Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video 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.
@WayV
"As a Pilot I can tell you that Return to Service involves very light maintenance and a test flight.
I would expect around 50 man hours per aircraft - this will be a non issue and would probably take around 30 days to complete for all aircraft not flying."
I'm guessing you're not a commercial airline pilot then? Try 400 man hours per aircraft & considerably longer than 30 days.
But I very much doubt this will have any bearing on the SP.
And my tui and JET2 are doing better than IAG.
People over here are wasting time in coming up with different theories why sp shouldn't rise and that is because those people have sold.
Remember stage is perfectly set for IAG to gap up above 200p on results day!
dyor
As a Pilot I can tell you that these aircraft have been stored in accordance with the manufacturers guidance.
Return to Service involves very light maintenance and a test flight.
I would expect around 50 man hours per aircraft - this will be a non issue and would probably take around 30 days to complete for all aircraft not flying.
Loackdown end acceleration. Unlikley because the assessmnet technique is on a 4 week rolling analysis. The intention is to return an activity then allow 4 weeks to measure rate of infection spread. 4 week due to incubation time. They can't do any less than that. They couldunlock more activities if the first few 4 week periods show low spreading but I wouldn't expect the road map to change.
Focus now on Friday results and the cash burn. I'm hopeful that things are better than the overall city consensus and this powers back up and past £2. I'm reading reports this morning in the Telegraph if rates of infection comes down ahead of predictions and modelling is better have children return to school compared to what is currently showing in spread of the virus, the government will look to accelerate unlocking the country, interesting. GL All
If the cash burn has been limited....
That’s what everyone will be looking at on Friday.
High long term sp? Do remember, very cash rich at the moment preparing for extended lockdown. If travels return better than expected and the cash burn has neen limited, then the company serves it's shareholders and so a series of large buy backs could ensue. Cash sitting in a business just devalues against inflation so it has to be used and the sp will be the beneficiary.
my cintact at RR was very coy about saying anything about moving of personnel to service engines, sounded like they have been warned about giving out information.
2.50 is more than possible with US open in my opinion . To get to 4-4.50 IAG will need to be showing profitable income. but I have some thoughts on that as states in my first post.
A lot of people are here to ride the wave short term, I will be one of them. But will look to invest mid term after the fun ends.
the thing is this is all best guess, the SP could be completely different to what we think within a week as anything could happen.
to me don't chase the top or the bottom just be happy with the profit you have get out or in when its safe
At the moment looking like we are at a top, to me not a safe time to buy if you are thinking short term swing trading.
but please DYOR.
Yup I fully concur, but I think the salvation here is the current SP. The rises have actually been fairly minimal against a backdrop of prolonged shut down. Tech had an outstanding year and is now seeing money leave and move to hospitality and travel.
I suppose the over arching piece for me is what price are you looking for ? If we are saying 3.50/4/4.50 then yes I concur we could be some time off that.
But 2.50 by June seems entirely viable with the opening of Us corridors as a good catalyst to achieve that. The European routes may be trickier but BA have a number of world routes to offset that
It’s like anything with the market. We make the money catching the trend and selling out at a time which suits your own individual circumstances
This could be day traded for some time to come. Personally I’m no good at day trading have tried before! I have faith this will rise by June so I’ll sit tight through the ups and downs and reassess each month
Yes Inferno
but the 3.30 was before the RI so we are now around the old price of 2.60ish (not done the math )_
And yes you are correct this is all due to hopes and dreams of making good money here hence the rise this last week.
and I hope we all make money here.
but when the dust settles a month after holidays are back on the books and no sine of covid. How will the the SP react to compony earnings what will be the new level of support. And as you say it went up in June it also went down just as fast because reality nothing had changed . And I worry this week is the same we still have months to go. just don't like the idea of people getting stuck in the red , been there before its not nice.
Mike the market rise is on the sentiment over the reality as perverse as that may sound.
The hard truth is that airlines and indeed 99% of business will be paying off Covid debt for a number of years before they reach pre covid profit numbers.
The fundamentals currently in Relation to the Sp are around a return to normal operating procedure or as close to. The sp is currently around a 1/3 of where it was 12 months ago.
It rose to £3.30 in June based on a feeling the world would return to normal far quicker than it did. 9 months later we are finally in that place and the Sp is below £2
The next few weeks will be crucial as the sp builds on the speculation, remember the old adage - buy the rumour sell the news
Good post Mike, helpful and informative. Friday will hopefully answer some of your questions. GLA
So for what I could find these are some the planes in downtime and more .
19x 777
1x 787
12x a380
and most of the a320 and a319.
From what I can take form the (Airplane Maintenance and Repair
Boeing Commercial Airplane) the path back to air will not be a standard service as if were flying daily , the problem is the prolonged lack of use means that theses planes have extremely higher chance of failure which has had results of perfectly good planes being scraped due to prolonged elements damage.
-So question to any that know how long to fully rehabilitate 1 plane ?
-How much will it cost ?
-and will BA start this process on a maybe/ has it already begun?
-Will this be in the report
As I believe the SP will go up over the next few months. the cost of flying for most airlines is going to be phenomenal this could result in a much slower SP recovery. Perhaps even an negative earning affect like an aftershock which could drive the SP down.
I will be following Rolls-Royce Trent engines over the next weeks for any news of orders and operations this will be a good indicator that will help.
Just some of my thoughts thanks