Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
Lol it didn't finish blue today it finished -1.43%
On a serious though my average is 260, I'm not worried, wel see 300+ again soon enough...
July is a big one, lot of airlines gearing up for service, will see how they get on...
https://www.bbc.co.uk/news/business-53177282
No doubt 350+ will be seen at some point between now and Sep. Europe travel corridors good 1st step, Australia next and finally the most lucrative for IAG the US...they need to sort their sh*t out though...
@smartimvestment
Us sec of sate pompeo has just stated we are talking with EU states about travel and should reach a conclusion in weeks.
Too many people expecting this share to double or post 50%+ in days/weeks not going to happen although good gains still to be had..
I see 300 as a minimum end of July...
Usual hysteria seen it all before, latest being in March gone, see how markets bounced back? Dips like this are expected nothing goes up in straight lines...if it falls below 150 /march low id be worried other than that just a case of higher highs and higher lows...not to mention travel corridors being discussed even with US...will be back over 300-350 in a month or two...
https://www.reuters.com/article/us-health-coronavirus-eu-travel-usa/pompeo-says-u-s-working-with-europe-on-how-to-reopen-travel-safely-idUSKBN23V29T
Tbh the only people worried about this share are the traders...we all know in the short term this will be up and down like a yoyo...even a sniff off 2nd corona and this will drop the most...however im not worried in the medium to long term some nice gains to be had...buy at these low prices, leave your screens and come back 6month+ for 30%+...
SP just following markets...but towards end of week government should issue more clarity in regards to air bridges, should help SP tick up...i hold.
And as for Duster, ignore him, well known a paid gloomster or someone looking for a cheap entry!
https://www.bbc.co.uk/news/business-53010085
Not buying back in untill advice on non essential travel changes...
Market is always forward looking, obviously air bridges have been factored In however on opening will get a little boost but nothing to take to 350+ from these levels.
Best to let drop below 250 now and buy back in but don't expect a quick bounce this time, reality is creeping in...
The feds statement which is merely a prediction from yesterday caused this, the actual data for q2 not even released yet...
Wouldnt be surprised if touched march lows again tbh...
@HU11, if your investing i still maintain this is a strong buy...i trade/swing trade, no doubt this will get to 400 over coming months...
Only issue is we in opposite trend now alongside ftse, clear as day head and shoulders pattern was formed, start of correction.
Why would I hold a falling share? Gov are not going to mention anything on air bridges this week, logical to sell let it fall further and buy back in! Expect few red days on the bounce...
If your investing, leave your screens and come back in 6months!