Sunday thoughts11 Dec 2022 10:50
Morning all, should be a good couple of weeks ahead, the negativity from investors seems to have died. We have seen it down to mid 60s at its lowest, 70, due to a re-rate, 80s with shorters dipping in and out and now mid 90s as new partnerships with BAE and others on future projects worth billions come to light.
Just need to see data on flying hours for all RR engines that are in the sky to demonstrate very positive year end results, The New year should cheer us up even more, doesn’t take much more for major investors to return to RR