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I am not sure why this fall is such a surprise. Guessing people do not keep track of the information that's out there. Lufthansa Results:
Lufthansa fall around 3% in morning trade after posting adjusted free cash flow below-expectations, which overshadows a "small" Q2 EBIT beat
Investors profit taking due to the below, nothing to do with shorters or manipulation..... the SP is highly sensitive.
https://www.reuters.com/business/aerospace-defense/sluggish-return-business-travelers-forces-us-airlines-rejig-their-networks-2023-08-03/
Real reason for the fall seems like it is the US credit rating cut and a bit of nervousness in the market.
Sudeneza this morning: "Maybe he was?? ...poor chap!! from 1.50 to 1.72 in 3 days must have hurt for the shorters!!! hahahaha."
If you had shorted this yesterday, you would be doing well. Maybe they see you gloat and all jump in......
Now money moves in...... SP goes up, simples.
This is what we have been waiting for, all to do with results, forward bookings and the paying down of debt. Well in green now, happy camper!
Might announce dividend payments if results are good, thats my hope and then it will "fly".
Sundezena what happened? Some prediction!
Institutions are just not buying into airlines the way they used too due to risk. Hence share price, honestly hoped share price to be better than during covid but alas..... What to do but wait......
Sudezena giving us a valued guessing game with no facts..... up, down, left, right
Sudeneza wrong again...."EZJ almost positive, IAG will follow suit."
Maybe you are jinxing this SP........
Share buyback means nothing if it is small, folks you are talking about 0.3% of total shares?? Those who were banking on a swing off this are in dreamland. IAG are buying back and putting the profits they are making to good use. There are too many available shares which dilutes the price. I am sure this will not be the only buy back announced over the coming months.
Sudezena, you jinxed it again!!! You bought some at 161.15 and now look!!!
Another well informed post:
"Quite good as it will rise this PM. Bought some now. cheers!!"
Sundezena jinxed it again!
2,965,000 bought today, confirmed. I hope to see this have a positive effect on SP.
US has started well though, much higher than IAG...... plot thickens.....
I can see the SP doing well in due course, its just when..... I thought honestly it would be over 2.00 by now but its actually at a lower point than when planes were not flying which doesn't make sense. It might be that there is no risk appetite in the markets and until this returns, expect to wait a while.
There are risks out there including the Ukraine War, Bank Crisis, Inflation and Interest Rates that are stripping the demand tight now, question is how long will it last.......
Usual response, no context just saying "what you did" in your own world......up up up!
Enjoy Sudezena, I would love to know what you think of the Q1 report, bet you didnt even read it, how do you think debt is being serviced etc?
Robben sure he said it was going to 1.60 this morning, Im sure with that insight he bought on the low... its complete nonsense to be honest......