RE: In defence of JPM13 Apr 2022 13:18
'JPMorgan said it was concerned Rolls-Royce’s new markets division did not offer long-term benefits to investors.' Meanwhile, there is increased worldwide spending on defence as a result of the conflict in Ukraine followed by takeoff on SMB and Electric powered planes getting ready for lift-off are not considered long-term benefits to investors! Unfortunately, the institutions listen to these *ankers and as a result, the SP is not reaching the altitude required to gain traction by the masses however meantime the engine flying hours are ticking higher and higher with the number of total flights (7-day moving average) 169k versus 182k in 2019 i.e. only 7% 13k short just ahead of the peak summer travel season..