International Consolidat... Share Discussion Threads

[nedhammers1] 09/9/2018 21:34

But I thinks you hedge bet IAG like me ......

[nedhammers1] 09/9/2018 21:34

But thanks All and maybe Monty is just being plain honest ;-)

[nedhammers1] 09/9/2018 21:33

I suspect Monty is shorting it, or looking for a buying position after or late on Monday ;-)

[m1k3y1] 09/9/2018 15:21

Monty, I don't understand why you are trying to talk down shares that you own ?

I see a lot more positives in the IAG share price than you.

[montyhedge] 09/9/2018 13:42

New rules came in May 2018 I would be amazed if no fine from GDRP victims would say what's the point of rules if no action, this seems worst than the PC world hack, fine of 2% of turnover if they wanted. Lol that would stop buybacks.

[younasm] 09/9/2018 09:17

Thanks Neil

[m1k3y1] 08/9/2018 22:19

Thanks neil, good to hear some rational feedback

[neilrich] 08/9/2018 20:11

There is no indication that BA were storing CVVs. The attack appears to have compromised the front end and transmitted details to a third-party as they were entered. Thus leaking the CVV (and any other payment data entered during the transaction) but not allowing access to any stored data. This was a very sophisticated, malicious criminal attack.

Yet some quarters are speculating that BA shall face a fine under data protection. lol.

Storm in a tea cup....a fine is unlikely, BA are more likely to be praised for their actions.

I'm implicated with this hack having purchased four flights within the two week window. All I can say is 10/10 to BA for their handling of this issue. Also to Barclaycard, before I had an opportunity to call...they had contacted me via text and email to advise that my details may be at risk, however I can continue to use my card in stores/hotels etc and ATMs, but they've put a stop on online/telephone purchase until my new card arrives within a few days.

The reporting within the media has been nothing short of appalling.

[m1k3y1] 08/9/2018 18:35

Tank ? No but monday mornings are always down .

This will recover.
IAG reported it within 72hrs, as required, which should mean a much reduced fine , if there is one.

[montyhedge] 08/9/2018 15:32

I would have thought so, hacking news keeps coming in the newspapers. The Guardian article not good.

[nedhammers1] 07/9/2018 21:29

Do you think it will Tank on Monday Monty.....

[montyhedge] 07/9/2018 20:20

Yes they went to town today supporting the shareprice over 1m bought, I think the most they ever bought in a single day.It was like nothing happened.

[m1k3y1] 07/9/2018 19:58

Ned
The more shares they can buy back and cancel, the better as far as I am concerned.

[m1k3y1] 07/9/2018 19:56

Excellent buy backs.
At this rate, we should achieve sub 2,000,000,000 shares.

[m1k3y1] 07/9/2018 19:55

IAG RNS
Transaction in Own Shares
International Consolidated Airlines Group, S.A. (the "Company") announces that on 07 September 2018 it purchased 1,019,477 ordinary shares of €0.50 each in the capital of the Company as follows, all of which will be held in treasury until cancelled.

Number of shares purchased LSE 686,974

Bolsa de Madrid 332,503

The purchase was made pursuant to the buy-back programme announced on 9 May 2018.

Following the purchase, the Company holds 54,992,672 treasury shares and the Company's issued share capital (excluding shares held as treasury shares) consists of 2,002,996,622 shares.

[nedhammers1] 07/9/2018 19:21

1 million buybacks today, that explains the closing price, just hope and pray it does not drop again on Monday

[montyhedge] 07/9/2018 15:28

Yes, book squaring before the weekend. Incredible shareprice as if nothing as happened. Must be the power of buybacks.

[molecatcher2] 07/9/2018 14:48

Looks like the Yanks like it....;>]

[montyhedge] 07/9/2018 14:09

Not yet, weekend press going to have a field day, already Daily Mail started.
Lucky buybacks holding price at this level otherwise 650p. See what the yanks do at 2.30pm

[m1k3y1] 07/9/2018 13:54

This could represent a good buying opportunity

[m1k3y1] 07/9/2018 13:53

Monty. not big time.
This is a minor problem which will cost them very little.
They will have to pay some compensation but it will take time and not be substantial, when compared to the annual profits.

[mike24] 07/9/2018 13:08

ultimately it's about having good enough IT staff
to check outsourcing on a regular basis

google
10 EPIC FAILS WHEN OUTSOURCING TO INDIA

[montyhedge] 07/9/2018 12:53

According to Daily Mail, one customer had her account hacked £1600 gone. PR disaster.

[montyhedge] 07/9/2018 10:22

mik3y1
Would be nice, but in the meantime, 625p possible short term, September historically the worst month for the market anyway. But this is bad news short term, for brand, financial costs, etc.
GDRP will they make an example and show their teeth? New rules came into force 25th May 2018. See how it plays out.