Member Info for RogueRiver

You are best just writing-off this holding in your mind. If, by some miracle, it turns around, consider it a bonus. If you hold a balanced and diversified portfolio of equities, this will just be a bump in the road. If you don't, perhaps you should learn the ABC of investing.

You can argue semantics all day, but Chapter 11 is most definitely a form of bankruptcy (aka "reorganization bankruptcy" .
Okay, so it isn't liquidation, yet, but for shareholders, the result can be the same.

The recovery for airlines is getting kicked further into the long grass. Just as airport operations return to normal next summer, the cost of living squeeze and increased fares, not to mention many people's very negative experiences of flying (or not flying) this year, will most likely put a damper on passenger numbers. That means no meaningful recovery until summer 2024. If Rolls Royce can tank to 80p, IAG certainly can. I think we'll see 90p before 150p.

And Debenhams and the Sirius Minerals de-listing: More like a Marrakesh market square than a serious discussion.

£4000,000,000 is an awful lot of popcorn to swallow.

I think you are being a little oversensitive. This is headline news and probably of a matter of interest to anyone who invests in shares. Also, this is a public forum. If it bothers you that much, look away.

Hindsight is a wonderful thing. We have all made poor investment choices at some time. You just hope the good ones will outweigh the bad. If you have followed the standard advice, to spread your risk over several sectors and companies, you'll always live to fight another day.

Unfortunately, this BB has the whiff of a few others I can remember: Debenhams, Flybe, Sirius Minerals et al. I doubt it will be here for much longer. GLA

@PhoenixRising53
That was my reasoning, but after nearly 5 years of reinvesting all the divis, I'm still well down. Let's see what the next five years bring - hopefully a PE offer. Failing that, I might just be up after 10 years, but at this rate, I would probably have earned more by putting my Wimps investment in the Post Office.

There we go. It took just two weeks for the dog share of the Footsie to get back to sub-120. I wish all my holdings were so predictable.

Atome continues to sugar the President energy pill.

I love how the SP can climb 10%, but the bid price steadfastly remains at 98p.

I should clarify that the people to who I am referring have mostly flown long-haul this summer - and hated it (myself included). IAG’s balance sheet is dire. Its debt-to-equity ratio is a remarkable 2,000% - and its short-term assets can’t cover its short-term liabilities. Its Q2 profit was not enough to cover Q1 losses. With all the recent cancellations Q3 results probably won't be all that bright. Further dilution certainly isn't off the cards.

Most people I talk to have gone right off the idea of long-haul air travel, for at least a couple of years. Just as the big airports start to get their act together, the airlines may face a dearth of passengers, from the combined effects of recession and travel aversion. I think IAG will avoid collapse, but it may well face further dilution in the next 12 months. I think we'll see 90p before we see 150p.

Nice to see a firm rebuttal from Glaxo. As I said before, the sp(s) will probably return to recent norms within a couple of weeks.

I think steven49 has 3 or 4 stock posts that he simply copies and re-pastes here. If I had a pound for every time he posts "seller still selling", I'd be rich. Alas, I probably won't get rich holding President either, but the Argentina results are not bad at all.

No surprise that the sp has rallied on the Russian sale news, given that the disposal price of £1.5B represents around 20% of the market cap for the entire company.

I was really tempted to buy into SMT, but I wouldn't touch the grossly overvalued Tesla (SMT's largest holding) with a bargepole. Instead, I bought PayPal and Amazon, both of which have shot up in value over the last couple of weeks.

Haleon has no connection with or liabilities regarding Zantac. As I said, random drop.

Given that even the market reports have not mentioned or explained the fall in Glaxo/Haleon, the reason would appear to be random. Best just wait it out for a couple of weeks - and they will return to recent levels in due course.

I've held LGEN for a while now and love this share for the divi. Its laggardly sp does make you wonder, though, if the market cap will ever take off anywhere near those circa 400p projections.

Not that long ago, Breedon was, for nearly a year, the top gainer in my portfolio. These days, it's just another footnote, albeit I'm still 7% up. Doubtless the market cap will recover, once construction activity returns to normal. Meanwhile, we can probably look forward to its languishing in the usual 60-70p range for the next couple of years. The only silver lining is the divi.