Member Info for Deanmck7

I just don't get why investors who buy in for the long term (say they got in at £2.00) expecting to hit £4/£5 within a year or two then pull out like 4 weeks later as they see the share price drop 40p in the morning due to the traders.

Surely you know that holding your shares is going to be more financially beneficial at the £2 buy in rather than pulling out and taking your returns then re buying at £3 for it to eventually hit the £4/£5 milestone as you had hoped for (which may I add, imo £4.50 is a reality target when quarantine is lifted)

Trading always brings volatility for the long term holders but having the investors then suddenly change their minds only affects the share price even more..

Baffles me! Still holding from the 1.75 buy in with 20k and wouldn't budge on it if it hits the £3 again today. I didn't even flinch when it hit the £2.89 as I know when this quarantine is lifted these prices are a bargain but taking longer to get there when investors get emotionally affected by a drop.

sighhh

DIrective; Whilst I agree the publicity is not something you want on the media of challenging the government and sacking 12,000 people as it doesn't post you in a good stead. However, if we have learned anything over the last few years then it is peer pressure from large groups and influential groups that have the ability to make change.

IAG, EasyJet & RyanAir are three of the biggest airlines in the UK. To have the three of them come after the government at one time whilst getting their own headlines in the media for doing so changes peoples minds. The public for one are becoming increasingly frustrated with decisions the government are making, therefore, to be denied a 'safe' holiday (as airlines and airports are putting procedures in place to protect customers) by a government that's already falling out of favour with the public has the power to change their stance.

As I said previously, this is only a box taking exercise to say they've done all they can to prevent the spread. If it peaks further down the line then we already know the public have been setup to take that blame. I also do think its the UK government posturing towards the EU over Brexit - preventing business and day to day running of economies from EU countries from taking place and showing them 'they're in control'.

Give it two weeks, if that, and this rule will be gone, as stated by these 3 airlines they want to resume a good % of flights in July, therefore just in time for this restriction to be lifted.

Just my opinion though..

Just catching up on the chat. I have looked at 'Lookers' previously and can see the value in the SP. However, went against buying in months ago due to issues internally. They are even talking of collapse!

Only last week were they in crunch talks with the banks and are now suspending their shares due to the fraudulent investigation within the company thus in turn not producing their results.

It's a 50/50 risk imo, you get in now, there's money to be made if they weather the storm. However, with all that's been going on and more importantly the public perception of a possible 'fraudulent' company, I'd be reluctant to buy as that alone is enough to drive business down regardless of a restructure and cost cutting exercise!

Personally I don't think the quarantine will last and nor do I think it'll affect the share price as flights are going to be more prominent in July as previously suggested by BA. You'll get two weeks if your lucky which takes you towards the end of June.

Boris and co want the country reopened back up fully and as quickly as possible. Sectors are being rushed back whilst covid numbers are increasing. Therefore this will just be a box ticking exercise as was everything else.

Gone are the days of getting in at £2 imo

TakingMyTime; we are all entitled to an opinion, however, what makes mines nonsense and yours correct?

The whole reason the country is in a mess as businesses sector has been punching above it's weight for years. House prices at record highs, construction at record highs, petrol prices record highs, share prices record highs. However if you measure the GDP against the minimum wage and ask a simple question, when the recession hits (usually every 10-13 years) will the country be able to sustain the standard of living it has been the past 3/4 years whilst the majority of the population have been overspending to try and meet the overinflated prices of live.

The short answer is no.

The government is to blame for all of this. Whilst I do not agree with capping sectors and markets as everyone has an entitlement to make money inclusive of businesses, you can't have an unlimited financial business sector whilst having a capped public financial purse.

You have to earn money to make money as the old saying goes. Same applies to the country and how its run.

https://www.ft.com/content/c2697cb3-4ab9-44bf-8f92-82e4d6b1150c

Worth a read, looks like IAG will continue its surge based on this news and the action on the market across the water.

Sibloggs totally agree, lets be brutally honest though. The government can prevent the damage to the economy and businesses by keeping the furlough going. My last analysis, it was costing the taxpayer circa 14 billion per month. Given that it struck in mid march, we are talking its cost to the taxpayer to be roughly 45 billion. In fact lets round it up to say 50 billion.

Given the renewal of trident costs circa 205 billion and the amount of offshore tax avoidance that's lost is circa 50 billion.

Stop these two for a year or so and the country will be fine. However, its the government intention to create the deep divide again (not wanting to get political but you get my drift)

Portland, agree with your point, however the damage is done with the media on the 12,000 employees and would be a waste of time giving the government it back as it wouldn't get the reverse appreciation it deserves from government and the media and as I said, the public have already been fed the negatives of BA (without going in to detail that it only equates to two days worth)

Whats your thoughts on the redundancies guys? A lot of pressure seeming to come from government ministers now about axing the 12,000 job cuts if BA continue taking the furlough money?

I do envisage a lot of shareholders within government so hopefully this dies down. I mean Jermey Hunt has been pushing and finally got horse racing back up and running (nothing to do with all those donations he got from the industry owners!!)

Never really chat on these boards but never in doubt of the recovery from this morning, however, just gutted i'm maxed out on funds above the 200p fall this morning, however, still in profit!

I don't think it will be long until an agreement is made in relation to rules when flying recommences. To be honest, I flew back to 'chaos' at the shops, however, never noticed one single bit of chaos at the hotel, airport, the flight etc! For a pandemic, all was pretty well organised and controlled both in Mexico and in the UK, therefore have full confidence of a speedy return when we get the go ahead to do so.

The panic is being created by the media and governments. If they could take a leaf out of the aviation industry whilst a pandemic is going on I feel we would tackle it better and quicker.

Also secured their loans which has caused the spike in SP. However IAG already had these loans in place prior to the virus.

I flew back from Mexico on 18th March with British Airways and they were using air purifier on our return journey. Think we will see more of this when we take to the skies again which gives comfort to passengers.

Guys,

Been watching the floods of buys coming in after hours, especially the 100-300k buys which gives us hope. However, the one that stood out was an £8m sell. Clearly someone at the top knows more than they are letting on with IAG and its current path!

Whats your thoughts?