RE: IAG in today's Sunday Telegraph9 May 2021 09:59
The article states that SP was over 400p pre-pandemic, when it was actually 600p. Makes no account of the extra debt (which tbf will be partly offset by some great efficiencies). Recovery from the pandemic permitting, there’s still plenty of upside here over the next couple of years but there’s two things to note: reading the tipsters in newspapers isn’t research and patience, as always, is needed. Looks good for those of us who bought close to the bottom, but anyone buying in at this price needs to accept there could be a lot of ups and downs for a while. Not a share I’d want to to be trading in and out of either, as it really would be guesswork as to whether any rises will fallback, or any falls would be quickly regained.