Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
there is a lot of BS talked about share investing, there are the odd day trades to be had, but generally its a long term view, picking an entry point in times like these is a bit like trying to catch a falling knife, you can use various tools to decide when to buy but nothing is for certain. The trick is to find the businesses that are well run and have a good management team and a good long term outlook. IAG is one of those businesses, so yes short term there may be some pain whilst the knife is falling, but long term is a very good bet.
the fundamentals of the company are still very strong, the business is being trimmed and also they are taking advantage of the situation to make the business "lean", costs in all areas being trimmed. This is a well run business, i got out at 220p simply because the charts indicated a re trace, the news has just helped this, now is a very strong support area and i have re invested at £1.97, next strong support is 1.67 should that be seen. long term this is a sound investement.
this share is going to remain volatile for some time to come, the airlines globally have taken a big hit and this will take years to recover. I agree its a long term good investment , but 500 in a year.. i somehow doubt it
Charts are a good guide, they provide indicators for entry and exit points, where there is resistance and support.
The 230 resistance has proved to be stubborn over the past month or so, as has the 200 support, if either of those break then that could indicate a significant move.
Many people have lost their houses dealing in shares, day trading is a dangerous risky gambling game and can become highly addictive. Investing is a different matter, this is where charts, company Fundamentals, world news etc all come into play to make reasoned investment decisions, remember unless a company goes out of business you only lose or gain money when you sell. Good research and patience are key.
lots of resistance at £2.30, if it breaks then 2.60 to 3.00 is on the cards, may well re trace down to around the 2.15 mark before the next leg up, but if that breaks the 2.00 is a still a strong support
I have just sold out @229 having bought in at 203, very nice profit that i did not expect so quickly, however lots of resistance at 230 so expecting a pull back perhaps to the 210 mark, we will see, but happy for now
RNS, two directors bought 265 shares each! £150.36 each invested! wow, was it worth the cost of the RNS??
absolute bargain, as are a lot of the banks atm, I have bought more @54 for longer term
Absolute right thing to sell out , I smell a pump and dump from the markets.
I don't think UK airline package will be happening anytime soon!
https://www.msn.com/en-gb/money/other/britain-to-stricken-airlines-try-raising-your-own-money-first/ar-BB11Dykc?ocid=spartanntp
this share will remain volatile for a while, however it is worth remembering they have a strong balance sheet, £1.6 billion cash reserves plus huge assets, despite the grounding people are still booking holidays for next year (income stream), plus the logistics business that will benefit from the current situation. Of course this will severely dent profits in the near future, however it is well placed when the recovery happens.
The fundamentals of this company are very strong, now with less competition in the holiday market (now really a two horse race Jet2 and TUI) in a very good market position. It would be interesting to know how the forward booking are selling in this bad climate. Of course this is a tough call until they can resume flying, but my thoughts are they are very well positioned for the future. A good long term investement.