Member Info for Phyl

Goodness knows we need it!

Nobody knows if we have reached the bottom but great to see a number of blue days recently including today. I've noticed a stronger morning and weaker afternoon but any blue finish on the closing bell is most welcome. China remains the 2nd largest economy in the world behind the US but the Chinese president has iterated his desire for the economy in China to become the largest player. We will see. Meanwhile, fingers crossed the blue days continue.

Earlier today I questioned whether or not the SP would drop below £7.00 a pop. Well, now I have my answer. The SP finished at £6.932 which is a 52 week low. Question now, has it got further to go?

Could this drop below £7.00 a pop?

robleo, that's a fair strategy. I know a number of people who do exactly that. Iny case, as my average is £2.66, any reinvestment of the dividends in acquiring further shares helps to lower my average. I suspect there are plenty others in the same position as me.

Couldn't agree more Falky. For the record I'm invested here at 96p so a tad under water right now but my strategy is more a long term play on the shares I have. Like you I'll buy (more) should the SP drop toward the 75p mark as I look to increase my holding such is the faith I have in RR as an investment going forward. But do I know if its a very very strong buy or a very very strong sell? Do I heckers like. Nobody does.

One minute someone says very very strong buy, the next minute you get someone implying very very strong sell. The rampers & derampers here do make me smile there's not a board quite like it. Except maybe BOO!

I'm in LGEN for 5yrs perhaps even 10 so my strategy is to reinvest in more shares to take advantage of the compounding effect. I've also been drip feeding on dips and intend to continue to do so such is my long term faith in LGEN & it's management. Hope this makes sense.?

Cheers PSK, that explains it... sigh!

Strange. LSE have us 0.2% down while Google Finance have us 0.3% up.

Interesting article from across the pond...

https://www.autoevolution.com/news/rolls-royce-coldfire-powers-a-new-generation-of-laser-weapons-for-the-us-navy-189124.html

Apologies if some of you have read this article but for those that haven't I believe the narrative helps explain perfectly where we are with Rolls Royce: Back on track...

https://www.derbytelegraph.co.uk/news/business/rolls-royce-back-track-looks-7070545

The question is, do I now add further shares while sub £1 a pop while I can?

Fingers crossed for a positive update on Thursday!!!

Anybody else surely invested here?

I'm talking market manipulation. Is this share being manipulated down (for institutional gain) ahead of the AGM & potential positive update on the 12th May? Will the update be good, bad or indifferent? What do you think?

Having acquired a fair dollop of shares a few weeks back I've seen my initial investment in RR fall heavily in value. I guess I'm not alone! JPM's somewhat untimely broker recommendation didn't help not one jot. That's the risk we investors take. Despite this, I made my bet based on an horizon. An horizon that included increased flying hours and engine maintenance, increased government spending, early all electric plane innovation, new early carbon neutral fuel innovation and yes, new early SMNR innovation where a good slice of renewable energy must eventually derive. All these influences have been discussed a great deal on this board by more knowledgeable postees than I. Yes, we have headwinds, another being announced yesterday by the governor of the Bank of England. Recession helps no-one here. This talk has heavily influenced the UK market as we see, yet again, a sea of red. RR may well drop 6%. It may well drop 10%. Who knows? Taking into consideration all influences, are Rolls Royce shares a good investment? Put it this way, despite my growing losses which, I hasten to add, would normally cut, I won't be selling anytime soon. Keeping the faith in this brilliant great British engineering company.

Well done zebbo. Definitely a good day to buy yesterday for any new or existing investors wether or not with a short, medium or longer term strategy 8n mind. My own intention is to remain invested here in an ISA for a minimum of 6yrs as a supplement to my pension. I've always thought LGEN more of a slightly defensive & longer term play and will continue to drip feed on a monthly basis and of course, during price dips such as yesterday.

The SP has dipped below £2.50 which means it's where it was 5yrs ago. The divis amount to circa 32% returns during that time which means it's delivered circa 6%+ Yr on Yr growth. Still not bad but the lack of capital growth is something I hope can be rectified over the weeks/months & years. At a covering ratio of 1.85 the future divis should be covered fingers crossed. For me, today is a good buying day.

Read a report this morning suggesting the UK Government are in talks with South Korea to build a number of Nuclear power stations. Nothing surprises me about this Government anymore but surely not even they would consider a South Korea nuclear option over RR? Talks? Let's hope that's all it is... talk.

I don't tend to post predictions on the short term performance of a stock/share as I'm wrong 80% of the time. I bought at 96p a few weeks ago gor my ISA but with the medium & longer term in mind. By that, I mean 3 - 5 yrs. I'm sticking to me guns so the SP does what the market makers want. Nevertheless, it doesn't stop me getting frustrated with these heathens. Sheer stock manipulators the lot of them. If my strategy was more short term I'd be sorely tempted to buy before final bell and selling the following day in the morning. Just a thought!