Member Info for Garydav2

Just read this :
Just eight countries are set to feature on the government’s “green list” when restrictions on non-essential travel are lifted next month, new modelling suggests.

The government is expected to introduce a traffic light system when the universal ban on foreign holidays is lifted on May 17.

Israel, Iceland, the US, Australia, New Zealand, the British overseas territory of Gibraltar, Malta and Iceland are likely to among the nations and territories on the safe list.

Presumably the US is important for RR?

I wouldnt worry. All the other exchanges are traded differently. Seen it with other shares and American ADR'S. Only think we should be looking at is the London price. This share is being heavily shorted but eventually the tide will change we hope

Exactly which is why I'm not listending to your opinion : ))

Exapt a bit of a one sided view there! The worlds economies need travel and tourism. The vaccines will start to take effect, testing is far better and both of these will evolve and be able to be updated and cheaper respectively over time. The richer economies will be 1st and the rest of the world will catch up.....

Well not a good day if you are a trader. But looking at the chart it tends to move violently both ways. So a couple of 20 to 30p moves in last 6 months off lows. One to hold and maybe average down at this level. GLA

Price is all over the place. Cant even hold a 1p rise??!!

Is the crap share ever going to go up!! Went to 109.88 this morning only to slide right back again. Cant hold a rise??

You said ROO was a shorters dream and to sell on a recent post?

Paddy how have I missed the boat exactly?? If I choose to invest I have plenty of time to get in under a pound ....

Dont forget the £800M debt oh and the contracts and pipeline wont be as great now....

Of course but there is a move to be played out here 1st. With shorts increasing I believe there is a drop to come yet and capitulation then I will jump in. Of course it could go the other way but that's fine by me. Just see risk to downside 1st

No I dont.

Paddy you look through such rose tinted spectacles!! The market hates uncertainty. The results will be key and I think the cash on the balance sheet will be reducing. The forward outlook and threat of fine are huge. Also reputational damage, don't underestimate that .....

Petrofac need the money!

The sale of that business is a red flag Paddy....
Starting to sale off the family jewels. Loss of access to a huge market, threat of SFO fine, order backlog down, Shorts increasing. Good luck

CHRIS5 hardly starting to see a rise. SP is just above all time lows and is being held here. Yes if good news it goes up. Bad news it tanks.

Selling off parts of the business and reporting late seems like they might be gearing up to pay a fine .

Paddy I think they are due a bad day sorry to say. May present an opportunity to holders and traders. The price has held 90 despite dropping to 91 and 92 in the last week. Today price was weak so dont be surprised to see a push down here by shorters.....

Into the 80s tomorrow?? .....

Yeah but they will get a fine. And with losing access to 30% of their markets it's a big hit to take. If they start to dip into their cash reserves then the debt ratio will rise