Member Info for Garonne

But we've got daft Rachel Reeves in the UK destroying business with huge tax rises (she calls it employer national insurance) and potentially creating inflation with her mega spending, so requiring interest rates to stay higher. We really didn't deserve those Labour clowns just as things were starting to improve.

No they don't! RR has yet to go back!

I admire your commitment, James. TBH, I'm going to hold too but it's starting to feel a bit like one of my other underperforming holdings, VOD! I really hope this starts to recover and sustainably. Good luck to you and all other LTHs.

I hope you're right James but there's just no momentum here at all. It always drops back down, now heading below 650. It really is soul destroying holding Pru. I mean what the hell does the market want. Business is booming and there's billions of potential customers to tap in to!

I think Trump will settle things down, robleo. He's the only leader who has expressed dismay at the huge loss of life to the Russian and Ukrainian troops and the pressing need to stop that, so I feel there will be a ceasefire soon. Putin has already hinted at his willingness to engage with Trump on this matter. He'll sort the ME too. Iran will not mess about with Trump. The only fly in the ointment will be this dreadfully inept Labour government.

*concerted effort!

Well, it start off good but then! I mean after great results this still goes lower and further away from multiple broker forecasts. I just don't get it. I think there's a converted effort being made from somewhere to keep this down. It makes no sense!

In auction! I think it's going to jump up! 🤞

Https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.cityam.com/iag-british-airways-owner-launches-new-buyback-as-profit-jumps/&ved=2ahUKEwi46LW2nsyJAxXWVUEAHa8wM-IQ0PADKAB6BAgREAE&usg=AOvVaw3K3pQa2DclVUd2s2RgzXOM

"Aer Lingus and British Airways-owner IAG's quarterly operating profit jumped 15%, beating forecasts."

As per RTE website. That looks like a SP enhancing headline!

Hang Seng set to fly tonight. Might we be about to turn a corner? 🤞

Https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.paddleyourownkanoo.com/2024/11/07/british-airways-indefinitely-axes-flights-to-bahrain-and-kuwait-over-rolls-royce-engine-woes/&ved=2ahUKEwj8_si14MqJAxWZYEEAHQ-xK80Q0PADKAB6BAg3EAE&usg=AOvVaw3d_FUcXHOia7zYRjvX1DwQ

Https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.aerotime.aero/articles/british-airways-cuts-dallas-miami-flights/amp&ved=2ahUKEwiG-4yu3sqJAxUcUEEAHbOpF1QQ0PADKAB6BAgYEAE&usg=AOvVaw0-TomzwktG5LTuxUdLPzOI

https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.aerotime.aero/articles/british-airways-cuts-dallas-miami-flights/amp&ved=2ahUKEwiG-4yu3sqJAxUcUEEAHbOpF1QQ0PADKAB6BAgYEAE&usg=AOvVaw0-TomzwktG5LTuxUdLPzOI

Should we be concerned?

Https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.fmprc.gov.cn/mfa_eng/xw/zyxw/202411/t20241107_11522928.html&ved=2ahUKEwi9yNrNhcqJAxWsQUEAHWcsC88QFnoECCcQAQ&usg=AOvVaw0D5JoSHFqqqxth7Nfv5Bcr

I have a feeling that the China, US trading arrangements might actually improve now that Trump is back. Both leaders want their countries to prosper and a trade war is obviously not conducive to that desire. Trump is smart and knows the importance of trading with China for the US economy.

I wonder how BT's underwhelming results affects VOD's prospects in their half year results to be announced next Tuesday?

It doesn't look very promising, especially as the German economy continues to flatline. Maybe telcos are just bad investments even though everyone is dependent on them for their connectivity. I came here for the dividends initially but now wish I hadn't bothered as any recovery in the shareprice is fast becoming the stuff of dreams.

Https://oilprice.com/Energy/Energy-General/Citi-Sees-Oil-Prices-Dropping-to-60-Under-Trump.html

If oil drops to $60, IAG will be raking in the profits!

Https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://money.usnews.com/investing/news/articles/2024-11-07/air-france-klm-posts-q3-operating-result-below-expectations&ved=2ahUKEwiH2MLd7smJAxVAXEEAHYMRHUoQFnoECBsQAQ&usg=AOvVaw3cQFK6hy8izzxPGNMrkfui

Yes, Air France is the cause. Let's hope IAG produce better results tomorrow.

Why the drop?

And good luck to you too viren.

The FTSE has dropped right back. This is Starmer's Britain, after all!