Member Info for jarnold231

Deal summarised by Reuters:

"Boeing and Airbus have broadly succeeded in dividing Spirit's programs into work that Boeing will take back, along with work that the Airbus will take, Reuters has reported."

Link: https://www.reuters.com/markets/deals/boeing-bid-spirit-aero-values-737-supplier-35-per-share-bloomberg-news-reports-2024-06-25/

Also good Bloomberg article on the subject for those with access: https://www.bloomberg.com/news/articles/2024-06-30/boeing-agrees-to-buy-spirit-aero-for-4-7-billion-in-stock-deal

Well I sold 800 at 486.7p the other day, and I bought them back yesterday at 450.6p

So I guess one can be both :)

Nvidia pull back in the US ? Bit of market gitter?

Its the ratings agencies upgrading to investment grade that was staying my hand, but jam today is tastier when you have some more jam for tomorrow.

Sold my very first RR trade.

Bought 23 June 2022 @ 82.46p

Sold 20 June 2024 @ 486.7p

+508.51%

still holding just over 5,000 but feels good to bank a little profit on a day with such an unexpected rise.

You're missing a Woop.

@Donkeyeeyore = you're aware that Farage has in fact already bottled it and is not standing?

"what would happen if Nigel Farage stood?"

The same thing that happened on the 7 other occasions he's stood for election to parliament - he'd lose.

Investment grade rating - once the ratings houses put this back to investment grade the big funds can start buying again. They already hold ~60%+ of the stock

Wonder if there was a flurry of day traders getting out to get into AngloAmerican this morning

Has this gone into an auction? I'm not seeing a price update yet

Boeing's bad results not as bad as expected, up 2.7% in premarket. Realise this is of limited relevance to RR, but good news all the same.

@PRN19 appears to be right. This is a clear de-escalation. The Israelis haven't admitted to anything. The Iranians effectively said something happened, but it didn't do any damage. The only person confirming there was a strike was the Americans. Israel reportedly angry at the Americans for saying it was Israel and thereby not allowing Iran to pretend nothing happened. Doubt there'll be anything more from this.

475p from everybody's favourite analyst

Bought back in at 308. I was annoyed at what it did to my average :)

Thanks for the response. Just having a little think about when to take some profit and what to keep invested (i.e. do I want more profit now, or more shares later).

Just having a read through the bumpf on the Capital Markets Day website. Very focused on the "mid term" which feels a bit woolly imo (I understand the reasons for this etc). Do people think "mid term" in this context is 2-5 years or 2-10 years approximately.

Dang I wish it was £475

Would have been a millionaire.

11) Ratings agencies re-rate to investment grade

Been looking for a defensive dividend producing stock, so added in here @ 2660p. Looked oversold and a good one if the world economy decides to implode in 2024.