Member Info for Bluelight

It's not a case of if they will need more money but when. Even though some flights are flying, it will be a tiny fraction of normal so cash burn will remain. With second waves flaring up all over the world, how long before the UK gets another smash from it and goes into more widespread lockdown? The majority of people in the UK are sensible, but a large amount aren't, and its those people who will spread it to everyone else again (80% of something of people with it show no symptoms, lets just let them go to the pub, restaurant, and go on holiday, smart move that). In my view they shouldn't have opened up so soon, it will just extend the problem much longer. All in all, whilst IAG is probably a good long term buy, expect fund raising and continued near term price weakness.

If anyone ever trades based on any motley fool recommendation then they are themselves a fool, and will inevitably lose their money. Gutter trash.

278 would be the bid on a wide spread with an offer at 295. Its meaningless really. It will open at the french price tomorrow, fx adjusted

Not with HSBC. I've got screwed by them multiple times in the past so dont put bids on with them anymore. I'll wait until the spread tightens before adding

Tempted to add more myself, but not paying a 15p spread to do it. They keep these bid offers wide to deter trading I'm sure.

The 52 week high is the next decent target. Anything above that is sales and jv/takeover dependant, but I couldn't put a target on it, very fluid.

Speak for yourself. I'd love a pre close rns with bumper sales, and new joint ventures that whack the price up 500%. But I'm not greedy, I'll settle for 300%.

My best friends mum caught it in her care home. My friend told them over and over again not to allow visitors but they ignored him, then everyone in the home caught it. Thankfully she pulled through it, but not everyone did. Shameful handling of it.

I wouldn't get too excited about any official air bridge release. As you show in your post, it's already known. I'm sure we'll get the euphoria like we had over the weekend, where all the air bridge news was bound to whack the price up to 260, 300, 350.... The reality is that being so close to a nice round target like 200 means we will inevitably hit it. Also be aware that the article regarding banks acting to assess raising capital for IAG within the next 2 weeks, would suggest that news is due by the end of the week / early next. That is if you put faith in that story of course, but naming specific banks makes me believe it has some element of validity.

What happens when the stories start to pop up, I went on holiday and Easyjet/BA gave me coronavirus... You know it'll happen, every muppet and his dog will assume the holiday made them sick. That's the next negative point. Will be endless negative headlines in the press as soon as people start travelling.

Personally I wont be going abroad. I usually spend most of the year abroad, but this year I have no interest. Why take a risk with your families lives for the sake of sitting in a hotel room in a foreign country, or worrying if the waiter has observed hygiene protocols.

Long term trades are short term trades gone wrong and all that...

You can extrapolate how much the corridors help if you have the time or inclination. Work out percentage of flights now versus before the virus, factor in the corridors are for routes that aren't very profitable in comparison with long distance. That gives you income. Fixed costs will be roughly the same. basically you still have high costs, and minimal income despite noise of 'our websites cant handle the pent up demand nonsense in the press'. Cash burn will still be atrocious. I'm not advocating selling as it is a good long term price, but short term it is no bargain price level either.

That would work in places like europe where countries can bar each other entry to cordon off infected areas. The US however has no internal borders. So whilst NY has it under control now, how long before other states bring it back to them by people going to New York? It's unfeasible to expect a 2 speed US, without having stringent internal checks within the US population flows. Americans however will never accept that due to their 'constitutional rights', and it would also be a killer blow for trumps re-election campaign, so it will never happen.

No chance Bricks. They now have more cases a day then they did at the height, its just more widespread. A vast proportion of americans are idiots who will simply ignore all distancing advice, so it will continue to spread there. It's not helped by '#Itsjustacold trump'. Lets say somehow they do persuade the world to come and visit again (and I seriously doubt the highest contagion nation will make europe's safe list), who in the right mind would want to visit there unless its absolutely necessary? Your chance of catching it there is higher than anywhere else on the planet.

350 be end of July is dream land. Not a chance in hell US will reopen before next year. 3m cases and climbing doesn't disappear anytime soon. It's getting worse over there, not better.

I find when people are so optimistic a price will go up or down on a monday they are often in for a bad surprise. More often than not you get an initial move in that direction as the optimists dive in, then a sell off causes the usual what the hell is going on brigade, which in turn rtanks the price, and vice versa.

Paddy, once news is in the public domain it is priced in. Now if its priced in correctly is a different question, but known news being released rarely causes sustained rises. Maybe see a temp upmove, but overall market and us infections will drive the price properly

Difficult to know if it will go up or down in monday. As people say, it was well known the corridors would open and be released for 4th July. So theres a strong case its priced in. The question is more, whether this relaxation will stop the industry losing massive amounts, or whether it's just a drop in the ocean. Doesnt really matter if you lose 100m a week, or 90m a week, it's still not great. Monday will be interesting to see.

Not a chance us people will be allowed to fly to the us with 2.5m confirmed cases there and rising. At best end of the year but realistically unlikely before 2021.