History Repeats
 

How about Air NZ taking a position in vb and QF (JitConnict) a position in PB!!! Not even a rumour, just a thought. The A treble C would live with it???? After the NZ Gov't buy out of Toll rail Cullen would roll over again!.

crap....he is not

I agree, I dont think he's smart enough to run an airline.

.....and I thought it was his PPL that he failed!!:eek:

stock on the rise
 

VBA stocks hit a high of 75c yesterday to finish at 67c. Looks like the market likes the news that has been delivered. Hopefully this trend can be maintained. If I read correctly, JP Morgan are estimating a share price of around 85c by the end of the year. If this is correct then despite anything else, it is a trend in the right direction.

90c today might be time to get out before oil goes back up!:}

from Betsy..

Well 4 months down, 2 to go and the price today was $1.15 so thats close enough to a 30% increase so far.

Too bad I did not hold out longer as Going Boeing said....:{

Only 30% IHD? You should have gotten in when they were 48 cents.

May be interesting to see what happens post august 22,

Great to see the shareprice coming up at last.
One thing though - it seems to have risen in huge leaps and bounds which is not a good thing at all, especially in an unstable and erratic market.

This ultimately drives away alot of investors and makes long term planning difficult, especially in times of economic uncertainty.

Still, the share price is less than half of its initial float and has a long way to recover.

I like what Yellow Rocket had to say about the micro-managing nonsense that goes on - and it just aint VB that suffers !

Problem is Tim, BG is the main culprit for micro managing.......

someone is buying up a stake or there is a takeover premium being priced in. Either one should prove interesting.

Down over 20% so far today!

What is going on?!

:eek:

Due to lower profit announcement this morning. Profit of $98m; down from $214m last year.

DOH!....:ugh::ugh::ugh:

oh well it happens......dont quite understand the massive drop it was well flagged and forecast that there was massive profit warning.

It really shows how many people play the market for dividend and how many play for long term growth.

Bugger:*

Last 3 days VBA has fallen from $1.15 to $0.60.

Oil going back up, AUD$/US$ going down plus a profit warning. :zzz:

Hmm, get back in under 55c. :}

The dance with the share prices will continue until the August prom night then the test will be where Toll's minor shareholders move in the first few weeks of Sept - pending of course a couple of scheduled economic reports and a RBA meeting.

I'd be surprised if if we didn't see the CEO and the Board actively lobbying the financial journalists over the next week or so - expect a bit of spruiking about VB's (note key words) 'consolidation' and 'market focus'.

Key still remains VB's relatively low net asset value, a huge secondary risk from offset (sic; non balance sheet) liabilities - which would impact heavily on the cash reserve in an adverse/extreme position - and the big one... that intangible of the market's confidence in the future direction of the business.

Even the high risk institutions/funds will be a little cautious about aviation & esp VB. - As my Dad once said - the only people that get rich out of avaiation and keep the $'s are former CEO's & ex-wives!!!!!

You're proabably better taking your punt at Randwick until VB gets back to core ops as a very good LCC.

:E

As a minor Toll holder, I will be dumping these rubbish shares at
the first possible opportunity. Cash is king not VBA shares!

Phlap1 Don't worry there are still twice as many buyers as sellers at today's price. Pity you didn't sell the lousy shares at $1.15

Share Distribution Date- VBA: 22 August 2008
 

Given my previous post #59 of 14 July 08 on this thread-

And it now being the 21st of August, I thought I might throw this chart up ex the ASX, as it may be of interest to watch over the next couple of trading days.

VBA, VIRGIN BLUE HOLDINGS ORD

The chart of daily prices over 6 months for security VBA

http://hfgapps.hubb.com/asxtools/ima...80822121705573


ASX excludes all liability arising out of any inaccuracies in this Chart, except where liability is made non-excludable by legislation. Chart values may be adjusted for changes in a company's capital structure or to link historical values that represent the company's primary equity security.

Edit 22 Aug 08- 02:23: The ASX changed their charting function on their website and the chart disappeared- so here it is again.