Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Potential here.
- Lockdowns announces in several EU countries. Restaurants closed
- Further restrictions to hospitality highly likely acroos the EU and UK
- Potential for a hostile takeover bid by competitors
- Brokers value it above 8000
Things will have to get worse before they get better.
This new variant may spread a cause havoc, even if it does not it will take weeks for scientist and lawmakers to reach that conclusion. This timeline if unfortunate as cases and deaths will increase virtually everywhere after Christmas.
The USA could easily restrict travel to the UK/EU soon.
In the meantime take away stock listing(just eat, deliveroo,…) will benefit short term from increased restrictions and lockdowns. I will switch my investments to JET Takeaway and sell by the end of January/mid February and switch again to IAG/EZY at that time.
Unfortunately we have a transport secretary that is no way focused on getting travel re-started. To make matters worse we are expected to follow The Netherlands in their exponential rise in cases (500%). We are not seen by foreign countries as having a reliable and measured approach to fighting the pandemic. In my opinion travel will continue to suffer regulatory uncertainty for months to come. On the other hand take away companies (JET, Delivero, etc) will benefit from the fact that 30% of infections are thought to be taking place in the hospitality setting.
I have decided that I would rather make some money in the short term rather than waiting for this share to recover. On that basis I have now moved 70k into Just Eat (JET), it provides a much safer and clearer path to a significant profit in the coming weeks/months. This is my humble assessment and I hope that it helps some on here.
Tomorrow we should look out for the cash position (pure cash) at the end of June, any lower than €5b would be bad news. Total revenue at June 30th could be as low as €6.5b.
Without taking into the account the Amex deal, I would guess that there will be a loss for the six months to June 30th of €2.5b-€3.0b. Hopefully they will give us an indication of figures for July too. SP range tomorrow between 165-190.
It appears that BJ has ask for an urgent review on reducing the 2m social distancing requirement. Just on the speculation itself the sp should reach a new recent high. BJ is very likely to try and increase his popularity in the next few days, weeks. Once either the partial (outdoor space) or full opening of pubs is announced the sp will approach 100. All this is due to happen in 15-20 day window. This share has a potential profit margin of over 35% short term. Who doesn’t like a pint??
It is a publicity stunt WW already used this attention seeking measure back in 2001 at Aer Ligus https://www.standard.co.uk/news/aer-lingus-selling-art-collection-6347876.html
If they were desperate for cash then they would have saved £30m by putting the pilots on the Job Retention Scheme, but they have decided not to do this. The reality is that IAG will emerge as one of the strongest airline groups in the world with little competition, low oil prices and a heavily reduced cost base. This share will fly and 400p will be broken before June 29 as the end of quarantine is announced on that date. Buy now, this share is on sale ;-)
No 2 meter rule in Pubs
This is some very positive news, from the Telegraph:
“ Two-metre rule left out of draft Government guidance on reopening pubs and restaurants”
As the opening date approaches and on the back of this good news we should see the share price reach 85-90 in less than two weeks
The fundamentals have not changed. This share WILL recover to about 85% if pre-covid value. So we are looking for a target price of around 450. As we approach the lifting of the UK quarantine 380-400 will be back on the card in less than two weeks from now. The update on 31st of July should stabilise the sp around 400-420 for the next few months.
Any hints as to a short duration quarantine will make this share jump. IAG are planning to fly substantially in July and have the ability to do so at short notice. The forward looking statement at the end of July will be less apocalyptic as before. The virus seems to be weakening and we everyday we are closer to a medical solution so all in all IAG is in good shape to generate revenue soon . 270 before this Friday.
“ Just read the article. I’m shocked they will allow tourists from China but not the UK. Unreal”Chinese tourist will spend more per person and the chances of them importing Covid to Greece are a lot lower than UK citizens. The UK have shown a complete ineptitude in dealing with this crisis over 38000 deaths, second worst affected country in the world. Worse figures than Italy, Spain and China. So please don’t be offended if the Greek delay the arrival of finest of the British for once.
The proposed quarantine would have been factored in. The reality is that this is a well run company that will invariably continue to make huge profits in the near future. When you compare the share price vs Air France or Lufthansa it is evident that this share is undervalued.