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Wow down to 180! Anyone thinking now is a good time to pile in?
Erm, as the full thread so aptly demonstrates, my viewpoint on this is definitely one to be ignored 👿😈😫
I did indeed buy more each time it repeatedly dropped to "never previously seen " levels.
But now I've run out of money to continue doing so. 😄😃
Good money to be made for the active trader on this one.
I’m buy and hold and not one to double down into a losing position. 16% down right now. Within my current risk range for what is essentially a gamble.
It’s a shame - I wish the management could raise funds like a US team. Challenge for all UK co’s. In US random surfer dude can literally raise near a billion for fancy offices (WeWork) more for car co (Tesla). Think with the IP and ability to execute what RR could be with some half decent management with vision and ability to raise large funds for R&D.
Dammit - I’d be interested to see what Hope could knock out given a billion.
Meanwhile in US co’s trying to bid more for stupid twerking app tik tok.
"could be with some half decent management with vision"
I'm interested in what this is sourced from?
If you'd bought Tesla instead of RR...
160 this morning. Nearly a 40% drop since the OP
Slightly off topic but I've been dipping a toe in to managing my own S&S's with the Freetrader App. Aside from investing in Apple (new iphone), Tesla (just because), Sony (PS5) I've also put some cash in to Cineworld with my thinking being a) its cheap b) there is a raft of new films waiting for release c) one day life will **hopefully** return to normal and cinemas will be rammed. Am I delusional or could it be a good long term bet?
Cinema... How quaint.
I wouldn't base my investing on some due to be released Hollywood blockbusters....
Cineworld is an interesting one! Just looked at the most recent box office figures (all cinemas) and it's higher than I'd have thought... £2.7M total weekend sales. How much they keep rising depends on wave 2/further lockdowns I guess! If the share price returns to even half of what it was pre-covid you'd be laughing. I guess they could go bust before then but they've weathered the storm so far, haven't heard any rumblings about them being in trouble?
“ Slightly off topic but I’ve been dipping a toe in to managing my own S&S’s with the Freetrader App. Aside from investing in Apple (new iphone), Tesla (just because), Sony (PS5) I’ve also put some cash in to Cineworld with my thinking being a) its cheap b) there is a raft of new films waiting for release c) one day life will **hopefully** return to normal and cinemas will be rammed. Am I delusional or could it be a good long term bet?”
The data would suggest the overwhelming majority of amateurs are better off investing in global passive funds.
It doesn’t fulfil the criteria of ‘getting rich quick’ or excitement tho.
I don’t pick many stocks, the ones I do have done appallingly (including the subject matter of this thread).
I’m sticking to funds 🤣
It's very amusing that people think they have the market beating inside knowledge of the PS5 being launched!
This thread should be essential reading for anyone who wants to loose their shirt. -10% today. I do feel for the OP.
10% today. I do feel for the OP.
Nah you don't. And neither should you. I knew when I opened it that there was a good chance of it going south. In which place it would be a good Schadenfreude Gelegenheit If nothing else.
And so it has proved.
Can anyone lend me some cash? I absolutely know for sure it can't go down any lower 😜
It's a dead cert. We can't lose.
It’s very amusing that people think they have the market beating inside knowledge of the PS5 being launched!
Sometimes though, obvious stuff is obvious. See the FAANGs at the start of lockdown, Bloomsbury when Harry Potter mania was in full flow, etc.
the generalist, great to hear you are still with shirt and providing us all with a very balanced and self effacing reflection. Chapeau. Keep posting.
oooof 143 today, still not bought in yet.... watching and waiting........
I can't imagine engine leasing is helping them in the current clinate.
I'm quite proud of myself actually. On about four successive days I have resisted the Oh my god it surely can't go any lower can it urge.
Need to stay strong. Hold out for £1.00
On a side note since someone has bumped the thread... Is anyone up since April on other shares? Noticed various people on other thread posts from around a month ago saying they were 15% up or thereabouts.
I was too, but am now about6% down since April and just wondering if it was a general trend or just my woeful lack of acuity?
I started buying LGITI about a week into the pandemic and drip fed a few years' ISA allowances (via transfers) in between March-May. That's still up 17%.
I've made some bad buys too though - VWHL and EDIN both down enough to make me wince a bit 😀
I bought a combination of trackers (FTSE 100, FTSE All Share, LifeStrategy 80 and LifeStrategy 100) from Vanguard between 3rd and 17th March 2020. I sold my way out between the 20th March and 1st June 2020 and realised a 2.7% return.
The money that I invested is now all in cash, I can't help but think that the markets will fall again at which point I'll be reinvesting.
On a side note since someone has bumped the thread… Is anyone up since April on other shares? Noticed various people on other thread posts from around a month ago saying they were 15% up or thereabouts.
I was too, but am now about6% down since April and just wondering if it was a general trend or just my woeful lack of acuity?
Yep, my biggest holding SMT is up since April 2020. It's been so successful, probably about 25% of my pension is now SMT.
Sounds ideal.
My Aviva is up 19% but alas it is about 0.005% of mine so utterly useless.
Sorry, that sounds like dick swinging. Just to clarify, I have one Aviva share, yes 1.
I kept 1 after I sold the others to make it easier to see prices on the main page and judge when to buy back in.
( Or in this case watch the price soar away just after I'd sold the rest 😈😫🤔)
This is going so well. Not idea why I didn't do this years ago.🥵🥵🥵
I bought 10 shares in Boeing at $104.
I’m up about 50%.
I got asked if I wanted to donate to charity when paying for fuel today. I was like Pleeaaaase, have you seen the Rolls Royce share price, do you and the rest of STW want to donate to my Gofundme 😂
LOL at silly silly.
So, thought I might as well get this in the open again before some other £_&£# does 😉
So for every 3 shares I have, I can buy 10 more at a price of 32p...
Or can I buy 7 more at 32p to make a total of 10....
Which is it?
Can someone explain before I lose loads of money.
Actually, too late for that😈😫🤔
But explain anyway.
Looks like it's ten more to make thirteen
So to speak.
So for every 3 I have at £1.30, I can buy 10 more at 32p. Which would give me 13 shares costing a total of £7.10. which equates to a new share price of 54.6p
10 of which I would be getting at 32p ( the offer price) which is 41% less than 54.6p, which matches what the Torygraph says the discount is.
IZZAT right?
The generalist - that’s what my calculations have it at.
Are these rights transferable?
Has that been announced?
So for every 3 I have at £1.30,
£1.16 and counting..
Moses basket! who's lost the most £££ so far then? still waiting for the bottom till I jump in
-£2,558.86 is my loss so far....
But it's early days, I'm sure I can almost double that 😃🙄
down another 10% today - 105 means its lost 90% of its value in ~2 years. Ouch!
How to make a small fortune - start with a large fortune and buy RR shares.
On the way up today, but for how long?
Brother in law works at a plant designing & producing all sorts of rubber seals and suchlike, mainly for aero and train markets, some ferries etc.
He thinks that it's 18mths-2 years before aero is back up properly, that's being optimistic.
And for much of that time they are predicting grounded planes.
After the groundings though, a boom as everything gets refurbished...
I bought a few shares when I thought they were at their lowest (silly me) but decided to keep them for now. I've got a notice there's Rights Issue the end of the month, something new to me, the upshot seems to be as a share holder the right to buy newly issued shares at reduced rate, sell the rights to those shares or do nothing and risk current shares being diluted - fancy way of saying losing more money. Am I about right? What does STW (Soros Track World) think?
When is the ex- date on the rights issue? I inherited a small amount of RR shares (at 958p per share), but have tripled my holding in them by buying at 135p today, at a fraction of the original price. They seem to be rallying somewhat, closing at 150p
Well, that was worth a punt for the last 2 days.
This is quite the rollercoaster. It’s better than Tesla for anyone that went in last week 😂
When is the ex- date on the rights issue?
"Rights are expected to be issued to eligible holders on 28th October 2020 on the following basis;
10 rights for every 3 ordinary shares held.
Holders will then have the option to exercise those rights on the following terms.
Exercise 1 right to receive 1 new share at a price of GBP 0.32 per new ordinary share.
Alternatively, you will also be able to sell your rights or do nothing and let the rights lapse."
WTAF !
246p
I know!
26% up in 75 minutes
Wish I'd stayed in now. Started the week buying at 121, got out at 151.
@thegeneralist how is your pot looking now?
Chesh...
Hmm. Can't work out if my glass is half full or half empty. My dashboard was showing a gain of ten percent on my holding overall, which would be great.....
BUT that doesn't take into account the fact that I ditched 30% of my holding earlier this week when it passed through the 135p mark.
I saw them jump 25% that day and figured I would sell and get back in when they fell back down.
But of course they didn't, they went UP another 100p.
But keep it to yourself though. Don't want anyone else on the thread ripping the piss out of me. 😜
Part of the reason I sold some was to get some money to exercise my rights on the new issue. I'm trading in my ISA and didn't have enough cash left to buy my allocation of 10 for 3 for my full holding. So I sold some at 135 on the basis that I could buy at the 32p discount price during the rights issue. I think that was a reasonable approach, but TBH I don't really know.
Interested in opinions....