Member Info for Crossley

That wasn't intended towards to btw JO.

It was towards the Dire Straits reference….. LifeIsARisk

Very nice LIAR

Got it. 1.1m @ 24p. Nice!

Been watching, and waiting since the announcement. Some painful reading at times. I must ask though, James O,

How have you managed this?….

although my average buy price is pretty decent at 25.5p now anyway

Morning,

Can someone put me right on the results please?

In there, NWG stated they’d returned 4 billion through dividends & buybacks. Dividend cost would have been around 1.5 billion. HMT buybacks appear to be around 28% to me. 38% at the start of the 2024, 10% by year end. By my reckoning, that’s just shy of 2.5 billion shares. Where am I misreading the info please?

Guy/Girls,

You really are over complicating the buyback thing. The shares will get cancelled once the buyback has been completed…..

The shares purchased under the Programme will be held in treasury pending approval to cancel such shares being granted by IAG's Shareholders' Meeting.

Has already been discussed, the buyback is tiny. This particular program, 82.175m have been bought back so far.

That’s 1.65% of the SII

 

I am wondering if you really chek the report. Q3 normally has th highest income, which is 0.281 euro for 2024…..

I do yes, and I’m sticking with 0.52-0.53 gbp. Let’s see…

Apologies, it’s even tinier. Forgot €. 1.8%

Long run up fuelled by the buy back,

Sorry, but disagree with the buybacks fuelling the incredible rise here in SP. It’s tiny as I’ve demonstrated before. Less than 2.2% of MCap.

The Prudential, now that’s a proper buyback

Typo: Oct ‘23,

Have a great weekend NWG investors

For me,

I bought on the day of the big drop in Oct ‘22.

Share price had dropped 16% on that day due to slightly underwhelming figures, oh, and Farage opening his mouth.

Looks fundamentally good. Dividend increasing. If it can hang on to last years 6p, which looks easily achievable, but increase due to the attributable split, that should give 23.6p for the year.

At 5.5%, that would some way above what Barc’s said yesterday.

More than happy to continually hold here. Onwards and upwards

On the dividend thing.

That looks like a, like for like (a lot of likes there) of 7.86% increase from the 11.5p last year with the attributable position moving from 40-50% making up the rest?

Not sure how the results will be received, never do.

15.5p dividend

IAG. So, that’s it. Talen Energy, and no reason. Best of luck then.

On my IAG investment, I had a small holding for me, here from early on in 2020. At £1.27. I then substantially increased when I sold BP on the 15th of October and moved it into here @ £1.91. (16 Oct 2024 15:38) Posted on my history here. I then increased it by another 10% in early December at £2.87. Didn’t stick that one up tbf.

£.1706 average. I’ll continue to hold. Good luck with Talen then. Some diversification would go amiss?

Iag,

No. Ryanair played a blinder. EasyJet didn’t. They hedged too high. It’s bu**ered this years profits up. To the tune of 400 million pounds for 2025, and also, to a lesser extent, into Q1 2026. That’s if my figures, that I posted on EasyJet’s forum, are correct. I think they are. And all the so called professionals on there didn’t dispute.

You’re very good at your predictions aren’t you IAG, always after the event though.

So come on then, why has this peaked. Let’s have something constructive from you for a change. And, where are these better long term investments, and as equally important, why? I’m interested. Genuinely, let’s have something constructive from from you

We shall see. They will save €700 - 800 million in fuel for starters though..

Each to their own

IAG. Well it clearly is. They’ve estimated higher margins and more profits before tax than Deutsche. And, only slightly less than JP Morgan. I’m no cheerleader mate. I say things how I see them. There’s plenty on my history sl***ing company’s off I’m invested in. In fact, I’ve just done that very thing on EZJ forum. I see no point in being anything other than truthful. Rightly or wrongly. Yourself?

While I’m here.

Primetime, keep an eye on the core CPI rather than CPI. That figures is worse that’s just come out, @3.3 compared to 3.1 expected…

The Core Consumer Price Index (CPI) measures the changes in the price of goods and services, excluding food and energy. The Central bank pays very close attention to this figure in its role of maintaining price stability. Because the Fed believes that core inflation is a better gauge of underlying price pressures, it is more closely watched than overall inflation which tends to be more volatile.

Although I’m holding here. It’s because the SP I consider too low to sell at. I do not buy into all this manipulation stuff. I was expecting so much more from the update. As soon as I read that 709m figure I knew we were in for an SP fall. Ok, it’s 16% up on last year and yeah, the holiday package thing is all well and good but the actual profitable figures are still tiny to the overall profits for EZJ. Oh, and they’ve tied their fuel hedging in too high. That’s for sure. Incredibly costly compared to what Ryanair have hedged at. A missed opportunity in my view. Where do you think the SP would be if they’d said expected profits of 1.1 billion in that update?

To me it looks like Bernstein has downgraded IAG purely on the basis of IAG & Lufthansa having an equal split of trans Atlantic volumes. And, that’s where the money is. While Lufthansa are trading on a discount, to IAG. Somebody asked this question yesterday, but it soon got pushed down to page 2!

is there going to be a post, where we can give our guess for final price before final figures are given. ?

Reply:

Not really, but based on latest analyst views, without taking outside influences into account, that we do not yet know over the next two weeks, we have these....

GS: EBIT 4.5b - margin 14% = SP (predictions) = £3.75

DB: EBIT 4.1b - margin 13.1% = SP £4.00

JPM: EBIT 4.85b - margin ?(estimated 15.3 ish%) = SP £4.59.

That Goldman Sachs S/P prediction looks about 50p too low, compared to the other two estimates?