Couldn't agree more Smiffy. He's dug himself a deep hole with his extreme hubris and is now stuck at the bottom looking to get out and throw the blame elsewhere.
RE: Oil going down / IAG going up20 May 2026 16:48
Brace yourselves. All this based on Trump claiming oil is going to come down so much that you're not going to believe it, oh and Iran is begging for a deal
I think oil is now pretty much out of the picture now in affecting share price.
The supply hole looks to be filled by US oil. They've got more than enough production capacity and the straits will be left deadlocked. Oil looks to be moving between 95 - 115 as the new normal. Price shoved onto ticket prices.
Sundenza. On last Monday you were pointing to Lufthansa being up o Euro markets while ignoring the obvious that IAG were down 3%.
That 3% down was the opening position for Tuesday in London. Any small percentage difference to 3% on Tuesday morning would be due to currency fluctuations and nothing else. They are the same share.
Just to clarify. Iag is down 3% today on Madrid Market. That will be the opening in London tomorrow morning , - 3%. Totally regardless of what is going on with other European airlines.
Totally agree Khan. The ongoing disagreements on here are fundamentally two different investment strategies. Holding for the medium/long haul or selling and take your profit against seeing the daily drops as buying opportunities.
I stand with getting out and taking profit because airlines particularly are in direct line of fire with all the uncertainty regarding oil, what happens if some nutter splinter group (there are plenty) decides to take down a passenger jet. IMO buying dips with no bottom in sight is unwise.
I sold 85% of my IAG a month ago and sheltered elsewhere. I'm hoping that my 15% remaining will come good in 2027. Iag are worth 4.50 - 5.00 in a normal world but things are deteriorating as far as I can see.