International Consolidat... Share Discussion Threads

[m1k3y1] 14/6/2018 15:06

anyone else on this BB ?

[m1k3y1] 07/6/2018 22:33

usually hedge for about 3 years going forwards with the hedge reducing to circa 10% at the end of the term BUT they constantly review their hedged positions. IAG are very good at it.

[chiefbrody] 07/6/2018 22:31

50 Dollar oil again ;-)

[neilrich] 07/6/2018 22:05

Hedged for 2018, what about 2019?

[m1k3y1] 07/6/2018 19:02

hedged neil

[neilrich] 07/6/2018 17:37

Unfortunately the price of oil is on the rise again....up 2% Today!

[m1k3y1] 06/6/2018 10:22

LOL monty...

[montyhedge] 06/6/2018 10:07

m1
Forget charts never met or heard of a rich chartist.

[neilrich] 06/6/2018 10:03

Forward p/e of less than 7 is good enough me.

[m1k3y1] 06/6/2018 08:57

But arn't the forward looking indicators based on historical performance ?
i'e charting, moving averages etc

[montyhedge] 06/6/2018 07:17

That's historical, stock market is a forwarding looking indicator.

[chiefbrody] 05/6/2018 20:52

Might indeed go lower but best short in the FTSE? P/E of around 7 here. Some FTSE 100companies have P/E in the 20's...

[montyhedge] 05/6/2018 15:27

Sellers 2 to 1 may go lower.

[neilrich] 05/6/2018 14:41

Storm in a tea cup...

Oil price down again Today. Also, traders are betting that the oil price shall continue to fall.

...nothing to see here, move along!

[m1k3y1] 05/6/2018 13:01

Telegraph
Third runway approved as Government sets aside £2.6bn compensation for residents

[m1k3y1] 05/6/2018 11:41

I think Walsh is probably trying to rattle Norwegian shareholders regarding future earnings but it hasn't helped the IAG SP, for now.

[m1k3y1] 05/6/2018 11:40

Can't agree monty. More inclined to agree with neil.
As for the hedging finishing ? It doesn't. Usually airlines hedge as long as 3 years ahead, with the hedge reducing to circa 10% towards the end of the period.
IAG are currently hedged 70% for the whole of 2018.
In good shape compared to Norwegian who are only hedged 25% apparently.

[neilrich] 05/6/2018 11:33

I'd say that EZJ is a better bet....should you be looking for a short. I'd not want to short a company that's only just started a buyback!!

[montyhedge] 05/6/2018 11:10

m1k3y1
Really you can't see why 3% drop, to me IAG best short in the Footsie at the moment.

[montyhedge] 05/6/2018 11:08

3 year high for fuel, its like a tax on the airlines, when the hedging they have put in place, finishes. The French strike not helping but that could be over soon.

[m1k3y1] 05/6/2018 10:44

The French are always on strike, it's a national past time.
As for oil prices , IAG are well hedged for the rest of 2018 so any increases in fuel costs will have a lower impact than with other carriers, such as Norwgian.
Doesn't explain a 3% drop in the share price

[neilrich] 05/6/2018 10:34

Rising oil prices and French strike action affects all airlines.

[m1k3y1] 05/6/2018 09:56

Whatever he did or did not say, it hasn't helped the SP