RE: RE: L28 Feb 2021 23:39
We are where we are and its not going to move much until we are through the vaccine stage.
This share as always done its own thing, other than 9/11, the crash in 2009 and now !!! it moves with the market sentiment.
Iv seen it go down even when they've obtained major orders within the week of a Paris Air show, iv seen it hit 10.00 when RR had engine issues and fraud charges.
Over the last year its had its spikes, the last one when the first vaccine was passed, but I can't see any further spikes, and I can't see this getting to 0.50, I think we will see between 1.25 and 1.50 this year, and I'd like to see it rise a few points instead of losing 1 or 2 points each week, but like I said I don't think it will move much until summer.
RR have realised that they need a more balanced profit revenew and are moving towards that goal.