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i know we went though it last week and i understand that side of it too. but companies must have some tactical play on exactly what they put in, leave out, date they publish etc. the conspi****** inside me likes to wonder 😃 i am lth, just get bored lol
I’ve kept thinking earning was the 2nd and not the 3rd (Thursday). In light of this new information I’m thinking the update provided last week and it being made so close to half year results could have also been tactical as BOE rates are out that morning.
This will have an impact on all UK markets sentiment for sure.
Wether it impacts Rolls that day remains to be seen but the RNS will certainly be a shadowed.
In order for this to move it relies on catalysts. Catalysts are, continued strong performance, lowering debt, re instate dividends. The next earnings I’d like to see 2/3. That could then see us onto £2.
However tui has continued to perform well so we may see a slow and steady approach upwards.
I thought it did ok today to be fair, no sharp drops so looking like people just decided to take their profits before months end.
Personally I think it would be silly to at least not see out the half year results, surely they wouldn’t leave all the good news in their trading update.
LTH unaffected obviously but with lots of opportunity people are stock hopping monthly.
Did not perform that well today so when you factor in
-End of month profit taking
-Profit taking as this stock has performed so well it was always going to have some people take profit
-Uk market mostly down
I don’t think it did too badly.
In other news. Aston Martin pulling away again with over 4% upside today, that stock has been ridiculous.