QF made record profits last time oil was at record prices. When oil prices are high other commodity prices are higher which means stronger domestic demand. As QF becomes a more diversified business their earnings will also become less cyclical.
A lot of market darlings have been sold off since August so I would view the price falls as a healthy readjustment. International airlines are also slowing and/or cutting capacity to/from Australia which should help its international arm in the next year or two.
I will be a buyer again if it falls below $5.
Bad idea, page-5
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add QAN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.42 |
Change
-0.060(0.80%) |
Mkt cap ! $11.60B | |||
| Open | High | Low | Value | Volume |
| $7.45 | $7.45 | $7.36 | $37.23M | 5.025M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1985 | $7.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.43 | 7279 | 6 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| QAN (ASX) Chart |