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"The sector was also supported as an overhaul of the rules for international travel is expected to be announced on Friday, according to the PA news agency.
It has been reported that the green and amber lists will be merged to form one category of low-risk countries, while the number of destinations on the red list will be reduced. There is also speculation that fully vaccinated arrivals will no longer need to take a pre-departure lateral flow test or a post-arrival PCR test.
This would save travellers around GBP100 per trip".
Up day tomorrow i guess..
£1.37 could have been the bottom. dyor.
Sundezena.. nothing to do ith Ryan Air's raise in passenger target then?
no update on travel today..happening tomorrow..must be something good if airlines are soaring!!ready for take off??i heard the chimes!! dyor.
BB, the Irish are going to play the Charm offensive, Biden, the old goat, doesn't stand a chance..
benji, I haven't revealed my full hand yet.....
"I see your irish ambassador story benji, and raise..."
my story trumps yours, your is yesterday news, mine is today's..
Exactly, love him or loathe him at least Trump was a leader, Biden is terrible for US growth / business.
If the Whitehouse has entered a bunker mentality, it requires a change of mind to crawl out of it. No matter how blindingly obvious the argument is, no matter who is screaming in your ear the truth, even the most regarded people can just stand still petrified and imobile. Fear of the unknown, fear of success. The are crippling conditions when they take hold and they can paralyse anybody and group think. The US is sound wound up in so many tight knots with so many red lines and unlimited vanity, it wouldn't surprise me if they did stay closed up. In such circumstances, that is when true leaders shake everybody up and give direction. The US does not have that now, they did with Trump bizarrely. Biden is literally the zombie so many Americans fear. It allows for committees of people with different opinions to fight over the puppet strings. The end result is the strings get all knotted and policy paralysis ensues.
I like that prose. Copyright me!
BigBlue, delay until 2022??an expert warns!!! i would like to know who the expert is!!ahahah...we are all experts!!I say lets ban americans from entering UK and Europe!!then we can talk.. DYOR.
I see your irish ambassador story benji,
and I raise you a delay until mid 2022
https://www.schengenvisainfo.com/news/eu-travellers-may-be-banned-from-entering-us-until-2022-midterm-elections-expert-warns/
" I wish someone would give Biden a shake too."
The Irish are putting on the pressure..
Irish & EU Ambassador Expect US to Remove “Outdated” Travel Ban on Europeans
https://www.schengenvisainfo.com/news/irish-eu-ambassador-expect-us-to-remove-outdated-travel-ban-on-europeans/
Grant shapps is getting some stick on twitter.. lots mithering for the update. If the SP spikes later the cats out of the bag . I wish someone would give Biden a shake too.
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Guest users need to have their content approved by a moderator. ""
And that is the most important bit. ArvinIG post "Why are IAG shares falling?" hasn't even been moderated.
Sorry folks, I know how much a number of you have hung on to that quote as a basis for discounting the CS, the bank! It is an unmoderated opinion. I should have bothered to due some due diligence on it, but having problems with production facilities in China so having to actually do some work rather than post on here all the time. Little burgers want to up the shipping again.
It gets worse, IG.com is basically a bb for people to put there ideas. In fact, that post about no need for RI has absolutely no validity whatsoever.
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"Credit Suisse analysts believe IAG has about four more years of cash-burn coverage and thus should not need to raise equity this year."
https://community.ig.com/blogs/entry/1013-why-are-iag-shares-falling/
""We think it is getting increasingly likely IAG looks to raise equity, and while we do not change our forecasts in this note (which are each €0.5bn below Bloomberg consensus EBIT in 2021-2022E), we reflect the risk of shareholder dilution in our target price."
The bank said it is conscious that until the transatlantic market re-opens unfettered, the IAG investment case will remain challenging.
However, it retained its ‘outperform’ rating on the stock, saying it continues to see it as one of the best ways to play ultimate air travel recovery across the value chain, alongside names such as Ryanair, Wizz Air, Airbus and Aena.
https://www.sharecast.com/news/broker-recommendations/credit-suisse-cuts-iag-price-target-to-reflect-rights-issue-risk--8085701.html
One of them is telling porkies. I note however, the 1st quote is from a 'blog'. Is it the opinion of the blogger that IAG won't need to raise, or the opinion of CS [as the sentence appears to state]. I fink this is a poorly worded statement form a blogger who has no deeper insight than any of us and this was his own opinion. I can not find any quote from CS to back up what he has 'blogged'. As always, do the 360 and consider the qualifications of those making statments.
..lG have passed on my details to him as well as he is not online at the moment...
l'd imagine tomorrow
If, if, there is an RI, the change in price in the Easy J rights, [EZJN], is a good lesson on getting to understand what the various options are. Selling the rights, the price was 30% down yesterday, today is only 15% down. Yesterday I did some estimates on mark-up for selling the right shares based on asp of 580, it is now 594 which is another 14p with a right offer of 410 a share. I will still probably leave it to the last minute on the 22nd to decide.
it is out of hours over there, he is in Singapore, but there is more of a chance with twitter than a work email today..
I don't do twitter or any of that stuff. Good luck getting a response!
"Credit Suisse analysts believe IAG has about four more years of cash-burn coverage and thus should not need to raise equity this year."
l have sent a tweet to the IG reporter and l have asked him his source of the information..
this is the most practical way to sort it out for you BB..
l have asked him was it in correspondence or published..?
"Credit Suisse analysts believe IAG has about four more years of cash-burn coverage and thus should not need to raise equity this year."
l have sent a tweet to the IG reporter and l have asked him his source of the information..
this is the most practical way to sort it out for you BB..
Paddy, you are very wrong saying the company is not obliged to respond. It is, I posted the stock exchange rules about it yesterday. When it is appropriate to respond is the question. Like I said yesterday, if this was a Motley Fool article, then it can be ignored as the publication has no weight. The critical outlets where comments are more likely to require a response is when analysts have attended private briefings as defined in the exchange rules. Credit Suisse falls squarely into that category and was making a comment in a broker note. The next test is the likelihood that the market may be affected by the information. Broker price predictions do not require any comment, but new regulations to be introduced actually are expected to require a comment on broker price notes. Would the prospect of an RI affect the market and share price? Well yes, probably the most fundamental statement except for an insolvency notice. By the reporting rules the conditions are met. There is provision for the company to opt to say nothing, but that is only if the market would be unduly influenced by not commenting.
On that basis, the speculation on the RI warrants a comment such as a denial. I am not the only one who has noticed no comment. SO we speculate why no comment and derive a reasonable argument that there is one but details are not finalised. I have raised an alternative reasonable argument that CS has screwed up but so far there has been no retraction. However, even with that alternative explanation, IAG could very easily answer the speculation if there was indeed no RI.
As for Gwhizz, was that just a deliberate misdirection of what I said or have you lost your reading glasses?
give it a couple of days BB, you will get over it...
as credit sussie hasn't said anything specific about the company, in a couple of days, if the price is still on its path to recovery they would look silly responding if you believe that...
...they can't be seen as interfering with the share price, it is up to the market to decide, and it will decide, you will see that in the price..
Following your posts I was under the impression the RI or news regarding would be just around the corner...the new year seems a long way away.
BB, No company is under any obligation to respond to speculation at all! hearsay & tittle tattle are part of the workings of the market. An RI rumour was always likely given the EZJ situation. The focus of the IAG BoD is running the day to day business as best they can. Intraday SP movements are not the concern of an executive board. If the CEO & board choose to make an official statement it is their decision & noone elses!