Member Info for FTSE12

It was a valid post - albeit should have been on the EZJ BB.

RAFFLES70..... your quote.... " Never mind the debt they have ..profits will pay that off in the future. The pent-up demand for travel is enormous." ......... IAG even took on additional debt in pre-covid times, even the year they reported in excess of £3 billion profit. The accumulated debt position for IAG is not sustainable. Highly likely IAG will require additional liquidity by December 2021. The overall debt position for IAG will more than likely require re-negotiation of Bond Terms by 2022.

Just to be very clear - the US has NOT agreed to any 'Arrangement' - in fact, the travel advice from US authorities is not to travel to the UK (at this point in time). This is not to say that this will not change soon. As always, one needs to consider a balanced view.......and not always the ramping comments from certain individuals on this BB.

My EZJ + IAG trades are doing very well over the past week. I always buy on 'bad news' days as they are nearly always followed by some good positive momentum. I will never hold Airlines for long term, just get out when my profit targets have been reached. Rinse & repeat. I notice the resident troll has gone very quiet over the past few days......I wonder why?? GLA

The resident troll usually only crawls out from under its rock on a down day. I will never understand why the troll is so miserable.

I don't think there will be any great expectation on results - should be as expected. The cash burn and overall liquidity position is the key issue. I would be VERY surprised if there wasn't an 'Additional' liquidity requirement before Dec 2021. Summer season is almost a virtual write off. IAG will still pull through but I would not be optimistic on SP. For the moment, it's just a short term trading share.

Remember, the resident troll called a £2 SP back in December 2020. Doesn't appear to be invested in any share whatsoever but still uses the EZY BB as a forum to predict doom & gloom. Obviously had a bad experience with EZY in the past as our favourite troll still posts drivel. No understanding of market dynamics whatsoever.

Both EZJ & IAG up 4%+ in less than 30 mins. Panic sellers this morning are probably not too chuffed.

Can't understand why the resident troll has such a downer on EZJ. The troll had a 'Strong Sell' since the £4.70 days back in October. One wonders why someone never invested continues to post such drivel. Perhaps the troll was once denied boarding on an EZJ aircraft. There was always going to be light at the end of the tunnel. GLA

My £100k buy @ 1.93 a few weeks ago is looking ok at the mo. £4k up , but have an exit strategy - targeting an £8k profit.

One thing I've learnt in playing the game is to always have an exit price and stick to it. Never be too greedy

I bought £100k worth @ 193 a few weeks ago......I'm not in the slightest bit worried. Aiming to sell sometime this week once the SP gives me a very healthy profit. Let's just see how the SP reacts next week. GLA

I bought £100k worth @ 193 a few weeks ago......I'm not in the slightest bit worried. Aiming to sell sometime this week once the SP gives me a very healthy profit. Let's just see how the SP reacts next week. GLA

Doesn't help when the numpty creates a subject = EasyJet +10% on the IAG board.......I assume this will come AFTER the 10% drop.

JB is right....it's only the tip of the iceberg. Imagine a scenario where a family of 4 go on holiday, one has a 'negative' test whilst abroad.....Airlines will NOT let anyone board if they have a negative test. So what does the family do? Some stay behind at the holiday destination? They will have to cover their own costs of finding a place to stay + re-test costs and more importantly will have to pay for re-booking a new flight home. These scenarios will happen and there will be some stories of this which will more than likely put off a considerable number of people this summer.

Appears my 'buy in' SP has been triggered. Lot's of excited posters last Friday (when the SP was rising).....I held my nerve and am now in (very large £amount). Targeting a Sell @ £2.10 (it will get there).....will produce a £8,000 profit when reached.

These Global sell off events happen every so often - usually last between 2 - 4 days and then SP's slowly creep up once again. These mini corrections are a good thing for the Market and can present some great opportunities (as long as you have sufficient cash on the sidelines).

Will present some great bargains across the FTST100.

Sunsurfer - the additional liquidity call is a prudent measure and is NOT...."to buy other airlines and/or slots".

Looks like I may get a lower re-entry point . Waiting for this afternoon to see how the SP pans out.

Looking forward to Monday, I'm hoping for a 'panic sell' day. Historically, always the best time to buy in for a relatively short term trade.

If it goes sub £2, I'll chuck £100k in and wait for a 5% increase ( may take a week or so, maybe a few weeks). I'll be back out once I hit my 5% profit target.

Big Blue - they are not 'Touch & Go' as you state, nothing of the sort. All BA and EZJ pilots (Captains + FO's) have been using the SIM's to keep there skills up to date (there are strict rules about how often a Captain or FO needs to train on the SIM's if they haven't flown for a defined period of time). FO's keep their skills up to date by using actual flights with Line Trainers (Accredited training Captains). I know this as my wife is a Captain with BA and my 2 young daughters ( 23 & 25) are FO's with different airlines based in the UK.