International Consolidat... Share Discussion Threads

[nedhammers1] 09/10/2018 18:06

Your the man Monty.....

[montyhedge] 09/10/2018 17:56

Arrived in Beijing flight was full, no spare seats, well in business anyway.

[neilrich] 09/10/2018 12:32

Both Iberia and Aer Lingus fly to New York, I doubt whether IAG have lost their crown.

Should you wish to compare Norwegian from the UK with BA, then I'd imagine that BA are still streets ahead.

[alphorn] 09/10/2018 11:39

Essential - read your post on Brexit. Difficult to call at present hence few posts on my thread. Down south at the moment and back in CHland next week. Needs an update next week fwiw.

[alphorn] 09/10/2018 11:18

Took the opportunity to close the short side this morning. Bullish position remains open.

[nedhammers1] 09/10/2018 08:37

Lol what do I know watch the share price bounce back up from today :-)

[nedhammers1] 09/10/2018 07:12

Just saying, but I agree whole heartedly that IAG are more profitable and has a balanced portfolio an great company, one of the best that the Market completely undervalues..... I see oil is remaining around 85 dollars. Can see this hitting at least 580 that Monty called a while back. Will rise back up,but not till oil retraces

[montyhedge] 09/10/2018 06:00

Are Norwegian making a profit on that route, lets see if they survive.

[neilrich] 08/10/2018 22:43

Guys, Where have you read about Norwegian having more flights to New York?

[nedhammers1] 08/10/2018 20:49

I can't agree more, but the Market for some reason does not see the obvious with IAG otherwise the share price would be 1000 and above tbh

[m1k3y1] 08/10/2018 20:44

Saw this ned. It provides a good positive for IAG to try and buy Norwegian BUT let's not forget, IAG / BA will be making larger profits on the JFK route than Norwegian due to the higher fares they charge.

As I stated in an earlier post, it doesn't matter how many passengers you carry, it all comes down to how much profit you are making and Norwegian are struggling.

[nedhammers1] 08/10/2018 20:25

Norwegian have overtaken BA for long haul flights to New York. Think IAG have to buy Norwegian, makes perfect sense. Price might drop again tomorrow!

[m1k3y1] 08/10/2018 18:28

IAG RNS
Transaction in Own Shares
International Consolidated Airlines Group, S.A. (the "Company") announces that on 08 October 2018 it purchased 333,065 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 333,065

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

Following the purchase, the Company holds 69,798,510 treasury shares and the Company's issued share capital (excluding shares held as treasury shares) consists of 1,988,190,784 shares.

[montyhedge] 08/10/2018 16:27

One thing higher oil price puts smaller airlines out of business. They have not got the capital to hedge.

[montyhedge] 08/10/2018 16:19

Yes, oversold of course, oil dropping helps sentiment. Best thing Walsh did not bidding for Norwegian.Figures 26th Oct will get us back on on track.

[m1k3y1] 08/10/2018 16:16

Long way for it to go Monty. It has dropped from 726 in June.

[montyhedge] 08/10/2018 15:17

Way I see it rising slowly to 26th Oct, figures out, pleases the market. Shareprice jumps to 655p.

[montyhedge] 08/10/2018 15:10

Can’t see below 600p oil dropping.

[essentialinvestor] 08/10/2018 11:02

Alp, I very naively dismissed some of your concerns on Brexit
in the run up to the referendum. To say I've had a change of mind
would be an understatement. It's looks an unmitigated disaster,
particularly with the global political shift since. Got that very wrong.

[alphorn] 08/10/2018 10:54

Essential #531. Agree 100%.

[montyhedge] 08/10/2018 10:52

We know when these bounce these bounce.

[m1k3y1] 08/10/2018 10:21

Will have to be a hell of a bounce Monty.