International Consolidat... Share Discussion Threads

[willienikit] 18/9/2020 22:36

Can anyone else confirm these calculations please?

[essentialinvestor] 18/9/2020 22:19

As Lloyds has been mentioned, their 1999 share price peak was around £9.76
with only 5.5 Billion shares in issue. FY EPS was 46.2 pence a share.

21 years later there are nearly 71 Billion shares in issue, that has decimated
EPS. The high cost of issuing an avalanche of shares to navigate the last financial crisis.
Plus some other rights issues along the way.

[buywell3] 18/9/2020 21:40

Therein lies the rub methinks:

buywell by the week now; --- is hardening both stance and opinion that this is looking like it will NEVER be over --- it will become Coronavirus N0.5 and remain with us.

Hence our Governments MUST as buywell has been posting on BUY thread

Develop a new technological improvement that knocks Covid-19 virus dead in 30 secs and ensure that such technology is installed in ALL homes and public areas and public transport.

It can also be installed in planes and boats and trains
Pubs and shops and restaurants , supermarkets and cafes and wine bars
Cinemas and bowling alleys , libraries museums and art galleries
Hospitals and Care Homes

This technology allows the continuation of commerce without lockdowns

This technology exists now and clinical data will be released proving both its efficacy and its safety for humans within the next 4 to 8 weeks is buywells' understanding.

It is a given IMO as some units have recently gone on sale

Plane makers will need IMO to use it to restore public confidence --- they and others know about it.

buywell has read patents

[m1k3y1] 18/9/2020 21:00

but maybe IAG plans to buy airlines such as EZJ ?

[loganair] 18/9/2020 20:30

ham - Just a slight correction, Lloyds and NWG didn't buy the gov out, the gov sold their share holdings bank into the market.


Lloyds at one time was an £11.50 share, now it is barely 25p.


As for BA, many companies are saying when negotiating contracts either side of the pond they may carry out the first meeting and final signing of the contract face to face, however instead of the usual monthly flying expensive first class, then staying in first class hotels drinking $100 bottle of for face to face meetings during negotiations, these will now be done via the likes of Zoom.

BA saying they have most probably permanently lost c20% of this corporate traffic which equates to c40% of their profits. Like with restaurants it is the last 25% that makes the profit.

Therefore going forward IAG will not be anywhere near as profitable as it once was and with 150% more shares in issue can easily see EPS down 50% on what it use to be.

The likes of Easyjet, Wizz and Jet2 will get back to where they use to be and some more as once all this is over people will have a great desire to return to going on holiday again.

[davethehorse] 18/9/2020 20:30

Its DOOMED, DOOMED I TELL YA...

[m1k3y1] 18/9/2020 19:41

was he being honest, or just fixated with trying to force Virgin into taking a GOV bailout ?

[hamhamham1] 18/9/2020 19:24

Th3 worst thing is WW alwaus gave it the big one a out have 6 or 7 billion in cash in the bank, letting i vestors assume that was all free cash, which surely it can't of been else.why do the dilution?

[glavey] 18/9/2020 18:31

"I took a flight from LHR to Moscow this week..."

Perhaps not Covid you should worry about...

[m1k3y1] 18/9/2020 18:26

BoJo making a Major mess of this ......

[essentialinvestor] 18/9/2020 18:24

Part nationalisation would be an absolute last resort, in that eventuality you
might expect HMG to take a ٪ stake accompanied by a dilutive equity raise.
Would think IAG are several stages from such an outcome.
Like RR, IAG will not be allowed to fail, however how much value would
be left in the listed equity is another matter.

[albert3591] 18/9/2020 18:13

You can be sure ww have lost money,not that he needs to worry about it though.

[nallen1] 18/9/2020 18:08

So he could walk off with 30milion

[bili1] 18/9/2020 18:08

Can anyone help?
Having made the decision to take the rights can I change my mind before the 22nd?
Looking increasingly silly to proceed!
Thanks ....

[m1k3y1] 18/9/2020 18:03

I never understood why Walsh created this in Spain to start with ?
Does anyone know why ?

[albert3591] 18/9/2020 17:50

Nallen1 it would not make any difference nobody is flying,and when flying comes back a lot of people will still shy away from it.The damage done is going to take a lot of undoing.

[spob] 18/9/2020 17:45

Spanish bit can be sold off

[watfordhornet] 18/9/2020 17:42

Not sure Spanish government would have appetite to do that

[nallen1] 18/9/2020 17:28

Government haven't even abolished air passenger duty. They won't take them over as doesn't fit in with the green agenda. When one of Boris' mates wants a flight to Bermuda or cayman next year it will be private jet as nothing else will be going there direct from London!

[soho2] 18/9/2020 17:20

They used to have 4 flights a day and now only operate one on 787-8, no wonder they are busy...

[spob] 18/9/2020 17:17

I wonder if this will be re-nationalised next year

They could change the name back to BOAC

[essentialinvestor] 18/9/2020 16:31

cash, thanks for the view.

The sector play to me looks RYA. However it looks a messy autumn-winter ahead
for all carriers.

[m1k3y1] 18/9/2020 16:29

Walsh said back then they wouldn't need any help and they had plenty to survive.

[cashandcard] 18/9/2020 16:27

EssentialInvestor,


I was formerly an investor here, problem I had was it struggled to reflect its true value back then - prepandemic. Now, in this pandemic driven air travel famine, its literally burning money. Its incredible it has taken until recently for management to raise these funds. Could they not see back in April-May, when others airlines were assessing the damage impact and making moves, that huge sums would be needed?



Cash