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CX Shares slip below HK8

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CX Shares slip below HK8

Old 25th May 2020, 17:20
  #1 (permalink)  
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Join Date: Jul 2014
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CX Shares slip below HK8

And so has been the case for the last few months, the sinking feeling of the plummeting value of Cathay Pacific. Another 10% and we will be in uncharted territory regarding possible takeover bids or share swops. Cant be long before Qatar wants an increased slice.

But before then , thereís that small matter of fat cat pilots sat on their backsides , ( literally) earning far too much in the current climate.

But hey, at least the hk$ is strong and the GBP weak . Very weak, time to cash in and run to retirement. Lol.
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Old 25th May 2020, 18:44
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You seem to have a bit of a chip on your shoulder regarding the higher earning pilots in the airline. The pilots who have dedicated most if not all of their aviation careers to CX and HK (and their families futures as well). I suppose you would simply like us all to walk off the gang plank and drown in the sea. Then the newbies can get what is "rightfully" theirs. Ok, got it Kahaha...thank you.
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Old 25th May 2020, 19:21
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Originally Posted by mngmt mole View Post
You seem to have a bit of a chip on your shoulder regarding the higher earning pilots in the airline. The pilots who have dedicated most if not all of their aviation careers to CX and HK (and their families futures as well). I suppose you would simply like us all to walk off the gang plank and drown in the sea. Then the newbies can get what is "rightfully" theirs. Ok, got it Kahaha...thank you.
So well put! So accurate! So sad!

Some are like dogs hoping their owners get full before finishing their meal so they can get the scraps... and scrape a ďcareerĒ together.

Last edited by cxorcist; 25th May 2020 at 19:44.
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Old 25th May 2020, 23:06
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This always reminds me of crabs in a bucket, all the crabs want to get out, but as soon as one is about to, the other ones drag it back down.

You should only wish that the better paid ones get worse conditions, if you will actually get better ones because of it, otherwise it will just be you next..

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Old 26th May 2020, 00:03
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Originally Posted by Oasis View Post
This always reminds me of crabs in a bucket, all the crabs want to get out, but as soon as one is about to, the other ones drag it back down.

You should only wish that the better paid ones get worse conditions, if you will actually get better ones because of it, otherwise it will just be you next..
Again, so true! Wish the young ones could understand that concept.
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Old 26th May 2020, 03:41
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One post( allegedly) by "them" is all you guys need to classify and condemn "the" young. Jesus, really?

PS I am surprised Cathay stock is STILL at 8ish. I wouldn't buy it for 5.
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Old 28th May 2020, 08:07
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After the passing of new legislation yesterday and the way China is exerting itís control do you really think any foreign country would even think of taking over or buying shares in CX?

I would think CX will be a pariah on the international stage.
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Old 4th Jun 2020, 14:32
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STW and Unitedabx, the two of you clearly have the combined IQ of the yellow pages, i.e zero.
The share price is nigh on irrelevant if the majority is held by institutional shareholders. i.e. it is not traded.
When the share price goes below $8 historically Swire has bought up any stock listed for sale which has in the past pushed the price back up. This time does not seem to be the case. Care to give a thought to the possible reasons why? Perhaps cash may be king when lots of cheap airframes come on the market to fill the void of reduced comeptition.
A quick search will confirm the following :
Swire Pacific Limited 45%
Air China Limited 29.99%
Qatar Airways (QCSC) 9.99%
Public shareholding 15.02%

On a normal trading day less than 1/3 of 1% of the stock is traded.
I am now convinced you both ARE PILOTS because you are financial morons !
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Old 4th Jun 2020, 20:14
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My guess is you are sitting on huge paper losses. Since I don't, who is the financial moron?

I also never disputed the free float share proportion of Cathay stock, or did I?

I said I personally would not buy Cathay for 5. Cathay will be a different and most probably significant smaller company in the future.
In my opinion this will be reflected in the share price. It's just my opion and I have (obviously) no idea where the price will be in the future. Nobody knows.

A future cash shortage might lead to an increase of the free flow share. Or one of the current institutional share holders might want to exit. Which means existing shares might suffer, regardless how high the proportion of institutional holders is today.I would not claim to be an expert stock trader ( and never have), but as far as I know large institutional ownership share in public traded companies are rather the norm than the exception. Many other airlines have similar shareholder constructs, e.g. easyjet. To conclude this would somehow automatically safeguard a stock from devaluating is certainly wrong.

If you think otherwise, now is the chance to buy for you. No need to insult me, just put your money where your mouth is and reap your profits later.

I personally never understood why employees buy the stock of their own employer in the first place. If your company goes belly up you lose your job and your assets. But that's just me.




Last edited by Sam Ting Wong; 4th Jun 2020 at 21:19.
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Old 5th Jun 2020, 08:50
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best post Iíve seen all year......

LMAO.



Originally Posted by fire wall View Post
STW and Unitedabx, the two of you clearly have the combined IQ of the yellow pages, i.e zero.
The share price is nigh on irrelevant if the majority is held by institutional shareholders. i.e. it is not traded.
When the share price goes below $8 historically Swire has bought up any stock listed for sale which has in the past pushed the price back up. This time does not seem to be the case. Care to give a thought to the possible reasons why? Perhaps cash may be king when lots of cheap airframes come on the market to fill the void of reduced comeptition.
A quick search will confirm the following :
Swire Pacific Limited 45%
Air China Limited 29.99%
Qatar Airways (QCSC) 9.99%
Public shareholding 15.02%

On a normal trading day less than 1/3 of 1% of the stock is traded.
I am now convinced you both ARE PILOTS because you are financial morons !
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Old 5th Jun 2020, 09:28
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I personally never understood why employees buy the stock of their own employer in the first place. If your company goes belly up you lose your job and your assets.
The best financial advice you can get as a pilot is to see what your colleagues are doing, then do the opposite!
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Old 5th Jun 2020, 20:55
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CX has something a lot of other carriers do not have. An extremely strong home base cargo market. Both belly and full freighters. Which means they have cashflow. Yes, the current climate is dire. But compared to many others CX are relatively well positioned for the future. My 2c
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Old 5th Jun 2020, 21:31
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Originally Posted by SaulGoodman View Post
CX has something a lot of other carriers do not have. An extremely strong home base cargo market. Both belly and full freighters. Which means they have cashflow. Yes, the current climate is dire. But compared to many others CX are relatively well positioned for the future. My 2c
With the current Covid and the Chinese hardline I would very much disagree with you. At the very least you are in as much trouble as the rest. At the worst you are screwed royally.

The reality will probably lie somewhere in the middle which still puts you worse than the rest. Hold on to your hats, the times are changing!
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Old 8th Jun 2020, 01:47
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Originally Posted by highflyer40 View Post
After the passing of new legislation yesterday and the way China is exerting itís control do you really think any foreign country would even think of taking over or buying shares in CX?

I would think CX will be a pariah on the international stage.
If Qatar were to boost its stake it would like only be with a wink & nod to the mainland to go along to get along with the rebranding "Air China HK", or any number of initiatives the board may have later on.
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Old 8th Jun 2020, 06:11
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Originally Posted by azhkman View Post
If Qatar were to boost its stake it would like only be with a wink & nod to the mainland to go along to get along with the rebranding "Air China HK", or any number of initiatives the board may have later on.

Did you actually put "like" into a written sentence?

It's bad enough having to listen to someone say it every sentence, sometimes twice in a sentence....but now people are actually writing it in, as if, it's actually part of a normal sentence.

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Old 9th Jun 2020, 01:10
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https://www.bloomberg.com/news/artic...d=premium-asia

"Embattled Hong Kong carrier Cathay Pacific Airways Ltd. and its two main shareholders Swire Pacific Ltd. and Air China Ltd. suspended trading of their shares on Tuesday, pending an announcement."

Something's afoot!
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Old 15th Jun 2020, 01:20
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Join Date: Jul 2013
Location: Hong Kong
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Originally Posted by fire wall View Post
STW and Unitedabx, the two of you clearly have the combined IQ of the yellow pages, i.e zero.
The share price is nigh on irrelevant if the majority is held by institutional shareholders. i.e. it is not traded.
When the share price goes below $8 historically Swire has bought up any stock listed for sale which has in the past pushed the price back up. This time does not seem to be the case. Care to give a thought to the possible reasons why? Perhaps cash may be king when lots of cheap airframes come on the market to fill the void of reduced comeptition.
A quick search will confirm the following :
Swire Pacific Limited 45%
Air China Limited 29.99%
Qatar Airways (QCSC) 9.99%
Public shareholding 15.02%

On a normal trading day less than 1/3 of 1% of the stock is traded.
I am now convinced you both ARE PILOTS because you are financial morons !
Firewall,

institutional shareholders don't guarantee a minimum price, and even if they miraculously would, the composition and shares of these institutional investors can obviously change.

With the state bail out the latter happened.

Perhaps now we will see a significant dillution. Or maybe not, nobody knows.

Your lectures about how it all works on the stock market, your big insights on trading volumes, imaginary safety nets... not only simply wrong, but ludicrous and arrogant.









Last edited by Sam Ting Wong; 15th Jun 2020 at 08:26.
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Old 15th Jun 2020, 15:15
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Location: Europe
Posts: 185
Originally Posted by nike View Post
Did you actually put "like" into a written sentence?

It's bad enough having to listen to someone say it every sentence, sometimes twice in a sentence....but now people are actually writing it in, as if, it's actually part of a normal sentence.
I do enjoy how you squirmed out of saying "like it's actually part of..." Like, as if using the word like there would have totally made your point redundant Becky.
Also, I feel the post that got you up on the grammar high horse probably meant to say "likely".
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