International Consolidat... Share Discussion Threads

[m1k3y1] 06/10/2018 17:21

Can't disagree Essential.
That's why they are expanding Level I guess.

[essentialinvestor] 06/10/2018 17:09

m1, I've never travelled on easyJet, not a mind to say Ryanair,
but younger people seem to decide heavily on price.
I suppose it's a sign of the times with many having either student loans,
long after leaving Uni, credit card debt, car loans, large mortgages or high rents.

If you look at a UK example, in pubs JDW is booming, in clothes Primark now
the second largest retailer, Aldi, Lidl in food etc.
And I would assume this is a Europe wide growing trend.

[m1k3y1] 06/10/2018 17:03

It generally recovers after a sharp drop essential.
RYA not doing as well as IAG but seems to rebound all the time.
No explanation for it to be honest.

[essentialinvestor] 06/10/2018 16:55

I can only go on what they say atm, even the lower end of guidance is Euro 1.2 Billion. However, there may be another guidance cut.
It's a case does the price reflects this, or not.
The RYA share price recovered more sharply than I anticipated this week,
I was looking to add lower.

[m1k3y1] 06/10/2018 16:45

Interesting to note though, that IAG have been buying back more LSE shares than Bolsa.
Maybe this is intentional.

[m1k3y1] 06/10/2018 16:44

Load factor is always deceiving essential.
You can have a 100% load factor and still be losing money .

[essentialinvestor] 06/10/2018 16:42

Monty, need to look at the RYA numbers in fairness - September passenger numbers UP 11%, load factor 97. I hoped it would dip under £11, see what
happens next week.

[montyhedge] 06/10/2018 16:32

Brexit sword rattling at the moment.It will be fine.Figures a couple of weeks time.I see Ryanair offering cheap flights trying to get passengers back, don't think it will work this time.

[m1k3y1] 06/10/2018 13:24

Thanks essential
The FT
EU drafts tough contingency plans for no-deal Brexit


Quote
"European Commission president Jean-Claude Juncker said he expected the EU would reach a Brexit deal with Britain in November if it fails to do so this month."

[essentialinvestor] 06/10/2018 13:06

Monty, FT lead story, Monday may be grim?.

[montyhedge] 05/10/2018 13:56

Don't think below 600p could be wrong, that would put them on a p.e 5.5.I think 615p is the low. But no one rings a bell saying this is the low BUY, lol.

[m1k3y1] 05/10/2018 13:28

Why interesting Essential ?

[essentialinvestor] 05/10/2018 13:14

Monty, around 5.90 looks an interesting area.

[m1k3y1] 05/10/2018 09:01

Count me in neil.

[neilrich] 05/10/2018 08:50

Should this share price go any lower this company could end up in private ownership!

Should any bank wish to lend me £12 billion I would buy it....they'd get their money back within about 5-6 years.

[neilrich] 05/10/2018 08:46

The buyback is all but complete, I'd imagine that the €500 million was split equally between LSE and Bolsa, however the lower volumes in Madrid and the 25% of daily volume restriction has meant that the Spanish fell behind.

[m1k3y1] 05/10/2018 08:23

No purchases on the LSE ?

[m1k3y1] 05/10/2018 08:23

IAG RNS
Transaction in Own Shares
International Consolidated Airlines Group, S.A. (the "Company") announces that on 04 October 2018 it purchased 324,670 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

Bolsa de Madrid 324,670

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

Following the purchase, the Company holds 69,465,445 treasury shares and the Company's issued share capital (excluding shares held as treasury shares) consists of 1,988,523,849 shares.

[montyhedge] 05/10/2018 07:37

Interims in a couple of weeks, dividend increase 10% to 15% I expect. 500m buyback program nearly complete. Will they announce more buybacks. Sitting on lots of cash.I think gift from the stock market gods at this price.

[m1k3y1] 04/10/2018 17:07

IAG has 8B , probably closer to 9B cash in the bank by now.
Market Cap of circa 13B
Profit after tax December 17 of 2018.00
IAG’s overall operating profit for the six months to June 30 rose by 17.4% to €1.15 billion as total revenue grew by 3.1% to €11.2 billion.

Current share price is ridiculously cheap .

[neilrich] 04/10/2018 16:37

RYA closed up, perhaps I'm backing the wrong horse, I once thought about RYA, but was put off by the 1% stamp duty!

[montyhedge] 04/10/2018 15:29

I'm filling my boots, buy when they are scared, sell when they are greedy. Figures couple of weeks time. Looking for a increase in dividend about 15%.

[montyhedge] 04/10/2018 15:21

Incredibly good value, when its bounces it will rebound big.

[nedhammers1] 04/10/2018 15:09

Thanks Neil so hopefully it will start to turn soon ....

[neilrich] 04/10/2018 13:02

I shall expand upon my previous post...IAG prospective P/E after the buyback is 5.9, RYA P/E 10.98.

Which has the better brands? Which company has the better management? Which company pays the better dividend?