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Sp down around 6% since trading update , it’s holding well , not too bad , fundamentals haven’t change , flying hours between 83-90% pre Covid , business back in black ! Hold tight with 1-2 years view, Rr will go £2+! Let day trader and short termer get out of the boat before next bull run!
Dyor
Be patient guys: if you are day trader looking for a quick gain , I’m not with you ! I’m with LTH( with at minimum an year view )
; it will start motoring towards £2. Give it some time to settle and all institutions digest the recent update and start buying with long term view of one of receiving dividends and capital appreciation
Dyor
Emirates made record $3b profit! It’s boom time for longhaul airlines like IAg, Emirates…. During the Covid time IAg was over £1.80, it’ has to go up soon
Dyor
Not so bullish …. It’s in line with Frn update ! Profit guidance same .8-1b, ! Sp should be steady
In Civil Aerospace, long term service agreement large engine flying hours (EFH) were 83% of 2019 levels in the four months to 30 April, and on track for the 80% to 90% range for the full year, as guided in February.
RR looking good, let’s see if they can exceed market expectations >90% flying hours per Covid ! If it does SP will fly to £2! Good luck all
https://www.ii.co.uk/analysis-commentary/rolls-royce-shares-receive-important-boost-ftse-100-peer-ii527832?utm_source=newsletter&utm_medium=email&utm_campaign=Daily%20Newsletter%2020230510&utm_content=newsletter&utm_source=sfmc&utm_medium=email&utm_campaign=Daily+Newsletter_100523&utm_term=https%3a%2f%2fwww.ii.co.uk%2fanalysis-commentary%2frolls-royce-shares-receive-important-boost-ftse-100-peer-ii527832%3f%%%3dv(%40UTM)%3d%%&utm_id=81518&sfmc_id=5897145
Great to see upgrade from a few brave analysts following trading update ; this is in line with my own research; I have said a few times here before , my initial target is £2.50; then £3.50 subject to no Covid and no deterioration in the macro economy; Inflation goes down and oil price remains below $100, where as DB upgraded to £2, Librum £3.50, Peel H £1.75;
All going towards north
Dyor
I think it will beat market expectations, we have seen IAg update last week shows flying hours reaching close to pandemic level ! Another re- rate on its way towards £2+
Though both UBS and Barclays anticipate a fairly low-key trading announcement, the former called in Rolls-Royce engine flying times at up to 83% of 2019 levels for the first quarter, equalling 2.8mln hours.
This could place Rolls-Royce on course to outdo full-year expectations of 13mln hours, UBS noted, marking good news since it is paid based on flight times.
Can’t see any reason why it won’t go £2+; back in profit , debts going down , flying hours increasing to reach pre- pandemic level ! What else an investor need to know from a leading airlines company! On top of it oil price below $80! I will hold Dyor
https://www.proactiveinvestors.co.uk/companies/news/1014261/iag-results-surprisingly-strong-as-british-airways-outlook-looks-encouraging-say-analysts-1014261.html
Am hoping a positive result which will lead a Rr-rate of the IAG sp to £2+ , so those investors think the same are loading b4 Friday
Dyor
https://m.marketscreener.com/quote/stock/INTERNATIONAL-CONSOLIDATE-7233512/news/BA-owner-IAG-set-to-profit-off-bounceback-43706410/
Same Jpm gave target price 70p, current price more than double ! After all of this wonder who is taking them seriously?
Rr going £2+ soon then may be that analysts will be sacked by then for his lazy and poor performance
Dyor
Say you had 1000 Melrose shares cost £1650
Now you have 333 new Melrose share at £4=£1,330
+ DWL 333 at £1.17= £389
Total value £1,719
Overall positive; correct me if I have missed anything here ?
If price drops I will buy more , both looks solid business model
Dyor
I would rather Iag have it’s debt paid than dividend, it’s too early , however Iag is in strong position now that no Covid , flying hours reaching pre Covid and oil price below $100, this quarter result may not be great but look forward to summer holidays season ! My 12 months target £3.50+
Dyor
This incompetent minister and govt policy ruining UkCs oil industry resulting in people losing their jobs! V
https://www.bbc.com/news/uk-scotland-scotland-business-65178626