Forum Archive Index - May 2000

["Warner Lamb" <cloud9@i4free.co.nz>]

Yes, It seems a crazy discount to Singapores $3.00 stand just weeks
ago...well about 30% at $2.15.
If you look at AIRVA..@$1.81 gives PE3.9  Yield8.3%  and last NTA 357c and
profit $258m..They must be thinking where the hell are we going wrong!
The good things must be alliance with singapore and Olympics and Tourism and
safety record and good reputation and modern fleet and dominance and I hear
they're stepping up their internet presence,so even margins can increase by
cutting out agents.You mentioned one problem,oil and I suppose Virgin? but I
can't think of much else.Also if the internet grows at such high speeds,then
surely global deliveries must increase as our borders decrease...Who's going
to deliver that must have item from overseas..A ship?  And does it look
undervalued at almost half NTA...must be?.comments on downsides please (ex
crashes)
Warner.




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