The Times5 Aug 2022 08:14
... says Rolls Royce are not, as yet, ready for take off and to avoid the stock.
I'm guessing many board members, myself very much included, are underwater. Some more than others. I'm 10% down as it stands perhaps more after today? Who knows? Certainly not Mike. Sigh. Where fo we go from here?...
Personally, I think it's all about one's time horizons.. Ok, RR hasn't delivered anywhere near our optimistic views pre Thursday but that doesn't necessarily mean the fundamentals aren't still in place. RR is a Phoenix and for me, the building blocks are still very much there for it to rise up from the ashes once again. It'll be a waiting game. It'll take time. It'll take a great deal of patience and despite Warren East delivering the least, ultimately as this Phoenix of an engineering company rises once again so will our investments. Keeping the faith despite what the Times says.