Member Info for Skindle

Not sure I agree with that Danphonic. Netanyahu has said he will continue throughout 2024 and Putin is never going to back down. Iran through the Houthi’s are also looking to extend conflict. None of these matters is going to be resolved in the short term so this negative trend has some way to go yet. Hold on to your money, there is worse to come.

AC007, I still look at that Swingtradebot that you introduced to us some time ago. From three green lights and a red on the 2nd January, we had four reds by the 3rd. All because of a hedge fund or two, and our dreadful government of course !

While GLG continue to enlarge their short position, so far they are the only fund, that we are told about, working against us. In November/December 22 there were three or four funds each taking short positions, that hastily had to be closed during our meteoric January 23 rise. AC007 was correct in observing that the closing of those short positions last January definitely added to the increase in value. We can only hope for similar price action soon.

South east Spain will become our principle residence primarily for the warmer climate and the life style but we have dear Swiss friends of thirty five years living near to Baden so this was also a consideration.

My point is that the British economy and the stock market are inextricably linked, one reflects the other. The government have done very little to encourage larger companies to either list on our stock market or base their operations in the UK. Ireland on the other hand have encouraged investment and are benefitting from that policy. Fordm, you live in a very efficient country and I would love to live there but it is unaffordable without a Swiss passport. I am opting out of this country from April 24 and I can’t wait.

Share price - 159.1 pence ! FTSE 100 - 7,850. Dow Jones 33,375. That is the damage that this government policy is inflicting on our country !

I repeat what I said a few days ago -

“There is no safe level to buy at with this share currently. This drop in value was almost inevitable given our significant rise last January.”

I said this at the time in response to Sundezena extolling the virtues of buying more shares at around 156.3 pence. This was poor guidance and encourages investors to think that it is safe to buy when clearly our share price is currently in a tail spin and showing no sign of reversing. My advice is to wait this negative trend out rather than throw more good money after bad.

I gave British Airways one last chance – never again

Worth reading. It really sums up for me that Sean Doyle has done nothing to improve the company under his watch. I for one would be pleased to see the back of him.

My debt is in pounds Sundezena, much like most other people on this board. I agree with Fordm, this is a pig of an investment.

Despite the fact that we don’t fly these fundamentally flawed aircraft, you can be certain that our share price will be dragged down by those that do. D1ber, there is the surprise you mentioned.

Fortunately IAG do not to my knowledge fly any Boeing 737 max aircraft although I believe fifty are on order.

Bobbins2, a happy new year to you, pleased to see that you weren’t a jumper over Christmas and new year. Sorry I didn’t make it to your pubs, assume you don’t live in that neck of the woods now. Some interesting stats to start the year. American Airlines currently operate 953 aircraft with a market cap of $8.47b. Iag operate 558 aircraft and have a market cap of £7.20b.

There is no safe level to buy at with this share currently. This drop in value was almost inevitable given our significant rise last January. The question is how far will it slide before the bigger investors step in to turn it around. Maybe GLG saw it coming.

My concern is that the American markets are overdue a correction, and we all know what happens to the FTSE 100 and by association IAG if or when that happens.

Raises our target price to 210 pence from 175 pence, but still, despite the positive start to the new by the FTSE 100 wider index, we are still stuck in the mud !!

On a trip to Zurich via Gatwick North. Short stay car park sold out, youf spending like the World is about to end in duty free, recession ? Not seeing it yet. Happy new year to all investors.

I recall January 2023 with much affection. A nigh on fifty pence rise in four weeks to 173 pence but that turned out to be our high point for the year. The stock market is very perverse and rarely likes to repeat itself. Let’s hope we don’t suffer a reversal in January 2024.

Lovely part of the world Bobbins2, I’m only forty miles away, that meeting may just happen.

You are the solution Bobbins2. When they had you in their employ and they chose Sean Doyle above you is inexplicable. The BA website is still dreadful despite Doyle claiming to have fixed it a while ago. The man is a total dreamer !

One of the GLG Partners funds is a long short operation. Could it be that they are buying much more than they are shorting ?