is just a female but will continue everything Joyce has been doing

The only hope is we get a CEO from outside the group entirely.
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Old 11th Jul 2014, 03:05
  #4575 (permalink)  
 
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The only hope is we get a CEO from outside the group entirely.
Preceded by a new Chairman from outside the group entirely.......otherwise it'll be just more of the same. I'm sure Ms Hrdlicka is "a wonderful airline person; so enthusiastic" just as the current Chairman recently described the current CEO.
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Old 11th Jul 2014, 03:20
  #4576 (permalink)  
 
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Without endorsing the rumours re EK takeover of QF domestic (cos i don't know), remember that once upon a time Qantas was just an international carrier that ended up being merged with a domestic carrier. So it wouldn't stretch the boundaries of credibility that it may be so again.
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Old 11th Jul 2014, 04:38
  #4577 (permalink)  
 
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Without endorsing the rumours re EK takeover of QF domestic (cos i don't know), remember that once upon a time Qantas was just an international carrier that ended up being merged with a domestic carrier. So it wouldn't stretch the boundaries of credibility that it may be so again.
If you go down this path, you realistically have to break up the whole group into Domestic, Int'l, Jetstar, FF Scheme, Engineering, Catering etc. This would be incredibly complicated and would throw up some parts of the business worth nothing. For example, if international is as dire as it seems a break up would mean this business is now on its own and the only thing the shareholders could realistically do is hand it back to the govt.

It is fair to say the real value in the group is in domestic and the FF scheme though its value is very dependent on there being a viable int'l business. As a shareholder, I wouldn't trust the current board to get a good price for the domestic franchise. The FF scheme's value is questionable in a break-up and the rest is either negligible or of little worth.
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Old 11th Jul 2014, 04:50
  #4578 (permalink)  
 
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What would be the advantage for EK? They already have services to all mainland capitals (and capital). They would be buying a huge redundancy problem with the over-crewing of the 737, (unless they use it as a pilot farm for the 777, of course. The only upside might be a future play to get Pacific rights.

I can image EK dictating terms to Joyce about the allowable competition from JQ...that should be fun.
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Old 11th Jul 2014, 05:04
  #4579 (permalink)  
 
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QAN shares up almost 5.5% in an otherwise flat market.

Something is going on
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Old 11th Jul 2014, 05:21
  #4580 (permalink)  
 
Join Date: Apr 2014
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QAN shares up almost 5.5% in an otherwise flat market.

Something is going on
Possibly fuelled by this rumour - QAN now trading at $1.28, up 7 cents (6.22%).

No major spike in volume, though, so it doesn't look like the instos are buying into the rumour.
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