Member Info for Redrichmond

Im going for a cyber attack....NHS and now BA..... It had to be... BA has computers all other the world not just in one place.... I have worked on Disaster recovery projects and ones where you restore a complete system from ground up and BA reasons dont make sense..... If people can believe planes can be controlled remotely or systems hacked people wont fly..and shares will crash. This is the biggest coverup... I want to buy into the cheap shares but will wait now a long time...

Taken from the guardian advert-------- "According to a report in the Times, SSE and UK Power Networks, the two electricity companies that provide energy to the area in which BA has its data centre, denied there had been a power surge.----------- The real problem, said Matthew Bloch, managing director of Bytemark Hosting, was not what happened when the power went off but what happened when it was turned back on. He asked: “When was the last time somebody test-rebooted a crucial database? Or executed a procedure like restoring a server? Was there pressure to say it’ll only take an hour when it’ll really take a day?”

Very strange though. Total news blackout Normally you have some poor bod on the news from the 3rd party company responsible saying it was him who caused it and hes very sorry..... Power outage from a local area. Most power companies have outage maps...so you should see them?? In my bones the more I think about this more weird it seems..This system Wont be run off a 50hp honda generator.... No staff talking to news channels except mr cruz... Put this to bed once and for all mr cruz ... Put a bounty on the indian IT message boards of $500 for any real information (internal memos or such that would explain the truth)... Maybe he is telling the truth???? But something just doesnt addup... I dont want to invest large sums in shares for IAG if this is a big coverup and in 6 months or so we will have a massive dive if something is revealed

Look at june 2016 ,it took 4 months for the dust to settle after than rns. Let it settle and plow back in after the summer ,Im going to and hold for the long term (1 year plus) Seems vueling is the only one losing IAG money Some caution is needed as this share is being shorted by the industry, so Keep an eye open on the ft site or elsewhere.... Friday 28th July, 2017 are the half year earnings report so depending what comes out of the next month the week of the 17th of july will be a good time to pile in

15 years in the business and im the same.. BA need to give more detail What if a months down the line this is investigated and a fine/enquiry happens. Shares will get a hammering.. Saying that,valuing it using a Benjamin graham rule of thumb comes up with sky rocketing share price of 2800 so its still hugely undervalued

I wonder if the drop is related to the ex dividend date of the 25th (thurs) and then with US holiday on monday Good time to pump in more on the dip

My graphs are crying today "High Pole Warning. The high pole warning is given when a chart rises above a previous high by at least 3 boxes but then reverses to give back at least 50 percent of the rise. The reversal implies that the demand that was making the prices rise has given way to supply pressure."

Something doesnt sit right with me Some huge institution sells of £5 million late last week and then some rubbish that a power failure brings down your system, having worked in IT for 15 years this doesnt happen. Very fishy Look at June 27th 2016 a profit warning sent shares tumbling 20%.. Somebody knew this was going to happen I think I think there maybe have been PUT option betting this would go down. Just think if you knew you would be minted LSE needs to suspend the shares on tues

Litigation funders queue up to hit banks https://www.thetimes.co.uk/edition/business/litigation-funders-queue-up-to-hit-banks-qgdr9xzlw?CMP=TNLEmail_118918_1770775

3rd party litigation still illegal in Ireland. With brexit and the so called exodus of PLC I wonder what ,if any relevance this has https://www.cdr-news.com/categories/litigation/featured/7304-irish-supreme-court-rejects-litigation-funding

For such a massive market cap its still largely undervalued. Litigation funding is Still in very early days. It will take years but this is a hold for a long time

Over a hundred banks and financial institutions were involved in 78 significant cases in UK courts this year as banking litigation grew by 37 per cent compared to 2016, The Lawyer’s latest data shows. https://www.thelawyer.com/issues/online-may-2017/bank-litigation-soars-37-percent-q1-2017/?cmpid=dnews_3419131

It seems that the whole legal changes could be state driven rather than government driven. In trumps 1st government term he wont meddle.Coming from qualified legal background,this is a hunch. Any change would be state driven and would be different state to state Onwards and upwards..

Victoria works as an associote proffesor at Havard law school and sits on american society of international law. Im going to contact her on her thoughts of the future and find out more detail,any such law changes are sure to hit profits

Litigation funding has enjoyed a long period without heavy regulation. The main reason is because pre-settlement funders advance cash to plaintiffs waiting for a litigation payout. This allowed them to charge payback rates that would be considered usurious if the cash advances were loans. However, they are structured in such a way that ensures this is not the case. This has meant litigation funders in the U.S. could avoid state banking and credit regulations. Litigation funding expert Victoria Shannon Sahani believes this could all be about to change. Eleven states have adopted laws regulating some aspects of the business of extending cash advances to plaintiffs awaiting settlement payouts. The Consumer Financial Protection Bureau has also started investigating the industry. In the past several months, the federal agency has claimed authority over three litigation funders. It’s not yet clear exactly how deeply and broadly the CFPB wants to regulate the litigation funding industry but regilation in some form is coming --taken on may 8th 2017- http://www.legalreader.com/litigation-financing/

Like BUR its long term and like BUR they own the market. Takeover target really. 56 patents and nearly 100% screading market share. In the past I have sold out to early , I will hold minimum 1 year now. Wont talk here as this is for BUR

To be fair I have never listened to any broker in my life as 99% are being paid by the institution in some form or other so unless they are completely dumb they will never say sell. Grahams rule of thumb is giving 1666 at the moment using the following calculations from the last company accounts Assumptions The company's current normal earnings per share are:0.50 $. ---- The estimated medium-term (5-7 year) EPS growth rate is: 17.38 %. -------- The growth multiplier is: 1.5 ---------- The yield on 20 year AAA corporate bonds is: 3.25%. Read also about "point and figure charts". These dont lie. I make a nice sum catching the uplift on BUR this week and top skimmed into SOMero enterprises

$0.60 US

Thanks for that,I should have checked

One of the items approved in the AGM today They did a placing in 2010 to raise funds There could be another in the not too distant future,not sure. Piled in again at 767. I should throw my phone and internet access away for a year so Im not tempted to sell and ride it out ------ Special Resolutions 9. To authorise the directors to allot shares for cash without making a pre-emptive offer to shareholders (subject to the limitation set out in the resolution)