Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Morning Bobbins2. With your newly discovered genius, will England win the next three test matches to steel The Ashes from the arrogant Aussies from down under who have run a coach and horses through the very spirit of cricket as we know it. If you can be certain I will pawn all my worldly goods and stick it on a 3-2 victory.
In my opinion, the completion of the share buyback will make little or no difference. The market makers have however pledged to lift the price by at least ten per cent if Bobbins2 admits a secret admiration for Hobknobs, much like the secret lemonade drinker of old !!
totally agree fordm. i’m supplied by thames water, they replaced the stop **** in the road at the top of my drive but that involved five different teams carrying out the process. huge labour cost, no charge to me ! at least iag are allegedly reducing debt !
Hi Fordm, I take your point on the Blackrock Larry Fink thing but if they really wanted to drive the IAG share price down surely they have enough financial clout to open a massive short. Instead of which they closed there tiny short months ago. I still think we are doing nothing more than tracking the FTSE 100. Our price proved to be quite resilient despite the sliding FTSE until Friday afternoon when it finally succumbed.
In the club lounge at T5 now, tatty, dirty and crowded. What a soulless experience checking in was. No staff anymore, just touch screens and the odd overworked surly BA rep trying and failing to respond to traveller needs at the screens where “the computer says no” to coin an old comedic sketch. Gone are the days of the smiling check in staff making you feel special.
This is lifted from that Cityam article that Livestock provided the link for.
Separately, ratings agency Moody’s upgraded British Airways’ owner IAG’s outlook from stable to positive, stating that “current positive trends, including strong bookings and yields for Q2 and lower than expected fuel prices, will lead to stronger credit metrics for IAG in 2023 than previously expected”.
The outlook is now very positive from all angles although I suggest Liberum were wearing rose coloured spectacles at the time of their forecast upgrade. Despite this positive sentiment the share price continues to struggle, every penny is a grind taking hours to climb a penny and minutes to drop two ! This type of narrow band price action is so frustrating. It brings to mind that saying about St Ledgers day !!
Hi Sundezena, you were not wrong on this occasion but there is very little in it. Could I ask you to temper your endless optimism with a drop of realism please. At the moment we are seeing lower highs and lower lows intraday, I really hope this worrying trend reverses in the short term. Currently we are above all moving averages except the five day.
Forget the average weight Fordm, cap the weight at say one hundred kilo’s per passenger including luggage. Much easier for the airlines to calculate. There has to be some consequences for being over weight. This nonsense about glorifying and accepting obesity in society is not good for the health of the nation.
Hi Bobbins2, very valid points. Our house is currently under offer and we are seriously considering leaving the UK for good. This disastrous Government, the shockingly inept Bank of England and this crazy liberal society where it is not an offence to walk down the middle of Regent Street and hold up traffic to make a ridiculous point. Added to that virtually six months of dreadful weather in South England is enough for us. If this sale progresses to a successful conclusion we are joining Fordm in heading out.
That does make me feel better Fordm. I hold Switzerland in high regard as far as economic management is concerned. Swiss inflation is much lower than the UK however so they must collectively be doing something right.
There is nothing wrong with the majority of airlines, our problem now is our current incumbents in Government and at the Bank of England. They really have elevated themselves to a new level of incompetence. I am astounded at how appalling their forecasting and management of our economy has been.