Member Info for Litt

Changes to extreme fomo or fud at the drop of a hat depending on wether he is in buy or sell mode. Haha yeah credibility gone

Use the London stock exchange for the price

Good to see RR not at the front of the rollercoaster, hopefully once done se bigger pushes and holds. Rather see a slow rise to next earnings, even if only to 120 than an unsustainable spike up.

Whole portfolio down 6% in 10days. Not good!

Gaslighting..... you also said in this day and age, showing your discontent.... I know what you meant.

You'd probably have children back up chimneys aswell. Striking and unionisation has made more progress for the modern working man than you'd belive. You should be grateful. I'm sure it's not what they want to do so have some sympathy for people just trying to provide for their family's.

Did you expect a straight line to the moon?

BBC News - Covid-19: Quarantine-free travel from France resumes as UK rules change
https://www.bbc.co.uk/news/uk-58130944

You realise that the SMR 'could' arrive as early as 2031.... in 10 years time. The market is forward looking but not that forward lol

UBS upgrades to 130p, would like to see a sustained improvement. Analysis - Hold

https://www.proactiveinvestors.co.uk/companies/news/957067/rolls-royce-target-upgraded-by-ubs-as-cashflow-reassures-957067.html

Also be mindful that peak RR in its whole history was in December 2013 the market cap was still only £25 billion.

On a positive note, when RR was losing £4+ billion in 2016 and had major restructuring, the cap was £11.5 billion... so we are currently pulling a small profit and still under this market cap, but we are a smaller company after the sales of assets and have a debt of £3.1 billion.

Liquidity is good to see through covid, must stress however, this won't rise alone, its all down to the management and engineers, r&d to keep RR innovating

I can't see £8 share price with RR buisness model and even a repaired balance sheet and pre covid flights. RR would need to be x3 better company than its peak or the FTSE would need to reinvent itself and attract a stock market with sentiment and investment levels similar to theUSA.

Or new developments to bring RR to the top, only thing I can see is the SMR they are developing, it would require them being the leaders in this tech and regulation and government support and contracts to be behind them.

Re £8 share..

The market cap is currently valued at £9.3 billion.

For £8 share price , the company needs to be valued at £66 billion, so x7 growth!

GE is currently valued at £80 billion even with the USA stock premium

I could only see this if (and its a big if) these SMR take off big time and RR are the top dog over its competitors.

No way on its current aero buisness model.

Ps, gaps do not always fill, on a beat earning report you have much less chance, it may but I would never base trading on a gap fill.

You are not against the retail crowd, the shorts have been in play for a long time, I can see the shorts getting forced out then back down to force the longs out. Overall trajectory is up however. I think it'll take to the next quarter results come in, and if positive the bigger buys. Honest opinion is your short is toast.

Nice one, on t212 also

So that's an annual interest rate of near 5%?
Not sure if my maths is way off

I've looked through their website and see no mention of this auto close, I can see a daily interest charge of
0.0136% not sure how this is administered, I can only think of the fees being deducted daily from your rrx3 stock.

https://graniteshares.com/institutional/uk/en-uk/etps/3lrr

Wild ride over the last month or so, after averaging down at every dip the last one was going to break me. So sold all my rr and went hell for leather and stuck it all in RRx3. Average is 0.455 and timed the drop perfect.

All profit is x3 aswell so it flys! Wouldn't want to be in x3 going down though... that would hurt bad!

Good luck all holders, hopefully upwards from here.

I've bought at higher levels when the sentiment and uncertainty was much much worse. Happy to buy at these levels all day.

Report was above most expectations and is a great foundation for future strength.
Light at the end of the tunnel is in view.

My IAG has more gains on the day, no reason for this to go down.