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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
International Consolidated Airlines Group S.a. | LSE:IAG | London | Ordinary Share | ES0177542018 | ORD EUR0.10 (CDI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
1.30 | 0.75% | 174.65 | 174.25 | 174.35 | 176.20 | 172.55 | 173.65 | 11,852,280 | 16:35:23 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Air Transport, Scheduled | 29.45B | 2.66B | 0.5401 | 3.96 | 10.52B |
Date | Subject | Author | Discuss |
---|---|---|---|
14/4/2020 17:34 | And JETS EFT as mentioned earlier is up nearly 4% today. | ![]() arai | |
14/4/2020 17:17 | Logan .......If I recall , you also have no financial interest in the Shares of IAG ? | ![]() m1k3y1 | |
14/4/2020 17:11 | Worldwide aircraft groundings as part of the effort to stop the spread of the Covid-19 virus will lead to unprecedented losses for global carriers, the International Air Transport Association (IATA) has warned. The aviation body has revised the projected global impact to the industry up from $252 billion to $314 billion in lost revenue. | ![]() loganair | |
14/4/2020 16:56 | Future potential. People buying the brand and the value of the company for the long term. | smithys2019 | |
14/4/2020 16:32 | Silk......are you going to answer my question ? why are you posting when you have no interest in IAG shares ? Or are you just trying to talk the share price down ? BTW Walsh and the IAG RNS say they have 9.3B in liquidity........of course IAG could be wrong and you could be right LOLOL | ![]() m1k3y1 | |
14/4/2020 15:29 | At 31 December 2019 IAG had: €13 billion capital commitments to buy 79 new aircraft. £13 billion current liabilities and £16 billion long term liabilities versus £4 billion cash and £7 billion other current assets. £24 billion fixed assets. Net assets were £7 billion. So if the fixed assets have fallen 33% ie £8 billion in value, group has negative balance sheet. 2020 trading losses will burn £6 billion cash? And the €13 billion plane buy obligations are a giant boulder around its neck. Ouch! All imho. DYOR | ![]() silkstag | |
14/4/2020 13:22 | Silk.......why are you posting when you have no interest in IAG shares ? Or are you just trying to talk the share price down ? | ![]() m1k3y1 | |
14/4/2020 13:09 | What % of pre-covid capacity do you think IAG will do in next 12 months? I assume about 20%. Talkimg about airline relative strengths is like a horse bridel manufacturer in 1900. Yes we are a good one, so all creditors will get 80-100p in £ instead of 25p. Shareholders will get 2p in £ instead of 0p. Great. IAG is working only for its creditors now. Maybe 7 May Q1 results will write down assets enough for market to work that out, along with empty 2020 bookings data. Maybe after Q2 results in August, or Q3 in November. I know shareholder delusion takes a while to dissipate. Here management did nothing wrong so hard to swallow being wiped out. But creditors will be mostly ok. All imho. DYOR. | ![]() silkstag | |
14/4/2020 12:28 | Silk....you still haven't answered why you are posting when you have no interest in IAG ? Are you shorting ? | ![]() m1k3y1 | |
14/4/2020 12:17 | I have always liked BA and respect its CEO. Iberia is less alluring. No magic wand for passengers who won't fly. 80% reduction in turnover will rout any business with high debt and high fixed costs. Axe route capacity and employees. Refinance at new reality of 10p share price to meet liabilities. This is all sad. Suggest rescue your remaining cash and keep it for the 10p rescue prospectus. Intra US air travel will recover. International business is doomed to 75% revenue loss. Spain will dog worse than most. So IAG is especially troubled. All imho. DYOR. | ![]() silkstag | |
14/4/2020 12:08 | Silk stag. I presume you forecast an even worse fate for all the other airlines with larger debt and less money in the bank? | ![]() hamhamham1 | |
14/4/2020 11:46 | Silk...I suspect that IAG will implement a redundancy program , once the furlough period ends but it will be directed at the UK operation, as , unfortunately the UK laws are not as helpful for British Employees as they are for EU . So, cheaper for IAG to make UK employees redundant and to restructure the UK operation. I don't see the disaster scenario that you portray and believe that Walsh has a very good understanding of the airline industry. I will be buying more. | ![]() m1k3y1 | |
14/4/2020 11:29 | Yes, IAG can manage losses on its grounded and 10% full flights with furlough grants during 3-6 weeks of government mandated spring lockdown. But what about advanced bookings for summer 12 weeks? Voluntary passenger no-fly. No grants. Wild losses. Then 12 weeks autumn voluntary passenger no-fly at say 10% of before etc. No grants. Wild losses. Do they put all planes in air 0-20% full for 6-12 months? No. They mothball and/or sell 75% of planes and the employee redundancy axe is wielded, in multiple waves. I recollect Spannish redundancy costs are huge. At a human level I hope the UK employees are treated generously. Good people. Done nothing wrong. What giant losses on writing down or selling say 50-75% of fleet? Creditors still get 100p in £ + interest. All this comes out of shareholder hides. Shareholders in groups with huge debt and huge assets are slaughtered when asset utilisation % crashes, the asset values crash. IAG will be refinanced once it has a viability plan at say 25-50% of current fleet and employee numbers, or whatever it is. But creditors will own 98% of the value in 15 months, shareholders a rump punt 2% of peak = 10p target share price. All imho. DYOR | ![]() silkstag | |
14/4/2020 11:12 | If you can understand why IAG are not looking for a bailout, then you'll understand why IAG are in a very strong position when this virus passes | tiananmen | |
14/4/2020 11:01 | And what better time than now to let your $60 per barrel hedge run out, barely used, whilst setting up new long term hedges to be in place for the future at $20-25 per barrel? Note to self, no more positive posts today!!!! | ![]() hamhamham1 | |
14/4/2020 10:57 | Oh no! We'll be getting on next :) | ![]() hamhamham1 | |
14/4/2020 10:55 | ham...good response, far better than mine ! | ![]() m1k3y1 | |
14/4/2020 10:54 | gotta be better than EZJ | ![]() nemesis6 | |
14/4/2020 10:37 | To be fair these costs are near zero or drastically reduced currently: Fuel. Oil. Landing Fees. Catering. Crew Expenses, such as travel, hotel and per diem expenditures when taking trips. 36,000 staff on furlow. Maintenance and servicing incurred through flying hours. Etc. No doubt there are many other costs which can go into hibernation or be drastically reduced? I am not saying there isnt an element of risk but you seem to imply that they have the same costs whether running or not. True, they are making a loss currently, but it's about how to finance the tick over for next few of months, money in bank, loans, share dilution? No one knows the future including you or I. It's worth a small punt in my book, but not for you, fair enough. Let's see where we are in 6-12 months. | ![]() hamhamham1 | |
14/4/2020 10:35 | Silk....in that case, if you have no interest in IAG, why are you wasting your time posting on this BB ? | ![]() m1k3y1 | |
14/4/2020 10:09 | m1k3y1, I wont hold a busted share at 250p when it is worth about 10p on restructuring in 15 months. Iberia's Madrid routes to Dusseldorf, Frankfurt, Hamburg and Munich will be dead for a year. Cant see much love on their routes to 8 US cities. Q) If breakeven is a plane say 80% full, what do you do with 20% full? A) Cut 75% of flights and fly 1 plane 80% full. Axe 75% of planes and 65% of all staff. Grim road ahead. Sorry, it is as simple as that. MANDATORY SELL Target refinancing price 10p in 15 months. All imho. Dyor. | ![]() silkstag | |
14/4/2020 10:08 | Price up today, probably off the back of rumours Norwegian will shortly go to Zero. | smithys2019 | |
14/4/2020 09:34 | Silk....do you own any IAG shares ? | ![]() m1k3y1 | |
14/4/2020 09:23 | International business travel will never return to previous level, behaviour and culture shift toward video calls. Greta T also wants this. BA profit will never return to previous level. Germany will self isolate with closed borders so Germans will not fly to Spain this sumnmer. Brits will also slash trips to Spain, as,will others. Iberia international and internal flight traffic will be decimated for years. Iberia profitability will never return to previous levels. Wild trading losses in 2020. Wild restructuring costs when axe say 50% of employees and fleet capacity. Wild asset losses as second hand planes in declining air travel market will fetch 30-50p in £. Still owe creditors 100p in £ on those planes + intetest. Balance sheets are already 'dead', the only question is when each IAG airline admits it. Q1 results 7 May? Q2 results in August when noone flies in the summer? Will they start permanently reducing timetable by 50%, then to 75% six months later when wild ongoing losses? When asset utilisation in the medium term collapses 30-50% the valuation does not go down 30-50%, it goes down 98%. The creditors own what is left. They do a refinancing deal at 2% of peak valuation. So IAG is heading for 10p. Suicidal and bonkers to keep holding IAG. Losing 98% in one share is a portfolio wrecker. All imho. Dyor. | ![]() silkstag |
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