Time to buy airlines and travel agents?

[matty77]

So do we watch the drop in Airline and travel agent shares due to the volcano ash, then when the sky clears share prices expected to jump back up?

thoughts?

 

[Wysiwyg]

So do we watch the drop in Airline and travel agent shares due to the volcano ash, then when the sky clears share prices expected to jump back up?

thoughts?

See Skywest are hiring an airbus to handle the increased passenger demand. Providing service to the increased regional W.A. activity. Pay a lil' dividend too. Could grow big. :dunno:

 

[Agentm]

i am trying to find out what happened to the lobsters i ordered from iceland??

 

[prawn_86]

i am trying to find out what happened to the lobsters i ordered from iceland??

Why would you order lobsters from o/s? Aus lobsters are the best in the world :

 

[Sdajii]

So do we watch the drop in Airline and travel agent shares due to the volcano ash, then when the sky clears share prices expected to jump back up?

thoughts?

Probably a profitable tactic. People will get scared, freak out, the price will drop, it'll scare them more, no one will want to buy right now, and in time everyone will get over it. Just hope that within the next few months, before people get over it, there isn't a hijacking or something, or it'll take a long while before people feel okay again

 

[todster]

See Skywest are hiring an airbus to handle the increased passenger demand. Providing service to the increased regional W.A. activity. Pay a lil' dividend too. Could grow big. :dunno:

My last 2 jobs in Argyle and Brockman were serviced by Skywest direct to site.
With Mines popping up all over WA could be worth a look.
Whoever gets Gorgon-3500 man camp 26 days on 9 days off will have busy little charter

 

[SmellyTerror]

So do we watch the drop in Airline and travel agent shares due to the volcano ash, then when the sky clears share prices expected to jump back up?

Good case to be made playing contrarian to short-term one-off events, but this'll take a bit longer than the skies clearing to shake off. Lost money is lost money, and enough airlines are running close to the line already. Even when normal severice resumes, there will be an impact to the bottom line come reporting and that's got to be discounted right now.

The question then is whether the discounts you pick up now are bigger than they should have been. Overall, probably, but on a stock-by-stock basis it's a different matter altogether. You'd have to do your research bloody carefully to avoid being burned. There are some genuine dogs out there that were just waiting for an event like this to be exposed.

For me, it's just the sort of FA that I won't touch with a barge-pole. But good luck if it's your thing.

One that might be more worth a look, and a punt, is QAN, who aren't badly effected and who could reasonably expect to come out of the whole mess with barely a dent in the bottom line. Impacts on their price right now are, surely, nothing more than guilt-by-association. On the other hand, they haven't dropped as hard, either.

...jeez I talk a lot.

 

[So_Cynical]

I got the usual specials email from travel.com.au (WTF) Sydney - Manila, Phuket, Jakarta, Bangkok, Ho Chi Minh City ... return, flying via Singapore with Singapore air, all under 815 bucks...the bargains are back.

http://www.travel.com.au/admin/news_tts.htm?cid=NL190410OTH

 

[Dracuu]

I was already looking to buy Virgin Blue so I took advantage of the price drop and got in at 0.615. Clear skies coming I reckon!