Australian (ASX) Stock Market Forum

VBA - Virgin Blue Holdings

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frankie_boy said:
Lets hope so.. After being knocked down by the consumer commission on the merge with Delta.. Any ideas as to why?
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Yeah competition watchdog. Other airlines were complaining about it. I have a feeling once VBA proves its case it won't hold for at least one of the alliances, either with air NZ or Delta. I think they will eventually allow the Delta merger but not the NZ one. Either way I still see VBA @ 60 cents sometime before Christmas.
 
Poppypop said:
Yeah competition watchdog. Other airlines were complaining about it. I have a feeling once VBA proves its case it won't hold for at least one of the alliances, either with air NZ or Delta. I think they will eventually allow the Delta merger but not the NZ one. Either way I still see VBA @ 60 cents sometime before Christmas.
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Just to let everyone know. I sold all my shares @ 45c yesterday for an 18 grand profit as the brokers recommendation turned me off holding this stock. I still think it's going to go up but not as quickly as I thought. I have found better buys out there with better broker recommendations. I will consider buying VBA again in small amounts if it falls below the 40 mark or goes up to about 60 and drops to 45 otherwise im out of it :).
 
Ok I have been doing some portfolio juggling today and I bought back into VBA @42.5 because it has been fairly solid in the mid 40's range. Only bought 8,000 shares with the intention of buying more if it drops and possibly selling if it gets above 46.5.
 
Anyone care to provide their thoughts on VBA? Looks pretty good to me at 0.430 as a mid to short term prospect. Especially with their alliance with SXR today? Anyone disagree?

Disclosure; own some VBA and SXR stocks, looking at purchasing more VBA.
 
Just bought in again on VBA at .40 after its had bit more of a slide..

Nothing to say it will slide further, but dont see anything but positive announcements..
 
Air New Zealand has announced that it is a substantial holder of VBA.

All to do with "cementing ties" between the two airlines, apparently.

:rolleyes:
 
Now dropping to 29c

I been topping up.. i am still in profit from my original pp, but dont want to be too overloaded..
 
Would you like a parachute with your drink sir?
Are we coming in for landing or still descending throught the clouds?
Hope we have enough fuel left in the tank to take off again. Mind you, with the rising fuel prices, that could be the problem. The tank is empty.
 

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With the recent change from Virgin Blue --> Virgin Australia
and the midst of the ever impending oil price bubble collapsing related to (Osama's death , Eventual resolution in Saudi) and the fact that the australian dollar will be rather static for the moment,

Isn't Virgin blue an ideal candidate to hold for the short term (6months)?
The fact that the company has worked on their name issue rather then other important things must be a sign of undergoing change in the company.

I hold and this is the logic i used, could anyone give me insight on where abouts my naiveness ?


Cheers
 

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