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If you were/are a fan of Still Game you may know the term "Birthday Caird Pish".
I thought you would have been a trillionaire by now with all those 10 baggers and whispers you were hearing from the city back in 2015/16/17.
How's your other ID KnightandDay ?
Probably get an update from Amit to say that we will be paid in concrete.
RR seems to need continuous good news just to stay still, there were no shocks or surprises in today’s RNS but there’s a 5-6% drop with potentially more this afternoon on US open.
Hopefully it stabilises as we have witnessed in the past that downward momentum for this share can be ridiculous.
He also has a proven track record of telling lies.
Unfortunately I believe an investor did take his own life and from what I understand Cloudtag played a big part in the circumstances that led to this. Think he was once an LSE member and also on Twitter.
I’m half expecting a Jiffy bag full of Monopoly money if there were ever to be any sort of payout.
"He executes — if he says he’s going to do something, he’ll get it done. As an individual, he’s not hugely likeable. He’s not the guy you’re going to have a drink with after work … He’s not nuanced and he’s not subtle. He’s very direct and he’s largely intolerant of mediocre performance."
That will do for me, exactly what's needed at this time IMO.
It adds: “Given the improved cash performance, and recovering end market outlook now we see a clearer path to deleverage the balance sheet and see Rolls reinstating dividends in 2024 with about 1p a share.”
Source: https://www.ii.co.uk/analysis-commentary/why-analyst-rates-rolls-royce-and-next-shares-buy-ii527091
To be fair, there's as much evidence of Amit on his yacht with champagne as there is of a sale so it could go either way.
I think that he wanted a reaction from the workforce and was willing to accept a short term hit on the share price to get it, he won't be judged now for performance to he may as well get the hit out of the way but I believe that after 6 months, investors will want to see results. I don't believe Tufan is here for the long haul, I expect 2/3 years to ruthlessly turn it around and then walk away.