International Consolidat... Share Discussion Threads

[florenceorbis] 15/10/2019 08:18

IAG Barclays Capital Overweight 665.00 - Reiterates

[montyhedge] 15/10/2019 08:14

Normalise p.e is 4.86 at 500p according to IG. So even if shares doubled to 1000p normalise p.e 9.75 under 10 looks good value even then. IAG did seem the most hated stock in the FTSE 100, perhaps sentiment changing.

[montyhedge] 15/10/2019 08:02

500p resistance and massive pivotal point, if we break through and hold at close, new trading range 550p quite quickly is my view.

[montyhedge] 15/10/2019 08:00

Balpa would not dare, with a glut of pilots, 300 TC pilots on the dole. Press would slaughter them. That's why September strike was called off.

[applepieinthesky] 15/10/2019 07:55

Strikes coming

[ny boy] 15/10/2019 07:39

Break through 500p today, let’s see, meanwhile (PREM) is also going well, 3 bagger so far

Monty, not long for US commercialization deal for (STX), could be anytime from now until end of the quarter, I have pencilled in mid November

Also (FOXT) is my Brexit resolution play, could easily x2 on a good Brexit resolution imo

[cyberian] 14/10/2019 17:32

Equiv. of 497p so far on WS regardless of Brexit uncertainty...not that sure what effect an extension may have if Parliament turns down any attempt by Johnson to push through a compromised deal? Ultimately a delayed deal maybe OK for the share price as an improved/acceptable deal is re-worked or the market sees the prospect of us remaining in the EU. The latter is less likely but probably more popular with commercial names, and the market would like it even if it means a hung parliament down the road...interesting week ahead!!

[susiebe] 14/10/2019 16:14

You dont like the share price going up do you!

[ny boy] 14/10/2019 16:14

600p initial target resistance level on an early brexit resolution imo

(PREM), (AOR) going brilliantly well, might have to go on holiday but forgot i’m Already on holiday in Italia

Onwards & upwards

[montyhedge] 14/10/2019 16:05

One thing would IAG get back in the MSCI Global index, if a Brexit deal struck. Shares were 675p when dumped out fear of foreign shareholding rules. If they got back in those funds would have to fill their boots again, I would of thought.Any thoughts on that chaps.

[montyhedge] 14/10/2019 15:22

No chance of strikes, why do you think Balpa called off September strike day, they bottled it no appetite for any more strikes.
300 TC pilots looking for a job, there is a glut of pilots. Now they think themselves lucky they have a job.

[applepieinthesky] 14/10/2019 15:11

Strikes coming

[fjgooner] 14/10/2019 12:46

Looks like last week's fake news rally has been rumbled ...

[montyhedge] 14/10/2019 12:16

Buyers coming in, Level 2 buyers 2 to 1 against sellers, could test 500p again today, the day we close above 500p then 550p is the next trading range short term.

[waldron] 14/10/2019 09:09

the old resistence of 486p seems now to be the support

confirmation tomorrow

[montyhedge] 14/10/2019 08:59

I think once we break the psychological resistance and massive pivotal point of 500p then holds at close. A new trading range will be 525p -550p.Then I personally don,t think you're see IAG below 500p again.Bold statement but my view.

[montyhedge] 14/10/2019 08:25

Nothing goes up in a straight line, two forward one back. This will be over 515p this week on any positive news.One thing Brent oil below $60 always helps airlines. 25% of airline costs is oil.

[ny boy] 14/10/2019 08:16

Beautiful weather, clear, warm, no wind.perfecto,in Italia this morning, had to escape the wind and rain of blighty for a week, just popped in to pick up some more stock @ 480p, ex div end of next month, let’s see if Brexit deal finally gets resolved so we can all get on with making money and more holidays.

[maywillow] 13/10/2019 14:08

Columbus Day is a U.S. holiday that commemorates the landing of Christopher Columbus in the Americas in 1492, and Columbus Day 2019 is on Monday, October 14, 2019. It was unofficially celebrated in a number of cities and states as early as the 18th century, but did not become a federal holiday until 1937. For many, the holiday is a way of both honoring Columbus’ achievements and celebrating Italian-American heritage. But throughout its history, Columbus Day and the man who inspired it have generated controversy, and many alternatives to the holiday have proposed since the 1970s including Indigenous Peoples' Day.

[toon1966] 13/10/2019 13:28

Edit - Ignore post - old news!

[the grumpy old men] 13/10/2019 10:02

cityindex


Latest News

Top Story
Week Ahead: US-China Trade and Brexit Optimism Aftermath

Fawad Razaqzada October 11, 2019 6:24 PM
Share:

With risk assets rallying sharply this week on optimism over potential US-China trade and Brexit deals, there could well be some follow-through in early next week – especially with the Fed set to re-start expanding its balance sheet from Tuesday by purchasing $60 billion Treasury bills per month until at least into the second quarter.

As far as the US-China trade talks were concerned, well “good things” were happening said Donald Trump in a tweet. Apparently, China has invited Lighthizer, Mnuchin and other top US officials for talks ahead of next months' APEC summit in Chile. Details of the talks were slowly coming out at the time of writing. US Treasury Secretary Mnuchin was expected to hold a press conference at 1:45pm (18:45 BST) on Friday.

In terms of Brexit, we have heard lots of positive things from the UK, Ireland and EU which suggest a deal may be imminent. While short on details, investors were happy to buy the pound ahead of the EU summit, which starts on Thursday 17th October.

The week ahead also features lots of key economic data from important regions of the world, including China and the US. Growth concerns could come back into focus should we see disappointing numbers. Here are the key highlights:

Monday

The markets may gap at the Asian open on Monday following Friday’s outsized moves.
We also have Chinese trade figures and Eurozone industrial production data to look forward to.
But it could be a quieter session in the afternoon with many investors out celebrating Columbus Day in the US and Thanksgiving in Canada.

Tuesday

There are some important macro pointers from Asia first thing on Tuesday, including RBA’s last policy meeting minutes, Chinese CPI and a speech by Bank of Japan governor Kuroda.
Meanwhile, Bank of England’s governor Mark carney is due to testify on the Financial Stability Report Tuesday morning, when we also have some important UK data – namely, average earnings index and jobless claims.
There won’t be much in the way of Eurozone data, although it will be interesting to see how the German ZEW survey has fared after it showed a surprise improvement to -22.5 from -44.1 previously.
From the US, we will have speeches by FOMC members George and Bullard, as well as the Empire State Manufacturing Index

Wednesday

New Zealand CPI will be the main event for Asian traders first thing Wednesday. A disappointing reading here could encourage the RBNZ to cut rates even more, having already loosened its policy three times this year.
UK CPI, due for publication Wednesday morning UK time, would usually be a major market mover. But with Brexit at the forefront, it will probably not cause too much of a reaction this time.
Canadian CPI and US retail sales will be among the day’s key North American data to watch. Any signs of weakness in consumer spending could boost expectations over a rate cut by the Fed and undermine the dollar.

Thursday

Australian employment figures will be watched closely by FX traders. The AUD/USD has posted some bullish-looking price action over the past couple of weeks and if we start to see some improvement in Aussie data then this could help to fuel a more profound recovery in the exchange rate, as investors price out the risks of further RBA rate cuts.
There will be plenty of US data on Thursday and a couple Fed speeches. Among the day’s data releases, we will have the latest industrial production figure, building permits, housing starts and the Philly Fed Manufacturing Index. On their own, none of these are likely to move the markets too much. Collectively, however, they may cause a reaction – especially if they paint a bearish picture of the economy.

Friday

China will release its quarterly GDP estimate on Friday, along with industrial production and retail sales.
There won’t be anything significant from other regions of the world.

[the grumpy old men] 13/10/2019 08:24

Certainly seems tobe a positive feeling in the air whether it be brexit or trade talks
if one rules out geo politics,local wars storm disasters and strikes




Resistences for IAG has moved up nicely to 509 and 562p

[fjgooner] 11/10/2019 20:29

It's been good to see the biggest rise in ages for IAG today.

Specifically, it must surely be a huge & most welcome relief for those suckered in to this stock over the last year from 700p & above by certain self-serving rampers at those higher prices. Only another 200p/250p to go to get out for some of those trapped?

Funnily enough, someone said that Advfn's No.1. Muppet missed most out on today's gain - what a shame, eh?

montyhedge
10 Oct '19 - 18:41 - 11437 of 11482
I don't want the shares up at the moment neutral position.
Need to buy first.