Aeronautical takeoff?

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Glasshalfull - Tue, 28 Dec 04 :

Hi

I'm a previous holder in AI. and think it has tremendous potential.

This is definately on my radar (keep coming back to it and running the numbers) but I believe that it'll only be re-rated when they ACTUALLY meet expectations.

I won't be taking the plunge at the moment.

Unfortunately the slide in the dollar may also be making the market nervous with its impact on company profitability. I'm worried not only by this but that any change to the trading conditions mentioned at the AGM would have a knock-on effect; not only harm profitability but may highlight the debt taken on by Aero and lead to a long time in the wilderness before the market forgave - again !

Too many "if's" in my book at the moment.

Once the company demonstrates the earnings muted then I'm certain they'll fly and my cue to re-join the party - even if at a higher price.


Regards

Glasshalfull


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