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@PatShare
I think your right, basically a lot of holders of IAG ( like me ) were hoping for a similar, if not quite as large lift in the SP, enjoyed by Rolls.
Reading through other threads from this morning, a lot of new investors jumped in too, thinking they were bagging a bargain at £1.63 etc, believing it was going to be a short draw back.
Whilst I was expecting a modest rise, I certainly didn't expect an 8% drop. We can all be surprised, whether a novice or seasoned investor.
At least you trousered your profits from Rolls, probably wise as next week I think it will run out of fizz as others profit take.
If you put those gains into IAG, I'd be minded not to worry. Nothing can fall or indeed Rise like an IAG share. As many old hands here will tell you.
Like some still on these boards, I was invested here as the first lockdown kicked in in 2020 and then through the Rights issue some 6 months later. Tough times indeed.
But I've never sold at a loss, just suck up my bad timing and sat on a paper loss until they recovered.
This will rise again soon. That's the nature of the beast.
Good luck to you and all other holders
@PatShare
Your seeing no logic because you are trying to compare two completely different companies based on those companies 'results'.
Rolls flew out the blocks because the results were not expected to be so Stella. The company has a new CEO, a future review (despite the strong results) and has several different revenue streams all showing growth. Innovation in new products and services. Whilst IAG is returning to almost pre pandemic levels of flying, one factor such as it's burgeoning fuel costs make not a dent to Rolls. IAG needs the fuel for its engines ( obviously ) but Rolls doesn't, but the more IAG and other airlines fly, then Rolls takes in more money due to its engine servicing contracts. That one revenue stream alone is only going to increase for Rolls.
IAG runs a fold of airlines. That's it's core business, simplistically, it can only make more money by getting bums on seats.
It's running costs are huge, it has eye watering debt and has been slow ( as a group ) to recover from COVID.
I'm invested in IAG, so I'm not putting the company down, I'm just trying to show in very basic terms why it's results today did not garner the same response as what happened to Rolls.
@sammy18
'Try building a church in Iraq or somewhere similar, see how far they allow it to happen...'
There are currently 17 Catholic dioceses in Iraq.
Over 6000 Christian churches in Iran.
Far more interesting a point I think is this.
Bradford has been appointed the UKs City of Culture in 2025. One of the cinemas pulling the movie is Cineworlds theatre in....... Bradford.
That is the only irony here.
Well those tranches of shares I bought last week for 129 and 127 are doing rather well unexpectedly.
GLA
I think we are all thinking the same.
We are lumped in with the travel and leisure industry, Airlines drop, we drop like a stone with them.
Airlines up between 6-7% Even ITV is up 9%, CINE as always, fails even a modest gain.
So so frustrating
Likewise, I used Fridays fall to fill my boots.
Rare for me to buy so many, but even if it does fall further, buying in the 120s to me seems a complete steal and a rare opportunity indeed to shove shares under your mattress and just wait out until the market recovers, which it always does.
GLA
I wouldn't say 'every Monday' but yes, we are in unprecedented times. The weekend could bring worse or indeed better news than hoped.
That's always the risk you must take when choosing to invest.
Well I'm sure you had multiple reasons to sell your stake and holding in IAG.
I'm assuming, sadly, at a loss unless you bought and held shares from when they were below these prices.
I'm sure that who ever bought your shares at around 123-124 will be delighted to hold over the weekend and if they don't need the funds will just sit on them for a week or two to see if and when they rise.
IAG is not going to fold because of the current ( awful ) situation in Ukraine.
I've been steadily adding more during the day and will just tuck them away.
GLA and whatever you decide, try to enjoy your weekend
@fb22
'You won't hear Johnson or Biden mention the slaughter in Iraq or Afghanistan'
Why would they? Neither were in power during that illegal war.
Perhaps your point would be better laid upon the murderous shoulders of Blair and Bush.
Before we all get a bit to carried away, Taiwan, though not part of NATO is treated, within the US by an act of Congress as though it were a "Designated a major non-NATO ally."
As such, it is also formally recognised as a strategic US protected partner in SE Asia.
Having seen the Economic havoc reigned down on Russia and despite the new crazy World order, there is no way China would, at this time, invade Taiwan.
Within Taiwan's sphere of influence and allies include ( apart from the US ) -
Japan
Australia
South Korea
Thailand
India
Malaysia
Phillipines
And many many more.
But, if you really want a wild card conspiracy, there is one nation that could shift the Ukrainian conflict.
Putin has stated that one of his reasons for invading was to protect the Russian speaking persecuted people within Ukraine from the Nazis.
Now, didn't you look at that 40 mile column of tanks and equipment advancing on Kyiv and think, FFS, if only they had an active air force to strafe the supply lines......
I'm sure there are many many citizens of Ukraine may hold faiths away from Christianity....
Hello Israel. When the World stuttered and flapped when Iran was building nuclear power plants, when Iran threatened Israel with being 'wiped off the face of the Earth' they just took those plants out.
To be clear, I don't believe that would / could happen.
I'm just saying that Russia is acting alone. Talk of China starting a front against Taiwan, or North Korea eyeing up South Korea is a nonsense.
Or is it.........
I'm less worried about nuclear weapons than any ceasefire being used by Putin to re-establish his supply lines and shore up extra troops, saying, however, that those very troops are bringing fuel and assistance to help his troops 'leave' or withdraw. Something I think we all know he has no intention of doing.
Rob, just decided to 'bank' a very unexpected early profit on a punt.
Mattress is a bit higher off the bed now :-)
Out at 139.
GLA
In at 132.
Put away under the mattress.
GLA
@Jtan.
Agreed, I found myself putting in limit buy orders at 143 ( cancelled it ) 140 ( cancelled it ) finally 137, yup, guessed it, cancelled it.
At any other time, these are bargain basement prices and we know, that the SP will rise, as they all do again and again.
But I don't want to find myself 'locked in', I'm mindful of bigblue's position and I know from the past how that feels.
For me, day trading this is now well and truly over.
So it's just waiting for a price I can -
A. Be confident of a decent LTH return and
B. Have enough dry powder to ensure I can average down should the worse happen.
Unlike some on here who profess to buy endless tranches of shares daily with the caveat of plenty of dry powder etc, I do not.
That said it's clear that in a few months the SP will be well above today's closing price.
I'm not trying to seek the 'bottom' but trying to see when support kicks in, not a spike, like this mornings early hours trading.
To be transparently clear, I am aware of World events around us and the sensitivities of War.
I am not trying to make a quick buck at the expense of the suffering of the people of Ukraine, I do, however, see an opportunity to increase my holdings in certain companies, RR being another.
To those guys n girls currently underwater, I've been there myself and still am in a little company called Cine.
I still hold those shares as I've never yet sold at a loss. Even I believe my holding there will come good eventually. As will yours here.
IAG is the comeback kid, just hold and wait for summer.
GLA
I was lucky enough to do a quick day trade on Tuesday ( as I posted here at the time ) I do feel for holders today. Should the SP tank today, I don't think it will bounce and recover into the blue after an hour or so of trading as it did on Tuesday.
I do have dry powder, but this time if I jump in, it will be as a longer term hold.
GLA regardless of your strategy.
Back in at 161.8 exactly.
Will just tuck away for a while. Again, with dry powder if needed.
Good luck all
Hello all. Been a while.
Have watched with interest over the last few weeks.
Took a cheeky punt yesterday at 148.
Just sold at 156.
Not a bad return for s day trade.
Good luck all.
@Teddy
It was just a very lucky timed in and out trade. Obviously with hindsight was a good call.
Been watching the drop since Monday with interest.
Not quite ready to jump in just yet.
GLA
AHH, sunsurfer, good to see you here again.
If anyone who reads this board from the old days, or indeed quiet observers or newbies, just think on this.
The big-blue posted this today re the RNS which was about the CFO moving on.
His take -
'Get mops and buckets out to clean up all the pee as you collectively wet yourselves when the RNS flag went up, lol.'
Awww, does he/she think adult investors actually wet themselves? Pee our pants? Even collectively?
I think he personally has posted over 100 times about a RI, he ****ed his pants with joy, only to be denied.
What serious poster or investor, even on a share BB suggests grown men **** themselves?
Unless of course it's a daily problem they face.