I wish it would go down a wee bit so it could be a buy on the...

I wish it would go down a wee bit so it could be a buy on the dip scenario, it went under $2 when I was otherwise occupied looking at Eazyjet, IAG, UAL and AirCanada after Buffett bought into them and I missed the dip. GIven the rising top, it seems a decent risk return trade.

I think $2.30s/ $2.40s is sort of where the rising wedge is headed, it seems a decent risk return IMHO from the chart, 40 cents break to the upside, about 5 - 8 cents to the downside.

Given the passenger movements, AIZ has already presented in both international and domestic, the Christchurch Airport result, AIA reports Next week and SYD airport, which is similar to AIA, all seems to indicate a reasonable result and not the doomsday scenario of all these NZ brokers.

If u are of a cynical mind, U also might remember that Kiwi brokers like a good downramp to get AIA market beta for their firm NZX tracking funds to become a balanced fund or index fund KiwiSaver provider or do better than the default providers to win business. I can see why all would cynical about Kiwi broker recs IMHO but pls DYOR.

Same with SPK, I think AIZ is much better than all give it credit for IMHO but pls DYOR.