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Currys investor hits out at ‘absurdity’ of London Stock Exchange as more companies prepare to quit.
Criticism adds to fears that low valuations leave UK companies vulnerable to takeovers
https://www.telegraph.co.uk/business/2024/03/05/currys-investor-hits-out-absurd-london-stock-exchange/
I placed an order via the ASOS app at 6pm on Thursday evening, by 11am Friday morning the parcel had arrived, sizing was perfect on the 4 items (mixture of brands) 2 for myself and 2 for my partner. All fitted and felt perfect, zero being returned. Happy customers!
Very streamline, pleased to be holding 6,500 shares in this BEAST!
I’ve been thinking about this one the last two days, for quite sometime and I’m also staying put, I’ll sell once it hits 180-200p, It’s making £10 million profit EVERY DAY.
This is going to be one of them shares that slowly starts ticking upwards, and before you know it, everyone’s missed the boat without you even noticing ;)
Perfectly primed for a takeover bid at this valuation, by some Middle Eastern desert oil company ;)
Thought I’d be having an Indian curry to celebrate IAG tonight, just had a Sainsbury’s microwave meal instead, times are rough! x
Some huge buys today!
I’m just about to place an order on the ASOS app for some new t-shirts, was going to order some hoodies and trainers but most are sold out in my size / style, not sure if that’s a good or bad thing!
Anyway, onwards and upwards.
Quite frankly, what a joke!
You’ve got companies like Shein worth “ $90 bn “ and hardly turn a profit, we’re in profit by £3.5bn for one year and it’s gone nowhere, the UK markets are totally undervalued, yet America are seeing all time highs.
I’m not moving a bloody inch until I get my 180-200p
British Airways owner IAG on Thursday more than doubled annual profit as demand continued to rebound from the effects of the Covid pandemic.
Operating profit before exceptional items for the year to December 31 came in at €3.5bn compared with 2022's €1.24bn and the pre-pandemic figure of €3.25bn.
"Demand continues to be robust, with particular strength in leisure travel. We are currently 92% booked for Q1 2024 and 62% booked for H1 2024, ahead of our position last year," IAG said.
Reporting by Frank Prenesti for Sharecast.com
Full year 2023 operating profit before exceptional items of £3,507 million significantly higher than last year and ahead of 2019 (2022: ?1,247 million; 2019*: ?3,253 million)
? Operating margin of 11.9% (2022: 5.4%) delivered by our transformation programme
? Strong free cash flow generation of ?1.3 billion has delivered a strong balance sheet, with net debt to EBITDA before exceptional items of 1.7 times (2022: 3.1 times), below our target of 1.8 times over the cycle
Can’t see any info on dividend, but not too bothered.