Member Info for Delapsusresurgam

For me, the pullback in SP has been a great opportunity to get more IAG shares into my ISA account. Sometimes PIs panic when they see the SP falling, but the fundamentals here are not those of a failing company. On the contrary, this is an airline making fantastic profits and rapidly paying off its debt which has been the main thing holding back the SP.

Noticed a few times where IAG drops by several pence and then very quickly recovers and continues its upward march. That's what I'm expecting (hoping !) will happen here.

Give it up. It's just like listening to two children arguing in the playground.

Without better communications from this company, no one will want to invest in it. Nor should they.

146.15 ........ exactly the same as it it right now ...... with lots of 'up' and 'downs' inbetween now and month end.

Investec reinitiates Mitie with 'buy' - price target 155 pence

...... that's a big upside to the current SP. Hopefully the next trading report will confirm their optimism.

Now that the worry of arbitration is firmly in the rear view mirror I'll be more than happy to take advantage and buy more shares if the SP falls back to around 23p which I thought it would possibly do after the initial jump in price.

Like the rest of us, Goethe doesn't yet know which way the arbitration will go and so it makes absolute sense for him to hedge his shareholding by buying bonds at this time. Tullow isn't going bust and he knows that, but he also knows that if the arbitration goes against TLW then the SP will fall away ; to what extent, only the future can reveal. I'm happy to hold for the foreseeable.

Maybe Rahul allowed tentative discussions with Kosmos to go a little too far and the bigger shareholders decided he'd overstepped the mark ???.

Unclemal, yeah I agree, it is a rubbish share, but it was a rubbish share a few days ago and the SP then was 26p .... and nothing has changed in terms of its debt since then !.

There's no reason whatsoever for a 10% fall in SP today, but at least it's given me a chance to lower my average ... thank you Mr. Market . No just sit back and watch this train crash until more settled times when the SP will move much higher than this.

What would be great for the share price at the moment, would be for Pictet to reduce their short position .... that would tell a story !.

The fall in SP does seem excessive however and I think we’ll end the day above 1.09.

The drop is down mainly because of the outlook for them incurring the extra employee costs due to the Labour budget. They see this being a £25m + hit.

Adam Vettese, analyst at eToro:

'Mitie Group seems to have cleaned up in terms of delivering their targets for 2024, with record revenues as well as operating profit up 30% on last year. With contract values going into next year running over £2bn higher than last year, investors could see scope for the strong performance to continue with shares up 20% already in 2024.

'The facilities management firm's business understandably took a huge hit during the pandemic. We are now seeing a shift in return to the office and remote working less prevalent than it was, helping to boost demand for Mitie Group.

'It is worth a cautionary note on the loss of a couple of key contracts, however, if the pipeline is as strong as is indicated then this could be easily offset. Investors will now be looking for shares to reach that pre-pandemic price around 18% away and beyond.'

Final Results confirm how well Mitie are doing and are accompanied by a significant increase in divi, but the SP falls (if only a little) even on an 'Up' day for the stock market. There seems no logic in the way shares behave on the London Stock Market. Ah well, if the SP doesn't rise with results like those announced today then I'm sure cash rich hedge funds and others will be looking at Mitie very carefully and considering a takeover approach given that Mitie have completed a turnaround and are back in robust health.

" No way can the BOD be so naive and stupid".

Let me have a think about that !.

If there's any underlying positive news re. Kenya we'll very soon know because those shorts will very quickly reduce !!!.

SP now working its way back up again ; nothing of any great significance in the sell, in my opinion.

Held