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Static
As the covid19 situation is currently evolving and it is an unknown thing with not much to compare it too in the past this makes a perfect breeding ground for any news snippets to create volatility and unease in investors but as the Virus shows us all a more predicted path over the coming weeks and months the path ahead will be clearer and thus the SP more stable and long term it will settle down I have no doubt
Richtomo
Price went down due to loss of revenue related to covid19 and also fear of going bust or rights issues etc, general fear. And clarity has been given by the company since the ref RNS so with clarity comes a return to the SP rising yes maybe not to previous level in short to medium term but if that is not clear to you then I suggest this game ain't for you mate
Richtomo.
Of course debt requires servicing but before covid19 and Trent 1000 issues which will both diminish over the next year the price was £9-10 so a simple way of looking at it would be a simple mark down for that so what you reckon £6-8 instead we'll that's a long way up from here and yes flying hours need to return but they will?? What do others think?
I know I'm talking if's and but's here but as flights are picking up well and still a long way back but as these approach a more respectable level and they should within a year IMO then the SP targets will soon shift up. It's all about the flying hours
This ws £9-10 before Trent 1000 issues then it dipped £3 to £6-7. That issue will be history soon in under a year a lot of investors overlooking this I believe. Yes the business has taken a big one off exceptional hit but now operations being downsized and business has cost savings and less liabilities going forward and flights are picking up nicely now and with every day a better one on the civil aerospace front the other division s of RR doing well Nuclear and Defence so with a bit of vision which is what investment is all about seems to be a no brainer. £7.1bn cash available so enough to avoid a rights issue type scenario for a few years of which this business should I think become profitable again in 18 months. Big vacuum in engine market due to cancelled orders and scrapped old planes clears the decks for RR superior technology to shine over coming years. Good luck to all.
I wouldn't feel comfortable being short on this right now. It doesn't change much in the grand scheme of things, they probably sold on Monday's peak and the good news is they need to buy back so ammunition aside to push it back up later ( short squeeze ) .
Interesting professor of immunology opinion, let's hope he is right?
https://news.sky.com/story/coronavirus-britain-will-be-virtually-back-to-normal-by-august-says-ex-who-expert-11995654
Falkland Investor, Mick92 is correct the business was getting set up nicely to be profitable before covid19, This virus situation in my opinion will not impact the business more than 2 years when considering business is downsizing its civil aerospace liabilities. They have enough money for 3 years minimum. The flying fleet has been well built in recent years to supply a good revenue income once hours resume, A lot of fat has been trimmed from the company and continues to be done. For those who have vision and are brave when others are fearful they will be handsomely rewarded for their patience. Agree brokers are playing games don't be their sheep!
Mick92. I think Mr East will want to do what is right for shareholders because the large share holders have a seat on the board and I'm sure he's doing all possible to manage finances as robustly as possible and will make good calls at the right time. The things he cannot control :- the length of covid19 impact is the great unknown as you say but simply put society wants to get back to normal so I believe will find a way to do sooner rather than later. Oxford University reckons 80% confident ithe vaccine will work and they are just one of many out there so a good chance I think we'll get something positive on this front within a year.
Imagine in 18 months to 3 years time when flying hours will be back up to pre virus levels and Trent 1000 burden a distant memory and all the cost savings implemented and the new hybrid technology engines coming through this could easily be anything upto £15. Quite easily over £10. A few stars to align but definitely not out of the question.