RE: Rishi Sunak first big name to declare he will stand to be Tory leader and Prime Minister10 Jul 2022 12:52
@leas
Agree with your points, and were it not that I already have a considerable position in RR, I too would be taking greater advantage of the recent depressed sp. Over the dozen or so years of my holding, the fluctuations in the price have been greatly mitigated by the generous dividend - and have encouraged me to ride-out the many of the dips. I fundamentally believe that diversification is necessary for a sound investment strategy, and so for the last couple of years I've used spare cash to top-up on other holdings where the benefits appear to be more obvious, whether by tangible growth or attractive distributions. I've also had to 'rescue' a few holdings by improving my average. I've mostly finished finessing my portfolio for the short-term, so I will be keeping a closer eye on RR on the run-up to results and FLRAA announcement, both of which I believe will be significant and positive. As you may have guessed, I'm also a LTH of BAE Systems and very happy with my stake, despite the good fortune being at the expense of suffering. Defence is unfortunately a necessary 'evil'. The Tempest is looking excellent!
Regarding the usual daily onslaught of ill-conceived, ill-constructed, ill-spelt and delusional English mangling tripe we are subjected to on this and other LSE message boards - treat it as what it is - ignorant noise. It's fine for breaking the monotony of slow days and leaves no hangover ;-)