Member Info for Conger2

I am a qualified accountant with, a masters in Tax and Finance, 40 years commercial experience, run my own companies for the last 20 years, thanks for the education on economics 101... wow I knew none of that. just wow!

You are so condescending.

The share price has dropped nearly 25% in the last three months, I think you talking out of you butt MGMv12 IMO.

Most recently this has been caused by the conflict in Israel, but all this is way over priced in, working on the EPS and looking at the B/S this should around 2.40 this year, based on peridermic shares prices, EPS takes into account all the costs you mentioned already.

As ever the majority are over reacting to short term uncertainly, against a fundamentally strong company that is making record profits and is seriously undervalued.

Just two days before record good results are likely to be reported. Makes no logical sense.

O come on has this board lost its sense of humour!

^O = Sarcastic.

Its great to see the posting volume raising, i think clearly a cup and handle forming .....

If we can maintain volume volume only good things can happen ..... ^0

Eagle, You are taking pennies, there is in sufficient liquidly to make any meaningful money with this share.

It is not a short term tradable share.

From what just said ....

Discussions is on going, sticking point is what they are offering so far, discussing is getting more intensive recently and looking favourable. Aim is 10 well development from existing pad in the first half of 2024, which to me means they have to agree the JV very soon to order the kit.

Current production numbers 350,000 with 600m of the 1500m of water / consolidate removed, he believes all the 350 is all coming from the new frack zones 5-6 and the water is coming from the old frack zones 1-4, which will be blocked off again if needed. 350 is not the flow rate yet.

Give it 10 minutes lol

We already know they are very good.

IAG under valued IMHO, being held to ransom by a conservative finial salary pension scheme, that will have to change its position Dec 23. I suspect we will get the start of dividends in 24, and more share buy backs.

I think there is little they can say to make this go lower, completely under valued, they need to focus on Cambay delivery nothing else maters in the short medium term and there will be no long term if they don't deliver!

I have been reading the detailed accounts and can see cost of sales raising with thin margins, as passenger number increased.

The final salary Pension schemes are in surplus Dec-22, it was the deficit 1.65b the year before, that made BA agree to no dividends for 2 years with the NPS, it is ridiculous that this schemes are so big now they dictate how companies can operate these days.

BA debt is floating not fixed, it might be hedged elsewhere of course, hundreds of pages in the reports.

I have noticed the lack of info on the JV in recent weeks from the company, it has not been mentioned at all.

I wonder if they could not agree terms they were happy with, so this presentation might be to help find more JV partner options. and or as a way to push the existing conversations forward to higher numbers, by public saying what is on offer.

This the sort of news that should send IAG share flying, Heathrow is BA's hub airport, if the Heathrow is packed BA planes are packed.

You only got to look at the prices they are asking for flights compared to pre-covid to see they must be making huge profits and generating massive cash flows. When will BA be able to start paying dividends to group again.....

I jumped and took a hit...

Israel, Iran and Homas is far too unpredictable, for me.

Such is life. Some you win some you lose.

It is the land that is expensive not the houses, the whole of house inflation has been caused and controlled by our planning system.

I looking for this to go to about 1.90 by Q3 results day (end of the month), which really is not very ambitious for where this should could be.

Yes exactly what I thinking no don't dilute again, use the massive cheap cash pile you have.

Gap closed a bit good news day, but will it have momentum from here to Q3 results, which we know are good.

Like I said I think 2.50 is not unreasonable a target by the end of next year.

It's not like we don't know this share will recover in the end, it is pretty much a matter of when not if....

IAG at 2.50 + by the end of 2024 is a real possibility, fingers crossed for us all.