International Consolidat... Share Discussion Threads

[montyhedge] 09/1/2019 15:41

Oil up for 8 days straight, IAG perform very well on that. The nearer 29th March gets, the more nervous airlines investors will get.

[knowing] 09/1/2019 11:27

htTps://apple.news/AxzSiGIi4RHOsw8umn_tBTw

[m1k3y1] 08/1/2019 23:07

I would also add here, that IF it was the case that IAG had to buy out non eu shareholders, there is a problem.

You will recall, that UK shareholders who have their shares held in a nominee account, are unable to claim back Spanish withholding tax because the shares are held in nominee accounts and NOT in the name of the individual.

Now, IF the Spanish authorities are not willing to pay back the hundreds of millions of spanish withholding tax because individual nationality of the UK shareholders cannot be proven, then they cannot identify those same shares as being ones that have to be bought back by IAG because they are in UK ownership.

IF they can identify the nationality of shares held in a uk nominee account, then I would argue the many years of Spanish withholding tax and hundreds of millions of euros held by the spanish authorities should be paid back to those UK shareholders.

You can't have your cake and eat it !

[m1k3y1] 08/1/2019 22:24

Make of this what you will

Iberia claims it is part of a department store and not an airline to avoid Brexit shutdown
hxxps://www.headforpoints.com/2019/01/03/iberia-claims-to-be-part-of-a-department-store-and-not-an-airline-to-avoid-brexit-shutdown/

Brexit: Iberia says it is controlled by El Corte Inglés to prove it is Spanish
hxxps://elpais.com/elpais/2019/01/02/inenglish/1546440201_162784.html

[m1k3y1] 08/1/2019 22:17

I think the option of buying out non eu shareholders would not be a viable choice.
To be honest it would probably be discriminatory, apart from really really annoying it's non eu shareholders.

[neilrich] 08/1/2019 21:56

Brussels casts doubt on IAG’s no-deal Brexit flight plan

BA-Iberia owner suffers setback over move to keep EU flying rights

[m1k3y1] 08/1/2019 11:41

Monty....last reported bid rumour was circa 1B , down from previous offer.

[montyhedge] 08/1/2019 11:33

Surely they don't want it, sell the stake if they can, talk before was of a 1.3 billion pound bid. No way Willie.

Oil seven straight day of gains, as arabs cut production, talk of back to $80, lets hope IAG hedging at these low rates.

[m1k3y1] 08/1/2019 10:02

My preference would still be for IAG to dump the Norwegian stock and pick up the pieces when and if they collapse.

Easy jet would be a better bet BUT I have no doubt that they would demand a much higher price.

[montyhedge] 08/1/2019 09:45

Shareprice holding very well, with the uncertainty over Norwegian, will they or won't they and of course Brexit getting nearer.

[nedhammers1] 08/1/2019 00:40

Thank you m1k

[montyhedge] 07/1/2019 19:51

Always seems a bidder, normally shareprice falls.But do you think Norwegian would be a good target.

[watfordhornet] 07/1/2019 19:21

Monty - you do not mention the impact of price paid for Norwegian on the share price Surely the price paid will be a huge factor in determining whether the share price will crash or not. How can you say the share price will crash if a bid is made without knowing how much he would bid

[montyhedge] 07/1/2019 19:09

Hard to say I don't know how the market would take it.

[m1k3y1] 07/1/2019 17:40

Monty....are you referring to a short term drop or long term drop.

[montyhedge] 07/1/2019 16:46

Lufty
I think you can fairly say, that if IAG bid for Norwegian IAG share price would fall big time, thats my view.

[m1k3y1] 07/1/2019 16:29

Walsh wouldn't overpay for anything let alone Norwegian and I have no doubt that he wouldn't buy an airline that he couldn't make money out of.
I think the cost savings , slots and aircraft will provide substantial benefits to IAG.

[lufty] 07/1/2019 16:15

Removed duplicate post

[lufty] 07/1/2019 16:15

Hi montyhedge there is no way to predict the share price if they bid again for Norwegian.

Paying over the odds might see the share price below 500p whereas a revised bid at a reduced offer price would see this share over 700p again in my opinion.

The share price is being held down by the uncertainty around Norwegian so IAG withdrawing their bid would also see an increase in share price.

In summary any price is pure speculation unless you have inside information on the next price bid by IAG.

[montyhedge] 07/1/2019 09:13

Predictive text of course bid not big, lol. Disaster if they bid, for Norwegian. I see 550p if they made a move, looks like they will, they already got a stake in Norwegian.

[montyhedge] 07/1/2019 09:03

Yes would be a disaster to big for Norwegian. Bang goes dividend increase.

[nedhammers1] 06/1/2019 20:15

Is it possible to paste the article as i don't have access to the whole article, great find m1k

[m1k3y1] 06/1/2019 12:32

The Times
British Airways owner pursuit of Norwegian "could curtail dividend"

[montyhedge] 05/1/2019 11:22

Good performance on Friday, after oil starting to rise.