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Does anyone see this dipping below the 2.00 mark anytime soon ? I resisted buying back in recently at 2.00 as I could not see any real positive good news on the horizon. I was convinced that a sharp drop was not long off .... but now I'm not so sure. Still a big fan of IAG and confident that once the skies open up (especially to/from the US) the IAG share will soar. But my gut tells me that a drop from recent 200-207 levels might still be on the cards. Does anyone else feel the same ?
IMHO ... DYOR .... Good luck all !
Big Blue. I am assuming that you are retired now as the number of daily posts at this forum would leave you little time for anything else !! You obviously have some aviation sector connections which give you information us mere mortals cannot access ..... please keep the posts coming ! I normally agree with your assessment of the ongoing situation and have complete faith that IAG will come good in the end. After some day trading I am now in with an average bp of 1.98 and will not sell till at least 2.50 no matter how long it takes.
I also read this morning that a traveller collapsed recently at Heathrow after waiting 7 hours at immigration. Absolutely ridiculous .... but typical of a government that could not properly organise a p*** up in a brewery (unless it is vaccination related of course !) Your recent reference to government officials as 'goons' brought a smile to my face.
Stay patient everyone & ride the peaks & troughs if you dare. All IMHO
GLA
Yes. I have faith in this share. Have had some decent day trading success over the last few months but now in for the long haul till there is better travel news. No doubt there will be plenty of volatility along the way & it is very easy to get spooked by some of the comments at this forum, however patience is the key IMHO.
GLA
groots, if this is your first visit to Iceland suggest you watch The Valhalla Murders on BBC IPlayer. Short Icelandic series with subtitles. Wonderful landscape. Here's hoping your trips become a reality. I have four in the pipeline Majorca mid June (unlikely ?!) Portugal mid August (likely ?!) USA October to see our grandchildren not seen for 2 years (more than likely ?!) and Asia next February (very likely ?!) In the meantime hold patient until there is more consistent good news & we should all have some decent holiday money !!
This is all IMHO .... Good Luck All !
Many of todays posts sum up what I and many other investors I am sure have been experiencing in trying to make some sense of the ups & downs of the IAG share. IMHO ..common sense tells me that with patience the share will eventually soar but with so many variables I am very uncertain when exactly that will be. In the meantime it is very tempting to do some day/weekly trading but with unexpected bad news usually round every corner this can be very risky & costly especially for a newcomer like me. I have been lucky at this 3 times in the last few months but not prepared to push my luck any more, so I am now sitting it out with my 7582 shares at average bp of 1.96. When 2.50 comes I will consider selling .. but not before .... that will be a nice £4K+ tax free profit in my ISA ... a nice contribution towards our long haul trip to Asia next February....with BA of course ! Good luck all !!
Big Blue
My sentiments exactly.
Made some decent gains over last few months and now all-in at 1.96 average bp and waiting for 2.50+ before even considering selling. Only a matter of time IMHO ... although I do expect some dips along the way !
GLA
IMHO the main summer sun destinations very much depend on the under 35 age group who are unlikely to be vaccinated until the summer is mostly over. The likelihood is that a negative test before departure & on returning home will be the minimum requirements. As I said in a previous post there are so many variables dependant on agreement both at home & with other countries that I have no real confidence that all this will be agreed anytime soon.
What I do have confidence in is IAG who I firmly believe will ride out the storm and when the skies do open up their share will soar. Good luck all !!
Big Blue . I enjoy reading your posts. Don't always agree with all the content but your efforts to explore & comment on how the travel/aviation industry will emerge from this calamitous pandemic are to be commended.
I am a big fan of IAG with a family member working for BA and I am in no doubt that eventually the skies will open up & the IAG sp will soar again. However there are many hurdles that have to be overcome before air travel can take-off and with so many variables my gut tells me that this will happen later rather than sooner
Until yesterday afternoon I had 15K at average bp 1.98 having made three decent 'day trading' gains since December. I had decided to hold for as long as it took for the share to move substantially north and have posted twice previously about not being 'impatient'. But yesterday I sat back & considered the logistical mountain that not only this government but other destination governments will have to overcome before we are allowed to board an aircraft & return home safely without the whole experience becoming a 'queuing' nightmare.
So I decided to sell at 1.98 and am now on the side-lines with my original investment waiting for my next entry opportunity.
I have read all the potential 'good news' posted recently which will no doubt affect the sp early next week but share sp's rarely ascend in a straight line & I am convinced that bouts of disappointing and bad news over the next few months will give great opportunities for profit making. Of course I may be completely wrong (and as I am quite new to all this I most probably will be) but que sera sera. No matter what my final eventual entry point looks like I am convinced that the investment will bring rewards by the autumn
For the record I have four overseas flights currently booked, 2 moved forward from last year to June & August and 2 more made recently for October & next February. Like millions of others I am desperate to fly ..... but exactly when that will become a reality is the question I cannot answer with any degree of confidence.
Good luck all ! And please DHOR
I'm with you GROOTS. Have made a fair amount during recent volatility & no doubt there will be more volatility to come but in for the long haul now till the skies open up. Like you I am sitting on a slight loss but fully expect the share to soar once there is more definite positive travel news.
GLA
After making a few decent day trading gains I decided 2 weeks ago to dig in for the long haul. I have 15K at average bp of 1.98. Last week I was tempted to sell as the sp rose towards 2.20 but decided to hold firm . Of course I now regret that decision but I am still as confident as day follows night that the IAG share will soar eventually, it is only a matter of time & patience. In a previous post I quoted Warren Buffet's famous saying about patience, please excuse me quoting it again here ... "The stock market is a device for transferring money from the impatient to the patient”
Good Luck To All !
GLA
I notice on the LSA Share Trades link that there were 3 much larger BUY trades today after 4.30pm
6M value at 16.35
58M value at 17.00
3M at 18.02
Are these coming from large institutional investors ?
Thanks & GLTA !
Do not wish to turn this place into a travel forum ... but ...... your thoughts please on whether June 17th to Palma with Jet 2 is likely to be a goer or not ? Do you think some kind of vaccination/test app will be in place by then ? Both passengers will have had two vaccinations & prepared to obtain negative tests if required.
Groots .... my position exactly. I am a newcomer to all this but have always been an IAG fan with a family member employed by BA. I decided in October that after restructuring & cost cutting IAG had very deep pockets and with the Union Jack on its BA tails they would not be allowed to fail. Having made some decent 'trading' gains over recent months I am now sitting it out with my 7500 shares at average price of 1.98. When travel opens up properly (especially to the US) I am confident that my shareholding will gain considerably. IMHO its only a matter of being patient !
Since December I have been lucky enough to have made some tidy profits by buying & selling three times during swings in the SP but I am now all-in for the long haul at an average buying price of 1.98 No matter what, I am convinced that the IAG SP will soar once travel opens up in particular to the US. IMHO consistent good news will come eventually & when that happens those that have been patient will see the rewards. As Warren B once said .... "The stock market is a device for transferring money from the impatient to the patient."
This is my 3rd post having only recently entered into the fray of trading shares online. About 4 weeks ago a maturing cash ISA for 20K yielded a pathetic level of interest so decided to 'have some fun' inside a Stocks & Shares ISA with the same amount. I am an aviation 'anorak' and have always had a soft spot for IAG. My strategy was to invest medium/long term in a solid company whose shares would without doubt start to fly once air travel opened up. IAG are just too large to fail.
So I invested 10K around 1.50 and within a few days saw a gain of around £1.5K so against all my original plans ...I sold. A few days later the SP dipped back so I invested the 10K again and to my amazement the SP rose once again....and yes you guessed it ....I sold again with another gain of £1.2K. Beginning of the week I did the same at 1.68 and swore to myself that I would not sell until mid summer . Yesterday I resisted selling at 1.90 but this afternoon I yielded to temptation.... and sold at 1.90. Another gain of around £1.3K. I am now waiting to invest again once a suitable entry point presents itself but at what & when that will be I just do not know ! Whatever I decide I am 150% confident (IMHO) that by mid summer the shares will have increased substantially in value. The £4K made on the recent trades was more as a result of gut feeling and luck rather than any real knowledge of company value etc. Had the SP on the first trade dropped I would have waited till summer for any profit-taking. I am a rank amateur at all this but hope my thoughts resonate with others out there
Big-blue and Trading Places I enjoy your posts which make plenty of sense to me (IMHO) Good luck to you both & all other PIs no matter what your strategies !!
Thanks Big Blue. I am a big fan of IAG in particular BA. Their new CEO Sean Doyle has a much softer touch with employees than his predecessor which I think will reap rewards in the future. I firmly believe with their very deep pockets that BA will come out of this leaner & stronger and that any shareholding around current levels will yield great dividends in the future . IMHO
I am a Newbe to all this and after saying to myself ... 'do not sell, hold till the summer when the shares will fly'.....I could not resist selling appx 5600 shares today at 1.90 which I recently bought at 1.68. Now I am poised ready to buy back in ....am I likely to see an entry point in the 170's ?
Thank you all for your input. I still have 10K of dry powder to invest. Any suggestions under what circumstances I should take the plunge again bearing in mind I am in this for long haul ? Thanks !!
This is my first post having only recently ventured into the market after my 2 year £20K Cash ISA matured with a pathetic amount of interest. Decided to invest instead for the first time in a Stocks & Shares ISA which I opened with HL which I must say I find very straightforward. Strategy was to invest in companies who have taken a hammering mainly in the hospitality & travel sectors. So launched myself into IAG & Whitbread (amongst others) last month during which time I was lucky enough to buy & sell twice during some share volatility. During this period I was very pleased with myself having made an overall 15% on the total invested. This morning I sat with all investments sold & dry powder ready to invest again and on seeing the SP rising decided to dive in again to IAG for the long haul at 1.675. No day trading like before. Mind made up to sit this out until travel confidence returns. Understand there will be some bumps along the way but IAG has deep pockets & as the only British airline with the national flag on its tail would never be allowed to fail. Others have suggested a 3.00 -4.00 SP in a years time however I would be pleased with 2.50+ which will yield many many times more than leaving it in a cash ISA. !! I take criticism very well :-) so any comments good or bad regarding my strategy would be appreciated. Good luck to all !!