Member Info for kitty72cg

I know Jim and it's a question of judgement. Someone always loses or wins on the transaction. As I said I'll start my sell off with a minimum of 50% and dup the rest if fall continues. Will not rush to buy back if it goes up though as I reckon it'll be another false dawn and fed up with it. Wish I had the good sense to have done this when it slipped back to 119 but I had my rose tinted specs on ;(

I have done my own research Falkland and that's why I'm bailing if it goes below 111.

Noted Falkland but I don't think the downward pressure on RR sp is all to do with Causeway. Market generally is heading for a correction and RR will go down with it. Look at IAG, Lloyds Bank, Unilever...... the list goes on in all sectors

130 - 150 is possible by end of year Falkland. I predicted 175 after August results but feel we're going to have to take a few steps back before we get there. That is why I'm bailing tomorrow and getting back in when cheaper. Think all us RR should consider that and maximise our profits and minimise our loses.
For the record I'm well and truly p****d off with the situation I've got myself in. Been too optimistic and too stubborn to accept this is not going up before a significant drop :(

Hi MrJim and hear what you say. I take the view us RR investors should look out for one another. We ramp it when it's going well - I certainly did immediately after the results as wanted us all to benefit. It was a false dawn and that's why I posted earlier that I'm bailing out if this goes below 111. RR is a great company and much more than a travel company and I will get back in. This has more potential to go sub 100 than 115 +. Risk reward is NOT there and that's not being a deramper.
CASH IS KING for the next month or so!!

Hi Bot I think most investors are grumpy this year, not just us at RR. Raging disaster. Nothing of note. I thought the FTSE 100 index would be a good "bet" but it's been hopeless while France, Germany, US amongst many others all hit multiple record highs this year. I've got the hangover but not been to the party!!
Patience is needed yes, but RR's under performance is frustrating to say the least as it's much more than a travel related company.
Was convinced after August results we'd be at 130 by now and 175 by Xmas. Not even confident 130 by Xmas now as I reckon a huge correction will hit the US stock market in the next month or so and that'll drag us down further. Not because we're doing badly as a stand alone company but whole stock market will follow suit.
I'm likely to sell a MINIMUM of 50% of my holding if this goes below 111 this week and buy back in as it will inevitably go below 100 this Autumn. May even sell the lot. What's the point of holding a depreciating asset when I could buy back in when it's 10 - 15% cheaper in a few months? We were all happy when it broke 120 a couple of weeks ago and its dropped 7% since!!
My view at the moment is that everyone should consider CASH IS KING. I'm not a trader but beginning to think like one after the dreadful performance since the August results.
I'm turning into a Mr Grumpy :)!! Went into the stock market to make money and this past year the majority of individual stocks have been a dead loss and the FTSE 100 since the spring has been one also.
Everyone should be careful of the implications the forthcoming US correction will have on their portfolio.

RR has been positioned well by management and when this variant issue eventually becomes a non issue the SP will make us all happy, and money!!

I have and is very encouraging. Management doing all they can to boost the SP both in terms of trading strategy and PR :)!!

I'd be horrified if we're not flying to the US next month!! RR will stagnate at best with that scenario.
Trouble is US not getting Delta under control and Florida is a basket case, so Miami maybe a problem.

Thanks Jonny and didn't see your post until after I sent one to cw. What I said in that applies to your content.
Prefer to be a LTH any day of the week and searching for an opportunity and think amazon is worth a punt.

Noted cw and that scenario confirms why I prefer investing and not trading!!
I did mention I'm going to dip my toes into Amazon tomorrow. Never bought outside the FTSE before but do think Amazon is now a good entry point. Astonishing it's price is at early January levels and circa 15% below it's record high in early July. Think might be an easier way to make money than trading!!
Watch this space :)

I've done a few typos too Jonny :)!!
Definitely hold the view RR is a great long term investment and Questors article is music to my ears. My concerns are the short term risks. Can't deal with the stress of a 10% + pullback, especially as it'll be caused by matters outside RR's control.
If it drops below 108 i will sell and buy back in as next support level is 105ish and once it starts falling like that it don't stop :(

Thanks again cw. "Rinse and repeat" may be something I do on RR if the volatility continues!! Much rather be just an investor and sit back!!
Not done it on BP but will look into that. Appreciate the heads up.

Agree Thebuyer.
RR has positive factors and in "normal" circumstances it would be nearer 130 than 100!!
On balance I'm thinking RR will not break out above 114/5 for a while yet due to reasons mentioned before. I can live with that so long as it doesn't drop towards 100 if world events, or should I say USA events, cause more uncertainty.

Thanks cw, much appreciated.
Was reading somewhere else that the market is jittery about Powell's Friday speech, which contradicts this article.
It's way above my pay grade but I understand that tapering will adversely effect the stock markets and if inflation is not transitory, interest rates will go up. Both in Powell's control so Friday will be interesting and I've gt my tin hat ready!!
Crazy that no matter how good RR's management is doing, unrelated matters hold us back :(. Guess that's the stock market for you!!

Thank you cw :)!!

Confidence boost to say the least. Icing on the cake if RR kicks on sooner rather than later

Great and lets make some money cw and everyone of the RR "family".

The other day botbot asked for my watchlist, which I posted. Today I've just added for the first time anon FTSE company. Amazon have had a major pull back since they announced their results the end of July. Looks like they've bottomed and on the way back up. I'm going to buy a few tomorrow and hoping they'll give me a few bob while RR takes a breather :)

Not sure what you mean by closing ".. the thread" cw but best if we keep discussion on impact any events have on RR's share price.
mystic just posted a positive article on RR so long term I know its a great investment

Thanks mystic. Agree with all Questor says and long term RR is a great investment for sure.
Under a different subject I've been expressing an opinion its forward momentum has been curtailed by two issues out of managements control.

Noted Know but issue for this forum is opinions on impact on RR's share price.
I believe Afghanistan ad the Delta variant have stopped our progress in its tracks. Would be interested in any counter arguments as I need someone to lift me up:) !!