Member Info for ianfm

Need to consolidate and stuck above 40 first. constantly drifting downwards, alth ostrong movement yest and today. do we know if newlands have finished?

Probably short on big tech.

And everyone panics when they realise the borrowing is unsustainable and it nearly shuts down the government which plunges stock markets.

In for more of a rough ride

UK markets drop sharply as Fed official dampens hopes for rate cuts

The FTSE 100 dropped sharply as trading began after a US Federal Reserve official said policymakers might not cut interest rates at all this year.

The UK’s blue chip index slumped 1pc to 7,898.71 while the midcap FTSE 250 sank 0.7pc to 19,727.72.

UK markets drop sharply as Fed official dampens hopes for rate cuts

The FTSE 100 dropped sharply as trading began after a US Federal Reserve official said policymakers might not cut interest rates at all this year.

The UK’s blue chip index slumped 1pc to 7,898.71 while the midcap FTSE 250 sank 0.7pc to 19,727.72.

Wow, taking a beating this morning on open, over 6p down.

Aye casio, glad we had a blue day, and happy to keep going steadily upward, just frustrating when it tries multiple times to breach and always falls back. least its only ~3p or so.

Seems like a massive resistance level, hit 177 on a few occasions, last week, today, and always drifts back towards market close.

It was over 8000 last week, hit 8011 before falling back.

Perhaps they are hoping to attract new sponsors with the teams competitiveness at Riyadh later this year.

They also posted that on MCG board which has also gone, so seems like an account deletion/ban.

Think we may be in for a retrace slightly today, long weekend, people getting back to it, then carry on tomorrow/this week

JG, it costs for them to put news out as an RNS, so they are likely thinking with results round the corner, an RNS isnt worth it.

After that great run, people are taking profits before easter i guess.

I suppose the next trading day is 2nd april, so into Q2 perhaps people think there will be an annoucmemnt.

Certainly some strong movement upside, keeps fluctuating but green by a good margin this morning.

I was pondering this last night. although IAG has been the laggard for many months/years, dont forget that pretty much nothing is back to pre-covid or pre-war prices yet. EZJ used to be £11 pre-covid and back to around £9 mid '21, JET2 was touching £19, and is currently at its jul '21 price, so a lot of shares have a long way still to go.

Good run yesterday morning again, only to drop towards close, hopefully some will stick at some stage!

What so the new people can ask for high salaries?

you sound like an idiot who is living outside your means.

Really want to know what they will do with the 10mil, pay down debt to reduce interest payments, and some FCF to aid daily running would probably be a good idea.