RE: Merry Xmas all2 Dec 2022 09:24
PHYL, I too am a long term holder as stated in previous posts, but I also day trade, not only in RR, but also Parsley box ( bought at 3.5 pence on 18th nov sold at 6.1 pence yesterday ) as I said I would, for a healthy profit.
RR needs big news, SMR’s, FLRAA but the longer this news takes to come out the more concerned I am that they will not get what they are hoping for, just my opinion.
One last thing, if you look at companies that have announced their financial results, then everyone of them make the statement about rising energy prices hitting profits. As an example I think BT stated their energy costs have risen by £200 million in the last quarter, and most of their workforce are only in the office for a couple of days a week. RR must be using an enormous amount of electricity and gas in its factories.