I am not quite in agreement with your "suck stock" rating. On the medium to longer term RR will come shining through, especially when production starts for the new reactor rocket/jet engine Sabre.
Not sure this post aged well.
About the Author
John Aldridge
4 comments
Old ManFit
I think RR will recover eventually, its just how long to achieve a recovery and if the recovery beats other stocks that might offer a better risk return when looking at the market right now. More than anything it could be a takeover/merger candidate from a US firm with a incoming low £ value, before the end of next year. I don't hold, but how low can it go 80p?
At the end of the day with all the IP RR holds at somepoint it becomes a cheap buy for a foreign firm, needs to be US firm and not Chinese. Personally BAE is my bet as it wont cause a political storm.
