I've got 3400 shares of RYCEY for a long term investment.

Is Rolls Royce doing much activity on the commercial market these days? They were trending badly even before covid. What are the up to now that will bring the ship around?

This post was edited by SBD on Sep 21 2021 11:10am

At the beginning of the year they secured a $170 million contract with US military to develop engines and aircraft. Product to be finished by end of 2022.

Another recent contract signed for a small $1 million with US Navy for research

Invested $600 million in August at one of their locations in Indianapolis

There was a deal to build propellers for the Navy in India

I dont expect anything huge to happen any time soon. The fluctuate from $1.40-$1.60 for awhile now. Precovid they sat between $15-10.

Rycey been so stagnant will probably explode tho someday, they clearly putting in work

TLSS

Just googled it and having a P/E of 3 is definitely interesting. If they have a stable business to keep that up and plans to expand this could be a great time to get in.

and that's after a 9% dividend. Hmmm. Definitely something I'm going to start researching.

This post was edited by NetflixAdaptationWidow on Sep 22 2021 12:07pm