Member Info for M1k3y

At 450 ?

The market may prefer Chump for now but when he reduces Corp tax to 15% , it will have a major impact on GOV's ability to encourage corps to stay in the UK. Especially Banks I suspect. Will his reduction of Corp tax, be a springboard for other countries top reduce their Corp tax also and if so, what will be the outcome of this strategy ? Meanwhile, I am pleased with the uptick GLA

Chump didn't get where he is today by making friends or being a nice guy. I find it amazing that this is the best they can do given the size of the population BUT for purely selfish reasons as an Investor, Chump is the last person I would like to see elected. Hoping for a bounce if Hilary is though . GLA

Agree with you regarding the twit of a ceo comment

The Telegraph Hillary Clinton in the clear as FBI announces it has not changed mind on charges http://www.telegraph.co.uk/news/2016/11/06/us-election-hillary-clinton-up-in-polls-as-hispanic-surge-threat/

maybe you can explain it JMO but I think this market is madness at the moment GLA

The FT https://www.ft.com/content/381d434f-8026-357c-a27f-150ec1cbb2ac

Agreed JMO and it has had a major impact on the SP. You have to wonder what exactly he is trying to achieve here because it certainly doesn't appear to be improving the SP . I am baffled to be honest. The major drop today continues .

Well that rise was short lived ! Ridiculous drop today , all on the back of Walshs statement about future earnings ! You have to wonder why they made it when the SP was doing so well.

http://announce.ft.com/Detail/?DocKey=1323-13015455-3G5G4CBISQ3K6JMD7JPEOMI6EM This is euro cents and will have to be converted.

We should also get an unexpected uplift from the Euro to Pound exchange rate, if it stays at this level or lower. Predictions are for parity eventually but may take some time yet.

Ex Dividend date 1st December 2016 Payment Date 5th December 2016 euro cents 0.11 http://www.iagshares.com/phoenix.zhtml?c=240949&p=irol-dividends

Bound to be some profit taking towards the end of the day. I am long and looking for upwards of 500, so staying with it . I expect a further up tick if Hilary gets in and then a hold until dividend is announced. GLA

"Walsh said at current fuel prices and exchange rates, operating profit this year would come in about €2.5bn. " https://www.theguardian.com/business/2016/oct/28/ba-owner-cuts-profit-forecast-after-bumpy-ride-in-third-quarter

Agreed Luddite, why would anyone pay any attention to what they say ?

they will be above 2B but below the forecast figure. I am looking for a move to above 500 within 12 months . GLA

Well spotted Luddite and Thank you

But why the sudden movement ?

I think they missed a trick here and should have approved runways at Heathrow and Gatwick, possibly even Stansted also. Major error and I think it could present hurdles in the years to come. As O'Leary said on Bloomberg, by the time it gets built, it will already have reached capacity and people will be asking when it the 4th runway going to happen. Gatwick has to be approved, if they want to maintain competition . I kind of agree with your order of importance but would place them as follows; (1) Q3 Update (3) US Presidential Election (2) British pound (4) Oil price/Fuel Price They should have hedged the fuel price, although it looks as if they didn't hedge very well last time. Historically they hedge circa 9 months ahead, so should do well at these levels. I've altered the election, as it is so imminent and I think if America gets it's first female president, there will be a further up tick in stock prices, at least in the short term. GLA

Apparently, having challenged GOV to approve the scheme, Walsh is now against it ! He wants take off and landing fees to be capped if third runway approved. 10 years on and I think he is losing it frankly. Time for a change. Looking for positive Q3, if not lower than expected.