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Also, I agree the market is looking a few months forward but:
- it will take another 12 months or more till we expect to see pre covid revenue. I think 270 - 330 is ok till the end of the year
- there ups and downs. Our goal is to earn money by selling on the tops and buying in the dips
Good luck all
David it’s fairly simple -
New mutant strain
Delay on opening up
Delay to trans Atlantic corridor
Infection / morbidity increase, marking a delay to lifting of restrictions
All those will push you back to your £1.50 entry point
In their absence £2.50-3 will be where it’s heading. Hedge your bets and buy in small intervals, if it rises yes the profit will be less but if it goes down so will your average which when it does rise will be good for your profit!
I have no doubts IAG will soar but I am trying to decide what my strategy would be for an entry. I can see two options:
- around 194 - there is a gap that supposed to be filled. From there it could test 238 and 268 potentially. Then some correction will follow
Or
- it could go down to 150 or a little bit less in the same way as it did in May -June. It will not go below 140 for sure. Also there is a very small gap around 150
It is still March and there is a lot of time till the summer for the sp to go up. I also compare with the other airlines like america airlines, lufthansa, easy jet and see the same correction there.
Any thoughts?
The stock market is a device for transferring money from the impatient to the patient." - Warren Buffett.
Well argued, nice to see a balanced and reasoned post.
I think the travel market overreacted to one of the main cruise liners tapping the market again (Norwegian cruises)
There is going to be extreme volatility in this pandemic market but it is hard to argue against a higher share price post pandemic when normal times return.
I was guilty of day trading the socks of this share but I think the time is coming to purchase and put away for the long term
@ Flight D - not aimed at you Old chap, just bored of reading the passive aggressive, scaremongering posts on here amongst some sensible discussion.
As with anything on the market there is risk some seen some unseen. I recently caught a nasty cold with Scottish mortgage and baillie Gifford Us, I was Stuck between holding my nerve and being the last man standing on the deck of the titanic. In the end I cut my losses of which I’m glad I did as currently they would have nearly tripled had I stayed!
My point being none of us call it right every time and the market carries risk. But we accept that risk in pursuit of significant gain V traditional savings routes.
It’s all a bet, an educated one none the less with what data you have at hand to hedge that bet! So when looking at IAG I am hopeful of £2.50, £2.75 at best at which point I’ll cash out. If it goes to 3/4/5 great good luck to all those holding long term.
My strategy is my strategy and is bespoke to each holder, no one has the right to say any is better than the other. My pain emerges when these boards are taken over by day traders or inexperienced folk having a melt down over a 2% rise or fall and then shouting out to anyone that will listen that’s it’s peaked and is down hill all the way !
Inferno, what you said.’ As a minimum look at 6-8 weeks. A number of key factors will either make this go to £3 or back to £1.50 of which none of us have any control either accept the risk or sell out or buy in. ‘ is a very sensible view with which I concur.
I just wanted to bring some balance to the board having read some ridiculous predictions. I am no expert on share price movement but have 29 years experience in the industry so have some insight on future traffic forecasts. . I do have skin in the game in that my livelihood depends on it and I want the recovery to be swift. I don’t normally post but felt compelled to.
Good luck to all holders
Fully concur buy the dips.. the old adage - buy on thunder sell on the sound of bells.
Tops up along the way, yes please - anything between 1.90 - 2.10 is a great price if you reasonably think this will hit 2.50 in the near term
@Inferno good Post!!
Lots of factors affect the SP, long term holders here will be fine!! The trick is not to panic!! Small top up for me yesterday to add to my long term holding. When US opens up properly this will absolutely fly!! Pun intended!!
Sorry to Jump in, but the level of scaremongering and self defined experts is laughable. From day traders to insiders who time the market to perfection is utter BS
The people making the most noise about the ‘worries and struggles ahead’ whilst protecting investors and just ‘presenting a balanced view’ are unsurprisingly the ones who sold out at an all time high and bought at an all time low. Utter tosh so tiresome to read...
If you obsess and watch any Sp daily it will rise and fall. Am I in this for the long haul ? No I’m not but am I in it for each day and price movement .. No I’m not either.
As a minimum look at 6-8 weeks. A number of key factors will either make this go to £3 or back to £1.50 of which none of us have any control either accept the risk or sell out or buy in.
Trans Atlantic corridors
Gov travel roadmap April 17th
Vaccination rates
Further mutation spread
Yes I agree don’t ramp it’s tiresome or deramp equally tiring. Have a reasoned discussion debate with data. Is £2.50 realistic by April, absolutely, £3 is pushing it in my opinion but who knows ?
This share is driven by sentiment and possibility at the moment actual profit and service delivery isn’t part of the equation in the sp currently. Yes that will change I’m sure in time.