If Qantas really wants to destroy itself, let it start a joint venture with a Chinese partner....

...To tap the "Huge Asian Market".

By all means run daily flights from and to China under the QF banner.

Current price is around the float price of 1995 (i think thats about right) Glad I was given my shares:}

QAN are currently below the 1995 $1.90 float price, lol.

$1.89 close on Friday afternoon.

How low would it need to go before the likes of maq bank on it's own without any consortium could afford it... A true monopoly - buy the airports and charge everyone exorbitant fees - use this money to reinvest back into aircraft and infastructure - essentially making everyone unable to afford to fly where you alone can ... What bonus would aj get for making this happen??

Do I win something?? I'm proud of that conspiracy theory - sitting watching "inside job" the mind a boggles!!

^^^Qantas's market cap is just over 4 billion.

There are miners on the west coast that could buy it......you don't have to be a merchant bank!!

Xcel,


I'm with you. I think the idea is to deliberately drive down the share price. Then, when they announce the end of year profit AJ and his team get their bonuses in DOLLAR VALUE of Shares. I.E. the LOWER the share price the more shares they receive. THEN settle with the Unions and the share price rebounds above the two dollar mark, to where it's real value is, and AJ and the boys reap the benefit. But that's just my conspiracy theory...................

I remember almost 10 years ago they were $ 3.15 when the ever generous Qantas allocated me $ 1000.00 worth of shares as a valued staff member. (317 odd shares)

Of course they issued extra scrip to do so, immediately driving down the value of those very shares.

QF shares have never been worth that since that time.

Adjusted for inflation that $ 1000.00 is now worth $ 750.00 ish. That's a loss of $ 250.00

With the current value of those shares at $ 634 after a 10 year investment, with inflation applied, that $ 1000.00 is now worth $ 384.00

Any half decent investment yielding 10% would have earned $ 1000.00 interest, so......

The total loss in a 10 year investment in Qantas shares for an initial capital investment of $ 1000.00 is ($616.00)

(61.6%) LOSS over 10 years people.

Wow what a great investment. I would recommend it to any super fund manager. Imagine the q dos you would get for investing in the prestige of the airline industry and how many long lunches and free flights you will get.

Conspiracy theories
 

YOSHI ,assuming such conspiracy theories you give the management of that outfit far to much credit .Bad management will achieve the same end;)

It is nothing new that investing in airlines is a waste of money. The only people who make money out of airlines are the Execs who receive their allotment for free, gaurenteed money for jam.
When will people learn.

Bascic facts are;

QF will become QF asia, and then only will slowly implode.
QF mainline will fade into a lady boys shallow fart, Patong has what to offer on the wall.
QF nice knowing you but its time for VB to mark a line in the sand, and move foreward and take control.
JQ=YES
VB=YES
QF=not looking so goog

Just noticed that the volume of q shares traded on Friday was significantly higher than average. Does this mean anything? I imagine Thursday's board meeting will be interesting.

Going Down
 

Today Thursday 16th QF Share Price:$1.85

Warrenn Buffett ain't stupid

The worst sort of business is one that grows rapidly, requires significant capital to engender the growth, and then earns little or no money. Think airlines. Here a durable competitive advantage has proven elusive ever since the days of the Wright Brothers. Indeed, if a farsighted capitalist had been present at Kitty Hawk, he would have done his successors a huge favor by shooting Orville down.

Why shouldn't airlines make money? They are just providing a service like any other business. The problem is they don;t charge enough for a ticket to cover the external shocks they often suffer.

Surely, like any other business, you work out a long term cost of running the show, add a margin and hey presto! A working business model!

This sounds logical to me. Tell me why other transport businesses can work but not airlines?

Fell off a cliff today ! Closed at $1.81 !!!!!!

eject..

A couple of reasons.

Capital costs (huge)
Variable revenues, extremely sensitive to external shocks (natural/man made)
Long term nature of the purchased capital asset
"Bilaterals", thus the routes remaining an arm of government policy.

Makes a good argument for a public good really.

you can bet on
 

$ 1,41 by August.:{

So it is true then that 'you can't polish a turd' !! The more the Execs try to polish the Rat the more that it's real worth (or is that Wirth) is revealed.
The QF submarine is sinking - Blow the tanks, 3 degrees nose down, increase spped to 11 knots DIVE DIVE DIVE !!

Well, when you focus your business around the discretionary dollar, what do you expect?

When things tighten up, the discretionary dollar is the first one to disappear. Well done done, REG.

When I did accounting at school we studied "adding value". NZ grows a **** load of pine trees, AFAIK none of it is exported as raw logs. Rob Fyffe has the same idea.

Shareholders and no doubt some board members would be horrified if they knew how poorly the QF group is now managed. No doubt the share price will continue to decline. With the J* call centre now in the Phillipines the events of the past few days due to the volcanic ash has left a bitter taste in the mouth of J* passengers. There were so many calls on hold the recorded messages said the wait to speak with an operator was 8hours.

Passengers were being told there was no availability to Hobart for 6 days and there was no point in going to Melbourne airport on standby as the flights are oversold. No staff have any authority to make simple decisions. Yet J* flights were leaving with empty seats due to noshows. Apparently QF had a B738 leave for Hobart with 131 empty seats yet J* took most of the available accommodation at the South Wharf Hilton with Dinner and Breakfast for stranded passengers.

I bet Virgin Australia are grinning.