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Rocky
« this will be 600 plus in under 9 months »
If you really believe that sell your house and put the money on Rolls. Things are going to get a whole lot worse before they get better. I hope you’ve put some money aside for the rights issue. Talking about a recovery now is premature to say the least. When you bought in at £6 you probably bought in because someone gave you the same advice as you’re dishing out now. What this board wouldn’t give for a one-eyed man.
Toff
Do you agree or disagree, though?
SenorToro: The usual Doom & Gloom story
It is like listening to a Broken Record
Booooooooooooooooring
zzzzzZZZZZZZZzzzzzz
With winter setting in, colds and flus doing the rounds, testing massively overstretched and delayed results, covid R rate around 1.5 in the UK, more people mixing indoors, universities back, schools back, families indoors. Who can really see air travel being strong this winter? With office workers now told to work from home again, business travel has been limited/squashed as well. So, we may see a bottomming around Nov/Dec, before things start to trade in anticipation of a pick up in Spring/Summer and easing of respiratory illnesses. Though, if first quarter figures for 21 are awful, expect this to stay down for a long time.
this will be 600 plus in under 9 months the market doesn't need to fully recover for sentiment and risk appetitive to recover and look at 08 09 and 2010 chart recoveries
A five year plan - does that include a Rights Issue soon?
I'm one of those who thouhgt RR would pull back from what was then a value share @ around £2.40 average, seeing a build a month ago came in and now standing on a £2.31 average and a paper loss of -36%.
I'd consider this a 5 year turnaround with a hope of north of £3.00 and I'd take a 6% gain per annum over the next 5, although to get there at what is now a 100% increase is stretching my even my positive imagination...
Thoughts on 5yr point ?
Company is short of money as second wave has delayed any recovery of international travel and that does not bode well for this company.Right now wait and see.Company left it too late may be it was hoping to see a growth in international travel to benefit from.
My prediction rights issue at £1.7-£2.0. 100p this is what the media, hedge funds short-sellers JPM scumbags would love to get. If this happens then fill your boots at 100p. VERY VERY cheap at these prices, STRONG BUY!
only for price to come right back down? Hmm, not sure I agree.
@shami89: that's about right, imho. Lots of gamblers trapped in this stock atm.
This was a classic short squeeze! Only £12m was traded on Friday and price shot up over 20%. Now if you have £200m of short-seller exiting all at the same time, this would create a massive short squeeze and the price will do not +20-30% but +70-100%
We have to wait until 1 October as company would inform us about right issue, my prediction is rights issue about 100 plus or minus 10.Looks like they have got pretty much every thing lined up and everyone knows what is score apart from private investors, those of us who knew the score have decided to wait until refinancing is sorted, some got in before all this fiasco but a few traders got in to make a quick 5 or 10% and are sitting on 10/20/30% losses.
Yawn ... really could you point us ll to the trade then were they "exited"
The utter tosh that is coming out of all the derampers on this site is unbelievable
Maybe do not expect to see 170 again for a long time.