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BA have not paid a dividend between 2001 up until the recent (financial year) 2007 dividend as far as I'm aware! Shame you couldn't have sold them about a year ago for twice the price.
Hey all you traders - help out a poor confused woman who has inherited some BA shares. Can you tell me why I have not seen a dividend from BA for the last 5 years. I have no doubt there is a very obvious answer but do share it with me so I can be assured I am not the only person getting nothing out of good old BA!. Give it to me in real simple terms - No tech talk guys - complete novice!
however sp has bounced back to 250 from around 200 3 times in the last three months and decline in oil was nt the reason everytime,rather than pilots strike ending and others.if this repeats it can be a good earner.if you can predict when sp has hit bottom.good luck,hope the trend stays like this...
i sold yesterday at 255.30.oil was 122.thank god i sold.
are you fatcontroller or are you donace?
i am out of bay!anyone daytrading any shares today?
Fed bank have stated no more interest cuts.That means dollar will strengthen and oil wont be the bargain it has been.will start to drop,but will take as long to get back to normal as it took to get to present levels.good news for transports,especially B.A,Easyjet and stagecoach.good luck and as always DYOR..
122 now!!!yes
does anyone think oil will continue to fall tommorrow,so it'll push bay higher?i am waiting for this to get to 250 and then i will dump them.
I also agree that those that have to fly long haul on business will consider the fuel surcharge as a payment of neccessity in order to maintain reliable service , however , whilst I think that BA are justified in so doing , I don't think the press will be so understanding. Airlines are having a crapy time of it and I was dissapointed that nobody was interested in maintaining silverjets service. I thought BA were due to launch their own business class service from the city of london airport in due course and I would have thought that if BA got in on the Silverjet brand and any slots available from Luton/Stansted , etc , that this would have been a boost to those plans, obviously my thoughts were way off track. I would have prefferred to see BA in the headlines as putting its recent profit to use and saving 10's of thousands of flyers from misery and buying the last business class only airline for not alot of monies rather than sweeping up any short term business that falls off silverjets undercarriage.
I agree with all of that but much of the business that BA depends upon is not sensitive to a bit of fuel surcharge. I think this is a good move for BA and thrifty families have all weekend to book without paying the new charges that come in on Tuesday, I believe. If people want to save a bit they can fly long-haul on an American airline which is completely joyless or pay more for KLM / AF or LH. If they fly to the states, it is still a bargain at 2:1 while the Euro-zone prices of everything at the destination will make paying a little bit more for travel irrelevant.
The collapse of silverjet , oil prices weakening and american airlines pulling out of stansted has given a little recent spurt to the shares. Looks like BA have also whacked up fuel surcharges which will deter a family of 4 flying long haul this year. I opened a recent long position that I have now closed and opened a short as I think that these might well fall back again given the fact that they are effectively saying to families to stump up another £1k to fly long haul which the weekend press could well ave a feeding frenzy upon. Airlines are going to be fickle for quite a while and traders should profit from these peaks and troughs when they can. http://www.thisismoney.co.uk/consumer/travel/article.html?in_article_id=442289&in_page_id=&ito=1565 , gl.
apparently ba is going to release some load figures next wed.anyone know if these are up or not.hope this will push sp higher than present 233!
thnks,what a coincident,i was just thinking about it!
.... went ex-div today , I have pasted a link that I find useful for a quick check on divi dates and other divi related info , atb ,mark http://www.dividendinvestor.co.uk/index.php?symbol=bay&submit=GO
i remember bay saying they will pay a dividend of 5p,but not when (ex-div date) does anyone know this?thanks
I thought that the GP was great. Lots of thrills and spills for the spectators.
..always good to dump pre-market opening,lol. Shame about the weather over the grand-prix today , added some interest though. This could add a little more pressure http://business.timesonline.co.uk/tol/business/industry_sectors/transport/article4004371.ece
i usually dump around 0754.
i agree,i want to dump,but i'll wait for a drop in oil before i do.should have dumped at 254,damn. june is the summer driving season in usa,dont know exact dates for it,but it could push oil higher...scary
Time to get rid of these. I think sky high oil prices along with the open skies agreement are going to hit BA very hard in the next year or two as other carriers are now allowed to compete on the lucrative Heathrow - Trans Atlantic routes. Other Carriers like bmi could hurt BA in the coming year as they have a significant number of those valuable LHR slots.
LONDON, May 19 (newratings.com) - Analyst Chris Reid of Deutsche Bank downgrades British Airways PLC (BAY2-GBX) from "buy" to "sell," while reducing his estimates for the company. The target price has been reduced from 361p to 200p. In a research note published this morning, the analyst mentions that although its full-year results were healthy, the company has pointed towards challenging industry conditions. The bulk of British Airways’ network is making losses and the company needs to substantially resize its capacity offering, the analyst says. The company seems to be losing its ability to improve pricing while sustaining volumes, Deutsche Bank adds. The EPS estimates for FY09 and FY10 have been reduced from 28.8p to 9.7p and from 37.5p to 15.8p, respectively. more concerning,Deustche warned clients that BA is losing its profitability advantage over rivals and said it believes "the majority of it s routes,especially those in Europe and the Far East,are now lossmaking". the carrier is failing to pass onrising input coststo customers and this will hit earnings per share despite cost-cutting costs. if ba is really making a loss as stated above then this is really worrying!..
"The board of British Airways has been forced to assess the impact of a possible £900 million reduction in profits this year, caused by the rising price of oil. Martin Broughton, BA’s chairman, admitted that the board had debated what would happen if the airline were in a “break-even position” by the end of this financial year, having just revealed record operating profits of £875 million last year."
Don't forget the whole T% fiasco and the crazy oil prices all happened this year and were not included in the results today. With EOS and Maxjet going out of business on BA's most profitable route New York they have seen a boost intheir business class, but I think they are facing a very tough time and results this year will be well down
British Airways warned of a challenging year but investors concentrated on the airliner posting a 44.5% increase in full year profits despite weaker conditions and rising fuel prices. Pre-tax profit for the 12 months rose to £883m from £611m previously on revenue that increased 3.1% to £8.75bn. Operating margin increased to 10% from 7.1% in 2007. The positive results, driven by cost-cutting measures and rising business-class seat sales, prompted BA to pay its first dividend since 2001. It is paying 5p per share for the year.