Member Info for Teddy100

Italy on quarantine, second wave, London tier 2, airport testing a pipe dream, continuing cash burn, the 30th looming up which will be evil and competitors subsidised by Govt’s, What more is there to say? The share has dropped 15% in a week and 30% short of the terp. I will fill My boots at 75p and that will be here sooner than you think,

As a long term holder in IAG and as someone who recognises the strengths and opportunities of IAG, I feel I can make the following comments without being labelled as a twisted deramper. I still hold about 10k worth of stock but compared to my previous portfolio it represents nothing. This is a great company and when things get back to normal it will be a licence to print money. That said the next couple of weeks leading up to the 30th are going to be delicate, I believe there is more chance of this share hitting 80p than 120p, there is too much Covid negativity, Italy (Great yield earner for IAG) fell by the wayside and Europe in a second wave. IAG won’t go bankrupt but this share will see south of 80p that is for sure. Don’t be afraid to consider conflicting news, what WAM sated about the share movement was not far from the truth, be more open and sympathetic and if you don’t like what you see, move on. As the great Dalia Lama said “Being angry with someone is like drinking their poison”. If you don’t like it, don’t engage, censorship is for fools.

“We have Seen the last of the 90’s”. No you haven’t we are in them.

@Anditsgone. Firstly, I am not anti-vaccine, what I was conveying that this vaccine is more complex than previously thought. There could be a situation where a Vaccine may take many months or years to develop and it is only now I am realising this. Secondly, as you know, or you should know, Nex is not a travel company, they provide essential travel services for students, workers and those who require essential travel. Nex do and will continue to
Prosper in a Covid world which is why 90% of my portfolio is in NEX.. Further to that only 20% of their business is within the UK and the majority of their earnings are from forward contracts, mostly in the USA. I have to say anyone considering IAG should look at Nex there is another 25% gain to be had before Christmas without the risk.

Wasu: BJ was also asked a question in Parliament this afternoon which was “how quickly will a vaccine be rolled out for the vulnerable. BJ: Replied” The Sara Virus has been around for 18 years and we still don’t have a cure and we have to consider that possibility”.

I am starting to think this may be a strong possibility.

Castle: I don’t believe anyone would be so stupid to take a position in IAG at the moment, firstly we have all this negativity about Covid and compounded by impending results on the 30th which we know will be shocking, one would have to be from outer space to take a position in the next 3 weeks. GLA. PS: The SP has gone negative, I would be selling before 3:30pm.

Yes Bobbins you make a good point, it brings it home when Liverpool hospitals have the third highest Covid patient in-take within Europe! I believe this will escalate very quickly and BJ’s announcement at 3:30pm may send shock waves through the market, I know you stated 60p but I am not a greedy man and I would buy in at 75p. The issue is on the 30th when the Grim Reaper comes, that is when you will see the big spike, I am hearing the loss could be 3 billion but anything over 2 billion will have a very detrimental effect on the SP.

Just looking at the news feeds this morning about the demise of Alex Cruz and one piece of information really surprised me. Traffic through Heathrow last month (September) is down a staggering 82% compared to the same month last year. It just shows there is a long way to go and those posters who claim that Heathrow is getting back to normal are deluding themselves. I can see this figure diminishing as we enter the winter months: Worrying times, GLA.

Watch this finish blue.

More concern for British travellers flying to Italy, the Italian government is now demanding a negative Covid test 72 hours before travel or at the Italian airport. The issue is that private UK organisations are struggling to provide them and the Italian authorities are only offering tests between 9 and 5pm at the airport. As I have stated before over 20 flights a day leave Heathrow to Italy with good yields, more bad news for IAG, Can things become any worse? The issue for the UK is that our cases are 137 per 100k and Italy is 32! It is no longer what we do but what others are doing!

@Deanmck: You won’t filter me because you hang onto my every word. I was holding this stock when King bought Caledonian, you may have to google it! As I stated I jumped into BP and lost a further 10% and fortunately jumped out before it fell another 20% and I bought into Nex where I am up 40%. That is a great stock and I see another 25% upside before Christmas, as I said never be afraid to crystallise a stock. For the record, I would never filter anyone as I want to consider all views, only an idiot or a tyrant chooses not to consider all opinions and views.

Anapa: There are potential investors viewing this BB to make and reinforce decisions on buying/holding IAG shares. The strategy of reposting existing posts does not imbue you to rational persuasion.

Rampers or derampers it does not matter as long as you provide intelligent objective nformation, these BB need to provide impartial information for newbie and neutral investors.

Anapa: you must be taking some very powerful drugs. It has only bounced off 89p once and I don’t understand your point of view about how the share found support at 90p from 675P! I am glad it did, not many shares experience an 85% fall. Can I give you some advice? If you want fellow investors to hold onto heir shares: Stop posting.

@Anap: You are sounding desperate, the share rise back in June was due to pure speculation, now it is all about fundamentals and technicals and it is looking bleak. The 30th is coming up fast.

Narayan: I never stated that, IAG have enough cash to see them through until next spring before they mention the R words and yes you are correct if they ever did it will be a disaster. What I am saying is that this SP (IMO) is going South not to WAM levels, but certainly 75pish and with the risk now associated with this share that will be my entry point. PS: Your 250p is fairyland now that there are 5 billion shares.

Damian: If you sell them tomorrow you will be able to buy them back the day after bonfire night and buy back 25% more shares, that surely makes sense?

I have to say after viewing the weekend news this Covid malarkey is definitely on the up it looks like there will be a circuit breaker in a couple of weeks which will unfortunately coincide with the 3rd quarter results. We all know that this business is about sentiment and it’s going to be in short supply for IAG at the end of month. Compound that with BJ’s statement tomorrow and I feel you that will have a red day tomorrow. The third quarters will be a shocker and will all those 3 billion shares sloshing about there will be huge temptation to sell, the RI part one was a mistake, why make a mistake part 2? Better bagging 20% profit whilst you can? Could imagine the pain watching the SP fall below the RI price after already seeing a 40% plus loss?

@Deanmck: I crystallised a 15% loss with IAG, I bet you wish you could have walked away with a 30% loss? How painful was that RI, watching your portfolio go from 204p to 89p, I feel your pain my friend, never be afraid to take a loss and use your cash in other investments. The sad truth is that this share is worth 75p and not a penny more and if that vaccine does not get its arse into gear it will be in the 70’s following the 30th, can you imagine the headline: 3rd quarter loss surpasses RI.........

I fear he doth protest too much...