Member Info for jotom750

More FUD, (mostly unrelated to IAG). Tell your stories to those living in the newly fire burned or parched areas, tell it to those seeing the melted icecaps, tell it to those being more regularly flooded from their homes. To me it's like insurance, we all moan about it, but it's great when it's needed. To 'possibly' destroy our own planet for future generations just to 'possibly' save a few quid seems shortsighted in the extreme.
DYOR

Further entertainment...
https://gulfnews.com/business/aviation/5g-rollout-brings-minor-travel-disruptions-only-in-us-as-regional-airlines-await-faa-approval-1.1642649575336
As this problem may interfere with the flights of the millionaire telecoms execs I would suppose a workaround will be found soon. (Even I am becoming a bit cynical).

FordM
"I guess the airline lobby could not match the telecoms lobby with the 'donations' in DC..."

I agree completely, in so many ways, it's the "Donations" that seem to drive policy so much now. The U.K (without wanting to get into a big back and forth) is no different. Though it is mind bogglingly cheap over here.
Good luck to all. DYOR.

Ford, I'm not inferring that it's right, just that it seems a great big Ba- -ls up. They (and their lawyers) will be upset...To say the least! Who gives in to whom I have no idea.
All the best.

Fordm.
"How much does US spend on 5G?
Telecom Companies Just Spent $81 Billion on 5G Spectrum. Here's What Verizon, AT&T, and T-Mobile Bought. The winning bidders in a record-breaking auction of licenses for wireless spectrum were revealed on Wednesday, and Verizon Communications took the lion's share."
In America, as you know, money talks.

Reppyrr.
I do understand why the plane was such an icon. As an Engineer, I realise the fact that they were just 'past' the edge of what was known in aeronautics at the time, so discovering and 'inventing' the technology. It still is with one or two others a truly groundbreaking product. There was a refit/upgrade path for the existing planes, but I suppose the time and sentiment was against them. There always were problems with tyres and a few other parts and I suppose that did put pressure on maintenance teams and schedules. The fact that it was designed and made for a similar spend to that of an initial design and wooden mock up of the American SST only goes to show the immense magnitude of the combined teams achievements. It is without many equals I would say. (Whittles jet was similar I suppose).

My view is that it was a good day today, a close of 165.64 or Minus 1.28p.
Obviously up would be better but from a day's low of 161.76 that's a good bit of support. Some American airlines are also moving back up. Fingers crossed a good omen for tomorrow.
Good Luck to all. DYOR.

Some people don't like simple truth.

Are any runways around the world swept or inspected after every flight?
Is it not the result of poor maintenance that the part fell off the DC10? After all this does not happen all the time, does it?
As with many, it's always easier to blame the French however tenuous the excuse. Remember without them there would never have been a Concorde.

Why not blame the true culprit?
Continental Airlines Flight 55, a McDonnell Douglas DC-10-30
https://en.wikipedia.org/wiki/Air_France_Flight_4590

Anybody that wants the airlines to do well in my view, wants quieter aircraft.
"Night flying restrictions or night-time curfews, including night flight bans, are any regulations or legislation imposed by a governing body to limit the ground-perceived exposure to aircraft noise pollution during the night hours, when the majority of residents are trying to sleep."
https://en.wikipedia.org/wiki/Night_flying_restrictions#:~:text=Night%20flying%20restrictions%20or%20night,residents%20are%20trying%20to%20sleep.
Quieter aircraft may mean later take off/landing slots allowing more flights on present airports, and then reducing the need for airport expansion, reducing airline costs. Keeping the green lobby happy also... Just my 2p's worth.
Good luck to all. DYOR

Spar12.
Thanks, it would be nice if this made a difference to IAG, though I see it more as a drowning man clutching at any floater around to try to save himself. Where it would be replicated in the 'real' world such that international flights become much more easy and cheaper due to no requirements for testing is, to me at least the issue. Those days are coming, but seem at the moment at least delayed due to fog..
Good luck to all. DYOR.

Morning all.
As I speak/post our beloved :) IAG has opened at Minus 0.9% then within 30Mins to Minus 1.8% then in 10 more Mins to rise to Minus 1% (though it's now going back down as I type to Minus 1.8% again). There seems at the moment to be something of a pattern, jerk down or up at open and bobble about a bit after, a move around 10:00 and a drop before lunch. What happens at EOD is anybody's guess. IAG also seems tied to the American airlines pricewise at the moment, though clearly they are all very different companies.
So, do people think this is market sentiment as we come out of Covid, driven by big money with a little manipulation thrown in, just the nature of the beast or other factors?
All ideas welcome. Remember after the truth of LIBOR anything is really possible.
Good luck to all. DYOR.

Hi Dan.
Easyjet.... (if that's the company you meant) nosedive.
That drop at around 15:10 was of 5p (0.77 percent), translate that percentage to IAG share price and you get about 1.2p I don't see any potential reason mentioned where I looked, it could just be profit taking, or many other things. Even with IAG which is well traded I've seen half that sort of drop after I have sold 25K or so shares, it's that jumpy.
As you can see, before close it was made up again and more. These are volatile times, a move of 2% to even 4 % in a day would not be unusual. Others may disagree, (I day trade on only rare occasions as though I'm so so at buying I'm completely pants as to when to sell, and you have to get both parts right to make money!) but I would consider (I tell my oldest son this too as he gets a bit twitchy at small price movements) considering what you regard as the week/month/quarter potential and checking prices less. Try to decide what you believe is a fair value for the company/stock relative to pre covid prices/latest state of company/competitors, and your investment time horizon. The risk exposure, (possibly due to borrowings, bond calls etc) and base your decisions on that. It is dangerous to get too worried, after all, a mental distraction when driving could be much more life changing. I do hope that I'm not being condescending in any way, I know that we all have to start somewhere. I was lucky, starting off in the Dot Com and internet grab, a donkey could pick shares and make money, but that was also a wild ride. For instance I once held a fair chunk of Nortel Networks, traded them from $20 to sell at $50+ then $43 to sell at $80 in just a few months, only to see them rise to $110 or so. I felt a bit sick at the time, but within a year (I think) the once biggest company on the Canadian stock market had crashed to pennies. 3Com and US Robotics was even more bonkers. So in summation, think hard, stay calm, try to plan your actions. Possibly fantasy trade keeping records of all actions and see how it goes.
Good luck to all. Please DYOR.

Great idea Johnbri4. (IAG & NWG)

Spar.
I am too, that's why I'm in IAG for the majority of my stocks and shares at the moment. Though this possibly higher risk option may not suit all.
Good luck to all. DYOR.

Spar.
5 year performance.
https://www.google.com/finance/quote/IAG:LON?comparison=LON%3ANWG%2CLON%3ALLOY%2CLON%3ARR&window=5Y
Now PPI and corruption fines are out of the way and with inflation at 5% there is potential, dividends will also grow and many banks are cash rich). If a housing price retracement occurs, and more challenger banks enter the space those are downers.
Good luck to all. DYOR.

Spar.
https://www.google.com/finance/quote/IAG:LON?comparison=LON%3ANWG%2CLON%3ALLOY%2CLON%3ARR&window=1Y
Last year performance banks up 50% plus IAG up 3%
Where they go next as with all shares is uncertain. I made no inference as to company price manipulation, my focus was more toward some people here who no matter what post F.U.D they clearly have their own agenda, as to spend so much time doing it otherwise seems mad.

Danphonic, though to be honest I did think it risky having seen what some are like on this board, don't let it bother you too much. The fact that you may have been honest when many here have hidden agendas and simply try to manipulate or fib, is to be commended. Share ownership is not for all, (hopefully you are doing this within a stocks and shares ISA). I would say that there is good potential in many companies now we seem to be coming out of the Covid doldrums. It may be worth considering spreading risk, with interest rates likely to rise again, banks may be a safe bet, as well as some commodity producers. Not as stratospheric potentially but good all the same.
Good luck to all.
DYOR.

Tom1927. It's quite odd really and very lucky as I had a fair holding of IAG at 1.93, made a few pennies got out completely a few months ago and then into more NWG and LLOY, they did OK, (15+% in less than a quarter I think) and then in the meantime IAG tanked and I bought back in at prices between 1.28 and 1.40. How and why this happened I have no idea, (just blind good luck or someone up there is looking after me I suppose!) but it's worked out for the better.
Good luck to all. DYOR.