Member Info for billybigwig

Ken re Italy more misery then tomorrow

Cheers tom

Tom my profit took a massive hit when glen dived wish I'd sold last year instead of holding on for the divi each time its dropped way more than tbe divi but this time its punished me early with this virus taking it down my strategy is quick in and out of shares day trading but I do that and glen drops ten points wiping any games and then some now add BP to that mess makes wonder why didnt call it a day 18 months ago when I was riding high

Survival of the less indebted ...Thousands of airline staff around the world are facing an uncertain future, as coronavirus continues to wreak havoc in the travel industry.

Airlines around the world continued a wave of cost cutting on Tuesday as the spread of Covid-19 provoked flight cancellations.

Norwegian Air (NAS.OL) announced it was laying off a “significant” number of staff and cutting 3,000 flights in response to falling demand.

British Airways (IAG.L) began offering its 45,000 staff unpaid leave in a bid to bring down costs, according to reports. BA declined to comment.

United Airlines and American Airlines junked 2020 forecasts and slashed costs in response to a slump in bookings.

Read more: British Airways, Ryanair, and Norwegian cancel flights to Italy

And the chief executive of Korea Air (003490.KS) warned the company could go bust if conditions persist.

“If the situation continues for a longer period, we may reach the threshold where we cannot guarantee the company's survival,” Woo Kee-hong wrote in a memo to staff seen by Reuters.

Airlines are facing huge costs from coronavirus, which has forced carriers to cancel flights and put travellers off booking trips abroad. The International Air Transport Association (IATA), an aviation industry trade group, last week estimated airlines could lose between $63bn (£50bn) and $113bn (£88bn) in revenues this year as a result of the coronavirus outbreak.

Things have got worse since that forecast was made, with Italy going into full lockdown on Monday evening. The emergency decree from Rome has forced airlines to cancel nearly a month’s worth of flights to the popular holiday destination.

“This is a critical time for the aviation industry, including us at Norwegian,” Norwegian chief executive Jacob Schram said in a statement on Tuesday. “We encourage the authorities to immediately implement measures to imminently reduce the financial burden on the airlines in order to protect crucial infrastructure and jobs.”

Tom.from what I've noticed over the last 18 months is you've done very well with your timing..your dilemma is you dont want to buy in then a crazy drop comes these are difficult times for trading that's for sure if your mid to long term investor then its happy days shop till you drop

hahahah so was china from Italy and USA

More than 1,200 people have been diagnosed with coronavirus in Spain as the virus continues to spread across the globe.

Spain is a hugely popular holiday destination year round, with nearly 19 million Brits having visited the country last year. However, some travellers might be reconsidering their travel plans as cases of Covid-19 continue to rise in the country

reaching distance!!! move closer man that beer needs you .. ;-))

billy re drop its a hard one to call the markets having dropped so much already we are sort of piggy in the middle if I was you billy id feck off out go have a beer maybe ..if in doubt do nowt enjoy your day billy ..I will billy thanks

The drops started after a big rise like that

Ken it's a start it's better than nowt ...now to more important business ken are you sat having a beer ?

Just checked it

Did Kaz announce a small dividend?

Ken its annoying chasing cash we already had over 12 months ago

Ken your not in glencore any more are you? You swapped out for kaz ? Yeah I've got a few quid ready but to be honest I didnt have the balls to buy anything.

Craig that's the trouble with working at home :-))

Ken how can any one know? Unless you have a physic connection as to what these markets are going to do and for the likes of me no I've not sold I dont regularly day trade like some of you guys I'm holding for the divi which is a good amount ...but has the virus gone away ya know the thing that dropped the markets in tbe first place allegedly

Ken any gains will be short lived

Ken re missed opportunity hold on Kenny lad the week ain't over yet let's see what freaky friday bring this is a bounce that's it theres no improvement in this virus ..yet .. is there?

Craig be careful with that Xhamster it can play havoc with your eye sight ...