Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
IMO the moneyweek article regarding a RI has subdued IAG. We’ll have to wait until results now(unless usa covid numbers fall off a cliff). It will be either a rerate up, if they are good, or we are in the 200-230 range for quiet a while.
RI or large burn rate, this will retest the under 200 level. Wait and see short term & long methinks.
Hopefully the sentiment in the market will remain. We could do with breaking through this “mini-resistance level” of 232. There might be a run up prior to results. But the results are the medium term, make or break for the share. Bad we may well be stuck at these levels, neutral or good and will be away.
Expect us to bounce about here prior to the results or positive flight information.
Well nearly 2% up today. Over the next few uncertain weeks, a series of little gains, couple of times a week will do me.
IMO the USA & South America have at least a month before any concrete steady decline in CV numbers. So baby step gains will be very welcome and the likelier scenario, than £3.50 by the end of July. This is a 18month-2year turnaround IMO, but there will be money to be made.
GLA what ever your tactic is.
Afternoon all, Just on board for the first time today at 44.20.
Read back through the threads and looked at the RNS before doing so. Seems like an interesting play, the new finance should cover the company for the next 18-24 months. In which time, hopefully, travel should be ok & with energy side producing finance too, there Seems like theres a possibility this could slowly rise from the ashes? So popped some recent profits in here. Should be interesting. Have a good evening.
Difficult days for the BOD. Had to be done I’m afraid.
Capacity will be cut across Europe, resulting too many airlines, aircraft, pilots and crew. But BA has potentially excellent slots, lower fuel charges, higher seat prices(?) and, with redundancies to one side, a lower cost of operating. There will be money to make in this space, sometime, so its a wait and see.
Difficult to see what the s.p will do tomorrow?
I only own two shares, this and BARC, which are reporting tomorrow. Whats the chances eh???
Could be “ The best of times or the worst of times”. I have no idea. GLA
Evening all.
The head of IATA was on Bloomberg earlier taking about the industry as a whole. Worth a listen.
IAG will be there in some form after the pandemic. Yes there will be few passengers, but there will be fewer airlines and fewer seats to fill. So some airlines will be profitable in the future. It will be us who will pay for all this by paying higher prices. If IAG is there, which they will be, they’ll be profitable.
How long? Well the boss said a few years. Not gonna argue with that.
As for tomorrow, it can go either way. So good luck whatever your game is.
Bloomberg interview worth a looksee.... sleep well.
In the words of the Immortal Brian Blessed.....
Ready my Hawkmen...
DIVE....
GL
150-160 by close I hope, anything higher a bonus IMO. GLA
Decision made.... I’m out at 8.54. Don’t follow me, I’m a confused chicken this morning.
Not sure where this is going... but a genuine GLA.
Steadyish at 8.5p.... decisions decisions???
Trading at 8p plus now on IG :)
Morning, just a thought. I agree there may well be a reaction post dividend. But results are due in early August, Mr Walsh has indicated a “flat” profit guidance. Compared to the losses at other European airlines, IAG will shine bright, IF , and thats a big IF, that is anywhere achieved... Potentially the best in sector, this is a LTH in my book. GL