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…meanwhile in the real world…
“…in two weeks that will open borders up for millions of vaccinated international visitors. “
https://amp.usatoday.com/amp/6173830001?__twitter_impression=true
..lots & green boxes.. this board has become a spiralling echo chamber of illusion and vanity…
https://www.fool.co.uk/2021/10/25/iag-loniag-tumbles-as-airport-fees-are-set-to-rise/
..l think they have actually hit the nail on the head..
@Retirement_Plan,
...alot of FAKE NEWS from BB, it is really disgraceful to monopolise and manipulate in this manner, it should not be allowed... there is a lot about online abuse being reported on the news these days and BB & Fugarzi fits this profile.. we all get caught up in it, but for me l will try and be a better person, filtering has helped...
Peel Hunt's concern is rising petrol costs as described in this link
...
IAG downgraded to Hold from Buy at Peel Hunt Peel Hunt analyst Alex Paterson downgraded IAG to Hold from Buy with a price target of 178 GBp, down from 215 GBp. The analyst says the company's yields are unlikely to rise quickly enough to offset fuel cost pressures.
Berenberg IAG downgraded to Hold from Buy at Berenberg 10/13/21
Barclays IAG price target lowered to 215 GBp from 230 GBp at Barclays 10/11/21 UBS IAG price target lowered to 245 GBp from 255 GBp at UBS
09/29/21 Deutsche Bank IAG upgraded to Buy from Hold at Deutsche Bank
Read more at:
https://thefly.com/n.php?id=3389927
is this the first sign of a normality...
Canada scraps COVID-19 advisory to avoid unnecessary foreign travel
https://www.reuters.com/world/americas/canada-scraps-covid-19-advisory-avoid-unnecessary-foreign-travel-2021-10-22/
@Antonette13
l am not sure Qatar Airways will, they own a 25% in IAG and have 2 members on the board when they agreed the first one...
..Nicholas Cadbury has experience in green bonds and l am wondering that is why he is now on board as this would be the other method to raise capital if need be with a long term green investment opportunity...
BP is still paying off deepwater horizon 10 years on, this has been a once in a lifetime event and l think so dept just needs to be managed in a positive way... also if BP can commit to being carbon neutral by 2050 or sooner then at some point this will blend into IAG's mission statement...
"If you're overseas right now, trying to complete a dreaded #passengerlocatorform in the knowledge that you can now pre order a cheaper lateral flow test - you won't be able to unless you can establish which private test providers have been authorised. The gov website is down."
there are reports of the lateral flow test government website has crashed due to high demand...
Booster dose of Pfizer vaccine offers near-total protection from Covid:
https://www.thetimes.co.uk/article/booster-covid-jab-offers-near-total-protection-pfizer-study-shows-8v566tjpx
IAG Borkers Views:
all recent targets are over 200p
https://www.sharecast.com/equity/International_Consolidated_Airlines_Group_SA_CDI/broker-views
The government’s new Day 2 lateral flow service is live
..as far as l can tell this is ahead of the news,
Grant Shapps has put out a tweet about it yet and it hasn't been reported wider yet...
The list of Day 2 lateral flow test providers can be found here....for those fully-jabbed
https://www.find-travel-test-provider.service.gov.uk/choose-your-test/fully-vaccinated
https://twitter.com/PPaulCharles/status/1451449318490189863
The government’s new Day 2 lateral flow service is live, with recommended providers by region. One is as low as £14.94. You can book from today for usage from Sunday
https://twitter.com/PPaulCharles/status/1451448703282262168
..more claims of ‘massive demand” to fly again…
https://www.reuters.com/business/aerospace-defense/qantas-bring-back-a380-earlier-than-planned-may-take-more-787s-2021-10-21/
This brokers report is more up to date, l didn’t see this at the time..
Saturday October 02 2021, 12.01am, The Times
The owner of British Airways flew to the top of the FTSE 100 leaderboard after Deutsche Bank told its clients to buy the stock. Analysts at the German bank saw the “near-term risks increasingly skewed by the upside” at International Consolidated Airlines Group and added that the stock’s price and the fact that the United States had set out plans to ease its entry requirements next month served as a “much better backdrop for the shares to kick on from here”.
https://www.thetimes.co.uk/article/travel-sector-takes-its-cue-from-iag-to-ascend-across-the-board-lx3b09htj
Intraday Chart:
https://pbs.twimg.com/media/FCOCD_wWYAQOdl2?format=jpg&name=4096x4096
20th Sept:
https://www.reuters.com/breakingviews/british-airways-crosses-recovery-fingers-tighter-2021-09-20/
"With 10 billion euros of liquidity, there’s also no immediate risk of a crunch. The big risk is that a sluggish recovery"
...indications are that there is high demand
7th May:
https://www.sharecast.com/news/news-and-announcements/iag-cautious-on-q2-capacity-after-euro1bn-first-quarter-loss--7914858.html
"€1bn first quarter loss"
no immediate problems if the first-quarter loss was 1bn and they have 10billion liquidity
4hour RSI for Bounce chart:
https://pbs.twimg.com/media/FCMF1EFXoAQWoDO?format=jpg&name=large
...
the fear will be the analysts were wrong
The 200ma on the 1min chart, l know it doesn't sound too auspicious, but it has done a good job of keeping this share in check...
now at 159.11
there was an opportunity if there was a need.. but it wasn't taken so only assume not needed..
with hindsight they would not have know the US was opening up so soon..
imo
or should l re phrase that,
..at the moment they seem to be able to bring the fleet back online and restaffed without going cap in hand to the city..!!