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With London and South East going under new Tier 4 and new virus variant mutating much faster, what makes you believe SP will rise next week?
Don’t think so as long as flights are operating...
I have booked some profit and sold half of my IAG and bought Easyjet. Hopefully both have a good run in time to come.
There is no reason why it could touch 170, what has changed overnight? I know we would like SP it to fly but lets be reasonable. I expect it to more or less stay around 1% up or down
I am keen to buy back if falls to 200-210 level but I doubt it now
I sold all mine at 241 today, not sure why going up when london is going to tier 3?
I have a feel that US approval next week for Pfizer vaccine will also help lift IAG to some extent.
My biggest holding IAG followed by MAB. Fingers crossed :)
@Engineer
Castle broke up his partnership with WAM. So No more 35-50p, no more Second RI talks.
WAM is still around, he comes with a new name every day. If you see someone shouting at George from their very first post then that’s WAM.
I don’t think Brexit will help MAB much....
Hi,
Just wondering what everyone thinks of IAG price this month. The news of vaccine approval has not moved much and that tells me that vaccine is already accounted for in the current price. As US covid deaths and cases are at all time high, i dont expect transatlantic operations to resume any sooner. Apart from Brexit I am not expecting any other impetus to move price up. I am on a healthy 30% profit on my 19k investment and I am considering to sell post brexit news. I might buy back in Jan-Feb. What do you guys think?
I would guess 8-10% rise when vaccine is approved this weekend for a Monday rollout ( as per Telegraph).
300p and not 3p
Thanks Pete.
I only got in when it was at 220p and then kept averaging at drops.
My horizon is 18-24 months as I believe it will get around 3p when things are back to normal.
I might book some profit if it goes below 200p. The new lockdown logic is illogical to me.
Anyone tracking mab here? I am sitting on approx 50% profit on my purchase price of 150p. Should I sell and buy later if it is expected to fall below 200p?
Agree with deanmck. If you were holding for so long then why sell now. It’s only going to get better. Oxford vaccine has given slightly lower efficacy rate but who knows how much Pfizer and moderna will be effective in long run.Oxford vaccine will leave all other behind when it comes to cost and logistics (to control corona we need entire world vaccinated).. I think SP will now stabilise and be in this range 150-170p until after Christmas and then pick up in jan-feb next year.
With tighter restrictions announced for tier2 and 3, SP expected to fall 5-10% tomorrow?
I dont see this news this affecting SP anymore. 5 days quarantine on producing a negative test ( private test costing 150£) is bulls**t. People never took 14 days quarantine seriously and reducing it to 5 days will not help airlines either. I only see 2 news having an impact on SP either ways:
1. Vaccine rollout or delays
2. Lighter or tighter lockdown restrictions
I have BOO, got them at 249 p exactly a month back so nice 20% profit but agree I should book profit and buy at dip. Anyway, this is IAG BB and why I am discussing BOO