International Consolidat... Share Discussion Threads

[m1k3y1] 14/3/2024 14:26

Why the drop today ?

[rongetsrich] 14/3/2024 12:10

Seems they're all out of favour.I mock our ramping idiot here, but I am positive about IAG, I am just trading elsewhere when it's not convincing.I will buy at 140, hopefully to hold. At the moment there is trading elsewhere to take 10p here and there at similar prices.

[action] 14/3/2024 11:59

Sorry down today 3.38%

[rongetsrich] 14/3/2024 11:35

What's the share price done?

[action] 14/3/2024 11:26

Cathay Pacific turned into profit. Restores divi after 5 years. Traffic up 4 times+

[1spitfire] 14/3/2024 09:54

One last point for today that I feel is very important. We must remember the debt was not as a result of woeful management and poor decision making. If it was then absolutely would be very concerning and most on here I suspect wouldnt be invested. It was as a result of an unprecedented pandemic totally beyond their control. IAG had 5 record years previous. Imo worth remembering.

[1spitfire] 14/3/2024 09:49

To add the reinvestment is good business strategy and standard practise to keep up with competition in the years ahead and a reason to instil further confidence not the opposite.

[1spitfire] 14/3/2024 09:46

1/New aircraft deliveries for B737 max 8 and 10 are at 50 with options on further 100 at discounted prices. 2/ IAG are not buying B737 Max 9s with door design investigation. The ongoing Boing audit prob main cause for little uncertainty so be good to have this completed soon. Geo politics built in current price. 3/ CEO has returned a healthy profit albeit odds on. However cant be sacked on that basis. 4/ Debt being reduced with excellent revenue streams bringing confidence this will continue.

[rongetsrich] 14/3/2024 05:54

Post 30159 and posts adjacent.Don't let miss goody two shoes fool you, Spitefire can have an illiterate potty mouth.lol lol lol brilliant .... Trying to deflect I see what's app lol lol . Jealousy a terrible thing ... holds people back in life sadly. Anyway great post re Spirit... lol lol. Such a similar market to IAG lol lol . . As said before 43 airlines went bust during covid. Surprised you didn't list them all lol. You can't make big money with what's app attitude sadly but hey ho. Each to their own

[rongetsrich] 13/3/2024 20:58

Hutch and John, you have a socially awkward admirer.

[1spitfire] 13/3/2024 20:38

Great to have Hutch and John on this board. Could not agree more. The opportunity is all there to see over the coming months years.

[rongetsrich] 13/3/2024 16:29

Have to ask Spiteful, he seems to have Board knowledge. Was that bored I meant? lol lol lol

[m1k3y1] 13/3/2024 15:32

I am still waiting for the CEO to explain where the 7B is coming from ?
I suspect that a lot of other investors are also.

[rongetsrich] 13/3/2024 12:15

The elephant in the room? TAP and AE.The city is not risking other people's money here. Generally the city is prudent with investments, so take that as you will.Debt will come good for this time next year, until then read the chart backwards to this time and copy/ paste for the next 12 months.

[whatsup32] 13/3/2024 11:03

RR should prove to be a nice capital growth depending on entry point. Its risk is spread over energy. Defence, airlines

IAG is one trick pony and risks can come from unexpected areas , However if its firing on all cylinders it can be a cash machine

[johnkidd1] 13/3/2024 10:46

I don't think a divi is on the cards but debt is being taken seriously and being prudently paid down. I stand by my previous post and am happy to hold whilst keeping an eye on world events. I think I have made a wise long term investment that should pay off over the next 2 years along with RR, Trust pilot & YU my other holdings.

[whatsup32] 13/3/2024 10:43

Very happy for holders as IAG had a nice rebound , but so has the market to a point.
However I'm still negative on IAG fir these reasons
1. New aircraft deliveries will be less then anticipated c 737 max and other Boeings .
2. Other airlines have highlighted this issue and seen their share price drop and profits warning issued .
3. Growth will be restricted due to 2
4. Costs still on the rise
5. Huge debt mountain
6. Questionable leadership
7. 7 billion to be spent on improving services. That's 7 Billion folks not a typo.
8. Where is the 7 billion coming from

[philmac56] 13/3/2024 10:38

Hutch...
I hope you mean 200p, not 2p lol

[hutchmeister] 13/3/2024 10:12

In 2019 the market cap for IAG was €16 Billion making a profit of €2.6 billion with a net debt of €7.5 billion. 2023 net bebt of €9.2 billion and a profit of €3.5 billion, with a market cap of ONLY €7.6 billion. I'm an investor for this recovery stock and with the current trajectory in terms of profits and capital management I think 2p well before the end of the year is very possible. Whilst debt needs to be managed it's normal for high net debt, I think everyone would have been up in in arms if a divi was paid for 2023 as we all know capital mgmt WAS the first priority. GLA long term investors.

[rongetsrich] 13/3/2024 09:29

High debt, no plan. TAP and Aur Europa. This share is off the City horizon for the foreseeable future

[1spitfire] 13/3/2024 08:30

M1 I feel Johns post is spot on. It's a large company with a sensible and prudent strategy coming out of covid. They do have a plan for the debt but they are also reinvesting for the future as any wise global business does. If they were struggling then the debt would be more of a concern. They arnt with great EOY figures showing they are on their way back to excellent profits. The debt will be taken of but patience is key.

[klotzak] 12/3/2024 18:40

Nail on the head. If people want the price to rise they need to tell the board what to do, not be all mouthy on an anonymous free board.
Debt too high for the company to be taken seriously.