Cycling UK Forum

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Cowsham wrote:By the way Rolls Royce shares are due a big bounce back -- not to previous highs since there's been some dilution but who couldn't see them double on the back of travel restrictions lifting.

Well I can't, for a start.

It's going to take several years for the air transport industry to get back to pre-Covid levels of activity.

Cowsham wrote:By the way Rolls Royce shares are due a big bounce back -- not to previous highs since there's been some dilution but who couldn't see them double on the back of travel restrictions lifting.

If everyone knows that's going to happen then it will already be factored into the current price.

Jonathan

Not sure its a benefit of living in the West Country (near Taunton) but the housing market is going crazy down this way. So many people seem to have discovered that they can work successfully from home that they are snapping up places like crazy. In Newquay places are being sold immediately without the buyer even viewing them.
We were looking for a period character property with parking within walking distance of a convenience store, bus stop, pub and dog walking spot. Very few properties around like this and the only one we found had had a surveyors report that read like a tragic horror story. After a couple of visits we decided to go for it and to tackle a lot of the allegedly £60 grandsworth of rectification work ourselves. Sold our present cottage in 4 days after 8 viewings. Went back to the property we are buying with the surveyor and as usual a lot of his adverse comments appear to be a bit of buttock covering. Still, we are lucky because his horror story put dozens of other potential buyers off. We have had an attempted gazumping attempt which was rejected. Its not unexpected but we expect to beat the stamp duty holiday and that must be a factor.

Al

al_yrpal wrote:Not sure its a benefit of living in the West Country (near Taunton) but the housing market is going crazy down this way. So many people seem to have discovered that they can work successfully from home that they are snapping up places like crazy. In Newquay places are being sold immediately without the buyer even viewing them.
We were looking for a period character property with parking within walking distance of a convenience store, bus stop, pub and dog walking spot. Very few properties around like this and the only one we found had had a surveyors report that read like a tragic horror story. After a couple of visits we decided to go for it and to tackle a lot of the allegedly £60 grandsworth of rectification work ourselves. Sold our present cottage in 4 days after 8 viewings. Went back to the property we are buying with the surveyor and as usual a lot of his adverse comments appear to be a bit of buttock covering. Still, we are lucky because his horror story put dozens of other potential buyers off. We have had an attempted gazumping attempt which was rejected. Its not unexpected but we expect to beat the stamp duty holiday and that must be a factor.

Al

Well done Al -- it's all about managing the risk which you've managed to do.

Jdsk wrote:

Cowsham wrote:By the way Rolls Royce shares are due a big bounce back -- not to previous highs since there's been some dilution but who couldn't see them double on the back of travel restrictions lifting.

If everyone knows that's going to happen then it will already be factored into the current price.

Jonathan

It's not without it's risks -- the government had to bail these boys out before.

Cowsham wrote:

Jdsk wrote:

Cowsham wrote:By the way Rolls Royce shares are due a big bounce back -- not to previous highs since there's been some dilution but who couldn't see them double on the back of travel restrictions lifting.

If everyone knows that's going to happen then it will already be factored into the current price.

Jonathan

It's not without it's risks -- the government had to bail these boys out before.

My primary shareholding was down to sub £3 at about this time last year

I kept my brave trousers on.

It's a bit higher today - by a factor of 5, and at an all-time high.

Am relief

(and a bit cross I didn't have the full courage of my convictions and buy more, but hey-ho)

DaveReading wrote:

Cowsham wrote:By the way Rolls Royce shares are due a big bounce back -- not to previous highs since there's been some dilution but who couldn't see them double on the back of travel restrictions lifting.

Well I can't, for a start.
It's going to take several years for the air transport industry to get back to pre-Covid levels of activity.

Rolls Royce obviously don't agree!
They're currently stockpiling our Steel due to uncertainties caused by Grensill going into administration.They currently have enough to see this year out and we are still banging it out for them.
As soon as all restrictions are lifted Air travel will be back to normal in a matter of weeks!
I don't know anyone who doesn't have a holiday abroad booked and transferred to later this year or next year!

I don't know anyone who doesn't have a holiday abroad booked and transferred to later this year or next year!

I don't, so take me off your list.

KTHSullivan wrote:

I don't know anyone who doesn't have a holiday abroad booked and transferred to later this year or next year!

I don't, so take me off your list.

I don't 'know' you

Ride-sleep-repeat wrote:

KTHSullivan wrote:

I don't know anyone who doesn't have a holiday abroad booked and transferred to later this year or next year!

I don't, so take me off your list.

I don't 'know' you

I am somewhat glad at that salient fact

KTHSullivan wrote:

Ride-sleep-repeat wrote:

KTHSullivan wrote:I don't, so take me off your list.

I don't 'know' you

I am somewhat glad at that salient fact

Non taken

I fancy Cyprus in November but think I'll park that in favour of next Spring. The thought of being cooped up in a metal cylinder for 4 hours a couple of times with who knows who fills me with horror. Beginning to appreciate just how much this damned virus has taken out of my decreasing life span.

Al

al_yrpal wrote:I fancy Cyprus in November but think I'll park that in favour of next Spring. The thought of being cooped up in a metal cylinder for 4 hours a couple of times with who knows who fills me with horror. Beginning to appreciate just how much this damned virus has taken out of my decreasing life span.

Al

My next door neighbour resides in Cyprus (mostly) she came over for a christening just before lock down and has been effectively stranded since due to complications accessing CV19 testing being a Cypriot resident. She runs a UK business and subsequently pays significant tax to the UK exchequer so got the buttock when she was told she had to pay for tests. Nevertheless, she was in for coffee (in the garden I must add) yesterday morning and was recounting the situation in Cyprus before she flew in. Apparently to leave one's house for anything other than essential shopping a permit was required. To be caught without one was a significant fine, she further recounted that some persistent miscreants had in fact been gaoled. I think the way things are going, postponing any trip overseas is the way to go. It would be an awful shame to sit on a paraffin pigeon for four hours to stare at the walls of a hotel room for a couple of weeks.

Had to laugh at something I saw on Reddit yesterday - something like, 'Offenders sentenced to year's home confinement have it easy.'