International Consolidat... Share Discussion Threads

[hamhamham1] 31/7/2020 12:08

NY Boy. You funny :)
If the share issue goes through and doubles the number of shares on the market, to get back to 600p, they will have to double their market capital to what it was before, at the height of the markets.
Do you agree?

[ny boy] 31/7/2020 12:05

Best ignore the short term noise, if you are buying to hold for a full recovery in 2yrs +, there is nothing to be concerned about, the noise comes mainly from those that have no money to buy, gift from the gods imo but I have been saying that since 300p but I thought today I would add another chunk @166p. Will check back on progress next year

[hamhamham1] 31/7/2020 12:00

By the time the share issue is sorted, it will probably double the number of shares out there.
So any previous 600p price 6 months ago, will mean a 300p price in a few months will give the same market capital.
Looking at share price charts can be deceiving, look at market capital as a 2nd ref to know if the share price is cheap or it could be that there is just more shares out there.

[grabster] 31/7/2020 11:51

Ironic that companies involved in moving people around are among the ones most heavily hit by the pandemic.

As a species, we are somewhat arrogant in our presumption that, because we've conquered major diseases in the past, it is always just a matter of time before we discover a cure for whatever. That still seems to be the view of many who haven't clicked that something has changed.

What's changed is that, every day, millions of people worldwide are travelling from one side of the globe to the other - mingling at each terminal and at each resort. That didn't happen a hundred years ago. Mass holiday plane travel only began 60 years ago. By developing wider and faster travel we have played into the hands of microorganisms that spread disease. We can now share diseases faster than we can develop cures or controls for them.

If we continue to mingle faster and faster (thanks to ever quicker planes/trains/ships) we make it harder and harder to create and test treatments in time to avoid being overtaken by whatever new disease comes next.

Covid-19 is a shot across the bows. Best regarded as a rehearsal. I've always regarded mankind's sense of superiority as ill placed; I can almost hear microorganisms chuckling as we gormlessly aid their master plan. ;-)

[m1k3y1] 31/7/2020 11:44

and still no global outcry or pushback against China ???
Bizarre.

[montyhedge] 31/7/2020 11:37

A second wave will kill airlines, rights issue or not.

[davethehorse] 31/7/2020 11:36

Shorters heaven

[mreasygoing] 31/7/2020 11:30

80p coming. Patience needed.

[montyhedge] 31/7/2020 11:26

Amazed they got this underwritten in these markets.To me throwing good money after bad.

[m1k3y1] 31/7/2020 11:26

Why would IAG be looking to purchase another airline at this time ( no matter what the price ) when they are asking shareholders for additional funds to strengthen their balance sheet ?
Why would shareholders approve additional funding to buy air europa ???

[qantas] 31/7/2020 11:22

Rights issues are bad news for shareholders you only have to look at MKS rights 185 pence share price now 95.76 pence

Please do your own research as always.

[sikhthetech] 31/7/2020 11:13

The results were bad, as expected....

More and more places are reintroducing lockdowns, so currently there's no end in sight..

The main concern is when will large numbers of customers feel confident to return to flying.. ie will businesses continue with video conferencing..

I think there will be another stock market crash as there are too many economic/political events, which are of concern, coming together over a very short period of time, ie potential problems over the next 6 months... Brexit, China aggression in India and South China Sea, US China trade wars, US Presidential election, EU-Turkey conflict.

The question is at what point the risks are factored into the price...

Everyone will have their own views on that one..

[m1k3y1] 31/7/2020 11:10

I think Walsh has lost all credibility .
Quote: 6th Feb
"The coronavirus epidemic will have a only a marginal impact on global travel demand and the airline industry is healthy enough to absorb any economic slowdown in China, the chief executive of Aer Lingus parent IAG said today. "
h

[hamhamham1] 31/7/2020 10:55

Sure, I may be wrong Canadian, let's see.
Until a vaccine is proven to work and is available then spiradic lockdowns are just going to be a feature of life, especially heading into autumn/winter.
Booking holidays and flights will just be too risky until then for a lot of peeps.
It will be min 6-12 months before any candidate vaccines pass the phase 3, if they do.

[albert3591] 31/7/2020 10:54

I nearly pressed the button on 168/170 but chickened out,I’m going to wait.If I miss out so be it.

[julcester] 31/7/2020 10:51

Sold at £1.77 and will buy again at 85p. The next 6 weeks are going to be painful.

[albert3591] 31/7/2020 10:48

Shoddy forecast not looking so good,no surprise there then.

[prettygreen] 31/7/2020 10:47

Could this be a case of kitchen sinking - surely things can only get better from here ? Is a potential double bottom forming ?

[hamhamham1] 31/7/2020 10:46

Aug 2012 low of 141.20p gonna be tested IMO.

[john09] 31/7/2020 10:32

Willie on bbc now. Q4 plans to be at 55% capacity

[the canadian mounted] 31/7/2020 10:31

Yes in your wet dreams sr2

[sr2day] 31/7/2020 10:23

100p in due course.

[npp62] 31/7/2020 10:17

Sorry clock tower. Not meant as a reply to your post