Yes, been holding around 3 weeks now and it's been a nice ride :) |
Yes, the last target was 400p issued on the 11thdeutsche bank raises international consolidated airlines to buy (hold) - price target 400 (215) pence |
for the flight...... |
Good 10yr graph on Trading Economics. |
Jeffries is always a little behind the curve. 400p would be a more accurate assessment of prospects as share buy backs and great cash generation continues to pay off debt in large chunks. Brokers slowly waking up to the prospects of continued buybacks and decent dividends returning as debt paid off. A great buy and hold... |
Nice one John. I had a feeling it breached 700 but wasnt sure. Thanks for posting |
Reached 670 on 20th Jan 2020 but anyway it's all exciting again now is the main thing. GLA |
Have a look at Feb 2020 Trust me was over 600 https://uk.finance.yahoo.com/quote/IAG.L/history/?period1=1576677159&period2=1734529936&filter=history |
You are correct. In 2017 it reached 700p. |
Jefferies raises International Consolidated Airlines price target to 350 (270) pence - 'buy |
? https://www.google.com/finance/quote/IAG:LON?sa=X&ved=2ahUKEwionuipgrGKAxUIa0EAHbwxK-0Q3ecFegQIJRAe&window=MAX |
Delighted to inform was well over 600 in 2020 hence the sheer opportunity this represents. GLA |
it has never been 600. |
Looking for 600p this time next year. |
Taken off and time to climb up to 40,000p |
Onwards and upwards. Blue skies above! |
The £3 ice sheet has been broken.Owards merry to the next target. |
JEFFERIES RAISES IAG PRICE TARGET TO 350 (270) PENCE - 'BUY' |
Will be good to clear the weaker holders and push through. |
£3 triggered a few sales. I'm hoping for more! |
On the day of the results, they will definitely announce more buy backs and also a possible return to Dividend. If this happens then the rise will continue. There is only one way and it is certainly up up up . GGood luck all. This only my opinion , do your own research for your own satisfaction. |
Not sure re below. One month through the buyback and the Shares are up 50p!2 more months of the buyback left yet. Obv this share price performance can't go on forever but what price the shares when this current buyback ends (the same time as the FY results).Depends how many nervous peeps like me get itchy fingers! |
Does it appear that Qatar is receiving preferential treatment here , or am I mistaken ? They are having their own shares ' bought back ' , while maintaining their percentage shareholding in IAG. Other shareholders are not being offered the same financial benefit .
Am I mistaken, or will Qatar now end up with retaining the same shareholding % in IAG for a much lower price than other shareholders, as Qatar has had their own shares re-purchased by IAG using shareholders profits ? |
![](https://images.advfn.com/static/default-user.png) So , in 2020 IAG issued approximately 3B new shares in a £2.5B Rights Issue.
The question I have is this:
How long will it take IAG to buy back those 3B shares at a rate of approximately €350M every 3 months or so ?
The RS states "Maximum number of shares to be acquired in the market: up to 319,447,282 ordinary shares, which represent 6.426 per cent. of the Company's share capital as of today's date (8 November 2024)."
I also note from the RS the following, which is interesting " Qatar Airways Group Q.C.S.C. ("Qatar Airways") has agreed to participate in the Programme on a pro rata basis so as to maintain its current aggregate stake in IAG (25.143% of its share capital). For such purpose, arrangements have been entered into between Qatar Airways, GS and MS pursuant to which Qatar Airways has agreed not to sell IAG shares in the market during the Programme but instead to sell to GS and MS, as applicable, on each trading day during the Programme (for on-sale to IAG) a number of shares proportionate to the number of shares bought by GS or MS, as applicable, in the market on each trading day, and at a price per share equal to the volume weighted average price at which GS or MS, as applicable, has purchased such shares on the market on such trading day.
Therefore, the Programme will be executed through purchases of shares in the market and purchases of shares from Qatar Airways on the terms set forth above, in an aggregate amount of €350 million (€262 million for purchases in the market and €88 million for purchases from Qatar Airways)". |
https://www.thisismoney.co.uk/money/markets/article-14182521/MARKET-REPORT-Shares-British-Airways-gaining-altitude.html |