Member Info for Slim_Shady

Well I already get 31/47 shares c.66% at 410 from the rights issue and then hoping for remaining 34% to be lower than 720 price I sold. If it goes up in meantime then will make great profit on my remaining 66% holding and if it goes down have hedged the downside. These RI can catch ppl out just need to have a strategy for how to make most of it

Thanks Mary finally someone helping actual shareholders rather than posting endless FUD. I remember you being v helpful on the SSP board as well.

That is what I thought I have now sold my EZJ shares will fully take up my rights and then buy the extra 16/47 when it drops back to 638 around ex-rights time and should then come out of this ok :)

Can I just check with anyone who is in the know on this rights issue

Based on what I have seen the share has not gone ex-rights yet so is currently trading at 719 which is in effect an 81p premium to the ex-rights price of 638. The close off point for the rights issues was yesterday COB with a price of 789. By my estimation then EZJ is currently trading at 870p (prior to adj to ex-rights) for any shareholders who were on the register yesterday and will fully buy into rights issue?

As people on register yesterday are already entitled to rights surely for current shareholders best to sell now and then buy back in at ex rights price of 638? - or less if ppl think market will worsen

Buying sub 110 is a no brainer out of travel stocks if you plan to hold till at least summer 2022. I would be surprised if this goes sub 105 as that is pre-results price when ppl had no idea if RR needed a RI or were making big losses. Plus RR is only travel company with way of raising cash by non-critical disposal through ITP Aero sale.

Based on Credit Suisse analyst opinion from article below it says IAG has 4 more yrs of cash burn coverage so shouldn’t need to raise equity this yr. Tui and EZJ were always the weakest in terms of cash reserves. IAG is going through turbulence will just have to wait for investor update.

https://www.google.com/amp/s/www.ig.com/uk/news-and-trade-ideas/are-iag-shares-worth-buying-now--210907.amp

Not sure if this has been posted but good article covering of few points that came on here over weekend:

https://www.google.com/amp/s/amp.theguardian.com/business/2021/sep/05/rolls-royce-needs-jets-in-the-air-and-government-on-its-side-for-the-long-haul

Also pushed back to 113 this morning so good start so far.

Good post Casas makes sense the thing with the power systems arm is whether it is key for helping to drive SMR and other new tech RR want to go into versus quick cash sell. Hopefully in next investor update can get a better steer but yes some choppy waters ahead before good returns.

Agreed Falky and you post your opinions as take it or leave it. It seems ppl are now chasing you around forums just to be nasty which is a shame. Ignore the haters and have a good weekend!

Falky don’t disagree on putting more in RR but surely keep some powder in reserve for any further drop. This could retest 110 again now it broke below 113

RR has been disappointing during COVID but I am pretty happy with what it has done in the last 2 months going from 87 to 112. Look at other airlines like IAG and EZJ they have fallen back 20-30% in the last 6 months while RR is flat in that time.

I disagree this is a dead horse especially after the corrective action mgmt have taken and also the positive results. Each to their own but this is not the time to pull out of RR IMHO

Couple of points here:
1. It hasn’t recovered significantly from its low as it is still half the price compared to pre-COVID and that is factoring in share dilution.
2. It is one of the few beaten down companies that has posted a profit during COVID
3. Cash strategy and reserves in much better position than others in travel sector (IAG, EZJ, TUI etc)
4. RR will be a diff company but plenty of room for growth with SMRs etc in the future
I have conviction in this stock so happy to be a LTH and wait for my returns.
This is all IMHO DYOR

Nice double bottom hard bounce of 113.5 which has changed from previous resistance to support. Lets hope it trends up again as don’t want to fall back into Groundhog day of last few months below 113.5.

I still think RR is the best of any recovery stocks to buy so any drops on here is a discount in long term. All the news of last few days is good for long term health of RR.

You say that but why should it go up am sure there is nervousness to see impact of Delta as summer ends and schools open again. I think it is short term noise but day traders are going to play on COVID as long as possible.

Falky gets a hard time on here but tell you what he has made a lot of money in last few weeks going in and out - long may it continue for you pal!

Getting up to 1.30 is pretty simple will be based on ITP Aero deal (timing unknown) and US travel open (Potentially Nov earliest). If ppl want to take short term risk of being out of RR then fair play but no point pretending there is skill to it as will be based on getting lucky that nothing happens in meantime.

Also link to article below. This is a good thing IMO as makes sure RR don’t rest on their laurels and keep pushing the bar.

https://www.google.com/amp/s/amp.ft.com/content/57814c80-74b1-4638-a65b-1b1885692f29

The board shake up from what I can tell is a dig at not having enough engineers and too many City fat cats on the board without the key experience required (could even be a dig at the new chair herself).

It is a critical time for RR as they are on the cusp of big game changing revenue streams so makes sense for the biggest shareholder to want the best in class leadership with the right blend of experience.

Not sure if this has been posted already but a short article with future predictions for RR, IAG, Lloyd’s, BHP and Sainsbury’s as know many ppl own a few of them.

https://www.google.com/amp/s/www.ig.com/uk/news-and-trade-ideas/top-5-uk-stocks-to-watch-in-september-2021-210831.amp

I do agree without skin in the game no need for tons of negative posts as everyone understands potential downside risk of no travel corridor, worsening Delta, potential winter restrictions etc. If there is new news to add then appreciate the update but no point repeating what is already known esp if you are not holding a position.

I do hold IAG and intend to top up if it hits 150 or lower but not worried at all on this long term.