International Consolidat... Share Discussion Threads

[jailbird] 13/5/2020 23:25

That article is already 2 months old BA IAG has moved on after that by raising liquidity

[sif12] 13/5/2020 23:18

If that article is at all true, then the previous experience of Bank bailouts obviously doesnt bode well for the share price in the short term. banks nationalied 40-50% meant so dilution of the same amount.

But can IAG be nationalised if its part British part spanish?

[qantas] 13/5/2020 22:17

Https://www.dailymail.co.uk/news/article-8139851/Ministers-draw-plans-nationalise-BA-struggling-airlines.htmlPlease do your own research as always.

[hamhamham1] 13/5/2020 18:40

Luckily I sold a place in December that I renovated. I don't see many places getting sold until next year, people won't want to invite others in and visa versa, plus people won't stretch themselves even with cheap money as security of work isn't there.

[jailbird] 13/5/2020 16:38

Silkslag,Another one on the filter Keep repeating the same posts over and over again wastes my time reading here Monty , you are on the edge hereLet's talk sense here and keep it balanced We know things are bad

[silkstag] 13/5/2020 16:19

IAG losses on £35 bn of planes will be more than its £6 bn net assets. £5-10 bn Trading losses on top. Shares already dead.
Countryside Properties (CSP) Q1 results 7am tomorrow. 33% over-valued =125p now. Will not be for long. 12 minutes left to tuck in with a frisky short sell @368p, if you are in to that sort of thing.
All imho DYOR.

[loganair] 13/5/2020 15:21

Travel giant TUI plans to axe 8,000 jobs despite government bailout:


Travel firm TUI Group has announced that it will slash 10 percent of its workforce worldwide in an effort to cut costs amid the coronavirus pandemic.

In its half-year financial results presented on Wednesday, the company said it will have to reduce operational costs to cope with the fallout from the pandemic, “the greatest crisis the tourism industry and TUI has ever faced.”

“We are targeting to permanently reduce our overhead cost base by 30 percent across the entire Group. This will have an impact on potentially 8,000 roles globally that will either not be recruited or reduced,” CEO Fritz Joussen said in a press release.

[montyhedge] 13/5/2020 14:42

At 135p market cap would be roughly 2.7 billion.

[montyhedge] 13/5/2020 14:38

Yes, plus market cap 2.7 billion. Still high. Bulls argue cash in bank, yes, but what about debt.

[hamhamham1] 13/5/2020 14:27

2012 lows pricing

[sif12] 13/5/2020 14:26

monty why 135? is that a charting support level?

I would have thought strong support at regular levels of 150p and 100?

[montyhedge] 13/5/2020 14:23

I reckon 44p to be made on the downside from 174p to 134p , 10p to be made on the upside if its rises.

[m1k3y1] 13/5/2020 13:55

The Independent
Tui says travel should restart across Europe and vows to ‘reinvent the holiday’

[carter633] 13/5/2020 13:41

Yep, the ultimate speculator.

[montyhedge] 13/5/2020 13:31

I think another 40p off current shareprice.

[montyhedge] 13/5/2020 13:29

Make it 135p.

[volsung] 13/5/2020 13:23

Look I'm serious...I will not buy IAG for more than 150p

[hamhamham1] 13/5/2020 13:04

I hope for his sake that he is making up his trades, ouch.

[hamhamham1] 13/5/2020 12:46

He does, the trades may not be with the 'black horse'but with the unicorn though.

[montyhedge] 13/5/2020 12:46

Talk of Ireland bringing in 14 day quarantine.

[toon1966] 13/5/2020 12:28

Does Monty even make investments...?