Member Info for big-blue

Well it definitely hit 180.00 for a few seconds, but that seems to have fired off a lot of stops!

https://www.itv.com/news/granada/2022-01-13/m-and-s-rename-midget-gems-after-liverpool-campaigner-brands-term-offensive-dwarfism

Please tell me this didn't happen!

Now yesterday Easy J had the lead then the money sloshed over to IAG towards the close. What is the betting the opposite happens today!

pop!

Another one of those psychological round numbers!

https://viewfromthewing.com/__trashed-12/

Yup, stateside too! Things are definitely getting back to normal.

"through bucket loads of poo at me in response."

THREW of course!

Anyway, all goes to underline my position that you have to keep a 360 on investment matters and that certainly includes the politics of it.

"The issue over restrictions on non-EU shareholders has proved a major issue for airlines and was a factor in Ryanair previously deciding to delist from the London Stock Exchange."

Yes I remember now, I posted warnings about the attitude within the commission at the time, to much disdain from others. The commission hates the UK with a passion and will seek wherever it can to do as much damage to the UK as possible out of spite and retaliation over Brexit. It was the delisting of Ryanair which caused the comment and many here through bucket loads of poo at me in response.

Well, seems the issue is back and the increasing coverage indicates the EU commission has the big wooden spoon out and is briefing and lobbying the media to scare the UK it will lose BA. Errrr, I would rather BA was taken off IAG's hands independant from the EU and it's national EU flag scheme. I would rather it was owned by the Qataris than the EU who would subvert the airline as a servant of the French and German airlines.

https://www.airinternational.com/article/strike-threat-gatwick

Things definitely getting back to normal. Trade unions already moving into destroy people's travel plans. Aye, things definitely getting back to normal.

Mind you, after all the issues restricting people travelling over the last two years, it would be a very brave striker to show their face on a picket line at an airport. I foresee a lot of thumping of heads by rather angry travellers!! The unions should step very, very carefully for at least a year.

https://www.gbnews.uk/news/john-major-says-shifty-government-dreamed-up-brazen-excuses-and-told-public-to-believe-them/223541

John Major. The former Prime Minister has delivered a speech called "In democracy we trust?"

This is the same one who denied the UK population a referendum on the Maastricht treaty because polls showed 3/4 did not want to sign up whilst the rest of Europe had one. What a nerve!

https://www.gbnews.uk/gb-views/early-version-of-covid-found-to-have-grown-in-chinese-lab/223485

Hell of a long list from Deutsch!!!!!!! Only 2 sells.

This was probably the important one and the prediction of when;

"
Oct 2021
** It also downgrades IAG to "hold", given heightened equity
dilution risk which may weigh on shares early next year --- Berenberg
https://www.lse.co.uk/news/IAG/berenberg-upgrades-easyjet-downgrades-iag-5yatu7tvtabidw2.html!

I was not referring to the earlier RI, I was referring to 'round 2' of the RIs, should have been clearer. IAG had one before but hasn't had a second one like most of the others.

JimMay - how long would it take to remove the debt with revenue? That is the big question. Insolvency is not the question but how long the debt will be there. Specifically, the government backed loan does not allow dividends to be paid to the parent group. Therefore, the RI could be used to get rid of the loan facility to allow BA to begin to pay divvies to IAG at a much earlier date.

With the conditioning of the sp vector over the last year or so, coupled with all those people sliding down hills and tracks in Xian, it is no wonder the perception is that this MUST backtrack.

Past performance is not necessarily a guide to future performance!!!!!! If the airline stocks are going to recover, then there will have to be a reverse of vector to a positive gradient. Is your glass half full?

"A trough which is the opposite of a wave may I suppose as it's a negative feature and waves are positive. Though one only has to look at the price and trading over the last few weeks to see what way the ocean is moving."

Peaks and troughs are parts of a wave, a trough is not the opposite of a wave. The y axis value of a peak or a trough or both maybe positive or negative depending where you put the origin. Furthermore, the position of the particle on the y axis has no orthogonal component therefore the wave is not moving in a direction as on 'ocean'. Oceans move according to the pull of the moon and displacement of water along height gradients.

https://en.wikipedia.org/wiki/Wave
enlighten yourself jotom.

Last year there were three separate brokers indicating IAG would need an RI based on the state of the books. IAG prevaricate for over a month not making a single comment except a press interview where the CEO stated they were looking at other options BEFORE resorting to an RI. Many quoted an abridged form of the comment stating he said it was ruled out when it wasn't. The sp went into terminal decline the longer IAG continued with no updates and it was reported the city was rife with speculation. Finally the company announced it had taken on more credit in the form of government backed loan. On that basis people have assumed there will be no RI, although a broker recently raised the prospect again thanks to omicron.
The effects of omicron on the business finances will be shown in a couple of weeks. There are a multitude of options depending on what business philosophy IAG and BA decide to take post pandemic. Most of the peer airlines have already had RI and IAG has not. The company has been very quiet about business information and people will factor that into the overall assessment. For me, it is more probably that IAG will do a RI in order to unburden debt and in doing so make BA a far more attractive commodity to be disposed of. Others will equally say it is more probable IAG will use revenue to pay of credit. There is a probability IAG will be forced to dispose of BA anyway, or BA will pass to EU ownership only and the long term plan of the commission to have the 'national flag' of the EU prominent on all EU carriers with lesser state markings showing original origin, like the currency. With IAG so silent, it is anybodies guess as to what they will do!

https://www.news-medical.net/news/20220210/Regular-surveillance-testing-of-a-community-can-prevent-Covid-19-outbreaks.aspx

And of course, let us not forget the other reason why pharma, experts, research, labs and the whole pot of crap will not be letting this money spinner go so easily. Whilst I am a blue blooded Thatcherite free marketeer, I would support profiteering laws against people keeping the pandemic, or fear of the pandemic, going simply to make money. If I were the Prime Minister [imagine!] I would have MI5 keeping an eye on who is feeding the media to keep the fear factor going, who is profiting from it.

https://www.rte.ie/news/coronavirus/2022/0210/1278941-who-coronavirus/

"The cumulative number of confirmed Covid-19 cases globally is now approaching 400 million." 400 000 000

world population 7.9billion, 7 900 000 000

400000000/7900000000 * 100 = 5.1%

5.1% of the world's population estimated to have contracted a covid variant. The majority would be omicron due to the high contagion.

Was the lockdown over two years worth it?