Member Info for big-blue

Makes you wonder what fills people's lives when they have to come on to a bb and post insults or complain about other people posting. Nothing constructive, just an endless list of people complaining about other people posting, just calling names and casting negative aspersions. It is Sunday, invite the family around, get some contact with people, so a full Sunday roast and forget about how many times other people post or whether they happen to hold a share here or there. Take the Sunday off. We can manage without you.

A prudent investment strategy? When commentators with editorial checks and/or legal clearance announce the likelihood or need for a rights issue, pile in as much as you can as quick as you can?

It is one strategy I suppose. But not one I will follow.

GLA DYOR LOL

"IAG is someway off insolvency, it can sell assets like BA quickly, it could tap the shareholders for 500 million Monday to meet debt payment deadlines if needed, but the CEO says no 'emergency' tapping required. It can remain solvent... "

"Oh my god. Big-Blue STILL going on and on and on about how IAG won;t survive, will crash and burn, doesn't have any money, will have to dilute the shares to 2p..."

"It can remain solvent... " verses " IAG won;t survive, will crash and burn,"

You see, the manner of the response indicates which one is actually trying to manipulate and fool others. The boiler room ramp is still in full battle dress, still believing in rainbows.

While the red flag is hoisted over this share it ain't happening. It doesn't matter how far you try to twist it, how much you try and deny it or how much you try and filter it. It is there, in the real world.

The panic and terror in the people holding this share is just extraordinary. Is it worth the stress? Thank god I am NOT holding at the moment. I'd have those three independent broker comments racing around and around in my head desperate to get some word that they had changed their positions. Something, anything. And what if there are not alternatives to financing by issuing more shares? Would there be just a bang dilution? The stress, the worry.

Hell if I was holding a share with that hanging over me I'd dump it, turn off the computer and enjoy a nice glass of whisky free of the burden asking myself how the hell did I ever let myself get so wound up in such a desperate position.

IAG is someway off insolvency, it can sell assets like BA quickly, it could tap the shareholders for 500 million Monday to meet debt payment deadlines if needed, but the CEO says no 'emergency' tapping required. It can remain solvent but what is left in terms of sp will be meaningless and I suspect a huge loss to the pis looking in here.

When I am not invested in a share, the sp is of no relevance or interest. Changes will not impact my bank balance at all. If I were to regret not investing in this or that sp which then shoots up I would be a shaking wreck by the end of week one. There are often half a dozen shares at any one time making great gains. Should I lament not being invested in each one? There are also as many shares tanking or even worse too. Should I celebrate with relief I wasn't in them?

My strategy is take in the 360. Understand the sector. Understand the market forces. Get an angle on how the iis and the city judge the sector and a particular business. Try and figure out what variables have the greatest impact on the automatic and manual trading strategies. Get it all in focus. If a cyclical pattern is found, move in and out riding the wave. If it looks like the market has tey to factor in a 360 variable, make move. I don't wait for a low, just as long as I can see a differential, then make a pop. Since spring, the differential here has been the reopening of air travel. It has been a catalog of sabotage, delay, interference and just plain bizarre delay. The crescendo, the big reveal of when to open up the US, amounted to barley a puff of smoke. The red flags kept me out. With the red flags removed and this 250000000000 promised by the ramp fest I may still see a margin ahead of results and shimmey in and out. Who knows, who cares? It is just a game.

I always find it interesting when people post how I am supposed to have missed out. But not on a list of big gainers of the day, only specifically this share for some reason. Frankley I watch a range of shares from time to time as if I was watching a football match. I don't really like football, I don't follow any team. But occasionally I might watch a match or part of a match to fill in some dead time. I don't care who wins or loses, just as long as they don't spend endless hours passing the ball back and forth at the back. If one team wins, did I lose out because I wasn't a dedicated supporter or because I didn't put a tenner on them to win? No, of course not. I watch the rise and fall of IAG's share price amongst others. I had a potential strategy which I pulled because of red flags, too much risk for me. Whether it ends up as 10p or £10 by year ends is quite frankely of no interest to me at all. I have not moved any money into it. The change in sp is therefore completely irrelevant having zero impact on me. The only time it is relevant is if I put money in and then the sp is diluted 33%. Then it becomes an issue!

Yes Wobbles, and a lot of people believe Tesla went properly bankrupt but because of the reach of the climate change hysteria it was covered up. To have one of the Cinderellas of the movement go under would have been a huge blow to the cult. Instead we have the forced sale of ev cars to people who can't afford them and would never be able to afford battery replacement. Many serious people still think Tesla is actually insolvent now and there are worries about the car companies that are solely switching to ev production. The take up is very poor, there is a very significant infrastructure problem such that even if everybody switched tomorrow with a free car most people do not have a dedicated parking place to charge a vehicle. And then there is another critical problem to do with the wind not blowing and where is all this power to come from to charge all these cars everyday. Governments are having to guarantee forced purchases by banning fossil fuel cars in just a few years - a hang over policy form when we were in the EU. A lot of car manufacturers are going to go under in a few years time if this forced policy against market forces stays. One election away from a collapse of society unable to move around freely.

Let's be clear about this because some of you think that because I can see the red flag I assume it is a definite thing.

I will be delighted for the next statement, RNS or otherwise, to state that due to the timing of the opening of the US IAG has sufficient credit to draw down until xyz next year and therefore no further money needs to be raised from the city or asset sold. It will be great, fantastic, brilliant, amazing and worth a very quick buy as the city will also get the message. To date, there isn't a sniff of such a message.

On that basis, the only firm information to go on is what is known in the real world. Brokers suggesting RI is required, IAG saying no emergency issue required (indicates still credit to draw on for an unknown length of time) but they are exploring options to avoid a future RI (looking forward to Feb results perhaps??).

But to deny what is known now and pretend it has vanished into thin air could be a significant error. If you are invested but new to the game, go and read up about stops and orders and how to place them to fire automatically with your retail account. That would be sensible. I personally don't use them from experience and I have live prices and alerts through investing.com app and can trade anywhere as long as I have a minimum of a 2G phone signal.

I do hope further dilution is avoided. But I can not ignore 3, three, brokers making the same extraordinary call. To go public with such a suggestions is a very big deal, that sort of thing is not said lightly because it can trash a stock in minutes. It is a red flag for me until I hear clarification. At that point I will decide whether to buy in on the dilution or estimate a potential high side with the red flag removed and grab a margin.

Denying the red flag exists is really rather a dumb thing to do.

Bull, do you have the retraction or update form the brokers removing a reference for the need for an RI?

No you don't.

Do you have the details of the financial review?

No you don't.

Those issues are as live today as when they were first announced. No wonder so many people get completely caught out with announcements. If it ain't in the papers then you assume it's gone away. Short Sighted or what? As with the travel date for the US, it is all speculation right up to the point that the detail is known from the source it is supposed to come from. There is unlikely to be any RI for retail investors. And that points to why some many of you keep that focus. That way attention from possible dilution from other fund raising methods can be deflected. Keep people focused on the rainbow and ignore the storm cloud!

Delusion, delusion, delusion. Some people refuse point blank to acknowledge plain basic unequivocal hard truths. At this moment in time there is no update on the alternatives being considered to avoid a RI. There is no change, retracting, clarification or update from the broker notes. That is the actual reality of the real world. If that changes and the brokers say the RI requirement has now gone and the financial arrangements have no impact on shares issued, then fine and great. But trying to wish it or pretend group think will bring that about or burying a warning voice is going to change the real world is absolutely delusional. I have to say I haven't seen this level of mourning over a sp before. And there is clearly a significant embarrassment and loss of face on those ramped this to hell and back on the back of an opening date for the US only to get about a percent on two on the daily movement. Some of you need to ask yourselves what have you become to be making such nasty vile comments at a stranger just because that stranger points out truths you do not want to hear.

Until there are updates from the sources themselves, these facts in the real world are not changed.

"""We have revolving credit facilities, we are analysing other ways of financing the group so we have alternatives before we [consider] another rights issue,""

Credit Suisse
https://www.proactiveinvestors.co.uk/companies/news/960029/british-airways-owner-iag-target-price-cut-to-reflect-increasing-rights-issue-risk-says-credit-suisse-960029.html

HSBC
"Lobbenberg [head of European transport equity research at HSBC] added that the timing of any potential capital raise by IAG could be linked to an announcement on reopening the US border, which is now expected in December"
https://www.thisismoney.co.uk/money/markets/article-9980907/BA-owner-soon-raise-cash-shareholders.html

Goodbody
"Earlier this month, easyJet tapped investors for GBP1.2 billion in a fully underwritten rights issue ... Analysts at Goodbody and HSBC said they believed the British Airways parent would follow."
https://www.morningstar.co.uk/uk/news/AN_1632125541714351000/press-iag-will-not-tap-investors-for-recovery-funds---sunday-times.aspx

and they keep crawling out of the wood work to deliver their bile.....

and another one.....
dangerous? honestly, where do these people crawl from?

and one by one the arrive to sling their mud an insults. Almost no sp reaction to a mega ramp being paddled for months.

The loss of face is so extreme all they have is backlash and insults.

Loss of face, humiliated by the market, couldn't even manage 185. Nothing. I was correct to nor perform the great switcheroo.

Some of us know what we are doing. The share is nothing, it's all about the money.

There are some very disappointed people.

There are some very anxious people.

OK, outline the significant events that has resulted in the brokers releasing updates revising their opinions.

Its weird how key events drop of some people's radar purely because the earth spins around a few times. Show me the revision! The key factors YOU think of do not translate into revision notes or new statements.

As I have said, every time someone tries to deny it, I will post the truth and the evidence. Until there is formal news to the contrary, it stands!

"""We have revolving credit facilities, we are analysing other ways of financing the group so we have alternatives before we [consider] another rights issue,""

Credit Suisse
https://www.proactiveinvestors.co.uk/companies/news/960029/british-airways-owner-iag-target-price-cut-to-reflect-increasing-rights-issue-risk-says-credit-suisse-960029.html

HSBC
"Lobbenberg [head of European transport equity research at HSBC] added that the timing of any potential capital raise by IAG could be linked to an announcement on reopening the US border, which is now expected in December"
https://www.thisismoney.co.uk/money/markets/article-9980907/BA-owner-soon-raise-cash-shareholders.html

Goodbody
"Earlier this month, easyJet tapped investors for GBP1.2 billion in a fully underwritten rights issue ... Analysts at Goodbody and HSBC said they believed the British Airways parent would follow."
https://www.morningstar.co.uk/uk/news/AN_1632125541714351000/press-iag-will-not-tap-investors-for-recovery-funds---sunday-times.aspx

R8, I posted the information available at the time from the chief medical officer. Everything else is speculation until confirmed otherwise from the White House. WHat I posted was 100% correct at the time. It is a really lousy game to suddenly go into retrospective mode. That is scraping the bottom of the barrel.

But I expect a lot of nasty jibes and comments. The news barley impacted the sp and that has put a lot of egg on a lot of faces. Huge loss of face for a lot of you. So you're now just going to sling insults at other people. Pathetic.

"For all the talk of Rights issues etc - the owner publicly stated they won’t need one,"
It was the CEO, not the owner

Which part of this confirms your outright no RI assertion?
""""We have revolving credit facilities, we are analysing other ways of financing the group so we have alternatives before we [consider] another rights issue,""

So many people have tried to twist and turn and pretend and deny and wish it away. 3 Brokers came out and cited the need. The outright denials are the problem. You just shoot the messenger. How bold.

Well Easy J I think landed the RNS a few hours after Friday close. I expected the BIG event to be a muted affair, but this muted! The big switcheroo I have been planning and perpetually delaying since spring due to the circumstances would have amounted to about 0.5% at best if I had done it today. A fascinating story of expected real world events being bished bashed and boshed around until all the steam is knocked out middle of October.

Now for the sp during cop26. I am eager to know what the financing solution is. With the recovery underway for travel and the routes opening up quickly, the next month shake out of the industry could be brutal.

Who would hold an airline share over the next six weeks? SOme are going bust and you will lose everything when that happens.