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yeah, 10% would have been quite handy.
hey , BA at 200 for the long term could well be a worthy punt , ask all those that bought in at a 50% plus premium to todays prices. As a day trade , I have not even thought about BA , to much being gained on the banks. As a punt , I continue to short.
well its below 200 now is this worth getting into for a quick day trading ...maybe 4-5% bounce by tmrw?
-hope you got out heyhey,gl
Just in case you feel that I may be deramping BA , I respect the views of others and would wish my views to be read openly and with respect. I currently short BA. The likes of Goldman Sachs has BA as a sell with a target price of 200. Oil is continuing its rise. BA have postponed their move to T5.BAA who operate the terminals at Heathrow are likely to have their debts reduced to Junk status. Several small-medium sized airtlines went into bankcruptcy last week. Tourist traffic from the states to europe will probably be at an all time low due to the weak dollar and the lowest recorded consumer sentiment figures released for 25 years. Nobody knows how the OpenSkies agreements will effect BA traffic. BA is having to write off millions from the T5 fiasco. Moral within BA is at an alltime low with calls for senior management changes. The DOW is on a slide dragging down the FTSE 100 , if this continues over the next 3 trading sessions , with BA going ex-div on Wednesday , their shares are likely to drop 3% before wednesday and a further 3% on Wednesday , as noted , if the next 3 sessions are weak , which is looking more likely than not. I do not think that a recovery for BA will take effect this year , jimo , and the SP , as stated continually , will be closer to 200 than 250.
by midterm i assume u mean 6mnth-yr?recently the sp reached 265,is that the highest it may go back to within the next few wks?i am hoping to dump some and am wondering whats the best price i can get?
..BA are not like by their staff , pilots , cleaners , let alone the majority of their customers. Fuel costs are high and not worth hedging against as if they go higher customers will not pay surcharges and simply look elsewhere or not fly. Most business deals that were done in the past needed people on the ground , ie. they needed to fly , with IT and offices being opened up in the hey days across the world , the need to travel speedily and in comfort at a high price has gone , hence the goodbye to concord. Business class is dwindling and jop blog is happy to go via a charter with like minded people at low cost. Unless fuel comes down , I see many airlines folding up. I have not even enetered into the fact that aside from the disney land crew , most europeans dislike america due to it's alienation of the rest of the world , god bless america and all those that fly BA is what I say , as they are both in need of serious rehab , a bit like me , so I will no go and watch Leon with a pot of tee.
... as a result , they have not paid a dividend for years and their shares have collapsed. Yes their slots are worth a few billion and so is their infrastructure , but hey , if BA goes bust or carries on heading into wind, nobodey needs to pay , they simply only need pick up the pieces. Iberia linked to BA , makes me laugh , you have the spanish buying the airports and their airline clients rumoured to buy out the spanish routes , what fun. If BA went for Iberia , BA's stock will fall like a stone as they can't even manage their own.
Oasis Airlines went bust today and had little support from other airlines aside from the cream , ie. Singapore and Cathay , ie. they just did not take off or land as to where they were meant to be going. T5 was a disaster for BA , but their biggest disaster , imo , was to focus on long haul and not look at their domestic market when the 'Open Skies Agreements' were due to come into play. T5 is what BA has and has to fight to maintain. Airlines are folding and passengers rarely give a monky who they fly with aside from price as they have accepted bad service before they even arrive at the airport. The Uk has sold off many of it's airports to some spanish outfit , so good luck to all. The problem for BA is that if the likes of Naomi model head can be thrown off , skies the limit. All passengers get the same , being my point. So , the rich paying routes accross vast oceans are now a free for all under open skies which equals less monies for the prime routes that BA operate.
i completely agree with all your comments on flying. (not) especially BA it is a necessity, not something to relish. no matter where you sit. not sure where the bottom of the BAY price is though... obviously revenue/slots/terminal 5 asset plays an important role in gross valuation. with oil`s inexorable slog towards higher prices, is there any near-term possibility for good news? iberis purchase ia an anomaly for me, apart from the pre-season inc. in traffic... rgds, FB
DonAce , if you reco that BAY is not a strong sell , why have you got an order in to buy at £1.80. If that is not a strong sell from 228 , what is? heyhey , I have been a shorter on this stock for a while. I take the monies when it bottoms out and then look again to buy in when , imo , it has outdone itself , again. I will never long BA as I have no faith in BA and look at any rally in it's stock as a false dawn ready to close at anytime. With regard to dividend , should BA not pay it's first dividend for years , you can safely say BA will be grounded , so , you may get your long awaited dividend , in part. Long term , yes DonACE is correct and if you have the monies , why not buy in for the long term , but equally why sit on a stock that is in a downward spin , surely pull your monies back out and buy in later , but as a shorter , I would say that , but hey , heyhey , do your own thing. If DonACE is happy at 180 and I am saying sub 200 , I doubt anyone will say that BA will rally over the next few months , so do as you will.
any news on the possible div?thanks
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/03/31/cnba131.xml
...must have been a bit like what the banks used , maybe they all got their stress plans from a chief exucutives weekly news letter , this link should indicate the way forward for BA over the next quater..
the SP price soon , not 250
...we treat you so well that we do not care , the next problem is your flight that we cancelled....keep the monies comming BA , you may think you have monies in the bag , long term , you stink.
....the likes of most UK airlines is simple , crap service. Easy to say in heinsight , but search Ryan Air to cancel your flight , impossible... BA just simply cancel flights and pay . Do not get me wrong , but airlines diss their clients so much that clients question why they should fly and go through all that stress in the first place. Yes business class is necessary , but why go on an adhoc basis to be treated like an arse and should you arrive , again be treated like an arse. Travel used to be fun , no more , it is both increasingly expensive and not a pleasure. Good luck , but i continue to see BA stock dive. do not want to fly. This leads to a confidence crisis.
For whatever reason I like BA also but for the life of me I don't know why - I suspect it is my patriotism showing through. But let's be clear, BA does not enjoy a reputation of being the worlds number one airline, their cabin crews are surly and arrogant and know little about customer service and their baggage service was/is appalling. Until BA rectifies those problems they will never be able to compete with world class carriers except in the minds of patriotic Brits. None of those things however will stop me from making money on their share price but we need to be realistic about the nature of the beast.
BA occupied T4 25 years or so ago .... and are still able to handle the passenger loads.....even though Ba have had bad publicity with baggage but still they have a reputation of the worlds number one airline and also the best safety record...We just need to think about the flight from Peking BA038 crash landed at Heathrow.....yet business and ticket sales are still booming as the airline has a very good safety record and pasengers feel safe.Ba have made and reached their target in the 3rd quarterly results. Lets hope the last quarter provides just as good results if not better. Good luck!.
BA have got to win out of this one, their own private terminal ?
a big business with big responsibilities...T5 is a pay off in 5 years time , maybe.
...a bit like the olympics in Beiging , whatever, lets continue to kill a few folk that get in the way and hope that we bring the world to us...
T5 opens tommorow......Lets wait and see the outcome....
oil has gone down to 100 $ from a high of 111 but sp is still around 230 all last week.any chance it will go to 240's on tuesday/next week?hope so.