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errata
"by the end of October the consensus"
should be
by the end of August the consensus
bengi, 70% of CFD retail investors lose money. Not basic stocks and shares traders, CFDs.
https://www.babypips.com/news/almost-80-percent-of-retail-traders-are-unprofitable
So what opinion is biased and misleading? After Biden was supposed to have have the working groups reporting in a short time, by the end of October the consensus was there was no short reporting time and Fucci was estimating not before November if my memory serves me correct. When is the opening of the transatlantic route now due? Well? The only change is an expressed with to relax the rules by the expected date. It is good to have some news on the speculation, but it is not like it has been pulled forward to the start of October or the half-term holidays.
In fact I am beginning to wonder if you and a few others have got your news stories a bit mixed up. There will be no half-term market for IAG over the Atlantic during the half-term schools break up based on the the latest proclamation from the White House. You are confusing the changes to the UK travel rules with the US changes, with a lot of those details unknown. Further more, looking at the damage done to the EU traffic with all the testing required, the hint that there is going to be at least a test 3 days AFTER arriving in the US, most likely a pre-flight outbound and now word on whether the UK will want a pre-flight for the return leg and then a day 2 test back in the UK, don't count your chickens just yet.
Calm down everybody. DO a 360, look at it form different angles, consider all the remaining outstanding issues with furlough and pensions and debt and cash burn and fuel prices and consider just what has changed?
As for this goose laying eggs, wtf was that supposed to mean?
Some people on here are effectively shouting fire in crowded theaters. I think the key thing wit investing is that sentiment changes very quickly and oftentimes what is dragging down shares is a)momentum and algo trading and b)baseless market gossip. It's important to tune this out as much as possible.
Yes IAG has large pension liabilities. Yes its had a terrible 2 years, much worse than anything ever seen in Aviation. Yes it is going to have an erratic recovery navigating arbitrary changes in government regulation but does this mean that the company is worth less than half of what it was in Feb 2020? I dont think that is true at all.
Analysts say this is worth >220 on average and to me that seems reasonable given my (layman's) perspective. Looking for negatives when they are not there is not helpful to people reading these boards who are in general not well informed to such an extent. It cots people money more often than not and it's a shame certain people have that instinct to do so.
..don't worry about me, just exposing the fakers...
quite honestly he controls the narrative here and if it skewed then yes we do have a problem...
Agree Mary with most shares, however when a stock is on the rise exponentially based on good news, its better to be in. IMO.
@coolebenji, remain cool as your name says.I’ll stick my neck out to say we are all here to make money ,bar 1 person . ( He / she has their own agenda,whatever it may be) Bothered by that 1 person ? Not me
GLA
ATB
..the goose hasn't laid any eggs at the moment,
more long haul flights start tomorrow including Turkey, then America comes online...
..any insight you have to offer BB comes from before yesterday's news...
therefore any opinion that you have is proved to be biased and misleading...
70% of retail investor accounts lose money, l do have to wonder what you are doing here..?
Fairy
Ty.
Even as IAG etc go up, I lighten and reload when the market allows and the 25% rise of the bottom has worked a treat over the hold and hopers.
@MaryBr190,very well said.
ATB
GLA
The price will go up and down, do we need the petty arguments on the .
Trade the difference, add or reduce. People have agendas and vendettas but not really the place. Nor is it the place to be disrespectful nor toxic enjoying peoples discomfort.
Plenty of options when stocks go up and down.
FWIW, I see today as a dead cat bounce (not in IAG) but overall markets.
I expect lower prices for a buyable dip in most stocks and have been building up cash for such an event.
May come, may not but cashing up usually keeps the powder dry.
It seems that many stocks have sold off while the indices are giving false comfort.
I see the year end higher than these levels (in the US at least but plenty of volatility and many bargains to be had.
GLA. Not advice.
Oh dear bengi, throwing a real hissy fit today. Throwing your toys out your pram, rofl. Are you not being Big Blue's big little man today? If you think that statement form the CEO is the end of the matter and the White House saying it is planning to 'relax' travel rules means the holy grail has suddenly been found and handed over to IAG shareholders, then you are very much in the starry eyed deluded group today. Furlough payments about to end, pension payments about to begin and the expected date free travel could resume is -------- practically what was being talked about in August. In fact, on the surface of it all that has been announced is that the November predicted window is likely now. You need to step back a bit AND GET THINGS IN PERSPECTIVE.
My Easy Js partial rights now sold through about 3% over the rights price. So when the new shares are on the book, that will have been a nice little shimmee.
Keep believing everything is suddenly fixed and there is nothing but rainbows and clear skies ahead. You'll be brought down to earth with a good and proper bump in good time!!!
STOP TWISTING
" You do not mention to the city you are in talks with the banks"
..wasn't this to end speculation... der
"talking through 'different options' with banks as it plans through worst-case scenarios for Covid"
..wasn't this before Biden decide to relax travel news, an unknown factor, wasn't it wise and prudent to do so..
l Sick of you BB..
it is like being a Nanny to a Big-Baby, you don't deserve the attention and you don't deserve my time... you are a total waste of space, l did have you pegged as being far clever than you are...
..l have no idea why you are here but it is pretty clear it comes down to an unfulfilled egotistical need that will never be satisfied...
BB , more like the holding increased by 20 % now! This will go up to where it was earlier on as the US markets open. £1.85 next stop buddy. GL with EZJ though, hope it works for you. I had sold at £10.04 a while ago, i am glad now. DYOR, all IMO.
The ceo said that a range of options were being looked at, but out of that range he could answer market speculation by saying no immediate tapping for emergency funds. There is a whole end of missing info from that. This isn't just a few brokers raising a point, this is the CEO. You do not mention to the city you are in talks with the banks and then not follow that up at some point. The direct point of speculation was answered, but as with any ceo or finance director comments, always look for what isn't there. No if the comment had been no tapping of shareholders or dilution of the stock, then a lot more people, maybe me included, would have been piling in. I'm not taking the gamble. Hope it works for you and there is no equity swap for debt announced and your holding suddenly diluted 20%.
when furlough ends, does that mean there are no wages to pay for a month..!
"clarity from the company on the strategy for booting up the Transatlantic market"
..is this another RNS that you require BB..?
does IAG have to issue clarity for booting up..?
..if l have to re-tool, re-boot, re-lease, re-hire, re-whatever l would get terms from my suppliers...
..let them run the business, they know what they are doing, you don't..!!
BB , situation has changed by way of opening up transatlantic air travel and in my view there is no need of any fund raising options because revenues being generated will be funds.
An emergency tapping of shareholders in the near future, that is out of the way. But why did 3 analysts as it is now known come out of their private briefing and conclude BA would most likely need a RI? By IAG's CEO own account a range of options are being considered. Calling someone a nutter for noticing these rather important points is not very constructive. There are still cobwebs to be cleared out. There are still unknowns. I personally don't take notice of broker share price predictions, but if they are accompanied by comments, I do tend consider the validity.
My daughter is BA cabin crew and has a trip to Johannesburg in October so still flying to the destination.......
Never mind LloydaActuary, everybody tries their best to analyse the situation but some are really nutters to crate fear without any foundation.
There's always a nutter on every shares board it would seem. On the Easyjet page there's some yahoo firing off conspiracy theories about a "great reset" and this all being a conspiracy!
One born every minute
BBb one thing is clear right issue is out of way and they have a strong liquidity and in the light of transatlantic restrictions being removed from November , the revenues start to build up so there will be no need of funds required. It may be considered in case of transatlantic air travel restrictions not being removed soon .
SO you are or are not involved with zeroavia then Johnbrie?
The only way is up now BA’s profitable routes are starting to open up. I was disappointed South Africa remained on the red list but with the numbers coming down rapidly down there it will be soon in my opinion. This is a winter destination and 3 wide bodies each way every day will be filled.
Now I see we still have the resident clown bb spouting his fantasies. He is a fake with no airline shares and a jealous streak. Explain to me who in their right mind posts 2400 times on a bb where no shares are held and not one on a bb where he claims he owns some. Get out man and get a life,
I wouldn't bank on that sightwatcher. The likes of Citadel are pretty sophisticated in what they do and will 99.999% have also bought market shares hedging the short position. They maybe the ones depression the price at the moment covering any potential short loss selling shares high, possible. They may already be able to close the covering the short already given a nice big 13-15% gain. However, there is still the matter of what the financing is looking like and that I would guess they will be in no hurry to close the short until there is more clarity from the company.