Member Info for Scotty1238

Core cpi is the main metric and that fell from 7.1% to 6.9% that's good. A second drop is what's needed and then there's a solid case for this to tick up. I say second reading because in the past we've have temporary falls.

A sharp rebound in housebuilding index however probably implies confidence in forward peak rates

The BOE simply wants to create an artificial recession, they will keep jacking up rates until it happens. Ex energy cpi is just too stubborn. As a consequence the market is probably thinking that airline demand will suffer. Once the forward market prices in peak rates , is when It's highly likely we'll see this sp take off. I'm on the sidelines until I see this

Hey 007, yeah I'm good thanks ! Still in London, recently moved to a new shop so it's been a busy last 6 months for me :)

I've come back as I'm looking to get back into this SP. Gains have been incredible on US bourses

Short term I see pain not just for iag , for most of FTSE. Forward markets show that BOE are not done with rate hikes..I think there will be a lot of FUD around this and iag will get dragged with most stocks lower. But this is a solid long term hold

Been a while nice to see sund ramping as always:D

Hmm I'd slightly disagree loyds, if they were 100% hedged then yes. But they're not , it's a huge cost to profitability.

Would also say oil is similar to gas which political agendas aside , is driven by balances though yes broadly driven by wider macro health

What you unfortunately see here is a the energy complex retracting after a period of significant strength , this is mostly the same strength that has held the ftse up. Consequently you see the whole index down when this sector inevitably has a retrace.

Dips are attractive here. If we revisit low 140s I'll be back in this with reasonable size.

Trading places made a great post , read it. Iag is not a short term play , just be patient

* worried about

There are so many people here blaming the move lower on manipulation or whatever, seriously take your time to go through statements. There's nothing to be worries above

Debt to profit ratio is 3:1 which probably why the sp fell. But you have to remember IAG made some hefty orders , people assume debt is bad but remember what the debt is being used for. More planes and more capacity , greener fuel.

Mate , everything is down , broker targets hardly move share prices by much. They're always being revised.

Obvs not many of you have actually worked on a trading floor but for you to manipulate a stock like iag would be very unlikely given its market cap and stricter regulations

The manipulation comment had me rolling loyds , lot of people here that clearly have not worked in a proper shop ;)

Yea agreed loyds , baffles me that people in this forum behave in a way where if price isn't up only it's panic mode lol.. you have opps to build a further position should you wish

DB I'm interested in knowing what consumer demand looks like , I'll have to look at my bloomberg to see the global jet fuel demand picture. Looking forward to seeing the forward booking notes

Too young for retirement olsid but horah! Stonks are doing very well

No divis in 2023..and in 2024 there will be restrictions with all restrictions removed In 25.

Baffles me how some people try to figure things out when you can find this on IAGs public records lol..

DB if it makes you feel better I cashed 15k in at 130ishp before the take off haha , still have a holding but alas a gain Is a gain

Gavin provide something useful or shut up you waste of space

Sun,

I think its 153/ 40 not 20 but doesn't change the outcome much. Numbers don't lie ! Excellent approach

Also please please ensure that you buy and settle in the SAME currency otherwise you'll have a currency imbalance and they'll have remit to close positions. So for example don't buy a stock in dollars and settle in pounds , you should have an option to buy in £s and sell in £s. Currency imbalance can work in your favour if you have a view on exchange rates but if not then don't f around with it