Member Info for get_rich_quick

What are the closing times today?

Hargreaves Lansdown are saying the market is closed?

Crazyinvestor,

Me too.

I've somehow bundled £17,139.43 (but who's counting...).

Average SP is £1.36, which seems a lifetime away.

Would someone please post the poll predictions please?

I can't recall what I said..

https://www.fool.co.uk/2022/12/19/are-iag-shares-about-to-fly-with-a-potential-dividend-announcement/

When the SP dropped to £1.30 I bought some more.

I was watching the SP trickle down to £1.30 and then slightly up again.

I should have known as soon as I bought it, it would drop a tad lower.

Next time I buy some I'll let you all know. That'll give you a chance to pick some up...

HL have finally paid my dividend.

That was poorly typed.

I'm drunk..

I apologise.

Robe,

They have to distribute 90% of its profits to shareholders and, tax of our dividends is dedicated at source.

Next year dividend tax threshold changes (it's currently £2) before taxes incur) next year it's £1k, and then I read the year after it will go down to £500.

GRQ.

Oh, and if I may throw out there...

I'm expecting strong results in a couple of weeks. And if we do receive them, please don't expect a bumper lift in the share price.

I'm sure it will rise, but the main thing is the strong results will underpin our current share price.

We will need to show consistent strong revenue growth before we get out of pandemic spiral.

We all know travel companies were hit (one of) the hardest, and they are now the slowest to recover, but with continued quarterly results, the tide will turn.

All the best.

GRQ

Riskingit,

I agree. Global issues are causing uncertainty here but our rent payments shouldn't Brierly affected due to the clientele we cater for.

Keep adding at these levels matey. Even at 80p I believe you will make money on.

Good luck.

Let's wait and see what the results being.

I'm confident we will show we are back in profit.

The debacle at the airports has massively reduced, which means refunds and or compensation will also be reduced.

We were profit making at our last update but due to compensation pay outs due to airport issues, we fell just below.

I'm expecting a strong reversal of that this time around.

We continued growth and next year will show that.

All the best.

GRQ

Hi, Cane,

I've got £4.5k invested here, which is at an average of 66p.

I like my quarterly dividend as much as the next person but I imagine most peeps invested here are down on their overall investment.

I agree, the almost 10% dividend softens the blow, and I receive around £70 per quarter for my stake (which isn't eye watering) but if the SP drops, then that makes any dividend benefit vastly minimal.

I'm really not sure what's going on with REITS but the company appears massively undervalued, unless their is something worryingly afoot.

Anyway - I still have faith, and will keep adding at these current lows.

All the best.

GRQ.

https://beststocks.com/analysts-have-given-international-consolidated-air/

I'm an old timer on LSE but I once remember a chap called Oil.

He always offered balanced reviews of IAG.

I sure do miss that little scamp.

Well, I certainly can't grumble.

After topping up when the Sp went to unfairly valued lows, I'm almost at break even again.

There seems to be a lot of external factors depressing the Sp, but as long as we have continued results showing financial strength the SP will naturally correct.

I'm not naive in thinking it will only take 1 more quarterly result like the last to rocket us upward, but another robust set of financials will underpin the Sp.

On a side note; I feel my Sp prediction was too conservative, can I change it?

I'd like to go with £1.47.

ATB.

GRQ.

Thank you, TC.

That's a good read.

And, roll on tomorrow. It's UKW pay day!

GRQ.

DB,

Stick me down for £1.36.

It we get a similar pre RNS update from IAG about the next quarterly results being lucrative, then I'd say £1.50.

Oil,

My goodness, I apologise if any words that I said appeared to come across as ridicule.

As I have said; I bought at a higher price than you, but the only difference between you and I is, I'm not complaining of my bad timings.

ATB.

Oil,

"It’s obvious!"

I am sorry you bought at completely the wrong time, but judging by the charts the Ukraine conflict had come about.

That time was tentative at best but you still bought. It's a bitter pill but I hope you'll be fine.

However; it was very foolhardy for you to notice a share that you know has declined since 2018 and even after the affects of lockdown, you thought this share (the travel industry) would recover as quick as you may be hoped.

Oh well. It's hard and you've learned a valuable lesson, but there are many wise scamps who bought at sub £1 and are now sitting pretty.

Timing is everything. You timed it poorly.

What I will say is; what has changed since your timing? (Excusing external climatic influences).

I think you'll find your approach to this business model has barely changed.

No matter what. I imagine engaging with your good self with only cause an endless amount of rumination and tail chasing with us both going in circles.

ATB.

GRQ

Apologies, Oil,

I didn't copy the whole of your message into my response;

"I bought at 180 and have no money left to average down.

As for this being a long term investment, I know that"

So, forgive me, you bought into IAG after years of decline but you still knew it was a long term investment?

I'd be curious to know what your rationale was on why you believed IAG would grow beyond your £1.80 buy in price?

ATB.