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You want to hear do you :)
My current holding is 370.000 IAG share worth roughly £608.724k roughly for now
Ok North good luck you no more comment :)
Relax mate , be friendly and gentle :)
if you read carefully you will see “was” and referring my portfolio more then 18 months ago
Low 93p time was holding 196.000k share IAG stock with an average of 128p
Currently every 1 % movement in IAG sp makes a difference of 6.2k on my portfolio.
What number North?
Yep Jotom let’s see how it goes
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Bb markets will price future not much to consider imo, US routes mostly open ,running passenger number soon to increase dramatically that’s mostly matters
We all know how reckless and fearless US guys , soon omicron to be forgotten, expecting blast in passenger numbers and investors to pour more money on travel stocks
If you trying to say delay in recovery will cause RI not gonna happen .
For Europe governments they are much more keen to open routes remove restrictions.
Economies are under great pressure every single day with restrictions hammering the economy increasing civil unrest since Europe runs with democracy-elections opposite of China.
Politicians know negative economic results means goodbye to comfy seat
Been in IAG epidemic game quit a long time . Low 93p time was holding 196.000k share IAG stock with an average of 128p
Currently every 1 % movement in IAG sp makes a difference of 6.2k on my portfolio.
This is the risk I am willing to take based on my experience , profit margin and analysis , dyor
January and February are going to be quiet months for bookings but IMO March will see the start of an upward trend for late Spring/Summer. Results will miss targets IMO but they were set pre Omicron so markets will have priced this in. The bounce will be significant from March onwards.
Spar12.
Thanks, it would be nice if this made a difference to IAG, though I see it more as a drowning man clutching at any floater around to try to save himself. Where it would be replicated in the 'real' world such that international flights become much more easy and cheaper due to no requirements for testing is, to me at least the issue. Those days are coming, but seem at the moment at least delayed due to fog..
Good luck to all. DYOR.
https://corporatetravelcommunity.com/news/eu-council-removes-argentina-australia-and-canada-from-list-of-safe-third-countries-1113381
Spar, opening up post omicron is probably going to take longer than you wish. If I read this rather cryptic story correctly, the EU is pulling back on opening up routes and is still trying to control the spread of a virus that is now totally proven to be of no consequence to health systems against the normal issues.
Focus should be US now any positive news such as omicron peak , reopening and increased passenger number will be a boost to SP
Daily movement 5%+ or - not much to consider , focus on the big picture
We will have another boost once Boris scrap B restrictions and dropping case numbers from Europe will speed up SP price moving higher
3rd world countries will follow us and travel routes will open much faster than you expect, dyor
Expert lobby group holding on to the superspreader masks to keep the pandemic going as long as they possibly can.
" but the face mask rule could remain"
Those gongs were handed out way to early.
The prime minister is, according to The Guardian, drawing up plans to do away with all coronavirus restrictions in England from as early as March.
The paper says his intention would be to let the country live with the virus.
A senior source reportedly confirmed this could mean ending mandatory self-isolation for positive COVID cases. The idea of keeping the rule, which carries a £10,000 fine, over the long-term was described as "perverse" - and instead there would be guidance.
It comes as Plan B restrictions are set to be reviewed on 26 January - or possibly earlier.
It is reported that working from home guidance and COVID passports, both introduced as Omicron began circulating widely, will be ditched - but the face mask rule could remain in the short term.
Hour ago