The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
And don't come here with some random number for TUI sp to scare away newbies!
You said TUI is overpriced above £3, but next moment you bought at 351 or thereabout and made some money? Why did you buy at 351 if you think it is not worth even 300p?
Come with some sensible reasoning/justification for share price and your contribution will be respected!
dyor
https://www.travelweekly.co.uk/news/tourism/save-our-summer-sets-out-rationale-for-may-1-restart-in-letter-to-pm
The Save Our Summer campaign says its calls for travel to be allowed to plan for a May 1 restart are “rational, reasonable and responsible”.
Writing to the prime minister ahead of his February 22 roadmap update, the group is urging Boris Johnson to include “clarity” for the industry in terms of when it can plan to restart.
The campaign group, launched on Monday, now has 735 travel company members, ranging from self-employed travel agents to larger industry players. Collectively, its members employ thousands of people and represent over £24 billion in sales.
Other industry lobbyists calling for a roadmap have not asked for a restart date, with some saying that publicly demanding one could risk jeopardising progress made through behind-the-scenes lobbying of government.
Co-founder Paul Charles, chief executive of The PC Agency, said: “The travel sector cannot be opened up like a hairdresser’s salon overnight. Airlines, for instance, need months of lead time to operate any kind of summer capacity.”
My understanding is current share price will hold even if pm doesn’t say anything about holidays.
As long as wider economy is opening, markets know travel will ultimately return.
Any small hint of travel/holidays in PM’s announcement and travel/holidays stocks will fly!
I am holding tight! DYOR
So you think likes of iag, ezj rallied because they will survive on internal uk routes....hahahaha!
Do you know which companies will rally most if pm hints about overseas holiday corridors from June-July?
Do you know market always tries to price in at least 4-6 months of events and adjusts share price now accordingly?
Do you know thes holiday companies will recover enough cash to survive even if they get about 2-3 months to run holiday programs?
Do you know how many assets tui have got which they can think of selling and raise further money? In fact, tui will start selling few assets once normality returns and share price will recover quickly.
Do you know how share price was holding well at around 500p even after announcement of RI?
I think tui has already hit the bottom at 308. There’s strong support at 300-320 area from pre-RI time.
If there’s some positive hint of holidays this summer in PM’s announcement, then sp will recover quickly above 400p.
My initial target is 480p.
I also hold JET2 and IAG and don’t have shred of worry about recovery of these stocks!
Dyor
https://m.huffingtonpost.co.uk/amp/entry/five-minute-covid-test-nightclubs-moonshot-plan_uk_602fee6fc5b67c32961d49aa/?__twitter_impression=true
A highly accurate 5 minute test. This is what we need to get the engines started !!!!!1
Linkop,
Not sure if if that sudden drop in ftse is something to do with options/derivatives expiry before end of week.
But Monday is another day and futures may recover before start of trading on Monday.
Also did you came across this..... taken from iag bb
Telegraph 5 mins ago
The prospect of summer holidays this year is becoming more "positive" as experts say it would be "feasible" to set up a vaccine passport system for international travel.
"It’s looking increasingly positive on summer holidays. Once the vaccination passport system is set up it should be straightforward. That won’t be easy, but we can see the way ahead," a Whitehall source told The Times.
A number of countries are working on vaccine certificates and the Greek tourism minister has said his Government is in "preliminary discussions" with UK ministers over a potential travel agreement for vaccinated Britons.
However, scientists said today that a lack of set international standards for vaccine passports mean that they cannot be introduced yet.
"An effective vaccine passport system that would allow the return to pre-Covid-19 activities, including travel, without compromising personal or public health, must meet a set of demanding criteria – but it is feasible," said Professor Christopher Dye, a professor of epidemiology at the University of Oxford and one of the lead authors of a report published on Friday by the Royal Society.
Scientists also said that more information is required on how effective vaccines are in preventing transmission, and the duration of protective immunity they provide, in order to establish how long a passport might be valid.
There is nothing wrong ceo selling about 100k shares. He bought last February at around 700p so he incurred losses on that purchase. After all he is family man and need money.
He is still holding around 700k shares.
He might regret selling at such low price though.
IAG results on 26/02 will cause a temporary blip in SP....Why?
There is also possibility that it will shoot up if cash burn rate is reduced more than market expect and cash balance is more than market anticipate. There may be more good news from cargo revenue.