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Tomorrows front pages on Coronavirus testing
Covid testing machines gives results in 90 minutes - two on-the-spot tests that can detect coronavirus and flu within 90 minutes are to be rolled out across Britain this autumn ministers have said. For the first time, the tests are able to identify coronavirus as well as winter infections such as flu and respiratory viruses, potentially reducing the number of people asked to self-isolate.
90 minute tests to transform the war on Corona
This is certainly moving in the right direction and if airports are able to adopt this as well, this will be a significant improvement until a vaccine is found and will restore confidence for the traveling public.
I personally think we are not that far away from having vaccine solutions which will be rolled out around the world, this year!
Russia is claiming they are there and it will be looking to have it passed by the regulators in August for roll out in October.
China is already vaccinating its army.
Oxford is talking about more news in September and hoping to roll out before the end of the year.
There are five companies already at phase 3.
During the month of August there will be a lot more news on the vaccine progress.
The world wants to move on from this situation!
Coming onto Rolls Royce, it could be one angle of allowing the RI to play itself out in the media over the last few days, puts Rolls Royce in a much stronger position when negotiating the sale of ITP. It means they can negotiate a realistic price for the sale, as buyers will be aware that selling ITP is not there only option of raising cash. This gives Rolls Royce the option to play one off against the other. Short term pain for shareholders, for long term gain. Rolls Royce has good liquidity at present and the sale and RI, will further strengthen their balance sheet, but if a vaccine is found within the coming months, they might not require to continue with both the sale & RI.
Coming onto the economy, the downturn is self-inflicted, i.e. the governments around the world created the economic downturn when they closed down the economy. Take the UK, when the government-imposed lockdown, they effectively turned off the sales income for most businesses, what we have ended up with was inevitable. Governments are not commercially minded, business are. Once they allow business to return to normal, you will be surprised what can be achieved in a short period of time. Don’t get me wrong nothing is straight forward, the world has taken on a lot of debt, lives have been seriously damaged, but time will heal. People have very short memories and will want to fly again for many reasons.
Rolls Royce was more than likely overstaffed with too many legacy expensive employment contracts. They will come out of this even stronger than they were before, and making profit will be a lot easier.
It won’t be long now, and I for one am looking forward to seeing the market react on the day the UK talk about a roll out plan for inoculating the UK. The FTSE will explode!
These are my thoughts, much better to be optimistic, then pessimistic.
flight stats are 7-day moving average.
If you cared to check the UK airport departure boards and the current flight stats, you will see that things are not as bad as is being suggested, check for yourself.
Apart from anything else, to suggest that no one is going to fly anywhere in the world from any other country, is bonkers!
People fly all over the world from country to country for a variety of reasons and this will never stop, currently numbers are lower for obvious reasons and yes I agree it will take time to resume, but to suggest everyone is going to find other ways to travel without flying, is a ridiculous comment.
Current stats off flightradar 24
Total number of flights
Pre covid February - 178K
March / April - 64K
July - 141K
Total number of commercial flights
Pre covid February - 106K
March / April – 28K
July – 62K
As you can see, the figures speak for themselves. There is plenty of flying taking place all over the world and Rolls Royce support a lot of these companies worldwide.
In addition to supporting civil aerospace, they support defence, power systems, nuclear, R2 data labs.
This company is not going anywhere. in my opinion They are laying the new foundations of becoming a super, faster, leaner machine, exciting times ahead.
The current sales price is affected for many reasons, but we all know that this can change very quickly.
DYOR
Don’t panic, keep calm and stay focused.
I bought shares in Rolls Royce as I see it as one of the best companies out there. If you ignore all of the noise that is going on, especially the scare mongers on this board, the negative press statements which we all know they love to spin, and remember that one day this virus will be behind us, (using vaccines and drugs to limit the damage to human body), this company will recover (in my humble opinion).
I am not phased by a possible placing, if it is needed short term to strengthen the balance sheet so be it. I think it is much better than getting a loan where RR. will be tied up in knots.
This company is so diverse and has so much potential, you will look back in years to come and wonder what the fuss was all about.
People will always need to travel.
I think the government unfortunately are making a right mess of the whole quarantine rules. The real game changer is when the penny drops and they realise testing at the airports is the key to being able to continue our lives and be able to do all of the things we did before. The blanket blunt approach of punishing everyone who travels with quarantine on their return, one glove fits all approach, instead of testing and isolating the infected, is the real key to unlocking the economy.
Regional lockdowns and testing will make life a lot easier and more palatable, until a vaccine is found, and I personally think that this will be a lot sooner than the media would have you believe.
Casajaluma – you are absolutely full of negativity, you must lead a very sad life! If you were as clever as you made out to be, you would of made so much money, you would not be spending your days posting on these boards. The only benefit of your negative comments is
1. To encourage holders to panic sell
or
2. You get pleasure in spinning doom and gloom
DYOR, Good luck to all holders.
Sharefall, I totally agree with your comments and was thinking exactly the same.
Mandatory wearing of facemasks will make a huge difference and I cannot believe this stance was not adopted, as we started to come out of lockdown. The world would have been so much further progressed, on the path to recovery. Apart from anything else, it gives the population confidence as well. Confidence is key.
We need to accept that Covid is part of our everyday life, until a solution is found. The priority now is to get the economy back to normal. People need to get back to work and also spend money as they did before. This has to be the priority for everyone.
In my opinion, even if we do have another spike, the UK government will not be enforcing a nationwide lockdown, the economy could not cope with another round of total lockdown and the Chancellor will not be able to create another 300 billion pounds for furloughing. It would also be political suicide. I am pretty sure this would be the same for governments all over the world.
More importantly, we know far more about the disease and how to treat it to a certain degree. We have back up plans with the Nightingale hospitals, vaccines are being worked on and this means we are so much more prepared. In March we were totally taken on the backfoot, no one had any knowledge, people were catching it everywhere, and Governments did not have a clue what to do, hence the reason for shutdown.
The whole focus of the Government is to now to focus on the economy, and this is where a lot of effort will be needed.
Every company has had to cut back and make redundancies, based on the last 4 months, but you can be sure that as the economy starts to return, demand will be felt in all sectors, and you will find where cut backs have been made, recruiting new staff will be required.
Travel is a big part of the world economy, tourism is huge and I believe tourist offices all over the world will be spending money, coming up with ways to entice travel. The business sector cannot survive on electronic meetings, they will also return to face to face meetings.
I am an optimist, and I believe we are now on the road to recovery. Nothing is plain sailing and it will not be an easy ride, but the journey back to pre covid is starting.
More travel, requires more planes to fly and more hours for Rolls Royce. If you look at the UK airport flight and departure boards, you will see the number of flights over the coming days and weeks will increase increase significantly.
The idea of these boards is to share thoughts, ideas and any information one might know or discover on a share, that might be of assistance to other holders. It allows for opinions, positive and negative, based on factual information, or reports read in the media, or from other sources.
I do wish the ones that are blatantly attempting to unnerve other shareholders, would disappear! (I could of put it into stronger words, but I think this is more subtle and respectful, even though you do not deserve politeness, and you will all know who you are)!
When I see comments with words to the effect of, “this share is still too high”, or “it has a lot further to fall”, or "I will be buying, but not until it reaches sub 200", you have to ask yourself what is the motive for such comments?
If you are also suggesting that RR. is going bust (or the government will be taking it over), but in the meantime if the price goes below 200 and you would buy, how is your money going to be safe even at that rate!
Rolls Royce is carrying out a lot of housekeeping at the moment, (like many other companies), and the benefit will be significant in the long term to the business and ultimately to shareholders. Covid 19 was outside of the company’s control, but what they do now will re-shape the company for the future. Rome was not built in a day and these changes will take time to be felt.
I know it is a free world and everyone is entitled to their opinion, but current investors either short or long term, get tired of reading pages of posts that contain a lot of rubbish, its so amateurish, as other posters have said, it is laughable, but can also get boring and tiresome!
It’s bad enough having to read most of the doom and gloom the media put out there on many different subjects, obviously the main objective is to spread fear and disaster, to destroy and damage as many peoples lives and companies with whatever trash they can write, draw in readers with shocking headlines, but then they are paid to do this. If they were printing good stories, they would not sell, it’s as simple as that!
If you have worthy information please feel free to post. Anyone that is not able to do this, please go and waste your time on another board!
Good day to you all.