Union approves strike action as Joyce says their demands are insupportable
In a nationally broadcast speech, Qantas boss Alan Joyce says the airline had to change with the times or risk going the way of Ansett which collapsed ten years ago. Roger Montgomery adds “I have very low expectations for airlines. I think that you would hate to own the business outright and so I don’t own a little piece of it either.” Listen to podcast.
Roger Montgomery is the Founder and Chairman of Montgomery Investment Management. Roger has over three decades of experience in funds management and related activities, including equities analysis, equity and derivatives strategy, trading and stockbroking. Prior to establishing Montgomery, Roger held positions at Ord Minnett Jardine Fleming, BT (Australia) Limited and Merrill Lynch.
This post was contributed by a representative of Montgomery Investment Management Pty Limited (AFSL No. 354564). The principal purpose of this post is to provide factual information and not provide financial product advice. Additionally, the information provided is not intended to provide any recommendation or opinion about any financial product. Any commentary and statements of opinion however may contain general advice only that is prepared without taking into account your personal objectives, financial circumstances or needs. Because of this, before acting on any of the information provided, you should always consider its appropriateness in light of your personal objectives, financial circumstances and needs and should consider seeking independent advice from a financial advisor if necessary before making any decisions. This post specifically excludes personal advice.
Tony C
:
Hi Roger
I am embarrassed to say i owned Qantas shares for a long time until i read your brilliant book. They were the first stock i sold at much higher prices than todays in a effort to clean out my portfolio
Thanks for that. The savings paid for your book many hundreds of times
Tony
Roger Montgomery
:
Delighted to hear it Tony! Thanks for sharing.