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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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26734825 No.26734825 [Reply] [Original]

Considering dumping a lot into RR.

It feels like it's being looked at solely as an aerospace company, hence the low price.
But in reality it's a broad engineering company. They're in defence, automotive, marine, and now getting into nuclear power.
And even then; air travel will be returning to normal before long, and when they do, the planes will need to get serviced.

What do you think?

>no I'm not buying gamestop

>> No.26735123
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26735123

>>26734825
I think it's a great play. I've been buying in every week while I'm still in the red. You'll certainly be in a better spot than I am if you decide to buy in now.

>> No.26736666

>>26735123
>if you decide to buy in now.
Problem is, I'm getting a ~£2000 bonus from work in 2 months, and really need to keep the cash I've got until then.
Might just sell off some of my non-recovery stocks; don't want to miss the boat...

>> No.26736919

this is a great long term play. the UK gov is not going to let it go broke, so basically the play here is to accumulate before the inevitable pop

>> No.26737346

They are getting fucked over at present with the loss of their aircraft maintenance income but should turn around soon hopefully with the vaccine situation.

>> No.26737760
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26737760

>>26737346
That's what I'm thinking.
Over 10% of the population has gotten their first dose already.