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Re: I need to know....

PostPosted: Wed Sep 06, 2023 9:37 am
by gadj1976
DOC wrote:What the fallout for QANTAS will be in the long term. Share price has fallen 15% in the last 7 days. The ACCC I think will be successful in having them fined which will probably hurt the share price again.


almost time to buy!

Re: I need to know....

PostPosted: Wed Sep 06, 2023 12:27 pm
by Jimmy_041
DOC wrote:What the fallout for QANTAS will be in the long term. Share price has fallen 15% in the last 7 days. The ACCC I think will be successful in having them fined which will probably hurt the share price again.


I think the bigger problem is the cost of new planes - he's run the fleet into the ground

Talking to a couple of legal mates yesterday, he's going to be squirming for a while re insider trading
He can fall back on the company (or Chairman) approved it, but that will just drop them into it as well.
Its not a defence if he knew the problem (and he should have?
Qantas will keep on giving for a while

Re: I need to know....

PostPosted: Wed Sep 06, 2023 1:05 pm
by MW
Jimmy_041 wrote:
DOC wrote:What the fallout for QANTAS will be in the long term. Share price has fallen 15% in the last 7 days. The ACCC I think will be successful in having them fined which will probably hurt the share price again.


I think the bigger problem is the cost of new planes - he's run the fleet into the ground

Talking to a couple of legal mates yesterday, he's going to be squirming for a while re insider trading
He can fall back on the company (or Chairman) approved it, but that will just drop them into it as well.
Its not a defence if he knew the problem (and he should have?
Qantas will keep on giving for a while


flown Qantas recently? he's flying the stewards into the ground also... most if not all nearing retirement age

Re: I need to know....

PostPosted: Wed Sep 06, 2023 1:42 pm
by Jimmy_041
MW wrote:
Jimmy_041 wrote:
DOC wrote:What the fallout for QANTAS will be in the long term. Share price has fallen 15% in the last 7 days. The ACCC I think will be successful in having them fined which will probably hurt the share price again.


I think the bigger problem is the cost of new planes - he's run the fleet into the ground

Talking to a couple of legal mates yesterday, he's going to be squirming for a while re insider trading
He can fall back on the company (or Chairman) approved it, but that will just drop them into it as well.
Its not a defence if he knew the problem (and he should have?
Qantas will keep on giving for a while


flown Qantas recently? he's flying the stewards into the ground also... most if not all nearing retirement age


i know a few younger ones through my kids. They all got jobs during / since Covid and wont go back.

Re: I need to know....

PostPosted: Wed Sep 06, 2023 3:16 pm
by Jim05
DOC wrote:What the fallout for QANTAS will be in the long term. Share price has fallen 15% in the last 7 days. The ACCC I think will be successful in having them fined which will probably hurt the share price again.
Long term they will be fine. Some short term pain especially with 10 years of Capex to come, some of it not Joyce’s fault either as delays in manufacturing has put all orders back several years.
They need to change quite a few things and I’m not sure Vanessa will be able to implement the changes or be given the time to. She is a pretty good operator and nice enough person but she is a Joyce clone and handpicked by him to take over and as the ex CFO she was known for having tight purse strings and I think she will need to make some cutbacks to some areas. The board all need to go, that much is certain. If they can get through the next few years in a sound position they will be fine especially with some exciting new projects on the freight side of things which brings them in good money and hopefully the Project Sunrise aircraft start arriving shortly as well as some reinforcements for the narrow bodies which will open up a stack of thin routes and will be especially good for Adelaide

Re: I need to know....

PostPosted: Wed Sep 06, 2023 4:31 pm
by Jimmy_041
Jim05 wrote:
DOC wrote:What the fallout for QANTAS will be in the long term. Share price has fallen 15% in the last 7 days. The ACCC I think will be successful in having them fined which will probably hurt the share price again.
Long term they will be fine. Some short term pain especially with 10 years of Capex to come, some of it not Joyce’s fault either as delays in manufacturing has put all orders back several years.
They need to change quite a few things and I’m not sure Vanessa will be able to implement the changes or be given the time to. She is a pretty good operator and nice enough person but she is a Joyce clone and handpicked by him to take over and as the ex CFO she was known for having tight purse strings and I think she will need to make some cutbacks to some areas. The board all need to go, that much is certain. If they can get through the next few years in a sound position they will be fine especially with some exciting new projects on the freight side of things which brings them in good money and hopefully the Project Sunrise aircraft start arriving shortly as well as some reinforcements for the narrow bodies which will open up a stack of thin routes and will be especially good for Adelaide


Goyder saying he's the man to fix it reminded me that Bannon said the same thing about the State Bank

Image

Re: I need to know....

PostPosted: Wed Sep 06, 2023 6:45 pm
by Corona Man
Will @wedgie50,000 post be worth it?

$1.19 - about 119
$2.10 - probably not
$3.50 - line ball
$5.00 - a hint of mirth
$7.50 - about drinking
$10.00 - about drinking and getting kicked out of the Casino
$15.00 - about a country in SEA
$35.00 - deflecting
$75.00 - forum rules

Re: I need to know....

PostPosted: Wed Sep 06, 2023 7:02 pm
by Brodlach
Central Coast Mariners grand final victory surely right up there.


I’ll have $100 on alcohol @ $7.50.

Re: I need to know....

PostPosted: Wed Sep 06, 2023 7:11 pm
by Corona Man
Brodlach wrote:Central Coast Mariners grand final victory surely right up there.


I’ll have $100 on alcohol @ $7.50.

Bugger. I left out Tottenham too.

Re: I need to know....

PostPosted: Wed Sep 06, 2023 7:12 pm
by Wedgie
Don't forget the Bengals and Leeds Rhinos.
I'm also currently browsing for a new gaming pc, it might be about that!
What odds for never getting to 50k? :D

PS I've never got kicked out of the casino! Been kicked out of places 3 times, Adelaide Oval, The Grenfell Tunnell and the MorephettVale Tavern!
Funny you should say that though as I was comparing this achievement with a young lady at work today who has only been kicked out of the casino. :shock: :lol:

Re: I need to know....

PostPosted: Wed Sep 06, 2023 7:21 pm
by Corona Man
Wedgie wrote:Don't forget the Bengals and Leeds Rhinos.
I'm also currently browsing for a new gaming pc, it might be about that!
What odds for never getting to 50k? :D

PS I've never got kicked out of the casino! Been kicked out of places 3 times, Adelaide Oval, The Grenfell Tunnell and the MorephettVale Tavern!
Funny you should say that though as I was comparing this achievement with a young lady at work today who has only been kicked out of the casino. :shock: :lol:

Getting kicked out of the Grenfell tunnel, back in the day, you’d get hooked off the street into the joint!

Re: I need to know....

PostPosted: Wed Sep 06, 2023 7:24 pm
by Wedgie
Corona Man wrote:
Wedgie wrote:Don't forget the Bengals and Leeds Rhinos.
I'm also currently browsing for a new gaming pc, it might be about that!
What odds for never getting to 50k? :D

PS I've never got kicked out of the casino! Been kicked out of places 3 times, Adelaide Oval, The Grenfell Tunnell and the MorephettVale Tavern!
Funny you should say that though as I was comparing this achievement with a young lady at work today who has only been kicked out of the casino. :shock: :lol:

Getting kicked out of the Grenfell tunnel, back in the day, you’d get hooked off the street into the joint!

Yeah, I saw 3 blokes perving on my mate in the cubicle and hurled a few expletives at them.
Unbeknown to me it was 3 bouncers looking as he was asleep.
I was about 18 at the time and about 6 gym monster bouncers played pinball with me all the way to the front door.
Morphy was for dancing on the tables when I was a similar age.
And we all know about Adelaide Oval.
Luckily I've mellowed out in my 50s. :lol: :oops:

Re: I need to know....

PostPosted: Thu Sep 07, 2023 1:16 pm
by Jimmy_041

Re: I need to know....

PostPosted: Thu Sep 07, 2023 1:26 pm
by MW
Corona Man wrote:Will @wedgie50,000 post be worth it?

$1.19 - about 119
$2.10 - probably not
$3.50 - line ball
$5.00 - a hint of mirth
$7.50 - about drinking
$10.00 - about drinking and getting kicked out of the Casino
$15.00 - about a country in SEA
$35.00 - deflecting
$75.00 - forum rules


What is "humble brag" paying?

Re: I need to know....

PostPosted: Thu Sep 07, 2023 1:28 pm
by Booney


Nice one, should cure insomnia.

Re: I need to know....

PostPosted: Fri Sep 08, 2023 10:40 am
by Booney
Corona Man wrote:Will @wedgie50,000 post be worth it?

$1.19 - about 119
$2.10 - probably not
$3.50 - line ball
$5.00 - a hint of mirth
$7.50 - about drinking
$10.00 - about drinking and getting kicked out of the Casino
$15.00 - about a country in SEA
$35.00 - deflecting
$75.00 - forum rules


Not sure mate, keeps deleting posts to make the 50,000th one a good one so we might be waiting a while.

Re: I need to know....

PostPosted: Fri Sep 08, 2023 10:56 am
by Footy Chick
Booney wrote:
Corona Man wrote:Will @wedgie50,000 post be worth it?

$1.19 - about 119
$2.10 - probably not
$3.50 - line ball
$5.00 - a hint of mirth
$7.50 - about drinking
$10.00 - about drinking and getting kicked out of the Casino
$15.00 - about a country in SEA
$35.00 - deflecting
$75.00 - forum rules


Not sure mate, keeps deleting posts to make the 50,000th one a good one so we might be waiting a while.


Oh good, it wasn't me thinking I was seeing things...could've sworn he was at 49999 yesterday :lol:

Re: I need to know....

PostPosted: Fri Sep 08, 2023 10:57 am
by Wedgie
Footy Chick wrote:
Booney wrote:
Corona Man wrote:Will @wedgie50,000 post be worth it?

$1.19 - about 119
$2.10 - probably not
$3.50 - line ball
$5.00 - a hint of mirth
$7.50 - about drinking
$10.00 - about drinking and getting kicked out of the Casino
$15.00 - about a country in SEA
$35.00 - deflecting
$75.00 - forum rules


Not sure mate, keeps deleting posts to make the 50,000th one a good one so we might be waiting a while.


Oh good, it wasn't me thinking I was seeing things...could've sworn he was at 49999 yesterday :lol:

:lol:

Or maybe I'm manipulating my counter and noone will know which one is/was my 50,000th? 8)
And maybe noone willl ever see it but me? Bit of fun anyway.
Small things and all that. ;)

Re: I need to know....

PostPosted: Fri Sep 08, 2023 11:12 am
by Wedgie
Aww damn I missed it, what was it? :lol:

Re: I need to know....

PostPosted: Fri Sep 08, 2023 11:39 am
by Trader
Wedgie wrote:Aww damn I missed it, what was it? :lol:


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