Sadly yes RR went nowhere during recovery after March 2020 while all other shares rose on global recovery momentum. Now RR themselves are doing great but being held back by global markets. On the other hand see anything sub-140 as good top up opportunity!
Low volume today so HFs can more easily control the price downwards. Just depends at which point buyers step back in. Prob most are waiting to see new range for RR (e.g. previously 105-112) to consolidate in before next leg up.
Retirment if the market had recovered I would agree - share trading is a risky game where you have to know what you are doing otherwise getting a FTSE 100 company that pays good dividend is a safe bet for the risk averse.
However the market has not recovered especially in travel and there is a new clean energy growth phase which RR is well placed for. When RR hits £2-2.20 next year then being more cautious is a good idea.
Also FTSE 100 is a bad example of growth over time if anyone had bought a FTSE 250, Nasdaq or S&P 500 tracker 20 yrs ago they would be laughing now. Just sitting on a v risk averse trading strategy means you will be working till 65 rather than 50 / 55
Choppy trading is driven by what is happening with US and debt ceiling. I would be surprised if this isn’t raised for like the 100th time as no administration has wanted to deal with the issue for the last 50 yrs.
Also RR is more globally exposed than a lot of the rest of the FTSE.
No chance of dividend until debt is paid back which is still decent amount. RR profile has changed from solid firm with good dividends to a recovery + growth play with potential outside of civil aerospace now.
CW - yep the S&P 500 bleeding again hope it is nearly at bottom for the day and will recover upwards which will carry RR tomorrow.
Interesting times atm as UK focussed shares may be good defensive plays. Some of those impacted by the truck driver shortage like Ocado and Wincanton could be good recovery plays once the trucking saga has finished up.