Assess RR share price history. View the open price, closing price, historical highs, lows, changes and % change of the Rolls-Royce Holdings stock price for the selected range of dates. The data can be viewed in daily, weekly or monthly time intervals. At the bottom of the table you'll find the data summary for the selected range of dates.
If the UK tips into recession (yield curve inverted) expect this to drop to lows again
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Noted. But I would put money on a rights issue at the annual results in Feb. RR has got to generate enough cash to maintain cutting edge R&D and without borrowing more (the days of free money are gone).
4
I would not worry about a short term dip just because the new CEO has pointed out how crap upper management is, and is demanding changes. Its called having the balls to lead. And as they become more efficient, it leads to a more profitable company which benefits us shareholders. So quit the doom and gloom.
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I think the market calls it 'kitchen sinking'. A new CEO throws all the dirty stuff (the bad news) into the sink (the open), before he/she can be blamed. In theory then the only way is up.
1
I hope you're right about the only way being up, but my heart sunk this morning reading the CEO comments .
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Ultimately the CEO is accountable for the corrective actions to their observations. He is not out of the woods yet.
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It was fun while it lasted I suppose.
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So do you wait until end of Feb for annual results, or buy in (or add) now and risk a rights issue or reiteration of how CEO sees things? I don't see much upside for now, so it could mean buying on share weakness (again!) ?
0
Well, new CEO has made his mark! Allegedly told staff RR is 'in the last chance saloon '. I take that to be a kick in the backside for staff and a pushback against a lazy culture hiding behind R&D and the technicalities of the business. A bit hard nosed and unnecessary I think. But that approach could also mean he is not afraid of upsetting shareholders with a significant rights issue to get the finances for R&D right. So 'brave, brace, brace'!
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The thing is, as the new CEO what you really want to do is release a statement saying how much trouble the company is in, that'll do wonders for investors confidence!!
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Think he's doing the right thing, has the balls to call out the weaknesses and areas in need of improving. Ultimately leads to a more prosperous company.