International Consolidat... Share Discussion Threads

[m1k3y1] 10/3/2019 09:26

buywell....who is the 'big holder ' and how do you know ?
Maybe this is to do with the cap on share holdings, if it is fact.

[montyhedge] 10/3/2019 08:16

That was the last day Friday for MSCI tracker funds to be out, seems most left it until last minute. Lol

[montyhedge] 10/3/2019 08:13

47.5 million traded Friday never ever seen that, average 8-11million.Capitulation.

[buywell3] 10/3/2019 08:12

This is what happens when the buybacks stop

Why have they and when ?

Looks like a big holder is getting out RNS soon

The reason why will be key

[montyhedge] 10/3/2019 08:03

Had Capitulation Friday, 45m force to sell by that date. So really a technical force price that kick in algorithms selling as well. Monday could see a nice bounce p.e 5 and yield with special dividend July and dividend November yield about 10%. Crazy price.

[dandu69] 08/3/2019 20:32

Yeah, I bought a load just before closing too, i don`t know how much of this fall is relating to the overall market fall today or issues specific to IAG...either way, felt the price was too good to miss.

[watfordhornet] 08/3/2019 17:09

Well maybe too early but added a wad near close. With divi coming plus the recent results the bottom must be near.Time will tell

[knowing] 08/3/2019 15:11

Huge volume today

[toon1966] 08/3/2019 14:54

"Capitulation" - usual nonsense from Montyhedge...

[montyhedge] 08/3/2019 14:47

The yield now over 10% if you add July payment 51.5c and November estimated to be 15.5c.

[montyhedge] 08/3/2019 14:44

Lol yes, but today volume crazy 39m so far, that's capitulation. Those funds who had to sell have been slaughtered.

[eater24] 08/3/2019 14:40

Another week of this it will be £4.50

[montyhedge] 08/3/2019 14:31

38million traded, capitulation.

[eater24] 08/3/2019 14:28

headed for a Fiver?

[eater24] 08/3/2019 14:27

headed for a fiver ?

[toon1966] 08/3/2019 14:02

Diageo would have been a very good buy and hold 10 years ago, but now it looks expensive with a poor dividend yield.

[m1k3y1] 08/3/2019 13:52

I agree about the Brexit uncertainty toon... There is no excuse for issuing incorrect information regarding forward guidance. personally, I think 'flat' for 2019 is actually pretty good , given that 2018 was a good year with an excellent increase. MSCI , is what it is but ultimately until Brexit is sorted, no one knows whether this was a good decision by MSCI or not. certainly it will affect their returns to their investors.
IAG say that capital expenditure will be rising but due to ??? Possibly forward aircraft orders ? On the positive side, 85% hedged against fuel which is fantastic.

[linton5] 08/3/2019 13:47

Only 1company to me that seems to be immune to everything that goes on is diageo it just drifts higher year after year regardless

[toon1966] 08/3/2019 13:06

Certainly I feel the selling is overdone but you are missing some basic points. Although record profits for 2018, operational profit guidance for 2019 was flat, absence of post Brexit clarity (described as shocking), IAG expects 'lower' free cash flow in 2019 (when initially IAG said it would 'rise'), capital expenditure rising, Brexit itself, MSCI/EU rules on share ownership.

[m1k3y1] 08/3/2019 12:39

Makes no sense to me. What does a company have to do ?
Although, I believe a lot of this is due to Brexit uncertainty and Draghi's latest intervention.

[montyhedge] 08/3/2019 12:22

Yes your right, when a company has a p.e 5.3 pays a special dividend plus increase Final dividend, record revenue and operating profit. Then straight 8 days down 20% old fashion investing out the window, lol

[linton5] 08/3/2019 12:14

That’s why the old style investing days are over,trading seems to be the way forward coz of such issues

[montyhedge] 08/3/2019 11:45

Wow 20% down in 8 days with record profit and bumper dividends.

[toon1966] 08/3/2019 08:30

Not sure if this offers much comfort but I caught the back end of a piece on the US Airline industry on CNBC last night. Seems they are not fairing much better, American Airlines is a good example, down 40%+ over the last year.