Bay Capital Share Discussion Threads

[davey cameron] 09/6/2010 12:05

Excellent recovery play.
Going long from under 2.00.

Willie Walsh is doing an excellent job.
He's the kinda guy needed years ago.

Continue, and the Union will fall.

UK Gov. will also pile on pressure, cos strike idiots are affecting:
rail
bt
underground
etc...

[anotherguru] 09/6/2010 09:59

Thanks woff woff for proving drewz point about validated users being better educated.

;-)

[woff woff] 08/6/2010 23:02

i work,ed for klm ground crew for 22 year,s and ba worked 25% of what we did so if they steped up to the plate then you could get three people off pay and people said the office workers had two people to make them a tea and one to put the sugar in it i have neaver seen workers work so slow ly in my life so BA could be in profit if you stop this some men use to hide after job,s in the print they had ghosting over time is 8 hour shift s evern if its only need ed for four hour,s klm do four hour overtime but ba have to have eight hour,s this could be in profit so farst if they had the gut,s to sort this out willy is right and is not going as far as he should to save ba

[chancer] 08/6/2010 19:05

Neither Confirm Nor Deny

[shauney2] 08/6/2010 18:59

You must work in Waterside ;-)

[chancer] 08/6/2010 18:41

shauney2 I do not understand your link !

[shauney2] 08/6/2010 18:37

exbacrew,

re "BA has 4 times more non-customer facing staff than any other airline"

I think you can double that.Not sure if the Waterside head office was around 10 years ago.It is an open plan interactive latte drinking throwback.
It has so many staff that they each have a no parking day of the week through lack of space.

chancer,


So what does make the markets work?
3 years later and you still don't know.

[chancer] 08/6/2010 18:33

exbacrew - Perhaps the reason behind is that Unions should have no involvement in a Company and acting as if they themselves are the CEO.

I compare the unions to the cuckoo who as you know steals anothers nest.

People have an individual human right to be self sufficient, free and independant of others without intimidation, threat or violence.

I have worked for several Companies / Organizations who have a culture of hiding behind the unions as their get out card if they have breached employment conditions.

The Managers have their own union, The Police have their own Federation and it amazes me why ? One Police hierarchy I recently spoke to informed me that it is always nice to have something to fall back on.

Why ?

[alphorn] 08/6/2010 18:10

exbacrew - nobody is denying your emotions - anything but....

The airline industry and the economic situation has changed a lot in the past 10 years; it is important that it is streamlined for the next ten years. That will also include the non customer facing staff.

[chancer] 08/6/2010 17:34

If I was the leader of Unite or any other Union or official trying to destroy peoples lives, business and government, I would be too frightened to go to sleep in case I awaken with a horses head next to me.

[dancing piranha] 08/6/2010 17:10

exbacrew,

Thank the Lord for poor old BA that you are exactly that!

[bartram] 08/6/2010 17:04

BUY recommend in today's Independent:

Investment Column: BA is starting to look seriously cheap, buy
Edited by James Moore, Deputy Business Editor


Tuesday, 8 June 2010

BA

Our view: Buy

Share price: 196.4p (-4.4p)

British Airways is bucking and twisting through a particularly nasty patch of turbulence. Record annual losses of £531m, revealed last month, give some hint of the scale of transformation needed to drag the carrier into the viciously competitive modern age. Meanwhile, Europe's ongoing economic travails are weighing down on its airlines, even as the rest of the world starts to recover. And BA is still fighting with cabin staff over plans to cut jobs and trim conditions.

Willie Walsh, the chief executive, was his usual bullish self yesterday, branding the strikes a "failure" and stressing it is "business as usual" at BA despite the disruptions. The current wave of three five-day actions will finally end on Wednesday. Tony Woodley, the joint general secretary of the Unite union, has warned of another ballot as early as this week. Talks are at a stand-off. But now is still a good time to buy BA.

The main issues have been resolved with Unite, and BA is winning a war of attrition as fewer cabin crew participate in each strike. It is only a matter of time before the issues are resolved, and – even with the compromises already agreed with Unite – the company will be in a stronger position afterwards. There is also much room for improvement in BA's share price. By mid-March, it had climbed back within a whisker of its 257p price before the collapse of Lehman Brothers sent global stock markets into freefall in September 2008. Since then BA has done little but slide.

But regardless of the short-term industrial relations problems, BA has strong prospects. It has enough cash to handle the strikes, is on course to break even this year, and the enormous opportunities of tie-ups with Iberia and American Airlines have barely been factored in. Best of all, it continues to be a fantastically strong brand, even after the knocks and dents of the last nine months. BA is looking wonderfully cheap. Buy.

[chancer] 08/6/2010 17:03

exbacrew - If only you knew, even the strikers are looking at each other like cannibals kidding each other but behind the scenes trying to negotiate their own personal contracts. ( That is the genuine ones of course and not the constant trouble makers who will be found out sooner rather than later )

Did you never watch the TV programme Golden Balls ?

Human nature is survival of the fittest or the fight or flight syndrome and not the survival of the thickest.

[exbacrew] 08/6/2010 16:52

Selborne_Edge - once again for your information THEY HAVE AGREED TO THE COST CUTTING - it is Walsh being petty that is now holding this up

[selborne_edge] 08/6/2010 16:40

Willie is holding firm and he knows what he has to do. UNITE can just not be allowed to win, just as much for the wider UK industry as for BA. The country is entering a period of severe financial pressures. All of industry must cut costs the bone and in the case of the BA cabin crews, these cuts must go much deeper

[chancer] 08/6/2010 13:36

And do you really think BT are going to vote for strike action after this ?

Times have changed. Once upon a time if you did not smoke you were strange, now its called anti-social.

Once upon a time if you broke the picket line you were a scab, now you are a hero.

Once upon a time you were intimidated if you did not join the union, ( fill in your own bits of the story ending )

[anotherguru] 08/6/2010 13:30

I keep trying to get one of these jobs where you are paid to come on to ADVFN and bash the stocks for the pesky shorters/mm's/city boys but can never find one, now apparently you can also get paid to bash the unions too!

[jonc] 08/6/2010 13:19

OR, most probably, are on the BA payroll and instructed to spout this stupid union-bashing drivel in pursuit of Walsh's vendetta.

LOL.

You don't really believe that do you?

[anotherguru] 08/6/2010 13:08

I would say that not paying to use advfn actually scores you a few intelligent points.

[chancer] 08/6/2010 13:00

drewz - The game is not going to "Unites" scheduled plan.

Their back -up plan is flawed and their members who are on strike as a result of their own stupidity and ignorance (not as result of their own fault but brainwashed for the sake of £11:00 a month subscription)are beginning to wonder what the next few weeks budget will encounter.

As I am not a fully fledged paid up member of ADVFN that does not mean I am unintelligent, skinflint or cannot voice my own opinion for which my posts contain factual evidence and therefore maybe I should get paid for my time.

[schlemiel] 08/6/2010 11:40

It's more an embittered realism!