Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
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5th November is not far away and soon will every body will find out the position and direction of IAG
Market will be ruthless on the impending horrendous results.
Hexum will still be brainwashed believing no cash burn and 200p imminent.
Lol
and now the costs Hexham. Nice list of income, but now the expenditure. What were the outgoings over the time period of the income you say [I can't be arrsed to check whether your selection is appropriate]. And remember, upto 15th Feb in Q1 quarantine was not required so travel was much higher, if my memory is wrong on that I am sure somebody will say so, but the point was I remember travel was much easier for Q1 than for Q2/Q3.
You are the one insisting that the net figures be used. Do you work for the BBC? They insisted the number on the official leave campaign bus should bein net money not gross sent to EU every week, which would have been a unique way of using OBR numbers as they are always discussed in gross.
Closed under 160p. Not looking good.
5% cheaper tomorrow.
Once RI announced will knock 40 to 50 % off.
Cash but closer to €270m per week, as announced by FT.com.
...and to save you looking - breakdown (m euros) for H1:
Passenger revenue 1,141
Cargo revenue 769
Other revenue 302
Sale of property, plant and equipment and intangible assets 188
Increase in Deferred Revenue on Ticket Sales 906
= 3.3bn or 127m euros per week
BB, how many passengers do you think ba is carrying now? per week??
For goodness sake Blue, I told you where my proof was - the accounts. What more do I need? You can see the figures for yourself if you bother to look - either on the IAG site or the RNS for the interim results.
All my numbers came directly from the accounts - they were not estimates (just rounded).
Proof Hexam, where is this 140mil income coming from? Sundenzas 350,000 pax paying an average £400 per seat? That is one hell of a call and you really need to give some evidence. You 50mil is YOUR estimation and has absolutely no qualification. And whilst sundenza may have thought he was helping you out, he has shown just how absurd your 50mil cash burn claim is.
350,000 passengers. Average £400 per passenger. Every week. SInce what, May? Are perhaps referring to another planet in a galaxy far, far away perchance?
well said Hexam, losers are always bitter!! I feel happy knowing the clown is frustrated! looking forward to 5th and 8th nov. LOL.
No, what they are reporting is cash spend or as the RNS reported it "Cash operating costs". Are you saying the company is lying?
So you're saying pro brokers are lying? That's where the info comes from.
You are a dreamer. Not a clue about business, a bit embarrassing doncha fink - dude!
Whatever Fugazi. The accounts back me up. I don't need your blessing. Just content to keep pointing out your lies.
This share is not going to 190p. LOL.
The results will be horrendous, just like your posts.
lmfao
Sightwatcher, 350k-400k passengers flying ba every week before US re-opening is not bad at all. all by my calculation. we will see £1.90 again, very soon. holding into next weeks rise is the obvious thing to do, don't listen to the resident clown, whatever he says!! DYOR.
Calm down fugazi your making a bit of a fool of yourself
post @ 1619.
hahahahahahahahahha, LoooooooooL's
No idea of finances, just makes it up as he goes. lol
In case anybody is actually worried by the figure of €195m cash burn each week that is being repeated this is actually the weekly cash spend (and it's actually €190m pw for Q2). If this was actually the amount which they were drawing down their cash reserves by each week then I'd be joining the (small) group saying a RI was likely as this amounts to about €10bn per year.
However, IAG also have cash coming through the door in terms of revenue and this offsets most of the spend so during the first half of the year they were only needing to draw on around €50m of cash per week. Still a big number but much more manageable in terms of the cash reserves they have plus with the skies now opening up more the situation should improve. It doesn't remove the risk of a RI completely but to me it seems unlikely.
sundezena
Posts: 1,147
Price: 160.96No Opinion
RE: Where is the 200p?Today 16:17
this is a BUY. Ahahahah..
USA opening soon. big spike coming. DYOR.
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An no rampers challenge that nonsence?
There is an RI coming, price will spike for sure, to the down side.
The resident clown is posting loads! it can only mean one thing, this is a BUY. Ahahahah..
USA opening soon. big spike coming. DYOR.
sightwatcher
Posts: 301
Price: 160.56
No Opinion
RE: Where is the 200p?Today 15:56
Well it has been to around 190 P ?
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It's also been to 81p. Strong chance of another go at that support!
Well it has been to around 190 P ?
FTSE & WALL St sinking now, iag it be deep red tomorrow, the price is lagging.
RI VS part nationalisation, which is the better of 2 evils? RI probably but both highly dilutive.
I recommend a Strong Sell until the mist clears. Or like me, trade it like a trading chip as that's all it is now.
sightwatcher
Posts: 301
Price: 160.46
No Opinion
RE: Where is the 200p?Today 15:27
Fugazi1: it is your wild dream, it won’t fall to 142p before results!
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It's going to 142p for sure.
I'm now thinking iag will be a penny share. IAG is in a very competitive market, to be honest is a lost cause with the huge weight of debt. UK Govt may have to bail them out - part nationalisation?!
Well, ignore the fact it is in terms of Euros for a European company, 350,000 passengers PER WEEK SINCE MAY?????????
And you have then all paying on average £400 (454E) per flight. Virtually no long haul, you expect 350,000 passengers to be paying on average 454 per seat on intra EU flights? Every week. In a market competing with Ryanair, Easy J, Whizz air and then the rest of the carriers??? As you read this to yourself, can you see what utter nonsense your figures are??? 350,000 passengers paying well above business fare prices. Per week. As I said, if IAG was taking in that sort of revenue during the travel lockdown then there would be no issues at all with the sp and it would would multiples what it is now.
Speaking of which, a quick check of the sp and there is virtually no reaction to the budget speech. No specific support for the airline sector. Probability of a fund raise resulting in dilution goes up to 99% now.
And for this 300p by year end. I'm sure with what was known at that time of estimation at what must have been very early in the year that would have seemed reasonable. It is such a bottom scraper to take start of year predictions and repeat them as still live at the end of the year. A great deal of negatives have impacted the industry over the year so you are only going to make a fool of yourself by repeating that 300p, if I did say that - I'd love to see the quote because I would most likely have put caveats around it and other ifs and buts to qualify it.
Rns by Friday ??
€195m cash burn each week. It was alluded that ii could be closer to €270m
RI needed to keep company afloat.
Strong Sell.
Ps, had a nice 1.5% profitable trade today...was obvious of a rise up until midday uk.
Hospitality trade is rocketing.
Another 7k profit already this week.
See how its done Zelda!