We would love to hear your thoughts about our site and services, please take our survey here.
Can anyone recommend some good investing books that are an easy read for over the bank holiday? I have recently read 'the intelligent investor' and 'the economics of entrepreneurship' which were both great but am looking for some recommendations.
TIA
I think that we may have seen the worse of this crash. This quickest and most aggressive crash I have ever seen.
I have filmed a presentation which I think a lot of investors will find interesting. I hope it helps some of you.
https://www.youtube.com/watch?v=rzmsFZn4mIU
Good luck to all
The charts look to me like a double bottom formation beginning to form. If we break back above £12 then I say we run up to £18-20. This company lost just over 80% in a single month and is now nearly at all time lows. The Saudi Wealth Fund bought about 8% of the company this week which caused the rally yesterday. I do not think we will recover to the dizzy heights of the past anytime soon but I also do not expect us to stay at these lows for much longer. I think fair value for this company is above £20
I do not think the UK government will become involved here. I see something similar to Carnival (CCL) occurring, that is, issuing of debt and share dilution in order to secure capital. That should raise enough funds to keep the company afloat.
The IAG chart shows a descending triangle pattern which is usually a bearish continuation pattern which is part of the reason to why I think this will see 180p during April and possibly down to 160p where I think there is a good chance of the stock bottoming. I think that the airline sector is very depressed and will be a fruitful long-term investment.
Some posters on here make excellent points when they say buying at this price will be good in the long term but may not be the bottom during the short term. I expect most posters on here will buy into the next dip and sell out when it rallies 20% in the coming months which is why there is a lot of interest on entries and short term price movements.
I believe that the FTSE 100 will retest its recent lows and potentially break lower. The market fell aggressively so quickly that it became very oversold. The recent rally probably does not have much upside left before selling resumes. I expect the FTSE 100 to take out its previous low in the coming month but I may be wrong on this. Central Bank activism has always managed to save markets and turn dips into buying opportunities. I think investors have become conditioned to buy shares even on bad news because central banks can lower raises and print money to support markets. If you notice though, markets have not performed the same way after the Fed and Bank of England reduced rates and announced QE this time around.
I think patience will pay well here. Patience on pressing the buy button during this down-move and then patience on holding the stock and not selling on the first rally. If the sector gets destroyed then there will be ample opportunities for the surviving firms.
Well, we have retested recent lows. The market knows that airlines will be grounded for a while which should be reflected in the SP. If fleets are grounded for longer than anticipated then we will see lower levels. Sentiment can be a potent driver of markets and no one is excited about airlines at present. If anything, this pandemic has highlighted a new risk to the airline industry that was probably not really considered before this covid-19.
I don't agree that people will avoid cruises and flying after the lock downs are over. I booked a cruise last year for this November and have no concerns about going. I am probably more likely to die from a car crash going to work than covid-19 on a cruise ship or plane.
I recently published a book 'The Economics of Entrepreneurship' which discusses barriers to entry which, as we know, is high in the airline industry due to capital requirements. However, a huge barrier to entry that people often fail to recognise is low sector profitability. Who in their right mind would want to start an airline company right now when established airlines are under extreme pressures to stay solvent? It is possible that airline companies could come out of this with more opportunities to grow as people's perceptions of the industry have changed.
Warren Buffett recently increased his stake in Delta Airlines which I construe as a sign the sector is depressed. Its noteworthy though that Delta Airlines is a special case because they have a natural hedge on oil price risk given that the company owns an oil refinery - but it is still encouraging.
If this pandemic causes another airline or two to go under it will be great for the surviving firms. I think my post from the other day still stands. Sentiment could carry the SP lower but I expect this to be a good investment for the medium to longer term . I will build a stake here over the course of time as I am sure many others are also doing.
I did not buy at the lowest tick of the down move so far because I was buying elsewhere. I thought the coronavirus crash was going to be a temporary blip and a buying opportunity at first but it now seems that shutting entire economies down is going to have a massive impact for quite some time as some companies lay-off workers or collapse completely.
The reason to why I believe that we will see a dead cat bounce here rather than a bull market is that conditions for the airline industry will not get any better in the next week or two. The government may give them a tax break but will this really send shares souring again? Momentum in the market is lower and I see no fundamental reason to why this should change in the next week. This is why I think we will re-test previous lows rather than heading back above £3 per share.
I do not have any information that you do not have and so my view is just a theory which could be wrong. I think long term investments at these levels will be fruitful, I just think a bit of patience and discipline will help squeeze a few more percent out of this company for those looking for an entry. My views also reflect the wider market. The situation could get worse before it gets better - everyone is scratching their heads after this rally to work out if we have bottomed or if there is more panic on the horizon
I think IAG will come out of this and recover some of the losses seen recently but I think the recent bounce in the markets is a dead cat bounce. Still plenty of selling left when companies start to formally report loss of earnings etc. I see IAG, from a technical perspective, re-testing its recent lows. Prices may not bottom out until around 185p has been reached. This will be a great long term investment but short term I see this going lower first.
Evening all, this board is painfully quiet! Some great things happening with HOTC. Excellent strategies being pursued too.
Here is a presentation that analyses the company and discusses some of the good things that the BoD are doing. The presentation provides an overview of the company and some economic points that show this is a good investment.
https://www.youtube.com/watch?v=PFBX1rrT8gM
The biggest cruise liner down 60% in 21 days. That is quite something. The cruise industry will take a hit for 12-18 months but this will turn around soon enough. The only question is how bad will the dividend be hit. It is very close to the 2008 lows and very undervalued
Podcast with several interesting predictions. Bodes well for the ftse and banks this year:
https://www.youtube.com/watch?v=q5NoaMopeAY&t=52s
Was the gain today due to uk banks performing well or is it more to do with Fx movements? I often see this up or down 3-5% but there is never any articles online to explain why. The chart for this looks like it shares a relationship with the GBP/USD so I wonder if the bank revalues with the USD?
I only discovered this company last week and bought in to make this one of my biggest holdings. I recently bought BBY, STOB and IAG as they were trading at 2 year lows. All rallied 10-20% and I sold out of all of them. Finding similar opportunities was hard - hence me stumbling on PHP. I usually say buying shares at a 2 year high is a "no-no" but it is justified here.
- Increasing dividend
-c.4% dividend yield
- 98% occupancy rates of some very high standard medical buildings
- not exposed to the business cycle, government is main source of revenue
- the company offers investors diversification properties
- rent revenue linked to inflation
I like investing in companies where their business model is simple to understand. This is the sort of company you can invest in and forget about.
The only real risk is if labour get in government as they seem to hate anything that makes a profit. If you vote Labour - don't be surprised if your pension is worth hardly anything when you retire. Solid utility companies such as the water industry is perfect for pension investments, as is PHP, so if these are nationalised it means pensions have to invest funds in things they may not usually go for. Let's just hope they do not come to power anytime soon as I would like to retire one day.
Lovely to see this around the 230p. I am looking at the short term trend and this is still making lower highs and lower lows so unless we can get above 250p then I would not be surprised to see this heading back down to at least 200p.
It will be interesting to see which way it goes
There are not a huge amount of prospects in the FTSE 100 in my mind - not much undervalued anyway. Almost all of the FTSE 100 companies I own are near all time highs or at least two year highs. I am surprised to see this company at two year lows especially where a good dividend is being paid.
It reminds me a little of Tesco several years ago. Markets hated the entire sector and I done okay buying shares every now and then. I sold out too soon when prices rallied a little but I see deja vu here. Airlines out of favour, so just buy and wait for conditions to change. The markets wont stay bearish forever.
It is easy to buy expensive shares at the moment but the chances of being left high and dry is much lower in IAG at these levels. Momentum is down so we may not be near the bottom yet but can't be further from it. Investors will do well selling their other holdings at all time highs and buying this
I am not an expert on this company but have looked at the chart. Consolidation forming some sort of wedge. I expect a large move very soon, probably on any fundamental news announced by the company. If the break comes to the upside then that means it will break the down trend line. I am not sure how this can happen given the current risk off market conditions but that is what the chart is telling me. This dividend yield is very good too. Maybe we see lower prices but I think long term investors will be okay at these levels
I doubled my holding today. Momentum is down so we could see lower prices but I looked at a chart and the lows of 2008 crash was 190p. We are close to that now, 5-6% away. I think with the general market being much higher than it was back then shows we are probably very close to a very very attractive price to buy. Further, the price we see if a nominal price which does not show the effect of ten years' worth of inflation.
Divi is not great on the stock but I think that this is a good share to buy and hold in a portfolio. They have some very big long term contracts and I believe in the people here. When you look at the chart, 200p is a good price and the market does not tend to stay below 200p for long. If the price comes off again then I will buy more but I think this is a good buying opportunity based on historic price alone
Great company/brands but terrible valuation at current levels. I know sterling is weak and the company has been buying back shares but I think one negative development could see the bubble being pricked here and a big gap down. I will buy dips in this share but I see much more downside risk at this valuation than potential upside gain.
One to watch for sure but can't see this going up by much more. Ag Barr down 28% today shows what can happen to drinks companies that receive negative news when valuations are high.
Interesting to see the details of the airport. I do not really agree with developing these assets in a view of selling them. I would rather we keep them within the group and use them to sustain income well into the future.
As for voting, I received notice this morning that I could vote as a shareholder so I actually voted in favour or reappointing the directors but voted against remuneration policy. Make sure you use your vote fellow shareholders
I have recently done some research on the company and decided to buy in today. I have read the content on the "save Stobart" website. I did not agree that he should use the share price decline against the new CEO as the market was looking overvalued so a correction was inevitable. I did, however, agree about the bonus being excessive.
The CEO does not need a £30million bonus to do a good job. I have no issue with bonuses but that £30million could be used to increase the company's holding of Eddie Stobart Logistics. Isn't that better use for the money? I will use my shares to vote against any remuneration proposals. Give the man a bonus but 30million? Come on guys . We should not be allowing that.
The company is trading at 2-3 year lows, is diversified and has a good dividend yield. Long term holders will do well buying in now but we should vote on company issues as we do not want this company having a "jobs for the boys" culture in the board room.