Member Info for Archy147

I know exactly what you mean.

On the one hand, my head tells me I'm invested heavily enough here as it is. On the other, my gut tells me this share has the greatest upside potential of any in my portfolio so I'm itching to top up further. Hard doing nothing as you say, especially when you feel certain you're sitting on a major multi-bagger!

One thing that made it a bit easier doing nothing today was the size of the spread. 10% diff between bid and offer is ridiculous. That needs to narrow if I am going to be tempted to put an extra k or 2 in.

I appreciate the response Trader.

But why are hedge funds now short by more now than they have been at any other time in the last 30 months??

Whilst I agree I think this will go to 250 (and 300) in due course, i can't say I'm relaxed about betting against these big boys

I see Marshall Wace (1.21%) and AKO Capita (0.77%) hold significant short interests and both of them increased their shorts during October. The last time declared shorts reached 2% was over 30 months ago.

Are people concerned about this? For me its enough to put the brakes on investing more at this point in time, even thought he current price under £2 is extremely tempting. Genuinely interested in hearing people's thoughts.

With respect, a steady climb to 250 over 12 months has never been the BOO style, they are far more volatile than that.

Any sniff of positive sentiment will take this back to 300 in no time IMO. They were 321p on the last day BC (21 Feb 2020 -the final Friday before Covid hit the markets). I personally think Covid has strengthened the proposition of Boohoo, not weakened it, so I am totally expecting a rise back to 300p+

Dammit I was planning to buy my final tranche under 40p today. Have had to move funds around to make the extra purchases here, which is why it didn't happen sooner.

Anyway, if this 10 bags (or more!) I guess I won't be too concerned about having paid an extra penny or so

I'm pleasantly surprised to have been able to buy more @37p today.

The contract announcements today provide strong evidence in support of the bull case. And yet the SP still hovers not far above the placing price. There's so much potential here, feels like the market is yet to catch up.

The Financial crisis of 2008 saw the HSBC share price tank to a nadir of 359p (that’s the lowest number I can find on the Google chart anyway)

Funnily enough, the share price now is also around 359p. Is the world financial system on the brink of total collapse just like it was 13 years ago?

If you believe the answer to be “no” Then this is a huge stonking BUY.

I don't know why people are arguing on here, I though we were all supposed to be on the same side - we all want to make money, right?

I have no time for bickering, but I do have time for making a few £££ With that in mind, I've bought in here today at the price just before close of 168.10.

Yes IAG is risky, and could continue sliding, but my view is this is a 2x, potentially 3x, bagger if and when air travel takes off again. Give it 1-2 years (patience is the key!) and I expect at least 100% return from todays price. GLA.

We've dropped from 350 to under 310 twice in the last 6 months, I wouldn't be surprised if it happened again.

Guys the worst thing anyone can do is let themselves get wound up by an anonymous person posting something unpleasant online. It's easily done, have been there myself (getting wound up, not posting something unpleasant).

If you are letting someone get to you then I suggest taking a step away from the board. At the end of the day, little anybody posts here makes any difference to how successful or otherwise your investment is going to be, so why waste the emotional energy.

Also, its worth taking a look at yourself and asking are you too emotionally invested in this share? Its never a good thing to care so much about how one share is doing (as well as what people might be writing). I think every investor gets emotionally attached to their stakeholdings to some extent (indeed an IC article last week explained this phenomenon) but in a well-balanced portfolio one shouldn't care TOO much about how one individual share is doing. If you do care too much then consider diversifying more.

Ps I'm down here a good 40% since buying in. I'm irritated at my failure not to sell out when the FCA stitched up AMGO in their court hearing - this was a clear indication of the likely direction of travel here - but I only really care about how I can learn from that and improve my decision making in future - nothing else really bothers me.

Holding one's nerve was the easy part.

The more difficult part was having enough confidence to buy the dip, like sbbtwenty20 did. Well done sir for doing so (sadly I only thought about topping up, didn't actually go through with it).

Probably a realisation from the market that it f***ed up by taking us below £3 in the first place.

This share is on its way back to £4-£5 , we should all be taking advantage of any dips that occur along the way.

I don't see any point in making any predictions here.

When the price was 14p, Surprised, who's getting lots of "recommendations" for his posts below, predicted on his twitter feed that the sp "will be 20-30p within weeks"

Instead its plummeted to 6p now. I think this goes to show that a) MMs are absolute scoundrels when it comes to driving the price up and down for no good reason and b) Rampers on boards like this are no better.

In other words, pay attention to no-one. This could go anywhere, with a continued drift down probably the most likely scenario from here. Sadly I still hold btw so hope I'm wrong.

Your most boring, my most frustrating. Now lost 50% since muggins here was suckered in at £1.60

For me this really highlights just how badly MMs manipulate the sp when there is a bit of news. No news since then has allowed them to drift it all the way back down again. Shocking.

This got to 87p last April months before there was any vaccine in sight!

Beggars belief we’re 25% lower than that now. One can only hope this market madness comes to an end sooner rather than later. It’s not good for our health watching this slide unfold.

This market makes little sense at times

Back in April last year, when no-one knew if a vaccine would ever come along, let alone how long it would take, the sp got to 87p. It then dropped again before hitting 77p in June.

Now, with the astoundingly fast progress that has been made, and 2/3 of all UK adults fully vaccinated, the sp has slid to 72p, lower than it was at the height of the pandemic uncertainty last year. Madness.

Disappointed this was rejected. As a shareholder I'd much prefer to have 200p in the bag than be sitting at 140p and hoping for 200p in the future.

It makes me question whether the board really are acting in our best interests. Do they have incentive to reject an offer to protect their own position (ie would they be concerned about losing their jobs if the company were bought out)?

bbeettaa - the problem is its impossible to factor in any impact. You might guess they would lose 10% or 25% of their business, or you might guess, actually, their relative position in the market will have strengthened and they'll gain 10% or 25%.

The point is, no -one really knows so for me the pre covid/pre-dilution price is a reasonable benchmark to base a target around. This has worked well on other shares in my portfolio - including MNZS in the aviation sector - so see no reasons why it can't here.

I think physical's point about the market cap is a good one though. Is it possible to see the full history on that anywhere?

Thanks for the responses guys, and dehghani.eco thanks v much for the detailed calculations!

Bottom line appears to be there's LOTS more upside to come here (assuming you concur with the view that things will return more or less back to normal)

It was only a matter of time before this started rising.

Only question now is where to? I'm still confused by the different responses here regarding what the pre-covid/pre-dilution price was lol