Member Info for Ian1970

I hear and respect what you say SpammySpamton. You make a good point, there is no doubt that we are entering a deep post COVID recession, worldwide and people will cut back on discretionary spend, including holidays - so there will be pressure on margins, less holidays sold.... agree, but.... TUI was well over 1000 before the pandemic, I cannot see it getting to that level for many years, but 600p next year is more than possible IMO, it has got close to that this year. There is pent up demand from those wanting to travel but too scared or can't be bothered with the hassles air travel involves, Boeings will be flying, TUI is embarking on massive cost cutting, disposing of assets etc, not to mention that there will be less competition. However, all this is dependent on a working vaccine (and/or better/quicker testing etc). If there isn't one then I fear air travel is doomed in its current form. But I firmly believe that there will be one rolled out soon. PS: Don't forget TUI operates in China, which is "booming". At the end of the day, none of us have a crystal ball, it's all about making educated, researched guesses, or punts and hoping for some good luck.

I think this is the last chance to get in below 300p. I am waiting to top up (avg price 284p). Just hoping some other shares will hit my target price, otherwise I'll write off a small loss so I don't miss out on TUI. Big money to be made if you are prepared to take a risk.

https://www.dailymail.co.uk/news/article-8852159/The-video-world-longed-Covid-vaccines-rolling-production-line.html
It's coming soon....

https://www.stockopedia.com/articles/will-the-national-grid-share-price-run-continue-133218/

I think we are at a point where this may be the last opportunity to buy in below 300. I am going to top up myself. If there is a vaccine (which is my bet), airline stocks will take off, if not, expect more bankruptcies as the industry consolidates. It is a risk, but potentially very lucrative. My average price is 284. I could see it going below 250 potentially. DYOR. These us just my humble opinions and 80% of the time I am wrong.

I guess reaction to the global COVID cases and Johnson saying there may not be a vaccine? hopefully a recovery tomorrow. Who knows.

Very pleased with today's rises, but I'm all too aware it can yoyo like mad, that being said, I expect to double my money next year- bought in at 274p a couple of weeks ago. Was going to top up when it seemed to be going south so missed out on that opportunity. Fingers crossed - it's certainly been a bumpy ride.

Today will be interesting as such a mixed bag of news. Cases seem to be rising rapidly in UK, but talk of airport testing and reopening of routes to USA https://www.dailymail.co.uk/news/article-8804655/Coronavirus-testing-airports-FINALLY-set-begin.html plus Trump recovering may boost markets, and there seems to be a government strategy for rolling out vaccines. My guess is falls first thing followed by a quick recovery mid-morning, but that is purely guesswork.

I think you have your own agenda here Copperbox. People will still want their holidays, and the evidence seems to be pointing towards a working vaccine. https://www.dailymail.co.uk/news/article-8800433/Coronavirus-UK-Mass-vaccination-just-three-months-away-according-Government-sources.html. Share price below 200p? We'll see, but I doubt it.

Thanks for posting that. To my mind it reads, we may need to raise capital but not as much as we thought as the German government has just lent us a load of cash. Clearly it is impacting on share price today though. Opportunity to top up. As others have said, it makes little sense to go this route while share price is so low. I could see it coming later when share price is a lot higher. Who knows. I'm was in at 274 so hanging in there.

I meant 900 barrier.

Good question on rights issue. Not needed now German government have stumped up cash. I believe that for a share issue to be worthwhile the price would need to be higher so assuming I am not being stupid, I don't think it will happen until the shares are a lot higher.

Seems to have broken the 800 barrier. There is an interim dividend, ex div date in November which may be having an additional impact, plus it's a haven during the turmoil.... ish

Thanks for posting. This will see it through the winter, hopefully there will be a vaccine early next year, rolled out and gradually there will be a steady recovery. Fingers crossed.

It's only 9am,but seems TUI and Easyjet not affected by the news, Had the opp to sell out at break even this morning, but I'm staying invested.

I don't think there is a lot in there that we don't already know. Airlines are burning cash as people aren't flying and they still have to pay overheads. Taken in context, he was trying to pitch the idea of encouraging the workforce to accept lower pay/part time working to save redundancies. That being said, expect a knee-jerk reaction from the markets. Any views ANAPA?

Topping up by 30K if it falls below 250p. In at 274 this week. Where do you see the floor?

Totally agree Bigwigs, I also bought back in yesterday at 274 too, having done a few good and not so good trades over the last month. Think we may see a monthly trading range of 250-340, but as soon as a vaccine is rolled out.... Be a long while before we see it go above 1000 though. Just going to hold now and maybe top up if we see it heading towards 250.

hoping the lockdown was priced in earlier this week as most details leaked in advance of today's announcement. We'll see.

Yes, I only kept a small amount though, bought 15K today. I am worried whether I've done the right thing though. Other airlines have had a very bad day today, but Tui is up on day.