Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Fantastic results. Should be back above 110p today, then 130+ within the month with ITP finalised.
Yes this has a lot of lost ground to catch up on. Looking very strong now in the new trading range.
Should see the 110-120 range now from here onwards...positive momentum building.
Fantastic - Glad I ignored the doom and picked up more yesterday!
Inky always is pessimistic in the short term predicting wild drops but long term bullish! The recovery is on, some shenanigans with the SP but news is more positive each day through this recovery RR is stronger. Have added through these dips.
I think will soon establish a new range above 110p. The 90s are gone and rather than the bloodbath some expected the recovery is on!
They don't want to get caught out with the indian variant, but fortunately the data suggests it's not as worrying as feared. I think there'll be mounting pressure for the UK to add to the green list. Certainly looks like europe will be trailblazing the way to reopening rather than the UK sadly.
FTSE looks to have reversed in which case this is a great entry price. Still expect to see a good blue day here
Look at the bigger picture, EU voted to relax travelling and quarantine rules for vaccinated and those from low-risk countries. The UK amber farce is small in relation to this. RR is mostly tracking the FTSE and wall st. but the aviation news is positive.
Cannot understate the importance of the transatlantic reopening with Europe- this has no place being less than 110p let alone sub-100p. Frankly those hoping for 90s are deluded or worse for them, shorting. I expect a big blue boost today, lots of happy news.
Impatience can be very costly. You go through the pain of holding with no hope in sight, then sell and watch it march upwards. RR is in a better place here than when it was at 130p so this level is very good IMO.
If that article was about UK air travel we'd probably have a double-digit rise! Too much bias on UK when much more exciting stuff is happening with reopening of US and Europe, especially Germany as was posted earlier. EU voting today on derestricting travel for vaccinated, including non-EU.
I think 180p is achievable, but not this year. Maybe 150p. That said, I didn't see IAG hitting 220p from 90p.
Yup. Certainly a strange one. I sold out of IAG way to early so am not making the same mistake again. Slow burner but it’ll get there!
Well. Looks like that was the dip, picked up a few extra cheap ones. How we are red today is beyond me.
Good update - in a normal market should be a nice blue day but there's a few jitters in the main markets. I think it's a good buying op, have also added to FTSE100 today.
Some great momentum building here! I think ITP news could give a 10% rise, not at all priced in. Should be a lot of positive news through the summer and perhaps some rising in anticipation of the military bids...
Yes, hopefully common sense will bring US onto the green list that'd be a massive boost. My gut feel is they'll delay it, but let's be optimistic!
Solid snake, there's quite a few on here who are subtly trying to pull RR down for their own agenda. It gets quite tiresome to read and have filtered most including inky and CW and it's not worth engaging in conversation as they're not providing balanced views, just negative propaganda. Thankfully the SP wasn't 'tanking' on open was it. Good to see a strong blue start.
Is that what made it go vertical? :D