Member Info for Grayling

I agree that job losses are the main driver for today's rise at BAE and that is sad. However, this is all based on forward projection of typhoon sales and these may well pick up and alleviate the cuts. I sincerely hope that the changes at RR do not impact the workforce terribly in Derby.

Good job holdings elsewhere in this sector are doing better today. BAE is up almost 8%. Another great British company!

Oh well, having followed the bloodbath this am my finger was hovering over buy a couple of times late morning and then it dipped to 512p so I doubled up my holding and averaged down. Lets see how it goes over the next couple of weeks or so.

Sorry, I cannot actually hear anything of value.

Do you actually read posts? I was not in any way comparing RR to RMG as a business, but rather stated that workers at such companies can tend to be over reliant on that single investment due to long term employment coupled with incentive schemes. I knew several people who had vastly unbalanced exposure to banking shares due to having worked long term for RBS and accumulating equity over 20 years. In truth they would have been better off with a more balanced portfolio. Same goes for RMG where, for a lot of employees, this will be their only investment in equities to date.

Site is playing silly b*****s again so apologies for duplicate post.

Hardly! I have been investing since the early 90s, just not in RR. I have done very nicely over the years and by just keeping an eye on developments and gently trading in and out one can smooth out most of the bumps. The dividend is the red line for me so no divi = SELL. I worry about employees (or their relatives) who tend towards very overweight in a single company stock. It happened with the banks and could also be the case with RMG. I hope your holding in RR is not similarly positioned and that you have other options. Good luck to all who hold I say and each to their own :-)

Hardly! I have been investing since the early 90s, just not in RR. I have done very nicely over the years and by just keeping an eye on developments and gently trading in and out one can smooth out most of the bumps. The dividend is the red line for me so no divi = SELL. I worry about employees (or their relatives) who tend towards very overweight in a single company stock. It happened with the banks and could also be the case with RMG. I hope your holding in RR is not similarly positioned and that you have other options. Good luck to all who hold I say and each to their own :-)

Well so much for East as the "great Communicator". personally I do not think that unleashing another profits warning and triggering a near 20% drop in the SP reflects a great improvement in the way that RR communicates with the market. I am not panicking yet but will not add. Thankfully this is only one of 30 odd shares in my portfolio and constitutes a minor fraction of my total wad. However, if they suspend the dividend I am out, as there are far better places to put the money while this takes the next 1-5 years to recover.

I have been around these boards long enough to be suspicious of posters who are seemingly "in the know" and post negative comments about a company without giving any underlying reason. I appreciate Clarkgriswold's subsequent comments and accept that he was not posting in order to de-ramp. By no means am I trying to stifle discussion or suppress other opinions. As a long term holder of shares (though not in RR, as I only bought recently) in general, I am confident this will recover.

Well somebody always has to drag things down: Moody's has changed AstraZeneca's outlook to negative from stable citing a changing cash flow to debt ratio as a result of investments.

Well either the drop reflects panic/apprehension at the possibility that Thursdays update will be bad or somebody has leaked out the bad news in advance. Certainly comments like those posted by Clarkgriswold are not helpful and could be interpreted by the FCA as tantamount to false or misleading and therefore constitute market abuse. If I worked for RR this is the last place I would be posting that kind of speculation.

So what suddenly happened at 1.30pm today to cause a slump of almost 2% in the SP?

06-Nov-15 JP Morgan Cazenove Underweight - 630.00 Reiteration Lets hope not! At least they have been consistently negative on RR :-)

Well after receiving reassurances from Halifax that the arcane way that RR reward their shareholders is fully accommodated within their stocks and shares ISA dividend reinvestment option (having been told the opposite 12 months earlier!) the C shares have now arrived in my account. I am now waiting for a promised Email asking me to indicate my preference for cash or more RR ordinary shares at no cost to me. Well pleased with progress since buying in and looking forward to many years of income and potentially a capital gain as well. Just for the record I have only 1 house and the wife gets to drive the Audi while I have a clapped out Renault Clio. Does this put me beyond the pale, assets wise?

Third quarter results out this morning at 7am. Maybe they are good and that has pushed them up a tad.

Does not seem to have affected sentiment? Perhaps the update was so positive as to negate the negative news on the settlement in the USA. How long is the payment period as well? If it is staggered over a number of years (a la BP) it may not have such a great impact.

Take a look at the 6 month chart on here. Tells you all you need to know. Going nowhere fast. Plus look at the spike between 7th July and the Zurich announcement on the 28th of that month. It went from 391p up to 452p on no news. Somebody knew something and acted on it to make a killing, I thought that was illegal?

http://www.iii.co.uk/news-opinion/trends-and-targets/trends-and-targets-29102015

Apologies for repetition but posting generated error message so tried again!