Member Info for livepari4

Expecting £1+ tomorrow

Any predictions how much this will fall tomorrow? Will this go sub 900?

I don’t hold this but will be looking to get in tomorrow. This might slip to 350 at the open and retrace to 370 by close. Should be back to 400 in 2-3 weeks time as Europe makes progress on vaccines and cases start declining due to lockdown effect. A few volatile weeks ahead. IMHO

I see it back to 120s tomorrow. Few weeks of EU vaccine delay is immaterial for RR.

Maybe it’s just politics. EU did a drama on AZ vaccines. Boris & co are responding that we won’t send our tourists over there in summer. This may soon get over.

Any thoughts on Monday open and how the next week will progress?

Rogueriver

You seem to be unable to properly weigh pros vs cons. Your arguments look really ridiculous.
How does the selling of HQ building reduce BA brand value? Most companies are selling up some of their office space due to increased work from home. This cost saving is a positive and should be put in pros not cons.
1B bond issue no doubt adds to debt but it is cheap debt and shows how easily IAG can mobilise money when needed. It’s RI was also oversubscribed. Which means both lenders and shareholders have full confidence in the company.
Strike actions are routine manageable events.
Norwegian founder to start again long US flights - the very reason Norwegian failed is that it applied low cost model on long haul which didn’t work. Why would it work again?
Rising fuel costs - they seem to move in both directions. At the moment they have fallen a lot from earlier highs.

I was reading on Bloomberg that market is looking at the likely revenues in 2023 for recovery stocks and base their valuation on that figure. Which explains why most recovery stocks have risen so much, some higher than pre pandemic. IAG looks massively undervalued looking at 2023 and I won’t be surprised if it reaches 300 by summer.
DYOR. I am often wrong.

Seems the biggest worry at the moment is rising cases in the mainland Europe. UK and US are doing well with falling cases and rising vaccinations. EU countries are currently about 10-12% vaccinated. When they reach about 30% vaccinated figure the cases will start to drop due to vaccine effect. This may not take very long. Could be one or 2 months away at most. VaccIne supplies are catching up. Then we’ll see this share and all other recovery shares soar. Just neet to sit tight for a few weeks.

NuckyT
If you can hold this for a week then you’d be in profit. Your 30 year investing record will stay intact then.

In just the time it took to write below mesg TUI gone up from 392 to 398 :-)

Feeling tempted to buy TUI which I don’t currently hold. It’s fallen to low 390s. Having a fear it may go further down as EU seems never able to get its act together on Covid. Maybe will wait for now and see next week.

Recovered a bit towards the end. This will be 100+ again next week. Anyone knows when the results are due.

Had to drop a bit after few days of big rises. Should pick up again from here.

Should do better next week when the EU vaccine mess is sorted out.

Nice sp recovery towards the close today. Almost back to where it was yesterday. Will climb up in the next few days, on the back of a very positive sounding results.

Wondering why this is so down today? Results weren’t worse than predicted.

The wider market is down today. All my stocks in red. Nothing specific to IAG is causing the fall it seems.

This has potential to grow, not just a recovery play. SP has been trending upwards pre pandemic.

Results on their website. Much better than expected. Should have added more yesterday.

Airlines in the US ended in green with United up 4.5%.
Will see tomorrow 215-225 range hopefully ending the day north of 220.