Member Info for mdmckea

As Warren Buffett advises "Buy at the point of maximum pessimism", so I've bought yet again. It's money I can afford to lose (although would rather not!), but share dealing is a gamble and I do like the excitement.
Unlike banks with their 'smoke and mirrors' assets, I believe RR to still be a blue-chip company who have a quality product and whose share price, like many, many others, has declined through circumstances they cannot control, Covid, Brexit and so forth.
So I'm happy to sit tight for a while and see what comes next. Interesting times though.....

Personally I think that, although a blue-chip organisation, RR have allowed themselves to gain a lot of flab and it's time to trim down. I've bought 3 tranches (the first at £4.73 in March and the last at £2.40 at the start of August) but I have great faith in this company and if the share price drops tomorrow I'll be buying again.