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Companies will want to restart because the Govt WON'T be paying 80% of thier wages, nor will they be paying self employed. This Govt. will be looking to evade all it's PR promises in the same way they evaded buying masks and ventilators when they had the opportunity.
I will be glad to see IAG flying, but I am not buying the Chinese propaganda that everything is hunky-dory over there. No new cases? .......as if.
TUI announced they will recommence all services from June 17th. Obviously they have a big holiday market and it could change but given many countries are now talking relaxation of restrictions that probably does sound doable, if not before. However with govt agreeing to pay 80 % of wages for 3 months many companies are less motivated to start back up, and employees even less so.
Remember most governments, including the US yesterday, according to the CDC, have changed their definition of what is a Covid 19 deaths. This is very important to keep track of. Now anyone dying that had any related symptoms to Covid 19 will be registered on the death certificate "with" Covid 19. There is no need for Covid 19 to be the reason for the death or any specific test and only that some symptom was shown prior. Also most new figures in the UK and France now include deaths in nursing homes that explains the jump yesterday. Also bear in mind the tests provided I understand are not able to exactly test for Covid 19 but tests for any of the 19 Corona Viruses as they share 99% of the same DNA although most likely it is Covid 19 as that is this particular strain afters SARs/MERs. Some suspicious people might think this 'slight of hand" to definitions is the result of governments clamouring to be in a position to defend the lockdown and show how many lives they saved, albeit countries like Sweden largely did nothing and they have lower mortality than the UK but again Sweden cites they have capacity to handle their stress that UK was not. German business are now suing the German government as they believe the government over-reacted and had capacity and why France and Italy were shipping patients to this country. There are so many interesting moving of goalposts each day and building up a picture i think helps position how quickly lockdown reversal might come about. dyor.
The lockdown was ONLY to reduce the stress on the NHS because at the time they did not have the facilities for ventilators and so forth. The government once they feel they have adequate capacity will start to remove restrictions. This is a very important distinction. We also need to bear in mind Italy and Spain are now desperate to get things ready as tourism is a huge part of their economies. Sure there will be restrictions and little bits of paper saying you tested fine for antibodies or confirming you have not had any temperature in last 7 days but i think people might be surprised that things will move faster now every country in the world has bought 1000s of overpriced ventilators, that will probably never be needed. The projections of 500k deaths quickly changed to 20k and most recently 8k. The nightingale hospital will almost certainly be empty unless the government sense a bad photo opportunity and divert some people to this facility. I think its fair to read between the lines on where this is going given suicides and other social impacts on children are rising by the day and the economic impacts are obvious. The media only need to start turning the cameras and government will skip to their merry tune. Anyway i suspect flights will be operational from July/August and potentially sooner but in regards to IAG if they have £9.5bn cash and valued today at £5bn then i suggest that they are not going to burn through 4.5bn of that cash before planes start flying and i think IAG has some value over and above its cash.
I think you may be right, it's a hard one to call. Good luck to all traders whether in here for the day or longer term. Sold out at 237 and 241. Hoping to make a few quid on any decent drop. Surely with latest recorded deaths in US and no immediate view of when the lockdown will end in the UK, we could be looking at late summer or Autumn before things return to normal. This share is likely to go much lower in my opinion before it begins the long road to recovery. Whatever you strategy, you will make money here holding these. Great long term investment, GL All!!!
Very up and down market now. Problem for airlines is when will people be allowed to take a flight again. I think that will be the very last restriction to be lifted because as soon as people can fly the virus will spread like dynamite again. My guess is it may be until October November until flights can happen again but just guessing
Sold at £2.49 ,I wasn't to sure if I made right decision, as I'm expecting this share to recover in long term, hopefully buy back if drops to t £2.25 a share,made very good profit already.