International Consolidat... Share Discussion Threads

[redbaron10] 26/2/2016 11:53

There's one buyer out there then.You must be feeling a bit lonely.

[flyingadventure] 26/2/2016 11:47

Not me added more this morning ..... waiting game now.

[redbaron10] 26/2/2016 11:43

Call me cynical,but whose selling down here at these levels after those results!

[alphahunter] 26/2/2016 11:35

IAG is currently a consensus stock, which I followed blindly when I bought near the top ~585p a few months back, went through a very rough patch in January and sold today minutes after the opening.

I'll be buying back, but not before I listen to the conf call, before brokers adjust their forecast / price targets and before it ceased to be a consensus stock.

[bookbroker] 26/2/2016 11:03

Thing is we are top of cycle, planes in US full hence price rises, either more capacity or it's as good as it gets!

[younasm] 26/2/2016 10:37

Adding to long positions 535-537p level.

[bili1946] 26/2/2016 09:05

Regular outcome.....profits soar share price drops?

[skinny] 26/2/2016 08:43

Cantor Fitzgerald Hold 550.25 - - Reiterates

Liberum Capital Buy 550.25 700.00 700.00 Retains

[alphahunter] 26/2/2016 08:13

2016 IAG expectations < Analysts expectations
Probably conservative, but I decided to shoot first and ask question afterwards - for a change.

[younasm] 26/2/2016 08:03

Results as expected -- shares will be supported around current level.

[alphahunter] 26/2/2016 07:52

In 2016, IAG expects to generate an absolute operating profit increase similar to 2015. Revenue trends in quarter 1 appear broadly in line with those experienced in quarter 4 2015.

Not what the analysts have in their spreadsheets.:-(

[broadwood] 26/2/2016 07:18

These results are in line with our recent target and have exceeded our original 2015 operating profit target of EUR1.5 billion that we set in 2011. It's undoubtedly been a good year but it's also been challenging with extreme volatility in the currency and fuel markets. The benefits gained from lower fuel prices have been partially offset by the stronger US dollar

[flyingadventure] 26/2/2016 07:15

Excellent Results,i,m happy... onwards and upwards well done IAG.

[skinny] 26/2/2016 07:08

FULL YEAR RESULTS ANNOUNCEMENT

International Consolidated Airlines Group (IAG) today (February 26, 2016) presented Group consolidated results for the year to December 31, 2015.

IAG period highlights on results:

· Fourth quarter operating profit €540 million excluding Aer Lingus and before exceptional items (2014: operating profit of €260 million), including Aer Lingus €530 million
· Passenger unit revenue for the quarter up 3.1 per cent. Excluding Aer Lingus and at constant currency down 3.7 per cent including approximately 1 point adverse impact from Paris attacks
· Non-fuel unit costs before exceptional items for the quarter up 2.4 per cent. Excluding Aer Lingus and at constant currency down 3.9 per cent
· Fuel unit costs before exceptional items for the quarter down 13.4 per cent, down 23.9 per cent at constant currency
· Operating profit for the year to December 31, 2015 of €2,300 million excluding Aer Lingus and before exceptional items (2014: operating profit of €1,390 million), up 65 per cent, including Aer Lingus €2,335 million
· Revenue for the year up 13.3 per cent to €22,858 million and passenger unit revenue for the year down 3.5 per cent at constant currency
· Fuel unit costs for the year before exceptional items down 6.3 per cent, down 17.2 per cent at constant currency
· Non-fuel unit costs for the year before exceptional items up 4.3 per cent, down 3.9 per cent at constant currency
· Cash of €5,856 million at December 31, 2015 was up €912 million on 2014 year end, including €772 million from Aer Lingus
· Adjusted gearing up 3 points to 54 per cent and adjusted net debt to EBITDAR remained constant at 1.9 times including Aer Lingus

"Dividends

The Board is proposing a final dividend to shareholders of 10 euro cents per share, which brings the full year dividend to 20 euro cents per share. The final dividend will be paid, subject to shareholder approval, on July 4, 2016 to shareholders on the register on July 1, 2016."

[redbaron10] 25/2/2016 17:13

oh i will don't worry.You're dead right,oil prices aren't going north any time soon.The fuel hedging must be the easiest job going.The expensive hedges are gone after a year of low prices,the analysts must be pencilling in monster airline profits going forward.Broker estimates for this stock could be revised even higher.Thank you Saudia Arabia,Iraq,Iran,Russia,Kuwait,Qatar,UAE,Nigeria et al.Keep on pumping.

[flyingadventure] 25/2/2016 16:40

redbaron ...,difficult to really lose here,the share price will keep climbing,i,m here for the climb and the divvy which should increase tomorrow on solid results.So if your more than sensible you will enjoy tomorrow.

[redbaron10] 25/2/2016 16:30

oh i'm in alright,probably more than is sensible.Sleepless in Bristol,sadly without Meg Ryan

[younasm] 25/2/2016 16:25

Good question -- results should be good, but I can't see the shares rising much more than 10-15p.550-580p I reckon.I am not even thinking of the downside - bad strategy that ...

[flyingadventure] 25/2/2016 16:25

If your in you will be First class all the way redbaron ...

[redbaron10] 25/2/2016 16:17

Are we going to end up in first class tomorrow or economy?

[flyingadventure] 25/2/2016 15:50

Getting ready to climb to a new flight level ..... don't be fooled by the dips we have plenty of power to climb.

[redbaron10] 24/2/2016 14:57

I can't see how they can come up short of the £2bn profit forecasted.The monthly traffic stats have increased on y/y basis,no shocks or surprises there.The only weak link could be the Iberia performance.Spanish market off over 22% in last 6 months,so maybe a let down there,but if on Friday we get poor performance figures i am out of this company.Risks are too big in this business to sit and twiddle ones thumbs waiting for some payback.

[redbaron10] 24/2/2016 14:11

If Jim Cramer says once more that falling oil prices are great for the consumer,consumer spending and the airlines i will go to Bloomberg.In the present febrile nature of markets,this isn't happening.I would love someone to explain why IAG is tanking today.It tanks every day there is a dramatic oil price fall.

[redbaron10] 23/2/2016 19:42

With oil falling,it all adds to the bottom line.Carnival share price was clobbered by the Zika virus scare,and i know their ships don't fly, but their shares have seen a solid bounce this week.These two travel stocks have quite a good correlation so with a fair wind we might see two up days from here in anticipation of Friday.