International Consolidat... Share Discussion Threads

[montyhedge] 18/3/2020 18:07

Yes dividend will be knocked on the head, on any bail out.

[grabster] 18/3/2020 17:54

Some companies have announced that part of their effort to carefully husband cash resources their executives and directors will take a 25% pay cut for 6 months. Imo, any bailout should demand the same at least.

[dround87] 18/3/2020 17:45

Yeah. We're pretty much just tracking US market now as traders don't know what to do. Keep seeing people arguing about 5k support level on the ftse at the moment. It's irrelevant. US will drag us through if it happens. We go up and down when they do. As far as airline support goes it's on the table. No one said it was coming today. Don't know where that's come from. Wait and see.

[m1k3y1] 18/3/2020 17:40

dround.....they appear to be moving faster than UK GOV at the moment.
BoJo playing catch up.

[dround87] 18/3/2020 17:38

Depends entirely on US at this point

[m1k3y1] 18/3/2020 17:15

Announcement tomorrow for airlines etc apparently not today.

[nw99] 18/3/2020 16:56

Good luck hope all those returning from Spain are tested for the virus

[montyhedge] 18/3/2020 16:29

Like I said better be the big guns at 5pm from Boris, otherwise your right.

[milliecusto] 18/3/2020 16:27

Sub 200p tomorrow

[montyhedge] 18/3/2020 16:27

I hope so, BA have doubled their prices, that's not even a direct flight.7 hours to eat back.

[dround87] 18/3/2020 16:26

In my experience when a user of these forums says something is nailed on the forces of the universe conspire to make sure it doesn't happen!

[nw99] 18/3/2020 16:24

The govt is bringing you home Monty

[montyhedge] 18/3/2020 16:23

This better be the big bazooka.

[m1k3y1] 18/3/2020 16:07

PM News briefing at 5pm according to sky.
Trump on TV Now

[m1k3y1] 18/3/2020 16:03

ham....7pm every day. Too late for me .

Watford.....apparently some announcement for airline sector tomorrow but I haven't heard anything about it as yet.
Spanish have offered 100B to businesses but if BoJo offers financial support to IAG, they would be foolish not to accept it .

I hear that BA have already served HR1 notices to the Unions.

[watfordhornet] 18/3/2020 15:59

Not sure why the Boris update will help IAG given it is Spanish unless it is co-ordinated European actionAm I missing something?

[hamhamham1] 18/3/2020 15:56

Is it 7pm again for Boris update?

[nw99] 18/3/2020 15:27

Monty is stuck there ?

[toon1966] 18/3/2020 15:16

For Monty from the Guardian's live updates: "Britons in Spain have been urged by the Foreign Office to return before 24 March when all Spanish hotels close.
In a statement, it said:

The Spanish government have confirmed that all hotels will close in Spain from Tuesday 24 March.
We therefore advise British travellers in Spain to contact their tour operator or airline as soon as possible, to arrange their return journey home before this date."

[hamhamham1] 18/3/2020 15:11

And after the support, you still have to deal with the fact that no-one is flying.
Recession is nailed on, even Trump admitted that is likely yesterday.
I would be looking at 2008 lows in prices or any lower lows since to get a possible base for share prices.

[toon1966] 18/3/2020 15:03

Will wait with interest to see what the Gov offers the Airlines and Airports. Suspect there will be conditions, for examples end to share buybacks, suspension of dividends,
review of senior leadership remuneration packages.

[montyhedge] 18/3/2020 14:54

Not still here, hopefully rescue flight soon.

[toon1966] 18/3/2020 14:46

Being the No.1 Trader I'm sure Monty used his 'superyacht' to return to the UK...

[m1k3y1] 18/3/2020 14:42

Indeed Monty.

How did you get out of Spain ?

[arai] 18/3/2020 14:23

It will either be that or at least cause a bit of a bounce to allow a few more people out. Powder is dry, waiting ...