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[m1k3y1] 19/3/2020 10:27

smithy...I guess Norwegian will be praying for government support.

[smithys2019] 19/3/2020 10:13

IAG was up about 3% before. Lufty up about 7%, Norwegian hovering around 7% loss.

How much more can Norwegian take?

[smithys2019] 19/3/2020 10:05

IAG results for Q1 are first week of May (7th) Hoping any negativity in the report is able to be counterbalanced by a recovery in the health and confidence of consumers across Europe. Could be a buying opportunity though😐

[hamhamham1] 19/3/2020 10:02

Not sure of dates, but always seems regular, as is ftse100 is spread over a few weeks for different companies, then soon time for the next quarters :)
Probably about 6 weeks for IAG next one. For quarterly results up to 31st march

[smithys2019] 19/3/2020 09:54

I reckon IAGs won’t be as bad as the other, but still will be a shocker. When I are the next quarter results due?

[hamhamham1] 19/3/2020 09:53

When the next earning updates come, I reckon all companies will massively increase their bad debt provisioning as well as reveal their using up of available credit lines.

[m1k3y1] 19/3/2020 08:38

Walsh giving up 20% of his salary for 3 months but IAG / BA drawing up redundancy plans and have served HR1 notices to the Unions.

[m1k3y1] 19/3/2020 08:33

ok, your view.

[toon1966] 19/3/2020 08:30

Fine. But I beg to differ on Trump being ahead of the game.

[m1k3y1] 19/3/2020 08:27

Hi toon.....not Trump fan in any way but do think he is ahead of the UK at the moment regarding this virus thing.
However, I also think that the USA is behind the UK regarding time frames. They will be the last for the population to recover.

[toon1966] 19/3/2020 08:25

So why would you want to test people who have already had the virus. Clearly Ham you know more than the UK's CSA

[hamhamham1] 19/3/2020 08:09

Toon. Ok. Yes there are test out there but current tests are hard to mass produce, else we would have millions available already.
Bit I stand by my statement it's easier to test for those who have had it.

[toon1966] 19/3/2020 08:05

Ham hi- that is a very misleading statement. Tests are available, the problem has been countries not having enough test kits (USA being a good example). Also suggest you listen to the UK's CSA Patrick Vallance on work on an antibody test for those people who had the disease but shown no symptoms.

[hamhamham1] 19/3/2020 07:54

With the figures Italy is posting now, which you can trust, I am really unsure about the true figures in China. They are too proud to tell the truth sometimes.

[hamhamham1] 19/3/2020 07:47

That's the whole problem, we and the world don't really have many tests available. It's not easy to develop a test to see if you have the virus, whereas a test to see if you have had a virus is easy, a blood test for antibodies.

[dround87] 19/3/2020 07:44

Have you known anyone who has tried to be tested and been turned away toon? Testing capacity is still very low.

[smartie6] 19/3/2020 07:38

Appears only hope now is nationalisation. That's providing government willing to support. What will £200b buy the government, perhaps 95% stake in them all?
Guess it's time to think seriously about your investment. DYOR.

[watfordhornet] 19/3/2020 07:38

Don't blame you. Unfortunately I tend to drip feed in but think your strategy is certainly most sensible.Would love to be 100% in cash on sidelines now - life changing opportunities. I on other hand have about 20% cash inly

[hamhamham1] 19/3/2020 07:35

Calling the bottom of the market is a fools game (when it's still descending), am gonna wait for it to bottom out and for optimism to return, then it's safer to go long, yes I may miss the first 10-20% rise but hey, at least I seen where the ground is before jumping.

[toon1966] 19/3/2020 07:30

Hey m1k3y1 you'll be delighted to learn that Trump/USA continue to lead from the front by approving Democrat legislation ordering FREE covid-19 testing. Just waiting on the UK to follow...oh hold cn..

[toon1966] 19/3/2020 07:11

Dround -a truly ridiculous statement "..almost definitely have it..."

[smithys2019] 19/3/2020 07:06

Spob, could well be a case of people transmitting to immediate family due to lockdown. If this is the case, there should be a sharp rise (we are getting that) followed by a sharp drop over the next few days. If it keeps going up, I fear for Western Europe