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Yep. Still in. Short term it has been a roller coaster but long term prospects look good. I'm holding and sitting on a decent return since investing (20%+). ITP sale is imminent (or at least announcement of an agreement) and there is an outside chance they will win the bid to refit USAF B52s (one of three bids). Business has been streamlined and the ITP sale will significantly reduce borrowing costs. In terms of ethics, they've just successfully tested an electric plane (spirit of innovation) and are trialling engines using Sustainable Aviation Fuel. The flip side is they will be involved in the Australian subs contract. I think the rise to 130p is a correction following US routes opening up again rather than another bubble.
I don't mean to crash the RR and airline sector party but I feel compelled to say the only thing worth investing in at the moment is AMC. Get in now before the mother of all short squeezes (MOASS) happens without you. I'm not going to justify this opinion, as there is so much information already available online to justify it. I have been "all in" on AMC since late May, having made reasonable money on the likes of Moderna, Bionano Genomics and others (not RR!) in the past. This is more than an investment, it's a movement to level the playing field and bring the hedgefunds and market makers down.
Good luck with that
Can’t give opinion on AMC but you know that a good portion of hedge funds are on your side of the trade and that retail volume is basically insignificant. Retail investors are mere pawns.
AMC
You got in in May, when it was around 10 dollah. You now want us to go in at 40 dollah.....
Erm, no.
AMC is very different, retail investors (the so-called "apes") own 80% of the float, with institutions holding the rest. ORTEX data shows the short interest is now over 20% with 105 million or so shares short and those are only the ones we can see. 60%+ volume is routed via dark pools, naked shorting has been rife, there are an unknown amount of synthetic short shares as well as the 105 million that will need to be covered. If the apes continue their "buy and hold" strategy the shorts won't be able to cover until the apes decide to sell, pushing the price higher and higher, along with gamma squeezes (on the most highly traded derivatives (call and put options) in the market) and FOMO... I'm starting to justify it when I said I wouldn't!
Even if you aren't interested in putting any money into it it's very interesting and will likely go down in history.
I'm not telling anyone to buy anything, I'm just trying to raise awareness. That being said, $40 is cheap, if you believe that the price could potentially go to 4, 5, maybe 6 figures if/when it squeezes. Do your own research and make up your own minds.
Meme stocks? I'll pass. Enjoy the free money bonanza!
6 figures? I'll use my profits to buy some of whatever you're smoking
(And I write that as someone who already has a small position in AMC)
Didn't realise retail owned so much, thought it was another Gamestop with Blackrock behind the apes. Vanguard and Blackrock are the largest institutional shareholders of AMC. Will grab some popcorn and watch from the sidelines. Will certainly be interesting with Top Gun, Mission Impossible and James Bond all awaiting release.
I put 50 quid into AMC at $30, doubled my money and ran away. I don't think I'll be jumping back in again.
Don't know if anyone follows Doomberg - generally tends to the pessimistic side but is always an interesting read. Here's his take on AMC, which is very negative indeed. But then again, it's a meme stock - who knows what will happen.
That being said, $40 is cheap
No...
Look at the business model of AMC, what industry its operating in and what its historic value is.
Long term it'll drop back to $10
In the short term you could get lucky and make some money if your timing is right, but there are going to be a lot of smaller investors who are going to lose out when they decide to cash in a $40 stock that has an intrinsic value of ~$10
is exactly what the "experts" said about Gamestop 🤔Look at the business model of AMC, what industry its operating in and what its historic value is.
No…
Look at the business model of AMC, what industry its operating in and what its historic value is.
Long term it’ll drop back to $10
AMC is no longer a fundamental play, it's a short squeeze play. Their share price isn't based on it's fundamental value, it's purely psychological. Having said that, their fundamentals are better than ever and they're growing very healthily.
East Imperial (EISB) has been good for me since I bought at 10.4p on July 21st. Sold just under half on September 14th at 19.9p and banked 90% of my initial investment so will leave the rest to hopefully grow. Not for the feint hearted and details are sketchy but they seem to have a good niche from which to chip away at Fever Tree's market.
Interesting…
Ooh hello again.
Was thinking about this thread as my shares tanked this last week 🙂
Thankfully I ditched some RR at 140 or so, so might buy back in if they go down to 83p again tomorrow.
Especially in light of sillysilly's post
What do you all use to do you trading? Is there an app or something?
I use I-web, £5 per trade.
Freetrade and trading 212 are two of the most popular ‘free’ trading apps in the UK. I’ve used both for ‘fun’ trading. They are free at the point of use - they obv make their money in other ways.
I can send a link and we both get a free share (in a random company)
The gov's energy strategy could be good news for RR with their mini nuclear reactors.
I had a £3k punt at end of last week buying at 101.5p; not short term so it's invest and forget.
In early days of Russia's invasion of Ukraine I considered buying BAE so placed a kill or fill order at 3% premium to last closing price; order was killed as opening price was up 8%.
Felt a bit grubby trying to buy defence shares but that clearly didn't stop the pros.
Right. I've signed up to free-trade and I'm having a play. Addictive this!
Netflix. What do we think?
There's talk of the subscription services about to struggle. With the increased living costs frivolities like streaming are likely to be dropped by customers.
Netflix. What do we think?
Still over valued.
Continues not making a profit and will continue to loose subscribers as the cost of living goes up, and people cut back on non-essentials.
Also be wary of buying shares that are traded in a foreign currency.
Share price could go up, but its wiped out my currency movements (and transaction fees)
Share price could go up, but its wiped out by currency movements
Or you could get double-bubble if the FX rate goes in your favour
So, how's everyone doing on their investments?
My Rolls' is down 27%, but doing spectacularly well compared to the £4 grand I lost on Cineworld!
My policy of "what goes down must come up" seems to have been a tad flawed.
See also Intu, Assos, Carnival, THG and Vestas Wind, many of which are down at least 60% 🙂
Weirdly enough despite the above shitshows I'm still just about even, god knows how.
I've not dared look at my pension info, but get the impression prices have dropped a bit recently...
Anyone feeling brave enough to share how their pot is overall?
Also interested if anyone is buying big at present. My head says it makes sense, but I'm recoiling at putting anything in at present given that things could well get even worse.
35% down on Tesla
25% down on Boeing
39% down on IAG
60% down on Palantir
50% down on RR
Anybody want any share tips?...😅
Bit more details, just for shits and giggles:
77% dowm on Asoss
71% down on Boohoo
95% down on cineworld
63% down on Hut Group ('stards)
But the winner is.....
INTU Properties, on which I am down 100.00%
...there's always Crypto! 🙂
when they were rock-bottom post-lockdowns I was tempted having a punt as things were looking up a bit, few big releases coming (James Bond, etc). Glad I didn't now 😂95% down on cineworld
They did bounce quite nicely for Bond, but numbnuts here decided it was the start of a new dawn, and so didn't sell.
Then they went chapter 11☺️🤔🤭
don't worry, you're not alone - the local council here decided to invest millions of taxpayer money in a big new (luxury) cinema complex, despite the entire industry obviously being on life-support at the moment. Not a resounding success so far 😂but numbnuts here decided it was the start of a new dawn
S&s isa
barclays +44.74%
Lloyd's +21.26%
shell +134.43%
doing OK, but lost a lot recently wish i had more to invest.
decent dividends reinvested too
not looked at my s&s pension for ages, its in various UT, I imagine it's tanked
shell +134.43%
That's seriously good timing buying at around 990!
lockdown panic selling dip when no one was using fuel
both lloyds and barclays haven't recovered as much as I expected
I said on another thread. This mini-budget chaos is another good time to be grabbing stock you plan to hold onto.
Well thats my view anyway
I nearly had a punt on Cineworld, glad I didn't.
Haven't looked at share prices of mine for a while just reinvest the divs as they build up.
After c 5 years the cumulative divs far outweigh any capital losses. With decent interest rates I 'll divert divs into savings accounts. I have a few of the teaser loyalty accounts paying 5%.
Good luck, stay in for the long term.
Eve aerospace up 27% for me
Itv and centrica down
Vast majority of my investments are in low cost trackers so not getting high volatility e.g. iShares World ETF is down 6.43% year to date. Average returns with lost costs is my long term strategy.
RR now at 99.27p so...nearly back to where they were 10 months ago.
I anticipate they will fall back on profit taking but the upward trend of last 2 months is encouraging.
Healthy gains so far this year. Still feels a little undervalued at 109p - especially when you go back to first post here. Regret not piling on at 66p now of course. I'm in for the long haul so might drop a few more quid on them.
In HoC yesterday, johnson commented that small modular reactors should be part of UK's energy mix.
Did he have RR in mind?
Yes
Is today the day to sell? 🙂
Options are:
1. sell today, take profit, miss out on continued recovery
2. buy more in anticipation of further rises and eventual return of divi payments
3. do nothing
For me, 2 or 3 are the only options; 3 at present so...wait and watch to see where the share price settles over the next few weeks and probably buy more if that level is 115-120p.
I think today's trading volumes will be high - a combination of profit taking and buyers getting in based on FOMO.