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FTSE12 - there's a difference between what you wish for and the reality ! People should now stop talking about what they wish but rather share constructive comments ! Jesus ! It's not that difficult is it ? ? ?
TP, always nice to read your post.
Yes agree and this can go down or up little bit depend on the market sentiment next week, and it's only two months to summer opening from now so we would want change mind to keep until that to get full benefit of rise once entered this week etc...
I was playing little bit last week and bought back again at 211p, but may be one more trading before investment. 50:50
I bought RR again after sell at 124p and I firmly believe that will give good results by summer IMO.
And also holding CINE as you know.
GL.
The SP is likely to see low £1.90's before it sees £2.50.
£2.50 will come. US in green list. Slowly but surely. :)))
Volatile means up and down - ideal day trading numpty!
Spain is a complete no go this year. Greece to follow.
Airline shares are going to take the constant updated news very badly.
Volatile market cometh.
Hope you're not here to share anymore tips like SNT castle....
TP, I was going to invest a monkey or two in PTF as a serendipity investment, but alas they evaporated in 2018. I shall look out for future typos for my serendipity portfolio.
Well has any one got any better ideas?
Good grief!
castle, where have you been?
Good afternoon to you too.
Typo
PTF = PFC (Petrofac)
I'm in no way endorsing anyone buy, just sharing with you guys my latest punts.
GLA
This latest fudge and fumble by the government, whilst irritating and exacerbating to current holders, it may give some who, like me, are currently out a possible chance to get back in at a reasonably lower entry than 2.10. it certainly may not be the last chance running up to mid May and beyond, but to my mind the almost daily and weekly swing trades will become less and less likely. And if I can get a substantial foothold at a temporary market reaction retraction price this coming week then for me my 'trading' of IAG will return to investing instead.
On a side note, I bought into CINE (soon to reopen it's doors) and PTF (a punt based on it scraping through its current SFO investigation) last week, again as LTH as my strategies are starting to change.
Monday is going to be interesting for all of us. And whatever your strategy or focus I wish ALL of you luck as always.
We all know this is going North as soon as direction and clarity (and cajones) are finally shown by the Government.
I fully share Big-Blues anger and frustration at the dithering and un joined up thinking. Not because I personally want a holiday but the actual damage being done to the sector as a whole.
Monday could be interesting.
Definitely needs positive vibes and clearer direction.
I took a small punt, just incase there's positive news.
Negative news could send this back to sub 195p.
GLA
I agree GB46.
Boris and Sunak will want lots of staycations within the UK this year to help the domestic economy recover especially hotels and hospitality.
In parallel to that business travel can restart so I expect travel corridors to include USA and other close trading partners.
I think Boris wants UK resorts full and thriving before he lets us spend our money elsewhere
@Istabraq - good post and agree with your sentiment. Indeed, what I took away from yesterday is the strength of IAG when markets were falling the SP stayed above 210 so it has fulfilled it's expectation in terms of range this week 210-220.
in terms of moving forward,. As you put it "UK gov have dithered, U turned & gone from one extreme to the other over the course of this pandemic & in some cases are now being overly cautious". while caution is generally a good thing in this case they are way behind the curve and are trying to mitigate against a complete fcuk up from the beginning but whatever they try and do now has to be about a complete rollout of the Vacc, including to children which is also being trialled. Only with strong herd immunity will we get any semblance of normality back and in turn lifting of all travel restrictions.
In the short term. that cat is out of the bag and pressure is mounting on the gov to allow travelling which is happening albeit scant on details - but it will continue to ease and of course it will all be last minute affording little time for the airline industry to use the opening when it happens unless they prove to be very flexible to provide services at short notice. (which I think they are anticipating).
So I think next 2-3 weeks will be a drip feed of good news which will slowly edge up the SP to a higher range above 220. What that will be I don't know but we are in a higher range than last week so its moving in the right direction I just dont think it's going to climb like a rocket, more like a tortoise on a hill...
anyway I'm just a novice sharing my thought process so the above comes with a bucket of salt!
GL & GLA
The global taskforce report is a disappointing read & is a blow to my expectations as to how quickly the UK travel industry can recover (or is being allowed to). The traffic light system gives no consideration to the vaccination status of the passenger. The report only mentions that the NHSX is currently developing an electronic & paper certificate which might be used for potential future travel requirements. IATA have a travel pass already being trialled by the major international airlines, why not use that? The proposed traffic light system should be modified to at least allow vaccinated persons to skip the PCR test requirement for 'green' status countries. Also I really hope the Joint BioSecurity Centre continue with a granular approach on the country risk assessment, icing on the cake if they don't. IMO a PCR test for every UK arrival is OTT. Where applicable the vaccination success should be used to remove restrictions. UK gov have dithered, U turned & gone from one extreme to the other over the course of this pandemic & in some cases are now being overly cautious based on pessimistic data modelling. The American regulators have opened up their domestic aviation routes with few restrictions, maybe the USA will adopt a similar approach to US international routes & the UK will reciprocate. UK covid infections, hospitalisation & deaths are all falling & we should start co-existing with the covid virus ASAP. On the bright side the SP held up well today & Shapps did not advise against booking a getaway. LTH, GLA.
Travel abroad is gonna go ahead, uK doesnt have enough beaches to accomodate everyone, want reassurance ? Take a look at two trades £36m x 2 at 15:58, and a £10 below that.
Well my 250 by 12th April has been blown out of the water. What the hell was that all about today - forward announcements. And where is Gove? It is his task force. With PCR tests there is simply no way the level of travel will be high enough to justify a sp sentiment of 250 in my opinion now. The idea of using UK travellers as some sort clever scheme to spot new variants is just absurd. The tracking of new variants should be done within the countries not by PCR testing travellers. One hopes that once the damage that will be done to the whole travel sector is realised then a change to the system will be implemented. What exactly are they wanting to do with testing? Identify people with covid in order to advise them to isolate or force them into a quarantine hotel? Or is it to catch people with variants that the vaccines don't work with? Another mass experiment like with the single dose policy. Well this time it has already backfired with Jet2 suspending holidays and flights. I wonder how quickly the rest will follow suite.
What a bloody mess.