This post has been de-listed
It is no longer included in search results and normal feeds (front page, hot posts, subreddit posts, etc). It remains visible only via the author's post history.
There’s no way Rolls-Royce (RYCEY) is going to stay this low. It is down something like 80% since the start of the pandemic. Also, a recovery has nothing to do with a potential buyout.
The UK is expanding its defense spending with a specific focus on maritime power:
https://www.cnn.com/2020/11/18/uk/uk-military-budget-increase-intl/index.html
Who makes reactors and engines for the UK’s submarines and ships? Rolls-Royce: https://www.rolls-royce.com/products-and-services/defence/submarines.aspx
https://www.naval-technology.com/contractors/propulsion/rolls-royce-propulsion/
That’s actually one reason why there won’t be a foreign acquisition of the company, the company is too important to the UK’s military.
The UK is also expanding its nuclear power infrastructure, which is again a domain of Rolls-Royce:
https://www.nytimes.com/2021/11/09/business/rolls-royce-nuclear-power-uk.html
Rolls Royce also has a luxury EV project hitting in 2023 on top of everything else.
This all looks good to me, since the stock is $1.35 now and was over $10 like 2 years ago and has so many good things coming for it. But the stock has no options, so I guess I’m banned.
Edit: Oops there was a 50% dilution in share price during COVID, so betting on a recovery would be more like $5 not $10 a share.
Subreddit
Post Details
- Posted
- 2 years ago
- Reddit URL
- View post on reddit.com
- External URL
- reddit.com/r/wallstreetb...