Shares opinions?

Mandaloiian

Hey everyone just wanted know opinions on some shares Intu Group is dirt cheap right now maybe around 3/4p a share however there up to their eyeballs in debt Something like 2 billion and with the lockdown they may not survive So looks bleak but would you say it’s worth a punt at that price if there is a recovery could be quids in also IAG another interesting share the price has plummeted it’s around maybe £1.50ish however I can’t imagine them going bust the government are throwing money at them yet they don’t want it Right now it wasn’t that long ago they were trading at £5/6 So what’s your thoughts another one on my mind is AML these last few days have really hit it hard but I believe  it will recover So what’s everyone thoughts?

AnotherJoe

You appear to have confused "cheap" with "low share price"

I wouldnt touch any of the companies you mention.

Too badly affected by the virus for years to come,  or yesterdays technology (AML).

There was an article today on AML about how much more money they will need, cant recall where i saw it.

Thrugelmir

Cheap is a relative term. None of the 3 hold any great attraction for varying reasons. The price of the shares reflects their current financial prospects.  Recovery maybe some time away given the current economic climate. 
The Government aren't going to bail out IAG. When Emirates holds a 25% share stake. They've deep enough pockets to fund the company. 

Alz1986

The issue with IAG is that the Qataris already own the maximum stake allowed for non EU residents - this leaves IAG needing assistance from within EU/UK unless the rules are relaxed to allow Qatar Airways to buy more of the company. Having said that, I think they'll do a deal with Qatar Airways or UK gov, they might even ditch 1 of the 3 airlines, the share price will rise, maybe not back to £6, but around £3 to £4 I reckon is realistic within 5 years, and that more than 100% return from where they are now.

Alistair31

AML drop is staggering, I still wouldn’t bet on their survival, never mind them recovering to a level to return you a % on your investment that makes the risk worthwhile, 

EdGasketTheSecond

It's informative to see if directors are buying these 'cheap' shares. In the case of AML, they bought into the rights issue at 30p though at the time the share price was 58p so maybe that is not surprising. Now it is around 33p. Still if directors thought it was a dead duck then they presumably wouldn't have bought too many rights.

MaxiRobriguez

Wouldn't touch retail shops or airlines with a bargepole. Unfortunately I'm left holding a company of which 50% of it's profits are in travel - I'm half expecting it to go bankrupt. 

Some of them will recover and do exceptionally well for those who were brave to buy in now. But others will just see you losing all your money. Personally if I had spare cash I'd find it easier to invest in funds, or if really want to push boat out for single shares, then something defensive like Unilever. 

Thrugelmir

Alz1986 said:

The issue with IAG is that the Qataris already own the maximum stake allowed for non EU residents - this leaves IAG needing assistance from within EU/UK unless the rules are relaxed to allow Qatar Airways to buy more of the company. 

A rights issue would suffice. % shareholdings then remain the same. 

bowlhead99

MaxiRobriguez said:

Wouldn't touch retail shops or airlines with a bargepole. Unfortunately I'm left holding a company of which 50% of it's profits are in travel - I'm half expecting it to go bankrupt. 

I wonder if that's WH Smith? I bought in on election results day at £21 ; sold some in December at £26 and the rest in early march for £17. It's down to £7.90 today after yesterday's results announcement (fine for the period just gone, bleak for the period ahead) but at some point it may be worth a punt. Since it hit £7 in mid March they have done a placing and obtained debt finance so they are allegedly 'poised for recovery' - but adding extra concessions in US airports etc is not going to do a lot of good if flight volumes are through the floor for the next couple of years.  I can't imagine people are flocking to their high street stores to stock up on essential stationery, magazines and greetings cards in this day and age - convenience stores at stations and airports was where the growth was coming from.

Thrugelmir said:

Alz1986 said:

The issue with IAG is that the Qataris already own the maximum stake allowed for non EU residents - this leaves IAG needing assistance from within EU/UK unless the rules are relaxed to allow Qatar Airways to buy more of the company. 

A rights issue would suffice. % shareholdings then remain the same. 

Well, it would suffice if the other investors have as deep pockets as the Qataris and the price is low enough for it to be a nobrainer for them all to participate to avoid their share of the business being diluted into nothing.

blue_max_3

bowlhead99 said:

I wonder if that's WH Smith? I bought in on election results day at £21 ; sold some in December at £26 and the rest in early march for £17. It's down to £7.90 today after yesterday's results announcement (fine for the period just gone, bleak for the period ahead) but at some point it may be worth a punt. Since it hit £7 in mid March they have done a placing and obtained debt finance so they are allegedly 'poised for recovery' - but adding extra concessions in US airports etc is not going to do a lot of good if flight volumes are through the floor for the next couple of years.  I can't imagine people are flocking to their high street stores to stock up on essential stationery, magazines and greetings cards in this day and age - convenience stores at stations and airports was where the growth was coming from.

Haven't actually bought anything in WH Smiths for years. It has zero value for me. Whether it rewards investors is another thing though. But I doubt I'm alone.

kinger101

blue_max_3 said:

bowlhead99 said:

I wonder if that's WH Smith? I bought in on election results day at £21 ; sold some in December at £26 and the rest in early march for £17. It's down to £7.90 today after yesterday's results announcement (fine for the period just gone, bleak for the period ahead) but at some point it may be worth a punt. Since it hit £7 in mid March they have done a placing and obtained debt finance so they are allegedly 'poised for recovery' - but adding extra concessions in US airports etc is not going to do a lot of good if flight volumes are through the floor for the next couple of years.  I can't imagine people are flocking to their high street stores to stock up on essential stationery, magazines and greetings cards in this day and age - convenience stores at stations and airports was where the growth was coming from.

Haven't actually bought anything in WH Smiths for years. It has zero value for me. Whether it rewards investors is another thing though. But I doubt I'm alone.

Can't stand them.  They insist on seeing boarding passes if you want to buy a newspaper in UK airports.  Despite they fact (a) there's no VAT on newspapers and (b) if there was, I'd want the newspaper for a reduced price or for the money to go to HMRC rather than them.