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I personally think it's going to be some time till this share the s £3+,day trade till then or wait for Long term
The average Joe only thinks of money mayweather driving their cars.
" I tend to agree the market is currently a bit harsh at valuing RR?"
Deelarra,
I think for many companies the market isnt valuing the company against much except sentiment and revenue/earnings /debt guesswork, right now..the market doesnt care about NAV, asset values or anything like that at all.. ..same with Shell ...Both Shell and RR have made good leadership decisions to deal with the problems they face ..but the market is taking a risk valuation in terms of what the earnings/revenues and dividend loss..or even the risk of having to sell assets below book value. The dividend was a big influence on the share price.
The last few years where the annual results has seen a bottom line loss, that has eroded the equity value down and this year will no doubt do that too...
The return of contracts and orders will come..but..the balance sheet will not be the same as it was before this covid crisis began...
260p has held well..with drops below that being bought up....I did buy some under 260p , but..I would be suprised if there was any real break through with anything during August...just more fear/hope seesawing until September..IMO
Sounds like there needs to be more money spent on cyber security as much as it may be needed in physical defence
I reckon even covid is being used as a "weapon" even as we speak...very easy to spread it and create a lockdown/economical issue within your enemies territory without much cost or cause for alarm that you will be traced ...
Superb entry levels for such a company...Q3 Q4 markets will get realigned and once COVID cure is available will be boom time again in the sector.Well worth holding and watching it grow over a longer term.
https://www.fool.co.uk/investing/2020/07/04/is-it-time-to-pile-into-the-rolls-royce-share-price/
Pokerchips #. Lol. Typo
Hi Poker hips, good balanced post there but our friends at Motley Fool ( stop laughing ) suggests that the Defence business alone is worth this current valuation? What's your opinion on that, I tend to agree the market is currently a bit harsh at valuing RR?
H1 results - 27 August 2020 so it is all about whether the SP reflects the balance sheet and earnings figure released then - or whether the "fears" and "hopes" are misaligning the current share price sentiment one way or the other ...the trading range tells its own story , for now...
The City sees a lot of "external factors" out there - which there are, of course and so for now the price is lower until some of those risks clear - and it depends on how long you think that may take.... take a "hope" story from one day or a "fear" story from the next ..and take a view ..vaccine "hope" story or virus spreading rapidly "fear" story across US and Asia etc , all within 24/48 hours
I wouldnt put Power Systems in the "all clear" category - recent RNS have detailed that they have been effected, but to a lesser extent to Civil Aerospace/ITP Aero of course
" Our Power Systems business and ITP Aero are currently developing, negotiating and executing extensive measures to deal with the current situation" - 20th May RNS
"Power Systems business experienced varying levels of COVID-19 related disruption and utilisation with low double-digit percentage revenue decline compared to the prior year period. Our customers in industrial markets were the most impacted by lower activity levels, particularly those with exposure to oil & gas and mining. PowerGen activity also slowed down in the second quarter, most notably in the US. - RNS - 9th July
Pays ya money, makes ya choice as to the risk level you want a share price buy to have associated with it
Totally agree
Civil airspace
Defence
Marine
Land power systems
Nuclear Power systems
So much more to the company that a lot of people just don’t realise and what will take us up, just like you say unfortunate And seems the SP is being held by the worlds civil news atm
Unfortunately Rolls other business diversication isn't being factored into the sp.
It's defense business and R&D research isn't being counter weighted by the temporary downturn on its aero engine maintenance loses.
I'm a long term investor in Rolls, my average price is eyewatering at current price, BUT I'm happy to hold my investment (and nerves)
Definitely think these are stuck in this 250-275 until some big move either news, trading update or institutions push it either way. I’m in LT but don’t see any reason for it to breakout unless they show solid financial progress, not forecasted without a vaccine.
Come on RR get your but back to £3 and you can hover around that for a while for all I care.