Let's Buy Qantas Shares

Status
Not open for further replies.
Probably not bad advice.
Either fuel prices go back up, or airfares come down as competition heats up again.

Either way not great for profit or share price
 
From a Bankers trust fund manager report just received:

Although falling oil prices would usually be supportive of the stock, Qantas (QAN) saw no benefit with the share price down over the week. Qantas has seen a material improvement in yields following capacity cuts earlier in the year and is well-positioned to capitalise on its dominant position as both a full service and budget airline.This improvement in yields is yet to be factored into the share price.Meanwhile Virgin (VAH) has publicly announced details surrounding its 1:1 stock offer, which will raise $1 billion in capital. About $500 million will be used to pay off existing debt while $200-300 million will fund further restructuring.Underlying profits remain negligible and Virgin’s capital position is significantly worse than markets anticipated.
 
How to become a millionaire ?

Invest a billion dollars into Airline shares then wait until you loose everything. Approximately shy of a million dollars.



:D
 
Read our AFF credit card guides and start earning more points now.

AFF Supporters can remove this and all advertisements

From another thread recently -- get an airline to use your brand -- Virgin Atlantic pays Branson 0.7% of revenue, presume Aus is something similar..

Crazy money given the small margins they work on
 
Wow no wonder he has a cheesey grin all of the time. Virgin Air in Australia has been doing poorly and have needed shareholders loans and share issues just to keep on keeping on.
 
AUD is up, so cheaper fuel and maybe more international flyers. Pure speculation on my part
 
I don't think it has much to do with Tiger or oil.

More likely has more to do with the Qantas share buy-back. On 9 January Qantas advised the market that it had cancelled more than 3.9 of those shares. Assuming everything else remains the same:

Same company, less shareholders = higher price per share.
 
And I remember when they were about $1 each; now that would have been a nice time to buy. But then I didn't have that almanac lol
 
I had also bought some at 98 cents and sold them after they posted a 2B loss...in hindsight should have kept a few...
 
Status
Not open for further replies.

Become an AFF member!

Join Australian Frequent Flyer (AFF) for free and unlock insider tips, exclusive deals, and global meetups with 65,000+ frequent flyers.

AFF members can also access our Frequent Flyer Training courses, and upgrade to Fast-track your way to expert traveller status and unlock even more exclusive discounts!

AFF forum abbreviations

Wondering about Y, J or any of the other abbreviations used on our forum?

Check out our guide to common AFF acronyms & abbreviations.
Back
Top