The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Morning all
TP.
You're correct re liquidity. BUT don't over look debt. Debt has to be repaid. The terms of the 2 bill loan are very good, but what about the remaining debt? That would be my concern. However, I appreciate that they've been inventive in raising capital so they're here to stay, we knew that any way. But the debt pile is growing.
It's still a strong buy and hold for me, but I'm going to keep an eye on the debt repayments.
GLA
Interesting day
DaggerMal
https://www.cityam.com/british-airways-owner-iag-what-to-expect-from-fridays-earnings/
Just found this article. It outlines a few things to look for tomorrow. It gives a ying and yang look at IAG, so worth a read. Helps get our ducks in a row ready for tomorrow. Apologies if its already been shared
Dinner is calling.
Have a good un
Dagger
Don't try day trading until you've learnt the game. I know nothing yet, for me to attempt it. Short to medium swings - yes. Daytrading- no.
RobbyW is our resident day trader. Knows his onions. Hopefully he'll post on here soon. Good guy. Listen to him.
DaggerMal
Some of the stuff being written on here today. Just because there's red for the first time in a week.
For those people tangled in the RI last year, where we all had to take our medicine, today's red and possibly tomorrow's is nothing! I'm sure they can cope with a slight dip to mid 1.80s. This is nothing compared to last year, that wasn't nice, believe me.
A dip to 1.80s is beautiful compared to the RI!! Let's not get too carried away folks...
Enjoy your day
Dagger
You beat me to it Neil
The old 1.48 resistance again! One day it's got to be breached surely!!?
Dagger or Gagger- take your pick!
Ps My football team is nicknamed the Daggers, my name is Mal. There's no sinister association with my user name! Lol
But when I read it, it looks like I've got a fascination with sharp metal. I haven't!
Thanks for posting this morning Razor. It's certainly helped newbies like me.
I'm chilled but others may not be. I'm learning so much from you guys.
I may even top up tbh. I'm beginning to realise that a drop in price can be seen as an opportunity rather than something to be concerned about. As long as your fundamentals are ok, your belief in the company ok. Then its not something to worry about.
CEY will improve
Thanks for the wise words
Dagger
All depends on what you call a plunge?
Overall sentiment on cyclicals is buoyed. Are you saying a retrace? Can't see it. A slight dip due to sell off ahead of results day. Probably similar tomorrow early. But I can't see this dropping drastically now.
Stay safe stay well
DaggerMal
TP where you been?
Agree with everything.
I'm looking forward to the day tbh. It will all be out in the open, then we can make decisions for the medium and long term.
They'll be a dip, but it will recover over the day.
Anyway enough about IAG. The main thing I'm looking forward to on Friday is- to the sound of Eye of the Tiger .
WAM ( Mr 90p) v Big Blue ( Give me the name of your solicitor)
Can't wait!! Wonder if we could do it as pay per view?
Stay well stay safe everyone.
DaggerMal