Rolls Royce - GHOST

With the release of the ultra sexy new car “Ghost” by RR :drooling_face: and the huge drop in share price today - curious to see what people think?

Personally I’m all in with RR at the moment and for the foreseeable. Even stopping dividends hasn’t deterred me from sticking with them. There my only UK car/engine company stock that I hold.

Be keen to hear others takes on the business and what you think about the new car and RR future…

Was surprised to see such a dip today…

Isn’t it down because they’ve lost many billions in 2020 so far? No air travel and fixing that dodgy engine.

It’ll go under a quid in my book. :grimacing:

Edit: 80p target by JP

80p :see_no_evil: damn!! Best saves some money aside for that potential nose dive!! I’m hoping they’ll be wrong.

I just wondered why they’d hit their biggest dip when they’ve released positive news. I guess that’s the volatility and total unpredictability of the market.

Lost billions…but it’s not stopped them having a swanky new image/logo boost that’s been MONTHS in the making. Guess I know what my money is being spent on.

I’ll stick by them but will quit topping up (for now)

I hope it’s wrong and it turns around but I think the negative outweighs the positive for now.

This was last week…

https://www.google.com/amp/s/www.standard.co.uk/business/rollsroyce-reports-54-billion-loss-following-covid19-disruption-a4534191.html%3Famp

And things like this haven’t helped

https://www.google.com/amp/s/amp.ft.com/content/8d96dc32-dc70-408b-8739-9b84671b5670

Going to give this a good read after work. Thank you.

Oh, I thought u bought a Ghost with your T212 shares or smth :grinning:

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Oh yeah…they do a toy version right? :roll_eyes:

@phildawson is absolutely right, RR is hit harded than the airlines, even without the glitches in their engines.

in this game of dominos Airlines -> Boeing/Airbus -> RR

Can’t assess the 2nd article.

I know it’s bad for them…but eventually they’ll come back from this.

Could I have invested that money more wisely in hindsight - hell yeah - I’m here for the long long looooong now :crossed_fingers:t2: sentimental shares. No regrets (yet!)

Also don’t BMW own the Rolls Royce brand? Just wiki’d them to check and see the link.

Just glanced over the RR financial statements and there is no mention of Automotive Revenue whatsoever. If you own them for their cars time to re-evaluate.

I mean their cars are gorgeous (personally I love them) but I own for aviation.