Cathay Pacific / WKN 870986

Gute Nachrichten aus Sued-China
Wenn die WHO die Reisewarnung aufhebt - sollten eigentlich innerhalb der naechsten 3 Monate die Passagierzahlen wieder steigen und damit auch die Aktie.
Eventuell ein kleines Zubrot in dieser doch eher bescheidenen Zeit

Gruss
N.H.

Reuters
WHO hebt Reisewarnung für Hongkong und Südchina auf
Freitag 23. Mai 2003, 12:40 Uhr

Genf/Taipeh, 23. Mai (Reuters) - Die Weltgesundheitsorganisation (WHO) hat am Freitag ihre Reisewarnung für Hongkong und den Süden Chinas aufgehoben.
Die lebensgefährliche Lungenkrankheit Sars sei in den beiden Regionen unter Kontrolle gebracht, teilte WHO-Chefin Gro Harlem Brundtland am Sitz der Organisation in Genf mit. Die WHO hatte ihre Reisewarnung am 2. April erlassen. Wegen der Krankheit hat die Wirtschaft der Region, aber auch international arbeitende Reiseunternehmen wie die Lufthansa Anzeige

(Xetra: 823212.DE - Nachrichten - Forum) starke Einbußen erlitten. Die Krankheit war WHO-Erkenntnissen zufolge im November in der südchinesischen Provinz Guangdong ausgebrochen und hatte sich von dort aus in fast 30 Staaten verbreitet, am stärksten allerdings in Asien. Mehr als 8000 Menschen haben sich angesteckt, knapp 700 Patienten sind der Krankheit erlegen.

Im Gegensatz zu Hongkong und Guangdong bezeichnete die WHO die Entwicklung der Krankheit in Taiwan als Gesorgnis erregend. Der Inselstaat im Süden Chinas berichtete am Freitag von 55 weiteren Fällen nach einer Rekord-Zunahme von 65 Fällen am Vortag. Die Zahlen ließen aber nicht auf eine "explosive Ausbreitung schließen, weil ältere und neue Fälle auf täglicher Basis zusammen gemeldet werden". In Taiwan sind inzwischen mehr als 530 Menschen an Sars erkrankt, das ist die dritthöchste Zahl an Sars-Infektionen nach China und Hongkong.


 

Ich erwarte keine riesen Spruenge, aber innerhalb der naechsten 3 Monate erhoffe ich mir schon min. 15%+ und das sollte in diesen Zeiten ausreichend sein.
In Hong Kong spricht man darueber die Start und Landekosten um bis zu 50% zu reduzieren.
Hong Kong wird in naechster Zeit einen Haufen Geld fuer Werbung ausgeben und das sollte sich dann auch fuer Cathay in besseren Passagierzahlen ausdruecken.
Gruss
N.H.  

1. Investoren von China duerfen JETZT in Hongkong investieren und deshalb stieg
  heute der HSI um 2%

2. Die layovers der Crew wurde verkuerzt, ergo weniger Spesen und Hotelkosten

3. Aufgrund der niedrigen Passagierzahlen (wegen SARS) wurde der groesste Teil
  der Crew beurlaubt (unbezahlten Urlaub)

4. Crew pro Flug downsized, z.B. nur 1 Senior Purser (normal 3) pro Flug.
  Gehalt von Senior Purser ist relativ gut und daher weniger Kosten fuer CX.

5. Cargo Aufkommen HOCH

6. Anteil Dragon Air
  Dragon Air hat zwar auch weniger Passagiere verzeichnen muessen, aber die
  Cargo Rate ist gestiegen.

usw usw

KZ HK$ 14-15 bis Ende Dezember !

Stox Dude

 

 

rechne aber das der Euro wieder auf 1,13 fallen wird, nach der Zinssenkung.
Momentan kriegt man mehr HK$ fuer Euro.

Stox Dude

 

 

 

2007-9-23   08:59:00 p.m. HKT, XFNA
Cathay Pacific may buy China Eastern stake and try to block SIA deal - report



-

HONG KONG (XFN-ASIA) - Cathay Pacific Airways may launch an attempt to buy a significant stake in China Eastern Airlines and use the holding to try and scupper Singapore Airlines' deal to acquire a stake in the mainland carrier, the South China Morning Post reported over the weekend, citing unnamed sources.

It also said that Cathay may use its alliance with Air China to block the Singapore Airlines deal at a China Eastern shareholder meeting in December.

Cathay and Air China have cross-shareholdings, while Air China's parent has accumulated an 11 pct stake in China Eastern.

The report did not mention the size of the stake that Cathay is seeking to buy in China Eastern, but Britain's Daily Telegraph said that it could be worth about 4 bln usd.

Singapore Airlines and the city-state's Temasek Holdings said earlier this month that they plan to buy a combined 24 pct stake in struggling China Eastern for about 923 mln usd.

The deal requires the support of two-thirds of minority shareholders.

Cathay's proposal is still be worked on, the Daily Telegraph said citing unnamed sources.

""There are still a lot of moving parts,"" one person close to the situation was quoted as saying.

Cathay Pacific is expected to make a statement to the Hong Kong stock exchange soon after its shares were suspended Friday afternoon pending an announcement on a ""proposed transaction"".

Cathay's share price hit an all-time high of 23.05 hkd Friday morning before closing the session up 10.73 pct at 22.70. The stock was suspended in the afternoon. China Eastern's shares closed Friday up 12.4 pct at 9.72.  

Hong Kong's Cathay Pacific a 'buy' for short-term on possible B787 delay - UBS



HONG KONG (Thomson Financial) - UBS Investment Research said Wednesday it has rated Cathay Pacific Airways a short-term ""buy"" as Hong Kong's largest airline could benefit from a possible six-month delay in the introduction of the new Boeing 787.

Cathay Pacific is the only major Asian airline not to have ordered the new aircraft, and is likely to benefit if a delay in deliveries of the 787 makes tight supply in the global aviation industry even tighter, UBS said.

Boeing is making extensive use of composites in the construction of the aircraft, which is expected to reduce fuel consumption and maintenance, making it 20 percent cheaper to operate than other planes. But Boeing's heavily outsourced manufacturing process is encountering some teething problems, according to media reports in the US.

""We think a delay in 787 could refocus investors on the tight supply/demand situation in global aviation and propel Cathay above its recent trading range,"" said UBS analyst Damian Horth in a research note.

""Cathay is likely to be a key beneficiary of any delay because its growth plans won't be compromised.""

Of the estimated 35 deliveries of the Boeing 787 in 2008, many will be to Asian airlines such as All Nippon Airlines, Air China, China Southern and China Eastern.

The three Chinese carriers are slated to receive 10 aircraft in July and August 2008, in time for the peak in demand for travel during the Beijing Olympics, UBS said.

""While airlines can defer aircraft retirements, and are also likely to receive compensation from Boeing, this delay has the potential to crimp growth plans,"" said Horth.

UBS is keeping its 12-month ""neutral"" rating for Cathay shares, with a target price of 24.00 Hong Kong dollars.

Cathay stock was last down 45 cents or 2.1 percent at 21.40 dollars Wednesday as investors locked in profit after it rose around 6 percent on Tuesday.

Last month, Cathay shares gained sharply on hopes that the airline would team up with Air China to make a bid for China Eastern Airlines. The stock corrected after the company said it was backing out of the race for mainland airline.

Since the start of this year, Cathay has traded between 18 dollars and 22 dollars. It has gained 13 percent since the end of 2006, underperforming the Hang Seng Index, which has gained more than 39 percent.

""We think this reflects the difficult cargo market, high asset-based valuations and more recent concerns about global growth,"" said Horth.  

 

Cathay Pacific 2007 Net Profit HK$7.02 Bln Vs HK$4.09 Bln

Cathay Pacific Airways Ltd. (0293.HK) said Wednesday its 2007 net profit rose 72%, as strong demand for first- and business-class travel boosted yields, despite a continued surge in fuel prices. Net profit for the year ended Dec. 31 rose to HK$7.02 billion from HK$4.09 billion in 2006. The results were sharply above an average forecast of HK$5.88 billion by 13 analysts polled by Thomson Financial. Cathay Pacific's revenue in 2007 totaled HK$75.36 billion, up from HK$60.78 billion. It recommended a final dividend of 59 HK cents, up from 32 HK cents a year earlier. The Hong Kong-based airline, which also owns China-focused Hong Kong Dragon Airlines Ltd., carried 23.25 million passengers in 2007, up 4.3% from a year earlier. Its cargo traffic rose 3.0% to 1.64 million metric tons. Cathay Pacific is Hong Kong airport's biggest passenger and cargo airline operator, accounting for about 25% of the airport's traffic movements. The airline and its units, Hong Kong Dragon Airlines Ltd. and AHK Air Hong Kong Ltd., operate a fleet of more than 130 aircraft. -By Jeffrey Ng, Dow Jones Newswires; 852-2802-7002; jeffrey.ng@dowjones.com Copyright (c) 2008 Dow Jones & Company, In  

Cathay Pacific (293, $16.32) 12M Target $15.50 HOLD

Event: Cathay Pacific reported net profit of $7,023mn (EPS $1.78) in 2007, up 72% yoy.

Cathay Pacific reported earnings growth of 72% yoy to $7.0bn in 2007, that was 19% above market consensus.

Key earnings drivers for 2007 included : (1) passenger yield increased 11% yoy thanks to weak US dollar and robust business class travel; (2) higher-than-expected non-operating gains of $933mn from fuel hedging and $490mn from exchange gains.

Looking forward, the global economy is slowing and competition is increasing (Oasis, Chinese cargo carriers, SIA). Jet fuel prices will remain high for 2008. We believe passenger yield has peaked in 2007.

We have downgraded our recommendation from buy to HOLD with 12-month target price of $15.5, representing 10x 2008 earnings.  

hier mal was neues zu Cathay ....

hat irgendjemand noch andere inputs ?

http://www.bloomberg.com/news/videos/2015-03-18/...ter-than-hedge-chu  

 

https://www.bloomberg.com/news/articles/...kes-it-top-hong-kong-stock

 

Cathay Pacific Carried Only 458 Passengers a Day in April

https://www.bloomberg.com/news/articles/...-april?srnd=premium-europe  

reitet eine nicht kalkulierbare Pandemie eine vormals extrem solide geführte Airline in die Grütze. Oder mag sich jemand vorstellen, dass sich der Luftverkehr in den nächsten zwölf Monaten auf alte Zahlen wieder erholt?  

Wobei man hier sogar noch einsteigen kann ... meine Singapur Airline heute im Senkrechtflug :—))