Member Info for invest_na

I would say todays drop is due to: https://news.sky.com/story/british-aviation-pioneer-reaction-engines-crashes-into-administration-13245418

Sad news for the UK and its Glide Bomb requirements.

The likes of United are even more alarming: https://www.bloomberg.com/news/articles/2024-07-17/united-air-sees-profit-below-estimates-as-deep-discounts-sting?srnd=homepage-uk

Airlines in the US are posting poor earnings and discounting ticket prices while also reducing capacity, I'm heavily in RR and wondering if today's fall is going to continue if Airlines keep posting poor earnings. 1st August will be interesting considering these earning reports from the Airlines.

It's a sale or sale to cover, most just see money and sell, unfortunately.

The company employee LTIP gets paid out today, no doubt that was the sale or at least part of the sales, would have been alot of employees on percentage of salary share options selling today.

Now I'm getting the green eyed monster!

Well done, being an 80s baby, investing is the only way I see retirement happening, unless you are my relative and fancy passing some gains under the 7yr gift rule ;)

Life changing is personal though, personally I just aimed to pay off my mortgage and student loan! achieved that last month but now I'm staying in...greed is a terribly mistress!

I did the same but with Barclays...who actually then went and did well!

Guess it depends on how much you are trading with...! I kept losing £450 to the Gov on the last few trades I've done which while I still made 4% on those trades, I probably would have saved circa 1.5k by just not trading them!

Being careful to work out the stamp duty hit of doing this is vital though, I've been hurt with this before!

I bought in sub £1, just bought £10k at current price, I'm not quite sure £7 but certainly £5 by end of 2024, IMO!

Will be interesting to see the strategic partnerships and what they entail and hypersonics/unmanned engines and engineering should be a positive piece over the coming years.

Exactly this, I started buying RR 29/06/2020 at 291.09 when I thought that was a good price, I still think that is a good price despite the share dilution, a lot has happened since then!

I started with £500 investments, I'm now at triple digit in my ISA thanks to averaging down, albeit with significantly bigger amounts than £500, my annual bonus has 100% been in RR shares, my average is 88p and I own significantly more shares! I've taken profit as wanted to pay down my student loan, my mortgage and taken 2-3 ski tips all thanks to RR shares :) I'm still several thousand pounds in profit...

Cheers Rolls Royce for changing my life.

What is the "head shoulders knees and toes" stuff, its been proven wrong time and time again, market dictates the prices, you and I just don't always see the market forces, the trick is to see that or have enough capital to sway anything :)

I would say the news about UK Manufacturing output is one of the main causes today. https://www.ajbell.co.uk/articles/latestnews/266567/top-news-uk-manufacturing-sector-remains-decline-amid-weak-demand

Are you sure this is for POG and not Poly?

Problem with RR is they give the engines away and the recoup from flying hours, its a stupid idea and devalues the products IMO.

They switch suppliers in tech all the time, normally a lower price than the last supplier but the user base is large and global so its always going to be a large cost.

But yes, they are investing a lot in tech right now, more because they haven't for 10 years so playing catch up, its a slow moving horse of a company in any changes nevermind releasing products.

That is what keeps me going Badland, I also bought when it was a "Bargain" Highest price paid: 291.09p

To give some perspective, that was in June 2020, so I've been chasing it down for over 2 years, now at 90p average with 50k shares, which is a serious amount of money for me to be down nearly 18%, fingers crossed the next 2 years goes the other way, but judging by performance to date, this is in no way guaranteed.

I'm 30k at 98p average, keep thinking to put more in but every time I do, it drop further!

Believe this drop is due to the outcome of the ballet on pay? rejected by a large part of the business but accepted by some...hopefully no strike action but this is the worry priced in, IMO.