International Consolidat... Share Discussion Threads

[ny boy] 16/9/2019 08:49

Monty, my apprentice ...

(ALFA) great recovery play imo

[montyhedge] 16/9/2019 08:05

Not to bad, others airlines hit more, they can't hedge like IAG, 90% hedged with 8 billion cash in the bank.Norwegian I think this means trouble.

[hamhamham1] 16/9/2019 07:39

Monty. Last friday you were saying oil not strike resolution is the key to higher share pricing here.
Now oils shot up, it is a trivial matter now

[fjgooner] 16/9/2019 01:32

The attack itself will cut over 35 million barrels of crude processing over the next week and it is utterly unclear how long the disruption will last.

But the bigger impact will be sentiment. Hitherto, the supply of Saudi crude to the world market has been seen as almost a given - with at worst the occasional threat to shipping transit through the Strait of Hormuz.

Now, all of a sudden, that certainty has been lost.

That sentiment was well expressed by RBC Capital Markets global head of commodity strategy on CNBC, saying “Even if exports resume in the next 24 to 48 hours, the image of invulnerability has been erased.”

As that realisation starts to filter through as risk premium, I'd see Brent over $80.

Any tit-for-tat escalation in the gulf could push prices through the roof.

This attack - for which the US is blaming Iran - will also pour cold water on discussions between those countries which were being touted after John Bolton was fired a week ago.

We are now in a completely different scenario - it will be an interesting week ahead.

Great for energy stocks.

Not so good for the world in general.

Let's hope this doesn't lead to regional conflict.

[fjgooner] 16/9/2019 01:29

Massively.

For the attention of the "consistent", stable No.1. muppet montyhedge.

montyhedge
13 Sep '19 - 08:09 - 10713 of 10732
For me Brent oil below $60 is more important, 25% of airline costs is fuel.

-----------------

Well, Brent crude has flown straight up to $68.50 already in the last hour.

My view: buy oil stocks, sell airlines.

[montyhedge] 15/9/2019 19:17

Oils bulls talking about $100 a barrel, lol.IAG 90% hedged.

[montyhedge] 15/9/2019 19:15

Series 2 on Channel 5 about BA, very good, cabin staff are great, shame about these greed personified pilots.

[grupo guitarlumber] 15/9/2019 18:52

neilrich
15 Sep '19 - 18:50 - 10807 of 10807
0 0 0

[neilrich] 15/9/2019 18:50

hxxps://www.statista.com/statistics/262860/uk-brent-crude-oil-price-changes-since-1976/

[montyhedge] 15/9/2019 17:07

Sorry you think your always correct, Pity your wife or husband, 2018/ 19 Oil went to $85 average $74 2018/19 when IAG achieve record profits and record dividends.

[hamhamham1] 15/9/2019 16:03

Monry. the long and the short is, this isn't good for airlines or global markets.

[neilrich] 15/9/2019 15:52

Monty, apologies for having to correct you yet again, although Brent spiked to $85 late 2018/early 2019, the average for the past 2 years is in the region of $69.

Please try and post facts!

[hamhamham1] 15/9/2019 15:00

Oil producing countries will want oil kept high for as long as possible.

[jailbird] 15/9/2019 14:41

Anywhere mentioned how long production is Saudi will be affected The longer it goes in the higher the oil prices US itching for war with Iran Not good for airline sector in particular or globally for that matter Tine to buy oil stocks ?

[m1k3y1] 15/9/2019 14:06

goblin....BA have a LOT of experience when it comes to strikes (unfortunately).
Your friends may be incorrect as historically, the longer Industrial action progresses, they less union support from members.

As for a power struggle....I could argue it is the pilots who are trying to assert their power and BA who are trying to resist.

From IAG's perspective, if they give in now, who is to say what the pilots will hold them to ransom for next ?

It will of course end in an agreement and I suspect neither side will get everything they are asking for. It's just a case of how long and how much.

[goblin99] 15/9/2019 13:22

Yes but joe public are cottoning on to the fact that their holidays are getting ruined - for what? Is this really about £5m more or is it about power? It's pathetic and the wave is turning against BA. My colleagues who are a lot more switched on than me said early on about the strike, if it's short and sweet then BA will succeed - the longer it goes on then the pilots will succeed.

[m1k3y1] 15/9/2019 12:46

This week it's BA next week it will be BALPA, the week after the pilots....the papers will print whatever they think sells.

[goblin99] 15/9/2019 12:16

Well don't let Minty hear you say that. The articles in the past week have been quite damning - Sunday Times today as well. As mentioned the media tide is turning and the general public are getting to know what BA/IAG are really like

[hamhamham1] 15/9/2019 11:20

Well not 1 but 2 half page articles criticising IAG in the FT Weekend, in the Opinion and Companies sections.

[m1k3y1] 15/9/2019 09:01

papers are suggesting a $10 increase in Oil but it will be what it will be .