Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Lets not forget the article from Proactive on 27/03/24
Something to keep the pot bubbling :-https://www.proactiveinvestors.co.uk/companies/news/1044144/british-airways-owner-iag-s-results-could-be-catalyst-for-rerating-analyst-1044144.html
Great reply , and just to add to this , Liberum are calling this share at £4.20 where as other banks call it at sub £2 , someone somewhere has their predictions and sums woefully wrong , and I know who I would listen to
Media is full of scaremongering with headlines as it grabs attention, but normally has little truth or depth when probed
If they keep reducing debt as they have been, then the value of the company rises. Money through door is constant, but if money going out the door falls, then happy days. Don’t look for sales and profits, look at the debt reduction
Headline for me is big reduction in debt, this materially alters the value of IAG and assists in reducing costs,
Personally in this for the long run , the building blocks are in place for a big surge at some point over next year , will probably happen when they announce positive news in dividends ( check out carnival over last 12 months)
Debt lower
Costs reducing
Booming sales
Depressed share price = big profit to be made at some point when dividend policy is clear