Member Info for Happyzone

As much as I hate to say it, Kew is right, this will drop, though where to who knows. I normally sell a share after a meteoric rise as the chances are it'll retrace. Having said that, I haven't done so with RR this time as I believe it's turning a corner and long term, it could and should go far.
Remember, no share goes up every day, even RR, but RR looks good long term.

You can set up RNS alerts on investigate.co.uk as a back-up.

Sorry Red, I'm confused.

In one post you say, "they will be really cheap soon under £1 as promised"

Then today you say you topped up 60k?

Please explain your logic...??

I'm happy with today's movement so far, only down 1.90p at the moment. That could happen any day and to be honest, I'm surprised we haven't seen more days like this recently during the jet propelled rise since October. I'm viewing longer term , so dips are part of the game.

https://www.thetimes.co.uk/article/rolls-royce-a-burning-platform-says-new-boss-62fqmr0jf

Kirti12Shah.... marketscreener,com... Well, that;s worrying, "The luxury British vehicle manufacturer". Really...!??! Not sure they know their onions.

Must try riding astride one of those Trent engines to work one day - may need the radio on full volume!!

We already know this, but it reflects the positivity in the sector;

Rolls-Royce took off on the back of Exane BNP Paribas upgrading the engineer from “underperform” to “neutral”. The shares finished the day up 3¼p, or 3 per cent, at 111½p, their highest level in 11 months. Investors also piled into DS Smith on advice from Davy Research, pushing the packaging group’s shares higher by 6½p, or 1.9 per cent, to 358p each.

A bullish note from Liberum on the travel and leisure sector lifted International Consolidated Airlines Group, the British Airways owner, by 4p, or 2.4 per cent, to 166¼p and easyJet by 18p, or 4 per cent, to 468p.

g-r-q

Agreed, and I wouldn't wait for the next £4.60 level, it may or may not happen, but past performance could be an indicator of what the future holds, bearing in mind that the drop wasn't a fault of the company but a blanket drop for the whole of this sector due to covid.

I will bail well before the £4.60 level as greed is the enemy of traders!

Good luck.

We just need some positive news regarding summer holiday bookings from holiday companies.

Remeber, IAG was trading at £4.60 pre-covid and I believe is slowly returning to that level, barring any further pandemics. Recession is likely to be light and inflation back to 2-3% by year end, so all the pointers are good.

Just look at how all the other holiday/travel related stocks are doing... RR, TUI, EZJ, etc...

Best you short it too then Red... ;)

https://www.thetimes.co.uk/article/airline-industry-predicted-to-bounce-back-fully-by-summer-kh735lj8w

Airline industry predicted to bounce back fully by summer

The global airline industry will be back at prepandemic levels by the middle of this year. That is the bullish assessment of Avolon, one of the world’s largest aircraft leasing companies.

The forecast is the most optimistic estimate yet for a recovery in the industry from the Covid-19 travel restrictions of 2020 to 2022.

Avolon is one of the big three aviation leasing companies, renting out 834 aircraft around the world in a market in which such businesses now account for more than half the ownership of the global fleet of jetliners.

It is controlled by a Chinese company listed on the Shenzhen Stock Exchange and it is the recovery of the aviation market in the People’s Republic after the latest coronavirus outbreaks and lockdowns, that is behind the business’s latest predictions.

The industry has generally been warning that the long-tail disruption of the pandemic would not see the airline traffic recover to 2019 levels until 2024 at the earliest and may be delayed until 2025.

In a report 2023 Outlook: Climb to Cruise Avolon states: “The aviation sector is set to thrive in 2023 with global traffic to reach pre-pandemic levels by June.”

Of the delayed recovery in China, it states: “The reopening of the world’s second largest aviation market [behind the US] will drive a rapid uptick in air travel.”

In 2022 globally, the market on average flew 25 per cent to 30 per cent down on 2019 levels.

Avolon predicts that in 2023 for every two flights reinstated around the world one of them will be in Asia.

However, while the demand to fly again is there, it is the ability of airlines to react which is putting the Avolon forecast at risk.

“Demand for travel is no longer the constraint to recovery but airlines’ capacity to put planes in the air,” says the Avolon report.

And the ability of Boeing and Airbus to catch up on their production schedule of new cleaner planes: “Delivery delays have become endemic and an aircraft shortage is emerging given the lost production of 2,400 planes that had been planned but were not built due to the pandemic. As traffic flows rebound, the absence of new aircraft is increasing supply tension.”

Andy Cronin, Avolon’s chief executive, said: “Aviation has demonstrated its resilience and is ready to thrive having come through a pandemic-driven two-thirds drop in traffic.

“Airlines, manufacturers, and lessors share an ecosystem that creates opportunities for all but requires collaboration to overcome key challenges including a higher interest rate environment, limited aircraft availability and the need to make further progress on decarbonisation goals.”

I'm invested here and I'm positive IAG will continue it's recent upward trend in 2023.

However, you're right, the website is shocking. I have turned away from the BA website several times as it is definitely not user friendly or sales generating. They really need a major overhaul of their online services to be on a level with their peers. I genuinely think that this alone would increase turnover.

I used to own an internet design agency, not a small one, so would hope I have some idea of internet related sales.

Carrington - Agreed on SMR development and a Gouvernment decision, but it would be nice if they backed a British company and let them get on with the job, I'd have thought after the past year, the UK would have learnt a lesson from getting its' fingers burnt by foreign controlled energy suppliers.

Not only is UK demand for air travel up, as will hopefully Chinese, but the news of a far less drastic recession than anticipated, low pre-pandemic gas and oil prices and a predicted faster than anticipated fall in inflation, are all good pointers for RR and IAG returning much more positive numbers.

Hargreaves Lansdown. I use them and they're the best I've found so far. Stay away from Barclays.

https://www.thetimes.co.uk/article/britons-rush-to-book-as-air-travel-takes-flight-fpp67wkbq

I've also just gone in on IAG on the basis that air travel is rebounding, Currently 140p, re-pandemic they were in the range 285-495p, so can see plenty of growth potential with them. Ip 36% in the last 6 months, 12% in the last week.

Badland

Let's keep it to hugs then!

Didn't mean to upset anyone, just get a little niggled when people get a little upset with normal share movements.

Onwards & upwards. Have a good evening.

Badland.

Thank you :)

xx

Hey Badland!
I guess that was aimed at me?!
Just common sense really, but hey, some people don't like the truth.
I've posted a few informative posts the last couple of days which have few comments, so I guess some people just look at the red drops, or make stupid comments. Good luck.
BTW, both my mortgages paid off, retired at 45, sit by the pool a lot of the time. :)

Rolls-Royce is flying higher than it has for months after a City broker said the engineer had the “most to gain” from China’s reopening and the bounce back in international air travel.

Analysts at Jefferies, the investment bank, also highlighted other positives for the company in the coming year, including potential credit upgrades and a further recovery in flight hours.

Raising her “hold” recommendation on the shares to “buy”, Chloe Lemarie, of Jefferies, said: “We are confident that the progressive improvement in international traffic, especially in Asia, will represent an order of magnitude greater than such potential adjustments going forward.”

Yesterday the shares rose 5¾p, or 6 per cent, to 98¾p, their highest since April last year.

Rolls-Royce, known for its engines for Boeing and Airbus long-haul aircraft and RAF fighter jets, as well as propulsion systems for the Royal Navy, lost billions of pounds during the grounding of global aviation during the pandemic. However, in November it confirmed that trading for the first nine months of the year was in line to hit the City consensus forecast of £106 million annual pre-tax profit.

Lemarie said Tufan Erginbilgic, 63, the new chief executive, was “well-suited for Rolls at this point, in order to manage the revamp while protecting the cost savings implemented by the prior management team”.

Can't believe some of these comments... Why has the share dropped...??!! REALLY???!

According to my charts/buys/sells common sense, this share has risen 35% since I bought in October... Hardly a drop.

And after such a hefty rise yesterday, did you really expect it to carry on today? If so, you need to have a good look in the mirror. Shares go down as well as up and if you can show me one that doesn't, I'll pay off your mortgage and give you some cash to boot.

Come on guys, get real!

Harsh! As an engineer, this is definitely not a shambles of a company. Mainly affected by Covid but now definitely on the up and will continue in my opinion.
Secondly, it has risen over 35% in the past 3 months, so no complaints. I bought at 72p and sold yesterday at 99p, expecting a drop today which has happened, so I'm back in again. How it could not have fallen today after such a staggering rise yesterday appeared impossible to me. Yes, a gamble, but look at previous meteoric rises and subsequent pull-backs.
Plus, read what the city are saying about this share. I'd top-up quickly if I were you.
I'll post an article from The Times today in a minute and you can DYOR.