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Shorters do we see 500 before 600 then :)
For anyone new to the board just don’t sell at a loss on the tough red days as long term this will go up.
When ppl are in profit each to their own taking a bit out as there are quite a few sleepless nights with constant swings so good to bring the average down whenever possible
Well done Mary I am saving my top ups for RR as has less downside risk atm.
Assume there is inside line that travel update will be good later for this big move up
I hadn’t picked up on that news stand so thanks for bringing to attention. Is there any article mentioning RR? - I’d assume they would be key supplier but always good for them to be specifically mentioned
Jim is there a news report? - can’t see anything new on RNS
They do have nuclear power but that won’t make them money for years and with COVID still hanging around traders all focussed on short term view. Once travel is sustainably unlocked then traders and also big pension funds will pile back into RR as risk profile reduces and they will also factor in longer term growth as well such as nuclear.
Falky agreed good things are coming but think we are back in that up and down swing phase again so worth taking some profit out around 110-112s then can reload when drops again.
I do still think the 112-120 run last month didn’t have a solid catalyst behind it so wouldn’t expect this to go beyond 112 prior to ITP Aero news end of the month or US travel opening up.
Travel updates today as well right?
I tell you what if RR goes back to 90 then IAG will be sub 100 again - luckily only have a smaller holding in there.
Seems US are stuck on travel corridor as Biden is now worried about backlash of trying a vaccine passport approach. He is in a weak position after Afghanistan so seems like he will stick to being sleepy Joe as long as he possibly can.
Blood in the water this week across the markets regardless of airline, pub, cinema you name it.
Just need to be patient and long term will correct itself
Interesting point on volume in the last week or two this has thinned out in RR allowing HFs to push the sp from 115 to 109. Just need a catalyst to get volume back and this could run up quickly.
Yes that is right i am on II as well just make sure you have money in your account ready for the day when it clears
There is the Bojo update later but unless some surprises already factored into share price. It is great we have a date for ITP Aero update at the end of the month so not expecting much change here till then.
Could be waiting a while for any news from IAG via RNS as they are likely waiting to see developments over next month e.g. travel rules change, impact of furlough ending etc. There next investor update on Q3 results is start of Nov so would expect confirmation either way by then.
Stick or twist on the 26th September then but this should run up now in anticipation hopefully
Well said Litt I was just getting frustrated as it seems this RI point becomes a thread day in day out without any justification.
Am sure if IAG has an RI there will be another wave of this RR RI sentiment again even though RR is a different beast both in terms of business diversification and cash position.
Mary I had a busy day so only had a chance to speak to my broker now and they said rights should drop in for me tomorrow.
Final close price ended up at 590 so 1p from exactly the same as Fri taking into account ex rights. Bojo updates should hopefully scrap traffic light and PCRs for vaccinated so maybe some light at the end of the tunnel
*RI
Thanks Casas for the response. My thoughts on the liabilities in the balance sheet are they are manageable as no material returns are required till 2024. ITP Aero will be the key unlock to take it of the table completely regardless of COVID. IMHO I just can’t see a RR happening as we would need another 12-18 of COVID like we just had which is not going to happen.
Falky don’t get wound up I have noticed a number of ppl will only post to get a rise out of you and never post anything useful on RR