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Falling oil price and nolonger paying jetstars fuel bill have...

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johnyb26

3,217 Posts.

67

09/12/14

00:07

Post #: 14429761
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Originally posted by ash kumar ↑

To Funnybone
Good to read your views. People used to say a lot of nasty things about Qantas couple of years ago. See Qantas SP sitting at$2.39 today (Darling of the market today).

In my views, the same thins applies here. Things changes with time. One needs to think- education sector would continue to grow and students would enrol year after year.

VET is undergoing organisational/structural change as any other organisation. I am sure it would emerge. VET is down but not out.

Another point is consolidation-which is underway at the moment as some are reducing exposure to VET and some are increasing VET holdings.

Certainly, time will tell the degree of confidence that VET needs the most from its investors.

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Falling oil price and nolonger paying jetstars fuel bill have helped Qantas boost profits. Qantas dont have a looming legal battle on their hands. Airlines and education are different industries.

VET Price at posting: 19.0¢ Sentiment: Sell Disclosure: Not Held
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