International Consolidat... Share Discussion Threads

[montyhedge] 28/2/2019 08:55

IAG taken some of their market. But shareprice at the moment technically kept low until 1st March MSCI idiots creating forced sellers. Before then 4 days ago IAG was 662p, would have been over 700p on these figures. But MSCI spoiled the party.

[m1k3y1] 28/2/2019 08:51

EZJ down 4.2% , no idea why.

[montyhedge] 28/2/2019 08:44

1st March, so sellers now, otherwise shareprice would easily be a lot higher.

[m1k3y1] 28/2/2019 08:42

Has the MSCI given any timeframe for removing IAG, or even confirmed that they will be ?

[montyhedge] 28/2/2019 08:41

Re-rating due. P.e 5 2019 outlook that analyst said they are being conservative.Main thing get these MSCI force sellers out the way. Then onwards and upwards.

[m1k3y1] 28/2/2019 08:40

The Telegraph
British Airways owner IAG declares €700m special dividend as profits soar

[m1k3y1] 28/2/2019 08:31

Figures look net positive to me . 2019 forecasting to be flat .

[montyhedge] 28/2/2019 08:28

MSCI funds who have to sell IAG nearly finished, so once the forced sellers out the way, must be on our way to 700p+Superb figures boys.

[m1k3y1] 28/2/2019 08:24

Think the buybacks have stopped Chief. makes sense with the share restriction and I prefer the special Divi personally. FTSE starting down.

[montyhedge] 28/2/2019 08:24

Analyst from Bernstein Research, said on CNBC, IAG really good figures. IAG and Lufthansa the ones to have next 3 to 5 years.Let's hope analysts sharpening their pencils for higher target price and buy recommendations.

[chiefbrody] 28/2/2019 08:14

Sometimes the markets just don't like a stock.Not read through the results yet but assume with a special div, buybacks have ceased?

[lufty] 28/2/2019 08:07

Just announced the purchase of 18 Boeing 777-900 aircraft with options for 22 more.Share price has not even risen by the special dividend amount yet ...

[montyhedge] 28/2/2019 08:05

So EasyJet p.e14 IAG p.e 5.

[montyhedge] 28/2/2019 08:04

These figures are at the top end.

[montyhedge] 28/2/2019 07:50

Indications could be a 5% gain at the opening.

[chiefbrody] 28/2/2019 07:46

Yeh it's roughly 5. Crazy low. Can't remember how much debt/pension deficit they have mind. Not that a lot of other companies don't have that and still trade on 10 * earnings. Probably fall on open lol as somebody will fund something negative. 2019 earnings to be roughly flat so this monstrous growth is slowing.

[m1k3y1] 28/2/2019 07:43

Claim back Monty ?

[montyhedge] 28/2/2019 07:31

Eps 142.7c just over 125p sterling. So at 600p p.e. 4.8 have I worked that out right, seems very very low p.e.

[chiefbrody] 28/2/2019 07:31

So EPS around 120p and a share price of 600p. Crazy.

[montyhedge] 28/2/2019 06:57

You can claim back.

[chiefbrody] 27/2/2019 18:59

Special div. Cheers Willie. Guess you got my request lol.

[toon1966] 27/2/2019 18:57

'Mickey Mouse' is a rather surprising comment from the No.1 Trader. MSCI is the world’s biggest index compiler, with roughly $12 trillion in assets benchmarked to its products. hxxps://www.thebalance.com/msci-index-what-is-it-and-what-does-it-measure-3305948

[montyhedge] 27/2/2019 18:35

Can you imagine what the share price would have been if the Mickey Mouse MSCI index had not made their statement until Brexit outcome.With record revenue and record profits expected, a in the bag special dividend, increased final dividend. IAG would have been over 700p tomorrow.

[toon1966] 27/2/2019 18:20

IAG lifts dividend, issues special payout ahead of results -

IAG, owner of British Airways, has raised its final dividend and declared a special dividend payout ahead of its full-year results tomorrow. The final dividend will be 16.5 euro cents, up from 14.5 euro cents last year, for a full-year total of 31 euro cents. The special dividend, which will be 35 euro cents, will cost the company €700m.

IAG’s shares have fallen 7 per cent in the past two days, in part because the company has been removed from several of MSCI’s global equity indices after falling foul of the US index compiler’s rules on foreign ownership of shares.

The change will prompt passive investment funds tracking MSCI indices containing IAG to trade out of the stock, putting downward pressure on its price. In November 2018, IAG raised its earnings expectations for 2019-23 by more than 10 per cent, to an average of €7.2bn each year.

As part of its five-year plan, IAG will increase its capital expenditure from an average of €2.1bn each year from 2018-22, to €2.6bn for 2019-23, with most of the money going on new aircraft.