Our latest Investing Matters Podcast episode with QuotedData's Edward Marten has just been released. Listen here.
Cw1966, do you have anything better to do? Literally everytime I look at this forum, I see pages and pages of your posts often following each other, you contribute to a large chunk of the forums posts, at all times of day and night.
Anything going on in your life?
Just an FYI, we are now below the share price of the ITP Aero sale announcement, the B52 engine contract win, multiple other contracts, the SMR announcements and goverment support of green energy, the USA opening International travel, multiple director share buys... etc etc.
The SP is literally below when all these were announced.
136.36p
https://www.londonstockexchange.com/stock/RR./rolls-royce-holdings-plc/company-page
17k more shares for Warren East. This is in addition to his holdings already and his salary part shares.
Warren is loading up.
https://www.investegate.co.uk/rolls-royce-holdings--rr.-/rns/director-pdmr-shareholding/202110290932517207Q/
That was a planned stop-loss hunt by MM, bit dirty of them but it happens, that's why you don't use stop-loss and buy companies you are confident in.
To be stopped out at -5% then peak back up would be a annoying lesson
Is that idiot Trevor at it again?, 4% drop from ath and he thinks he's the oracle. Look at the airlines, absolute blood bath, RR is hanging in there very well, compared to price action a few months ago we would be down 15% along with IAG. Personally I'm bullish as I've ever been, once the sector pressure lifts we will go back up and the higher low will be formed. Barring any unforseen news with the USA opening in November, were all golden atm Good luck everyone.
Exactly arsenal, the market is forward thinking, covid is priced in for a moderate recovery, if that changes it'll either go up or down. The only other reason is if biden has changed policy but noone on here would know that... and I'm very doubtful of that. The fuel prices are the main cause, higher fuel prices less profit for airlines, and the cost they can pass on is also limited as inflation is biting people, they need to balance their own profits with getting seats filled.
The market will take a cautious view if it.
IAG is about -10% down from their recent peak, RR about 5% from the absolute overbought peak that was sold off very quickly... as they tend to overshoot on big uptrends
Then downward pressure for inflation, global markets, economy etc etc etc. It's all a game and I don't know why people get caught up in the day to day sp. The company is moving up, the sp wouldnt have risen so fast and hold here for the last month if it wasn't worth it.
People blood pressure on here must be sky high
Downward pressure due to covid?! This is priced in, unless biden has another opening policy and delays it for travel due to covid (but usa cases are dropping so I don't see why he would).
The reason for the drop is the fuel prices, have a look at all travel, RR are holding up well for now, it impacts the bottom line profit of the airlines, so RR is suffering as part of that risk, albeit less so.
The fuel issues are a short term pressure, the market will price this in, the fuel prices will come down and then it's yesterday's news.