Member Info for Conger2

Sitting on cash making 3-4% when the bussiness is making 25% ROi is just redicuilious. It s a drag on ROI and shareprice.

They have one job, make shareholders value, and they are quite clearly failling at that for he moment.

Another way to approach the IT infustructure probelems they have it is to buy, a much smaller airline, with an established, marketing leading, scalable customer service IT infustructure, that way they remove most of the risk, get something up ans running much faster with inhouse skills, and just roll it out across the all of IAG over time.

It is like it is being run by civil servants at the moment.....

They quite clearly did not need to dilute the shares that much at the time, or they would not have 12b in cash now, or at least they could buy thoes shares back cheaply now, before they rise too much. Hence using a share buy back...

1b share is about 1.6b bought back and should push the shareprice up by around 20%.

It is great shareholders value, 20% return vs 3-4% sitting on the cash.

The way they are going they are going to lose this significant long term retail investor and if i am thinking that i am far from alone. They need to get the company's share price back to precovid levels as a priority which is around 2.40 taking into account the shares diluotion that happened. Sitting on 12b cash is just not going to do it as it is doing nothing sitting there .. maybe earning 3-4% which is rubbish with a company about to post a EPS of 37p making and therefore making an ROI of around 25%.

Sorry MGMv12 i just dont agree at all, and have considerably more than 50K in here.

IT feels like the company is run too centerally, so simple projects like the BA website are not happening... they are trying to do everything stragitically whihc means the company loses its agility.

They have had years to sort of the woefull BA website, and the money to do it but where is the investment? Instead they have 12b in cash in the bank. It is the directors job to maximise sharholders value everysharholder and this massive customer service IT investment they are taking about is going sap the life out of everyone, incremental continous changes are a much better way to make a steady increase in shareholders value and if one project going off it really does not matter as there is another 20 projects going on.

Big companys should try and run like lots of little companies as it imporves the staff retention, engagement and enthusiamsum. Which in turn improves customer engagment and service, as well as maximising/leveraging the talents of existing staff memebers.

Maybe a large share buy back programe to return cash to shareholders might be better plan then dividends?

They should pay off debt with some of the cash, as they have a Debt PR problem with the share.

Shares values are not just about the bottom line profitability and don't get whay they would buy more airlines at this time, focus on maximising what they have and make the legacy overdue IT infrastruce investments. The scale of this investment is far too big trying to fix a complex IT system with one massive project is a massive mistake as they go wrong.

Start by fixing the Websites and customer buying experiance as the BA website is woefull to use for instance, this would bring imdiate benfits and improve the companies image. It really would not costs much to fix.

If it makes you feel any better, i sold my 350,000 shares in RR at £1.80 ....to buy IAG at about 1.60 .....

If i have stayed the course i would be over £600k better off , but at £1.80 I made a tidy profit anyway and i have enough @58 to retire in comfort in the next 12 mths. So i dont feel too bad tbh.

And around £750 to 800k in Pensions / Investments / savings is the magic number for rertirement I agree as a single person.

Around 3K in month take home is doable indefinatly on that invested, using ISA's / Peension / Interest you know your state pension is coming so it really does not need to increase each year and as you get older 70+ you will spend less.

At least that is my plan! lol

I did the divroce movement 6 years back a seismic financial shock at 52... But out the otherside now, with a beautiful, gentle, kind GF, we travel and scuba dive around the world. I generally live modestly and want for nothing.

Disaplined ... lol

To be fair i made the vast majority of my money in the last 5 years Invest_na, but was only able too due to by being disappointed for the last 20 years. As i had no stupid car loans etc .... But focused on living within my means and saving what i could, so when my income shot up in 2022 and 2023, temporaly i was able to put loads in my pension get it invested and take avantage of the bull market.

I am just winding down my business and will tresting "retirement" in the next 12 to 18 mths due in no small part by my gain on RR. Not too shaby to have that choice at 58-59 years old. :)

Enjoy your retirement yourself. :)

That is life changing Invest-n, life you said different for everyone.

Https://www.youtube.com/watch?v=VUjn8u-hRH8

Happiness is a cigar called Hamlet.

I am made a life changing amount on RR and other in the last 2 years, so i can really complain.

I think you need about £800k to be able to retire on £4k a month plus state. So little point in having more tbh.

In the meantime taking you back... Happiness is a cigar called Hamlet.

https://www.youtube.com/watch?v=VUjn8u-hRH8

This run up on RR has made a few pension millionares on this baord i am betting....

I sold 350,000 RR shares at about 1.8 to buy IAG FFS...

Where is my Hamlet cigars?

Regerting selling 350,000 RR shares at 1.8 FFS ..... I would be seriously loaded now if i stayed the course! lol

Where is my Hamet cigar....

Both long term and short Leases are shown as liabilities in the balance sheet so are in the "debt" figures.