Member Info for Skindle

Green shoots appearing maybe ? At the risk of using the term “bottom”, I wonder if we have just reached it.

In the last month it is clear that IAG has been particularly badly affected by the down turn. This is how we compare. IAG -20.32 per cent. FTSE 100 -8.36 per cent. EasyJet -8.99 per cent. Dow Jones -5.81 per cent. S and P 500 -3.98 per cent. American Airlines -14.55 per cent. Rolls Royce +24.76 per cent. FTSE 250 -8.05 per cent. United Airlines -13.28 per cent. Nasdaq +1.31 per cent. Quite why we have been so viciously marked down is puzzling given the reasonably positive final results. Short positions have not changed since 23rd February at a reported 0.67 per cent. On the 18th March 2022, IAG closed at 141.92 pence having reported a large loss before tax. This mark down makes no sense.

Talk2pkc, if you don’t know what a UT trade is, I suggest you give up buying shares because this clearly isn’t for you. Do some basic research before to spend your cash on something you know little about.

Russia and Saudi levelling up the playing field on oil prices. The west set a cap on the price of Russian oil so Moscow hits back using its contacts.

An eight per cent bounce won’t even take us back to where we were yesterday Lloyds. An eighty per cent bounce might pull most of us back into profit. Like a cruise ship with a dirty great hole in its side, we’re all going down !! If any of us manage to survive, Putin will drop some nuclear weaponry on us for good measure. I guess this collapse in the western economy is Putins way of imposing sanctions. Works for him !!

The bottom is in………until tomorrow when Hunt blows another hole in our wallets.

Citigroup has raised its price target for IAG to 195 from 185 pence. The irony of this wider market sell off is that all the banks were pleased to tell us very recently that they had all made multi billions in profit.

This sell off may be damaging to our wealth but surely the more serious issue has to be the rapidly developing Russia China alliance. This could be damaging to our health. I’ll share that taxi to Beachy Head Bobbins2.

This is a clear message from the major stock markets of the World to the interest rate setters. Stop raising interest rates or you will create another financial crash.

Hopefully investors divesting from banking stocks will deploy their funds into the airline sector.

So our economy grew a little last month because children actually went to school ! Unbelievable ! But our share price will still take a drubbing today because some badly run middle America bank completely unrelated to us and our economy is in trouble.

Your resigned tone suggests you are back in LloydsActuary. On a positive note Qantas are now at $6.80, eighty cents higher than results day.

By my calculation based upon the BA Heathrow passenger number of 61,600,000 (2022) and a fee reduction of £5 increases revenue by £308m !

Hope you meant 170 range Livestock.

Luis Gallego has a history of talking to the press when he is able to. The September 21 article in The Times reversed a serious share price slide motivated by fears of an impending rights issue. This weekend would be an opportune moment for Mr Gallego to release one of those share price reversing articles.

Many thanks LloydsActuary, the reassuring voice of reason. Well done for selling at the top. Are you back in ?

Thanks confluence, positive sentiment is much appreciated and makes me feel more comfortable with this current sell off, still painful though.

……and before you say it Sundezena, this won’t end up at 164 pence today. I spoke recently to brothers Rain and Wind Dezena and they both confirmed that while well meaning you were slightly misguided !!

There is nothing worse than watching the value of your investment decline for no apparent reason. By contrast Qantas is up over seven per cent this week and now stands at $6.53, three cents above its price prior to releasing half year results ! I now wish we had recorded a thumping loss before tax like EasyJet did, we would have been threatening the two hundred pence mark for sure !!

Yes you are right, the annual LSE Poscars, of which you are a proud owner.