The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
But the news says its more profit booking than corona sentiments for the drop today
I was out of iag for last few weeks after selling at 212. Back now in both iag and easyjet. Will top up tomorrow if falls further
Nothing bad news as such in BoJo conference? Much ado about nothing?
Not looking great as Australia and New Zealand not allowing tourists so essentially its 6 countries so far. Cases are rising in US and Canada too. India will soon be exporting new variant to the world. Next week may not be great for SP, lets see. The good thing is that Europe vaccination is now picking up so next 2 months are critical to have a good chance of Europe holidays
2.06-07
Hope so though j&j development is a setback for Europe where vaccine rollout is already slow
Linkop, yes thats the reason it went down. I picked at 368p, trading at 386 now. Nice!
They are raising £350 m through convertible bonds hence the dip. I picked some TUI today.
Linkop, it could be travel sector popping these news in media in advance to put pressure on Bojo :)
Read as travel sector and not IAG as such. Sitting on dry powder for tomorrow :)
Not expecting much movement tomorrow, may start with a rise but dont see it ending higher. Nothing has changed between Thursday and Today.
Boohoo to probe price differences for same clothing https://www.bbc.co.uk/news/business-56506859
It looks intentional. Sell the same clothes through different brands and price them as per brand value. awful and disgusting.
I am bullish on both in long term
I have sold my 50% holding today in both iag (202p)and easyjet ( 990p) at decent profit. Will try to get back if it goes down. I am bullish on both but not very confident on it holding at this price if travel is not relaxed soon. End of the day, the world need to recover from covid and not just US and UK for travel sector to boom again.
BofA said it expected a travel recovery for airlines this summer despite recent headlines about tougher restrictions.
Travel and leisure companies are cautiously optimistic about rising demand, the bank said, keeping IAG and easyJet as its top airline picks. After early problems the EU's vaccine programme will pick up in the second quarter, allowing easing of travel restrictions, BofA said.
IAG's summer bookings have increased since the UK government's travel announcement although most bookings are for last-minute essential travel. Spanish and Latin American routes are the strongest.
The company is ready to enter markets as rivals pull out or cut capacity, investor relations chief Andrew Light told BofA. The company is also comfortable with its €10.3bn of liquidity.
EasyJet bookings have surged when travel restrictions have loosened and is seeing interest in its 2022 programme earlier than usual, chief operating officer Peter Bellew told BofA. The company is not feeling fare pressure from competitors and is clamping down on costs, Bellew said.
BofA kept its 'buy' ratings on both airlines. It left IAG's price target at 250p and raised easyJet's target to £11.50 from £11.
IAG shares rose 1.3% to 196.15p at 14:49 GMT and easyJet shares rose 2.6% to 966.14p.
My 70% profit dropped to 50% in last few days in cine but topped it at 95p and 90p today. Lets see.
Govt task force submits recommendations for air travel plans
Got back in at 310p. Could not stay away for long after buying selling in January at 250p what I bought at 127p last year. . Hopefully it crosses 350p by mid April. Good luck all.
I hold cine and Iag ( sold 1/3 Iag today). Bought some Hammerson at 31p today ;)