International Consolidat... Share Discussion Threads

[smithys2019] 02/3/2020 14:21

Target price was well over 700 only a fortnight ago - once demand returns IAG are going to do well out of this - WW already commented they have learned from previous outbreaks and are planning to fill their boots once demand returns.

[smithys2019] 02/3/2020 14:20

Level 2 price up to 432 at 14:20

[smithys2019] 02/3/2020 14:19

Doubling up on the way down. A fair few shorters burned today, plus lots of short positions to be closed by end of today. A good share for SIPP and ISA allowances approaching April.

Big moves I reckon - once Norwegian goes, IAG have the capacity to suck up their profitable transatlantic seats. That’s over 2 million annually on the most profitable route in the world. RR is up due to it reaching the end of its issues with Trent, this makes a lot of 787 available that have been parked with engine changes.

For a company with over 7 billion in the bank now able to hedge fuel at record lows for months in the future, this is oversold.

[ny boy] 02/3/2020 14:16

Globally markets are very oversold, expect a big rally once CV is stabilizing, warmer weather will help kill the virus off.

To some fear in their eyes and some dribbling in front of the pc, tablet, phone, for others a chance to tuck away blue chip shares that have been beaten up. Be greedy, when others are fearful imo

[worraps] 02/3/2020 14:03

People do not want to go into self, or compulsory isolation, so would rather not report it if the symptoms are bearable and do not need treatment. I therefore believe that the actual numbers are much higher, and therefore since the deaths are always recorded and reported, the actual percentage of deaths per number of infected people, is much lower.

[hamhamham1] 02/3/2020 14:03

China had to build emergency hospitals for the demand, that just shows the intense strain on services which could be needed.

[loganair] 02/3/2020 13:57

d87 - A rubbish dashboard if I may say so....

South Korea 26 deaths & 4,335 confirmed cases.

Italy 34 deaths & 1,694 confirmed cases???....Iran 54 deaths & 978 confirmed cases???

It seems to me the truth for Italy is more like 4,000 to 5,000 cases and Iran upwards of 10,000 cases.

[dround87] 02/3/2020 13:47

I'm in with a third of my intended investment. Will add the rest as we go.

[dround87] 02/3/2020 13:46

Really goody covid dashboard. Could do with time filters

[dround87] 02/3/2020 13:46

https://gisanddata.maps.arcgis.com/apps/opsdashboard/index.html#/bda7594740fd40299423467b48e9ecf6

[loganair] 02/3/2020 13:26

I understand that for every death, 4 people need intensive care with 10% of people catching the virus really needing hospitalisation.

For those who are under 20, I understand many hardly even notice they have it and that is the problem that because on the whole the under 20s will not realise they have the virus, they are the ones who'll be walking around spreading the virus to other people.

[hamhamham1] 02/3/2020 13:22

What percentage needed hospitalization or ICU or invasive ventilation?
It's not just the death stats

[loganair] 02/3/2020 13:19

I think in the long run the cornonavirus is going to hit IAG more then airlines such as Easyjet - Why?

People are learning to work from home and video conferencing etc and therefore less need to go on business trips which is where IAG make their money whereas Easyjet, once the coronavirus has settled down people still want to go on their holidays.

[montyhedge] 02/3/2020 13:13

You may be right does not help empty planes.

[m1k3y1] 02/3/2020 12:43

NY Boy......I will be buying more also.

I have a question for any shorters out there.
Do you ever go long on stocks ?

[m1k3y1] 02/3/2020 12:34

None of this is based on IAG's fundamentals.
Just pure hysteria and speculation.

It is broad based panic selling, assisted by the MM's, shorters and the media .

[ny boy] 02/3/2020 12:07

I am buying for a long term hold 5+ years, so a 40% discount from recent highs and back to test last summer’s lows around 411/415p, is good enough for me, dividend reasonable too.

[sr2day] 02/3/2020 11:52

at this rate will be under 400p today.

[spacedust] 02/3/2020 11:46

I said markets will turn into a blood bath by 3pm. I got it wrong. It's happened before noon.

This is after worldwide announcements of cutting rates and supporting markets. Jeez imagine they didn't announce anything.

Below 400p here by tomorrow 430pm.

[ny boy] 02/3/2020 11:38

Qataris not hurting ffs, it’s a tiny investment for them, I expect they will increase their stake soon.

Certainly a great buying opportunity coming up imo

[m1k3y1] 02/3/2020 11:32

ham.....you say you have no invested interest in IAG and I do not see any posts from you, that are talking positively about IAG's business.
Continual negative posts on public forums, will have a damaging effect on any business.
You are talking the business down.

[daveboy1] 02/3/2020 11:27

Ham omelette for lunch anyone ...