Member Info for coolebenji

l got a reply back from Kelvin Ong who wrote the IG article stating:

"Credit Suisse analysts believe IAG has about four more years of cash-burn coverage and thus should not need to raise equity this year."
...
I hope you are well.

I received a message from my colleague that you wanted to get in contact with me.

How can I help you?

Kind regards,
Kelvin
...
Hi Kelvin,

Thank you for replying.

l had a question about the IAG story you posted on the 15th September.

"Credit Suisse analysts believe IAG has about four more years of cash-burn coverage
and thus should not need to raise equity this year."

Other news implied Credit Suisse added a risk factor to reflect an increasing rights issue risk.

Your article was contrary to this and proved right with the IAG CEO commenting over the weekend in The Times.

l wanted to question what was the source of your information, was it in publication or through correspondence?

l am a retail investor, this issue caused a lot of adverse opinions on a trade chat forum where l offered your story as
evidence that a rights issue was not needed.

l hope you don't mind me asking you this question and l will respect any answer you give me.

Many Thanks
...

Rt Hon Grant Shapps MP
@grantshapps

NEW We will be accepting UAE vaccination certificates from 4th Oct following updates to their vaccination app "Flag of United Arab Emirates". As a major transport hub which is home to many British expats, this is great news for reopening international travel, boosting business & reuniting families

https://twitter.com/grantshapps/status/1440575803339653126

8 countries remove from the Red List today:

Turkey, ****stan, Egypt, Kenya, the Maldives, Bangladesh, Sri Lanka and Oman.

Australia plans to open its international border by Christmas at the latest,
unwinding one of the world’s strictest controls on overseas travel

https://www.bloomberg.com/news/articles/2021-09-22/australia-borders-to-be-open-by-christmas-tourism-minister-says

..the market still took the news very well..!

...FYI
the beginning of international flights 17 May was announced 22 Feb, a much longer period.. some 12 weeks..!

l must say although today the SP has been held back by the weekly 20MA, the daily 8EMA and 20MA cross over is a powerful indication of more upwards movement in time to come...
..l don't think it has been mentioned, maybe because of one big baby, but the downtrend was well and truly smashed at 156p..
now the share price is in a higher range it will be seeking support and resistance... different indicators will gain strength bringing in different types of players...
for long term sustainable investing the 200 MA is one of the most important indicators of general health which today stands at 178.79... price almost tested this level at 177.72... it will be a confirmed price crossover that is important here...

...there are many different players in the market, there are players that will risk buying the low, others that daytrade that reinforces momentum, as price increase, say over the Daily 200MA, then the players with higher risk tolerance will sell to those who are more risk-averse, those with a higher risk tolerance do not like hold a position too long, those with lower risk tolerance would like to see certain strengths and are able to invest more time in their position...

l hope technical analysis can now be accepted as 360 research... x

...quite honestly @Fairy you have been here for 2 minutes
...oh l should tell you the pain the BB causes, he literally goes into full attack mode if l post a chart or have any technical point of view.. l started counting the departures from LHR which proved a day-on-day uptrend in traffic, listening to him it sounded like no planes were flying, how he cried, complained bitterly and resulted in bullying to control the narrative... there is no other way around it... he is biased, he is not invested and demands attention to control the narrative...

that is not 360 research that is one-sided view.. biased

..don't worry about me, just exposing the fakers...
quite honestly he controls the narrative here and if it skewed then yes we do have a problem...

..the goose hasn't laid any eggs at the moment,

more long haul flights start tomorrow including Turkey, then America comes online...
..any insight you have to offer BB comes from before yesterday's news...
therefore any opinion that you have is proved to be biased and misleading...
70% of retail investor accounts lose money, l do have to wonder what you are doing here..?

STOP TWISTING
" You do not mention to the city you are in talks with the banks"
..wasn't this to end speculation... der

"talking through 'different options' with banks as it plans through worst-case scenarios for Covid"
..wasn't this before Biden decide to relax travel news, an unknown factor, wasn't it wise and prudent to do so..

l Sick of you BB..
it is like being a Nanny to a Big-Baby, you don't deserve the attention and you don't deserve my time... you are a total waste of space, l did have you pegged as being far clever than you are...
..l have no idea why you are here but it is pretty clear it comes down to an unfulfilled egotistical need that will never be satisfied...

when furlough ends, does that mean there are no wages to pay for a month..!

"clarity from the company on the strategy for booting up the Transatlantic market"

..is this another RNS that you require BB..?
does IAG have to issue clarity for booting up..?

..if l have to re-tool, re-boot, re-lease, re-hire, re-whatever l would get terms from my suppliers...
..let them run the business, they know what they are doing, you don't..!!

sorry BB, like you say save your ink, l kinda switch off...

"Anyway, it appears the pile in has reached the top of roller coaster more or less. Hold on tight, this might be a 'Smiler'!"

... that's BB, your advise has been invaluable far, l take it from here...

..first test on the weekly 20MA, looking at the weekly chart any pullback here will we quite normal and healthy..
GL all, this is not a day trade for most of us here...
:)

hands up.. sorry BB l wasn't paying attention at the back of the class about the switcharoo thing, l just expected to see results..! ..who knows you might surprise us all and l welcome that..

...
but you have missed 30% rise in 4 day of this stock..!

hands up.. sorry BB l wasn't paying attention at the back of the class about the switcharoo thing, l just expected to see results..! ..who knows you might surprise us all and l welcome that..

okay, l get it now, you seek dividends... that accounts for being risk-averse...

..this switcharoo thing, how can it be done when you are all in on the same sector invested in the weaker player..?

..sitting through the low and back up again, l did expect to BB would capitalise and be triumphant...
l was so wrong about that...