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Mike, I don't think anyone here would reasonably argue that IAG can't and won't reach £2 by year's end and even sooner if air travel does indeed lift significantly when lockdowns lift.
As long as those restrictions are not suddenly knee jerked back down and flying continues throughout the summer AND into Autumn without new Covid scares, the skies will be the limit as everyone wants a holiday to get away.
IAG is fully ready to exploit that demand. Once consumers feel they can book outbound flights without fear of being at their destination for only 4 days then hearing they have to get home asap or be quarantined. That's what the vaccinations give all of us. The chance to travel without fear.
Until then, it seems to me there will be twists and turns that in a few days can rocket the SP up then dwindle down again. Just look at today's range for example.
So for me, IAG is a day traders (well, often a week traders) dream. Long term holders have nothing to worry about.
You have a Teflon SP AV and I wish you nothing but luck with your investment.
I'll wave from the Seychelles whilst trying not to spill my beer in the hand buddy :-)
Deanmck7
BOOM! In that simple pure post you've not only made me sound like a shallow materialistic investor (for my car) but also family shamed me as I want the two seater to get AWAY from my not so little teenagers to take ME to the beach to enjoy a beer without them lol.
@Ollie
Worry not. I'm sure someone is investing FOR a Rolls ;-)
@big-blue
I might even come and join you.
When you travel to HKG where is your preferred stay or base?
I used to live there.
@Irish_Renegade
Laffin here. Are you our resident George Best -
'I spent a lot of money on booze, birds and fast cars. The rest I just squandered.'
That's the spirit.
@Deepblue
ALWAYS keep the boss happy with Sparkles.
I've been going through some of the threads and I was struck by the honest simplicity of Reppyrr post.
He posted this -
'I am only trading with the intention of hopefully increasing the level of my savings for the purchase of a new Ducati'
Good for you pal. It got me thinking, we all chat about the company, the SP, our entry and exit levels, but what are we actually trading for?
A profit obviously, but to what end?
So in the spirit of Ducati dreams and goals. And for some light-hearted NON BLOODY VAX chatter, what are you guys investing for?
I'll go first. This is from my trading profits, not my savings.
A 1968 Honda S800 Cabriolet. (In yellow)
@Linkop
'May be around 160p is ideal middle ground for me and then stay out '
Well my friend, you did exactly as you stated.
I'm really pleased you got your target price. Now go and enjoy some of your profits and good luck with your re-entry.
GLA
I've got my new pink gloves!
@D9Ber1
Indeed, just as plausible with all you state.
None of know, that's why we sound each other out here.
I know some of our guys here have much higher averages and I hope for them the SP hits their targets sooner than later of course.
I can only do what I think is right for me. Like all of us, these are just my musings.
GLA
I'm a little more cautious than big-blue.
My gut feeling is that this will more than likely fall after the results are known.
I don't mean to jump off a building scales, just a drift that will eventually recover, the last part I have no doubt.
It depends where the SP is the day before. And that's all guess work at this stage.
Let's go with blue and say the SP is hovering around the 168 mark. If the results are completely as the city expect and no nasty surprises in the statement then bingo, a few flutters, probably a max of 10p up or down then settle.
My current AV is 154. So if the SP the night before is say around 160 or below, a 6p drop would see my current position wiped out.
If next week brings in 160 to 162 I'll be fully out.
Not because I think Blues position is implausible, just because I think I can get back in clean and big below my current AV without the possible nightmare of averaging down.
To be clear, it's not because I don't believe in IAG, I intend to get back in. Bit also nice to pocket a profit, sit out for a while then judge a good re entry point for me.
Obviously it could go either way and then have to scramble to get in at a higher price, or, as is my plan, profit take then wait.
Invest, reap, repeat.
GLA
What a difference a few days make.
From the Lions own post -
'i stick to 75 p target.
and i am thinking whether to invest in RR. i will wait for those results before investing
IAG is on my watch list for now'
So as you have stated many many times, you will ONLY invest in IAG at 75p and Rolls at 50p.
So your obviously expecting both those prices on results day.
As you said, why pay more?
And to you Dagger.
Being a bit of a rascal it's true. But fun.
CEY is a great investment. HOC is kicking mining butt and has huge daily sways but not for the fainthearted.
Personally and not wishing your investment down, I have an entry point for CEY at around 111.
If I don't get it, it means your on the up and I'd be happy for you.
Enjoy your weekend all.
Happy weekend all.
@Fairy1
Understood, I did think twice about posting, but it is meant to be tongue in cheek.
Someone who creates multiple threads on red days, revels in us holders behind morons, cretins and idiots I think deserves a small reminder of their own position.
GLA
For WAM.
Let's take a gentle stroll through the mind of this investing genius. A titan of trading nous and skill.
Forget the Wolf of WallStreet. WAM is the Lion of LSE.
In this trading week IAG has risen almost 10%. If you had no skin in the game you could have picked up some juicy shares at about 144 on Feb 1st.
The next day our resident Lion ROARED!
NO, invest here? Hell no, not for this Pride male.
I'm starting a SHORT! At 149.
I dunno about you guys, but I sold my entire holding the next morning. He just couldn't be wrong.
Undeterred by his slap down of IAG and it's doomed future, he bought a chunk of CEY stock instead. Sinking an undisclosed sum, but if the Lion has a limit buy of £200k on Rolls (at 50p) you can imagine the mouth watering numbers. And BOOM, he's in with a chunky investment around the 115 mark.
That was Tuesday.
A brief visit to the CEY BB shows the lion asking others why the SP is falling? What's going on? Oh, and can't believe the fall in Gold prices.
If the Lion had sunk his Chunk here he'd be seriously in the green.
Looks like the lion has been shorn of his glossy mane.
So whatamess, here's the question. If you were willing to start a ghost short at 149, SURELY NOW is the time to open one.
Come on Whammy Bammy, call the odds and amount. Be the IAG mouse that ROAAAAARRRRED.
Good for you Dean. A profit is a profit when it's in your pocket, nice and ready for the weekend.
Next week may be another good time to get back in.
Best of luck to all.
A-ha Blue.
Challenge accepted.
Pistols at (post RNS) dawn.
Are we allowed white gloves and cognac pre pistols?
Good luck, but can we do it on Bond Street, I may need to do some Lloyds shopping first.
A la, Hit me with your best shot, Pat Benatar ;-)
And there you have it. The devil's in the detail. I think Blues thoughts are just as plausible.
Crucially we see things from a different angle, but mine nor his is a reason for anyone of you to change your own investment strategy.
The two big shoots up were Vax news that propelled the SP from the doldrums to a happier level.
The drop to sub 140 the news of the current lockdown we are in.
This side of the results, with apologies to Blue, I don't think 180 is achievable. I hope for him they are but don't think it's likely.
My point is, I feel the SP will drop below 154 on Q4 day. That is my current AV. That's why I want out of my current lock in price to reinvest at a lower entry point.
But who knows, fortune favours the brave.
As always, good luck to everyone.
@sunsurfer
Okay, my take is this -
Nearly every companies share slide on 'result updates'. BP, BT, Barclays etc. But they always recover given time.
We all know that IAG will be posting a Q4 loss. I hate saying 'but that's factored in' as I think it's a lazy way of avoiding scrutiny in people's posts as they can't be bothered to go into detail on their point of view. However, in this case, if the city aren't expecting a loss they would be morons.
So, the acceptance of a loss is expected, but you cannot 'factor' in how far from or indeed how close to what those city boys expect.
My position now is my AV is 154. I would ideally like to run this up to the 160s. Today was a great day, no doubt. But will it rise another 5p tomorrow? I'm doubtful.
My OWN personal strategy is to be fully out before the Q4 results. I believe, but clearly don't KNOW, that the SP will fall on that morning, below my current AV and I want to be able to get in clean and big at a lower price.
We all know that BA is the cash cow jewel in IAGs crown. It's transatlantic routes are a platinum plated mother lode of profits. These will not be running at high rates any time 'soon'.
Once they kick in and they will eventually, it's buckle up time.
I stopped investing in IAG and have been 'trading' it quite successfully recently.
But, I think if I can clear my current holding, at a modest profit, I'll go in big on results day or the next, then sit back as a LTH, waiting for the World to open up.
To those that know me on this board, this is NOT advice to anyone. I have my own investing plan that suits me and me alone.
Whatever you all do, good luck to you all.
That's great news and a good shout Dean. Really pleased for you fellah.