Member Info for Tomaaa

Starting to look oversold. Someone will be accumulating shares here for the bounce. Always difficult to see the bottom but it very near IMO

Starting to look like an over reaction on those results. Now looks like a good price for a buy in around these levesl. Can’t see it going much lower given buyback commence shortly regardless of those being 500m. :)

Powell is due to speak again tomorrow and American job report on Friday. Biden due budget proposals this week also. :)

Rr101
I hope we may see a rally up to next central banks interest rate rises later this month and comments they make scrutinised. My only concern is Chinese recovery moving too fast and it’s thirst for oil and LNG growing to quick. Last year LNG supplies destined to China were diverted to Europe whilst it remained in lock down, that will unlikely be the case this time. Any major increases in the LNG spot price due to increased Chinese demand for oil and gas could cause another spike in European inflation and thus force the ECB to go much further with interest rate rises. A steady Chinese recovery would allow commodity markets to cope better. IAG still looks relatively cheap at this point in time tho if take a longer term view :)

Dan
Reference Lavrov, I suggest you “don’t read” the headlines in the western media. Look a little deeper and read/watch all of Lavrov speech and he was applauded at the same meeting for his comments on western interferences recently in notably Syria, Iraq, Afghanistan and Libya to name a few. Putin has good support in East Asia, Latin America and Africa along with India and ****stan but western media don’t want to print both sides of the argument. Worrying those supposed weapons of mass destruction are rotting buried in the sand somewhere in Iraq if you believe Blair and Bush :) Theres crooks on both sides but one side does it in a suit.

Agree, should have a better idea Monday where it’s heading. American service data due today so markets will be looking over that data to see where American central bank may go with regards interest rate rises and how long they’ll remain there. Will show in American markets once they’ve gone through the permutations later today as they’re not the quickest :)

A brokers opinion is just that and nothing else. I hold shares that are way below broker opinions and some higher. A brokers opinion doesn’t mean it will reach that point on the high or low side, it’s just an opinion. There’s no timescale to reaching a brokers opinion and those opinions remain subject to a change on the high or low side. Personally I think there’s better trades that are still low I’ll make more on a trade which I’ll miss if I hold too much trade monies sitting in RR waiting to squeeze out a little more on the upside. Looks over bought or very near to me on the last week or so rise. Market will take profit on this rise in a short timespan as they always do then buy back in lower. It not if merely when :)

Sold trade today over 148p after buying after results around 126p. Great profit but hasn’t got much legs left on this rise IMO. Will come back in if it retraces downwards once it becomes over bought. Good look to those that squeeze some more out before the pullback but I’m happy to reach my target, mustn’t be greedy. GL

Qantas bounced back over 2% in the next trading session after its results loss. As long as the geopolitical situation doesn’t escalate I’d think it will bounce back next week. I thought the results were better than RR so surprised it dropped like it has.

Once the bad news is priced in today should move back up much like qantas. Bought some around 156p. RNS wasn’t as bad as I thought it would be but the market wants perfection.

Dazpink
I’ll look back Thursday when RNS is released with results. Will see how markets react on the day and wether it warrants taking a position. GL Thursday

Materials and supply chain issues along with fluctuating cost were described as “challenging” which means they’re a problem this year for now in those competitors reports.

The easy gains on the stock markets have gone, companies now have to earn share price rises based on performance, profits, dividends and buybacks etc. RR will look a better prospect in second half of year if those above issues ease BUT ongoing war in Ukraine won’t help that. Everything depends on a persons timescales to take out profit, if you had a timescale of more than one year then I’d ask why anyone is here arguing as you’d do better spending time with your family and come back in a year or two. IMO

Dazpink
If you read one of the broker updates you’ll see they raised their share price forecast on the fact that ALL engine manufacturers would struggle this year with material and supply chain issues along with fluctuating costs. Based on that assumption it was seen as a positive that airline companies would have to maintain existing aeroplane stock this year thus benefiting RR on it’s engine maintenance contracts. Based on the above it was one of the main reasons Boeing, GE and Raytheon share prices fell on day. Material and supply chains along with fluctuating costs remain a big issue this year. Boeing put in what looked like good results but fell 5-7% on around opening bell if memory serves me right. Pulled that back once it was priced in within a week. Unless RR pull something above expectations it’s heading the same way as its competitors did on the day.

Boeing, GE and Raytheon (engine competitors) all fell into the red on the day of their own results and remained red on the day. Same companies recovered in the following week once all the bad news was priced in along with the good including forecasts. Materials and supply chain issues remained an issue for all three and not gone away along with fluctuating costs. RR will likely follow the same route unless they can pull some big surprise out of the bag. Boeing and GE posted what looked on the face of it good results but still got hammered on the day. I’d be surprised not see RR do the same on the day. All unimportant if holding long term unless you’re looking for a buy in price when all the bad news is priced in. GL

Sometimes markets need to price in all the bad news so that will come Thursday for RR. Once that’s priced in much like Boeing, GE and Raytheon it can recover in the following days. Red inky is correct, RR much like most other companies in the sector will be suffering the same materials and supply chain issues outlined by their engine competitors in the sector. Why should RR not suffer the same fate as their competitors results on the day?? Materials and supply chains remain a problem for most manufacturing companies for the foreseeable along with fluctuating costs.

Have a look at centrica as they raised div and buybacks again yesterday so plenty left in the tank. Read the broker updates there as they’re cash positive and all good. Shorts closed positions. Only real risk is government intervention or interference on energy companies posting such profits governments will be restocking supplies for next winter through the summer so don’t expect big falls in commodity prices this year. Commodities are safe place to be at this moment in time.

Wilfitt
Markets are down because the Americans had bad inflation data yesterday. The data basically was interpreted by the markets that the central bank has further work to do this year and will keep interest rates higher for longer. ECB have also indicated they’ve not finished raising rates yet. The uk will follow what other central banks do. Ftse100 has been up on energy company gains recently, yesterday was centricas turn and posted great results, profit, raised the div and added more buybacks. Those results helped the ftse100 yesterday. Shorts closed there yesterday and broker updates are in general outperform, buy or overweight.

RR will be red on the day of results and follow Boeing GE and Raytheon route but we shall see on Thursday. “RR will be red on the day of those results IMO “

Sophie
Correct. Rising interest rates environment means debt is magnified. I can’t see them being anything but ordinary in those results so like Boeing, GE and Raytheon etc will drop on the day. CEO’s comments may well reflect RR inherent issues for sometime to come as it won’t be a quick fix. RR results won’t be near those posted in the above for mentioned either so may be a painful day unless they can pull something big out of the bag.

See you after those results get posted…bye for now boys

Here we go again with same old-same old when someone has a different opinion. Same guys/guys come out on the attack with no reasoning to their defence. Are these two the same guy as the seem to work as a team. Heaven help RR with these two defending it as I worry for the outcome :(