Member Info for Slim_Shady

It is good this has held up above 90 be interesting to see RR results which will steer next leg up / down (hopefully not)

I do think the govt is doing a sensible thing making young ppl get double jabbed by end of summer through incentive of travel as atm take up rate is v poor and they are infecting a lot of ppl across all ages and which would reduce after getting a vaccine. The part govt has messed up is PCR tests which is making travel too costly for families.

SSP taking some punishment atm but should def have enough cash to see out this summer delay on holidays as RI factored in worst case 2021 scenario.

Could be a long road back but in next year or two this will come back reasonably and if I wasn’t so exposed to travel sector would top up.

Not just travel being hit all sectors continue to be pushed down. HFs will continue to thrive on this uncertainty and hammer shares down to pick up cheap for the long term recovery.

The govt is using these travel rules to force young ppl to get both jabs as they have incentive to get one for holidays as lot of ppl think they can do it later or not need it due to v low risk of any issues. I am 35 and got my 2nd jab in 3rd week of June by being quick to sign up when offered. Daily vaccine rates are well down from peak so plenty of opportunity for younger ppl to get jabs quickly now.

Also Delta airlines earnings will be interesting hopefully can give boost RR. For once RR not falling as much as Tui and Easyjet which is right as RR is about global travel not UK travel only.

This will depend largely on ITP Aero disposal which is what they said in last investor presentation. They want to raise >£2bn cash flow in civil aero by 2022 of which this is a large part

Agreed was hoping the bounce of 930 yesterday would then drive a retracement back upwards but this drop again today is worrying.

You have to hope Weichai trials went well (Weichai did take up share placement at 1060 at back end of H1) and an update will be provided this month / early next month. Only other catalyst in next few months would be climate conference so there should be a run up then.

Seems like Groundhog Day every month with inflation, jobs and Fed meetings killing the market then a calm and recovery followed by the same again.

No-one is saying for RR mgmt to give daily updates linked to day trading which isn’t reflective of the long term potential / performance of company that mgmt is responsible for.

Other companies in these unique times have come out with additional statements / info due to the additional volatility / faster pace of change due to COVID. RR have chosen to follow normal protocol hence why the share is manipulated into the ground by HFs and had a short squeeze last year.

RR SP has been suppressed for a long term so if they want to attract new shareholders who don’t want to short and manipulate it down all the time would be helpful to give a bit more than the basic updates is all I am saying.

Agree on poor investor relations these are unique times hence pushing out standard corporate updates same as always is not looking after shareholders. Look at Tui terrible cash position much worse than RR and should be way lower but have the most bullish investor relations dept keeping them above water

No-one will know the answer until half year results in August and in particular the cash flow position. Right now all recovery stocks are being killed whether it is airlines, cruises, pubs, cinemas or hotels on no news just uncertainty of future which HFs are trying to scare retail investors out with.

All depends what you think RR is worth which I think is still 150-200 in a few years time minimum as we will learn to live with COVID and ppl will want to travel to the max asap, alongside the other half of RR business which is fundamentally sound to keep growing

The only reason for sp to go down in short term is that more cash has been burnt so even though COVID outlook is better now than 6 months ago the cash position has worsened. All recovery stocks were ran up too quickly in Feb after Bojo announcement not based on fundamentals hence the sp drop looks odd but in reality it is normalising.
Just take another share carnival cruises which ran up ridiculously when no sail orders had even been announced!

Any idea for the retest of low 930s bottom resistance today? - had hoped for Weichai bus trial update by now to bring some commercial confidence as next trading update isn’t till Sep.

ITM has retraced back upwards so had hoped Ceres would stay steady around 1060 mark where the share placing was made.

I will be v interested in the comments in H1’21 results as they usually give an outlook on the iron ore market for the rest of year based on world steel association guidance and also on market risks which has to include their view on the Russia situation. If they are bullish on both it will really help reassure investors and pump SP upwards as the numbers will be spectacular as already well documented on here.

Having invested in a number of shares across the market one thing Fxpo could improve on is investor relations which could do a lot more to let shareholders / potential investors know how well the company is doing.

The share price is going to jump around now until there is clarity on the balance sheet position at HY results in August at which point it will become clearer if more cash raising is required.

Regardless of what happens RR is a good long term investment and unfortunately dragged from pillar to post by never ending loop on travel bad news. Still surprised ppl are obsessed with UK having such an impact on RR when it is a global business and needs long haul flying around the world to kick off to move up decisively.

Posting about 80 or 120 tomorrow / this week is not helpful as it is based on pure day trading / shorting tactics to scare ppl in and out of positions.

I get a feeling it will take the results coming out to push close to 500 again (hope I am wrong). I remember even for FY’20 results it took a few days for market to react positively and get the push up it deserved.

You would hope H1 results will align SP to underlying Fxpo performance again as it has become disattached atm to the overall market. Fxpo 65% Fe is still a differentiator and will stay in demand for medium term at least as only big supplier of this is Vale.

Technical analysis setup not looking good with lower highs and lower lows so needs H1 results (am sure will be great) or a special divi to push SP upwards decisively again.

I hope we don’t have the usual tech shenanigans again this month where in run up to Fed update stocks start to drop, then either tank or drop a bit followed by some recovery by end of month.

Ceres has been caught up in fallout of this last few months but this will def go high again during climate conference time. Almost as if now anything sub 1000 is buy sign and above 1150 a sell if looking for short term gains

Fxpo starting to settle a bit into 450-470 range which would be good consolidation after a period of turbulence 430, 500 etc.

We just need to avoid big swings either way on iron ore prices and as long 65% Fe remains 200+ this should continue ascending with some nice dividends for good measure.

China are flexing their muscles to stop monopolies / stockpiling but now iron ore price levels are back close to incremental increases of Q1 they hopefully should start letting the market play out as normal.

Unfortunately Fxpo caught into sentiment of excessive iron ore rally over last month. Hopefully AGM on Thurs will settle nerves a bit as this company is still a cash cow and demand for iron ore is still there.

I had hoped the positive Weichai news would create a stronger floor at 1060 and reduce the direct algo links to ITM. Hoping the Weichai JV results come in soon to boost the SP otherwise there will surely be a big run when the global climate change conference happens in the autumn

Seems only very positive news like US / UK or US / EU travel corridor will push this above 110 decisively.

Can’t wait to take some money back in the long term from daily shorters who keep trying to destroy this company.

I was in pre-pandemic so holding long term for recovery. I do find it amusing ppl on here who are already in profit stressing about daily movements when RR does not typically go up at fast speed and will only do so due to HF manipulation which then naturally can easily go the other way as well.

Building up resistance at 500 so hopefully another step up soon if overall market calms for a few days