Member Info for Longtermview24

Cruddite - your 8 quid is going to be heavily diluted by the RI. mug

Cruddite - you're wrong about a rights issue. An RI is offered to existing shareholders - its the opposite of a placing you mug. Look it up

Definition of Rights Issue - an issue of shares offered at a special price by a company to its existing shareholders in proportion to their holding of old shares.

There is no rationale attached to your guesses, so why should I attach any to mine.

But this will stay mostly in the 100-125p range until breaking out to the upside as the lockdown restrictions ease and will rise steadily provided there is no second wave of infections. The 90p days are gone unless there's a second wave

Buckle up cruddite! Next stop 150p for refueling, then we'll be visiting 100p.

cruddite - 80p is beginning to look expensive.

it makes more sense than your 8 quid post cruddite . PMSL

next stop 150p . all aboard! (with masks, thermometer and sanitizer in hand - flying will be so much fun, cough cough atchooooo!!!!!)

i like the look of Norwegian over carnival. have funding to see them through 18 months of downtime, that's a lot bigger cushion than carnival

feel a bit sorry for you luddite on hearing you're stuck glued to this screen from 9-5. try getting out and about once in a while. when you're outside, take a look u, the only thong you'll see in the sky is clouds, birds and occasionally the sun. you wont see any planes.

how does it feel sat here each day watching your meagre investment erode day by day. at least you've got age on your side and should need much until you check out.

my advice get outside but more importantly get out of this investment before it drops further still, which is nailed on, just like your inability to not take the bait,

Where's that plank luddite. Gone a bit quiet. Don't say I didn't warn you. Next stop 150p then 100p. Who knows where the bottom is - 0p if they don't get flying by the summer.

let's see briggsy, but dont say you haven't been forewarned,. if you don't listen to me and whatamess, maybe try listening to buffett. he kissed goodbye to billions on his airline investments. I like IAG, but not at this price

I did say the RNS yesterday was misleading and today Carnival are walking it back.

https://www.proactiveinvestors.co.uk/companies/news/918830/carnival-on-backfoot-over-plans-to-resume-cruises-in-august-918830.html

Hard to invest when the BOD are telling porkies. What else are they lying about?

well, as predicted, 200p broken to the downside. the trend is one way - dowwwwwwwwwwnnnnnnnnnnnnnn

Carnival know there is NO chance they will be sailing 1 August. It ought to be illegal to issue this RNS. Its certainly immoral. Carnival know they will have to push this date back. Trying desperately to prop up the sp. People will soon see through this bs

5% down, maybe more sells than buys briggsy

getting posts removed wont stop this dropping further. sub 200 coming as I said. only fools rush in here. timberrrrrrrrrrrr

this will test the 600p ow before long. someone mentioned 450p on here a while back, wouldn't be surprised to see that happen

mark, for sure IAG will outlast most of its peers. But at what cost? There's not a bottomless pit of money. It's a great business (I'm a very frequent flier) but without passengers there is no business. A lot of unknowns. The only known is that Covid-19 will be with us at least for another year, possibly two, before there is any sort of vaccine available in bulk.

I have no idea how low this can go, because I have no idea when things will open up and how quickly things will ramp up after the open up. Given this was well below 100p (I think 60p was the low for BA) post 9-11 and that was a very short shutdown, below 100p seems entirely possible.

Rather than gamble, I'd like to sit out, wait for flights to resume, monitor how quickly things are coming back, allow the company to give some guidance, then step in with a long term investment. That strategy will not catch the bottom, but will stop me losing my shirt.

In the meantime, there'll be volatility and the swings will allow for some modest trades. there'll be a few dead cat bounces on the way to the bottom.

5000 airlines!? more like 800 and current consensus is 500 will be bankrupt by June.

As for Carnival having no blame or liability for the virus, let's see how this pans out -

https://www.cnbc.com/2020/05/01/us-lawmakers-open-probe-into-coronavirus-infections-on-carnival-cruise-ships.html

stupot it's not old news. early april he offloaded 18% of his Delta stock. only yesterday was it widely reported, at his AGM, that he had sold ALL his Delta, American Southwest and United stock, at a loss in the tens of billions.

Travel stocks are going to be hammered for months to come. There'll be volatility and opportunity to make a quick buck along the way but very good chance some of the big boys in airlines and cruise industry will go under. They wont disappear , they'll be rescued by private equity but shareholders will be wiped out.