RE: WERE ALL GOING TO DIE!!!19 Sep 2020 11:51
Anapa69 : Just been reading your posts and yes im a new investor waiting for the right time to invest in IAG BUT you are a little off the mark . BA are operating at 25% , Share price has been diluted by the sp offer that when it recovers it will stop at around 250 -300 probably 2022-23 and i forecast 60 p bottom out by xmas . UK Gov should not bail out a company that is not uk owned and registered , why should they . Leave that to the EU as we will be out of that club by next year . i am down on my Lloyds shares and yes i have a lot invested but will recover. So where are BA going to ge there business from in the next 8 months . All major countries are in 14 day quarantine making business travel not economically viable so they use vid conferencing . Holiday season finished till next may. BA are hanging on to there slot times and may be sold to other airlines ,so there is a lot of expense still going out of BA . Prey tell me where the income is coming from . AS you say there using the cash stocks so my question is , if there that cash rich why have a share issue in the first place . May be i am a simpleton but i can add and take away , i hope i am wrong