Member Info for M1k3y

Thanks ruman.

Has anyone got the webinar link please

It keeps going down due to the Chump effect !

Down over 2% since he took charge.

I think Wes85 has it right. This is all about GS looking for a cheap entry point.

Good call.

Euros

This is to do with the bond markets , inflation and the US jobs data, indicating a much slower rate reduction than hoped for.

Basically, they haven't got a clue and Bailey , Reeves et al are all hopeless.

Same drop last monday .

Made it up during the week to drop again today.

Well, it looks like the announcement has gone down like a lead weight !

Yet another own goal by BA it seems.

HL say they do not claim back the tax for shareholders.

IAG say it can be claimed back but I have yet to hear from anyone who has claimed it back.

meanwhile UK shareholders pay the divi tax twice !

And has anyone yet succeeded in claiming back the spanish witholding tax .

Why is it not automatically refunded to UK taxpayers ?

Let's not get too carried away . BA still has the 'old' first class cabing on some of it's A/C from 8-10 years ago , that are still waiting for the first class 'suites' upgrade.

They are very very slow when it comes to implimenting cabin upgradaes and need to deliver the product much quicker if they hope to stand a chance of competing with other carriers.

Blame Walsh.......

It does appear that Qatar is receiving preferential treatment here , or am I mistaken ?

They are having their own shares ' bought back ' , while maintaining their percentage shareholding in IAG.

Other shareholders are not being offered the same financial benefit .

Am I mistaken, or will Qatar now end up with retaining the same shareholding % in IAG for a much lower price than other shareholders, as Qatar has had their own shares re-purchased by IAG using shareholders profits ?

Well, that is stating the obvious of course but as the shares were issued at a deeply discounted €0.92 per share............and they now trade at almost £3.00 per share, I wonder if they would ever be able to buy back the number os shares that were issued ?

So , in 2020 IAG issued approximately 3B new shares in a £2.5B Rights Issue.

The question I have is this:

How long will it take IAG to buy back those 3B shares at a rate of approximately €350M every 3 months or so ?

I note from the RS the following, which is interesting " Qatar Airways Group Q.C.S.C. ("Qatar Airways") has agreed to participate in the Programme on a pro rata basis so as to maintain its current aggregate stake in IAG (25.143% of its share capital). For such purpose, arrangements have been entered into between Qatar Airways, GS and MS pursuant to which Qatar Airways has agreed not to sell IAG shares in the market during the Programme but instead to sell to GS and MS, as applicable, on each trading day during the Programme (for on-sale to IAG) a number of shares proportionate to the number of shares bought by GS or MS, as applicable, in the market on each trading day, and at a price per share equal to the volume weighted average price at which GS or MS, as applicable, has purchased such shares on the market on such trading day.

Therefore, the Programme will be executed through purchases of shares in the market and purchases of shares from Qatar Airways on the terms set forth above, in an aggregate amount of €350 million (€262 million for purchases in the market and €88 million for purchases from Qatar Airways)".

Apparently it is not that easy.

I have not heard of anyone claiming back the witholding tax and would like to know if anyone has been able to and if so, how they managed it.

US launches dozens of airstrikes on ISIS across Syria as conflict in Middle East spirals

Https://www.express.co.uk/news/world/1986155/us-airstrikes-isis-syria-middle-east-crisis-assad

Spain's LEVEL obtains AOC, to launch own-code ops in 2025

Https://www.ch-aviation.com/news/147666-spains-level-obtains-aoc-to-launch-own-code-ops-in-2025?utm_source=dlvr.it&utm_medium=facebook&fbclid=IwY2xjawG_DJVleHRuA2FlbQIxMAABHR73zHnfcpLre3ya6Nf432qbyPbycLKGS5U77K6XdUti7mq5MG2ilpH4xw_aem_lNBRgzF0BbdA-OHZkAoIPA

This link works

Https://www.google.com/search?q=International+Airlines+Group+Private+Investor+Webinar%3A+Dec+2024&client=firefox-b-d&sca_esv=06bab1e14273c3d0&ei=nlJQZ8fJNtC4hbIP553cSA&ved=0ahUKEwjHkMSFlo6KAxVQXEEAHecOFwkQ4dUDCA8&uact=5&oq=International+Airlines+Group+Private+Investor+Webinar%3A+Dec+2024&gs_lp=Egxnd3Mtd2l6LXNlcnAiP0ludGVybmF0aW9uYWwgQWlybGluZXMgR3JvdXAgUHJpdmF0ZSBJbnZlc3RvciBXZWJpbmFyOiBEZWMgMjAyNEiPC1DoBlj5CHABeACQAQCYAdsBoAGsAqoBBTEuMC4xuAEDyAEA-AEBmAIAoAIAmAMAiAYBkgcAoAfkAQ&sclient=gws-wiz-serp#fpstate=ive&vld=cid:c4730162,vid:fv6gEWrZdQM,st:0