International Consolidat... Share Discussion Threads

[m1k3y1] 25/3/2020 09:43

jailbird.....Sunak has offered the 2500pm but it doesn't mean that Companies have to apply it.

Given that GOV are not offering any useful financial assistance to airlines, they cannot now be surprised if companies make employees redundant, as I expect IAG / BA will.

Forcing companies to use all options before looking to take a stake in a company at the lowest possible SP, is not very tempting for any company.

So they will have to explore other cost saving measures, which will inevitably mean staff cuts.

The blame will fall to GOV when it all comes out of the wash IMO.
Good uptick today, so investors see an opportunity here.

[milliecusto] 25/3/2020 09:37

Your delusional, another suckers rally, virus is still raging

[ny boy] 25/3/2020 09:11

These markets are like, if you are walking behind a pick up truck and someone is throwing out bundles of £50 notes..you’re going to pick them up and put them in your wheelie suitcase, as there is no other traffic coming up behind you.

[hamhamham1] 25/3/2020 09:07

Yep, avoid those which will go bust or dilution needed.

[dround87] 25/3/2020 09:05

Hmm. Whole sector is up against the market. Even carnival. Just an illustration of how far these companies have fallen but also evidence they will massively outperform the market on recovery. Presuming they don't go bust or take a bailout. IAG is the only one I would hold IMHO.

[toon1966] 25/3/2020 09:05

Nope based on US $2 trillion stimulus bill.

[jailbird] 25/3/2020 09:01

I think this rise maybe based on IAG surviving and benefitting from other failures

[ny boy] 25/3/2020 08:50

Once CV has peaked the gov stimulus will be very supportive for global equities to ensure a strong V shaped recovery imo, not out of the woods but hopefully the markets bottom formation underway will provide a firm base to build on the recovery GL

[smithys2019] 25/3/2020 08:47

Now up 15% on open. Wishing I had bought more at 210 now

[jailbird] 25/3/2020 08:31

Https://www.headforpoints.com/2020/03/24/government-to-uk-aviation-industry-drop-dead/

[nw99] 25/3/2020 08:30

Very cheap and no bailout needed

[ny boy] 25/3/2020 08:24

Onwards & upwards, hold these cheap shares for a few years, retire early imo dyor

Cream always rises to the top, most will miss the CV fantastic equity market opportunity of a lifetime. GL

Ignore the noise

[farrugia] 25/3/2020 08:21

'Government may soon allow non-investment grade companies to access pots of state funding which may benefit the weaker players in the sector.'

where did you hear that jailbird?

[dround87] 25/3/2020 08:19

Spot on I think jailbird. This will be a textbook example of buy the rumour and sell the news.

[dround87] 25/3/2020 08:18

In general ham. Not selling my iag shares or any of my recovery portfolio. This is what I'm doing with my cash pile.

[jailbird] 25/3/2020 08:16

I do not expect the rise to last long

[smithys2019] 25/3/2020 08:06

Up 7% on open.

[hamhamham1] 25/3/2020 08:04

I trust you are not selling, as you said you were buying on the way down?

[jailbird] 25/3/2020 08:02

M1klyThey are saving jobs .. down to BA if they want retain them Cos will exploit this situation to get rid further Their IT is already bareboned and outsourced .Only front line staff are at risk The Government stated that airlines and airports are already benefitting from the ability to reclaim up to £2,500 per month of the salary of furloughed workers. There was also an implication that the Government may soon allow non-investment grade companies to access pots of state funding which may benefit the weaker players in the sector.

[dround87] 25/3/2020 07:54

Going up imo. But it's not a buying day today. Today is for selling. Get excited about a big rally then go and read the news. Bottom not in yet. Buying days will come around soon enough.

[hamhamham1] 25/3/2020 07:52

True, it's hard to argue that the share price wont be higher in the future at some point. Its just seeing what the near term price will do depends on how they solve the issue.

[smithys2019] 25/3/2020 07:47

Ham, the price will go up. IAG have been fighting government intervention since the
Start. They want to see others fail so they can take the biggest slice of the pie once life recovers. WW has not once said they want a deal. Only easy and VS. Seems UK government doesn’t want to step in now, instead will prefer to let market forces take over. Despite the extreme environment the market finds itself in.

[hamhamham1] 25/3/2020 07:41

France and Germany are the main players and decision makers in the EU, so I can see Air France and Lufthansa getting a nice deal, but that wouldn't be fair, so unlikely in theory.

Airline status stats:

[smithys2019] 25/3/2020 07:33

Jailbird, the money is not equally divisible amongst opco within IAG. Money BA make is BAs.

So could well see Iberia go to the wall and BA survive