The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
If it gets sub prime and right issue, the company will be on verge of collapsing
Toff.............."Many on this board were short term trading in the expectation of making a fast buck. So unless they used stop losses they’ve now become long term investors"............don't judge everyone else by your own standards.
We'll have to see. I don't think there will be anything definitive from the company yet. Suspect that in this 'phoney war' period the SP will just drift lower, especially with threats of a 'second wave' which will harm the company further by delaying recovery in the airline industry
Be surprised if it is much lower tomorrow. The potential RI has been stated numerous times in the media - It couldn’t be more transparent that they are considering financing options but some seem to think the SP will tank each time you print the same story?! Personally I’m pleasantly surprised it’s this cheap as I plan to gather and hold for the long term.
i reckon sub 100 p in line with JP morgan 80p
Its highly unlikely that the gov will allow RR to fail, so eventually after this corona panic is over in 1-2 years and flights are back to normal, RR will come good. However, short term, not sure how many hits the price will take. Tomorrow may very well be a blood bath.
“RE: Up or down on Monday?Today 22:33
Good post, Toff. Be careful on here, a lot of people with choice-supportive bias. They’ll bite your head right off if you don’t toe the party line!“
Absolutely
So much emotion here. So much confirmation bias. A hopium den where people buy shares “because they’re cheap” then boast that they’ve “lowered their average” when it inevitably goes against them and anyone who dare says anything negative but rational gets hopium addicts on their case
Good post, Toff. Be careful on here, a lot of people with choice-supportive bias. They’ll bite your head right off if you don’t toe the party line!
Toff,
This doesn't matter , because over the long run, most of the decent stocks, specially from an iconic brand as RR will recover to new highs .
When business was good (only 12 months ago ) RR share price was around £8 , so it means that it is not the company, but it is the circumstances that has changed, and when the conditions change back, then the SP will rise again.
Check out many companies that almost crashed in March , and came back and more when the conditions improved.
For RR these conditions will come back - for absolutely sure- when travel goes back to normal
These are exceptional times, and any one with insight can see that
It is only the dormers & Media who are panicking, because they cant see through it.
“Longterm is loser’s solace - longterm is self denial and self delusion when a trade goes wrong. I see it all the time on these boards - quoted as though longterm is a panacea for every failed trade”
This is a hopium den lol
Roydon
“Most of the people here are holding for medium term (3 - 5 years)”
Not because they want to - they’re holding because their initial investment has been decimated and to sell now would incur heavy losses.
Many on this board were short term trading in the expectation of making a fast buck. So unless they used stop losses they’ve now become long term investors.
They’re holding and hoping. Waving a magic wand by the name of ‘longterm’ which will make all their losses evaporate.
From swing trader to long term investor - unintentional long term holders - reluctant long term holders. And to consolidate their long term investment they’re going to have to cough up 70 percent of the value of their holding or lose 70 percent of their stock.
And that’s why 80 percent of people on these boards disappear within a year never to be seen again - that’s the life expectancy of a share trading loser..
Toff
Most of the people here are holding for medium term (3 - 5 years)
So, tomorrow, next week , next month etc... doesn't have any significant effect.
Just hold , and leave it for 3 - 5 years, and you will double your money
Simples
If you can double your money (without really any stress) every 5 years, then you are doing very well (20% a year)
GLA
I will just hold, don't do nothing on Monday, maybe even the whole week.
Going up tomorrow, getting a Sovereign Fund onboard is a massive deal and it won't be cheap.
Could go either way. If it does fall maybe another opportunity to top up? Or best to wait for early October?
The markets knew this was coming hence the sell off last week but no doubt this will knock another 5% off tomorrow. Should have seen this coming after IAG :-(
@ToffAppleton1 Enjoy your moment. Its ridiculous as you are making it sound like people wont fly again or people wont go to the cinema again. Wait and see how the christmas will go. Trust so much will change in coming months including ofcourse lots of ups and downs. But all will be okay at the end. You act like coronavirus effect will be around forever. Infections are going up but not fatalities. Even flu is still a seasonal disease, I think Coronavirus will either become season and avoidable with a vaccine like flu or people will get on with their lives with our without the virus.
You must be deluded to think people will still be scared of COVID by this time next year, things will change, its just a very bad time now, it will get better in future.
Dtrade
“you are trying to spread fear to the wrong set of people here pal.”
I’m only expressing views based on Rolls’ precarious finances; it was never my intention to instill fear into shareholders.
But it should be remembered share trading is fraught with fear - and few things create more fear than rights issues - especially ones which intend to raise about £1.30 from every share in existence.
That’s a good reason to be fearful...
Toff
I hate to say it chaps, Toff comes over a bit arrogant but I think he is talking sense. Investors here should take note. Its always easier to be objective when you don't have a holding, because when you do you look for every excuse why the **** isn't going to hit the fan. Which doesn't stop the hitting taking place.
@ToffAppleton1 - You're right of course that thinking everything will come good in the long term is a false assumption.........but don't give tin pot examples like Superdry........how about quoting bigger concerns like BT for example.....whose share price has fallen 80% over the last 5 years.......and without a pandemic as an excuse.
Well, you are free to see it as you deem fit, but history does have a way of repeating itself. This crash is caused by a pandemic, except you are telling me that RR will go bust, then there is nothing to talk about the SP. It can climb up as fast as it goes down, that is why it has been called a volatile market. I remember the last rally was from 235 to 464 in June, these are very familiar patterns, you are trying to spread fear to the wrong set of people here pal.
You make it sound like people will never travel again, or aeroplanes will never fly again! Wait and see when a vaccine gets announced, wait and see how the market and people react.
Dtrade
“Cineworld did over 150% in a day like that, several others too.”
You’re not only using ‘longterm fallacy’ to convince yourself your losing trade will come good, you’re also using ‘hindsight bias’ to dish out examples using selective timeframes.
What hope is there for you that you won’t lose your shirt share trading?
I’d say absolutely none.
Cineworld was over £3 fifteen months ago - it’s 46p now. Using hindsight to stipulate trades serves no purpose at all, other than delude a dull mind that there’s hope where there isn’t any...
Toff
You obviously do not know what you are talking about - Rolls Royce will have a supreme hard bounce like it did in 2008/2009 - this always happens, even if the share price goes to 2P - it will still be 500/600 long term. 100% no doubt, I have seen every shares travel over 150% in these situations. Cineworld did over 150% in a day like that, several others too. Do not use the short term situation to spell doom for investors.
Andy
“So you personally don’t see any value in the RR share? Even longer term?”
Beware of being sucked into the false assumption that everything will come good in the longterm.
Longterm can see shares lose 90 percent of their value or more. Superdry - the retailer- once traded @£20 now it’s about £1.40. I could give you scores of examples of longterm investment disasters.
Longterm is loser’s solace - longterm is self denial and self delusion when a trade goes wrong. I see it all the time on these boards - quoted as though longterm is a panacea for every failed trade.
You’ve got to remember shareprices fluctuate a hell of a lot. Rolls has been sub £1 in the past - and it looks like it could revisit that level.
The smart money will buy Rolls if it can survive the next several months, and the coronavirus disappears; now isn’t t the time to buy - you’d be buying into a wall of worry and sleepless nights.
Toff
@ToffAppleton1 - you seem to think that the financial position of RR will come as a shock to the markets on Monday.....even though their position has been transparent to all and sundry for a while now.
You're rarely wrong?.......well if your clairvoyant powers are that great why bother spending time on forums such as this?