RE: £1.00 + coming!!!20 Jul 2022 11:27
MC866
Debt is a concern and that is a reflection of RR’s current MC. However, will all the projects in the pipeline which continues to grow any debt will be covered. Money is now flowing back into the company and should strengthen as the airline sector recovers.
Don’t forget, debt is not always a bad thing for a company and was a necessary requirement to increase it.
You also mentioned BoE rate increases. Without going through the company’s financials does that affect RR. Was their rate of interest negotiated/hedged prior to inflation being a factor in the world economy?
You may done your due diligence here but the fundamentals seem to be improving, not forgetting the defence budgets across the globe increasing.
As with all private investors, good luck here and elsewhere.