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what a disaster this share is, any one that been around a long time will see the same pattern, share gets pumped, mates and owners get out, then it falls back loads, happens time and time again. They have used the weak monitoring on UK markets to get listed, why is it that little or no company infrastructure is in UK, staff are almost all in North America, Canada and Switz. They have zero interest in what UK shareholders may think, they are not even in the UK- its about making the company more valuable so the owners can exit with a big profit.
After 2 months out of this share I am back in.. personally I feel the Ecuador election on 7th Feb will the key to this share and not much will happen until a stable outcome has been delivered..no silly new manifesto pledges that may affect mining or ownership.
FTSE100 having a good day, lots of positivity but also the way its weighted mean when certain shares do well, they have a disproportionately big impact, Astrazeneca is 7.4% of the FTSE100 and the fact they are up over 4% today has a big impact, Glaxo 3% of FTSE, Unliver 3% etc. Some of the smaller companies of the FTSE100 are worth less than 0.5% of the weighting so even if they have a shocker, has llimited impact. Point being, FTSE is up, influenced heavily today by just a few heavyweight companies.
TimV - you should know better, don't dignify their foolish, provocative comments by replying and using the title again. Best filter the known handful of idiots who have nothing in their lonely lives other than spending hours on here posting cut and pasted clippings, for a moment just consider what it must be like trawling the internet looking for doom stories for hours, and making up the rest. Anyway, I am off to build snowmen now with the kids, found a sledge as well in the garage. Hot chocolate in the flasks and hot pain au chocs.
TimV - the market is open on Monday 4th which is not a bank holiday.
Next week we will see more traffic through the market and more accurate reflection of RR outlook, personally, its my largest holding as the bouncebackability is massive - huge stored up demand for holidays/flights into an already full summer following people switching 2020 hols into 2021 means massive volume of flights - good for RR who get paid by the number of hours engine are flying. Easyjet. Cashflow improvements in 2021, a leaner firm after reducing headcount by c10k, Ryanair and others launching their schedules and advertising, vaccine roll outs, AZN approval and up to 7 others scheduled to report results by end of March 21, others later in the year, Brexit sorted and approved by EU ambassadors yesterday with full approval a formality in early Jan, RR being fundamental to UK national security means key divisions WILL always be backed by HMGovt, etc etc. there will be a couple months of volatility until at least the 60+ age group inclusive have been offered a vaccine, likely to take until March, so likely more lockdowns, BUT there is a path out of this pandemic now - gradual easing from Spring leading to a massive summer for the economy and RR. Bring it on.
Very low volumes as expected so don’t read too much into price today. Good to see rise but not a lot of volume as usual this week, better reflection will be next week, should also have the AZN vaccine approved by then as well.
Fox - just filter it. Some people are bored and thrive on peddling doom, don’t give them the satisfaction of acknowledging it. There’s a few on here that do it on other boards as well. Just filter them and you won’t see their posts.
Wow what a few days, trump signs US stimulus plan, AstraZeneca about to given green light - by end of week, Brexit signed off by EU ambassadors today, massive stores up demand from consumers wanting a holiday, holiday prices thru the roof next summer with the massive bookings, some rolled over from 2020 and huge demand, Ryanair and EasyJet just launching massive cheap flights schedules. Looking amazing for RR next few months. Oh, US dow Jones having good day as well, back above the symbolic 30,000. Should be £1.45 by end of week.
Will be massive for this share, once that huge demand for holidays re starts the price will fly! Next 2-3 months will be volatile but once majority of people vaccinated then rules will be Relaxed, they have plenty of cash to get thru next year. Will be over £2 by March
The upside potential here is obvious, we all know that. Yes there may be some short term falls - thats what shares do - but I'm not looking to spend the money I have in RR anytime soon, its in my SIPP and ISA. So if you don't need this money anytime soon, leave it and only have an occasional look.
Facts are, this company is vital to the UK government and national security. Forget what some of these idiots on here are saying about doomsday, don't be naive and try to convince them otherwise, they have other agenda's, are bored, perhaps lonely, just block them, there are plenty of reasonable, rational comments to give you some flavour of what's going on. This time last year, the market news flow was all about China / US trade tariff wars affecting the world economy, Russia forcing down the oil price to hurt US shale oil producers and falling out with Saudi Arabia. Better times will return. Put your shares to bed for a while, this may get worse before it gets better but don't worry!.
LSE - so what you're saying is "no idea whatsoever", may go up may go down. Whats new? Looks like you need to go have a cup of tea with all that negativity you have...open the curtains, its sunny today :)
Still a strong buy for me, bookmakers have odds of 3/7 to sign a trade deal in 2020, they are not wrong very often. Quoting Betfair, 13/7 NOT to get a deal. A £70 bet, would get £30 profit on a deal by end of December, £130 profit without a deal by end of December. Says it all. Biden, US Stimulus on way, AZN vaccine approval. Going one way only.... UP
In my experience, RR have some amazing, loyal staff. However, they also have a lot of staff - maybe Bertram who have been there a long time, cynical and don't want change, are fed up and want it like the old days when they had long lunches, all very cushy and nice. I have experienced some staff - if the part they need is in another site, or not in the store, they are happy to just around for the rest of the shift doing nothing. Rather than use initiative, go and get it or do something else. Also, the changes to sick pay and holiday pay had really annoyed a lot of them. Not being paid shift allowance when on holiday for example. I know staff on 45-60k when a similar job elsewhere would pay 25k, they know it as well. Bertram is just fighting his corner, fair enough but it needs to change.