The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
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Dave - your posts about GT are simultaneously admirable, slightly worrying, and very funny - your desire for her seems to parallel my desire for KM. I wish us both well.
Tricky - same as it ever was. I have been to Russia about 5 times, and liked it a lot, and found the people fascinating. It's like any country, one needs to differentiate between the government/ruling class, and the regular folk. Much like the UK - the ruling class are clearly a bunch of ******* *******, entitled, corrupt ***** (those are my asterisks, just for the record), but once you get beyond that, you will find many thoroughly decent people. Hopefully that includes me (although my ex-girlfriend may disagree).
Sorry dave. i just cannot agree. but each to there own
I remember being a bookstore looking at books by Greta Thunberg. and thinking who do i hate the most. but could not think of anyone i hate so much as to send a book to them
£2.30 is a very realistic price target in the next few months. If dividends are announced next year then around£2.80 but £6 is pushing it.
As much as i agree with your sentiments, i honestly do not see war in Israel or Ukraine finishing any time soon.
Zelensky wants more involvement from eu , and Netanyahu has a licence to bomb at will.
as for un. their voice is useless at best.
as a businessman once told me. the war in Ukraine will end when the money runs out.
but life goes on. and one should enjoy it.
i for one do not expect any big gains from iag.. more likely to tick along between 180 and 190 for rest of the year.
good luck for the new trading week.
here in Russia life is pretty much normal. i am looking forward to going fishing this week.
when i was in a fishing tackle shop. a Russian man said to me welcome to Russia. i get that a lot.
really are friendly bunch of people
@bobbins2 - Sometimes the best things are said after a view!! Seriously, I agree with your sentiment below, it should not be lost on people that under the guise of Covid, Willie Walsh took the opportunity to make some serious efficiencies to the business. Unfortunately, with the current geo political situation it will be a while before we saw to previous figures in terms of the SP. However, IAG is a serious money making machine, eventually the current wars should end and not withstanding any further new curve balls, we should see IAG really fly in terms of the SP. Continued debt reduction along with share consolidation and a future dividend announcement will then really drive the SP here when the big boys come! Until then, if we can get to the 200 mark this summer and have that as a base, I'm sure many on here would take that in the short term!!
Bobbins2
Your bang on
This will do very very well if it manages to get to above £2 and slowly rise from there
If it finished 2024 at £220 that's a 20 percent rise from here and puts the market cap close to before the pandemic
As you say a market cap of £20 billion in the next few years is not gonna happen
Https://www.telegraph.co.uk/travel/news/bas-7bn-transformation-has-begun-with-a-single-plane/
IAG and its various component parts seems to be getting a lot of media coverage, one way or another
Splendid first paragraph.
Maybeoneday it would appear that we are on the same page.
Prior to the deadliest pandemic in history (aka. a nasty flu, dangerous to vulnerable groups, but of little or no consequence to 98% of the population), the market cap. here was about £12.5 billion. Today it's about £9 billion. The debt (thanks to the lockdowns) may be higher, but profits have been increased, partly thanks to the cost-cutting during covid, and also to the rise in ticket prices. Then, of course, there is the volatile geo-political situation, which has an impact (obvs.).
Hence it is quite a tricky call ( if it wasn't, we would all be rich), but talk of £4/£5 here is utter madness (in the short term at least). I do think that £2.00 - £2.30 is realistic in the next 6 months or so, but given the global political volatility, £1.40 is also possible. Such is the joy of investing.
Please don't have a pop at me, I am a
long time investor here, and would be delighted to be proved wrong and see the price surge to £3, but I just can't see it.
Anyway, having just returned from 3 hours in the pub, I am just amazed that I can still construct a grammatically correct sentence.
Looking forward to seeing what next week brings.
See you soon.
Unlikely to see anywhere near £6 over the next few years. With the company still in debt and the share price diluted during Covid. This still has a long way to go. I would be happy with £2.50 - £3 over the next few years. I could be wrong of course but £6 seems way too high.
One the advantages of being a private investor is that we can ignore the 'small-mindedness' of the market spivs.
... Because that's how the market values all companies? Some own over 40 brands under one company.
I'm hoping the rerates will drive the price upwards, we just need at least one of the wars to end!! Hopefully 180s is the base and a solid build into the summer peak season!! Just back from a nice round of golf!! Onwards and upwards have a good weekend all!!
Try pricing the individual companies this firm owns and 600p is quite small.
@cheated, 600p? Are you on the right forum? Asking for a friend...
Roll on 600p a share and recapture past glories.
wasn’t he the one who use to **** off iag and rr at one point??
Clank - Sundenza has been positive for long time. Evertime SP goes down or up. He or she will find reason to be positive not correct way to look at any investment.
Well done conger2
enjoy your weekend basking in the glory of your win.
As todays winner of guess the closing share price I just firstly thank my agent, and mother, but the biggest thanks must go to my pet goldfish Burttie, who as my quant put in endless weeks of calculations to prove our numbers. With Al him I am nothing.
Thank you Burttie, 🐠 mealworms for you my friend tonight!
Careful !! Greta loves animals. Especially when they have the capacity to make financial contributions to her 'Climate Fund'.
Which you clearly do.