International Consolidat... Share Discussion Threads

[montyhedge] 20/11/2019 08:17

Goldman Sachs Reinstates SELL EasyJet 1240p target.But then like IAG BUY target 665p. Out today.

[montyhedge] 20/11/2019 08:00

Goldman Sachs Reiterates BUY target 665p, just out.

[debaura1] 20/11/2019 07:54

Thank you fjgooner

[fjgooner] 19/11/2019 14:49

montyhedge
19 Nov '19 - 07:35 - 12141 of 12154

IAG far superior, even debt EasyJet £326m IAG cash 6 billion

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A typical distortion by this poster. New readers beware.

From IAG's latest consolidated results for the nine months to September 30, 2019:

"Net debt (€ million) 6,179"

And later in the report, more fully:

"Net debt at the end of the period, including the debt associated with right of use assets, was €6.2 billion and net debt to EBITDA was 1.2 times."

[thamestrader] 19/11/2019 10:06

Nice to be in 'proper profit' on this share, as opposed to a profit that's only thanks to generous/special dividends.

[montyhedge] 19/11/2019 08:50

Yes normalise p.e is 5.45, seems ridiculously low.In theory shareprice could double and still be good value at 11.9.EasyJet p.e 14.

[chiefbrody] 19/11/2019 08:48

What grates the most is the low P/E.Fair enough it being lower than the likes of EZJ/RYN etc but circa 5 is daft.Even a lowly 8 would see the share price around 8 squid.

[montyhedge] 19/11/2019 08:37

Of course all good run companies should have debt, but six billion cash in the bank, nice cushion.But IAG fundamentals must be one of the best in FTSE 100.Holding the shareprice back is the pilots, will they strike at Xmas or not.495p if they do, 615p if they don't. At least getting paid to wait and see.

[chiefbrody] 19/11/2019 08:31

IAG also has debt Monty. Lets keep it real.

[cyberian] 19/11/2019 08:17

mh...wow you were right...the Sunday Times got the £430 million profit correct but perhaps a bit more negative in their reporting than the case.Well done!

[montyhedge] 19/11/2019 08:03

Thing is if positive news from Balpa, then 615p.Come on Balpa where is the press release.

[montyhedge] 19/11/2019 07:56

Hope so, finger on the buy button.

[nedhammers1] 19/11/2019 07:50

I meant big drop for IAG?

[nedhammers1] 19/11/2019 07:49

I meant big drop for IAG?

[demo trader] 19/11/2019 07:48

European airlines have been resilient in the face of deteriorating load factors and the MAX crisis this year, Bernstein says, adding it believes the trend should continue. "Stability in fuel prices means headwinds are lapping, and winter capacity schedules look encouraging particularly in Germany, Spain and the U.K. If this discipline can be maintained into summer 2020, the environment for E.U. airlines will be much improved," the brokerage says. Bernstein advices investors to seek exposure in European markets with better capacity growth such as Germany or Spain.

[montyhedge] 19/11/2019 07:41

Yes, EasyJet p.e 14, IAG normalise p.e 5.45. Where's the value.

[nedhammers1] 19/11/2019 07:40

Agreed completely Monty, I just wish the market would see it that way. Big drop this morning?

[montyhedge] 19/11/2019 07:35

IAG far superior, even debt EasyJet £326m IAG cash 6 billion.

[nedhammers1] 19/11/2019 07:22

Well awful drop in profits! Especially as there has been an increase in passenger numbers....

[nedhammers1] 19/11/2019 07:22

EasyJet awful figures, in reality just shows how good IAG is performing, however I dare say the market will not see it that way.......

[chiefbrody] 18/11/2019 17:46

Back from windy Spain. See we've moved a tad higher. Div in 2 weeks. No higher till after shares purchased please :-)

[montyhedge] 18/11/2019 16:15

That's a bear trap, I bet EasyJet up in the morning.

[cyberian] 18/11/2019 16:13

monty...read the Sunday Times yesterday, not great for Easyjet but reasonable forward strategy.

[montyhedge] 18/11/2019 16:06

EasyJet figures tomorrow, going to be good, should dragged up the rest of the sector on sentiment.

[montyhedge] 18/11/2019 15:55

Come on Balpa press release, then IAG will start The Santa Rally onwards to new trading range 625p to 650p.