IAG SA and other airlines. Time to buy?

csgohan4

Retireby40 said:

csgohan4 said:

Retireby40 said:

csgohan4 said:

LHW99 said:

IAG was hyped in one of the tabloids (online) today - puts me off without looking any further!

Together with Rolls royce they were the highest shorted stocks recently. To a lesser extend CINE as well, especially if you got in at 27 p. 

Shorting stocks is very risky and you could lose 10-30%+ in a matter of mins if you time it wrong. My second tranche in IAG may not be 90p but I know it is still a long way off their Pre covid price and some way to go there, assuming they don't go bankrupt

normally I wouldn't dabble in these shares, I would have stuck to index trackers and satellite funds, but there was an opportunity, sadly I wasn't investing 9 months ago

Have you looked much at Nio and the electric car market in China? Obviously we've all seen how Tesla is going. Nio in and around 40-42p at the moment. 

Based on the government schemes in China to get 25% more electric cars on the roads up from 5% by 2025 again seems an area that could potentially increase. 

they and xpeng are on my watch list, bit volatile at the moment

But at the price they are at which is quite low although volatile would you not think now is the time to buy.

If you wait till there's more evidence and consistency that they should fulfill their plans price rises will shoot up.

You could say the same for alot of spacs. With the uncertainty in China and the relations with USA, is troubling to say the least

Retireby40

csgohan4 said:

Retireby40 said:

csgohan4 said:

Retireby40 said:

csgohan4 said:

LHW99 said:

IAG was hyped in one of the tabloids (online) today - puts me off without looking any further!

Together with Rolls royce they were the highest shorted stocks recently. To a lesser extend CINE as well, especially if you got in at 27 p. 

Shorting stocks is very risky and you could lose 10-30%+ in a matter of mins if you time it wrong. My second tranche in IAG may not be 90p but I know it is still a long way off their Pre covid price and some way to go there, assuming they don't go bankrupt

normally I wouldn't dabble in these shares, I would have stuck to index trackers and satellite funds, but there was an opportunity, sadly I wasn't investing 9 months ago

Have you looked much at Nio and the electric car market in China? Obviously we've all seen how Tesla is going. Nio in and around 40-42p at the moment. 

Based on the government schemes in China to get 25% more electric cars on the roads up from 5% by 2025 again seems an area that could potentially increase. 

they and xpeng are on my watch list, bit volatile at the moment

But at the price they are at which is quite low although volatile would you not think now is the time to buy.

If you wait till there's more evidence and consistency that they should fulfill their plans price rises will shoot up.

You could say the same for alot of spacs. With the uncertainty in China and the relations with USA, is troubling to say the least

That said China has such a huge population and market that even if they only sold the electric cars there it could be a huge business. 

I guess everything is speculation.