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Do you think a rights issue is priced in? For me it seems like a tree shaking is going on then the big boys will move in and take the profit? I'm sitting on a 1.95 buy in, but plan to keep this until I get a good return. I'm usually OK at buying the dip but this is a boogy share for me amd rolls royce too .. I made good gains before this on deagio, sse, bp ... I guess we can't be on a roll all of the time. . But one thing looking at past charts on this share, when it moves is moves and canso in matter of a month.
Do they know somthing?
https://www.dailymail.co.uk/news/article-9926469/Gatwick-unveils-plans-second-runway-despite-plunge-demand-Covid-pandemic.html?ito=push-notification&ci=HbLcj6pdfV&si=32632977&ai=9926469
Yep iv just bought another lump... as sure as eggs this will recover.. jist been reading over the 3rd vaccine jab.. all good looking at the data. .. I look at it this way if we don't fly what's to live for? We all work to go on holiday yern to travel always have amd always will... But financially iag are debt ridden, but I do have confidence it will recover.
Good luck chaps
Iag are well capitalised... the cash burn will be getting offset with the uptick in business.. they have said all this before. COVID will not go away, but be contained going forward.. although I respect your opinion .. it sends bad vibe to everyone on here all this rights issue chat. If that's the case then they shouldn't be being air Europe.
This makes good reading GLA
https://www.google.co.uk/amp/s/amp.majorcadailybulletin.com/news/local/2021/08/07/87889/mallorca-tourism-balearic-flight-data-2.html
I hope this is the recovery in the sp... its been all over the place and I think governments are realising that we have to live with this covid and move on.. inflation will be the next thing to keep an eye on..
I think it will be reet... all these share movements happen with bp .. I think this share , maybe in time will come good . All it is with me I alway miss the bottom .. luck I guess. But as long as we all make a butty :-)
In the six months to 30 June, IAG flew 20.8% of 2019 capacity, as Covid restrictions continued to weigh. Revenue declined 58.2% to €2.2bn, with a strong performance in Cargo offset by a 72% decline in passenger revenue. Despite the overall declines, trends did improve in the second quarter with revenue up 77% from the same time in 2020.
IAG reported an operating loss of €2.0bn, an improvement from the €4.1bn loss reported last year. This was primarily due to cost saving efforts, which saw spend on operations decrease by 54.4%.
The group expects capacity to increase to 45% of 2019 levels in the current trading period, but passenger demand isn't expected to recover to pre-pandemic levels until at least 2023.
I work in the fuel industry and know for a fact how much more jet fuel is being delivered... iv said it before this share is a cert. Never mind the debt they have ..profits will pay that off in the future. The pent-up demand for travel is enormous.