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It’s unfortunate and feel sorry for those are being made redundant, however from company shareholders perspective it’s a good news and we should see reflected in the share price, reduce non core activities and save cost , improved cash flows and profitability
Dyor
Who takes MF seriously, they keep changing like British weather! Mf was scaremongering when Rr sp was below £1, Those followed them, lost opportunity of making 100% gain! Time will tell and next update may take it to £3+. We may see another opposite article next week if Sp turns positive
Dyor
RR making engine?
“easyJet already has 69 A320neo family aircraft within its fleet and an existing order book with Airbus to FY29 for a further 158 A320neo family aircraft still to be delivered. Alongside this, easyJet has now entered into conditional arrangements with Airbus to secure the delivery of a further 157 aircraft (56 A320neo & 101 A321neo) between FY29 – FY34 as well as 100 purchase rights (the “Proposed Purchase”). This provides easyJet with the ability to complete its fleet replacement programme of A319 aircraft and replace approximately half of the A320ceo aircraft, alongside providing the foundation for disciplined growth. The Company is in exclusive negotiations with CFM for the supply of engines for the Proposed Purchase.
Rr is not airline’s business, rather they provide engines and services! It’s strong defence business should have kept it green today , a bit disappointing why it didn’t follow Bae , hope it doesn’t drop anymore and keep going up to my £2.50 short term target
Dyor
US market reversed earlier loss Dow up 300 points , we should see blue Monday ! This is potential good news for Rr if Airbus gets contracts , plus indicates demand for aircraft engines, all major airlines are looking to upgrade , great news for Rr as a global leader in the aerospace industry! Dyor
https://www.reuters.com/business/aerospace-defense/iag-talks-with-airbus-boeing-potential-widebody-order-bloomberg-news-2023-10-06/
Overall market down due to US job data pushing bond yield higher , I think RR is in good shape and it is resisting well in the negative macro environment! I have bought more in this week dip … hope I’m made good judgement! Fitch rating was positive on RR, so no major concern, shorty term may fluctuate but will shot up to £2.50 soon
Dyor
Https://www.fool.co.uk/2023/10/01/will-rolls-royce-shares-be-the-best-ftse-100-investment-in-2023/
US avoiding shutdown alongside more orders, should take Rr to £2.50 soon then to the next level following Nov update ! As always I’m optimistic on Rr, another Deere coming soon !dyor
Hong Kong's Cathay Pacific Airways (0293.HK) said on Friday it had purchased 32 Airbus A321-200neo aircraft from Airbus (AIR.PA) for a basic price of $4.66 billion.
Source Reuters
Topped up in both BT and Vod , defensive stocks , won’t give big returns but can expect a decent return especially may perform well when market is volatile against blue chip and regular dividend! Vod may outperform given its business across EUrope and Africa, a few asset sell can reduce debts and improve margin as well room for expansion and growth into the region outside UK. Other hand BT is a solid business with leading EE mobile network !
Dyor
Let’s just focus on Rr, plz only share anything relevant for Rr whether it’s new contract, future potential, revenue , your own insight etc ! No point wasting time discussing other matter in the Rr chat board
Dyor
I guess no, just checking if otherwise! However todays Qatar news should take Rr to £2.50 soon, most importantly RR is backed by rich Qatar fund ! Qatar is tiny but smart and cash rich Middle East most influential investor who has investments into many high profile global companies and projects! Money is not a problem for them , they own a few other FTSE large chunk including Barclays, IAG