The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
@Neutronic. Shame to see you go, could do with more post like yours. Agree with what Teddy said about predicting RR. I think the difference between RR and here is that investors saw RR as a bust and saved by RI. It also supplies across the sector so once the money was secured, it's future also secured as there will still be an airline industry after this even if individual players go bust. IAG's rights issue wasn't so much to save the company, given its existing cash position. I also think investors are still not certain on this company's future, even with the extra cash, hence why the price hasn't shot up. But if you want an expert opinion better ask George :-)
Stated that you had a principle of £20k, investing £12k a year at assumed 8.5%. You got it wrong so now changing your figures. Nice one. btw 6-7% is conservative and you should really base your forecast on that figure.. 8.5% is pretty aggressive over 15 years. 10% over the last 10 year Bull run is unprecedented. 1st rule of investing...past performance is not an indicator of future performance. Seriously, good luck to you but if you're going to continually post here you should know what you're talking about.
"The majority of clowns on here name call" so that would make you a clown?
£20k principle + £12k per year compounded at 8.5% is c£400k. Bad maths and no where near your expectation. When you get things wrong you lose credibility - sure you're an accountant?
George, nothing wrong with only being invested a small amount. But you lose credibility by a) resorting to name calling, b) constantly posting incorrect or uninformed posts c) getting things completely wrong, viz rights issue. The airline industry is inherently risky even before covid - the industry has never made a profit and there's huge uncertainty about what lies ahead. You're 700-1m target is pretty wild, unless your investing £30k+ a year every year from now. A trainee accountant with a junior role in logistic does not qualify you to have any kind of additional insight here. And forget about basing investment decisions on a balance sheet in the current climate. If you're only 25 why were you invested in IAG before covid? It was an income stock primarily, and certainly wouldn't get you anywhere near 8.5% yearly growth.
Fair enough. But if you're investment is about £2k, you've embarrassed yourself several times, and have no credibility, really should try posting a little less. Airline stocks are a big gamble, since this has dropped 75% there clearly is a big risk it could drop further, if it was such a sure thing, that would be priced in. That said, there is a potentially huge upside as well as with other sectors at the moment (banking, retail, travel). Could be some significant profit investing across a portfolio of value stocks including IAG. Ignore the technical analysis, especially in the current market, it's a load of b*****ks
Are you joking? No credibility accountant is only invested about 5k here, yet spouts continually nonsense all day long. What's that 3k? You're student loan payment come at last? WOW people should really be listening to you. MAJOR PLAYER