Toll 139 Facilities YSBK

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Twistgrip
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Toll 139 Facilities YSBK

Postby Twistgrip » Fri Feb 27 2015, 13:40

"You can watch things happen, you can make things happen or you can wonder what happened"
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Re: Toll 139 Facilities YSBK

Postby nzflyer » Fri Feb 27 2015, 21:54

After failing fire fighting now toll are looking at ems, who will buy some cheap 139's soon
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havick
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Re: Toll 139 Facilities YSBK

Postby havick » Fri Feb 27 2015, 22:46

Isn't Careflight QLD also building a 139 sim with Thales?
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Re: Toll 139 Facilities YSBK

Postby integrity » Sat Feb 28 2015, 00:49

nzflyer wrote:After failing fire fighting now toll are looking at ems, who will buy some cheap 139's soon


Wow nzflyer, a bit harsh?

So Toll make a strategic move to get out of a game where government contracts are going (questionably) to operators using foreign owned 30 to 40 year old airframes, and into a market which has just seen the largest and longest selection process in the history of helicopters in oz. Only to successfully win the biggest and most lucrative contract ever (AUD$800mill I think), and you come up with that comment? I think you may have an axe to grind with someone there, so perhaps that is best done in the bar, face to face? Leave this forum to supportive and congratulatory comments which bolster the very fabric of our industry. Well done Toll.
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Re: Toll 139 Facilities YSBK

Postby Dauphin » Sat Feb 28 2015, 01:43

One of the attractions of flying the 139 used to be that you did your type rating and annual sim training in Italy or New Jersey, then more recently in Kuala Lumpur. Looks like in future you get to go to...Bankstown.
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rigidkid
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Re: Toll 139 Facilities YSBK

Postby rigidkid » Sat Feb 28 2015, 02:23

Definitely exciting times with a new and major operator to the EMS industry. With the addition of new facilities across some of the bases, not to mention the "centre of excellence" training facility at Bankstown, its going to be a world class service without doubt.
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Re: Toll 139 Facilities YSBK

Postby Mag seal » Sat Feb 28 2015, 02:27

Dauphin wrote:One of the attractions of flying the 139 used to be that you did your type rating and annual sim training in Italy or New Jersey, then more recently in Kuala Lumpur. Looks like in future you get to go to...Bankstown.



The Middle East of Australia and right up there with New York, Milan....... :cry:
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Re: Toll 139 Facilities YSBK

Postby ballslapper » Sat Feb 28 2015, 03:31

The Middle East of Australia and right up there with New York, Milan....... :cry:


Can't help myself.....come up to Brisbane then for AW139 sim training pop;
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Re: Toll 139 Facilities YSBK

Postby Firefish » Sat Feb 28 2015, 05:42

integrity wrote:
nzflyer wrote:After failing fire fighting now toll are looking at ems, who will buy some cheap 139's soon


Wow nzflyer, a bit harsh?

So Toll make a strategic move to get out of a game where government contracts are going (questionably) to operators using foreign owned 30 to 40 year old airframes, and into a market which has just seen the largest and longest selection process in the history of helicopters in oz. Only to successfully win the biggest and most lucrative contract ever (AUD$800mill I think), and you come up with that comment? I think you may have an axe to grind with someone there, so perhaps that is best done in the bar, face to face? Leave this forum to supportive and congratulatory comments which bolster the very fabric of our industry. Well done Toll.


Questionably? Care to elaborate? Or do you have an axe to grind?
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Re: Toll 139 Facilities YSBK

Postby Jabberwocky » Sat Feb 28 2015, 19:07

I'm interested to see what the Westapc version will look like.
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Re: Toll 139 Facilities YSBK

Postby Firefish » Fri Mar 6 2015, 02:15

integrity wrote:
nzflyer wrote:After failing fire fighting now toll are looking at ems, who will buy some cheap 139's soon


Wow nzflyer, a bit harsh?

So Toll make a strategic move to get out of a game where government contracts are going (questionably) to operators using foreign owned 30 to 40 year old airframes, and into a market which has just seen the largest and longest selection process in the history of helicopters in oz. Only to successfully win the biggest and most lucrative contract ever (AUD$800mill I think), and you come up with that comment? I think you may have an axe to grind with someone there, so perhaps that is best done in the bar, face to face? Leave this forum to supportive and congratulatory comments which bolster the very fabric of our industry. Well done Toll.


Looks like it will be a foreign owned company after all with the take over from Japan Post. Nice one!
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Re: Toll 139 Facilities YSBK

Postby Gonsky » Sun Nov 20 2016, 07:39

Japan post shares have fallen 30% this yr and they payed a 49% premium for Toll. Would not keep your hopes up that this will last.

Regards,

Gregory
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Re: Toll 139 Facilities YSBK

Postby Dauphin » Sun Nov 20 2016, 10:04

Yeah right. Japan Post profit this year is projected to be "only" A$3.7 billion. I bet Toll employees are having sleepless nights over that.
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Re: Toll 139 Facilities YSBK

Postby Gonsky » Sun Nov 20 2016, 19:26

http://uk.reuters.com/article/japan-pos ... KL3N18A2NF

Fed will be increasing rates in Dec so the never ending run of free money is about to come to an end, a lot of industries are going to get hit hard. Also the US $$ will strengthen and anyone with US denominated debt will have to pay not only higher rates but at a higher cross rate.

Also the negative internal interest rates in Japan are hitting their botton line as they are one of the largest holders of Japanese Govtment bonds, in their banking division. 90% of their propfit from one asset class is a disaster waiting to happen. So they have been attempting to diversity their holdings which is a good idea, but when you pay almost a 50% premium for offshore assets it is not a good start.

Regards,

Gregory
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Re: Toll 139 Facilities YSBK

Postby IdreamofHols » Wed Dec 7 2016, 02:27

I heard that the Chief Pilot running the show isn't even qualified enough to fly on the contract so who knows what's happening!
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Re: Toll 139 Facilities YSBK

Postby Saucepan » Wed Dec 7 2016, 06:10

Classy first post there. This thread appears to have an abundance of blunt axes.
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Re: Toll 139 Facilities YSBK

Postby Gonsky » Wed Dec 7 2016, 08:54

Disclaimer...........................Don't care either way, as before US FED will be increasing rates in Dec and that is going to hit everyone intreest rate wise. AUS has already seen a increase in fixed rates from major lenders. ¥en has been on a slide and will get closer to 125 on the cross with US$. So if you have US$$ debt in Japan your hurting.

So what does that mean? Japan Post bought Toll as they were going into a IPO and needed some 'International Assets" to make everything look good on paper, they closed this deal out in like a weekend. Who does that, a group that is looking to sucker IPO investors.

They paid massively over ( Just like the Errickson trade I mentioned in another thread ) and they will have to cover that. Now in this case your looking at a 49% premium over last ASX trade for Toll, the management all walked away with $$$$$ and the shell of the company is left to cover the trade.

No matter what, you never pay over unless you looking at a private ( unlisted company) as then you have reason for a premimum as you should know something the market does not. Even then it is a crap shoot as with a private company you cannot find the skeltons as easily as with a listed company.

Today no one cares what companies do or how they do it, they care about returns both $$ and %, everyone is looking for Alpha (Returns %%) as we call it in finance. They care for little else. If you could set up a lemonade store on the street making 200% you would have 20 bil thrown at you in seconds if your can get throught the due diligence hoops.

So how does one think share holders of Jap Post are left currently after buying in at the IPO price? Stock down massively, Oct exports for Japan were down and it is not looking good. Logistics groups are getting hammered globally.

Now if Toll have the best staff and pilots in the world means nothing and is of little consequence. It is a slow motion train wreak as $$$ makes the world go round.

Additionally Toll is getting hammered in its Qld logistics division and more so the fallout of the Darwin LNG gig is going to be biblical, or more right offs as we say in finance. AKA tax deduction :-)

This is going to get messy in the coming months as the sharehodlers are going to look at returns that are just not there, so one doees not need to be a brain surgeon to work out the next steps.

Cost cutting.

2 x 139 sims in Aust with like how many 139 flying??? Like that is 25 mil worth of sims for what?????????

Everyting was looking great a few yrs ago when oil was runing at 150, oil now at 50 and as stated before 30 is a better level.

The OPEC agreement is a one of a rogue gallery with everyone hoping they will cut and keep to the deal. Never going to happen. In finance you buy the rumour and sell the fact, which means you buy oil based on the rumuour of OPEC agreeing to anything and when they do agree you sell the crap out of it. Hence the fact oil is now starting to fall again and will continue for the remainder of the year.

On the flip side there are screaming deals on 139 vip for 0.30 cents on the dollar.

Regards,

Gregory
Last edited by Gonsky on Wed Dec 7 2016, 09:05, edited 1 time in total.
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Re: Toll 139 Facilities YSBK

Postby Practice » Wed Dec 7 2016, 08:56

IdreamofHols wrote:I heard that the Chief Pilot running the show isn't even qualified enough to fly on the contract so who knows what's happening!


You heard did you? Nice one champ Oc:= Miss out on an interview did you?
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Re: Toll 139 Facilities YSBK

Postby Twistgrip » Wed Dec 7 2016, 09:07

2 x 139 sims in Aust with like how many 139 flying??? Like that is 25 mil worth of sims for what?????????


Gregory,

There are 45 X AW139's here in Australia and numbers slowly growing, and with most crew going to either Malaysia or the US to do initial or reccurent, Tolls sim could be an attractive alternative provided pricing is in the ballpark and its an open to other companies.
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