COMPARISION TO LAST NOVEMBER

[#1]

Wow, their is almost a 3x deficit in this share as compared to 25th Nov last year. Any one thinks this will be a good buy now??

[#2]

They are an airline company. Those barely ever stay in profits, so i steer clear of them

[klapka]

More like goodbye.

[Rams]

1 TIME i heard its never a good time to shares in airlines

[InvestOne]

Don't buy it...even if they do improve, it will take a long time. Just look at the daily volumes: there was something like 2 trades today.

[#6]

Maybe short term??

[#7]

If you really want to than short term

[#8]

Cool, thanks to all for the replies, i think i'll pass on this share.

[#9]

Comair is a better share if you want exposure to an airline but it has pulled back quite a bit as well. You can use it as a barometer though for a possible entry into 1 Time. Wouldn't touch 1 Time until they start making profits again. Comair has a good track record but as I've mentioned they have pulled back. Market conditions do not favour airlines currently so I would wait if I was you and monitor them as well as market conditions. I like your approach though. I follow a similar one i.e. target shares that have deteriorated drastically relative to past performance and then look for signs and signals of a possible turnaround. I then wait for confirmation i.e. turnaround in financial performance and then use some technical indicators to assist with an entry. Managed to hit a few good picks so far by doing this. I also look into low PE stocks and ones with decent dividend yields.

[#10]

Hwzit man, thanks for the reply. Any good tips on prospective buys?

[#11]

Haven't got any new ones yet. My current ones that have done alright for me are: Amecor, Beige, Beige Prefs and Wescoal (bumpy ride). I have some CBH as well (pay decent dividends - quarterly) and Pallinghurst. I had Ansys and InterWaste which I sold when they climbed a bit but they seem to have advanced even more since. Watch Blue Financial Services - seems to be renewed interest in it recently. Pulling back slightly at the moment so watch it. Not sure what indicators you're use for entry points. If I stumble across anything new, I will update my post. Check the forum out as well. Often fellow users post interesting things about shares they have or are interested in.