RE: Issue rights29 Oct 2020 18:29
Jersey , I am not a chart man , simple because did the chart show the huge drop a few weeks ago ? Was there sentiment to take it back above 215p ? No there wasn’t . Emotional attachment is one thing but my point is not short term point is planes will be flying again simple , business customers may tail off yes but holiday makers will be more eager than ever to get away , countries need tourists more than ever so discounts will be immense .... new engines is not the only line of profit ?, planes in air make RR money a lot of their technology is sold to other markets other industries and always have been. Goverment intervention will stop RR ever going bust and long term RR will become profitable again same as some of the dips they have experienced as in the engines supplied to the new Airbus cost a huge amount of money and trust with the sp slipping considerably but recovered so in all long term buying at these prices my opinion is money can be made.