International Consolidat... Share Discussion Threads

[montyhedge] 26/10/2018 07:28

These figures are superb, eps up 61.8% work out p.e. Dividend up 16% don't know what else you wanted, lol

[nedhammers1] 26/10/2018 07:24

Hmmm not sure the Markets will see it that way ..... Mind you it does say £200 million more profit expected next year.

[nedhammers1] 26/10/2018 07:23

Hmmm not sure the Markets will see it that way ..... Mind you it does say £200 million more profit expected next year.

[montyhedge] 26/10/2018 07:14

Wow beat all expectations, EPS up 61.8% dividend up 16%.These should be 825p in a normal market , but in a worldwide correction market.

[montyhedge] 25/10/2018 22:40

Let's hope bulls in the stock will be singing tomorrow.

[neilrich] 25/10/2018 20:14

www.youtube.com/watch?v=5anyibzrI6k

Not a spare seat in the house.

[montyhedge] 25/10/2018 19:53

605p tomorrow if decent.

[nedhammers1] 25/10/2018 17:54

You could flip a coin to predict what will happen tomorrow!

[neilrich] 25/10/2018 16:55

Since the announcement on September 6, 2018 British Airways can confirm that it has had no verified cases of fraud.

[m1k3y1] 25/10/2018 16:53

Bloomberg
Cathay Pacific Hack
Millions of Passengers Hit in Worst Ever Airline Data Hack

[toon1966] 25/10/2018 16:49

British Airways reveals a further 185,000 users affected in September data hack - hxxp://www.cityam.com/267114/british-airways-reveals-further-185000-users-affected

[nedhammers1] 25/10/2018 16:48

They also an ounces that there were more customers than first thought affected by the data breach. As a result the share price went up! Norwegian up over 20%.God if we had half that rise I would be in heaven lol

[neilrich] 25/10/2018 16:35

16% increase for the interim dividend, not sure why this has been announced Today?


25 October 2018

IAG INTERIM DIVIDEND

The Board of Directors of International Consolidated Airlines Group, S.A. (IAG) has approved today the distribution in cash of a gross interim dividend, against the 2018 financial results, of 0.145 euros per share.

[lufty] 25/10/2018 14:59

Looks like the leak has started for the results tomorrow judging by the share price ...

[m1k3y1] 25/10/2018 12:13

Norwegian Air hit with rising costs due higher fuel prices
hxxps://www.rte.ie/news/business/2018/1025/1006558-norwegian-air-results/

[m1k3y1] 25/10/2018 12:11

RYA share price up and down like a yoyo.
If you're a day trader I would think it presents a good opportunity.

[montyhedge] 25/10/2018 09:26

Deustche Bank raises prices target to 770p from 750p that will do boys, lol.

[montyhedge] 25/10/2018 08:59

Cancelled buybacks is a big bonus, rather than just holding in treasury.Superb news.

[montyhedge] 25/10/2018 08:43

Looking for 615p next week after figures been digestive.

[montyhedge] 25/10/2018 08:31

Dividend up 8 to 10% would be nice.Should be covered 3 times, ex Nov paid Nov.

[montyhedge] 25/10/2018 05:33

Shares being cancelled and not held. Brilliant. EPS will be given a boost.

[m1k3y1] 24/10/2018 21:40

Thank you neil.

[neilrich] 24/10/2018 21:23

For any company each ordinary share has a par value, for IAG the par value is €0.5 per ordinary share. It is a technicality and means nothing in the grand scheme of things.

Not sure why IAG are holing 8,854,110 treasury shares, however again a technicality.

[m1k3y1] 24/10/2018 18:44

I have a couple of questions which I would appreciate if someone could answer .

The latest RNS says that "Under the Programme, IAG acquired a total of 65,956,660 ordinary shares".

The previous RNS on the 23rd October says that "Following the purchase, the Company holds 74,810,770 treasury shares" .

There is obviously a difference here.
Why would IAG be holding 8,854,110 more shares ?

The RNS then says "to implement the resolution by reducing its share capital by 32,978,330 euros through the cancellation of 65,956,660 treasury shares".

The current IAG share price is approximately 565.00
Surely 65,956,660 multiplied by the current share price is substantially more than the 32,978,330 euros that they say they will be reducing their share capital by ?

Implementing a 500m share buy back program to cancel 32,978,330 euros of shares makes no sense to me ?

I would appreciate it if someone could explain the differences to me , unless I have missed the obvious ?
Thank you