RE: Not far away from rest of my 45p gain this week 🔥24 Sep 2024 21:55
Better life, I’ve been supporting RR PLC in its entitled £70bln MCap since 2020. Equivalent to around £7 SP.
That was based on the terrible impact from Covid, the 34p RI, and the “back to reality” basics with the influx of SMR, 10 years R&D, new venture wars and a future div when time comes.
What I never considered in my £7 goal (come Feb 2025) was AUKUS, narrow body re-entry, and sales of the air taxi et al divisions.
So, if truth be told, I’ve undersold the SP come Feb 2025.
The divs alone raise the SP by 25% once approved by shareholders (Q1 of 2025).
My goal of £7 come 2025 will be correct.
The end goal of RR come 2026 and thereafter will be over a hundred billion MCap.
And that’s awesome. I might hold till then 😂. Like some really awesome investors here.
Or I may buy that boat and sail.
All good though my friend. The futures bright. The future, has always been, listen to the cat! 😂😂😂👍👍