Member Info for luddite

Daggar, after playing this game for nearly 40 years I have come to the conclusion that there are no real experts , I read a lot every day articles coming in from the USA Australia UK etc , in the olden times I subscribed to IC and the FT , I was amazed the other day to see that Lucy Kellaway is still around, not that I ever thought she was any good but its now no better than the DM. Analaysts the world over are either young clueless MBAs doing the right of passage and hoping to get a proper job within their firm or if they are over 30 and still analysing they have failed. On IAG I saved an article written by Andrew Monk of VSA Capital, I think it was around 2012 or 2013, he of all people should really know the airline and travel busines but he got IAG so wrong in his article reccomending it as a strong sell at around £3, I did well ignoring his advice. Warren Buffet also got airlines wrong and even though he did he is still possibly the worlds most successful living investor, his performance has not been good this past few years but the point is if Buffet can afford the very best and most detailed analysis and even get to do his own due diligence on any company he likes and still get it so wrong then how can we put any faith in any pundit. For what its worth I find seeking alpha articles on IAG iformative written by various authors as long as you ignore the opinion, they have now put in a charge for premium but I am still getting most of it free.

Kai Tak was amongst the biggest dumps and getting the bus to the island was just a crappy old bus but from touch down to getting to Wanchai could take as little as 20 minutes and the bus stop was at the front door of my hotel, that compares with a least an hour with the new airport and the train costs ten times the price of the bus from Kai Tak. I would not swap the experience of landing at Kai Tak for ten free passes into Doha bling lounge, you talk a lot of ****, typical tourist.

I almost feel sorry for Iamamessy, thinks he 'knows' something because he has been in the lounge at Doha, yeh big deal. I do not want to land in Qatar or anywhere else in the middle east, having to stop off there to refuel was part of the punishment for flying on a cheap airline in the olden times. these days its not necessary but somehow messy thinks its a destination for him to be amazed by the bling, if you want to spend time gawking Singapore is much better but even this gets boring after you have done it a few times, all I want to do at an airport is get through it as quickly as possible.

When you come out with stuff like this I don't have any feelings positive or negative and certainly take no offence just feel amusement to think what could you come up with next, I actually don't think you really mean any of it, its just typical banter but in your case you do seem obsessed with repeating the same nonsense over and over about the virus. As for £8 yes I still think we will see that sometime in 2023, in the meantime I hope to have bought and sold quite a few times and banked the profits, thats what I have been doing for donkeys years but you carry on waiting for 80p. How much did you make on the Centamin tip I gave you , nothing I imagine.

If IAG dropped to 80p the doom merchants would not buy, some of them have sat through moves which could already have netted the gains they claim they hope for 80p and if they really believe their own tripe they would have opened a short, of course they don't, I think most of them are fantasists . They are also assuming that anyone posting positively has a one share portfolio, I reccomended on here to WhatamessIam to try trading Centamin when it was around £1 a few months ago, no doubt he did not follow my advice as it would be too much for his ego to swallow.

Messy I did not say I do not trust doctors, there you go again trying to bend what people say and ignoring facts with which you cannot dispute, I trust some of what some doctors say but I question everything , there are other doctors I would not trust, do you remember Doctor Harold Shipman ?

Time has told messy and you have been found to be wrong many times over, I particularly enjoyed your advice that 184p was a good entry point shorting IAG when it then quickly nearly doubled, good job for you that you are playing with demo accounts otherwise you would be bankrupt by now.

Mr whatsupmymess playing with numbers again thinking he is on to something, 600000 deaths in 5 months is 0.024% of the total numbers reported as dying. Whilst I do not trust doctors to correctly fill in a death certificate I do trust them to correctly record that the patient is dead, I think even I could get that right never mind a doctor, so a death rate of roughly 5,000,000 people a month is correct but no doubt whatsupamess will find that hard to agree with, what is probably not correct are the numbers that have been recorded as dying from the virus so the figure of 0.024% is probably much lower, it is highly unlikely to be higher. Another useless factoid, roughly 516,000 people were runover by a bus during the same 5 month period ( I will concede that probably quite all them but by something fitted with an internal combustion engine), seems my banana skin theory is almost as deadly as covid in that the risk of death by something on wheels is similar.

I agree there is no 0% or 100% safe, I lived out of suit case for most of my working life, most of the time never even bothering to unpack it to avoid leaving stuff in hotels but I take the opposite view to you, today I read a reported 26 deaths and thats probably on the high side, its quite possible I have already had the virus and not even been aware of it , the risk of dying from it is very low and has been massively exaggerated by the media. The media did the same thing with AIDs in the 1980s and being a mug and a reader of Investors Chrinicle in those days I rushed out to buy shares in London International being one of their dead certs, everyone was going to get AIDs and we would all die except for those wearing a condom, whats not to like about that, how could I go wrong, I was going to be a millionaire and live, the projections of death rates and how many would die were ramped up every day by the BBC etc, the real risk has only become apparent decades later when most sufferers in developed countries do not die from it and today it hardly makes the news. I lived but did not make a million out of London International, I seem to remember them spiking and then ending up with a loss on them, We are being lied to about the death rates, everyone in the death industry has a vested interest in blaming every death on the virus as they get paid more to research it and come up with cures, I believe people are dying from Covid but nothing like the numbers that doctors are writing on death certificates, if you do get run over by a bus today the doctor will probably list you as having died of the virus if he can get away with it.

Mr bluelight, if you feel that a passenger jet is akin to being packed in a tin can then flying and airline stocks are probably not for you irrespective of virus they have always been higher risk, what might happen if you fall down some stairs and land on your head, then what if you are about to cross the road slip on a banana skin and you get run over by a bus, better if you stay in bed but what if the house collapses, have you thought about all these other things that can possibly go wrong to spoil your day ?

I am in the older category and probably at risk and I suppose according to some on here I should be very afraid but I could not care less about the risk, having been on business trips during my now ended working life to Baghdad Dhaka Islamabad and various other nice places, I am planning on making the most of the lifting of the travel ban. There are a few on here who really should stay in bed they are that scared of every little thing, those that are scaremongering if you really believe your own nonsense about the risk then it is highly unlikely you would be risking your piggy bank money on any shares, why bother warning people like me who are not in the risk averse category not to punt on IAG. we are all aware its hardly a widows and orphans fund . Mike O learey claims 950 flights today at 70% capacity, that seems to indicate that people who are travelling are not that bothered if they have to sit next to somebody, I would prefer a space for comfort reasons but I am not worried about the virus.

The usual negativity from the usual commentors Dustymungo etc always following the attempts at scaremongering by the BBC. The R rate is something most of us now understand and early on it mattered a lot but as with the AIDs scaremongering done by the media which I well remember the tombstone adverts years ago is a load of cobblers, its the death rate that matters and this is dying down. According to the doomongers on here we should all be dead by now and the IAG share price should be 50p but the reality is there have been roughly 500000 deaths and during the same period have been replaced by 70000000 new people, and that is if you believe the death rates which are massively exaggerated by medics who will put death by coronavirus on every death certificate they can get away with, in China of course the doctors do the opposite and make up anything rather than death by virus so we would have to consider some balancing out but the real total number killed by the virus will probably be much lower than reported by the scaremongers.

Yucky, they are selling artworks that should not have been bought in the first place, would be good to know though how much they paid and how much they sell them for . In September this could be £1 or £5, it could be anything in between. If Warren Buffet can buy airlines high and sell low then its clear people like you such as cattlin, Mr I am messy, Termite etc who all posted at least 200 times on here that the price was headed below £1 cannot expect any credibility, but at least Buffet had skin in the game even though he was so wrong, are you a participant or are you just a spectator ?

Nidec , where did you get your 23% spread from ? On this website many shares show a massive spread prior to open , its a problem with the website not the actual spread, IAG spread is quite tight most of the time, CFD providers deal it in a wider spread but the main brokers are rarely anywhere near 1%, mainly around 0.25% or even less most of the time, this along with the volatility and liquidity make it an easy share to trade, the only shares that have 20 odd percent spreads are crap on the AIM.

IAG is unlikely to need a fund raise for a long time, it is likely the share price will have risen to over £5 at least if a placement for Qatar or a general rights issue at probably a 15 % discount which I would probably buy into ( rights issues can be well worth trading) , but probably a fund raise will not even be needed.

It is never too late, I was buying at over £7 and selling so at todays price it feels relatively safe to me, the best time for traders is when its near the bottom hence my confidence a few weeks ago when there were all manner of idiots forecasting 80p, I think everyone of them was probably a fantasist claiming they had shorts and one even claiming to have shorted JETS which is now up near $20 and would have wiped him out had it been a real trade. Where its at now, yes it could drop again but thats what shares do they go up and down all the time, its all a matter of opinion and yours is worth no more or less than anyone elses, take no notice of the pundits, its all just guesswork .

Directive22, yes of course you will be the first to know when I am selling, sorry for my sarcasm. I am expecting £8 sometime in 2023 and a resumption of dividends before this. I have long term holdings in IAG which I have had since BA floated and then became IAG which I will not sell unless I decide to tidy things so that my kids can benefit before I croak but thats one prediction I am not trying to make although there have been predictions on here as to when that might be. I also trade IAG so for me any day can be a good day to sell and then buy back on a small drop but that really only works well when the whole market is not moving much and all we are seeing on here is the share price really taking off. There is of course a possibility that the current market rally will not last but longer term I believe the FTSE100 will pass 8000 within a few years, seems inevitable with all the money printing but we will probably see a recession first.

unless your a day trader elise ( which I am ) then you can safely ignore it but damn it I missed the drop and had no limit buy order at 267, don't worry this happens all day long almost every day, its difficult to get more than one or two goes a day correct, nothing to worry about if your long.

dusty mongrel , you sound like a right jobsworthy, I have just read the 'rules' and seems to me the 14 day quarantine thing is nonsense but typcially the media hyped the scare value out of all proportion when it was first announced and people like you think its gospel or at least would like people like me to think it is, in reality its a damp squib, I imagine Ms Patel is busy trying to find a way to drop it completely, she may as well.

It is being massiveley overhyped, I would like the media to be held accountable after its all over for the scaremongering. I will not be scaremongered to by the BBC or anyone on here and there have been quite a few idiots on here that want people like me ( and I am probably in the vulnerable category and more suceptible to death than some ) to be concerned but stuff them I would get on a flight now and go on holiday anywhere ( with no travel insurance ) if there were hotels and restaurants open. My first business trip when I was young was being sent to Baghdad, I had never even flown prior to this and I had that feeling I had won the lottery, none of the usual more senior air miles collectors I worked with wanted to go on this jolly , three weeks away from the office on expenses it was great, I suppose that has been my attitude to risk throughout my life so as soon as everythings opened up again I will be flying somewhere.