Member Info for Takayama

Wotitsworth - I imagine the legal challenge is on Budge's horizon. It will take time, the challenge will be funded by the company and there will be a resolution in our favour along the lines you suggest. For the moment though there are two options as far as I can see - the first is to run with what the government are saying. UNESCO really are a last ditch attempt by Baylan to either pull the rug from under the Samis et al, or to pull the rug out from under our application. Whoever heard of a national government going to an international body seeking their views to resolve an issue of domestic governance? It really is a last ditch attempt as far as I can see. Baylan may continue to sit on his hands if UNESCO come back with the expected "It isn't anything to do with us". The second option is for Budge to find a resolution by working WITH the Sami to preserve Reindeer herding heritage, by devising a way that being a reindeer herder is a sustainable way of life for the next one hundred years. At the moment, the Sami way of life is dying. It isn't sustainable. The Sami don't have a big backer. BEM could be that backer (if it were allowed to grow). Budge could present a variety of solutions to the Sami, with the sponsorship of BEM and then together, they could present a done deal to Baylan et al. Budge has unfortunately said he isn't going to try any harder, and he feels his efforts have been sufficient in this area. If none of these provide a solution, then yes, the legal route is, as far as I can see, the only option.
As for IBJJ's posts, I like them. It's always good to step outside our own bubble and challenge our own views. Echo chambers are extremely dull and frankly a bit pompous. Crack on IBJJ!

I went over to Trustpilot, and this morning made back the small loss I made here selling at 192. That was lucky! Too much risk here until things settle back down. I may consider jumping back in if the SP goes back down to the 150s - or when sentiment improves.

deepbluediver - No probs. There'll be dips as profit takers move in, but the trend is up here and unaffected by Covid. This really is the bottom rung. I find that often IPOs are followed up by a good RNS in a few days which provides some support at the higher level - but look at Facebook and where they are now compared to IPO day!

I'm afraid I see further falls here too. It may come across as shameless cross-ramping, but the Trustpilot IPO is today, and that's far more likely to see a rise in the short term than IAG, regardless of how well we may interpret any IAG-related news.

One reason to sell now is because you believe it won't perform for some time. There's an opportunity cost in holding something that isn't performing. And risk as it may even drop. If you sold and invested in something like Trustpilot, which is on it's first day of trading today (new IPO), you can catch the wave of something far more likely to increase your money. Then sell out your Trustpilot shares in a few days/months and come back here to buy even more shares with the increased cash.

Unsurprisingly, there are massive buys - £750k just now. Good time for institutions to buy at close to placing price. We won't be here again!

Nice one! I'm in. Close the laptop time and come back in a day or two to see what's happened I think!

I think the point is a subtle one (about the £5k fine) - that there isn't a relaxation, but a tightening. We're all looking for clues of a relaxation, but it simply isn't happening. Yoikes.
GLA

Boris Johnson has warned the effects of a third wave of coronavirus will "wash up on our shores" from Europe.
The PM said the UK should be "under no illusion" we will "feel effects" of growing cases on the continent.
GLA

Big Blue - The thing is that there are thousands of chartists, most of which hold a lot more money than most PIs, so regardless of whether it is mumbo jumbo or not, charting provides a trend which people follow. It may not be the only trend, but it is an established source of trend. Ignore chartists at your peril. Other chartists won't be doing so, and then there are non-chartists who follow chartists too. But there are very few people that follow what me and you say.

deepbluediver - you're welcome, but I'd caveat that I may be wrong of course. I've lost money in the past, but these are general principles that I've learnt over time. My skin has grown noticeably thicker over the years when it's come to personal attachment to particular companies. I'm already kicking myself at selling out this morning at a small loss (having not banked a small profit last week) , but I can foresee another opportunity on the horizon, so there we go! Fingers crossed for the next one!

deepbluediver - I guess the key words in your post are that this will rise" with openings and good news" - This time last week, I have to admit I was very definitely on one side of the fence about the prospects of that, and now I am definitely on the other. Given Geng's analysis, I'd say the chances of a marry up of chart and events are higher now than in the recent past, and likely are on the up. I've been around for perhaps as long as Geng, bow to Geng's charting expertise, but I definitely echo Geng's views about sentiment above fundamentals in the short - medium term. Hence I've jumped ship and will buy back in when sentiment returns. But for the moment, I can see no reason to hold these. We're unlikely to get good news on April 12th now with the resurgence of the 3rd wave in Europe. The opening of Transatlantic routes is perhaps more likely (and more significant) but I'm not counting on any news on that front for some time either. So you're right - it'll be up to £3 and maybe more as the leaner more efficient IAG when everything opens up, but that date has been pushed back at least three months in my estimate. And that's three month's of opportunity cost in holding non performing shares.

A lot has to do with the fact that the jump came straight after IPO. It's pretty common. More IPOs on their way, eg Trustpilot tomorrow -----

Better out than in at this stage

Phoebus - which ones are similar shares in the blockchain space?

All I can say as another one who spotted this week's ago, but didn't take the plunge and now has a mental block about paying double what he could've paid - good luck all! Good for you! Enjoy the profit!

DanBiggs- wrt your original question, large blue chips raise money all the time via bond issuance. It's cheaper than the banks . I understand in this case it's around $600M. I've no idea what it's for, but it could just as well be refinancing of existing debt (or bonds), rather than completely new debt. In terms of new capital, IAG has raised plenty recently, and already has $10bn in cash (which includes existing loan facilitites I understand). Exact numbers escape me at the present time, so I'm sure I'll be corrected by others who spend far more time on such detail, but in essence, it looks like a non-event to me, not signalling anything to be concerned about.

IBJJ: I love your line: "My 92 year old mother has said that from a very young age I was able to suss people with clinical precision on one meeting. It is a skill which can be a curse, but did afford me a very fine choice of wife!"! Coincidentally, my mum similarly said I was a brilliant kid and fantastic at everything I do from a very young age too! And indeed, I am brilliant and fantastic at everything I do, as many of my girlfriends will attest, a talent which unfortunately has proved to be a burden as my brilliance has dulled the efforts of many others, leading to a trail of broken hearts and unattainable standards for others to follow! Keep your posts coming IBJJ! Luv 'em!

I believe that there is talk of blockchain being used with cannabis CBD medicines, and this time it is Victoria Beckham behind it all. The SP will rocket to 35240p is what some pundits predict etc etc

Hi Inkling. - There's plenty stuff online about them. You'd need to be a high net worth individual to buy at this stage. But anyway, the cannabis bubble has temporarily burst, there's unlikely to be a similar mad rush in any IPO as had happened iwth KNB/CBX etc.