Member Info for luddite

Why should there be, the SKY price now only depends on Roopert pulling it off whatever BT does from now on has no effect, I am more than happy about buying in here in December and quite a lot more happiness to come, sky is just an income bond proxy as far as I am concerned just somewhere to park some money for a few months with a 10% return.

It bottomed out at £9.62 today following the £10.75 pre conditional cash RNS, I had set a limit order to buy more at £9.68 but no takers, oh well maybe some other day.

I am a buyer, three lots so far at 982 , 981 and 976. Potential takeover situations have provided me with the best returns over the years, my first foray may have been Guinness or CASE ( taken over by Dowty) then Belhaven Brewery ( reverse takeover by RTN ) in the 1980s. I cannot remember which came first as its that long ago and I have done too many to remember in between but whats not changed is that most times I come late to the party after the initial spurt but then you see the doubtful sentiment emerge on cue as I can see happening here, I rely on that to give me a chance to get in at a lower price and make a few more percent and sure enough its the same old story with Sky, nothing changes it purely down to do you believe it will go ahead or not and my bet is that the odds are 10 to 1 that it will. If there is more downside I will buy more and if not then thats my lot. My track record is far from perfect ( dragged down by AIM rubbish and a few FTSE dogs ) so I would hate it if anyone bought or sold based on anything I write on here but this is one I feel confident about, we shall see.

I disagree with you MrOnions, this looks like a good piggy bank to park some cash in for a few months, the risk/reward looks reasonable to me.

Another set of good results , the analaysts at HSBC etc that have been recommending IAG as reduce or sell for the past months must be finding themselves dumb founded today, dont know how some of them manage to keep their jobs.

Oil price down, OPEC huffing and puffing about production limits then IRAQ exemption makes them look really silly but they keep on with their silly pronouncements which no one believes will happen,

I think the pension payment cap has helped , they still pay lots but at least we now know its limits.

Great news , looks like the upside is here sooner than I anticipated

Fall supported by JP Morgan Chase issuing yet another idiotic target price miles lower than todays price so the traders jump on the band wagon and help push price down. I am happy with the volatility, Simply Wall St stating IAG is 46% undervalued on a DCF basis, I partially agree with them so overall I think plenty upside at these levels.

Hello Seifert and welcome back to the IAG casino.

Dividends were resumed last year. IAG is one of the best shares in the FTSE, I am not going to explain exactly why as its easy enough to figure it out yourself and its not got everything to do with the share price which as anyone can see has been dropping since December. The technical analysts and brokers are generally completely clueless and incompetant, wish I could get paid for writing the tripe they get paid for, study this share yourself and you can can wipe the floor with them and their forecasts. Technical analysis and charting is generally nonsense once you move above the most basic level and thats the level you get for free on google with basic candle charts, nearly live prices and volumes, anyone thinking they need more than this to trade is wrong.

The spread is approx 5% at this time

Someone just did a £50k buy which pushed the price up so I am hoping its someone who knows what they are doing rather than a mad punter so on that basis I will hold for a while longer.

Just goes to show that you have to be careful about ex dividend dates, this is from the SOCO website : " The proposed dividend will be paid on 17 June 2016 to shareholders on the Register of Members at the close of business on 27 May 2016." BSL and HL both stated ex div 26 May I was not planning to trade and will take the dividend but this is annoying when they get the dates wrong or change them without highlighting what they have done.

My understanding is that SOCO goes ex dividend at todays close so the price is not yet reflecting this or am I wrong ?

Theres a lot happening here in the next few weeks 22nd March for the krouts and 29th march for the yanks. I reckon its worth a punt even at todays price if a few more univited guests come along and we have no more silly market corrections it could be a really happy party.

The share price going down on good results happens more often than not unless the results come as a real surprise, analysts have predicted good results all week so the todays news was not really news, a few got spiked buying this morning then the price drops back, dont worry eventually it will get back over £6.

If you shorted this yesterday have you had a margin call today ? Hope you didnt lose more than you can afford.

How do rubbish companies like this ever get listed in the first place, I dont trust any Chinese company listed on AIM anymore, tar them all with the same brush until they start behaving themselves which will probably never happen as long as they can make easy money from mug punters in the UK.

Having just read the placing document which contains the potted history of oil exploration going back to 1859 I am completely underwhelmed and wondering why I should invest in this company, I will leave my cash in my own piggy bank for now, no point putting it into this one.