Latest Views & News

Still a Rolls-Royce believer

By Chris Bailey | Thursday 5 August 2021

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.

Back in March I asked the question ‘do you feel lucky…Rolls-Royce (RR.)?’ as ‘for a lack of profits/cash flow even this year, this one remains a long term stick the shares in the bottom of your drawer play’. I admitted then that I remained a holder on the basis of its airline engine, defence and even ‘being a player for low-carbon civil aerospace solutions’ over the next decade or two. But, reflected by the massive share price fall since early 2020, it has a lot of debt and correlation with the COVID-19 impacted world. So whilst Rolls-Royce shares are a few pence down from their previous level and March (and only a few pence up year-to-date), there is a little bit of positive progress in today’s first half numbers.

Premium content is for paid subscribers only
ShareProphets is reader-supported journalism

Become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.

Filed under:

Subscribe to our newsletter

Daily digest of our latest stories.

Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was



The ongoing saga of woe at Saga



The ShareProphets Sunday Pub Quiz #160



Gyrations at Victoria Carpets



GOTCHA: admits it is fucked



Stuff happens but we are not stuffed



The ShareProphets Sunday Pub Quiz #159



Challenges continue at Ocado



Iconic Labs – back from the dead?



Pure Gold – Pure Ramping!

Sunday »


The ShareProphets Sunday Pub Quiz #158