International Consolidat... Share Discussion Threads

[power] 24/1/2011 09:08

is the world asleep on this one ?? this has got to be a no brainer.

[maximillian1] 24/1/2011 09:06

No epic cde ..no price on CMC for IAG ??

[power] 24/1/2011 08:49

straange . Flat market. at 9.30 only 1.7 million traded!
Theres a split on price tween Mad & Ldn. A spread bet diff exists if its possible to trade that

[alphorn] 24/1/2011 08:30

Thanks Spob. The header material on your old thread was very informative; any chance of having the same data?
(Positions balanced long/short).

[factsonly] 20/1/2011 21:24

Nice to see old names still here and starting up this new thread, nice one spob.
Going to be an interesting day when IAG starts trading on its first day. My gut feeling is that the shares (over time) will be more stable than BA and Iberia individually due to its much larger size and liquidity.

[renaissance] 14/5/2010 12:06

I still have a share certificate for these; I guess I may as use it for toilet paper unless anyone else can advise otherwise?

[hybrasil] 11/5/2009 07:41

She was a disaster.

[moathunter] 11/5/2009 07:40

Why branch out into retail?
I suspect Arthur it was to do with Carol Duncomb coming from a marketing background. Marketer's main lever they pull to raise shareholder value is to brand things to increase profit. One key way for her to do this was to forward integrate the company into two trial retail outlets (i.e avoid shrewd retail buyers and sell direct to public).

...And during the height of a boom she thought this strategy could succeed, so the timing was awful in hindsight. The shops soon became a means to shift old inventory which, due to fashion's short design life cycle, is often a problem.

Personally bought at 6p on way down and still hold due to:
a. own stupidity in not recognising riskiness of the asset and yet
b. it has no debt and flimsy, mid price underwear is a cheap, repeat purchase consumable that should sustain demand in a recession providing not too many retail customers go bust.

Had hoped the activist investor Per Gylenhammer might release value but presumably he's had more pressing issues during this downturn.

[arthur_lame_stocks] 06/5/2009 09:40

Shouldn't they have some results soon. This was a total waste of £16m. A really poor example of shareholder value destruction. Why did they branch out into retail?

[hybrasil] 05/5/2009 21:19

carol Duncumb whom I thought was good when appointed turned out to be a total waste of space.

Why is the share price now rising?

[arthur_lame_stocks] 26/9/2008 18:00

Woeful results again.

[the mullah] 09/5/2008 11:50

This looks like "knickerless".

[studhaves] 30/4/2008 01:09

For a company with a market cap of now £3m-odd to have lost £6m in cash & £1m in trade recievables within a year says it all really - no one has been in control, the "management" are utterly useless, & now its going to get tougher.

These might even go to the wall.

[baner] 02/4/2008 19:49

ref Arthur Lame:

how well you summarised this: "what a waste of £15m"!

it is unbelievable that the board has not sacked mrs Duncamb and one can only hope the former chairman mr Hobbs will get his punishment one way or another - a complete clown he is!

hopefully the business can be turned around without too much further losses, in which case the current share price is probably OK - but with mrs Duncamb still in charge anything could of course happen - why have major shareholders not yet asked for her head on a plate????

[arthur_lame_stocks] 29/3/2008 18:54

truly woeful results. What a waste of £15m.

[superglide] 10/1/2008 08:55

dont know what these do never seeen co. before but i'd be buying now on pure technicals. not that i've any money lol

[arthur_lame_stocks] 07/12/2007 18:06

Very quiet over here.

Surely these are starting to look cheap again? The price must now be mostly covered by cash and property.

It remains to be seen whether the management can turn it around but I can't personally see the major shareholders letting the value all disappear and i'm sure they'll force through the changes necessary.

[the mullah] 24/10/2007 19:06

Price moved down.

[hybrasil] 10/10/2007 19:50

what caused the price to move upwards. Is it the new shops the company has opened?

[mrphil] 04/10/2007 13:26

Used to hold a few of these when they were still Sherwood Group, but sold soon after they changed to IAG and wondered whether I sold too soon. It seems not, if current situation is anything to go by! Still got good potential imho if only they could get their act together.

[studhaves] 04/10/2007 08:27

So if the weather & interest rates are to blame for the poor performance, then why have Ted Baker, whom this lot supply, just reported better than expected results?

I nearly bought some of these a while back because they seemed to have turned a corner, but they now seem to have turned it, then turned straight back around again.

Pants indeed.