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''This morning we announced our Q1 financial results for 2024, where we delivered an operating profit of £22m, an increase of £8m compared with the first quarter of 2023 and flew 93% of our 2019 capacity''.
423p was the highest weekly close in nearly 9 years.
It ain't all bad.
I could Spring for a Trampoline (pardon the pun) if that helps.
Well today was closer to a 20p drop..but to get to the magical £7 it will be based on larger jumps, AGM, Divis announced, results, each of these could well see near 5-10% increase..then SMR etc as already mentioned below by someone. Many ways to jump to the £7.
This now changes the %’s we need each day, taking compounding into consideration, to reach the magical £7 come February…….
10p up or down is neither here or there..nothing to see here unless you're trying to trade RR. The biggest gains in the future are going to be H1 results in August and news on divi payments...£6 this time next year...I'm more than happy waiting.
Yep great week .shame.usa market dragging us down today .we have all.been here before . Hopefully we will brush it off over the weekend and carry on upwards again monday .
Again lolol.
I agree Robdom, but it's like going out on the drink and having a great night, then scoring with a lush Lady, then waking up with a horror.
Great week though!
Jesus, what a naff rr day todays been, what happened, have all the planes been grounded and coal making a come back jeeezzz.
And then some, a very very poor day...after 11am
£4.2x finish will be lucky
I have just looked as well, well back down we go yet againnnnn.
Jesus, I have just looked ..427, what the f...
Bugger, ihoped 4.30 was the new base
I get why posts here are usually positive - making substantial profits myself... As an ex-RR employee I know there is a lot more tech guidance available in the public domain. Would be good to see some of that real information from those that know - good, bad or indifferent. Progress or negative comment on engine reliability issues in 'hot sands' would be helpful.
[day traders are a pain in terms of interpreting underlying rise or fall each day!].
Totally Concur Cornish Pete will rise into the close of play, am always over optimistic it's had a sniff at £4.40+ would happily settle for that or your £4.38, the least it needs to do is hopefully finish above the all time high for good !!!!!! and set new ones going into the coming days,weeks,months and years, which Rolls Royce is certainly most capable of achieving.
Now going to enjoy the good weather and have a Parkgate Ice Cream (Nicholls has been making them for 75 plus years) and enjoy the wonderful views of the Dee Estuary, and the Welsh Hills in the background.
Typical trend now; increases well then falls into red. Right now its time to buy as it will go back up to a reasonable level. Ideal for shorters.
Badland, if you watch, any rise above about 1.2% sees a reaction drop of about 10p (Guessing day traders sell off once the 1% increase is hit)..but we are still gaining LT
I reckon if it follows yesterday's pattern it will finish around 4.38.
Such a shame that we now expect a drop, loved to know the how and why, as it goes up because of positive news / orders / Suns shinning, but why the drops.
Must short airbus as well that's gone red at circa the same time.
Enjoy ye Ice Cream Dazza_x, The "Cream" being "Rolls Royce", as Ice just "melts away" ..................
"Dropping !!!!! day traders going early to catch the midday sun and weekend, having loaded up for the weekend."
Let them sell.... they can buy back at a higher price hahahhahha :)
Good weekend all x
Incoming, but it still been a great week of pushing up