Good foundations31 May 2020 13:51
From news article posted below.Rolls-Royce has customers in more than 150 countries, comprising more than 400 airlines and leasing customers, 160 armed forces, 70 navies, and more than 5,000 power and nuclear customersFundamentally that sums up their strong position from my end.Customers in over 75% of the world, strong ties with many government military and still many outstanding orders on the books.The concern is if airlines are able to cancel existing orders of aircraft such as the Airbus A350 XWB, which gave RR plenty of work. I believe much of the doom and gloom is priced in to an extent, I guess in order to see why this stock price would reduce further is to work out what could cause it to fail and become less favourable to the world, Vs what could make it more appealing.If airlines are to start flying again June / July and the world's military are still spending and placing orders with RR, that's got to be a positive.All my opinion - dyor etc.