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Anyone know this should be 130+ by now. Am I missing something
today we might break the £1.24 mark by close. Read an article about company reaching agreement with staff averting strikes, 18% pay rise for the year...Still a leaner company compared to before as staff had received a bigger cut during pandemic..Staff issues should be resolved within a few months too..oil continue to move lower...all good news.DYOR.
Lol thats the questions I've been asking for weeks. Also Sund don't give price targets you might jinx it !
IAG have also just exchanged a £100M loan for a 20% stake in Air Europa
more and more managers say bottom is in.. who said FTSE under 7k??Hahahahaha...maybe they should change job!!
oil down again 3%....$120 getting further and further!!!! Expect anther excuse as to why is down!!
I CAN guarantee it's good for IAG! DYOR.
Another ~2% rise. Interesting at 2.35 (US market open) the sp tanked and restored its trajectory ay ~4.10. Head hurts from the Tunnocks celebration. Lambrini to restore the electrolyes lol.
Still flight caps, would t expect too much movement till next.results.are.out and divis resumed 1stQ next year....the future is so bright I gotta wear shades
Thanks Jtan, i do remember who those posters were who were constantly predicting 7k ftse in the next few days( oracle) a while ago..and AC (not timeline given)!! Spot on they have been!! NOT.
Ftse up yet again, nearing 7600. Maybe IAG breaks £1.24 barrier and heads NORTH where it should be. DYOR.
Cabin crew at IAG's Spanish low cost airline Iberia Express plan 10-day strike
Miami to London in FIVE HOURS? American Airlines commits to buying 20 Boom Supersonic Overture jets that will fly at twice the speed of a 747 and carry up to 80 passengers
https://www.dailymail.co.uk/news/article-11116883/American-Airlines-commits-buy-20-supersonic-Overture-jets.html
So over a 5 day range we are almost net zero...
Markets don't like uncertainty I can't see investors buying back in until the passenger cap gets lifted end of October
Let me correct that, be are below net zero.
Alot of the stocks are down at moment today; its probably due to the inflation and cost of living increase. Everyone is nervous to see what happens next week with the energy prices as well. Selling to pay the bills I guess lol
As I said on here a number of times, the big big driver of this is now the inflation rate. As long as that is above 10%, and rising, this will remain a hard break on IAG.
Not Oil prices, not passenger numbers but inflation
Loyds if you're still making millions in pnl with inflation this High and forward capacity already BOOKED. Then it's fair to say that the value of the sp is higher
LloydsActuary
Inflation is predicted to be 13% next year and interest rates to peak at 3.75 per cent are you saying the share price will keep dropping
Well its a headwind
You can expect 3% falls whenever the inflation rate disappoints
Inflation is a terrible curse on any economy. Whether it rises to 13% or not depends mainly on Ukraine but that seems to be a slow mover now and will last into the Winter.
Alternatively some hero gives Vladamir a lead lunch and we can move on. Longer term, IAG is going to hit 150 then 200 soon after
I think the concerning bit is ftse down 0.35% while airliners getting wrecked
Bank of England’s recession warning hits UK consumer confidence
https://www.cityam.com/bank-of-englands-recession-warning-hits-uk-consumer-confidence/
Not particularly. In general IAG has a ridiculous Beta and moved in the FTSE will be multiplied
Typical. We rise for a day or two then slapped back down to previous level. The 'bots probably sucked out any new money on top of Mondays ~2% rise. We'll probably be 1/2 % up tomorrow just to 'rebalance lol/
oil lost $2 in the last couple of hrs. can only be good for airlines. Watch US markets go back up after ftse close! DYOR.