VBA 0.00% 35.5¢ virgin blue holdings limited

qantas grounding all aircraft, page-13

  1. 113 Posts.
    Qan will most likely go into a trading halt tomorrow morning pending a fair work announcement. Vba should test the 40c mark although a rally higher than this would be short lived as I think the qan dispute has come to a head and will be settled within 21 days from tomorrow as per FWA regulations. We should then see a good rally in qan as they will most likely come out as winners. Vba earnings will increase over the next few years so their sp should follow. My 12 month target is 60-70c for Vba and $1.90-$2 for qan.

    By the way , I hold both Vba and qan as i think the whole aviation industry has been oversold the last 1-2 years and is due for better times ahead.

    My opinion only
 
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