Member Info for fordm

Oil, so you bought at 180, expecting that after two years, things should be looking up. The assumption would be correct, if...
But 'if', was Russia's special operation.
'If', was government's QT due to their massive FU during the lockdowns.
'If' is also the UK crappy government, lack of skilled labour in teh market place and defiantly refusing to allow skilled migrant labour into the market, even on temp work visas.

Now, I bought IAG in 2020, only about 20k shares, in July 2021 they tanked and taking a lot of profit and dropped me negative, along with other travel stocks.
In Nov 21 Omicron appeared, again tanking the stock.
I decided to keep buying until my current average of 117. A lot more than 20k shares now I can tell you. But for me to be in this position I had to buy and buy. I plan on holding, as I lost on THG and a few others, not a lot in real terms, but enough.
I dumped THG when I realised that was never coming back.

You have to decide whether you plan to hang on, or dump now and move on. only you can know how much of a hit you will take, but, once you do that, you will sleep better, poorer, but better.

Oil, just filter scotty, stop giving people like that oxygen. They end up taking more mind space than they should. People like that hate being ignored, just ignore his/her existence. Not as if what they have to say will impact the sp in any way.
In my past life I had C.O's that like to hear the sound of their own voice too, until it gets hot, then they disappear.

I see we will be circling the drain for a few more weeks before it goes up or sinks...

Jtan, I agree, they cannot afford to lock down society otherwise, financially speaking that would be the end of our civilisation as it is currently standing. However, they can and have said as much about imposing travel restrictions on unvaccinated, just last week at the G20, those neo-nazis said they will implement the NEW World order, no, I meant World Health Organisation's plan...

I'm sorry, but a dividend of €0.0116 per share is hardly retirement fund money unless you own 2 million shares...
Even then that is only £20k per year!!

EC, good post.
Too many fragile egos in the mix.
Short man syndromes, Putin, zelensky, Lindsey Graham (oh, yes, he's been pushing for war for almost a decade now, all while hitching up his frock and clutching his pearls), to name but a few. Of course we now have another short man joining the ranks, Sunak, promising millions while people back home have food and heat poverty.

This may bode well for IAG and other travel stocks.

Macron has encouraged zelensky to consider peace talks with Russia, Russia has already stated they are open to talks but said zelensky has refused. That is why they targeted the Ukrainian grid.
General Milley of the US has urged Ukraine to negotiate with Russia while they have the upper hand and said he would not be prepared to pput his soldiers on the ground in a war that can have a negotiated peaceful ending. Basically telling Blinkin and zelensky to suck an egg if they think any US soldiers are going to die for a 'money making cause' (read: money laundering)...
Finally, someone with sense has been found.

Oil, so whilst I understand your frustration, many on here are equally frustrated.
What you propose we, as holders, do about it?
Do you have a plan that you care to share with us?
I would gladly endorse anything you can do to increase this share price, heck, I will even join in.

I will say stick it out as the sp will rise, 'cos I cannot promise that.
Speaking from my own perspective I see it rising, but slowly. If I cannot wait then I will sell and move on and call it a day.

Oil,
from a barrel of crude only 10% is available for kerosene, the fuel for aircraft.
So, despite oil prices down, this does not reflect in diesel or kerosene pricing greatly, as 72% is allocated to petrol.
If it stay down for a prolonged period that may trickle in the kerosene market, but while there is high demand for diesel right now, prices for diesel and kerosene will not go down much.

You are right, markets make no sense at the moment and trying to use old metrics will not work as we are in unchartered waters right now. The central banks have no clue, they think they do but just look what effect raising interests rates have done to inflation... nothing much.
As another member pointed out the other day, interest rates have to be higher than inflation to bring that down, so, raise interest rates to 12%?? I don't think that is going to work.
Perhaps the one good thing coming out of this, governments will think really hard before locking down economies again for the flu.
But, there is no limit to stupidity, so watch this space.

??? Covered this before. No dividend. Not until debt is down, maybe 2024/25. Who cares?

No, this is going forward. The WEF, WHO have control over our soft leaders and now we get to do what those unelected overlords want us to do.
This is not about a one time thing, this is for always.

as presented by WHO. This could well spell the ned of free global travel if WHO gets their way and a load of paid off leaders have agreed in principle to implement travel restrictions if you do not have a vaccine passport. Not for the 'normal' stuff that you would need if you travelled to countries with yellow fever, dengue fever, cholera etc, but just having a covid jab will allow travel and if not, well you are not going anywhere.
So, the final nail in the coffin for future travel....
I'll be driving everywhere then..

Sundance, I do not want to post a link, but if you look up 23% fuel duty increase in Forbes, it states it.
Stealth tax, quietly done so no one will notice...

Everyone reporting flights full, busy weeks etc, but if that is having zero positive effect on the sp then that info is worthless.

23% to fuel duty increase end on March 2023....
Yep, leave for cars and vans at home people, you are walking. Just like Uncle Schwab wants you to.
Funny how Hunt left that out of the important points....

Lloyds, you are correct, I am not in fact a trained economist. I am barely a trained human...

Lloyds, exactly. What kind of parallel upside-down universe do we live in, when low unemployment is BAD for the economy??
These people make things up as they go along. "Oh, cannot be doing with having money in people's pockets..."

"And dont get me started on Hob Nobs "

Thank you!! I hope bobbins reads this.

That's a bit harsh, true, but harsh.
Cadbury Dairy Milk is pretty damn good though, Thorntons... not so much.

AC, as your charts (thanks) show, the Ukraine invasion by Putin provided all the western governments with a convenient villain for an already rising inflation and oil price, but was kept quite or out of the media arena.
This was always the trajectory from this time last year.