Profit will be released August 14 and expected to be a record result making the share price around $3.00 look very attractive
The question is that result as a result of more flying hours and higher rate cards or will the sale of 5 aircraft for a $25m profit kicker be the reason for a record result and this sale actually be flagging a slow down in demand for the sector as commodity prices soften.
If the numbers are positive and the company talks up its growth prospects and pays out a nice dividend i suspect the shares will move up as no dividend stocks in the current interest rate environment are hard to hold if the capital growth of our shares is not forthcoming.
I am hoping for at least a 4% or 12c to 15c dividend
AQZ Price at posting:
$3.01 Sentiment: Buy Disclosure: Held
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