Member Info for Snufkin

Morning, SC FYI there is an article to confirm that story on BBC Business. Reports that Capita is not renewing leases (25) but potentially up to a third of its total office space not being renewed, as folk work from home.

Nice bounce off 135...Hopefully be tracing back upto the 158 region. Profitable company, good recent results & its forward guidance, if achieved, will prove to be better than many in the months ahead. Still scratching my head, with regard to the 20% fall in recent weeks. IMO 153-158 is achievable before Christmas...GLA

Agree GL, thats why have taken a stake today. Brokers are looking for @180, but I think that may be conservative(no pun) in the choppy waters ahead for the economy. 140 seemed a good entry point, with probable dividends in the next year or so.

Yep, you might right?! Only IAG knows at the mo. It’ll be stronger with extra cash... I’ll be buying whatever...
have a good w/e

Not necessarily so Bluelight....
Share price does not always equal business value post rights issue &
The right issue is not always less than the current s.p.
We’ll see.
IAG could look very nice With an extra 3.5bn (RI + Amex)
We’ll see.
Never boring...

Another bit of good news for IAG, following on from yesterdays pilots union recommendation. Immediate payment too.... The macro news is still yet to turn positive, but these bits of company news are encouraging.
Obviously next week is the big week. Lets see how the numbers stack up.
You boys be nice to each other, don’t fight with each other. You might both be right over the next 12 months.
Have a good w/e

Yes potentially good news, if the membership votes in line with their unions recommendations. It will also help undermine the political grumbling going on by some mp’s. There were a few asking for Heathrow slots to be looked at, in light of, the need to adjust the numbers, pay & conditions of BA staff.
Hopefully next week will go well. 3 points I am looking for : IAG’s Cash pile, negating need for RI, and trading update. A positive vote, could well be the cherry in top.
Hears hoping.

“Its now or never.....” are the lyrics of a famous song. It seems to be becoming IAG’s new theme tune.
I am really starting to like the moves IAG are making. 747 fleet going earlier than expected. Loss making Level group going. Pilot contracts going.
IMO IAG are looking to build a business 65% the size it was, but very profitable. These recent steps are a “once in a lifetime” opportunity for the business and they are taking it.
Bracing for the next results to be a bomb site, with provisions for just about everything. But loving these restructuring steps......

More like he is nursing his well kettled bells !! Only way is gradual move north over the next few months. IMO ;)

Simple- USA & moneyweek rights issue story & upcoming results. We’ll have to wait for those three, to hopefully, be positive news items for the shares to bounce off.
IMO DYOR & DPMM

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.

*have . I can’t even see to type properly & you can see planes thousands of miles away. I am in awe. Can you see a red day or will we fly too???

You must super-amazing eyesight ;) Thanks tho....

There seems to be a little battle at this resistance level at 232 (next up is 265ish). In the very short term, we need to close above the 232-235. Then that can be the base for any jump up, if there is any good news. GL

Sorry DSC, think you’ll be a bit disappointed this week, it’ll take a little bit longer for news on a “moon corridor” to become open. Bless ;)

I’m like a Proud father watching his little one taking their first steps today. 3.97% higher, still holding onto the furniture, but off we go...
Now safely tucked up for the night.... off for a pint !

Yep take your point about NY. could there be a two speed USA? NY flights for BA, would help nudge us in the right direction.

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.