International Consolidat... Share Discussion Threads

[montyhedge] 02/10/2018 08:11

One thing if oil price comes off these will bounce.

[nedhammers1] 01/10/2018 20:30

Hope not, meaning impact IAG ...

[nedhammers1] 01/10/2018 20:25

Hope not Neil and m1k more worried that confidence in the airways is already low without this latest bit of news, hope IAG bounces back tomora.....

[m1k3y1] 01/10/2018 20:21

Be interesting to see if IAG pick them up neil.

[neilrich] 01/10/2018 20:10

Primera Air have seven aircraft in service, I feel that IAG are in a different league!

Perhaps we could acquire their A321-NEOs, these could be used anywhere within the group, although I'm thinking LEVEL.

[m1k3y1] 01/10/2018 19:38

Not quite sure why that would impact IAG ned ?
They won't be the first , or the last airline to go bust over the next few years.

[nedhammers1] 01/10/2018 19:17

Primers air just gone bust, long haul budget airline. Not sure if that's good but could be another blood bath tomora for IAG?

[montyhedge] 01/10/2018 18:50

Must admit if oil does go to 100 dollars and if that coincides with end of buybacks, must be shortly , my target is 580p.

[m1k3y1] 01/10/2018 18:11

IAG RNS
Transaction in Own Shares
International Consolidated Airlines Group, S.A. (the "Company") announces that on 01 October 2018 it purchased 1,501,176 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
Trading venue
LSE 1,186,000

Bolsa de Madrid 315,176

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

Following the purchase, the Company holds 68,501,101 treasury shares and the Company's issued share capital (excluding shares held as treasury shares) consists of 1,989,488,193 shares.

The Company's total issued share capital is 2,057,989,294 shares. This figure should be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company to the Spanish National Securities Market Commission (CNMV)

[montyhedge] 01/10/2018 18:01

Another 1.4m share buyback today. Otherwise I think it would have been lower today.

[essentialinvestor] 01/10/2018 17:35

Just to clarify, that does not include the Ladamotion business,
that is all unhedged, from memory.

[essentialinvestor] 01/10/2018 17:03

RYA look 90% hedged atm?, but remember those hedges ultimately roll off,
that's what the market is starting to focus on - oil staying higher for longer.

[montyhedge] 01/10/2018 16:53

Going by the other airlines stocks IAG were a good performer today.

[m1k3y1] 01/10/2018 16:08

Geees Monty how many times.....IAG are Hedged !

Unlike RYA it appears !

[montyhedge] 01/10/2018 15:49

I hope they are hedged.

[m1k3y1] 01/10/2018 13:21

I suspect there will be more to come neil.
This is an exercise in managing people's expectations.

[neilrich] 01/10/2018 13:05

I'd agree....Ryanair are damaged goods, although amazed that they only expect a 12% hit against full year profits.

[m1k3y1] 01/10/2018 11:55

I have no idea why the RYA announcement should impact the IAG share price in anyway at all !
Just MM's jumping on the bandwagon again.

It does demonstrate to me that it is time for O'leary to go.

[nedhammers1] 01/10/2018 11:37

Tesco have been fined today around 14m

[montyhedge] 01/10/2018 10:04

Oil price will rise, airlines do face headwinds, IAG I will be happier when know what cost this hacking as cost, fine and compensation. UBS I think best analyst if they say neutral from Buy seems sensible,

[nedhammers1] 01/10/2018 09:49

I think IAG are very well placed to take more market share and can see a change in the direction of this share price upwards and hopefully stabalise around the 690 to 700 range

[neilrich] 01/10/2018 09:17

Ignore The Hype – Oil Prices Aren’t Going Back To $100

www.oilprice.com/Energy/Crude-Oil/Ignore-The-Hype-Oil-Prices-Arent-Going-Back-To-100.html
Bottom line: According to Berman, the trend of secular deflation in oil prices remains very much intact. While Berman expects prices to remain rangebound for the duration of 2018 - at least in the U.S. - it's likely markets will turn to a supply surplus next year, sending prices lower once again.

[neilrich] 01/10/2018 09:12

Good news for BA?!

What about Aer Lingus, Iberia, Iberia Express and Vueling? Ryanair is very dominant in Ireland and Spain, with much direct competition....I'd say less so with BA.

[nedhammers1] 01/10/2018 08:56

Agree Monty, they do not hedge their fuel whereas IAG does..... bodes well