Australian (ASX) Stock Market Forum

VBA - Virgin Blue Holdings

Totally agree with Smurf

Q is one of 3 airlines in the world that has been profitable for the last 5 years!! That leaves a lot making a loss!!! The other 2 are backed by governments so the books are a little iffy!

malachii
 
hello,

got letter from tollie,

what are people looking at doing or views on this special dividend, sell on day, buying more etc

thankyou
robots
 
hey robot
im O/S now, so no idea bout this letter. ill have to see if I can find it or if you can let me know what the deal is :)
 
You get 1 VBA share for each share you have in TOL. Im not sure yet, but I think im gonna keep em, I think because the SP is pretty reflective of the value in the company and also because it will add to the diversification of my portfolio.
 
You get 1 VBA share for each share you have in TOL. Im not sure yet, but I think im gonna keep em, I think because the SP is pretty reflective of the value in the company and also because it will add to the diversification of my portfolio.

hello,

yes good points nicks, "hopefully" the price of fuel continues its slide and may give VBA some help,

thankyou
robots
 
I am going to keep mine atleast till the price improves, I think that once these shares are given out there may be a rush for the door so I don't think there will be much strength at first, I will probally hold them collect a few dividends and look at selling in 18 months or so.
 
why keep on dropping? I had thought it would stop yesterday, but today dropped again. I think it has been oversold (now trading volume becomes much smaller than previous two days). The real value of the company is significantly under-estimated based on the current price. $50 cents are a strong support! Expect to see SP rise in the next few days.
 
Wow hope you guys are in at the mo-look at the buy side-huge!! building nicely, 2:1 and sellers thining out. With such huge volumes this is just waiting to break out of the 50-60 band, I reckon all she needs is a nudge over 60 and she will be off!! Heres hoping to another drop in oil tonight :) Good luck Monday
 
Looking good-58.5!! C'mon break that 60 barrier!!! Can today be the day??:cool:...................................
 
lol could be, but then again earlier in the day a few single order million share trades went through, so who knows...but yes it is putting a 'cap' on things ;)
 
lol could be, but then again earlier in the day a few single order million share trades went through, so who knows...but yes it is putting a 'cap' on things ;)

Hi blogs, good to see your spreading the virgin love :)

on topic: i was expecting VBA to cycle downwards today to around 53/54 but the asx's rally today helped it touch 60, which i cant see being broken for at least another week and thats if oil stays where it is..

some pundits reckon oil will steady out around 100 and others reckon it will fall further.. time will tell i guess.
 
I think read somewhere (mighthave even been here?) that for ever $1 dollar the oil price goes down VBA's profit increases by around $23million? I'll have a squiz...

So where to tomorrow? Im liking it-the 60 barrier is gradually being removed. BTW a fair few chomps went through at 60 today mate-check the course of sales :)
 
Yes, I did see that, it went down to about 1.5 mill. Might be summoning up the strength to burst through.
 
I think read somewhere (mighthave even been here?) that for ever $1 dollar the oil price goes down VBA's profit increases by around $23million? I'll have a squiz...

So where to tomorrow? Im liking it-the 60 barrier is gradually being removed. BTW a fair few chomps went through at 60 today mate-check the course of sales :)
Yeah i read that too blogs i think it was on shares..

so it did trade on 60 today? i saw the high but i havent had a chance to check COS, i just presumed it was pre-market trading.

will follow it closely this week :)
 
Yep-it had a fair ole nibble at the 60 barrier-all up 2,614,575 were traded at 60

50% of all shares traded for the day were between 58 and 59 and 20% between 59 and 60!!! So the end of day action doesnt at all reflect the true picture..
 
the volume position of the majority of trading has stepped up a notch bloggs like you said, but im determined to wait for the downward trend back to low 50s this week.

i think the current ask price would be a solid buy to be honest but all it takes is a bearish rise is oil price and that is counterproductive to getting past the 60 barrier.
 
Great news-gota love the typical Virgin 'bugger you I'll do it anyway' attitude :)

http://www.news.com.au/heraldsun/story/0,21985,24314750-664,00.html

"Virgin Australia beats ticketing red tape"

The system allows it to sell tickets online for its new international airline V Australia

The International Air Transport Association refused to offer V Australia tickets through its international Billing and Settlement Plan until the new airline had received its Air Operator's Certificate.

And V Australia cannot receive its AOC until it takes delivery of its delayed B777-300ER aircraft.

V Australia has developed a payment system called the V Australia settlement plan in partnership with travel payment specialists eNett International.

Virgin Blue chief executive Brett Godfrey said the airline and eNett had developed a simple solution for agents to sell V Australia tickets that had streamlined settlement and reconciliation, through a dedicated web portal.

Mr Godfrey said V Australia had intended initially to work through IATA's BSP.

"However, as access was not available in the timeframe required, we preferred to develop an independent solution," he said.

This had left V Australia with the internet as the only way of selling its tickets.
 
the volume position of the majority of trading has stepped up a notch bloggs like you said, but im determined to wait for the downward trend back to low 50s this week.

i think the current ask price would be a solid buy to be honest but all it takes is a bearish rise is oil price and that is counterproductive to getting past the 60 barrier.

oil was only up by 16 cents or so a barrel last night so, so far so good. Im very tempted to buy some more on open, only 1.3 mill up to 60, and with 20 mill odd traded a day you just never know, more and more people are holding in the high 50's and not looking to sell for a loss....lol then again
 
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