Member Info for oogleflugal

Credit Suisse. affirm £4.20 target , Being Swiss of course they would. Come on then

Berenberg Bank reiterate underrated £1.75 fair price. Amazing the influence these analysts have. £1.22 low yesterday and nearly 10p up. Markets are very strange at the moment, with airlines up and down like airplanes I guess. Must be banks turn to up next if somebody can think of a ludicrous enough reason!

The very mention of phrase 'trading update' strikes terror into the investor! It could good FFS!

Another consideration is last years offer of a buyout from US property firm being rejected. Although an increased offer was being considered nothing more materialised. Maybe kicking themselves now because the price is likely to be a lot higher if the deals in the pipeline do materialise

Neither does anyone else. Tried to breakaway from very narrow Bollinger band since the last news. Confident CO predicts more such deals this year to further enhance group. Has put money where his mouth is . Probably fairly valued till the next deal signed. You have to be in it to win it. Short term market is jittery unsurprisingly . Longer term looks like a very solid investment.

Whoops! LOL. That'l explain all the fines coming in now

Now is as good time as ever. Now always is if you are thinking of investing. The sp is 'depressed' If you are thinking of selling within a few months then, no. It may well get cheaper, it may not. Liklihood is it will meander until Brexit. As nobody seems to have the faintest idea how Brexit will effect the economy, because after 3 years of negotiation we still don't have a clue what the terms are, it is impossible to predict. It could be ok . Our trade secretary was pleased to announce he has secured 10 top trade deals with counties such as the Faroe Isles. Wow! Could buy a few and top up later whether up or down. Good to get a mix of shares. Nothing is 'safe' anymore and all carry 'risk', but Lloyds is still mostly government owned, reasonable dividend. Banks have had their wings clipped. Lloyds bought a packet of trouble in Hbos which still haunts. After ten years one would have thought the air would have cleared. If Blanc had not done Brown the favour of blindly buying HBOS the sp would probably be 3 or 4 times what it is today, or the whole finance system may have collapsed. Hard to see it as anything but a huge drag. It could help momentum eventually but going to be slow progress as it is for all banks. So it depends what you are looking for. A slow burner with better income than savings account, tick . Quick buck? definitely not.

Waga was a deal they had to do and it has already proven that it will enhance the group enormously. Which is why they bought it against 40% shareholder disproval. The most recent update was that trading was inline with Wagamas strong resurgence, rather at odds with the view of 'empty tables and too few visitors' based on what?. RTN was seen to be the best placed group to carry out the previous owners plan to expand that brand globally, as well as converting existing restaurants to Wagamama.Two recent analysts have viewed that the RTN is 37% and 47% undervalued at a time when the sp was nearer £1.40. With the likelihood that interest rates remain low and downward pressure on retail rental I think there is reasonable shot that they can pull it off. Its ambitious and won't happen overnight, but so far the takeover has proved a better move than not to.

or the end of today if the fund managers get back from lunch

o bother so we have to get a 210 Spanish tax form in the unlikely event we make a profit! and its listed in US via Deutsche Bank.

Walsh has already stated that Brexit will not effect IAG. I did not know this was dual listed. Cant see the point these days as it is much easier to deal on any exchange and it costs to be dual listed , quite a lot!

about ten years of patience so far! Markets do get very sore about things and the reputation of banks is still justifiably very poor. But there is value here. If Victor Blank Czech hadn't gifted Lloyds to Brown to help out the mess of Halifax and Bank of Scotland there would be a lot more value of shareholders hard earned cash or the whole financial system might have capitulated.

The airline's passenger numbers so far this year are up 5.7% to 4.272 million from 4.042 million the same time last year, IAG added.

IAG's overall passenger numbers increased by 4.1% to 10.378 million in May, while its load factor rose from 82.7% to 83.2%.

The airline group also owns British Airways, Iberia, Level and Vueling.

Passenger numbers at BA were up 2.4%, while the number of people carried by Iberia increased by 4.8% and Vueling statistics rose by 3.4%.

IAG's recently launched low cost Level service saw a 544% increase in passenger numbers in May.
Hard to understand how this is worse than when the sp was at £5.50. growth too slow ? Worries about the big div?

Apparently they don't hold any in treasury so heaven knows where they went, a whole 7000 share buyback. Are you listening Vodafone you could learn something here!

There has been notable institutional investment last month. The new man from the HBOS isn't due till August. Questor mentions that its going to be tough and sites Jamie's Italian as an example. It isn't. Jamies has been struggling for 3 years, not because the food wasn't excellent, the staff were brilliantly trained. They failed because you can't really expect to go national on 40 quid a head chain. Wagama is a completely different model. Excellent nutritional tasty food at a very competitive price. Easy to drop in for quick meal whilst out and about and great for families and good attention to allergies and special requirements. Beer a bit pricey but hope they keep the free green tea!

May figures for passenger capacity. Hopefully some better news on profitability too

Incredible. These are the professionals? Absolute joke. Better keeping your money in a 0% interest account over 20 years

All about earnings forecasts. 2019 is flat. Many budget airlines are struggling and no doubt more will go to the wall. IAG will eventually benefit from the shakeout. It is a screaming buy, valuewise but not by other measurements. As you point out the fundamentals are strong. Sentiment is not and that ultimately drives the market. The biggest mistake for an investor is to insist the market is wrong. It gets oversold and overbought but the market is what it is.There are many screaming buys of which this seems one of the strongest but we have to get the other side of Brexit, trade deals, not to mention half decent leader! We are experiening the effect of a correction of the ludicrously overpriced US market too. Whilst he FTSE hovers around its previous record high of 20 years ago, i.e. 0% gain, the Dow is still 100% up! Plenty of buy opportunities coming over summer . Patience is not just a virtue in this game but an absolute necessity GL

If you look at the charts this looks quite normal trading pattern and enabled me to hop aboard as I had intended before the recent rise!

Perfect storm scenario is the best description. No credible party to run UK. Trump threatening trade and physical wars like John Wayne in a shoot out all over the place. Oil price on the rise. UK Airline shares all falling for fear of passenger numbers declining. An extraordinary anomaly between the Dow Jones and the FTSE valuation. Some financial institutions will be obliged to take more of a cash position in the current geopolitical crisis by law. Simply more sellers around than buyers and plenty of shorting, a practice that even the C of E admit to using. Germany tried banning it but found it made little difference. Simply more sellers than buyers at the moment. That will of course all change in time question is will it be months or years? Classic volatility which can occur before major corrections if one is coming. Impossible to predict with so much uncertainty. I just keep monitoring where value looks best, buy a few more and then they seem to get cheaper ! I was always told to leave room to trade. Quite difficult to do in a falling market which I guess why shorting has become a normal part of investing for many.