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-   -   QF shares hit $2.00, discuss (https://www.pprune.org/australia-new-zealand-pacific/453665-qf-shares-hit-2-00-discuss.html)

TIMA9X 19th Aug 2011 05:22

3.21 pm now 1.47.5 down 5.4% market down 2.88%, so much for that announcement last Tuesday, the market loved it according to the business press, I note the Q new spirit add gag is all over smh.com.au today... so don't expect anything like a story from them .:ouch:

ALAEA Fed Sec 19th Aug 2011 05:45

$1.47 and falling. Was it something I said?

TIMA9X 19th Aug 2011 06:33


$1.47 and falling. Was it something I said?
probably right mate, or is it the way you said it...;)

Now 1.455 6.7% down 4.31 pm

Budfox 19th Aug 2011 06:40

Closed on new 52 week low :hmm:
$1.45 sheesh!! Will the all time bottom price be reached soon?????

Actually come to think of it just crunching some numbers in head.
The idea of releasing employees super to buy a stake in this is actually becoming quite cheap going of the latest closing market cap today.
Roughly 9k each employee will gain a %10 controlling stake ;)
That would make the employess majority shareholder and chance to sack the board :ok:

If only dreams would come true ;)

my oleo is extended 19th Aug 2011 06:56

Flush
 

Now 1.455 6.7% down 4.31 pm
It would seem that the toffee has well and truly been licked off the turd !!
If it looks like sh#t and smells like sh#t then it probably is sh#t, and it would seem the shareholders and the market are just starting to smell the sh#t......
Market confidence and the value of QF has reached a similar level as management's ability - an all time low !

breakfastburrito 19th Aug 2011 08:31


Originally Posted by budfox
Roughly 9k each employee will gain a %10 controlling stake
That would make the employess majority shareholder and chance to sack the board

Budfox, do your figures include shares already controlled by employees under employee share plans? If not, then for some this figure could be quite a bit lower than the 9K. (sorry don't have the info on what has been handed out over the years, I'm sure someone will).

Blocking stake is the game now.

UPPERLOBE 19th Aug 2011 10:51

I know nothing about this, but, is it possible to form an employee or even a retired employee shareholder bloc?

Budfox 19th Aug 2011 11:45

burrito
 
No that doesnt include any of the employees shares already owned.
Was just a round about figure calculated across the whole workforce to get to that amount.

So it is very possible that it would be a lot lower for some ;)
Why stop at %10 hey just release all the super and buy the whole company for just a tad over 3 bill lol :ok:

May as well it aint getting any better anytime soon.

TIMA9X 22nd Aug 2011 09:17

Market -0.48% Q -2.1%
 

Aug 22-08-11
S&P/ASX 200 at 07:03 PM


4082.257-19.7-0.48%QAN
Last Price ($A) $1.4200 Change -0.0300 -2.1% Prev Close 1.4500


Hmm, down, -2.1%, the market average of -0.48%.

my oleo is extended 22nd Aug 2011 12:54

My my aren't the CEO and Board doing a wonderful job? A new record and an all time low! Congratulations!
I am wondering if the shareholders are all on holidays, have their heads buried in the sand or simply happy to see this new all time low set? Obviously you are all quite content to watch your investment keep sinking to the bottom of the corporate ****ter? Perhaps you think you are Dorothy from Wizard Of Oz and that the overpaid suits that you are trusting your investment with will click their heels three times and say 'There is no place like $6.00 per share'!!

Slasher 22nd Aug 2011 13:19

If you haven't seen it already -


TIMA9X 22nd Aug 2011 15:00

Well it is mainstream now,



But an early bounce was short lived as Qantas shares slid 3¢ to $1.42, equal to an all-time low struck in March 2009 in the aftermath of the global financial crisis.

Qantas now faces a threatened motion of no confidence in Mr Joyce, the chairman, Leigh Clifford, and its board at the airline's annual meeting in October. Unions representing long-haul Qantas pilots need the support of 100 shareholders to have the motion included in the notice of meeting.
Corporate-governance experts said a motion was unlikely to amount to anything more than a small protest vote because institutional investors were expected to support the company. However, if an event later called into question management's competence, then ''it becomes a different story''.

Qantas declined to say whether the pilots and engineers had garnered the necessary shareholder support, describing it as ''another example of unions running a negative campaign to trash the Qantas brand''. (That old chestnut)

mmciau 22nd Aug 2011 22:10

slasher,

YouTube copy not available in Australia!!


Mike

maggot 22nd Aug 2011 22:51


Originally Posted by mmciau
slasher,

YouTube copy not available in Australia!!


Mike


... due to legal complaint... ho humm. :hmm::suspect:


any way we can get it posted somewhere else?

mike321 22nd Aug 2011 23:41

youtube video
 
google is your friend - search for youtube proxy.

then paste the video link below into the proxy


TIMA9X 23rd Aug 2011 01:23

Dailymotion - New Spirit? Not - a News & Politics video

This video has gone viral, here in Asia as well, the more they stop it the bigger it will get I guess, it has hit a nerve.

Slasher 23rd Aug 2011 02:59


slasher,

YouTube copy not available in Australia!!


Mike
Why am I not surprised? :hmm:

Try TIMA's link above before it too gets blocked by that fuzzy little Irish import. Works ok here.

ejectx3 23rd Aug 2011 06:48

Qantas legal is attacking all who speak out against this corporate destruction.

my oleo is extended 23rd Aug 2011 07:26


Qantas legal is attacking all who speak out against this corporate destruction.
So they are attacking millions of Australians, tens of thousands of employees, Xenaphon, Katter and co, media etc etc etc ?

Bazzamundi 23rd Aug 2011 21:01

Here comes the private equity for QF again ...
 
Just saw a big segment on channel 9. Speculation private equity is circling. Also rumored to involve cashed up players and former executives as stated on the today show at about 6.40am.

Who would have guessed? That is the reason for the share bounce yesterday apparently.


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