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All NHS trusts across the country have been told to plan for the ‘possibility’ a vaccine may be available by then. This one is old news sadly.
Now whether any vaccine works or is taken up by enough people to work (government’s own estimates suggest 40% wouldn’t take it) is another thing!
https://www.theguardian.com/world/2020/sep/24/close-to-100-accuracy-airport-enlists-sniffer-dogs-to-test-for-covid-19
Already use dogs for drugs this would be a logical step forward, with accuracy like this it’s as good as you will get and you would just test passengers who fail the sniffer dog test.
IMO trying to time more shorts and avoid missing out on the rise is becoming increasingly dodgy.
https://www.travelweekly.co.uk/articles/387902/british-airways-to-resume-host-of-services-in-october
If this insider information isn't enough to get people on board now for the medium term I don't know what is. Either RT003 is very sick and enjoys giving out false information (can't understand why that would be the case, nothing to gain at all) or this is an amazing bit of information to be given for free. To me the AZ vaccine has always looked the most promising and it will be too late to buy into this once the news drops officially.
If you're wrong RT003 I'm going to send the mafia round though, have just bought in off the back of your knowledge!
Given that our current government seems to use the BBC to test public opinion I think this article is very important:-
https://www.bbc.co.uk/news/health-54228649
They are testing public opinion for essentially getting on with our lives. Some newspapers have been commenting that Sweden was rather quietly removed from the quarantine list last Thursday and that they have had no Covid related deaths recorded for the last week.
It sounds like the cabinet is divided and realise we can’t afford anymore lockdown restrictions - I.E we have to start getting back to life as normal.
For me this is a definite long term hold now I think the politics of all of this are about to change significantly in the UK.
Re any possible RI, I wouldn’t guarantee share price will fall immediately up to the RI. Don’t forget that most institutional investors (and PIs if they have sense) have a vested interest in driving the share price as high as possible before the Ex date. This ensures minimal dilution as fewer new shares need to be issued. Over at IAG the share price did quite nicely just prior to the RI and has only started tanking after it.
Be careful in saying no one will want to buy this share after an RI is announced if IAG is anything to go by.
@thegame316
How will an equity raise lead to the price going up in the short term? It’s my understanding that when any equity is raised existing shareholders are diluted and so the share price will go down?
If the equity raise adds value, I.E is used to pay for new acquisitions etc I could see a rise after that. This one is just being done so RR can survive though, isn’t it?
Am I missing something?
Ok, we’ll at least I can be happy I tried to reason with you Gaz. I’ll leave you to it then, you’re clearly one of those people who feels they are always right, and have no need to change, even when someone is good enough to point out exactly what it is about you that’s annoying people.
I may not be making as much as you, I may be making more, who knows. One thing I take a lot of satisfaction with though is I can interact on an internet forum without winding everyone up. You certainly don’t come across as professional at all, if anything slightly childish tbh.
Gaz,
As someone that has sat on the side watching your many posts may I offer some perspective. I don’t think anyone has any issue with you offering advice. May I advise a bit of humility and understanding are what’s required. Like you, I’m happy to short this share but (I’m sure like you unless you have a magical crystal ball) I’ll make on some shorts and lose on others.
What I won’t do is constantly rub my winnings (#winning I believe you say) in the faces of people who may have gone long and don’t want to sell and crystallise what may be big losses.
I’m 100% certain you don’t win every short you make, so maybe just try and be a bit more empathetic.
Apologies if you don’t like that but feel that’s all that is required here.
I do agree that there’s no good financial reason to be holding these longer term at the moment, they are going to drop a lot more so why not buy them then? That said I won’t constantly shout this opinion at people on here multiple times each day.
A bit of posturing or genuine?
https://www.travelweekly.co.uk/articles/385972/ba-can-survive-only-with-government-support
I’ve been doing quite well buying this at £2.17-£2.19 and selling between £2.27-£2.30 every few days now. I feel this share might stay in this range for a while now so will keep doing this! Better than staying static for a bit in my opinion.
RR makes most of its money from its civil aviation arm. Within this, each engine it sells makes a loss, they only make money based on engine hours flown. As a result, there is a disproportionate effect on their finances as a result of the complete grounding of aircraft through the lockdown.
Approx £1.5b of the loss was down to a hedging loss on the US $, IAG also did this in Q2. Their share price now is based on being back in profit H2 2021. The bad news is priced in at this price.
There will be no huge rise but when you look at where it has fallen from, if you keep this share for 5 years you will be quids in.
I’m not planning to retire for 20 years yet so this works for me. If you’re looking for shorter returns I agree, they look a bit more ropey..
Of that I’ve no doubt.
Because having lost £5.5b (most through hedging adjustments etc) their share price is unbelievably cheap and they will bounce back over time as the industry recovers? To me this is much lower risk than investing in any one airline.
You don’t make money buying shares that are already high do you, you make money with calculated risks and there aren’t many engine manufacturers about other than GE that really compete with RR.
Or do you imagine a world with no aircraft in 3-5 years time?
https://www.rolls-royce.com/media/press-releases/2020/27-08-2020-rr-holdings-plc-2020-half-year-results.aspx
They also have a webinar on the H1 2020 results which is well worth a watch. It’s a case of burying most of the bad news in the one half I’d say.
The resolutions for approval at the meeting allow the directors to raise money by issuing ‘up to’ 27.5 billion shares at a price of 0.10 EUR each. There is (unless I missed it in resolution 15) nothing to allow them to vary the price of the shares within the RI proposal being voted on.
Could you quote what I’ve missed from the list of resolutions?