RE: Why!18 Nov 2022 13:25
Apologies onthecoast my previous posts most definitely not aimed at you in any way. (Just in case you thought they were)
I agree, not many would have made serious money out of RR in the past... but to answer your point on LTH. In the past the SP has been much higher than it is today and definitely akin to where we are in terms of Brexit, covid, Ukraine invasion, China not to mention economies of the world including inflation. All of which have conspired to make this one huge bear market. Most stocks, shares, bonds, gilts, investment trusts & funds have lost monies as a matter of consequence. At some point though the stronger companies will emerge from the mess and investments of all kinds will recover. Some will go to attain all time highs. As as Camelot famously put it, "youve got to be in it to win it". In other words, the markets can move so fast that if you're not invested the boat will have sailed and sailed into the distance at that. Why do I think RR are a good long term holding?
1. China will fully open its gates to trade without restrictions boosting the SP. [RR has operations there)
2. Inflation will drop meaning investment confidence will return.
3. The war in Ukraine will ultimately end. Everybody and every business stands to gain
4. Wide body aircraft will fully return to the skies meaning more revenue due to engine servicing contracts and new parts.
5. RR has an incredible pipeline of opportunity with new engines being procured as we speak. FLRAA. SMR & new technologies.
In other words, RR have the ability and know how to become as successful as they ever were so buying shares at less than £1 a pop today could well be one of the shrewdest investments I for one can make today for return tomorrow. A bit like planting a pip.
You pays yer money and ye takes your choice. Mine being RR.