Member Info for get_rich_quick

That's my average SP.

I averaged down quite a bit at the £1.40 mark, and couldn't add anymore when we dropped to the £1.15 area (wish I had now) as I'd be touching at break even.

I have £10k ploughed in here so breaking even (ideally making a small return) is essential.

That said; TUI have a major TV ad campaign running at the moment, and if the next set of results show the same continued growth, then I can only hope we can push back, and over, the £2 mark.

All the best.

GRQ

Livestock,

Nice post.

Human interaction when interviewing / having meetings is always better in person.

Zoom / Skype / Teams all served a purpose, but they lack the ability to read non verbal communications, which you can only pick up when in front of someone.

The fact that America appears to be reporting high figures of internal travel bodes well as IAG/BA has such a commanding control of flights to America.

B.A has one of the greatest footholds with that flow of air traffic, and this strong passage of passenger numbers is going to build on the hefty €1bn revenue that IAG made overall from last quarter.

All the best.

GRQ.

Tricky,

"well my average is now £1.32"

Nice! I thought I did well to squirrel my average SP down to £1.36.

All the best.

Full year financial results will show the correct picture of the business.

That's all that matters.

IParsnip, BitO***eezer,

I'm 17% under.

I still dont feel like I've won this game....

Surdly the next IAG results are going to be strong if AA produced encouraging results.

IAG relies heavily on their American business routes.

If IAG can build on their last quarterly results, which it seems that way as the wider picture suggests so, the continued northerly climb they go.

And, I know one thing is for sure.

Nonsensical bile that is spun on here wont make an ounce of difference to those cold, hard, quarterly numbers.

Good evening all.

LloydsActuary,

I'm pleased to hear you're almost at break even, ol' boy.

If media reports of the tyre being an influx of holidaymakers still determined to get away and book a holiday, then I'd like to believe our next quarterly update will be as financially healthy as before, if not better.

Any organisation that can turn over $1bn revenues must be doing something right.

Even if the Sp doesnt respond immediately to the (hopeful) next results, it will surely underpin the current Sp, and allow it to continue trickling northwards.

All the best.

https://www.fool.co.uk/2023/01/10/i-think-this-forgotten-growth-stock-could-double-my-money-this-year/

https://uk.finance.yahoo.com/news/iag-shares-ftse-best-airline-170023138.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAM3X_CMXvA7VC6kwVEHna8tWh6b-tkIUt_seaVHwJyZbcmepNZQq37MDUi1Zve9FJaY2r4Aeu2Vqcba0GoofXxvl6jDxGUnMzQe0qbK3HHIAUjSelvqNz3LOWtm96v9SpznlYXoPz_XK4MhojKxxxrndInRZwtKvIot4REY-0eRQ

Sundance,

That is a very healthy amount of shares!

Good luck to you (and a little bit of luck to me too.....).

Emerald,

No one likes a show off...

Robbren58,

To the nearest 500??!!

Surely no one on this board has that many shares!

If so, could they add to my 12,386 shares please.....?

Emerald,

And this is all that matters.

As long as IAG keep bringing in those big quarterly numbers, then it will be a spring board for wherever the SP is at that time.

I don't seem to have the crystal ball that other people seem to have, as they can predict £2/3/4/5 by the end of the month or year.

As enjoyable as I find this board, it's those quarterly figures that I take note of

In the meantime......play ball.....

GRQ

£2??

Not sure why I put that in there.

Apologies.

In my history of buying shares, I've been through a lot of share consolidations, and I can sadly say none of them ever prospered short or even mid term.

One of them did well, but it was brief.

SOU, VOG, RRL, AST and TLY, all failed (which means my investment failed!).

I have an average of £2 in TUI, with just shy of £10k invested.

I am confident we will need another 6 months financial results, to show that continued financial strength in order to get us out of this Sp depression.

I believe we can do it, as the travel market is growing and is forecast to grow, in spit of climatic issues.

That said; just because I've not endured good results from a consolidation it doesn't mean this won't, but the market generally pulls back after the consolidation date occurs.

Let's just hope between now and then the SP rises and we can make some money on the SP as it stands today.

All the best.

GRQ.

Sundance,

Me too. I've been under water with this share for the majority of time that I've held it. And every time we dropped, I added, but we kept on dropping, and through stubbornness, I also kept adding.

I'm now in a whopping £285.10 profit, so tonight, I'm treating myself to an Aldi pizza and a 2 litre bottle of Frosty Jack Cider...

It's not caviar and Dom perignon, but I'm only £285 up.....

Have a good weekend all.

GRQ

Casio,

Nope. I'm now at an £81 loss...

Ho hum..

I'm back in profit!

Corryvreckan1 is correct.

There has been a lot of misunderstanding of the share consolidation proposal on here.

A poster earlier had the whole consolidation in reverse!

Example....

Current share price is £1.45.

If the consolidation goes ahead...

TUI will take 10 of your current shares, and replace them with 1 shiny new share.

That new share is worth 10 times the old share price of £1.45.

So, 10 x £1.45 = £14.50.

£14.50 will be the value of the shares going forward.

If the above is still confusing....

Just multiply the current share price by 10, and then divide the amount of shares you hold by 10.

Easy peasey....

Except share prices generally slip after they've increased by the consolidation, but who knows, this time may be different.

Personally, I hope we don't allow it to go ahead, but let's wait and see.

All the best.

GRQ.

Skindle,

When was "after hours?".

I'm really unclear at what time the market closed on Friday.