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so thats the reason, to deramp to a better entry, thought so, so the share is not bad after all eh...
Anyways I'm out, cba with your lame deramping attempts on a BB for a ftse 100 stock worth billions...get a life!
And the crazy assumptions and theories from the derampers...and to balance it out ignore the "SP will hit 350 on corridor announcement etc" too.
Merely look at the SP in regards to the ftse. If the ftse is in the red and so is this, fine, if ftse is blue and so is this, fine...however if ftse is blue and this is deep red, can assume underlying fundamental problems, basic barometer to assess against incase any folk sell up because of these derampers...
Personally I'm here (in and out) till next summer!
Bought in today at 40.9
Good entry point?
Spoon_key in all honesty you seem like a decent bloke BUT this is an IAG board its out of place and disrespectful to rest of us...
No one likes to hear politics at a party, similar principle, move it onto somewhere else...
Mess for someone so repungant of this share you seem to spend an awful lot of time on this board?
Cant seem to find you on the other gold stocks I've invested in such as poly, cey...
Just move on mate, your a fraud either looking for a cheap entry or shorting (not good idea, short % Is low)...
Mess your just stating the obvious mixed in with ridiculous theories...
We know we in for a long U shape recovery, we know mass unemployment is on the horizon once furlough ends, we know house prices will come down etc...we not oblivious to these factors...
This is why I say this share WILL NOT CORRECT UNTILL THE FTSE DOES!
However leave all the stupid sh*t out such as sub £1, travel corridors dont make a diff, 2nd wave starting off etc...
P.s Walsh said corridors are pointless in the sense he thinks travel should be free for all...obviously travel corridors are better than zero travel!
Mess you back?
Honestly looking at the rationale of your posts you seem like the sort of individual which worries about death everyday...
1) Travel corridors are not a joke, look at the booking numbers, some sites seeing highest traffic ever. Airlines bosses grateful for them, see it as a lifeline...
2) That weekly cash burn is an old figure based on next to zero activity obviously thats nowhere near the case anymore come July...
3) 2nd UK lockdown? Which country has imposed a 2nd lockdown atm, none to my knowledge. Local lockdowns yes, but you will have these sporadic outbreaks here and there, very much different to a 2nd wave...
@Bluelight I can see US reopening for travel within a few months tbh...
Its recent outbreaks have been in limited states on reopening which is normal and probably continue to happen...
On the other spectrum NY recorded its lowest ever daily death toll, 5...
They already discussing with Europe how to resume travel...give it a month or two pathway should be created...
China seem to have managed, Europe not doing too bad wont be long before US works it out too, there's no chance in hell Trump is going into election with Covid out of control whilst rest of world has it under control...
That people are posting any minute shread of information hoping share will go down or up...
Its abundantly clear this share is for the medium to long run and will have a series of ups and downs...but hopefully will come good...
BUT IT WILL NOT COME GOOD UNTILL THE FTSE DOES TOO!
Being honest not expecting no major moves on SP, broader market in correction. But alteat IAG now has the foundation to stay in line with the ftse I.e no nasty 10% drops when ftse only going down 1%...
Some much needed stability has been issued...will have to wait for US travel to see 300+ again IMO...
Airbridges opening is full factored in the SP and has been for a while. However what has not been accounted for is the huge demand which is now showing for holidays which wasn't expected tbh. Because of this surge in demand Itl be an interesting week, although the USA cases may keep the SP down, but once that's sorted and we get closer to creating travel with the US then the brakes are off!
But atleast for now the daily cash burn is significantly reduced due to decent demand being there...
@spoonkey very valid points which i agree with...
Nothing wrong with constructive criticism but that other mess of an idiot who is posting old articles and talking about sub £1 is just trolling, no time for that...
About the 2nd drop yes agree its coming if we not already experiencing it that is, sharp contraction from Jun 8th highs. Nonetheless if your average is closer to 200 than 300 you will likely see a nice profit in the short run before the 2nd drop and if not you will more than likely see a hefty profit sometime next year....IMO...
https://www.bbc.co.uk/news/business-53206148
Travel bookings explode! Huge pent up demand...
No doubt booking for holidays will rocket. Frankly speaking people are fed up with the whole situation and are somewhat selfish and naive in their attitude towards covid. You only have to look at the packed beaches, the mass protests etc to realise they really dont give a hoot about covid.
Watch bookings for hols rocket through!
In March/April: Covid was rising exponentially, mass graves were being dug, no end in sight, airlines complete standstill, unsure if was going to fly again for rest of year!
Now: Covid flattened, Pockets of resurges here and there but deaths at all time low, ICUs empty. Know how to control Covid. End in sight. Bulk of airlines looking to restart considerably in July...
Contrast the two scenarios and figure whether the safer buy was in march or now and how the SP rallied after March...this share is fine medium to long term. Just ignore the SP for now, that will not resolve untill the ftse does so too. However for the airline industry as a whole it can now see light at the end of the tunnel...
As usual all new posters popping up with overexaggerated doom and gloom looking for cheap entries...its abundantly clear if this touches march lows then so does the ftse...post 8th June was start of an overall correction...one day up, two days down...im comfortable with this share in the months to come...my average is decent enough...
Buffett was right, in the sense this is a long term hold! Hedgefunds don't sit on money doing nothing, they'd be sacked...
And ffs can we all drop this air bridge nonsense, its been well known for weeks, has been factored in...
Next peg up on this will come from corona cases decreasing in US and routes opening to US, this is now the unknown...
Or the ftse starting a bull rally most likely in 2021...