International Consolidat... Share Discussion Threads

[smithys2019] 31/8/2020 06:45

Have a look at how many deaths. It’s still pretty much Zero. Looks like the “right people” plus extra/more effective testing is the cause.

[hamhamham1] 29/8/2020 09:43

Spain looking like a no go zone until next year.

[galileo8] 28/8/2020 20:35

Because the rights issue is now not going to be as big as originally planned. Share price moves tell you everything

[timchecco] 27/8/2020 16:51

Great to see the increase over the last couple of weeks. Would be nice to have another spike up like we had after the initial big drop.

[nortic 007] 27/8/2020 16:45

But good to know all the same.... thank you

[jailbird] 27/8/2020 16:43

Not IAGhttps://www.barrons.com/articles/3-airline-stocks-to-own-for-a-post-pandemic-recovery-51598526001

[nortic 007] 27/8/2020 16:36

Nice strong closing auction

[m1k3y1] 26/8/2020 13:17

American were struggling before the Pandemic.

[loganair] 26/8/2020 12:35

American Airlines began 2020 with 140,000 employees, they're now saying they will end the year with no more than 100,000 employees, a reduction of at least 40,000 in their staff numbers.

[qantas] 26/8/2020 09:41

Virgin Atlantic was thrown a lifeline on Tuesday after creditors backed a £1.2bn rescue deal to help it through the Covid-19 crisis. The company said 99% of trade creditors, each of whom is owed more than £50,000 by the airline, approved the deal at a High Court hearing in London, easily surpassing the 75% threshold of total money owed. Each creditor will receive 80% of the money owed by Virgin Atlantic which will be paid in instalments. Another UK court hearing will take place on September 2 to approve the plan, and a procedural hearing will take place in the US a day later.

Please do your own research as always.

[hamhamham1] 25/8/2020 17:45

More competition, gotta push price down.

[lyndon b] 25/8/2020 17:21

Well, we will see in the morning.

Virgin Atlantic has won backing from its creditors for a £1.2bn rescue plan that will secure its future for at least the next 18 months.

[lyndon b] 25/8/2020 08:31

Do you see a big impact on the share price if the high court rules in favour of Virgin Atlantic today re. the bailout package?

[ny boy] 25/8/2020 08:28

Smart money pouring into global markets, these pull backs have been more “gifts from the gods”, if you play the long game.

[davethehorse] 25/8/2020 08:26

On a chsrge North now...

[lufty] 24/8/2020 12:45

Monitoring the share price before the rights issue leak and after the official announcement plus the share volatility of the share going over £3 my best guess is £1.50 to £1.60 a share then this needs adjusting for the confidence level movement relating to Covid-19 which I think is generally less optimistic for international travel so I reckon £1.40 to £1.50 a share which is old money would be £2.80 to £3.00 a share. I think the threat of stroke action will have no effect on the rights issue.

[m1k3y1] 24/8/2020 12:21

which would take the share price down to ?

[montyhedge] 24/8/2020 09:05

My guess a 1 for 1 at 125p. But surely won't get a rights issue underwritten if industrial action.

[montyhedge] 24/8/2020 09:01

What price this rights issue ? If they can get anyone to underwrite one.

[smithys2019] 24/8/2020 08:29

hxxps://www.headforpoints.com/2020/08/24/balpa-infighting/

So, looks like the most expensive pilots were kept on in preference to the cheapest. Wonder how long BALPA can keep this up if there is a second round of redundancies?

Seems a bit of a wasted opportunity to be honest.

[hamhamham1] 23/8/2020 12:22

Airline running at 40, 50, 60 or 70% capacity surely are loss making? And how long will that level continue?

[hamhamham1] 23/8/2020 12:07

I only have a few shares, not chucking any more money in until after the issue made. It's rare that you don't get the subsequent opportunity to buy in the open market at issue price, or just below.
Plus need some covid resolution.

[m1k3y1] 23/8/2020 11:51

Ham......do you intend to take up the rights ?

[hamhamham1] 23/8/2020 11:22

I would not invest until post any share issue and subsequent dilution. Or clarity that it's not going to happen.
If there are likely to be double, or more, number of shares in issue, then the share price will not recover in the short or medium term.
See Lloyds Bank, etc.