VBA 0.00% 35.5¢ virgin blue holdings limited

good couple of days, page-32

  1. 425 Posts.
    lightbulb Created with Sketch. 52
    Patience is definitely required for VBA as the changes being implemented will require time for the benefits to flow back to the bottom line.
    My view is that VBA is a buy and hold stock for the next 12-24 months. JB has made clear that 2012-2013 is the year where he expects the consolidation of all the hard work to reflect in consistent profit with dividends back to shareholder.
    In my view, VBA at 0.30cents is buying at the bottom (hence my light buy sentiment). If VBA can consistently deliver a profit north of $100M per annum, the share price will be north of 0.90cents (IMO).

    If you cant wait 12 months, then IMO VBA is not the stock for you for now.

    Cheers.
 
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Currently unlisted public company.

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