By Chris Bailey | Friday 7 August 2020
Disclosure: I own shares in one or more of the stocks mentioned. 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.
Last month I observed that investors in aerospace engines and military supplier Rolls-Royce (RR.) should ‘gird your loins to be tapped for an additional contribution to the coffers’ and noted there would be a lot of homework analysis for investors to be undertaking in late August when the next set of numbers is set to be declared. Well it seems that West Coast activist investor ValueAct does not have the patience to wait as it has dumped its entire holding to crystalise a massive loss. Activist investing is not always a one-way route to profitability…
Already a subscriber? Click here to sign in
This area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.
Search ShareProphets |
Stock market news |
Recent Comments |
Site by Everywhen