Member Info for Paddyboy1

table legs been pulled away on this one now loads tied into buying the RI. could go anywhere next week!

Government assistance will probably be bad news for PIs. More share dilution!

All these gong cheap so people will decide where is the best option to put my money atm. IAG won't be high on the list i assure you!

keep your IAG, Lloyds, RBS, BP. I love this share!

Solar, he could do that & make 8p profit on each discounted share, but if he bought his original shares at say £2 he would lose a £1 on each of the 2 he needed to get the 3 discounted ones in the first place!

like with all advice/guidance given by this atrocious government during this pandemic everything will just be ignored & they've cut police numbers by so much, noone to enforce any of it. All a farcical debacle. Life goes on that is it. people will not be cooped up against their will simple as. The stuff these politicians are spouting now is just lip service, nothing more. mini rant over!

this share is doing well today. what's everyone moaning about?

i understand the point you're making luddite & agree that assuming covid is sorted out this share represents reasonable value. The problem with the RI for me is that it makes it difficult to invest, knowing that in couple of weeks time when the discounted shares are fully traded an absolute glut will be sold on the market pushing the price down further. I find the share uninvestable until after that time when there is some certainty about where the SP may be settled!

the price will settle somewhere between the original perceived TERP of 130 & discounted price of 85p. Around 105-110 i think.

Luddite, vested interests will push this price up & down at will to suit their own needs, always at the expense of PIs. They did it pre RI. propping the price above £2 when the news at the time should've dipped it to 180 minimum. All to keep the proposed RI price high as possible. Same thing happening now. Keep price high till most have bought their rights, now allow freefall dip. I have no issue with IAG as a company. Post virus i hope it will thrive. The vested interests here are really quite shocking in my view & it is really quite bad that lots of clearly inexperienced investors have been sucked into this!

Calamari, the manipulation has continued into this week to encourage people to take up rights. Those who have will now just watch their investment fall before they can even sell it!

the price was being propped up all along to fatten up the calf for slaughter. this has further to fall yet i assure you. call me a deramper if you want but i had a large holding of these shares & got out because of the RI & the manipulation going on here!

The SP dip down was almost inevitable without any huge vaccine news. Offering a deeply discounted RI at a time like this is crazy. Obvious that lots of takers of the discounted shares aiming to sell on first full day of trading for a profit. The market is just preempting that & adjusting accordingley!

looks like a huge 3m sell after hrs if i'm not mistaken. Not a UT either

nothing much happening to SGC or FGP, RNS tomoz i reckon!

i think Jacob sold a bit too early!!

Some people will call me a deramper here & that's fine but i was hugely invested in IAG up till few weeks ago & bailed out to avoid all the RI stuff. IAG is a potentially great long term investment & i'll potentially buy back in when the RI stuff has all settled & the true price prevails. Problem here as i see it is that once all the fully paid rights are trading, lots of people who emptied their bank accounts to hurriedly buy the discounted shares will look to sell huge chunks back immediately & pocket the difference between the discounted price & the market price. There will be a glut of sellers which will send the price falling. Maybe i'm wrong & everyone plans to hold their shares for years to come but i doubt that very much!

for a change today started on the dip & on the up toward the end. more greenery today i hope!

NEX's gearing levels are of no concern to me!

good response Super, Noggers, debt isn't necessarily a bad thing & that is what the markets care about. If debt is used e.g. for acquisition that is seen as a positive. for (e.g. BT) paying pensions then it's a negative black hole. All companies have some debt. It's how leveraged they are which ultimately determines failure or flourish!