International Consolidat... Share Discussion Threads

[3rd eye] 25/10/2017 11:20

IAG International Airlines, 6 month high after B/Out in last 10 days. Fwd P/E to 2018 just 7.6 Credit Suisse go...... outperform 721p (from 686p).😎 results friday.

[chiefbrody] 20/10/2017 20:11

Aye still cheap. Hold them both. IAG would be 1000p if it had a US style valuation.

[3rd eye] 20/10/2017 14:59

IAG International Airlines looking strong after the breakout at 640p. Forward P/E just 6.6. By comparison EZJ forward p/E is 13.2. Dividend cover 3.96. Buying back shares to CANCEL as well.



5 year chart.....



Recent broker note.....

18 Oct 17 Credit Suisse Outperform 662.25 686.00 721.00 Reiterates

SP target 721p.

Hmmmmmmmmm looks tasty. Think Ill take a short term bite.

[sponges] 02/10/2017 13:28

ooh yea - frightening world we live in and as you suggest - it puts things into perspective

[ccr1958] 02/10/2017 12:42

Thx sponges ,could be worse ,I could have been at the Gig in Vegas !!

[sponges] 02/10/2017 11:31

Good luck ccr

[ccr1958] 02/10/2017 08:34

Yes I am a Monarch victim in Spain, might get a lift home with their new owner !!!

[sponges] 01/10/2017 14:42

IAG apparently "circling" on Monarch assets if no licence extension granted (Sky News)

[ccr1958] 26/9/2017 08:36

What are our thoughts on the share buy back programme .. 67m held in treasury now ?

[ccr1958] 21/9/2017 15:32

Yes the Pension closure has been muted for along time ,of course long term this will benefit the shareholders, BA could do without more industrial action, so a good deal for employees would be prudent imo. ccr.

[sponges] 08/9/2017 08:24

Can only be a positive longer term - appears that some employees are currently getting circa upto 45% of their annual wage equivalent paid by the company into their individual pension pots which is fantastic for them but surely unsustainable longer term - as for the unions they know behind the scenes that they cannot stop this closure - their job now will be to get the best terms for the new DC pension version - ie how much can they negotiate percentage wise annually - either way it wont be 45% ! or anything like that otherwise it would not have been proposed by the company to close - all said good for shareholders (BA employees also will "lock in" their current DB pension contributions so an employee who has say 25 years in will keep that element - so not all as bad as it seems - they have had a good run so to speak

[philanderer] 06/9/2017 12:20

The way it's going...


Ryanair reduces hand luggage allowance to ONE small bag in a bid to cut flight delays

The Dublin carrier says delays are caused by a lack of space in overhead lockers

From November 1 patrons can only carry a 35cm x 20cm x 20cm bag on board
Priority customers, who pay £5 to £6 more, can take two bags as per normal


Read more:

[philanderer] 04/9/2017 14:36

British Airways, the sister airline of Aer Lingus, has announced it will be cramming more passengers onto its long-haul planes.

The British carrier is “densifying” its fleet of Boeing 777s, which serve routes to North America, adding an extra seat to each row in economy class. This will allow it to squeeze an additional 52 passengers onto its planes.

[dividendwealth] 09/8/2017 16:22

Concise write up regarding dividend prospects here:

hxxp://dividendwealth.co.uk/iag-dividend-shares/

[chiefbrody] 04/8/2017 18:12

P/E of around 7 ish would suggest it's pretty cheap to me. Whilst airlines don't deserve a strong rating (too many constant uncertainties), i'd have thought a P/E of 10 would be fair.There's scope for large div increases too.£8 by Spring 2018 with a following breeze.

[younasm] 04/8/2017 17:59

I am guessing 600 is reasonable value --- certainly not cheap. I tend to go short after 610p as there is sufficient volatility to make money both using short and long positions. I would normally add to long positions below 585p. Worst case, I think there is good support around 540-560p level and similarly the share price struggles to go higher than 620-640 range.

[chiefbrody] 04/8/2017 16:06

Undervalued, that's why.

[notimpressed] 04/8/2017 14:06

jailbird, odd thing is every time it crashes the share price rises

[jailbird] 03/8/2017 22:15

It is a serious problem . I am surprised they have not resolved the repeat issues

[painter] 02/8/2017 13:30

If BA were not in buy back mode it would be a strong short today.I'm not a shorter but bad management should always be punished. Hope to dip in again soon!

[cashandcard] 02/8/2017 12:48

Whatever the case with IAG, this computer system is a liability. How many failures before it starts to seriously impact passenger numbers and then fundamentals?


Cash

[painter] 02/8/2017 10:25

Can't argue with any of your comments jailbird. Short has just gone into profit, only looking for tonight's beer money.

[jailbird] 02/8/2017 09:29

BA's check in problems occur periodically Ever since the introduced this new systems it has been flaky They just live with as long as it dies not cause cancellations of course .Delays are part and parcel of flying now .Unfortunately BAs standards have fallen because of outsourcing and pay disputes ; workforce moral is at an all time low. No pride left working for BA anymore. Lifelong careers are gone .