For a "Hodler" you have a rational post I can respect
Want to add a bit to your Exec,s blaming everything else other than themselves and a covid thought
You have to love Insurance Exec,s blaming poor performance on unexpected events . Hello dumb ass your premiums are priced on 1 in 100 year events so if you have 100 possible 1 in 100 events you insure then each year you have a mega payout event or a standard years results and no reason not to pay a dividend
If they fail to pay a dividend then the Motly Fools who run the company have lined their own pockets by dipping into the shareholders funds and thrown their hands in the air saying acts of God were to blame
With Godfather Buffet not knowing the final outcome of the covid insurance claims and not giving a reason you have to speculate so with tin foil hat in place here goes
- Not every one has put in a claim ,but why - court cases around the world are in progress. Some won some lost and all on appeal -Pappa Buffet loves undervalued and based on the posts hear it sure is so with his vault of cash you would think its time to take a few coins out of the petty cash tin and clean this stock up. With him not doing anything you have to think that IAG has a cloud full of rain yet to be dumped . -Share price is being dumped on again but not proof of anything . Players with a lot of firepower could be using it as a play as part of a larger play. For those who think a share price goes up or down on fundamentals you need to think again
IAG Price at posting:
$4.87 Sentiment: None Disclosure: Not Held
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