INTERNATIONAL CONSOLIDATED AIRLINE ORD EUR0.10 (CDI)LSE
Description
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Given a Vaccine approval by the UK, I have more confidence now with the route to Normal. LSE:IAG is backed by Qatar airways with around 25% stake with VIP board seats (Being demagogic).
In recent years 2016-2019, this company has been buying back shares increasingly more with yet even more in 2019.
2020 was a truly testing year with getting and IAG was probably the worst to suffer relative to major airlines, where NASDAQ:AAL American airlines is only down 48% YTD.
This stock had the Right Issue at 88gbx Valuation to impacted investors which makes this stock up around 85% from its Low.
With flights closing the 2019 gap from COVID, 2020 Start higher than 2019 till March happened.
Note: I have BUY position in this stock as indicated on the Chart.
Transaction en cours
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Loading more shares as it drops, Increasing position size below 161p
Transaction en cours
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Holding Position, I have to admit my entry was early and should have cut losses earlier, Holding this position till target is reached.
Transaction en cours
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Huge Drop, Close at a Loss at 131p, Worst Hit of the Year only for the new Rona to be a nothing burger for the stock to return to Pre-Mutant-Corona Levels.
Opened a Position at 151p, So the trade is still valid and now holding the trade open to the same targets.
Trade fermée manuellement
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Closed at 161p, shifting to AAL American Airlines, for higher risk adjusted Returns.