International Consolidat... Share Discussion Threads

[younasm] 10/6/2020 16:29

Nice volatility again - I've bought some long positions

[montyhedge] 10/6/2020 16:04

Probably selling paintings to pay bonus, lol

[teamwork1] 10/6/2020 15:39

Just bought some at 2.84 let's see if I've been right decision. Back in the days I use to have iag shares at 1 pounds

[m1k3y1] 10/6/2020 14:41

So this is what they have been spending investors money on.
British Airways to sell artworks worth millions by major British stars in bid to save costs during covid meltdown

[davethehorse] 10/6/2020 13:04

Will be back at 250p soon imo

[ny boy] 10/6/2020 12:46

Added another load 289p, all good in the hood, see you at 400p + inside 12 months

[action] 10/6/2020 12:34

People will fly in 6 to 8 months. Ee will know by end of the year if there is 2nd spike. Or COVID19 vaccination. It will be up down till than but much higher if you have 1 yr view.

[toon1966] 10/6/2020 12:08

Then don’t bother investing Monty. This forum will be far better without you.

[watfordhornet] 10/6/2020 12:04

Surely you must do or why else would you be on this board?

[nemesis6] 10/6/2020 11:28

come on....loads of cash...is flying really going to go out of fashion for 3 years? is it hell

[m1k3y1] 10/6/2020 11:27

Gatwick to re-open North Terminal and double opening hours

[montyhedge] 10/6/2020 11:10

No dividend for 3 years at least, no growth, just trying to survive.I don't see the investment case here.

[sikhthetech] 09/6/2020 19:47

Coronavirus: Quarantine critics given 'private assurances' air bridges will be introduced in weeks

Travel and hospitality firms say they've been given "private assurances" air bridges will be introduced by the end of this month.

[loganair] 09/6/2020 12:31

Emirates, the state-owned Dubai-based airline, fired 600 pilots, on June 9 in what is being seen as one of the largest layoffs in the airline industry.

The latest round of firing takes to 792 the number of pilots who have been sacked by Emirates, one of the world's biggest long-haul airlines.



Cathay Pacific - Under the proposal, Cathay will raise about HK$11.7 billion in a rights issue on the basis of seven rights shares for every 11 existing shares held, while preference shares will be sold to the government for HK$19.5 billion and warrants for HK$1.95 billion.

Swire, a Hong Kong and British conglomerate with colonial-era roots, has a 45 percent stake in Cathay while Air China owns 30 percent.

Once the recapitalisation plan is complete, Aviation 2020 will take a six percent stake, while Swire’s shares will be reduced to 42 percent and Air China’s to 28 percent.

Aviation 2020 will also be allowed to send two “observersR21; to attend board meetings.

The South China Morning Post newspaper reported it is the first time Hong Kong’s government has directly injected money into a private company.

“The government will not take part in the company’s daily operations,” he said, with the two observer board members having no voting rights.

Cathay said it executives had also agreed to pay cuts, while all staff would be asked to take three weeks unpaid leave over the next six months — a second time they have been asked to do so.

Cathay went into the year with some $20 billion in reserves, but the company was now burning through $2.5-3 billion a month.

[sux_2bu] 09/6/2020 12:22

T/A is well over bought, still a down hill flight to come yet with bouncy turbulence enroute.

[m1k3y1] 09/6/2020 12:18

The FT
Hong Kong government to take stake in Cathay Pacific

[sig1978] 09/6/2020 11:41

Will be back to 325 before end of day i reckon

[ny boy] 09/6/2020 10:44

Bought back a load more @ 300p, gift from the Gods again, Boris will drop the nutty quarantine restrictions soon imo

Onwards & upwards, added more (SAGA) & (FUL) too

[younasm] 09/6/2020 09:47

Excellent volatility today - missed 290p but 300p is very good profit.

[topazfrenzy] 09/6/2020 08:29

The party's over, now the hangover all the way down to £1

[swiss tony] 09/6/2020 07:13

Airbridges coming sooner than originally thought! :)

[bazza2017] 08/6/2020 20:08

Willie Walsh on lbc radio now talking to presenter Ian dale and taking calls from listeners might be worth a listen.

[davethehorse] 08/6/2020 15:40

Crew to be assessed before z big clear out