RE: The Rolls-Royce share price fell by 53% in 2020. Should I buy now?11 Jan 2021 15:59
I have been out. I am long. Only 12500 shares at 1.19 average. I do not short stocks and would welcome the day short selling was banned as the concept of wanting a company to fail is sad.
Re facts rhe company has debt of 8.7b and a book value if 9b. I am frustrated as this looked proming when there was an issue but the SP has gone off the rails while others in the sector such as IAG have done very well. Given that only 40% of revenue is derived from aircraft engine sales and servicing of aircraft I would have thought military contracts and nuclear would be moving ahead well but still the price is dragged down. Lets wait and see what the next few weeks brings.