Let's Buy Qantas Shares

[moa999]

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

 

[TheRealTMA]

A Motley Fool advisor is advising to sell QF shares.





Finance: Own airline shares? Sell them, tips Motley Fool investment advisor

Good advice in my opinion. Don''t believe there's a lot left in them now. Was a fabulous ride though!
But don't forget, a similar opinion was published when they were 0.98c.

 

[QF WP]

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.

 

[marki]

How to become a millionaire ?

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

 

[TheRealTMA]

How to become a millionaire ?

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

No. Get a job as MD of one. Much more certain.

 

[moa999]

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

 

[cove]

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.

 

[clazman]

Any ideas on the surge of QF shares today?

 

[Pushka]

Any ideas on the surge of QF shares today?

Virgin issues with Tiger maybe?

 

[clazman]

Not complaining but good to see the increase just hope it sticks

 

[drross]

sizable jump despite market being down again. ??oil down ??tiger

 

[andye]

AUD is up, so cheaper fuel and maybe more international flyers. Pure speculation on my part

 

[Jacques Vert]

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.

 

[whatmeworry]

Any ideas on the surge of QF shares today?

AUD up, Oil down?

 

[cove]

More buyers than sellers always helps Qantas shares to rise.

 

[Stacycrow]

Hope to see $5 or $6 a share nevertheless…

How's everyone’s Qantas Share Portfolio going? $6.020

 

[TheRealTMA]

How's everyone’s Qantas Share Portfolio going? $6.020

Ah. Bought at 1.95 and sold at 3.50. Happy with that.

 

[Catweazle]

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

 

[cove]

I kept the ones I bought under $1.
Unfortunately I kept the Virgin and Rex shares too.

 

[defurax]

I had also bought some at 98 cents and sold them after they posted a 2B loss...in hindsight should have kept a few...