International Consolidat... Share Discussion Threads

[jailbird] 24/2/2020 17:56

I cannot call the bottom..but just know it is not the time to buy...the next 2 updates will give a clearer picture.

But I will be a buyer once this news starts to turn positive.

At the momement it just looks like it will get worse before it will get better

[m1k3y1] 24/2/2020 17:50

jailbird.....I am a long term holder.
if you believe that in a years time it will be higher buy...if you don't then don't.

If you think that you are capable of guessing the bottom and the top, you'll be a better person than me.

[jailbird] 24/2/2020 17:45

m1k3y1,

Wake up....Airlines are the first to go on this kind of issue.

Did you believe airlines would fall when 9/11 happened?

You seem to the type who would be in denial about that too.

The markets are telling you..it ain't good news the longer this goes on and the more globally it spreads

When it is all over..yes pile in...but now is not the time to buy!

[montyhedge] 24/2/2020 17:36

525p tomorrow I reckon, if Dow finishes more than 1000 points down tonight.

[m1k3y1] 24/2/2020 16:59

It makes little difference what name you want to give it .
It is already widespread and clearly infectious.

The sell off is broad spread, not just airlines, with MM's and shorters panicking everyone .

The size of IAG will be to it's benefit, with smaller operators being affected more.
In the long run, it may even provide IAG with buying opportunities, with smaller airlines being unable to adsorb any impact.

When the panic is over, airlines will recover quicker, as normalcy returns.
At the end of the day, people and businesses have to fly themselves and their products all over the world.

That demand isn't going to change anytime soon.

[montyhedge] 24/2/2020 16:49

Figures should be ok this week. I expect no special dividend, but outlook going forward I doubt will be good.485p if coronavirus continues.

[sr2day] 24/2/2020 15:01

this will go down to 410p if there is a pandemic.it will hurt airlines badly.itmust be hurting already.

[jailbird] 24/2/2020 14:56

Spacedust,

I agree..not into shorting but can see why you would here.

The longer this drags on, the more likely figures will be hit.

If this is short term , then no problem

[jailbird] 24/2/2020 14:54

Who is this two minute Toon contributor.

I used to work for one of the big airlines in this group and still work in the airline industry.

I can tell you load factors are down at LHR, but this is not a surprise.

If Spain follow Italy, then you can bet IAG will take a further hit.

The more global spread the bigger impact on load factors.

[spacedust] 24/2/2020 14:29

I am not scare mongering any one. I am merely stating that sentiment is a huge factor in determining share price movements. This virus may not be as deadly as other viruses but this has more ability to disrupt services and sales of goods worldwide.

Like I said each to their own if you think scare mongering then be brave buy and think of beaches and roses.

I made the decision to short as the virus will get worse by the day. I'll revisit this thread on Friday

[toon1966] 24/2/2020 13:16

Go direct to jail jailbird, you are filtered

[jailbird] 24/2/2020 13:08

Do not discount this issue..The virus is not a big killer like the FLU but the way it infects is a bit concerning.

If it had been a more lethal virus, it could potentially wipe out a lot of the population.

What freaks me out how do ppl in remote locations who never left them are getting it

[jailbird] 24/2/2020 13:05

If it impacts supply chains, global growth and prevents ppl from from travelling, then Airlines will feel the brunt...

Anything like this or geopolitical issues always hit Airlines first

[daveboy1] 24/2/2020 12:16

Never 'compared' it to flu, merely stated that there are (currently) many more thousands of casualties from it, and that's all. Thank you for calling that silly. Much appreciated, and might leave the rational debate for now. Good afternoon.

[uhound] 24/2/2020 11:43

Stocks tend to fall further quicker than they rise.

What I'm saying is why buy today with panic in the markets?

Wait for things to calm down. May fall further, unlikely to rebound back to Fridays price in an instant. (Disclaimer: But not impossible!)

[spacedust] 24/2/2020 11:39

Everyone make their own decision and stick to it. I'm short from 650p here and until this virus is under control I'll keep the short in place.

[spacedust] 24/2/2020 11:37

Qatar are down o their recent stake.

To compare this to normal flu is silly.

World wide lockdown of major cities. Airlines sporting events csncelled.
Borders between countries closed.
People in quarantine. Families people separated.

Normal flu doesn't do this.

Apart from gold and silver majority of evrything else will tank to the oblivion. Once this is over it will spike higher to the oblivion.

It's a sad and dangerous virus and we can only hope this is soon at an end.

[daveboy1] 24/2/2020 11:30

Well said. Very much agree on that point.

[m1k3y1] 24/2/2020 11:24

Qatar would disagree...600m further investment into IAG.
This is all short termism driven by MM's and shorters, who love to scaremonger and panic people.
Fundamentals will dictate the share price long term.
Of course, if you believe that we are all doomed......then I guess you should follow the lemmings.

[uhound] 24/2/2020 11:18

Not sure it's a buying opportunity just yet.

[daveboy1] 24/2/2020 11:10

My IG account is also currently on lockdown :)

[tornado12] 24/2/2020 11:04

The market works on rumours and panic so as we see cities in clamp down WW there is only one way this is going day by day until good news on the virus controls. The WHO and other experts already have said this is something more than common cold and the stocks will be pushed down until good breakthrough news arrives. FTSE 100 set for sub 7000 no doubts but for long term investors is the next good opportunity since 2014 or 2009. It’s when you need the capital and not the dividend that this approach becomes a problem

[daveboy1] 24/2/2020 10:57

With respect, that doesn't change the fundamentals or the figures. I don't wish to travel in a car, thousands of people die in them every year. However, I will be in one very shortly as every day, as we all are through necessity. This must be the same for all forms of travel, risks are everywhere upon exiting the front door.