virgin to hit 70c per share in the next year, page-13

I am sorry smp17 it appears that i have confused you a little.. i was not whining , i was simply explaining to you how flawed your views were on sellers and trying to make you understand why it was/is not dumb .. as you explained you asked the question , i was merely replying.

you seem to have amazing powers of observation in business , however at the same time appear to lack a basic understanding of the English Language.

you were 100% correct about something that was predetermined months and months ago that etihad would buy up to a 19% level .. please do not fool yourself into thinking that you booked this for yourself, also you made a comment about Australians thinking that there was a firesale .. perhaps you have been dwelling in a dark cave for the the last 5 years but yes things certainly are not how they were before , nor will they return to the state they were( i hope ).

smp17 there are some great readings out there on this company by persons more qualified to give advice on this company.

here are a few :-

CIMB Securities 02-Sep-13
Virgin Australia's valuation is still too stretched, in CIMB's opinion. The result was predictably weak and FY14 is expected to be better. How much better will depend on how quickly demand grows into the excess capacity in the system.

CIMB thinks the stock, on fundamental earnings, is overvalued and retains an Underperform recommendation. The price target is reduced to 36c from 37c.

Underperform
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Citi 02-Sep-13
The FY13 loss was in line with guidance given on August 5. Second half results reflected the issues associated with the new reservation system as well as lower yields from aggressive price-based competition.

Despite being supportive of the structural changes management are making to the business, Citi thinks there is still at least another 12 months of integrating Skywest and Tiger. Given the risk profile associated with such integrations, the broker does not find the current share price attractive.

The Sell rating is retained and the price target is reduced to 36c from 42c.
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JP Morgan 02-Sep-13
Virgin's loss fell inside the revised guidance range. It was a tough year for the airline and the broker expects FY14 to be tougher still. VAH is protected by A$ fuel cost hedges for the first half but when these roll off, the jump in costs will not be able to be passed on in full, the broker suggests. Qantas ((QAN)) is likely to match VAH on seat capacity and while the broker sees the transformation into a full service domestic carrier, with Tiger the budget airline, as paying off eventually, it feels the risks over the next 12-18 months remain to the downside.

Underweight and 35c target retained.

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Deutsche Bank 02-Sep-13
Results were in line with expectations, but then this is no surprise to the broker given the profit warning back in early August. A better result in FY14 is expected but Deutsche Bank thinks the company will struggle to achieve better than break even.

The Hold rating is retained and the price target is steady at 40c.
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above are a few more reasons why it not "DUMB" to sell around the 45/46 lvl .

Please feel free to ask further questions smp and i will do my best to respond in a timely manner. ;)