Virgin Blue float

[Deej]

Thoughts?

 

[1jasonoz]

Suposedly being offered between $1.80 and $2.25 a share.

Wrong type of industry for me, rather stay in the Resource sector at the moment tks. Work in the industry so i have a fair idea whats happening and being brought online.

 

[Squeak]

Depends on if Stoddart's idea gets off the ground.

 

[ozzult]

I reckon it's a good investment. Virgin Blue knows what to do, and understands the Australian market, I think they will be around for the long haul.

 

[gregg]

The air passenger industry is horrible from an investment standpoint. Over the history of the industry as a whole it has lost money. Virgin is very good company in a terrible industry but this still doesn't make it a good investment.

How do you become a millionaire?
Start out a billionaire and own an airline.

 

[Falchoon]

Originally posted by Deej
Thoughts?

Mayne (MAY) $3.50

 

[Nandrolone Stam]

Re: Re: Virgin Blue float

Originally posted by Falchoon
Mayne (MAY) $3.50

 

[Pornstar]

Originally posted by gregg
The air passenger industry is horrible from an investment standpoint. Over the history of the industry as a whole it has lost money.

True. Very unstable industry. Sold my Qantas shares after a few months as soon as i broke even on them. Never again.

 

[Falchoon]

Mayne (MAY) $3.50

$5.22 today, not bad.

 

[Tim the Toolman]

We've just done Data Analysis in our Masters of Marketing and we analysed the air travel industry and mark my words, you want to stay clear of that one!

- industry very unnattractive
- international business & holiday travel in decline
- domestic business travel in decline
- domestic holiday travel stagnant
- barriers to entry strong (= good point for Virgin)
+ barriers to exit weak (ditto)
+ competition weak
- financial rations poor

 

[Ghostwriter]

We've just done Data Analysis in our Masters of Marketing and we analysed the air travel industry and mark my words, you want to stay clear of that one!

- industry very unnattractive
- international business & holiday travel in decline
- domestic business travel in decline
- domestic holiday travel stagnant
- barriers to entry strong (= good point for Virgin)
+ barriers to exit weak (ditto)
+ competition weak
- financial rations poor

You forgot one, Terrorism.

 

[crudbucket]

Remember Compass ?

 

[DoubleA]

Remember Ansett?

 

[- PC -]

I would hope Virgin Blue floats in water

 

[lenny&carl]

How do you become a millionaire?
Start out a billionaire and own an airline.

Word for word I was gonna say the same thing.

 

[Tim the Toolman]

You forgot one, Terrorism.

Yes, well my bullets were just a quick summary. Terrorism assisted with the first point. There were many other items that made it unattractive such as decreasing travel, internet meetings for business etc... Terrorism actually helps domestic travel though.