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rex Celebrating 20 Years

Old 30th Aug 2022, 09:34
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Originally Posted by 43Inches
Not sure what the excitement is, but the last few weeks the ASX has been flat, with Rex shares pretty much pacing with it the last 5 days on comparison. Looks odd but generally the company results are totally in line with what the market expected from the look of it so no one of note batted an eyelid and probably just some minor trades going on.

It's got nothing to do with tracking the ASX. The ASX is made up of a basket of shares, some winners some losers on any given day. Look at MickG0105 chart. Did the market go up some 16% over the two days early August before it levelled out as you have observed. What about in February? I have watched this stock for a long time and it just doesn't make sense. Large increases in market cap on as little as 5000 shares. Goes up on no news that would elicit the action in the market. I acknowledge that the shares may be tightly held. However, as MichG pointed out earlier, there would appear to be covenants on the PAG funding. Time will tell what happens with the shares that are held now if PAG get to exercise their rights. They could easily be worthless.
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Old 30th Aug 2022, 09:38
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Originally Posted by Ladloy
like clockwork
Yep, and maintained on action of about 25K shares. I've seen it do it on a lot less.
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Old 30th Aug 2022, 10:51
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So, any ideas on how/why this occurs?
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Old 30th Aug 2022, 12:37
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Originally Posted by morno
There is still no registration on the CASA database for MFM
And it's still not there but the aircraft, MSN 42805, still registered as 2-WTFL (hex code 43EEA5) is currently en route to Brisbane. It was flown from Dubai to KL yesterday. Left KL this afternoon.
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Old 31st Aug 2022, 09:33
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BlobViewer.aspx (rex.com.au)
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Old 31st Aug 2022, 10:57
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Originally Posted by Wizofoz
Interesting that Rex's Facebook pics from Montpellier showed it sporting the -MFM rego whereas it arrived last night as 2-WTFL.

Be interesting to know whether they had it reconfigured to the VA-style J/economy-X/Y cabin.
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Old 31st Aug 2022, 11:05
  #227 (permalink)  
 
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Originally Posted by MickG0105
Interesting that Rex's Facebook pics from Montpellier showed it sporting the -MFM rego whereas it arrived last night as 2-WTFL.

Be interesting to know whether they had it reconfigured to the VA-style J/economy-X/Y cabin.
I imagine they have it configured in their configuration.
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Old 31st Aug 2022, 13:32
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Originally Posted by MickG0105
Interesting that Rex's Facebook pics from Montpellier showed it sporting the -MFM rego whereas it arrived last night as 2-WTFL.
Painted with its Aussie rego in place, with a decal slapped over displaying its temporary reg for delivery flight purposes. Pretty standard with delivery of second-hand aircraft.
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Old 1st Sep 2022, 09:10
  #229 (permalink)  
 
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2nd hand? 3rd hand? 4th hand? .....
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Old 1st Sep 2022, 11:00
  #230 (permalink)  
 
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Only 8 years old, but been around the block a bit. Looks like it only flew regularly with the first operator, rest of the time sitting around.
VH-MFM
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Old 2nd Sep 2022, 01:53
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Originally Posted by Captn Rex Havack
2nd hand? 3rd hand? 4th hand? .....
Significantly younger and lower time than the average QF737.
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Old 2nd Sep 2022, 02:26
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Originally Posted by Wizofoz
Significantly younger and lower time than the average QF737.
easily the youngest aircraft of any type that Rex has ever had.
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Old 2nd Sep 2022, 02:42
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Originally Posted by Ladloy
easily the youngest aircraft of any type that Rex has ever had.
It's got brand new B350s for the Air Ambulance contract.
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Old 2nd Sep 2022, 03:01
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Originally Posted by Wizofoz
It's got brand new B350s for the Air Ambulance contract.
that's true I guess. Sometimes it's easy to forget Pelair is Rex.
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Old 2nd Sep 2022, 06:29
  #235 (permalink)  
 
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Originally Posted by Ladloy
that's true I guess. Sometimes it's easy to forget Pelair is Rex.
you're always reminded this when you see the similar garbage conditions
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Old 2nd Sep 2022, 11:51
  #236 (permalink)  
 
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Interesting it spent quite a few months sitting in BNE during COVID waiting for Samoa to take it up.
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Old 5th Sep 2022, 06:30
  #237 (permalink)  
 
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https://www.brisbanetimes.com.au/bus...rySet6OeK7FdQs
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Old 6th Sep 2022, 01:25
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Love the bit where he sets about trying to head off any suggestion of corruption with the Sharp and Coalition Parties.
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Old 9th Sep 2022, 03:22
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Numbers still on the way up for REX jet

A couple of weeks ago Thursday numbers outbound
Y average 109.4 around 65%

Yesterday
Y average 141.0 around 84%

Sorry MickG and PoppaJo but you just can't argue with the numbers.....
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Old 9th Sep 2022, 03:53
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Originally Posted by Deano969
Numbers still on the way up for REX jet

A couple of weeks ago Thursday numbers outbound
Y average 109.4 around 65%

Yesterday
Y average 141.0 around 84%

Sorry MickG and PoppaJo but you just can't argue with the numbers.....
No one is arguing with the numbers. I've been one of the proponents of focusing on the numbers rather than just making stuff up as you go along. And, as I noted last month, the Flight Centre hook up seems to be having quite a positive outcome for Rex. No one would be disputing that this has been a good week so far for Rex.

Separately, and falling into the same pattern of telling you something that you've been told before, you cannot accurately infer what the true Y/J spilt is from the seat plan data. As a couple of contributors have noted, Rex are pursuing a practice of routinely upgrading punters from Y to J meaning that the Y numbers are likely understated. You're best sticking to total pax numbers.

And why would you be quoting "outbound" numbers?! Outbound from where? Sydney? Melbourne?

Looking at the network in total, yesterday Rex's jet ops managed an aggregate load factor of 82.6 percent over their 28 flights for the day. Last Thursday, one of their weakest for the past four weeks, they managed only 76.4 percent.

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