International Consolidat... Share Discussion Threads

[nw99] 04/3/2020 08:56

Wizz Air said it could cut flight capacity by as much as 10% in the first quarter if coronavirus continues to put people off flying.

[1 nhs] 04/3/2020 08:40

Remember this massive “SAFE “; 25 year lease upwards only rent reviews.

No one dreamt it would come to this .

Now watch your airline do the same but in weeks rather than years


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I was watching Intu, not because I was interested in the shares, quite the contrary, I thought that the board were 100% wrong in their policy and strategy.

Today's Rns:
Update on strategy to fix the balance sheet

As previously announced, intu properties plc ('intu', the 'Company' or the 'Group') has been reviewing a range of options to fix its balance sheet and establish a more appropriate long-term capital structure.

intu has, over the past several months, engaged in extensive discussions with its shareholders and potential new investors regarding a possible equity raise of between
£1 billion and £1.5 billion. Following these discussions intu has concluded it is unable to proceed with an equity raise at this point.

While a number of intu's shareholders and potential new investors indicated their support for an equity raise, the Board believes the current uncertainty in the equity markets and retail property investment markets precluded a number of potential investors from committing capital into the business and intu was therefore unable to reach the target quantum at the current time.

However, during this process, intu received several expressions of interest to explore alternative capital structures and asset disposals.

Accordingly, intu will continue and broaden its conversations with its stakeholders with a view to discussing the range of options available to the Company to demonstrate the equity value of the business and to utilise its assets to provide further liquidity . These include alternative capital structures and solutions and further disposals. intu will also continue to keep under review the feasibility of an equity raise.

intu is today providing a trading update on its position at the end of 2019 together with guidance for 2020. It intends to publish its audited preliminary results announcement on Thursday 12 March 2020.

[dround87] 04/3/2020 08:38

You know what I very rarely filter people. Debate is always welcome and I even enjoy reading what some of the more prolific profits of doom have to say. Sometimes they even teach me things I didn't know. That said your posts have no value in any way whatsoever. Filtered.

[1 nhs] 04/3/2020 08:35

That’s what they said to those free thinkers prior to both world wars

[hamhamham1] 04/3/2020 08:34

NHS. Enough crazy talk. Please :)

[1 nhs] 04/3/2020 08:29

DEFLATED BOOKINGS

Europe's biggest carriers warned on Tuesday that the epidemic was upsetting growth, with Ryanair Chief Executive Michael O'Leary forecasting a "very deflated booking environment" for the next two to three weeks before recovering



2 or 3 weeks !!


READS

MY AIRLINE IS GOING BUST AFTER THAT TIME

[hamhamham1] 04/3/2020 08:19

These are the last 2 articles posted on Yahoo finance under IAG,.am not cherry picking.

[milliecusto] 04/3/2020 08:11

No it won't, yes it may get bad, but not to that effect

[jailbird] 04/3/2020 08:06

1 NHS - Filtered

There are ways to communicate that you are a bull or bear

[1 nhs] 04/3/2020 08:04

World no fly zone soon

[jailbird] 04/3/2020 08:03

d87,

Agree..it is not a comparable..I was just trying to say, things take time to recover especially as we are still in the middle of this virus crisis

First I was concerned about the US market..and overlooked the UK market here is also a biggy.

We have to consider the airlines workforce are also at risk...pilot and crew..i think we overlook that

[dround87] 04/3/2020 08:00

So stagger your investments then and benifit! Although I'm really not sure this is comparible to 9/11 which left a lasting fear of air travel the bottom line is this - If you invested at the height of the bull run ahead of any crash, correction, crisis or pullback you can name you would be richer than you are today. If you were brave and bought the dips considerably more so. So all you bears can run and hide while the grown ups implement buying strategies.

[1 nhs] 04/3/2020 08:00

“”
NY Boy4 Mar '20 - 07:44 - 13564 of 13567
0 0 0
Stop spreading nonsense NHS auto bot, we are not South Korea ffs “”


YOUR ABSOLUTELY CORRECT, THE UK INFECTION RATES ARE A FEW DAYS BEHIND, SOUTH KOREA.

[sr2day] 04/3/2020 07:54

at the moment risk/reward is not tempting.avoid i reckon.

[jailbird] 04/3/2020 07:48

I remember when 9/11 hit.

BA share prices tanked to £2 initially...ppl thinking oh yes it will recover. But then the realisation that air travel to recover will takes a couple of years and the lasting impact will take longer before normality in travel returns.

I recall 80p was the lowest it reached.

BTW I am not saying it will happen here...but the virus needs to be contained and has peaked...This is globally of course.

Just for one moment think what will happen to travel in and out of the UK if the spreads in the UK..this scenario is unfolding here now

[m1k3y1] 04/3/2020 07:45

dround.....agree with your post.

[ny boy] 04/3/2020 07:44

Stop spreading nonsense NHS auto bot, we are not South Korea ffs!

[ny boy] 04/3/2020 07:18

ham ham, you do make me larrf..see you at 500p

Monty, obviously all United fans were supporting Chelski last night, can’t have the scousers thinking they could achieve the legendary treble United achieved in ‘99 lol

Klop yer having a larrf

[hamhamham1] 04/3/2020 07:10

When the Dow posts sharp losses followed by sharp gains, that is usually an indication of a bear market.

[sr2day] 04/3/2020 06:13

at the moment let the rampers buy.bet they do not do what they advise. make no mistake IAG revenue is under severe threat of this virus.it could be halved or even decimated if this virus is not eradicated .

[1 nhs] 04/3/2020 05:20

DON’T WE JUST LOVE THESE STITCH UP MERCHANTS



Easyjet is tipped to be the UK airline worst-affected by Covid-19. Analysts believe the hit will be temporary for London's four listed carriers and kept their 'buy' ratings on all four.

As well as a general lift in mood of markets yesterday, this will go some way to explaining why Easyjet (up 0.7 per cent, or 7.5p, to 1070p), Ryanair (up 3.1 per cent, or 0.35p, to 11.88p), British Airways-owner IAG (up 7.2 per cent, or 31.3p, to 464.4p) and Wizz Air (up 1.8 per cent, or 61p, to 3385p) all climbed higher



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KEEP THEIR BUY RATINGS

UNBELIEVABLE

[1 nhs] 04/3/2020 05:08

Given the history of this scenario, problems have aggravated not only for the airline passengers but it has also caused a financial crisis for the travel agents and airline administrations. In this regard, officials of Travel Agents Association, Tariq Sheikh, Adil and Faisal said that in view of the current situation, the government should formulate a mechanism by which passengers do not have to face a deduction for a refund of tickets. “The government should also have a policy which states that if a passenger wants to postpone the date of his or her flight, for the next few weeks or months, he or she will not have to pay extra money.”

They added that the number of people travelling overseas has dropped phenomenally in a few days due to the coronavirus epidemic. “People travelling to foreign countries will buy tickets after the elimination of this virus which has increased the difficulties of people associated with the travel industry. They are barely making ends meet.”

[1 nhs] 04/3/2020 04:14

No

They will go bust, off the back of a world, no fly zone.

Even the dippy ones here, can see the Italian effect, spreading to every destination.