International Consolidat... Share Discussion Threads

[m1k3y1] 17/8/2018 18:40

Norwegian
Losses double to €391m at Norwegian Irish unit
hxxps://www.independent.ie/business/world/losses-double-to-391m-at-norwegian-irish-unit-37224631.html

[montyhedge] 17/8/2018 11:10

Let's just hope he does not bid, personally I don't think he will, 650p IAG if he did though.

[montyhedge] 17/8/2018 07:44

Well I will be happy if Walsh sells that Norwegian stake, take out doubt, uncertainty I feel holding shareprice back.

[m1k3y1] 16/8/2018 19:51

neil I think it's a given that Level will be coming to the UK, it's just a case of where and how.

[montyhedge] 16/8/2018 18:12

It would, because as one analyst said, are they going to bid are aren't they. Fear from analyst that Walsh pays to much, they are on a p.e 25, to get Norwegian probable have to p.e 30.Be great if he sold the stake.

[neilrich] 16/8/2018 16:59

Can't imagine that selling the Norwegian stake shall impact upon IAG share price.

[toon1966] 16/8/2018 16:53

Of course Monty, you know better than a CEO like Mr Walsh. No doubt you'll make a fantastic replacement for Mr Walsh...…..

[montyhedge] 16/8/2018 15:42

Walsh must dump that stake, its holding back the shareprice. Norwegian like we said p.e 25, if he did bid, 650p here we come. He would be paying to much.

[m1k3y1] 16/8/2018 14:02

Yup agreed about the stands but lack of cargo carrying capacity makes it less viable commercially.

777 more efficient and profitable.

[neilrich] 16/8/2018 13:49

Not a problem for Norwegian though....they charge their customers extra for baggage in the hold, therefore more and more taking hand baggage only.

The issues that they are having is due to the availability of stands that can accommodate an A380.

[m1k3y1] 16/8/2018 13:42

Agreed neil. The problem with the 380 is that it can't even carry the same amount of luggage / cargo as a 777.

[neilrich] 16/8/2018 13:15

Plenty analyst believe that Norwegian would be a good fit for IAG.

[neilrich] 16/8/2018 13:12

With regards to Norwegian leasing an A380 for Gatwick, I guess that the demand is there on the New York route. Can't imagine that they shall be making much money at present, considering they have to pay compensation for delays over 3 hours!

[montyhedge] 16/8/2018 12:36

Holding the shares back this stake, sell Walsh, analyst are worried you're bid and pay to much.

[m1k3y1] 16/8/2018 11:33

well, if he is waiting for Norwegian to fail, no point in holding their shares.
He has already had his 4.6% investment diluted to 3.6% by Norwegian issuing more shares.
I wouldn't consider that a good investment .

[montyhedge] 16/8/2018 11:03

I think Walsh knows if he did bid shares would be 650p in a flash, analyst fear is Walsh would bid and pay to much, sell that stake Willie.

[m1k3y1] 16/8/2018 10:44

Agreed Monty.......he should dump it , which will depress the Norwegian share price and IF they fail, he can step in , along with others and pick up the pieces.

[montyhedge] 16/8/2018 10:38

I just hope old Walsh does not do something stupid and bids, Norwegian p.e 25 would would have to pay p.e 30. I know we have this stake dump it Willie.

[m1k3y1] 16/8/2018 10:36

neil.....why would they buy/lease it ?
totally unviable aircraft.

[montyhedge] 16/8/2018 10:31

With buybacks, buying 700,000 a day, volume very low anyway, could we push above 700p.

[neilrich] 16/8/2018 10:29

Norwegian having massive problems with the A380 that they are using Gatwick to JFK.

Delays are common due to a shortage of gates that can handle the A380, delays often up to 5 hours.

Must be costing Norwegian a bit in compensation.

[montyhedge] 16/8/2018 10:27

Going higher going by L2 buyers v sellers.

[montyhedge] 16/8/2018 10:13

Looks like tipped somewhere by a broker, I know the Investors Chronicle said BUY.

[m1k3y1] 15/8/2018 18:19

RNS
Transaction in Own Shares


International Consolidated Airlines Group, S.A. (the "Company") announces that on 15 August 2018 it purchased 719,944 ordinary shares of €0.50 each in the capital of the Company as follows, all of which will be held in treasury until cancelled.


Number of shares purchased 406,751


Trading venue LSE Lowest price paid £6.7340 Highest price paid £6.8520




Number of shares purchased 313,193

Trading Venue Bolsa de Madrid


Lowest price paid €7.5500 Highest price paid €7.6860


The purchase was made pursuant to the buy-back programme announced on 9 May 2018.

Following the purchase, the Company holds 49,155,948 treasury shares and the Company's issued share capital (excluding shares held as treasury shares) consists of 2,008,833,346 shares.