Member Info for Garonne

He doesn't have any decency!

Mr. Market clearly doesn't want Pru in the 700s just yet. Hopefully soon though. £7 then £8 etc.! 🤞

Indeed!

Know what you mean, larry. I've been in and out a couple of times and lost profit as a result although I've done well. I made good money on RR too but it could've been life changing! GS didn't help with their lukewarm assessment yesterday and now with oil shooting up it's as if circumstances are conspiring against us here. I'll hold this time though and may add post results if they're as good as we all hope. Good luck to you anyway.

I'm beginning to think this will never properly recover. There's always something coming along to halt any positive progress. It's back to Gaza unrest this time, then it'll be tariffs, then oil prices then Ukraine, then recession etc. It's becoming soul destroying holding this garbage!

The RR analogy is looking less and less likely. I'll always regret selling those way too early. The geopolitical volatility is omnipresent leaving the IAG SP and those of other airlines in a constant state of unpredictability. I'm getting tired of it all TBH. It'll take big balls to hold this all the way.

Https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.spokesman.com/stories/2025/jan/17/virgin-lures-british-airways-fliers-after-loyalty-/&ved=2ahUKEwjY17Dmx7eLAxWTUUEAHQchDocQFnoECCwQAQ&sqi=2&usg=AOvVaw14iasKIvViMgXMoIr8keNR

Have BA scored an own goal?

Certainly more than the horrible Bond ever did. Shows confidence and commitment. Hopefully you'll see a shareprice rise on the back of it.

My pleasure, busicat. It was certainly an encouraging article and Pokerchips, thanks for the advice, I'll try to take it on board. Let's hope though that Pru has already turned a corner. Onwards and upwards 🤞

And we're off! 🤞

James, thanks for your response setting out your rationale as to why you are still bullish on Pru. I guess I'm guilty as charged in that I am all over the place with my Pru investment having been in and out several times but this is due to the SP being all over the place too and its refusal to respond to any positive broker forecasts of which there are many. It's clearly been too susceptible to the Chinese macro economic woes, which does seem illogical as it does most of its business outside China, so the volatility has been disconcerting. I am, however, determined to stick this time for the hopefully significant gains on offer at these prices. It just has to come good eventually! 🤞

Moving away from UBS's and other broker forecasts as is seemingly the norm for this share. I thought last week that it had turned a corner but normal service has resumed, unfortunately. I wonder if JamesOxford still stands by his prediction that this will come good by the end of this month. Maybe if Xi and Trump agree on something positive by way of a trading arrangement we might finally start to head towards a fairer valuation. Then again pigs might fly! 🐖

It looks like it's being taken down again for no apparent reason. Buys outweighing sells and down she goes! People say there is no manipulation in the stock market but as an EZJ holder I beg to differ!

Couldn't have put it better, George. An absolute dog! One wonders why it's performing so poorly given the remarkable recovery of the actual business since COVID. Something is clearly going on that we humble PIs are not a party to. I hold IAG too but now wish I'd put my EZJ money in there too! The difference in SP performance is night and day. Maybe this pig will come good one day!

Https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.ii.co.uk/analysis-commentary/undervalued-insurance-stocks-about-come-back-vogue-ii534274&ved=2ahUKEwicr9aC-aqLAxXIYEEAHV9KIe0QFnoECB4QAQ&usg=AOvVaw1cPO5Xsn6A_8ijJ8ULdo-6

Hopefully they'll come to some mutually beneficial arrangement. Trump says Xi is a friend of his!

"Investors want to see the Germany turnaround playing into the financials," Della Valle told reporters.

"It takes time for this to happen."

How much more time should she be given? I think her time is up! She has presided over a destruction in shareholder value since her appointment as CEO, which has now, in my opinion, made her position untenable. It's all very well taking credit for Turkey, Africa and even the UK but if your biggest market is floundering with no solution at hand to turn it around quickly then for me the CEO has failed.

What does it say, Savage? Maybe operating profit didn't decrease!

I think Margherita should go!

"Operating profit decreased by 18.4% to €1.0 billion (see basis of preparation on page 7)."

That doesn't sound good either! I hope I'm wrong but I can't see a significant SP recovery on the back of these results. Africa and Turkey are doing great but is it enough?