International Consolidat... Share Discussion Threads

[ny boy] 03/3/2020 11:42

ham, a lot of stocks are off 40%+ from the all time highs..BUY! But dyor as usual.

[hamhamham1] 03/3/2020 11:14

Once in a decade?
It was 415p only 6 months ago.
Ramp it up ;)

[ny boy] 03/3/2020 11:05

Onwards & upwards, markets present opportunities every so often and once every decade, fantastic opportunities, the latter is in play now

500p+ to 550p area likely imo

Dyor as always

[hamhamham1] 03/3/2020 10:48

Personally I do not fear the future, we just maybe go through a rough patch but everything always works out over time, markets always recover and rise, but they go up and down in the short term.
There's a great saying..
Don't do something, just sit there.

[smithys2019] 03/3/2020 10:44

Shorters getting dry fisted today.

[fernandesb] 03/3/2020 10:42

high Everyone,
I really hope and pray that this Virus is defeated,i am very concerned that soon that even my Private Pension will be under Threat.I am completely confused with the market.
I have reached a stage where i do no know who to trust.

[hamhamham1] 03/3/2020 10:32

NY boy, I get accused of depressing the share price with posting facts here, you are doing the opposite.
The truth is this is really early in the global outbreak, you cannot say that authorities are on top of it, it's quite the opposite really. I guess by your change of heart from 300p odd target yesterday morning to now gazillion pence, you invested yesterday afternoon?
Nothing has improved news wise regarding coronavirus it's just you now are invested. Eg See the outbreaks in Washington state, is that good news?



However, I agree with your right to post your point of view here, as all have a right.

[ny boy] 03/3/2020 10:23

500p + soon, Corona bolona rear view mirror, cases dropping in China, Italy starting to contain, rest of the other Countries can deal with it, apart from Iran, pizza poor at dealing with anything.

[ny boy] 03/3/2020 09:58

Investors are already pricing in Corona, which is entering the end game, we won’t be talking about it in a few months, just a temporary supply shock to global systems, normal service will resume in a few months.

Very happy mr market gave many of us an opportunity to buy 415/418 area, bit of a gift imo

[hamhamham1] 03/3/2020 09:57

Gaffer, true but I'm sure that's what Italy and Korea said about China until it happened to them, anyway let's see how it pans out.

[montyhedge] 03/3/2020 09:55

Way I see it if Coronavirus carries onI see 2014 low of 315p. Of course bounce today, is it bear closing or genuine buying, tomorrow will tell us. Potential for some profit warnings down the line, but only if Coronavirus continues.

[molecatcher2] 03/3/2020 09:24

I was on a very crowded BA flight from Sao Paulo yesterday, arriving at a very busy Heathrow. There were less people wearing face masks at Heathrow than when we left over a fortnight ago, which I found strange given the media hysteria. This might fall again short term [did I mention Short..]but looks very good long term for the reasons set out in previous postings.

I thought I would add to the random number game this morning but it looks like it's stopped, at least for now. However, in case it returns, we're just through 456, so how about 567 next, looking for 678. Great game and totally pointless ;>]

[gaffer73] 03/3/2020 09:20

Who cares about infection rates in Korea, this is Britain.

[grahamnash] 03/3/2020 09:14

Short term who knows how much more damage will be done to sp? Long term, holidays are near the top of the list for many people (just listen to what game show winners say they will do with their winnings!). Possible problem is that more businesses may get into habit of streaming meetings and reduce travel. But in my book IAG is a great hold for couple of years at this price.

[1 nhs] 03/3/2020 08:53

WAKE UP THIS IS AN EMERGENCY

Confirmed COVID-19 Infections in S. Korea Tops 5,000

Write: 2020-03-03 17:23:02/ Update: 2020-03-03 17:25:28


SO ON A PRO RATA BASIS SOUTH KOREA NOW HAS MORE INFECTIONS THAN CHINA


ITS FAR FAR WORSE THAN THAT # , BECAUSE THE INFECTIONS IN SOUTH KOREA ARE RUNNING 6 - 8 WEEKS BEHIND CHINA.

I PREDICT THAT SOUTH KOREA WILL OVERTAKE CHINA WITHIN TWO WEEKS, POSSIBLY DAYS.

THE ABOVE PROVES CHINA NUMBERS CAN NOT BE TRUSTED.

[spacedust] 03/3/2020 08:35

Short closed at 447p. Brilliant ride from 650p

[ny boy] 03/3/2020 08:28

Onwards & upwards, looking forward to Qatar increasing after recent weakness

[milliecusto] 03/3/2020 07:51

Dow futures turn negative, awaits G7 outcome

[hamhamham1] 03/3/2020 07:48

What will weigh on all markets is the strain on services, see below text fromThe Guardian regarding the stats on a western country (where we can rely on the stats unlike China), ie Italy, see the percentages that get hospitalised, require ICU and also those who had no need for any services. This is the moany point I have been making. Its not an encouragement to buy or sell shares, just adding factual info relevant to the world markets.

"The death toll from Italy’s coronavirus outbreak has risen to 52, an increase of 18 since Sunday, as the number of confirmed cases in Europe’s worst-hit country rose to 1,835.

The civil protection agency said 149 people had recovered from the virus, up by 66 since Sunday. The authorities said 742 people had been admitted to hospital, with 166 in intensive care. The vast majority of those infected had shown few or no symptoms and were recovering at home"



So of those who known got coronavirus, roughly 40% get hospitalised and 10% need ICU.

[jailbird] 03/3/2020 06:57

I agree Smithy You make a good point and I think that is a clever strategy by the BoDThis is a good idea in short term and hopefully will be enough . If it spreads in the US , then I guess BA could cut more and consolidate further I guess the market is and will look forward to impact on revenues etc for next quarter and next year .Even so the Co will do ok but revenues will be less for so . This why we will not see the highs anytime soon

[smithys2019] 03/3/2020 02:00

“ Iag have cancelled 171 short haul flights and cancelled 12 flights a week to New York till end of March.”

You do realise the current schedule has BA doing 9 flights to JFK..... a day, right?


There was always going to be a drop in demand. By consolidating flights, a significant sum can be saved in fuel, operating costs, allowances, atc fees... not to mention the remaining flights are using oil that is now priced in at less than 44 usd a barrel...

[1 nhs] 03/3/2020 01:44

OECD

LOWERS WORLD GROWTH RATE AGAIN .

Even in the best-case scenario of limited outbreaks in countries outside China, a sharp slowdown in world growth is expected in the first half of 2020 as supply chains and commodities are hit, tourism drops and confidence falters. Global economic growth is seen falling to 2.4% for the whole year, compared to an already weak 2.9 % in 2019. It is then expected to rise to a modest 3.3% in 2021. !!

Growth prospects for China have been revised down sharply to below 5% this year after 6.1%.


/////////////////////////////////////////////////////////////////////////////////


MORE RUBBISH FROM A BUNCH OF LOONS

THE LAST DOWNGRADE WAS JUST A FEW SHORT WEEKS AGO (3% to 2.9)

THIS ONE IS DOWN TO 2.4% GROWTH .


NOT A CHANCE IN HELL, LOOK FOR A DEPRESSION, OF THE SIZE, NOT SEEN FOR OVER 100 YEARS.

[jailbird] 02/3/2020 23:06

One more thing, but I do not know or can call the bottom yet, just to risky to say.