If you would like to ask our webinar guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund a question please submit them here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Well that was a pathetic interview. Not one question or reference to international travel. Almost as if it doesn't exist. And no questioning about the appalling sabotage of people's holiday's in Portugal. Nothing. What an awful interview. I had a growing feeling that Gove was actually being protected. I have never heard such a weak interview between R4 and a Tory like that before. Normally it is the labour interviews who have it handed on a plate. In fact, that interview was utterly bizarre.
Don’t forget furlough is available until September , why ?
Gove to be interviewed on R4 after 8am Will be interesting to see if there will be a market reaction to what he says. He was supposed to have delivered the unlocking of international travel back in April but disappeared and has been very quite. I think he is a key problem in keeping lockdown and holding back international travel. I also think he is the one who was miffed at people not behaving as he had intended with his nudge theory restrictions deterring travel with expensive covid tests and quite simply retaliated against holiday makers by suddenly moving Portugal to amber. He is the one I suspect of direct sabotage of those holidays and international travel.
I will be listening to hear if there is any reference connecting carbon/green/environmental aspirations to restricting travel and maintaining a much longer travel restriction policy. If there is a connection, then the industry is doomed because it confirms the hysteric eco activists are implementing a carbon reduction policy on the quite using the pandemic as a cover. It is exceptionally dangerous to our whole society because there is still no debate or cross-examination of anything connected to climate change, it is a one way system and any action being taken is not being challenged and any opposition completely covered up. It is like a religious cult taking over the whole world.
This was deliberately leaked to the press before the announcement last night so everyone was expecting this and therefore priced in. My guess the 19 July will most definitely be the terminus date as there will be no more support to extend beyond then. What we need though is reassurance for the travel industry that the school peak holidays people can travel. Part of the problem of course due to the Delta variant, other countries not letting us in. Hopefully another two to four weeks maks a big difference!! GL All, I remain invested here for the longhaul.
Timing? No idea what you are saying. However, here is a random guess as to when the US routes will be open again. 23rd July. Not based on any rational information, just a totally random plucked out of thin air date that has no relation to any event anywhere at any time.
CW u obv missed the point, I was stating that there will be no doom and gloom, ppl were saying the sp will suffer, and it didn’t, like I said we all knew about this last week and so nothing new was said.. however yesterday we got another update, and markets (am 90% sure) should react in a positive way, so won’t surprise me if we finish the week above 203..
Parliament recess dates.
22nd July - 6th September.
Timing?
The bigger picture.
- IAG (Iberia, Vueling etc.) RYN, EZJ et al may be at least covering their costs with increasing inter EU fights. Its impossible to rule out a cash raise though but current share prices say not yet.
- Little short interest at present.
- Aeroports de Paris just made a 52 week high.
- AENA Spain just shy of 52 week high after having made one earlier.
- US passenger airport traffic 13/06/21 only 20% down 2019 figure. Wow. The other 20% are thinking about it or dead.
- US airlines between 7 and 20% off their 52 week highs achieved in March.
- UK air travel is being postponed just like the US and Europe were. Granted, both have massive inter euro/domestic routes to avail themselves to at present.
- UK citizens awash with cash.
- UK restrictions clearly now political but they have the power and us by the b**lls.
Australia is on the UK green list, within the last hour Australia has banned UK tourists for the foreseeable future.
As the UK will, in the next few days, have the highest infection rates, more countries will shut out UK travellers.
I sense another collapse in the aviation sector similar to 2020.
May be a false bounce tomorrow giving an opportunity to escape with a bit more before it becomes much less.
I was hoping for an update re USA travel over the weekend and held!!
Bought a few more today, but expecting to see 191/192p tomorrow and then up.
Not scientific, but my gut feeling is most of the really bad news is behind us.
I'm still confident, well fairly confident of seeing 220p soon.
See what tomorrow brings, but good luck whatever your position.
Still holding tight! Hoping for recovery in next 2-3 weeks. People would book even last weeks of spetember if they can without quarantine bs with a days notice.
I've a sneaky feeling the US will want to target 4th of July independence day to open up US - UK travel. That's approx 3 weeks away. SP tomorrow will probably dip slightly but no major worring news on the downing Street briefing.
@Shpunjen. If this drops to 188p, I will be selling my BP shares (Nice rise today) and buying more IAG, I feel a nice positive glow from this Press C. The AZ vaccine is 85% effective ageing the Delta variant, what a result. You are correct and a few more weeks it will be rock and roll. On another note, I just flew back from Portugal and after a gap of 15 months, I had forgotten what a great product BA is, they sure know how to run an airline.
Looks like I won’t be seeing my 188, might buy tomorrow, can see it going up.. seems like they just need a week or two to figure out if they r in trouble or not but looks like if things go well, in 2 weeks we could even see the corridor with US announced..