Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Total nonsense the share might fall a bit as people may have had this as a checkpoint but I doubt it.... people are not crossing the road people are mostly not bothered .... seen the beaches in the news....life goes on.
Think people need to switch their focus from the coronavirus to recession mode as things re-open, it's widely expected that the air bridges will begin to roll out end of june /july, this I feel is priced in, nobody is going to be that surprised are they? And there is a small chance that it's later July/Aug.
For me the rises we have seen have been way too quick and unrealistic given what economic impact we are facing....
I personally think the bubble has burst and stocks are going to retrace back to more realistic levels, the thinking of £3.80/4 a share when air bridges are announced I think is too good to be true... the rises where built on hype...I don't think the reality has set in yet for many.
On the more optimistic side I do see a rather quick recovery compared to 2008...however with lots of jobs across many sectors being cut how do people think that's going to impact the economy!?
I sincerely hope I'm wrong and we see the greatest rebound in history... somehow I have my doubts... IAG circa 230/240p as much as it pains me to say then we will see it hopefully start to return :( .... that's assuming there really is no significant second wave and restrictions don't linger!
As optimistic as I am the recent rises across the board had me in disbelief, I suspected there will be a retrace...all too quick in the time.
What caused the drop was a worldwide pandemic we didn't have much clue about, mass panic ensued, we are a long way from that situation now nations are emerging oil will be in demand.... whilst we could certainly bob around a bit with the ftse100, the trend is upwards now very bullish sentiment many stocks are still very buyable....
re: taking families abroad, yes they are and will many have had their holidays books for months before all this, a holiday is a big occasion for many families and they won't want to lose their summer hol's, the 14 day quarantine period will be axed by July and replaced by air bridges, already talk of this it was a political move due to complaints people where coming off planes and using public transport....no way they are gonna handcuff air travel and tourism all summer too much financial impact.
Sell @338 that was a mistake 340p has been breached already, its obvious this is heading over £4 witha little time...as recovery continues oil demand will increase as industry is firing up...oil demand will increase prices will rise, and OPEC will ensure it does rise....
Great recovery stock that I feel has been overlooked by many, Im in @ 311 ish after some averaging down, for me it's plain obvious that this stock is going to rise up as things return to normality and oil prices rise on demand... looks like we are about to hit the first goal of 330p hopefully then 350p then my goal of £4... even longer holds may see £4.50! I'm happy to hold for a few months, a more low risk bet this one...good luck all!
p.s if your in at the low prices and planned to hold, do so! these movements won't much matter it's risky to play but if you short and are on the fence whether to buy or return I think I'd hang on for a bit....
Dunno about de ramping , I think it's just realistic for there to be a bit of a retrace after a big spike once the positivity has been digested which I'm very pleased to hear ''said positivity'' , and hopefully there's plenty more soon whatever way for sure I agree if your going to hold long term I see these taking an even more handsome profit , very tough to short shares accurately can easily make a mistake... What is apparent is the typical human behavior when it's going good it's gonna stay like that, when it's going bad its gonna stay like that see it hear and across neighbouring boards :) ... things change... I don't wish to de ramp at all this could equally climb on to £3 in the next week or two and I genuinely hope it does I have a bigger vested interest , but for me my money is on a retrace to £2.30 unless something else bolsters the price...and just looking there has been a pull back slightly.... Good Luck to All
I do sense a bit of a retrace is potentially on the cards for Easy and IAG as the positive news calms down, maybe later on in the week or next week...but equally could just carry on marching up ultimately I think EZY is £4.50 plus and IAG 260/270p in the not very distant future.... longer term much higher again, if willing to hold a year or so plus.
So did I and easy, regretting that.....