I apologise for my vagueness in posting as this is more of a question to the stoic investors in IAG rather than a contribution. My take on US sentiment atm is that they have reached a fundamental market bottom and that there is some consolidation going on across the board. Anyone think that there is some validity to this claim and could this lead to an improvement in sentiment towards IAG? Chart certainly looking healthier for IAG, but I thought bottom was 4.50. This stock has paid a tidy dividend and competes in a market alongside QBE. Just cant fathom why it continues to drop in such favourable local economic climate. Claims of storms and the like are rubbish in my opinion as all insurance companies factor in the likelihood of all these events into their policy pricing. I should know this as I am a customer who has never made a claim only to see my policies increase in cost at every renewal.
IAG Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
