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AIA - Auckland International Airport

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GreatPig

GreatPig

Pigs In Space
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I've been watching this one for some time, as until July last year it was in a constant uptrend. It is fairly thin though.

Looking at it again now, it's completed a retreat that just touched the 38.2% fib line back in May, and has broken through the down-trend line on reasonable volume. The last two breakout days of trading have had about four times the average daily volume (based on a 100 day EMA).

My trendline plugin for AmiBroker has also just indicated a buy.

I'll be looking at this one again closely next week as a potential investment purchase.

Cheers,
GP
 

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I too have been looking at this from a value investment point of view because it is a monopoly.

Only thing that scared me is it has big debts. Over 6 times its yearly profit.

However it is a monopoly and its current prices are cheap, heaps of room to move. For instance departure tax of AUD$20 is 1/6th of Sydney International airport, parking is very cheap there as well.

P/E ratio is far too high as well. I wont buy it until the price goes down more and they pay off some debt.
 
Hmm... it wasn't supposed to do that. :eek:

GP
 

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hi there :)
In this months New Zealand investor mag there is a blueb on AIA . To look at it now as mearly an airport is to miss most of there key structure . It's almost a city in it's self
Have a look at your bookstore . You can stand there and read it or go to borders and sit down and read it :)
Cheers Martin
 
I'll be flying through there in a few weeks time. If the price hasn't gone back up by then, maybe I'll chase up the CEO and demand an explanation for the poor share performance. :D

GP
 
unusal high volume for the past few days... not familiar with airport business but indicators is sounding bullish. :2twocents

anyone still following?
 
AIA intend a Return of Capital April if shareholders agree. Cancelling 1 share in 10 at $3.41. Supposedly to balance debt/equity. They are doing well with China airlines increasing trips but as was noted by someone they are more than an airport. Go to NZX site and there should be more details for you.
 
AIA: Price is close to all time highs and might show some movement when demand overpowers supply.

I like the break-out setup and I don't think I've missed this one yet. I've used a line chart as it shows the levels clearer.

aia130315.PNG
 
peter2 said:
AIA: Price is close to all time highs and might show some movement when demand overpowers supply.

I like the break-out setup and I don't think I've missed this one yet. I've used a line chart as it shows the levels clearer.

View attachment 61974
Click to expand...

Nice identification peter2.

Clear sky in the background and if it pushes through $4.40 (and closes above) you'll have yourself a winner. Initial entry risk isn't too high either which is good. Has all the right signals to be continuing on with its trend.

Good luck if you purchase.

I'm maxed out on capital at the moment and have a nice tax bill to pay over the next week before the cut off. No more additional capital available until mid-April (not counting a nice flow of dividend income over the next couple of weeks).

Love this game!
 
Back in March15, we identified a promising buy opportunity in the AIA chart. The current AIA chart looks interesting once again.

This time the opportunity is a reversal off support. The support level is shown as 5.50. The weekly chart shows one of my favourite candlestick patterns, the High Close Doji (HCD) that is located right on the support level. Volume has also increased recently, making the TMF rise. This indicates accumulation.

The daily chart shows a >2ATR move off the recent low.

aia2411.PNG

ps: The EW purists may consider the corrective ABC has more room to move and this would imply the 5.00 level may provide stronger support. I'm going with my "gut" and saying the truncated "c" wave is another bullish indicator.
 
peter2 said:
Back in March15, we identified a promising buy opportunity in the AIA chart. The current AIA chart looks interesting once again.

This time the opportunity is a reversal off support. The support level is shown as 5.50. The weekly chart shows one of my favourite candlestick patterns, the High Close Doji (HCD) that is located right on the support level. Volume has also increased recently, making the TMF rise. This indicates accumulation.

The daily chart shows a >2ATR move off the recent low.

View attachment 84909

ps: The EW purists may consider the corrective ABC has more room to move and this would imply the 5.00 level may provide stronger support. I'm going with my "gut" and saying the truncated "c" wave is another bullish indicator.
Click to expand...
I am also watching AIA closely, looks like a nice entry point.
 
Price continued higher for a while then became stuck in a sideways range. Last week price broke higher and is looking much more bullish. However we can't get too excited as price is currently in a sell zone from the last impulsive move down.

I'm pleased to see the increase in volume this year compared to last year (2017). The difference is very noticeable on the weekly chart. Both volume indicators (OBV and TMF) are rocking (bullish). Notice the volume increase when price broke out last week (daily chart). Classic.

aia1106.PNG
 
This is the first stock of hopefully five if I can find five, to illustrate to tech/a my technique of choosing stock investments which give me good long term positive outcomes. I am going to put up an example of how I enter a long term trade. It is early days for this stock but I start watching a stock around this level until it fulfills all my entry signals. I want to see three higher highs and three higher lows and then I want to see the price lift above a resistance line and retest it. Once it has bounced up off the now support line it is at that stage, provided the markets appear to be in a reasonably robust state I will enter the trade.

I am feeling quite bearish about the markets and my gut feeling is saying to me it is at a real risk of a slide. Excellent for short-sellers of which I am not one. I don't swing each way, I like to keep to the left. If I feel uncomfortable about entering a trade, I step aside and wait. I never feel an urgency to trade, I don't want the 'thrill' of it, nor am I a gambler. I am an investor and expect a decent return on my investment.

The AllOrds is one of a number of Indices which are concerning me at the moment here is a link to my thoughts on the AllOrds https://www.aussiestockforums.com/posts/1010081/

...and now the chart which is displaying the first higher high and higher low
as I see it. It now has a short term support line to move along and re-test. It is OK to fail this support as long as the low doesn't fall equal or lower than the first low I have numbered (1).

aia demo 16.1.19.png
 
Auckland International Airport Limited (AIA) has held up pretty well during the market pull back and through all the volatility of late. It may do even better if the uncertainty returns to the markets due to it's defensive qualities.
 
There was a huge volume spike of 953.81th on Thursday. Looking at the Twiggs Money Flow, it was leaving. It has hit a double top from September 2016. It will be interesting to see how far it drops.

aia 11.3.2019.png
 

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