Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
Buffaloben, sounds great. Every time I put some extra and it goes up, I leave it in anticipation of more profit and it basically ends up getting my average down :)
Robbyw,
Question for you.
How much profit or loss you have made by day trading in IAG in last few weeks?
I think IAG was easy to make money during April-Sep this year due to high volatility but it does not fluctuates that much now ( all shorters are gone for IAG).
Is that a joke? Tell me otherwise I can’t sleep tonight
Covid: Oxford vaccine shows 'encouraging' immune response in older adults https://www.bbc.co.uk/news/health-54993652
Announcement of successful preliminary results is due today, read in the news this morning.
I read in news that their preliminary data will be announced today. Let’s see.( source: daily express).
(Sharecast News) - Berenberg downgraded easyJet to 'hold' from 'buy' on Wednesday, arguing that upside is more limited because the shares have rebounded more than 40% since 9 November.
However, the bank lifted its price target to 820p from 730p to reflect better outer-year estimates.
"Vaccine progress represents an unequivocal win for any airline. However, wider anticipation for demand momentum suggests there is more scope for disappointment from easyJet as it continues to burn cash," it said.
"Management unsurprisingly noted that bookings have accelerated in the last two weeks. These inflows will prove critical in stemming the company's cash burn.
"This is likely only possible post-Christmas (into Q2), in our view, even though headwinds from vouchers are modest at £250m. We expect continued negative free cash flow through 2023, even after the company lowered the top-end of its capex assumptions."
Berenberg also said the case is building for equity issuance after the airline noted that it doesn't expect further large sale-leaseback deals.
"Our leverage outlook falls to 1.5x EBITDA by FY 2022E. This highlights easyJet's flexibility in both the timing and size of issuance, although we expect action as confidence in the recovery builds," it said.
Berenberg said it prefers buy-rated European airlines with lower cash-burn velocity such as Wizz Air, or those with more significant catalysts such as IAG.
castle, why no prediction now? a month back you were deramping with your predictions of 35p and 50p in every other post?
Detailed article
https://www.dailymail.co.uk/travel/travel_news/article-8958495/British-Airways-American-Airlines-Oneworld-launch-transatlantic-Covid-testing-trial.html
holding for long term ( 3-4 years), however if SP moves quickly to 225-250p in next few months then I might exit and re-enter later.
current holding at avg price of 128p
I started buying in April this year after crash and kept on averaging from 200p to 128p. Now sitting at 25% profit ( ££££) . Every time I saw posts from castle and wam, it encouraged me to buy more therefore I need to thank them for their sh*tty posts
160 now
True but this can change quickly due to positive developments. Let’s see
Hi All,
This is my first post on RR board, I am not a RR invester ( mainly invested in IAG). I am planning to buy RR shares once RI shares have been issued to the investors. My guess is that we might see heavy selling then. When is the RI share issue date?
I doubt Brexit deal news will have much impact of airlines but still better than no deal news?
Good to see that castle and George have swapped their position on IAG
Busy closing his short position...