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Buzz, My guess is you'll need to watch closely. Looking at the behaviour of this share over the last 18 months in particular, it's trajectory is up and the sentiment around the results (little bit of v g news leakage) and you have to choose your jump in point. I purchased another 12k shares this morning, wish that little chunk of funds had been around this time last year!
Good question. This time last year we got a slightly early view on the numbers, the resultant bump (like the last few days) turned into a significant climb, as it did in Oct/Nov last year. But who knows if this is the case this time. Depends on the rest of the details we'll learn on the 22nd I guess. But as a trading junior I know nothing
Iberia and Level could be dragging down the numbers ? Air Lingus and BA are the only real profit makers in the equation. IAG used to track RR quite closely from memory due to the long haul association. RR flight hours are well up I understand, there's hope?
Rheinmetall have just confirmed they are building a new munitions factory in saxony, full spectrum production of 200k shells per year, total German production 700k PA. It's a private venture as they foresee the need to overproduce to replenish the empty storage facilities. I can't quite see BA doing the same or the UK government signing off the bill, but lets hope other countries sign a contract at the very least.
Even MF is saying it’ll go higher today, though I’m sure they’ll change their tune in an hour or so
https://uk.finance.yahoo.com/news/197-rolls-royce-share-price-075500085.html