The dozey home sec screwed up not placing people in quarantine when outbreak first happened and now to save face considering the damage that has been done they now deciding to initiate a quarantine, how stupid!
Even then they release how detrimental and useless this proposed quarantine will now be at this stage...so to avoid having to face embarrassment of backtracking they trying to create air bridges. In other words quarantine will only be on paper so the home sec can have her ego intact...although everyone know she fu**ed up!
If it can break the next resistance at 264.7p...this will fly, to where is anyones guess...I prefer a steady climb to 300 tbh...then the announcement of air bridges to catapult this...
If cant break 264.7p...expect it to hover between there and 250.
And Duster move on it's getting embarrassing mate...
@dusterinmong realistically speaking no one is expecting air bridges to be operational before Jun 8th you idiot!
But we are expecting some sort of agreement to be finalised this or next week about air bridges becoming operational...
That alone will push this to 300 levels...
Trend is your friend mate.. stop fighting it and we all know which way this is heading!
Good night!
Rumours increasingly prevalent and strong air bridges to be announced soon before Jun 8th...can see this topping 300+ in coming weeks...
More good news...easyjet officially of ftse 100 list...will lead some fund managers to sell easy as they only invest in ftse100 and move into IAG instead...furthermore IAG increasingly removing seats from passenger aircraft to increase cargo capacity to help improve revenues...exciting times!
And dusterinmong move on mate will ya...with the rest of the shorters who previously got burned...
Going of technicals...higher highs and higher lows...clearly in uptrend.
Expect this to climb to 400+ come late July as aviation industry gearing to take off in coming weeks.
Remember whether aeroplanes are fully filled or not doesnt matter as Meggitt is paid for the necessary maintenance work.
Throw in the added bonus too of having one third of income coming from defence to mitigate risk.
Excited...should be a nice watch now...
Higher highs and higher lows...EASY EASY 300+ on flight resumption, most likely in July...
Although wouldnt be surprised to hear air bridges have been agreed on any given night now...such rumours circulating...
@whatamess,
You've been sat on this chat day and night drooling your drivel for weeks on end. And you're telling me you're entering a short now...give me a break! More like you closed your short and helped pick the SP up!
Will not be long at all before 250+, world is reopening, very likely covid will disappear by itself over the hot months...maybe a return in winter tho?
More and more trades reopening, schools set to open from June, high level sports back from June...read between the lines...have to be in it to enjoy the rise on resumption of flights!
P.s whatamess, stop blabbing if not factual, your making your self actually look like a drunken mess.
@johnewing atleast learn how to deramp...any drivel you fabricating to be announced over the weekend...markets are now closed doesnt make an iota of diff...mind you not that it does whilst markets are open...this is not aim!
Can only kick on from here...the world is reopening...very much doubt the west will stay shut whilst China powers on...no chance...
Worst of the damage has been done...it will not go below 180p unless 2nd outbreak...but that would threaten whole western civilisation as we know it...
Already positive signs from turkish airlines and klm. Along with airports testing ways to resume activity I.e temp scanning etc...
Been in these situations before as ever you look back and think why did I not buy more...
Since buffets sell off already a 1600%+ surge in etfs for us airline stocks...
Realistically speaking 350+ by years end...easy money...
Not selling regardless of any ludacris nonsense of stock seeing 80p...lowest this is going to go if it does is 180p, most likely will bounce will bounce between 180-220 untill July...
Then 300+ onto 350+ by years end...
Cant see this share going any lower than the current 52week low at worst...
Aviation is slowly resuming with turkish airlines now announcing will resume limited destinations next month and plan resumption of full destinations by September...as whole world now exiting or planning to exit lockdown...
Imo double up from here by years end...
Carriers such as KLM now resuming flights albeit limited to in and around Europe nonetheless progress early as May...other carriers will follow come June, July...there is a lot of pent up demand...
Media have a habit to over dramatise it's their job...expect this to fly as world comes out of lockdown...in holding till initial spike to 300-350 levels...then will sell as anything more will be long longterm...