Member Info for Fugazi1

northscot, you're in delusion. You holdings are deep red and will never see blue.

NorthScot getting roasted. looking forward to the dilution, i bet you're not.

iag at 200p? Really!

Good post A Smithy.
Spot on.

And it keeps on falling. 5.72% and snowballing

now over 5% down. The City knows, Gunning knows, retail investors getting stung.

That's a savage fall so far. Over 4% and snowballing.

""We have revolving credit facilities, we are analysing other ways of financing the group so we have alternatives before we [consider] another rights issue,""

Plain - or plane - to see. One way or another, Retails investors will get stung.

uncool benjit, rubbish, you are a liability, to these boards and yourself.

How will IAG address the massive debt and pension liability without any detriment to sharholders?

". l think you will find RI has been confirmed that it will not be needed."

Really, prove it.

According to the CEO, it's a consideration and he's not changed stance.

"price maintaining over the weekly 20 MA "

No it's not, it's blatantly below it, and the 200ma.
This is Bearish, koqenbenji, you haven't a clue. Play prize bingo.

"Fugazi1 unfiltered to see what you had to say but its the same rubbish, same for the last 3 months and while you have nothing in the stock I am in the green on my investment. Your commentary is predictable and boring.... back on filter...."

The truth hurts, I understand no one likes their holding diluted. According to Brokers, it's likely to be a dilutive RI.
There really isn't any other way. Likely to be announced just after full USA opening.

Not only that, BA with it huge debts, it not a competitor for other streamline profitable airlines.

"A lot of positive momentum over the next few weeks "
Is refinancing positive? Until we see the meat on the bones, it's far from positive.

3.38% down, wheres the 200p?

"sundezena

Posts: 1,068

Price: 178.12

No Opinion

RE: Some lightToday 09:35
Next stop £1.87 and then £1.94. DYOR.

............................................

No it's not. After the likely dilution more closer to 94p or 87P

Fakey SunnyD, i've took a heck of a lot more than 33.4%. Does that bother you ?

IAGlong, do you think I don't trade this share?

Good luck

IAG has over 1.2bn in debt, so how is that "strong" ?

The company has to refinance, how is that "strong" ?

Real facts...Trouble ahead.....Gunning knows.

While it looks as if IAG has the funds to see it through reduced capacity, debt — to state the obvious — needs paying back. To its credit, the bulk of the group’s debt is not due for repayment until 2026, although €626 million does mature in November next year. A refinancing of that debt looks likely.

But heavy debts do eventually put more demands on the earnings you generate. If you’re looking to boost profits, it also inhibits your ability to discount fares to win new business. And it leaves less cash for shareholder returns. Most analysts do not see IAG paying a dividend until 2024, in any case.

There’s also the question over whether another rights issue will materialise eventually. Given the level of cash and debt resources on the balance sheet, IAG has said that it doesn’t have any plans at present. Nevertheless, it may think it expedient to tap the market for cash at some point.

Appears up is not the only way? Where' the 200p+ fakey SunnyD ?

RI is required, isn't it ?