Member Info for Millionaire106

Bought back in this morning at 20p. Still high risk but worth the risk imo.
RBG & MARS both looking good risk/reward recovery plays now.
GLA

Represents great value at this price if your happy to sit on them!
Expected it to hold at about 75-80p this morning so pleasantly surprised I can top up at these levels.
GLA

Cavendish - Why would I take the time to write a message on here if I hadn’t! Send me your email in a private message and I’ll send you the transaction if you like
Tucked away in my SIPP thank you very much :)

Bought £50k of these over the last couple of days thinking they looked cheap but we’re worth the purchase due to all their freehold property!
Just checked my account and seen they’ve gone up 100%! Never had that before.. WOW... bloody marvellous
Looking at the deal, it looks a fantastic one for MARS and could be a complete game changer!
If your patient and hold these (which I will be) these could easily go to £3-4 over the next couple of years!
WOW.. still in shock! :)
Have a good weekend all.. I know I will be!

Very odd market currently...
OTB is an excellent business but I have a buy price of 180-200 in mind. won't go near it until then.
GLA

It’s been very lucrative indeed this past couple of months. I did miss out on this rally though..
arh well they’ll be plenty of other opportunities.
Congrats to the holders

A 20% dilution for existing holders and the price goes up! Strange but true..
So current mkt cap is about £1bn + 30m new shares @ £5.67 = new mkt cap of a shade under £1.2bn.
That’s bonkers imo
GLA

Surprised me slightly that their doing a 20% placing.
With them securing the Covid loan I thought they would of had plenty of liquidity headroom without diluting existing shareholders but clearly not.
They must be burning through the cash at a much quicker rate than I initially thought.
Will be interesting to see what the market makes of it and even more interesting to see what price they get for the bookbuild shares!
Interesting stuff and watching from the sidelines with intrigue awaiting another entry point.

doubt it will get to £6.50 but if it breaks £6, it could well finish the week back at £6.50-7! This share is crazy

If it breaks above 585 could quite easily go to 6.50-7 looking at the charts.

I'm out for the time being..
I expect it to drift back down now... although of course could continue going up.
Happy to take profit off the table now and hopefully buy back in later for another swing.
GLA

It’s only trading at £200m above net cash now... so seems to be decent value! The business pretty much going for £200m! All other airlines have enterprise values significantly above their mkt caps so have a significant amount of net debt! IAG, TUI and to a lesser degree EZJ etc!
Anyway will be an interesting few weeks.. hoeing for a good swing trade here

Quite possibly yes! Their offloading seems to be getting more than absorbed by the market!
Will more than likely go back to ranting between £5-6 when seller gone!
Mind you.. anything can happen... could go to £5,6,7 could go to £2!
Who knows ... definitely not me

Looks like there’s orders being filled! Another £1m buy @ £4.74 just gone through

Buys are over ruling sells 2-1 yet SP is static!
Other travel stocks up on less volume and a much less buy to sell ratio!
V odd indeed :/

Going through... 2 x £1m buy orders filled in the last 10 minutes. Must be institutions adding to or building their stakes.
I’ve just gone long as price now at low end of trading range for the past 6 weeks of £4.50-7.
Hopefully some good money to be made but keeping stop tight just below support.
GLA

Your a strange person Mr/Mrs Mong.
What exactly are your motives for trolling all the airline boards? It appears you never have anything constructive or value add to say!
Some People are Bulls and are backing a quick recovery and some folks are bears... either view is fair enough imo! I’m personally more bearish short term hence trading airline stock as they are so volatile, however they will recover in the medium/long term no doubt... beaten down sectors usually do.
You behaviour is very odd indeed though... you may need to seek professional help.

That was already factored in one would think after Han**** spoke about it previously!
DTG is trading nicely between 4.50-4.75 and 5.50-6! Great for trading at the moment!

wonderful for trading at the moment between 85-95.
GLA :)

Airlines are great for trading at the moment as so volatile but make sure guaranteed and tight trailing stop losses are at the ready... as personally think they've got a long way to go down as sentiment unfortunately terrible in this sector currently.
There will however be a time where I pile in and just hold for the next few years riding the recovery. we're just no where near that price wise yet imo, far too many headwinds.
Good luck to anyone holding however.