International Consolidat... Share Discussion Threads

[waldron] 30/10/2019 15:28

BETTER TO LOOK AT FREE CASH FLOW AND IAG SHORT TERM INVESTMENTS

CERTAINLY NOT 8 BILLION AVAILABLE IT SEEMS

[montyhedge] 30/10/2019 15:25

No increase in dividend does not bode well, strange one with all that cash. Must be a lot of write offs or something tomorrow.

[montyhedge] 30/10/2019 15:24

Read the figures.https://www.iairgroup.com/~/media/Files/I/IAG/Interim%20Management%20Report%20for%20six%20months%20to%20June%2030%202019.pdf

[toon1966] 30/10/2019 15:23

I also look forward to Monty providing detailed information on the "8 billion in cash in the bank".

[maywillow] 30/10/2019 15:12

montyhedge
30 Oct '19 - 15:04 - 11770 of 11770
0 0 0
Strange 8 billion cash in the bank, no increase dividend. Perhaps another special next year.
Not expecting much tomorrow, 125m hit pilots strike, data fine 185m perhaps provision made.
So let’s wait and see, should all be in the shareprice now.


financials according to advfn


WHERE IS THIS 8 BILLION

I SEE ONLY 4 BILLION PERHAPS AND POSSIBLY 4 BILLION FOR DEBTORS

BUT CREDITORS COULD BE 10 BILLION

monty you got a link supporting your view

perhaps others would confirm montys assertion

[montyhedge] 30/10/2019 15:04

Strange 8 billion cash in the bank, no increase dividend. Perhaps another special next year.Not expecting much tomorrow, 125m hit pilots strike, data fine 185m perhaps provision made. So let's wait and see, should all be in the shareprice now.

[toon1966] 30/10/2019 14:49

Montyhedge predicted 10-15% increase. Well he had to get it wrong at some stage eh.....?

[cyberian] 30/10/2019 14:44

XD on 28th November...same as before....no increase...maybe a gesture to show prudence?

[jurgenklopp] 30/10/2019 14:38

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 2019 financial results, of euro 0.145 per share.

Accordingly, the dividend will be paid as follows:


Gross dividend 0.145
Withholding tax (19%) 0.02755
------------------------ --------
Net dividend 0.11745
------------------------ --------

[montyhedge] 29/10/2019 10:27

Yes would be stupid with about 300 TC pilots looking for a job. Certainly glut of pilots it's seems.

Reducing pension liability, means dividend can be bigger they said. With 8 billion in cash perhaps another special next year. Thursday dividend forecast I reckon up 10% to 15%.

Break out to new trading range 550p to 575p on its way, if Thursday ok.

[montyhedge] 29/10/2019 10:25

If your right then 575p after figures. UBS yesterday 650p target and still cheap. 8 billion cash, dividend up 10% Thursday is my prediction.

[m1k3y1] 29/10/2019 10:23

RYA up 2.7%.

There won't be christmas strikes. BA took the cabin crew to court in 2010 about strikes at christmas and won their case. It would be foolish for the pilots to announce similar dates, given the courts previous view.

[cyberian] 29/10/2019 10:14

Air France shares up another 1.5% today so far, and the omens for the strong names in the sector are improving. BA results this Thursday will probably show a little hiccup, but I have the sense that something is being worked out with BALPA to eliminate any serious disruption to service. It is in their mutual interest, and the recent comments by Walsh would suggest that an agreement is more likely and that there exists a shared interest in reaching a settlement.

[montyhedge] 29/10/2019 08:43

Must admit my fear is after the figures on Thursday will the greedy pilots starting talking about Xmas strikes to use has leverage against BA. No news on pay talks.

[montyhedge] 29/10/2019 08:00

Figures out on Halloween this Thursday, let's hope it's not a horror story, lol. Strike 125m hit, data find provision perhaps.

[cyberian] 28/10/2019 16:14

With Air France shares up 1.9% today, IAG is rather flat despite reasonable results expected on Thursday, and UBS still holding their rating.

[waldron] 28/10/2019 15:53

International Consolidated... IAG UBS Buy 650.00 - Unchanged

[montyhedge] 27/10/2019 19:50

Figures Thursday boys, not expecting to much, greedy pilots cost IAG 125m, I also wonder if they will make a provision for the data fine 185m.On the bright side 8 billion cash, dividend should be up 10%.

[applepieinthesky] 27/10/2019 12:05

I told it's in the court process and a decision is expected in a couple of weeks the point being persued is the deduction of wages beyond the two day strike in some cases amounting to 5k not a normal two day deduction. This move is typical BA to try and divide the pilot community and weaken the stance.

[m1k3y1] 27/10/2019 11:09

How does BALPA manage to get a discrimination claim heard so quickly in the Tribunal Courts ?
I understand that the ET is substantially overwhelmed with claims at the moment and cases are having to wait in excess of 12 months even for the Initial CMD.

How can a deduction from wages claim from striking pilots be discriminatory ?
Can you provide a link to the legal claim please.

[applepieinthesky] 26/10/2019 21:03

Well after getting the info on why it's all gone silent on the talks front basically nothing happening BALPA in legal challenge regarding BA's deduction of money from pilots using a special formula which is regarded as discriminatory another form of bullying in the industrial dispute which is ongoing. It maybe two weeks before the case comes to a head but if won by BALPA a strong position will determine the next move so let's not count out a Xmas getaway shutdown this affect your typical Tory Skier or Barbados bound Tarquins travel plans. Wait and see but it's looking like this could rumble on for some time.

[m1k3y1] 26/10/2019 18:09

Plane passengers face higher fares and less choice this winter following collapse of Thomas Cook and Flybmi

[the grumpy old men] 26/10/2019 17:06

lol

a good auditor would know the tricks of the trade,might be lenient or even turn a blind eye to minor infringements

this goes beyond that and makes one think beyond the culprit

[m1k3y1] 26/10/2019 16:57

indeed......and how was she allowed to spend so much on a BA corporate card with no checks ?

[the grumpy old men] 26/10/2019 16:42

I DESPAIR

Where were the internal and external auditors