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Apr 04
Saturday
Stocks

Regional Express

1 Comment April 4, 2009 – 10:56 pm |   | Permalink | Print This Post Print This Post |

I have been accumulating REX in my personal portfolio from 80s upwards. My work requires me flying to the outbacks in Australia serviced by REX and Qantas and i can assure you the flight is always full. Qantas will not be able to compete on these routes - too expensive, no direct flights, infrequent flights. REX has a monopoly and with the resurgence of the mining industry (may take years), I am sure REX will do well long term. Downside is: lack of growth, loss of pilots (the economic crisis will take care of this as major airlines cut more jobs). 

Loaded up on REX at 5000 at 90c 


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One Response to “ Regional Express ”
  1. admin
    Apr 4, 2009
    Reply

    thanks for the post deardoc. i logged into your account to edit the colour. will also help you add a picture. its simple just click on ADD MEDIA and upload the file from your computer (ie you first need to download the image file of interest). 


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