Member Info for coolebenji

"EXANE BNP CUTS IAG TO 'NEUTRAL' (OUTPERFORM)"
..what is the target price?

sorry, l did see you posted the headline...

does anybody else have problems with this page "LSE IAG Chat" not refreshing..?

Hi Longterm,
That is big news:
The UK's travel list will be updated this week, with Boris Johnson today expected to announce a new two-tier system to replace the traffic light format, plus the scrapping of expensive PCR tests for the double jabbed and a significant reduction to the red list.

Yes, l saw Ed Miliband on news night, what a loon..

Jet Zero Council keeps up momentum with £3 million government funding for zero emission flight infrastructure as UK pioneers first-ever net zero carbon freighter flights

Transport Secretary Grant Shapps said:
"As the first major economy to commit to net zero by 2050, we’ve gone further than any country in the world to slash our aviation emissions – providing leadership, funding and the framework needed to lead the charge.

As we build back better from the pandemic, it is so important to see iconic companies like British Airways leading the way and sharing in our belief that decarbonising flight doesn’t just make environmental sense, but also great business sense too."

BA is held to lead the way by Grant Shapps
30th June 2021
"This follows on from news that members of the Jet Zero Council, British Airways (BA), this week carried out the world’s first net zero carbon freighter flights powered by a mix of sustainably sourced waste such as cooking oil. This is set to be the first of many flights with BA ordering 1.2 million litres of the fuel."

https://www.gov.uk/government/news/jet-zero-council-keeps-up-momentum-with-3-million-government-funding-for-zero-emission-flight-infrastructure-as-uk-pioneers-first-ever-net-zero-carbo

Zero emission flights set to land 2035,

maybe after COP26 such projects will be brought forward with government backing..
https://www.airbus.com/innovation/zero-emission/hydrogen/zeroe.html

l don't see an issue with aviation and climate change there has to be an alternative first..
change has to implement at the top and that is what we are beginning to see..

Price gets more bullish 145.35, yesterday's opening, it needs to break above 145.17, the day before's low...

If there are no lower lows made today it could be game over for the shorters...

lf there are no lower low is made today it could be game over for the shorters...

USA arriving...

Today Biden is:
"The President delivers remarks underscoring how the investments in his Bipartisan Infrastructure Deal and Build Back Better Agenda will help tackle the climate crisis, modernize our infrastructure, and strengthen our country’s resilience while creating good-paying, union jobs and advancing environmental justice"
National Renewable Energy Laboratory, Golden, CO

Biden is jumping on and off planes trying to build back better, modernize infrastructure and strengthen the country's resilience.. he is on Air Force One twice today, Long Beach Airport -> Denver Airport, then, Denver Airport -> Joint Base Andrews Washington..
..when Is he going to open up..?

Agreed Teddy, there is nothing wrong with debt on the balance sheet as long as it balances… raising money to pay debt sounds like a bad business practice..

..Personally I don’t understand why the share price has got to be at its most distressed level to offer a rights issue…
… I would be interested in knowing more about this..?

Europe is at pre-pandemic capacity with vaccine status rules, whereas the UK lags way behind with the PCR testing and the traffic light system.. that is all changing very soon…

Being oversold is a strong buy signal.. timing the bottom is more more about probability than a watching for a reversal because by the time you see it you have missed it.. not all bad though you can still get the meaty part of the trade with lower risk.!

..l don’t think that article takes into account changing sentiment and changing business conditions..!

Our rules have been our bubble, it is hard to see outside of that, now we are aligning vaccination status rules it makes it obvious this is the path to living with Covid..
..watching the US tennis at the weekend , the TV awards in the UK and the numerous other normalising events, sentiment can change quickly..
..vaccinated status rules will kick start business travel, an important market especially for IAG..

This is the French advice on travelling, there Europe:

“If you are vaccinated:
No restrictions apply to you upon leaving France. However, we strongly advise against travelling to countries on the red list.
N.B. Your destination country may impose its own obligations (test, quarantine, etc.)”

As per Daily Mail article:

“Whitehall officials are said to be developing a new system based on Covid vaccination status rather than the prevalence of the virus in other countries, The Telegraph reports.

A source told the paper: 'It's about whether you are vaccinated or not, rather than the country you are travelling to.”

Biden latest COVID headline:

“Joe Biden is running out of patience with the unvaccinated”

… a sentiment can change quite quickly, with the UK basing travel rules on vaccine status how long will it be until Biden follows suit, he is already losing patience and coming under increasing pressure..

https://foreignpolicy.com/2021/09/13/travel-bans-border-restrictions-biden-covid-pandemic/

https://www.bignewsnetwork.com/news/271130013/irish-ambassador-hits-out-at-damaging-us-travel-ban

"removal PCR of double vaccinated passengers ...in Europe ...European airports pretty muck back to pre-pandemic levels"

John Holland Kaye
Chief Executive Heathrow Airport
Sky News this morning

17th September, Friday, is the 3 week travel reveiw...
Sajid Javid speaking on Sky News:
"...the PCR test ...l want to get rid of that as soon as l possibly can ...the moment we can let's get rid ...we shouldn't be keeping anything like that in place for a second long than is absolutely necessary.."

https://news.sky.com/story/covid-19-sajid-javid-says-he-wants-to-ditch-pcr-tests-for-travellers-as-soon-as-i-possibly-can-12405782

Game on BB..
Chart view as per your list:

1. 159 to 162 ..no news either way but it looks like this will be just before PCR test announcement
2. 178 to 196 ..After travel announcement, a real shake up the system, no costly PCR tests..
3. 220 .. US opening up

Generally, a chartist would not make predictions.. but unwilling to be outsmarted by fundamental analysis
these are my predictions for the end of September..

JG68..l think it has now become a mom and pops investment…
Monday will see how the SP favours.. there will be value built into the SP now and good news to come either way..

..at this price there is now prior knowledge and foresight.. Sunday papers market can digest, no shock to the SP.. enough information you make fundamental analysis..
..tell me is it a good price at this price fundamentally with a promise of discounted shares in the future when the price is set to rise with US opening..?

good for the up… there is no reason price should not be pushing 220 before US opening.. because when the US opens price has good reason to be above 220…

…what do you think..?

nothing imminent.. over sold.. good for the upside l would guess..

City sources quoted, unsubstantiated, needs to be rebuffed..
“ City sources said a fundraising from investors would help..”
...sounds like a journo has made a story out of an opinion…

..wow