International Consolidat... Share Discussion Threads

[alphorn] 11/7/2014 20:47

I am still trying to get out of this stock - first my bullish positions were costing dear; then the bearish parts and now back to the bullish parts. What a crazy share. ;-))

[bookbroker] 11/7/2014 18:05

That maybe the case, however current valuation may be a fair point to enter a position, that's unless the eurozone just blows up, and WW111 suddenly breaks out, now that'd be ironic in this year of remembrance!

[2ngh] 11/7/2014 17:40

Book

Massively oversold on many indicators and timeframes, those conditions can last weeks though.

[2ngh] 11/7/2014 17:39

You,

I see.

Been so tempted this week to pull the trigger, oil falling for another week, huge broker notes this week, 5% a year traffic growth forecast and record numbers through heathrow last month you'd have thought the case to be bullish yet it has collapsed over the last month by a quarter!! Market basically priced in a profit warning for IAG and some, 11% fall this week alone.

Any further downside next week and I'll start the buying, trench by trench on weakness for a six month hold and 400+ price target.

[bookbroker] 11/7/2014 16:57

Due a good bounce from here, daily RSI suggests very oversold along with both fast and slow stochastic indicators.

[younasm] 11/7/2014 16:42

Triple up - ha haI use options, so bought some protection for further downside. I have plenty of December calls, so we should be okay after the summer sell-off.

[2ngh] 11/7/2014 16:14

Triple up you?!

Peny - did you buy some paper?

[younasm] 11/7/2014 16:08

Market supply/demand is still bearish......I will have to wait longer for the bounce back.

[2ngh] 11/7/2014 15:58

Staff consolidation in the Iberia arm, cost savings, would also see a companies shares rise.

[2ngh] 11/7/2014 15:56

Still very much in the shorts control unfortunately.

Oil falling again which would be the third consecutive week of falls, which would normally boost airline shares, has seen the stock fall 25% over the same period.

Heathrow reporting record traffic numbers last month and a 5% pa traffic growth forecast reported in the times, would normally see the shares rise. Coupled with falling oil and broker price targets suggesting possible 45%-80% valuations from today's prices you have thought it would have started to recover from the 15% fall this week on KLM profit warning.

Couldn't even hold the 2.5% rise this morning to fall 4% on very little volume today.

Still waiting for an entry, just think they'll take it lower.

[broadwood] 11/7/2014 12:57

Upcoming results from British Airways owner International Consolidated Airlines Group (IAG) could help repair fragile sentiment in the European airline industry, according to Jefferies following recent negative newsflow which has hampered stocks.

"Fallout from recent profit warnings has made airline investing more precarious. But we see selective opportunities in the aftermath," the broker said in a research report. "The market is worried about IAG which, while not immune, could deliver the interims update needed to soothe investor nerves

[2ngh] 11/7/2014 11:07

From the FT this morning....

Airline groups were inspired by news from Heathrow that it achieved record figures in June. British Airways operator IAG added 8.65p at 340.35p and budget rival easyJet was 35.5p higher at 1,307.5p.

'Record figures in June'.

[2ngh] 11/7/2014 11:04

Slightly contradictory of the times article forecasting 5% pa traffic growth.

Shorts still all over this, nicely controlling any rise with the order book.

[darias] 11/7/2014 10:25

Too many airlines, too few people with cash for holidays.

I blame the austerity policies of the last few years and, of course, internet with fewer intercontinental business meetings.

[2ngh] 11/7/2014 10:16

Could do with oil falling some more.

Doesn't seem the brokers notes make any difference!!

Yesterday's thinks there a 77% possible increase from today's prices and today's 45% possible increase coming.

Would be nice though.

[skinny] 11/7/2014 10:05

Five jetliners are to be built every day for the next 20 years as aircraft manufacturers gear up to handle 7 billion passengers a year by 2033, by which time the annual number of internal flights in China will have overtaken the domestic US market. These are headlines from the forecasters at Boeing, who believe that whatever gets thrown at the aviation industry - in the past 20 years it has been recessions, pandemics, Middle Eastern wars and 9/11 - the amount of air travel will rise at 5 per cent a year, easily outstripping global GDP growth, which is predicted to rise at 3.2 a year. - The Times

[skinny] 11/7/2014 07:17

Jefferies International Buy 331.70 331.70 510.00 480.00 Retains

[2ngh] 10/7/2014 12:22

Down 25% in one month and nearly 15% in a week.

What a collapse, still waiting for an entry as the broader markets could go a lot further over summer.

[shugsy] 10/7/2014 09:43

10 Jul 14 IAG Credit Suisse Outperform Price Target 587.00 Reiterates

[2ngh] 09/7/2014 22:43

Oil down, Dow up, futures positive.

Could be a better day here tomorrow.

[2ngh] 09/7/2014 09:07

That was another rapid collapse.

Think shorts still want their pound of flesh.

[2ngh] 09/7/2014 08:27

Morning all,

Thought we might have got a dip to start off, shorts closing possibly explaining the rise. Still on the sidelines at the moment.

A 2% rise after nearly 10% falls in two days is a poor bounce.

There is a gap to close now at 360.1 from earlier in the week so that would be the long target for bulls before re-entering shorts.

[younasm] 09/7/2014 08:22

Always a bad strategy to double up - just done that with IAG long positions. 357p is my new target.

[2ngh] 08/7/2014 17:15

Hit my 340 and just kept on going.

Markets look like they are in summer correction mode now.

Will see where things go tomorrow before dipping the toe.