Our latest Investing Matters Podcast episode with QuotedData's Edward Marten has just been released. Listen here.
Looks that way! https://www.ft.com/content/2c3152b4-e43c-4098-bd0b-32cedabfcde4
I'd like to see some numbers for the Chinese flights going forward. Indicatively, atm, there looks be a fair amount of cancelled flights around. https://www.shanghai-airport.com/pudong-departures?day=yesterday
Ed Bastian (CEO Delta Airlines) has just been interviewed on Bloomberg (8.41pm for those that want to watch).
He was extremely upbeat about future travel and pent up flying demand. Delta has dropped 10% on the year. (Not a like for like but, for info, RR has dropped 18%). Be interested to see what the price is when they report.
Actually, Delta report next week, so this may be one of the first indicators of flying demand in the last quarter and the outlook or the industry going forward.
As an aside: They are offering free wifi in the sky from 1st Feb. Wish Qatar would do likewise, flying with them next week to Singapore.
DYOR & GLA
Thanks Phil111 for the links as well as others that have been posted elsewhere. Lots of good news around about increased flying and engine orders. Just need China to open up and I would expect there would be a marked added value to sp. Sad the B21 doesn't have our engines but here's hoping for a big US military order. Will take that and any SMR government order (JTT: Despite us, potentially, not financially benefiting for years, it would be nice to see some sentiment increase at least).
Chris
I have watched and hoped that RR would come good in time for your forced sale. I am sorry for your loss. Your honesty is admirable and, whilst we all know about eggs and baskets, we all have been caught out at times by an unexpected downturn or event. I wish you well and reiterate the many good vibes for you in the days ahead. Best wishes, Andrew
Is this the data? https://www.flightradar24.com/data/statistics
Singapore is opening up!
https://www.reuters.com/world/asia-pacific/singapore-pm-says-covid-19-new-normal-could-take-up-6-months-2021-10-09/
SPC32 potential only. Hope to be back - missed too many highs over the last year and just felt time to profit take. I'm not de-ramping in any way. Wishing everyone the very best with their position / strategy. "If it works for you - that's all that counts"
I've just sold out with a reasonable profit (for me). I was a little nervous that the ITP sale might hit some turbulence and wondered too how much optimism is factored into the current sp. Have already set an initial buy back - hoping to buy back some around 4-5% less. Will be closely monitoring. Just hoping I didn't miss take off! DYOR but GL all!
Not sure if you noted that Bain are going to be releasing results today (after US close), with a conference call tomorrow?
https://www.baincapital.com/news/bain-capital-specialty-finance-inc-schedules-earnings-release-second-quarter-ended-june-30-2021
Perhaps RR RNS was to pre empt any mention of ITP in their statements?
GLA