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[1 nhs] 28/2/2020 11:49

12 weeks ago this virus appeared

6 weeks ago we ALL witnessed China.

Today we have the virus worldwide

In six weeks time we will have a massive amount of dead bodies to deal with (;A larger issue than the deaths)

The world has drastically changed and yet 99.9999% of those on earth can’t see it yet

[montyhedge] 28/2/2020 11:47

Amazed, bouncing, must be a suckers rally.

[daveboy1] 28/2/2020 11:43

Little bit of perspective for those waiting for The Apocalypse:-

The common flu causes up to 5 million cases of severe illness worldwide and kills up to 650,000 people every year, according to the World Health Organization.

The virus seems to have a 3 percent mortality rate. However, this could be an overestimate since there may be a far larger pool of people who have been infected by the virus but who have not suffered severe enough symptoms to attend hospital and so have not been counted in the data.

The common flu does not grab the headlines. But attach a foreign name to a virus – such as Ebola, Zika and Wuhan – and then the headlines flow.

Keep smiling.

[montyhedge] 28/2/2020 10:42

If continues I see virtually a years earnings wiped out.

[hamhamham1] 28/2/2020 10:01

This is almost a dictionary definition of "a black swan event'

[qantas] 28/2/2020 09:53

On the corporate front, British Airways-owner IAG declined to provide financial guidance, telling shareholders that due to the "ongoing uncertainty on the potential impact and duration of COVID-19, it is not possible to give accurate profit guidance for FY 2020 at this stage."

[daveboy1] 28/2/2020 09:52

NYB - tiresome, mate.

[hamhamham1] 28/2/2020 09:40

Even if it was all resolved today, the knock on for supply chains is already in the system, several months to manufacture and supply products, parts or.materials to catch up.
That will have am effect on p&l s

[montyhedge] 28/2/2020 09:31

Of course IAG can't give any guidance for the coming year, I reckon could see full year earnings virtually wiped out, unless this Coronavirus eases.

[hamhamham1] 28/2/2020 08:59

We are only 1 week into the markets coming to terms with the potential knock on effects of coronavirus.
There will be up days and down days driven by news, but more of the down days than up IMO.

[watfordhornet] 28/2/2020 08:51

At some point there will be some life changing buying opportunities across oil and airlines.No way can this go bust. If IAG go bust every other airline in world would.Can see lower - only 6 months since these were low 400p so no reason not to revisit this level.Any news of a vaccine or if cases start slowing down outside of China and we could have a huge and quick correction

[hamhamham1] 28/2/2020 08:47

Ask yourself pink. Are you doing it for the good of society or hoping to push the pt9ce up and make you a profit?
Do you feel lucky?

[hamhamham1] 28/2/2020 08:46

No advice, just punting shares you already own ;)

[ny boy] 28/2/2020 08:42

Latest s/r levels

Support1: 493.70 Support2: 410.76
Resistance1: 611.31 Resistance2: 684.00

Will wait for 410 area


More keen to buy daily pull backs on (KIE), pattern of btfd’s each day, may bode well in a difficult market, trading up date next week..dyor no advice given.

[tornado12] 28/2/2020 08:33

This is going sub 400p... I got out last week but if it gets close to 300p will sure consider re-entry if the situation is not quite chaotic as now. Airlines will have worst year for decades if this continues another month or two

[npp62] 28/2/2020 08:31

1NHS ... horseman of the apocalypse. Only he's riding a donkey. Yes it's serious but get a grip. SARS had a higher, much higher mortality rate and we didn't have all this fuss. Markets to fall further which just offers great opportunities to us. We either recover, in which case great, I'll make some cash. Or we don't recover from it, in which case I don't care because we'll all be gone anyway. Simple. You're in a can't lose situation!

[hamhamham1] 28/2/2020 08:11

Holding up well?
Are we looking at different screens?

[applepieinthesky] 28/2/2020 08:05

Ouch 450 coming tomorrow

[montyhedge] 28/2/2020 08:01

Holding well, I though 455p.

[1 nhs] 28/2/2020 07:52

IAG is resilient with a strong balance sheet and substantial cash liquidity to withstand the current weakness. We have a management team experienced in similar situations and have demonstrated that we can respond quickly to changing market conditions. We are strongly positioned for the expected recovery in demand



Utter rubbish

This is going bust

The world has changed

Things are moving so fast

[milliecusto] 28/2/2020 07:41

IAG says it is poised to cut short-haul flights on its European routes, while the budget airline is to introduce a pay freeze as part of a cost-cutting drive.Extract from sky news