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I said £2.0 by end of year. and double by 18 to 24 months !
It's a recovery stock and just like RR we sit and wait for it, I am 11% up on iag so better than money in the bank,
ANd better than my divi stock which as always don;t do much but pay out divi but not at 11% like IAG gave me.
I keep holding as part of my portfolio, RR went down 1.8% , hence have a good portfolio of stocks.
Mystic you have no clue do you lol.. No one is pumping anything. Some one asked if IAG going up will effect RR, Imo yes flying hours up helps RR so when any airline goes up RR goes up. to say not you would have to be VERY stupid.
It's called a recovery stock was £6 before covid. debt is the issue but we wait for the recovery.
We all sat on RR for 4 years also.
Some times you have to be in it to win it as these stocks can jump 20% in a day then it's too late/
I am up 10% in 12 months so better than my bank and happy to stay in this 24 months to imo double up.
DYOR as always
So people people posting about RR on the IAG board anyway, funny they both make their money from flying hours in the main. So yes imo if IAG go up tomorrow RR should go up also.
Not why it upsets some posters that some one started an IAG thread ! you can skip on by it.
Why would anyone sell before £7?
because it won't get to £7 for 10 years have you worked out the company value if it did ? not possible short term.
My target is £4.20 ish but will only sell if it gets stuck, I sell a few of these all the time as you know and enjoy the money.
Next target is £3.80 on August results. price is done for the time being imo.