Member Info for JUSI

It isn't look at the price on the fts share site, closed at £4.631, up £0.104

FeachNews echo that. This share is set to soar much higher IMO, I think what we're seeing here is 'a factoring in' of the budget now, in other words there shouldn't be an almighty drop on the day, we'll see 🤔

Driven01, I think you are quite right, the results leaked (though they've moved quickly to finalise them for the qtr ending 30-Sep), coupled with the cease-fire in the ME - let's hope that sticks for many reasons

Retirements comment "A share which goes up on ex div day is a strong share, £4.20 by feb 26." is exactly right IMO. I was expecting a degree off sell off, certainly from smaller investors, ergo retrenching on the SP. I've moved from HOLD to BUY (more)

As an investor I'm holding for now. There are many interesting, valuable, & specific points made on this board on both sides for this SP. One key point I'd add, broadly speaking IAG is in a much fitter and leaner business than it's ever been, having taken advantage of the covid situation, for example, decommissioning the fuel guzzling jumbos years ahead of the original plan and other contractual re-arrangements. And the outlook's (future forecast/bookings) not too bad either, e.g. no-ones going to buy into this HMPV viral infection in quite the way we did (had to) with covid, ever again, etc.

I can't see why it won't hit some of the dizzy price heights we've seen in the past, definitely a medium term hold for me

I tend to agree with you thriller40. I won't dwell on the RR comparison, rather what I will add is: as we finally shook off the effects of Covid, IAGs very own strategists and finance masterminds said "it would be 2025 before the airline 'fully recovered' and their recovery strategies 'fully' kicked in". And lo and behold, here we are on the cusp of 2025, and they're not far wrong IMO (and that's despite a couple of conflicts etc flaring up). This SP is got some mileage left in it next year.

..I agree with you NumptyClub. And here's another bit of sentiment for us all., this time last year RR£2.84, not exactly dissimilar to IAGs current price, and now ....

I mean to say/add, what we're seeing here is IAGs post covid strategy and measures coming to fruition, they were always going to take time to do so. That coupled with a fair wind, lowering fuel costs, geo-political situations stabilising, etc: I'd say the future's bright for this share in the short to medium term

EYAUH today is the cut-off, the 9-Sep is payday

@oldbutnowisa the demand for Avons products isn't going to go away anytime soon and Jos has a track record of bringing in some pretty good deals (contracts) - which tend to give the share price a jolt northwards every time he does so. I suspect the price will nudge the £14 mark in the short to medium term, but not much more IMO (and if the forecasts are to be believed)

I agree with your statement: 18-May 07.34

SirT, I agree, I also think the comment made earlier that the Russians are planning/could be using chemical weapons (disappointingly) [though not verified] is buoying the SP

Pleased I didn't sell my 'buy' from sometime ago. Still think this SP has got legs to go further north given the difficult world situation we find ourselves in. Hats off to Jos Scalter for steadying the ship

..Avons prospects undoubtedly now helped, either indirectly or directly, by the US house approval of a $61bn aid package for the Ukraine war effort. Be interesting to see how the markets react on Monday (defence sector stocks that is)

..I'm surprised more investors haven't cottoned on to this share, + 37% YTD. I guess a combination of company stability, securing new orders, higher revenue forecasts year on year, improved broker ratings.. Any more for any more. Glad I didn't divest some months ago

@Geng, I tend to agree: "After many false starts...". I mean to say, this SP defies all logic, who of thought it would nearly double in a matter of weeks after the fall at the start of covid-19, when there was no end in sight to covid!! in fact someone once said to me "never try to apply logic to share prices". So the fact this SP has risen 10% since the falls post 29-Feb [down to 1.41], for reasons that remain a mystery to me, other than the anticipation of the budget news.. who knows, maybe this is the start of a recovery to a fairer share price

@NuckyT .."They could get debt down to €5b in the blink of an eye on Thursday if reports are correct. Why are they doing this? They've done this for as long as I can remember - I seem to remember ~ £8bn in the coffers during the 2008 financial crisis for example. They do it because the airline industry is so risky, they do it to hedge against eventualities and so they don't become the next airline to go bust. That all said, I expect they'll announce they'll use some of the €12b to pay down some of the debt.

..can't quite understand the collapse in SP given the results, especially as they exceed market expectations... I thought this was one of those rare SPs that actually seems to follow logic, very odd. I suspect it'll rally during the course of the day once Investors have digested the news and the forecasts - we'll see...

I'm seeing a close price of £9.84, up .24 - hope that's correct..

My theory is: the last 2 - 3 sales are what was expected or rather the Directors anticipated, hence bought in.

I sense there was a lot of immediate profit taking once the price had reached £10 coupled with the fact the market is now watching to see if Production can now deliver on the agreed Sales.

All in all it's a positive story, growth and SP increase will be slow, organic, and progressive.

A buy-out isn't on the cards in the short to medium term, at least not instigated by AVON - IMO.

Skindle, you are right IMO. Despite all sorts of IAG positives repeatedly mentioned on this board, the geopolitical situation is out trumping the lot of them and will do so for sometime to come. Some other airline stocks do have better flurries northwards on occasion, but they are relatively short lived, besides I don't think BAs customer service record is helping them much at the moment either.

I do have a reasonable IAG holding, I am not shorting. I will get my capital back and some profit, but it'll be a long haul or wait.