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The markets as a whole are down, no consolation as this sp has been going down before that.
Perhaps everyone is afraid of the big bad wolf that is Michael Burry, the S&P 500 shorter that is shorting the S&P now?
A self fulfilling prophecy?
Moan....
Sorry just needed a quick moan, as we all know this is a £2.50 + share and it has no business being this low at this point of the Covid recovery cycle.
Wait, we are not done yet, more down to go.
Hitchy64 can you please replace the Ha Ha with Ho Ho. It’s all about the grammar lol.
Yeah, and all the so called experts then say it’s gonna be 250 by Christmas. Ha ha. The way it’s going we’ll be lucky to be at 170 by Christmas.
Another down day. It would be a catastrophe if this share actually went up one day in 5, cannot let that happen.
Everyday, down, just a little. Then at the end of the quarter or year it has a little pop and everybody says how great that it went up, yippee!! Forgetting that it is still further down than it was 6 months ago.
All IAG needs to do is pay down debt with that profit....
Nuri123a, yep, especially when you consider what they value US companies that don't make any profit.
On track to make €2.5 billion and its valued at £8.5 billion... seems incredibly undervalued.
Aware of the order to update their fleet. That’s great news and I’m sure is well overdue. I do think JET2 have a great product and their business ethos is something to be admired.
Jet2 are rapidly updating their fleet they have 98 Airbus on order, they have a fantastic reputation and loyal customer base and as reported in the press on numerous occasions last year they had zero cancellations when almost all UK airlines were struggling, yeah that 75 is ageing a bit and I hope it's going to be replaced, before Covid i flew to DC on a BA 747 and that was 23 years old.
Have a great holiday.
So I’m currently on holiday in Tenerife, I’ve travelled on JET2 and if you look all their fleet are aging. The 757 I flew in was 33 years old and it was so tight. Not a massive fan but on the plus side there wasn’t a seat unoccupied. I flew from Manchester and had a chance to speak with the staff and they said all their flights are at capacity to all destinations.
Wazzzup bobbins? All good here, hope the same for you?
Like you, many on here, including myself, probably wondering where that launch pad went, you know the one that was supposed to rocket this stock skywards?
Instead, it's stuck on the runaway with one engine running and the other three stalled.
Jesus - I had a few days off, and (foolishly) came back thinking that things may have improved. No. I remember back in the darkest depths of Covid when the price got up to about 220. Now we are back to relative normality (and yes. I know there are many other issues), but still can't break out of this 160 range. Frustrating would be an understatement.
PS. yo, fordm - wassup?
As much as we would like to use BA, unless we go to the UK it is pointless.
However, I do fly family out of the UK using BA, so by proxy I do use them.
Last month fly out on easy jet and back on BA - EJs plane seemed newer but the seats were so uncomfortable and leg room was poo. The flight back was so much better, comfy seats great leg room and the staff fantastic and for the £56 difference it was well worth the extra. If available I always fly BA.
This wont fall much more. FTSE is on a downward trajectory, but IAG has remained relatively level. We are only 6p away from recent highs so nothing to write home about. The general trend from October 2022 is upwards, almost in a straight line. If you follow that line its 200 by 2024. But annoying that I missed an opportunity to sell at 169 and get back in lower, but there you go.
And yet we are repeating the same trading pattern as yesterday. Every day nibbling away and closing a little lower.
The pessimist in me sees this following last year's pattern, hoping it does not go down to the 90's again, but then again, no reason for it to do that last year either.
UK inflation data has taken centre stage so far today, and fresh data from the ONS shows the consumer price index continues to fall with a rise of 6.8% in the year to July marking a meaty drop from June’s reading of 7.9%
Summer travel demand has peaked markets looking to see if corporate travel returns 🤞
IT'S WEDNESDAY.................
This could be another RR. But a little patience is required. I can see more green then red in the coming months - but what do I know🤣🤣🙈🙈
Use BA a lot, however, it's not for their service, it's for the ease of T5, and AMEX avoids miles :-) There are definitely better airlines
This is the typical Aug and Sep lull....then we will see some real improvements in the share price...and yes, it will be instant , a bit like RR, IMHO. Be patient and you will be rewarded... and if you can top up at a lower price and you can afford it, why not!
Revenue is coming in as number of passengers is holding up quite nicely and they are paying more this time round compared to 2019. I am holding. DYOR always before pressing that button.GLA.