AIZ 1.01% 49.0¢ air new zealand limited

I'm going to start accumulating down here:you couldn't bring a...

  1. 10,144 Posts.
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    I'm going to start accumulating down here:
    • you couldn't bring a more dire set if circumstance/restrictive government on a stock;
    • recent capital raisings have the balance sheet under control;
    • based on FY24's PE its reasonably priced and that's just the start of the recovery;
    • first time in a while AIZ has traded under the average analyst price target;
    • probably a good amount of EOFY tax selling and retailers dumping shares acquired via the rights issue in recent times.

    I expect to be holding for many years however, not a quick fix this one.
    Last edited by convexity: 06/06/22
 
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