With the release of the ultra sexy new car āGhostā by RR and the huge drop in share price today - curious to see what people think?
Personally Iām all in with RR at the moment and for the foreseeable. Even stopping dividends hasnāt 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 futureā¦
80p damn!! Best saves some money aside for that potential nose dive!! Iām hoping theyāll be wrong.
I just wondered why theyād hit their biggest dip when theyāve released positive news. I guess thatās the volatility and total unpredictability of the market.
Lost billionsā¦but itās not stopped them having a swanky new image/logo boost thatās been MONTHS in the making. Guess I know what my money is being spent on.
Iāll stick by them but will quit topping up (for now)
I know itās bad for themā¦but eventually theyāll come back from this.
Could I have invested that money more wisely in hindsight - hell yeah - Iām here for the long long looooong now sentimental shares. No regrets (yet!)
Also donāt BMW own the Rolls Royce brand? Just wikiād 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.
As someone mentioned the car side is owned by BMW. As with everything we sell out, we are cucks, anything decent like ARM we allow it. We need to grow some balls and protect our industries.
Yes completely separate from the German BMW āRolls-Royce Motor Cars Limitedā, I donāt know if you meant to reply to me.
I think @CeeGee knows the stock is just the British aviation side, or maybe not.
Reduced air travel, dodgy engines, and begging for billions to stay alive. Already Ā£2b debt, asking for another Ā£2b from shareholders and another Ā£1b on top.
I bought into RR for the aviation side of things and I do believe they will have a come back but my god not for several years! Theyāve been hit disgustingly hard
The GHOST thread was for viewing the sexy new car launched.
Itās been a sentimental hold (my dad built plane engines for them for a loooooong time!) but the way itās plummeting now has taught me a HUGE lesson, take sentiment out of things in the stock market. The market doesnāt give a about sentiment.
I havenāt sold and will continue to hold (not much choice) if it falls to 80p which is looking more likely than ever Iāll average down.
I canāt see them going anywhere but I think itās going to be a long time now until I see any money back or who knows what will happen. Just going to keep my eye on it now. Iām not stressed as itās not a life changing amount I have in with them but itās money I perhaps could I used elsewhere - GGP - cough cough.