RE: Thursday >> We closed at $15.6451 Mar 2024 19:29
Betterlife.
I have 221,623 IAG shares, to be exact.
There is no point in selling them, it's going to be like CCL.
It will bounce up/down/up/down and then, all of a sudden it will ping.
Yes, you could maybe trade, and maybe made 10/15p ish through the trades, and then you would potentially miss out on a 30p rise and not be able to get back in.
If you have a chunk of shares, honestly, I would leave them alone, ignore, they are hugely undervalued, £3.5bn Profit, but they are worth £7.25bn Market Cap. That's a 2/1 P/E
They should be trading at least a 5/1 P/E in real terms now
Debts coming down, routes are being expanded, they have Europa hanging over them at the moment, but that will clear as well.
5/1 should put them at $17.5bn, or £3.57.
So basically they are being held back due to all the noise, Europa, Concerns on plane deliveries, Middle East, etc. etc.
That is my opinion, hence, not selling......... I'm not adding either as I've waited for a while already.!