Member Info for JUSI

I can't help but feel/sense this SP is like a coiled spring and one day it will unleash, but & as you say No1Scarlet, the question is when?

I stress I am a proponent of this SP and I'm heavily invested (by my stds), BUT then there's the other side of the coin. Many have repeatedly mentioned factors such as the lack of divi, debt etc. But one thing that's rarely mentioned is their customer service, BAs in particular, which is abysmal and matters if you're seriously considering a significant, long range investment in IAG. Then there's the omni present geopolitical tensions that could spark the next Ukraine/ME conflict... it matters as it could kill off certain lucrative routes overnight.

In summary: I don't believe you'll ultimately ever lose money on IAG, but how long it'll be before you get your money back or make a significant profit is anyone's guess, but expect a long wait, I am.

It is indeed perky, I don't know or have any theory what's causing this, though plenty of very professional advertising on LinkedIn these days (pushing the current/future products and organic growth). Be interesting to see if it holds > £9

Seems to have stalled again, but holding £8. ..seriously wonder if any announcement is just around the corner. Does anyone have any credible insight they're able to share?

Thoughts?

..and this evening, now Mrs Sclater has added to the Sclater pot... (or rather reported this evening). Glad I held my holding.

I do think something's afoot, not a buy-out as some are suggesting, but something along those lines - no idea re the timing. I also note there was another non-exec director buy today, small volume, 2,000, but a buy nonetheless. You could be right Trendz, "we've seen the bottom"

..should be an interesting day tomorrow (results day). I suspect the results are good, or rather their trading statement, 30-Spetember, already suggests so. Hopefully there's a spectacular announcement, else I suspect the SP will be flat, if not fall, i.e. when results are in line with market expectations the price dips. a little

I suspect the results (and I don't have any inside info btw) will be flat and in line with expectations (which typically deflates SPs). That said there could be some sort of announcement woven into the results which might help stabilise or even boost the SP - we'll see. Holding for now. Views

..don't disagree with you Evan... Results on the 21st, though I tend to think they are already baked into the SP weeks beforehand, knowledge of same always seems to be out there in advance, I don't know how, but it is. That said, I've upped my view from 'weak buy' to 'buy' (IMO)

..(all) what's your theories on todays drop? IMO - perhaps some of the froth from the last 6 - 7 days of climbs being blown away.. Still fancy this share will head northwards; no signs of director sell offs, defence sector stock is a sound place to be at the moment (sadly), and I suspect there's some sort of announcement waiting in the wings.

Hmmm I don't disagree with your comments. But it could it just be the obvious, i.e. the situation in the ME which is clearly going to get worse before it stabilises and hopefully gets better. That pushes investor sentiment to believe any defence sector product will be in high demand - regardless of the specifics. I defo. believe this share will continue northwards in the short term IMO

Evan.. "no" I don't think so. I think the jump is for one or two reasons, i) the situation in the ME [given they are a defence sector stock], ii) a statement affirming Avon isn't about to go out of business [far from it], and iii) as many have pointed out on this board, the SP represents good value

Ninespot, on the one hand, I do agree with you as they are a defence sector share - but their product range is quite narrow. That said Bae Systems that makes support combat vehicles, provides ammunition, precision munitions, artillery systems and missile launchers etc etc only made 7.9% whilst Avon = 13%. Avon seems good value to me at the mo.

@Sundance1 27-Oct I believe. They will indeed have to be exceptional to create a jump in SP against the backdrop of the situation in the ME

A good day for IAG and slightly surprising IMO. I'm a proponent of the share in general and I'm primed to top-up (and for a medium term hold). But I can't help but feel the price is going to take another dunt before it gets better and before the dreadful situation in the ME plays out somewhat and the markets stabilise - I'd give that a few weeks. There are of course the Q3 results, two weeks on Friday - but I think some of the upside there has already been priced in (in anticipation)

..decent level or SP, not decide level..

Evanescent, on what basis do you say that? I believe it will be a very long haul now to anything like a decide level or SP. I also don't believe Avon will be bought, I sense there's an honest denial of that from this ceo - for once. Sell off is not the startegy IMO

I think you're right to do so @GrahamC72. As per a previous post, I predict a slow climb to the end of the year, £1.80, unless something disastrous happens. Covids latest variant BA.2.86 (is it?) makes me slightly nervous, more so than the other known risks and factors

I tend to agree with you fordm. IAG was predicted to have and has had a good summer, but this was factored into the SP sometime ago. I fear Sep, Oct business travel, won't buoy the price much in the short term. I do however think the winter, flowing into the spring, holiday traffic will help, this will get factored into the SP in the next 5 - 6 weeks. If nothing disastrous happens, I predict £1.80 by the end of the calendar year

..the SP seems to be falling away daily, any views on where the bottom is and where the turning point might be? No recent director buys either other than a handful in August. Hopeful Jos's strategy kicks in soon and reverses the tide.. Views?

..wasn't doubting or challenging your credibility. Just trying to understand your statement a bit better that's all, and it looks like you could be right; it's definitely turning, so could well have been the bottom (IMO). I've always been a fan of the 20 day SMA, so a few more days yet to see where this is really heading.