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Monazite, that’s great and on top of that many more countries to be added to green list on next Wed review. Only way in up in short term and long term
Big Blue, fill your boots before the price leaves you on the runway!
Ps I don't use candles!!
On the way up, will take time but very confident of a decent recovery here, just need Air Europa deal approved and we're primed for take off!!
£2 coming to a share near you!!
19.44 sky news.Boris Johnson is set to approve on Wednesday letting in double-jabbed tourists from the US and the EU, according to the Financial Times.
Ministers, led by Chancellor Rishi Sunak, are said to have pushed the prime minister to act.
They reportedly argued it was safe to start allowing foreign tourists to visit England without the need for quarantine if they were fully vaccinated.
One Whitehall official told the newspaper: "It could take effect from as early as next week."
The decision to reopen England's doors to EU tourists is said to have been made easier after they started being issued with a digital health pass from early July. DYOR.
PM to approve letting in fully vaccinated tourists GLA
BB: Good to see that your moving from a state of passive deramping to a positive one. IAG will not be making any cash call this Friday, they had 8 billion cash and 2 million aircraft options at the end of March. Factor in the increased turnover for the second half of the quarter, leaner salary structure and changes to hedging we will be pleasantly surprised on the cash burn and turnover.
Big blue you are turning into new Fugazi and old Fugazi is turning into the old positive Big Blue lol!!! I can’t keep up its like a soap opera..
But yet could be right old chap! Hard to call, however I wouldn’t want to be out on the next 3 travel updates over the course of the next week. Although to be fair at close to £2 I can’t go anywhere!
when IAG saidt haf enough cash to see it through to 2022, they did not mean based on zero cash flow. They will have factored in a cash flow which hasn't come about. Indeed, summer bookings will now be impaired and most lh bookings will probably have to refunded. I hate to say it but on the balance of probabilities, it is weighted towards needing more money to avoid the iis getting spooked. They can't borrow as the future date fir getting high transatlantic income is a complete guess. It's 60/40 in favour of needing more cash imo.
Credit Suisse analysts believe that the group’s total debt will peak at around 12 billion euros in Q2, with revenue increasing to three billion euros in the third quarter. Earlier this month, they lifted their price target on IAG to £256 from £228 while maintaining an ‘outperform’ recommendation.
Marab - forgive my ignorance, but what is the fear of a rights issue ?
As a holder surely I will have 3 options -
1. Buy at a discounted rate, which will then offset any dilution of the Sp as my overall holding would of been averaged down
2. Ignore the rights issue - not recommended obviously
3. Or sell my rights which whilst creating a capital gain would offset any loss of my current holding by the dilution.
Happy to be corrected by anyone who has more knowledge ?
sundezena lets see how much they have burned buddy i can see a possibility of IAG coming to us cap in hand after Friday results
NO rights issue BB..IAG is in better shape than EZJ. I reckon IAG will head towards £2 again soon ..DYOR.
Just goes to show, chartists are full of it!
SSP is very interesting, and EZY has been on a bit of a roller coaster from below 840 to over 870, whilst IAG has been in a much tighter band. The decoupling of the two shares does seem to me to be more certain. Wonder how much exodus there will be form IAG as Friday results come into focus. Will there be a rights issue?
I want to see EZY in the 1100 bracket before the switcheroo. Transatlantic flights are not going to be happening any time soon so the European routes are more likely to open up more fully with lesser testing requirements. As the cheap test options are passed around viral and people get themselves organised on cheap testing and the probability of another sabotage recedes as the EU begins to recognise which side of its bread is buttered, then I am still hoping that the EU market travel sector will take off a week + ahead of the transatlantic market. There have been hints that the shares in the travel sector are beginning to trade in their own right rather than as a block by the iis computers.
If there is another unexpected sabotage of travel with new rules or bizarre reclassification of countries on travel lists then all bets off and sit it out until a decent 20% return is made on whatever I happen to be holding next spring. Been a profitable but difficult annoying trading year so far, and not what I want to be doing having to keep a constant watch and researching.
Big blue, if you are going to switch ezj into iag, you might want to do it quickly...but at what gain??1 or 2%??is it worth it??.Friday is results day, ezj might be left behind again and no switcheroo!!!good luck.DYOR.
Hi Galway, not sure this is now the case but Heathrow Airport used to be the largest single site employer in the UK, as there been any discussion or noises about redundancies after September following furlough? I only ask as the jobs issue always focuses the minds of those dawdling politicians.
Hope so as official retirement age would be 20 odd years away.
Yellow warning of rain forecast, not a clod in the sky at the moment.
Sam Smith the singer faffing about up here. He's piled the weight back on.
Ps, my easy j is flying too.
Its now up 0.31%. Early retirement beckoning?
With IAG hovering around zero gain, and Easy 2.5% up, I think this is the largest disparity between the shares I have seen this year. Decoupling still happening?
My holding is flying since I bought. 0.25% is a big increase. Better 0.25% up than down ;-)
fugalzi, a 0.25% gain can hardly be described as 'flying'.
Afternoon, up day as predicted.
My holding is flying.
Cheers.
Hi Sundezena,
It was in a daily briefing we get every morning at LHR.
The inbound will be almost identical figures to the outbound.
Sorry no inbound passenger figures for you, but the passenger head count and larger volumes of flights have increased daily for about 4 weeks now.