Member Info for Slim_Shady

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.

No time left in the day for a big George W recovery.

Wow some big investor decided to take profit maybe they are worried about US position and need to have some liquidity to hand.

Looks like early morning was a stop loss clean out

Agreed if you do enough good research and follow all the RNS in detail then broker target is just a good reference point and like you say SS17 tends to be after the event so not that helpful.

Yep whole sector hit today nice recovery starting to be made. There will be some volatility soon as the current RR volume is unsustainable and as soon as it comes down HFs can manipulate price up and down more to try and scare ppl out again. I think the final big push to 200 will be when FY’21 results come out start of next yr happy to take between 145-170 until then.

Mystic yep what they don’t realise is if we held through at 87p in July when RR future was uncertain no chance of us being impacted now when RR is 140+ and very bright future ahead.

Sadly seems we have been infected by some new derampers who add no new information on RR. Shares don’t go up in straight lines so whole sector was always likely to take a breather after yesterday. This happened when RR was trying to break 120, 130 etc

Today was always going to be tricky with rights coming into the market. Do ppl think this is a good dip buy in the short term?

Hard bounce on RR plenty of buyers stepping in to eat up
the shares so far.

There was c150m shares traded today which is the 2nd highest volume of the yr so far. It will be difficult to do that again tomorrow especially without new news coming out.

If RR can get SMR locked in then longer term £3+ is on the cards. If there is no more bad COVID news by next year we should be back at pre-COVID price of c2.20.

Litt I would take that a chance to top up a few more at 135 before next leg up

Henry why didn’t you consult your cat before making your decision or did you speak to the same one Falky did when you both sold in the 120s :)

People keep saying this should easily be £2 so why the rush for the exits when it gets close to £1.50. The last 18 months of trading has been tough in RR but shouldn’t let this scare you out early.

Also if anyone can name me a better long term opportunity in the UK stock market I am all ears. Obv better ones in the US but much more risk associated.

Lets move on from this goodbye thread congrats to all those who made profits and sold but plenty of room to run for any new investors and those still holding

Falky surely RR has better chance of going to 200 than Lloyds to 60?

For Lloyds to get to 60 it will need to recover fully to pre-pandemic levels while RR pre-pandemic around 220. Also RR has had more positive catalysts than Lloyds to come back faster unless I am missing something?

I don’t see why anyone wouldn’t keep RR in their portfolio as this has potential to be lot bigger than it was pre-pandemic while all other recovery plays just go back to where they were before.

Fair enough to take some profits out but don’t know why ppl feel the need to exit completely as plenty more profit left on the table

I assume ppl are only selling as they think they can make a quick day trade in and out of this.

With all the good news this is on course for £2 - if this drops back it is not because of anything RR is in control of. I am interested though at what point Causeway choose to take profits as that would impact the sp in the short term.

I do agree ppl get too hung up on Rycey esp as it is a lagging indicator to RR which is much more heavily traded.

Reason for changes at 2.30pm each day is impact of US market as a whole on global markets not Rycey specifically.