Buy the dip? This is my view on the IAG share price today

first_img Stuart Blair has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. After a few months of optimism, worries of a European third Covid wave have once again put into doubt the recovery potential of airline stocks. Indeed, the IAG (LSE: IAG) share price has fallen around 14% over the past week due to such fears. But with the government aiming to restart non-essential travel on May 17, IAG shares may represent good value, especially following its recent dip. As such, is this a stock I’m willing to buy or do I think there’s too much risk?A potential UK third wave?Unlike the UK, the vaccination programme within the EU has been slow. The result of this has been rising cases within many of the member states. For example, in France, scientists believe that there could be up to 2,000 new cases of the South African variant, and this has prompted the country to implement a new partial lockdown. Boris Johnson has also admitted that the UK is likely to be affected by the rising cases within the EU.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Such news is incredibly bad for airlines such as IAG. Indeed, UK Defence Secretary Ben Wallace has already admitted that there’s no guarantee foreign leisure travel will be allowed from May 17. This will potentially hamper rebounding bookings and flights may have to be cancelled once again. As such, I think that this worrying news will continue to place a strain on the IAG share price.Is there any hope?Right now, IAG is highly dependent on implementation of the UK’s roadmap back to normality. In certain respects, it looks very promising. Cases in the UK are currently low and Matt Hancock recently stated that the UK is ahead of roadmap dates.  As mentioned before though, there are risks of a third wave. Although the IAG share price may seem cheap, it’s important to consider this risk.  Aside from a potential return to normality this summer, the prospects for IAG are mainly negative. This is mainly due to the uncertainty that remains over its return to business. In its recent trading update, the company was unwilling to provide any profit guidance for 2021 due to such uncertainty. The full-year trading update also revealed an operating loss of around €7.5bn, and a 29% increase in net debt to nearly €10bn. Unless normality can return this summer, I’m worried about the long-term future of IAG. Am I buying IAG shares?The quick answer to this question is no! The IAG share price has been boosted over the past few months by vaccine optimism, but considering the circumstances, I now believe it’s overpriced. More Covid news may therefore continue to spook investors, and lead to more selling. Although the UK roadmap is positive, it doesn’t compel me to buy.Of course, normality could return this summer, and given the uncertainty out there, that’s perhaps as likely as the gloomier scenario. In that case, the IAG share price looks very cheap. But this isn’t guaranteed. As such, I’m not willing to take this risk and will look elsewhere for bargains. Image source: Getty Images See all posts by Stuart Blair I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Stuart Blair | Wednesday, 24th March, 2021 | More on: IAG Buy the dip? This is my view on the IAG share price todaycenter_img Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Simply click below to discover how you can take advantage of this. Enter Your Email Address Our 6 ‘Best Buys Now’ Shares “This Stock Could Be Like Buying Amazon in 1997”last_img read more

NCVO CEO Karl Wilding steps down from role

first_imgNCVO CEO Karl Wilding steps down from role Melanie May | 26 January 2021 | News Tagged with: Charity People NCVO AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis NCVO’s CEO Karl Wilding has today announced that he is stepping down from his role immediately, and will be leaving the organisation at the end of March.His decision follows the completion of NCVO’s strategy review and organisational restructure, with it now being, Wilding says, time for someone new to lead the organisation’s necessary cultural change.He has been its CEO for the last 18 months, and has worked for NCVO for 23 years in total.In a statement, Wilding said:“Following some very difficult decisions, the finalisation of our new strategy and organisational structure is complete.“But we all know there is more to do to take forward changes in how NCVO works. When I was appointed CEO, I was clear that we had to challenge ourselves to think differently and do things better. We’ve been public about our work on EDI, which shone a light on the need for deep cultural change in the organisation.“I am proud that our new strategy and structure has cultural change at its heart. NCVO has made substantial progress over the last 18 months, but we need to go further.“With the strategy review, organisational restructure and the first part of our work on EDI complete, now is the right time for me to step away. Sometimes leadership is about knowing when to hand the baton on and I know I am leaving NCVO in safe hands.“I believe that new leadership will be able to lead the necessary cultural change NCVO is determined, rightly, to achieve. That requires someone new, not part of the past.“I will leave with real sadness, but I know it’s the right and responsible decision for NCVO. I will leave at the end of March. Until then, I will work with the board and interim CEO to support them, ensuring that the organisation remains stable and focused on the future.”Sarah Vibert, NCVO’s current director of membership and engagement, takes over as interim CEO as of today.A full search and selection process for a new permanent CEO will begin shortly, with a view to making an appointment by the Autumn.Commenting on Wilding’s decision, Dr Priya Singh, NCVO chair of trustees said: Advertisementcenter_img  371 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis “On behalf of the board of trustees, I thank Karl for his many years of service to NCVO, especially his leadership as CEO of our new strategy, his collaborative work on the response to the global pandemic and his role in initiating our EDI work. Karl’s decision to leave is rooted in his integrity and a genuine desire to do the right thing for the organisation he loves. He goes with our very best wishes.“I am delighted to confirm the appointment of Sarah Vibert, NCVO’s director of membership and engagement, as interim CEO from today. Sarah joined NCVO in January 2020 and over the last 12 months she has had a leading role in NCVO’s internal change programme, as well as our external collaborative work to make the case for charities and volunteering during the pandemic. Sarah will work closely with Karl and the board on a smooth transition.” About Melanie May Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via www.thepurplepim.com.last_img read more