Member Info for Deanmck7

The only issue with selling your rights while they are “worthless” as you put it, is that when you try and “rebuy” there won’t be many shares on the market.

Weather it’s unlucky or orchestrated we will never know. I do feel the government are to blame for the handling of this crisis and the way they’ve treated certain industries.

Just imagine if it was the house holding sector that had collapsed like travel, you think the tories would take this long to act? Never, that’s where all the dirty money and favours come from.

Sad state of affairs

Hahahahahahahahaha dfs, maybe best thing for you to do is actually go and sell couches for DFS, rather than investing, muppet!

Dfs, why do I know you’re lying, not even ‘think’ you’re lying. Waking away from an 18k loss when there is all sorts of testing, furlough extension, apd relieve, aviation plan in the autumn budget due from now to October?

That tells me you’re a stupid investor, you know once these areas hit the news the SP will go up, minimising your losses. That’s not even including a vaccine.

I’m sorry I don’t believe you.

Jen, smithy and just waiting on whatamess appearing as you are all the same account liking the posts to support your statement.

Lloyd’s and RBS are banks whatamess, big difference. Bank stocks work completely different from the real market, you know this.

Smithy if you actually think BJ (as much as I think he is a terrible leader) will put the full country in to lockdown again you’re off your head. It will be localised lockdowns as we are already experiencing and specific rules like pub closing times etc where there are mass gatherings.

BJ stated a full scale lockdown would be catastrophic for the economy and it couldn’t sustain it.

Stop scaring people in to selling their shares if you know this will recover. Tell them to sit tight instead of being a doomer. The world will continue and IAG are well positioned to recover, more so after all the restructuring that’s taken place.

All these stocks that are struggling at present will be the true winners come the end of this. Hospitality, travel, tourism and entertainment will all provide the best rewards, that’s the reason we invest in them.

Pain now rewards later.

Everyone that has suddenly came out of the woodwork on here giving it "i'll wait until it drops below the RI value" before I buy in.

*NEWSFLASH* there will be no more shares to be picked up at that time as majority of PIs will take their allocation and traders will be few and far between as they will be looking for longer holds for better returns, the rest will then go to the big boys.

You clearly have no idea on how RIs work. When the RI is concluded, the bottom will have hit, by that time share will be in demand, pushing the SP north (without news) as everyone wants a slice of the recovery pie, by that time you will be paying higher than the price is just now. Which will then be pushed up by government news on APD relieve, airport testing, furlough extension for aviation, hospitality and tourism and Trump (weather you call it "lies" or "good luck"), will announce some form of vaccine release in the US, followed by the reopening of Americas skies and these days will be a distant memory.

Remember, IAG will break even at the end of 2020. They have changed their business strategy, got rid of the dead wood and raised what they need to move forward as a much leaner group and will be back to pre-covid cash flow as the RI concludes.

People that are short sighted can't see the light at the end of the tunnel. Don't give up your shares to the vultures, you've held on this long, they will turn good and these idiots know that which is why they are all on here looking for an entry.

Any idea on jet2? Looks like a change back to the original trading name, wiped them off the index as dart group and struggling to get historic data on them. (I know their history) just a query if anyone seeing the same as me. I like to keep tabs on all airlines

“Enrolling 44,000 patients instead of 30,000. Will know the results by end of October and if all is well, FDA will approve and vaccine WILL be available and rolled out before end of 2020. “

https://www.cnbc.com/2020/09/13/coronavirus-pfizer-vaccine-could-be-given-to-americans-before-end-of-year-ceo-says.html

“Enrolling 44,000 patients instead of 30,000. Will know the results by end of October and if all is well, FDA will approve and vaccine WILL be available and rolled out before end of 2020. “

https://www.cnbc.com/2020/09/13/coronavirus-pfizer-vaccine-could-be-given-to-americans-before-end-of-year-ceo-says.html

“Enrolling 44,000 patients instead of 30,000. Will know the results by end of October and if all is well, FDA will approve and vaccine WILL be available and rolled out before end of 2020. “

https://www.cnbc.com/2020/09/13/coronavirus-pfizer-vaccine-could-be-given-to-americans-before-end-of-year-ceo-says.html

Paddy, completely understand your point. However, given the CDI rights aren't enabled in CREST until 17th September, I don't envisage the free fall your describing tomorrow.

After the subscription period ends, (start October) who knows where the price will be. Throughout that time supply and demand is also part of the day to day trading of the stock, therefore if full allocations are taken by existing SH then it might not take that bad a hit.

Plus, upon news, IE government assistance in relation to testing which I believe will be within the next 2 weeks, this will pick up as will every other share as confidence will begin to grow, therefore again, putting this SP in an almost impossible guesstimate.

Paddy, that's like asking me the lottery numbers for Saturday coming - I don't have a crystal ball. Nor does anyone on this board so the assumptions of sub 150 and sub 130 tomorrow are total guess work. Considering the RI was announced and the prospectus released, the SP stood pretty solid around the 195-205 range.

Why all of a sudden are you expecting sub 130/150 tomorrow? It'll open at 194 as per the end of close on Friday, give or take any early market movement at 7.45 tomorrow.

Portland,

The thing is with paddy boy, I remember him ramping the stock when he was invested. The minute he “bailed” out, he started slaughtering the stock.

Now he will “get back in at the right price” and states it’s a no brainer in 2/3 years this is a great investment - why did you bail the first time whilst taking a loss?

I’m not wanting to slate anyone as people do what they like with their own cash. However, just wish there was a genuine constructive conversation about IAG and aviation on this board, for people invested. That way it minimises the nonsense comments people make and keeps it a friendly board.

Some of these posts are actually pretty funny.

- You’ve got the guy continuously asking every second or third post, where will this be in 3 years yet claims the SP will never go above 300p now.
- sub 100p posts
- IAG going bust
- pandemic lasting to “2022”

Yet everyone of you said you will invest “if the price is right”. So many uneducated, so many lies.

Vaccine not far away, alongside government help in relation to airport testing.

Give us a break with the dross you lot are typing.

Portland, what do you make of this that hit the news yesterday?

https://www.rferl.org/a/russian-fund-says-mexico-to-get-32-million-russian-covid-19-vaccine-doses/30829213.html

Seems like Russia are pushing on with their distribution of the vaccine (most likely stolen/partly stolen from AZ during the hacking scandal).

Obviously I would prefer a UK/US vaccine to be announced to give the market a full lift, however interesting note from the British Medical Journal stating that the patients that were tested with the Russian vaccine "didn't suffer any serious adverse effects".

JWD, I don't see the logic in selling to avoid the RI, then re-buying on Monday. If you're wanting back in to IAG, you'd be as well buying in the RI for discounted purchases.

In terms of pre-covid levels, that all depends on the numbers and the vaccine. However, one thing to remember, IAG have confirmed that they WILL break even from the damage of covid by the end of this year.

In terms of a decent rise in the SP (£3/4) that may not be too far away given there is assistance from the government by actually providing a way of travelling safely (airport testing). Not to mention the US elections on their way, Trump will have that country full open for business as if nothing has happened, thus opening overseas travel, IAG's golden ticket.

Interesting to read Portland, sounding very positive (as I had hoped) for release of a vaccine in the near future. As you say though, when a US president (the biggest economy in the world) wants something to happen, 9/10 times they get their way as like the UK government (ie; Brexit)

Trump as a president is shocking, however, you can't fault his businessman credentials. He's literally got the markets moving back to pre-covid, if not bettering them in a short space of time. He has the bankers within his palm, the financial market within his palm and some top US scientific advisors within his palm, anything really is possible with him.

I actually have two pharma companies within my PF, one that has been waiting to submit information for FDA approval. It's been a long couple of years but we're almost there. Not been helped by COVID though as now all vaccines will take precedence with the FDA over cancer approvals. However, i'd rather the vaccine came first of course!

Totally agree with what you've said Portland.

I also agree on the vaccine next year. POSSIBLY and that's a big possibly this year as the US election is due and Trump is adamant he will have a vaccine by October (coincidentally) however, if he somehow manages to bring a reputable FDA approved vaccine to the market, i think you'll find a sharp increase in every airline and industry. Personally I dislike Trump, however, this is a guy that will do anything to save his skin, therefore the vaccine would have to be approved and available prior to the election therefore I have a big part of me thinking he may have something in the pipeline.

I don't invest on broker advice, EVER. However it's comforting to know all the big shareholders are taking their full allocations plus any extra that goes spare. This shows they have faith in the world returning to normal and IAG's forward thinking strategies. These guys are running multi billion dollar companies and investing money for guys like us, therefore are not stupid when it comes to money, especially when markets are shattered.

Portland,

The document landed at 3.00pm today. Majority of people will have read it and the SP didn’t make a song and dance.

I’m feeling rather optimistic about this rights issue and going forward. People know this stock is one of the best around, therefore rather than selling their stock, I think you’ll find people will take advantage of the RI, knowing full well the company is well poised to recover with a more robust business strategy.

Yes people will sell, especially traders but now that everything is out in the open I feel the worry is over in relation to a RI and the monkey is off it’s back. The elephant in the room has finally been addressed and the company can now move forward, meaning the SP doesn’t drag its backside along the carpet when other airlines are lifting 30/40p per day on good news.

Just my opinion of course. I’ll be taking advantage of my allocation 100%. One of my biggest holdings which means one of my biggest returns. Shares at a discount? Yes please.

Rumour has it that Cineworld will actually purchase Cineplex, but at a lower price than originally agreed, before it goes to court. Only if covid decides to move along and cinemas are back to capacity.