Member Info for jlbmth

Doesn't bode well for IAG, was thinking about buying back in, but i think as i said a few months ago that this SP would drop due to a number of reasons... but was ridiculed by a number of people on here. Now instead of 150 others are saying 140 is a possibility...

@Frodm First and foremost I did get slaughtered on here, for merely voicing an opinion, and certainly not mocking peoples hard earned money. Check your facts before you start making wild assumptions and accusations and being derogatory. Perhaps it is you that should listen o hi sown advice. I merely stated that I could see the SP dropping, just like everyone else comments on the SP and when I got berated for that and told I didn’t know what I was doing then, I responded appropriately.

A bit of a heads up and just to reiterate check your facts before mouthing off, it isn’t a very good trait and say an awful lot about you!

@Hitman 89, I said this SP would could go down to 150, 2 to 3 weeks ago and got absolutely slaughtered on here. I think that you may not b far wrong, unfortunately. But im still waiting for it to drop further to buy back in

@IAGLongterm Yes British Airways teamed up with American Airlines, do your research

@Sundenza I don’t know where you are getting your information from, but what you are saying is wrong. Firstly if you are shrewd enough and lucky enough you can make money with a quick “in and out”. You don’t ALWAYS lose with spread betting, there is of course a big risk.

With regards to you stating the company is doing fine, yes its profits have increased, however you are missing some important information, that is scaring the market and reflective in the current SP. IMO you won’t see the SP hit 200 in 2024. Growth isn’t expected to be particularly strong in the coming years, and that’s a real issue for investors. Then there are the fuel prices to consider, fuel accounts for 25% of its costs.

Also you are missing the fact that IAG, although it has a hedging strategy it’s USA counterparts don’t! Thus, as IAG has a joint business with American Airlines and Finnair and at the end of each quarter they pool profits! Therefore American AL can potentially drag on the profits of North American Routes!

Although you are entitled to your opinion, stating a company is doing fine, when it clearly isn’t and there are issues, is not great advice

@Casio_Kid

I appreciate that you lack the intelligence to actually make a comment without ridiculing people.

I would advise that you actually read my comment from this morning, as you clearly haven’t! I am unable to see where there were any derisory comments (feel free to look up the word derisory)

Given your lack of intelligence and integrity in conjunction with your clear lack of skills and understanding of trading, it would be pointless trying to explain to you even in the simplest of terms, I neither have the time or crayons to explain it to you and the fact that your miniscule brain would clearly not have the capacity to comprehend it.

With regards to rubbish being spouted, I would engage your tiny brain before opening your loudmouth.

I said around £!.50, you do realise that it matters not what the size of your investment is or the point drop. SP can go up or down. So if you are pinning your hopes on a large point increase then you are a bigger fool than you appear to be. I believe and quote me if I am wrong, but the SP for IAG dropped to 91p from 452 in the space of 6 months.

Now even a thicko Like you can see the difference. So stick your comments where the Sun doesn’t shine and do one.

@sundezena Its not wisful thinking at all, i hope that they start to pick up, at the moment i cant see it happening anytime soon

Your prediction of 4 or even 5 pounds its so off the mark, I very much doubt that it will ever reach £4 again.. at best maybe in 24 months you could see £2.50 maybe a little more...

They have too much debt for it to be anything more, even though that's coming down gradually you would need to see a reduction before anything really positive occurs

@robbren58 Who are you to say who and who isn't welcome? What are you the IAG Chat police? :)

The amount of profit irrelevant, the art of trading is to when to let go unless you are in it for the real long haul - excuse the pun, in which case chatting about the current SP seems a bit pointless - but many thanks for your comments

When I stated on the 21 May that I can see the SP dropping to around the 155 mark, I was ridiculed by slump and casio kid, whom were telling me I was making myself look a fool and that I knew nothing about trading.

I am actually quite sad to see the SP drop but perhaps slump and casio kid would like to retract their comments. Who is the fool now!

@GeorgeW1995 - Good point and they should do exactly that

@betterlife Re: SP going down to about £1.50, I said this 4 days ago and it is a distinct possibility, am waiting until then and then reinvest

What the hell are you on about? I was referencing slump not you!

get your facts right before you start spouting your inane drivel

As I stated previously, I have nothing to gain by winning an argument with a half wit.

Gosh! You really are quite dim aren't you! Look up the meaning of "opinion" and the difference between telling and opinion.

Well you are entitled to your opinion an it is only your opinion I may add. However, the only person here who is making themselves look stupid and quite the prat is yourself. I am not quite sure you are in the position to give advice, especially as you suggested one should buy when the SP is still clearly dropping and in my opinion will continue to do so. and this is what I mean when I stated there is a difference between bravery and stupidity.

Slump

I believe you stated the following: "Why does the city keep rerating them (I shortened that to RR). I say "statement" because you failed to put a question mark at the end of the sentence!

I think that perhaps you need to look up the terminology of boasting, I merely stated that I got out at a profit, had the shares tumbled even further and I had made a loss I would have stated that.

With regards to the Q1 report I merely used that to back up my statement! My apologies if you have failed to understand this.

Where do I state that I am a big expert? I am merely stating my opinion nothing more, it was you that chose to comment and deride that.

Apologies once again, I didn’t realise that you spoke for everyone on this forum. One feels that you may have vision of grandeur!

There is being brave and being stupid, especially when it comes to trading, I have a relatively good idea which one you are; in my opinion :)

One last question, do you understand the difference between "your and you're"? I think not!

Given your (see this is the correct one to use, in this sentence) somewhat grammatically incorrect response, you obviously lack intelligence, thus, I have nothing to gain by winning an argument with a halfwit.

@slump furthermore, the q1 report stated:

Q1 revenue rose by more than 9% to €6.4 billion. Operating profit increased to €68 million, up €59 million from Q1 of the previous year. The group has seen strengthened financials with reduced net debt and leverage. Plans to boost capacity by about 7% in ASKs and aims to generate significant free cash flow.

Strategic initiatives are underway to enhance core businesses and customer offerings.

All of this and yet SP down. Please show me how confidence is being shown when all of this positive news has culminated in the SP dropping by 8.8p?

@slump It is purely a comment, just because you don't agree with it or it doesn't suit your argument, doesn't make it BS!

What it actually is, is freedom of speech, which within a democratic society, is allowed, or at least last time I looked it was!

You mention RR's , if that actually was the case then the SP would more often that be reflected of that RR. The fact that this has not happened, goes to further substantiate my statement and my humble opinion :)

To use your analogy, yes they are a top 4 club, which therefore should generate a lot more confidence in them, knowing that they will not get relegated. However that isn't the case, there's no real confidence from within the City and also the debt is still a concern and no sign of dividends either. No one is expecting IAG to win the PL short term but would expect a rise in their status and league position which would then facilitate a rise in their SP,; but again we aren't seeing that. I think there is a possibility of 155 rather than 185

@betterlife , I said the same thing and it just got ridiculed

@sundezena How long has that RR been coming? Yes you can look at other companies but they aren't as "unique" as IAG.

Not sure you will see dividends soon either,

@sundezena I mean what company can report a good upturn in revenue and profits with a prospect of even more progress, and then have its SP drop that much :)