Member Info for kitty72cg

Agree but Raytheon and GE reinforce view that results should be good!!

Raytheon on the NYSE reported good results earlier and have risen 3.5% today.

Augurs well for us!!! I hope!!!

A few days ago I posted a note stating that in February, the last time the share price was in the low 90's, it went on to 127 by early March. Similar situation in November/December 2020 when it peaked at 134.

I believe this will happen again as the bar is set so low for the upcoming results!!

Yesterday I posted a note stating that the last 2 occasions RR was in the low 90's, in November 2020 and February 2021, it rebounded 134 and 127 respectively.

Is this pullback due to the fact "someone" knows the results will be poor, or is it the market in general?

Also any thoughts on a rebound next month like in December 2020 and March of this year?

The news that I'm hoping for, and expecting in the August results, should bring this above its December 2020 level. Flights have and continue to increase so they can reassure us on the free cash flow situation. This along with the ITP sale could bring this to 140 +.

Why not? If it was 128 in March, why not 140 in August?

The last time we were this low was February and in approx 1 month we were at 128 ish. Before that it was November 2020, and within weeks it was at 134!!

I've everything crossed and praying for the same after the August results, when hopefully the subsidary sales will be confirmed and the US opening up has a positive impact!!

Not too much to ask, is it?

I was guilty earlier in the week of being overly optimistic saying we could get to March's level - 130ish, by Friday. Reality is that is unlikely unless Biden opens UK to flights to the US. Truth is I'd be happy with a .5% rise a day going forward instead of a 5% rise one day with a 4.5% pullback the next!!

What I truly believe is this will be nearer 200 by end of year than 100 so in the meantime I'll keep my daily emotions in check!!!

We nearly hit 130 in March so I'm confident well in excess of 150 by Xmas. If no more negative news this week I think 125 - 130 by Friday is possible!!

Us LTH will be rewarded and with interest!!

Hoping this is not another false dawn!! Nearly 130 in March so reckon we could pass that this week if any sort of encouraging news on Atlantic travel this summer

RR best value share in the FTSE 350!!!

Thanks Liam. I'm very confident RR will do well despite Johnson, not because of him. I'm about to exchange on an investment property and going to put 250k into my CFD account and drip feed into RR over the summer.

We should be 150 + by now if it was not for the shambolic government we have. The ironic thing is because of their incompetence I'll be in a position to build up my RR portfolio from a lower position than even last week!!

RR is the best value share in the FTSE 100, if not FTSE 350. Patience is the key to a comfortable retirement!!

Charting is a very useful investment tool, however it does not take into account the negative short term movements caused by an incompetent PM who has give the UK stock market exactly what it doesn't need - UNCERTAINTY. Useless and he is the reason FTSE has underperformed other major exchanges by up to 15% YTD and this share dropping from the 130 region in March

The point of my post was simply demonstrating that Johnson, by not declaring India a Red Zone, has created uncertainty. It is quite possible, even likely, the current vaccines can deal with this variant. All the country and business needed was to avoid uncertainty.

Johnson has failed in this regard. If by his actions he had the FTSE at near record levels, like Biden, Macron etc have achieved and RR building on its March levels he would deserve credit. His incompetence has put the UK back months. That is an economic fact and he deserves criticism.

Despite him RR will succeed. It has a good management team, strong balance sheet (extended cash burn becoming a concern) and a well diversified business model. Once the uncertainty is removed by Johnson's lack of action we will be 150 + very quickly. Important LTH stay patient and they will be rewarded.

I'm in the US since Feb 2020 and have been unable to get back to London as no guarantee that I could get back into the US during the pandemic. Working UK hours - up at 2am but adjusted ok. Reason for background is how I've seen this country transform since the November 2020 election. Biden, who I dislike for his pivotal role in the Iraq War, has made Johnson look incompetent and dangerous. This country, the USA, is rocking and rolling and gaining respect on the world stage. Biden has been at the helm for less than 5 months!! Johnson has been our PM for 2 years next month and sent us backwards and the laughing stock of the world. Year to date the FTSE is between 10% and 15% below other major indices and this is a direct result of his catastrophic decision to allow visiting at Xmas. FTSE dropped 10% in January when we had to lockdown until 12th April due to his decision. Never recovered and since then he allows the Indian variant into the country.
Everyday 2 direct flights a day arrive at Heathrow from Mumbai and Delhi. Others arrive from Kolkata via Qatar. Maybe others from other cities? Why is he allowing this?

UK citizens banned from US and Germany and Australia and no doubt more.

I voted for Johnson but he's the worst PM since Eden. He should be ashamed of himself and hope the other G7 members rub his nose in his disgraceful performance next week. To think the French and Italian stock markets have gained more than 10% more than us!!

As for RR it will come good later this year and next. It will be DESPITE Johnson NOT because of him.

I'm topping up on the dips but would dearly love to be in the green. Average is 121. Made the mistake of buying on momentum in March when we nearly hit 130. What a mistake that was!!

Tui and RR for sure

Unilever will get back to £50+ in next 12 months + reasonable divi but, RR clearly the best prospects in the FTSE 100

Thanks Botbot and pleased we both agree RR will improve, just frustrated that it's going to take longer because of Johnson. Also I own the FTSE 100 index and despite the strong £ we should be higher than the pre pandemic levels. In fact we are the ONLY country of significance that is lower than February 2020!! Speaks volumes of Johnson's performance.
Interesting article on front page of tomorrows Sunday Times that Johnson withheld information on the Indian variant for 2 weeks, whereas he closed the flights to and from South Africa immediately their variant raised its head last year.
He's got some explaining to do and hope someone in the media has the b***s to hold him to account. If he had done to India what he did to South Africa 21st June milestone would not be in jeopardy. He is the sole cause of this uncertainty and it's a disgrace that he's made 2 monumental c*** ups in 6 months which has put our recovery so far behind many other developed nations. If the FTSE was 7700 +, which it should be, he'd be seeking credit for it. Well, he needs to take responsibility for the fact we're lower than February 2020 and holding onto 7000 by our fingertips!! Disgraceful performance by Johnson

Note your comments but the fact is we have the worst performing stock market in the developed world year to date!! You don't mention the impact he had on our health (and deaths) and economy by allowing Xmas visits. He did that to be popular - politically driven decision!!
Politics has had a direct impact on RR share price, not to mention FTSE 100 as a whole.

All this uncertainty is caused by Johnson not closing our borders to Indian flights. This has compounded his error at Xmas when he allowed visiting other households, resulting in the catastrophic January lockdown. The FTSE has underperformed all major indices this year by 10% - 15%. We should be at a minimum of 7700. RR was knocking on the door of 130 in March and has lost 20% + of it's value when it should have ADDED that to be 150+.
We now face another month of uncertainty. I voted for him and supported Brexit but he's let us down badly. Yes the vaccine rollout has been a success but that makes it all the more frustrating that we are not 150+ by now!!

This problem is entirely Johnson's fault for not protecting our borders by banning flights from India. This coupled with him causing the January - 12th April lockdown by giving in to pressure to allow visiting at Christmas has resulted in the FTSE 100 underperforming the other major exchanges by 10% - 15% year to date.
I voted for him and for Brexit but he's been useless. Yes we've done well with the vaccine but all the more reason we should be nearer 7700 in the FTSE 100 and IAG @ 250. Instead we're struggling to hold on to 7000 and 200 respectively with more uncertainty for the month of June!!