bricks i live by the sea, so just returned from my swim to check how my stocks are doing. and how the airlines are doing. American getting smashed. i cant believe its still trading at 12 dollars. there is almost no value left in that airline. it should be more like 1 dollar.
silenced who you morons? i was actually sunbathing and enjoying a lovely gin tonic. these valuations are useless because no valuation can predict the impact covid will have. but you morons assume the virus is over lol i am having a laugh
RE: Best Long Buy going - here's why!09 Jul 2020 12:34
chris england, there are times to be optimistic and there are times to be at least realistic. the reality now is dire no matter how much we want to camouflage it. you cant beat demand supply. only a central bank can alter things, but by doing that the market is distorted. airlines and hospitality will see huge consolidation. also dont forget bojo's so called "optimism" that the virus was never gonna be a problem in the UK. look where the optimism got you
george , im not saying its going bust. dont forget they let the likes of thomas cook and debenhams go bust. these were not small entities. besides it is not possible to predict the pandemic. look at whats happening in USA, indonesia, japan and of course latin america. also south africa huge spikes of infections
@jenn1800 50 pence? wow you beat me. my entry level is 0.80 to be revised as it might indeed get to 50 pence. i wonder where uk banks stocks will be when IAG is at 80 pence? some of those will be bargains
RE: Best Long Buy going - here's why!09 Jul 2020 10:20
chris england is in denial. its interesting to note that 5 months ago the company had 10b in reserves and today they are still 10b? lol more like 5. by october the reserves will be zero. but by any means keep buying at this bargain prices
Sharefall, It Is dropping and it will fall a lot more. You can't read a simple chart and feel insulted when I point out that basic statement of fact. But really who should be blamed is politicians for giving false hopes. The real test will come in October November. By then we might be sub £1
sharefall, you bought at 0.60 and sold at 1.20. imagine for a second you had bought barc at £4 or £5 or £6. these were the boom years before 2008. you would be sitting on a huge loss. the SP never recovered to those levels and to be honest they never will. now imagine IAG holders who bought at £4 or £5 or £6. same story. the SP will likely stay down these levels and lower for a considerable amount of time. which is why I want to buy IAG shares at 0.80 to double by selling at around 1.6 Please dont be stupid and look at the charts
landy you are right. imagine a situation where air travel doesnt recover until 2023, as some are suggesting. in thie scenario the cash reserves are gone, maybe a hefty cash call and the share price goes to pence. now imagine the SP being stuck at 50 to 90 pence to say 4 years. you havent lost until you sell but its certainly not a good trade is it? look at uk banking stocks, they have never really recovered.