Member Info for Paddyboy1

Noggers i missed out on Monday's fall due to being out & about. Should've bought first thing Thursday after RNS. Point i suppose i'm making is, it doesn't really bother me as it will rise up in the end. If you genuinely thought it would retrace you would sell & buy back cheaper, so would i! We both know it's a very risky strategy. Personally i think it might dip a couple pence on opening, not much more & could quite easily finish tomorrow in the 140s.

No BB comments drive any SP down. Sentiment in shares drive SPs down. There are no positives in IAG @the moment only more negatives. Weekend news: Easyjet 'hanging by a thread'; RI undersubscribed. Not a buying signal for Monday morning is it?

35-50p, i imagine if there's no positive news between now & 7th October then they could in reality freefall down that badly. An undersubscribed RI will be yet another negative message to the market that even existing shareholders lack confidence in the stock. Look what happened to shares on 19th March. Would be a bargain buy at those levels, if still a bit of a gamble!

i'm quite happy for this to fall, i want to buy some more before 22nd October!

i think it's obvious that the RI will be massively undersubscribed as anyone who requested more shares than their allocation has been given them. This will leave the underwriters with millions of shares. Maybe they will hold them as a long term investment!

Noggers, yes a bit naughty seeing as the recording was apparently made a few weeks ago. Nonetheless we all know that the market will react negatively & airlines will no doubt get trounced as if they not been hit bad enough already. I have sympathy & am just glad i got out of IAG in time as some peeps are seeing their investments almost wiped out. Glad i got in here & while like yourself i bought in a bit too high, i'm confident that with patience, & less bad news we'll both see a nice good return on this!

Airlines getting hammered at moment. Some peeps losing horrendous amounts of cash over on IAG. So glad i got outta there & into this little lifesaver!

i agree with Teddy, i was in on this share with quite a large holding when it was @240-250. i watched the SP collapse right down to 159 & averaged my holding down to a breakeven point at 210-215. When the RI was announced i realised that was enough & luckily managed to bail out @215 without too much financial grief. I tried to explain on here how the RI was going to pan out here a couple weeks back but was called a deramper. Fact is what i said then has turned out more than true. Point is, i, & i'm sure others still have belief in IAG. It's a good company, however the current situation makes it a difficult investment. There should be no issue with people on these boards making predictions, however ludicrous they may sound. Personally i will look at buying back in here but only when all the RI shares are issued & in circulation. Only then will the true SP begin to emerge!

typ3, if you didn't want your RI shares you were allocated nil paid rights according to your holding which you could have sold on the market. If you did nothing either your trading platform would have sold them on your behalf or you will have lost them altogether i'm afraid.

Hi Newbie, think i remember your name from IAG. Hope you not been too punished by that debacle. Luckily i got out just before all he RI stuff. Made no mistake getting in here. The interim results are on 22nd October & that will be a nice green day!

I wonder how many of the names on this board will still be here when this hits 200. Not many i think most will flip out before then. Each to their own!

st10, the problem here is that after today 'all rights will NOT be cancelled' they will have to be bought by the underwriters GS & MS who will no doubt plonk them all on the market on 7th October!

Noggers, you seem to panic on the slightest dip. In fairness you kept your nerve & not bailed through all the relentless falls. Today is opposite of dead cat bounce. Share has super green day then bit of profit taking etc so slight dip back. I expect this now to trundle up slowly in the green. No major moves till the interim or CEO RNSs. Should be firmly established between 140-150 by next week. Keep the faith & be patient.

agree with that. Also don't be fooled by a share being at or near a 52 week low. That means nothing in this climate. They can & probably will go lower!

I'm looking at BP, ITV, L&G, Taylor Wimpey (all looking quite appealing ) RR-risky one. Holding fire at moment as all on downtrends

haha, yea Teddy i'm same. You deffo made no mistake getting in over here. Was always just a matter of time before this started the harvest. yea i'm keeping eye on BP as well. Will put a chunk in there at some stage. got a bit further to drop i think. There's loads of good, cheap shares at the moment but i'm loaded in here so will only go fairly small time on the other stuff. IAG for me is really uninvestable now. Bit of a casino bet sub 80p i guess, bit of a day trade type job perhaps. wish i'd never invested in that one at all tbh. worst gambit i made in shares terms & lucky to come out in one piece. Lots of warfare on that bb now!

Yes valueek, i was thinking the same about Finch's departure. He was there for 10 solid years & did a wonderful job. A lot of fear among investors as to how the company would perform with him gone. This RNS will silence the sceptics for sure!

Teddy, i thought you were going to bail outta here back to IAG the other day. LOL

that triggered a few sell limit orders i imagine!

the UK market is really small beer here. Mostly Government backed anyway (WM/Dundee) intercity coaches will probably be operating at breakeven or small profit. The interims will show a nice return to profit. so another green day in a few weeks. Who said Cineworld was the double bubbler on here?? LOL