I have a question for you folks, is VBA a buy? few interesting reasons
1) Business confidence rose in February
2) Foreign ownership has reduced to below 49%, no more dumping on market
3) For the time being Floods/Earthquakes impact is known, uncertainity done with, it is time to take to the skies again
4) VBA may have found a bottom, and may have closed any gaps that were left behind in the run up last year
5) Network strategy is coming along. Delta air deal should be on the horizon - it was suppose to be 60 days from early Jan 2011. Perhaps Julia Gillard maybe lobbying the US government to allow the deal to go through
Thoughts anyone?
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