International Consolidat... Share Discussion Threads

[hamhamham1] 13/4/2020 11:57

If the share price was 250p and increased by 20% ON AVERAGE per year for next 5 years, that's 622p in 5 years. Very doable. Similar with hopefully rest of my portfolio, then sell all in 5-7 years time, no sweat.
That 622p price is where it was only 6 weeks ago on 21st Feb 2020.
But am here for the duration with a broad portfolio, so short term is for traders, I like my sleep too much to trade, and I don't have the smarts :)

But spreading across many different companies, for me, makes it more comfortable as any one (or two) companies can develop issues, so why concentrate on one company even if you think it's the bet for you.
And yes, the value of my portfolio could go down over next few months, but I have money to invest if opportunities present themselves, and if they don't, I'll keep it in the bank.

[hamhamham1] 13/4/2020 11:49

Yup. And share prices tend to be ahead of hard data. Both downwards and upwards.

[smithys2019] 13/4/2020 11:47

Ham ham, so You are predicting 20% annualised return from here on in? I will take those odds!

[hamhamham1] 13/4/2020 09:47

Sr2. No one knows the future share price at certain points. That's your guess. I am not ramping here, and I only put a wee punt here, so it's not a problem.
Last time IAG was around 150p (in 2012), it hit 600p within 3 years.
Events will drive the price here, and no-one knows the future events.

[sr2day] 13/4/2020 09:40

make no mistake it will take IAG at least five years to get to 500p if ever but first we will visit 150p or lower.

[m1k3y1] 13/4/2020 09:27

Motley Fool.......it's all in the name.

[qantas] 13/4/2020 09:05

Please do your own research as always.

[hamhamham1] 13/4/2020 09:03

Whilst the oil deal isn't necessarily the solution to the price drop, I think it will at least put a more stable floor beneath the pricing.

[loganair] 12/4/2020 21:14

It looks like BA have retired all their A380s permanetly and for good as they have flown them all down to Chateauroux in France for what BA call long term storage.

[ny boy] 12/4/2020 20:07

Boris is back, nurses should be in for a pay rise, more money not clapping

Onwards & upwards here, ignore the noise, unlock by mid June imo

[qantas] 12/4/2020 19:25

BBC News - Boris Johnson thanks NHS staff for coronavirus treatment


Welcome home Boris

[laurence llewelyn binliner] 12/4/2020 14:20

#m1k3y1... off topic for this thread but you are correct, it is a Cartel, collusion, price fixing, market rigging, it is not free market pricing, simply because most of Oil production globally is state owned/controlled Aramco/Rosneft etc and they absolutely have to have USD50/60 Oil for their governments to function to pay for everything as these are not industrial powerhouse economies like Germany collecting large tax receipts, they are totally dependant on Oil revenue, Saudi, Russia, Venezuela, Mexico are a few of the biggest and they will have to rig the price by throttling back supply so the Governments can continue to function, not to mention corruption can continue as well..!

Saudi has built up a huge war chest of cash over years, and the US have become increasingly less dependant on imports over the last 5 years, Saudi wanted Russia to collude with them again to try and bankrupt the US shale drillers to hurt their independence, Russia preferred to fight for market share instead, so the flood gates opened..

None of them considered what if there is a 15% global downturn in consumption, now as all the worlds storage capacity has almost reached max they are forced to collude again to manipulate production until prices recover to where they can all pay their bills.., the supply vs demand numbers have to balance whether they all like it or not as no one has any storage big enough to hoard it, better off leaving it in the ground where it was, and we will see it play out next week.. :o)

I see IAG as the strongest in a very vulnerable market sector to survive the current crisis without Gov bailouts and equity dilution, great value at 200p down from 600p, yes they might go lower, but the strongest will survive to mop up the routes others that fail leave behind, as well as their customers increasing revenues over time..

[hamhamham1] 12/4/2020 13:19

Producers make the rules as it's currently still such a key commodity, the world needs it produced to function. So until scalable rivals to oil appear, it's whatever they want or need to keep the supply going then they pretty well get it.

[m1k3y1] 12/4/2020 12:29

ham....I never understand this Oil pricing.
It is after all a monopoly, with the major oil producers fixing the price.

Why is it allowed, when price fixing is illegal in most countries , certainly in the UK and EU ?

[hamhamham1] 12/4/2020 11:56

Interesting re mexico oil hedges, no real inventive for them to cut. They offered 100k bpd cut, Saudi want 400k cut. I reckon settle at 250k cut.

[qantas] 12/4/2020 08:58

BA sad news.

[m1k3y1] 11/4/2020 15:56

Qantas....it's an old article and IAG has just extended it's credit facility......
I suspect that a lot of companies will have had their ratings cut but frankly it is of little importance at the moment. All kinds of funding is being made available from numerous areas....if needed and Walsh says IAG doesn't need it.

[qantas] 11/4/2020 15:22

Please do your own research as always.