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Rolls Royce at 980p: you have been warned. Now watch for the buy signal.

By Robert Sutherland Smith | Wednesday 19 February 2014


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


'Catch a falling star and put in your pocket’. Is that appropriate advice for Rolls–Royce (RR.)? The shares have plunged nearly 25% in five weeks, following a warning that its military aerospace profits would fall 20% this year to 31 December 2014. Even so, the further they fall, the more attractive Rolls-Royce’s valuation looks.



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