The Best Cyprus Community

Skip to content


Turkey is bankrupt

Feel free to talk about anything that you want.

Re: Turkey is bankrupt

Postby erolz66 » Fri Feb 24, 2023 3:07 pm

Lordo wrote:
Kikapu wrote:
erolz66 wrote:
Kikapu wrote:
erolz66 wrote:
rr.JPG


Are a possible steal right now but I don't do shares. Ill stick with what I know.

The problem with RR for the last 2 years have had many "dead cat bounces" enticing the reckless to jump in with both feet to find out they were jumping into quicksand instead. I do like their long term innovative prospects however and it may be worth taking a punt with them if I was willing to wait for 10 years to get a good return. Yes, possibly! :wink:


price then around £85 a share. Today , 6 months on £130 per share. Around 50% increase in 6 months. :wink:


Yes, the price of £.85 then to £1.30 today is impressive, except, 50% of that rise was made just today with good earnings results. No doubt tomorrow it will go down some due to profit taking if normal market sentiments holds true. Regardless, RR as a company should do well in the long term, especially in their future innovative electric powered jet engines, along with everything else they produce on renewable energy. :wink:

Than it is a good idea to sell now and buy back in a few weeks when the price is halved again :wink:


Its 140 now ;)
erolz66
Main Contributor
Main Contributor
 
Posts: 4368
Joined: Sat Nov 30, 2013 8:31 pm

Re: Turkey is bankrupt

Postby Lordo » Fri Feb 24, 2023 3:50 pm

erolz66 wrote:
Lordo wrote:
Kikapu wrote:
erolz66 wrote:
Kikapu wrote:
erolz66 wrote:
rr.JPG


Are a possible steal right now but I don't do shares. Ill stick with what I know.

The problem with RR for the last 2 years have had many "dead cat bounces" enticing the reckless to jump in with both feet to find out they were jumping into quicksand instead. I do like their long term innovative prospects however and it may be worth taking a punt with them if I was willing to wait for 10 years to get a good return. Yes, possibly! :wink:


price then around £85 a share. Today , 6 months on £130 per share. Around 50% increase in 6 months. :wink:


Yes, the price of £.85 then to £1.30 today is impressive, except, 50% of that rise was made just today with good earnings results. No doubt tomorrow it will go down some due to profit taking if normal market sentiments holds true. Regardless, RR as a company should do well in the long term, especially in their future innovative electric powered jet engines, along with everything else they produce on renewable energy. :wink:

Than it is a good idea to sell now and buy back in a few weeks when the price is halved again :wink:


Its 140 now ;)
It did fall from 1.42 this morning though
User avatar
Lordo
Leading Contributor
Leading Contributor
 
Posts: 21502
Joined: Wed Oct 05, 2011 2:13 pm
Location: From the river to the sea, Palestine will be free. Walk on Swine walk on

Re: Turkey is bankrupt

Postby Londonrake » Tue Feb 28, 2023 2:27 pm

Londonrake
Main Contributor
Main Contributor
 
Posts: 5786
Joined: Tue Dec 29, 2015 6:19 pm
Location: ROC

Re: Turkey is bankrupt

Postby Kikapu » Mon Mar 06, 2023 4:51 pm

erolz66 wrote:
Its 140 now ;)


RR still rising 150+ :wink:
User avatar
Kikapu
Leading Contributor
Leading Contributor
 
Posts: 17977
Joined: Sun Apr 16, 2006 6:18 pm

Re: Turkey is bankrupt

Postby Maximus » Mon Jun 12, 2023 8:36 pm

plebenstein, did you notice whats happened to the value of the Lira while wondering around in la la land?

Imagine if you lived in Turkiye or occupied northern Cyprus instead...
Maximus
Main Contributor
Main Contributor
 
Posts: 7518
Joined: Wed Aug 10, 2011 7:23 pm

Re: Turkey is bankrupt

Postby Maximus » Thu Jun 22, 2023 10:28 pm

Maximus wrote:plebenstein, did you notice whats happened to the value of the Lira while wondering around in la la land?

Imagine if you lived in Turkiye or occupied northern Cyprus instead...


its nearly 27 Lira to the Euro and 25 Lira to the US Dollar.

And according the some financial analysts, the currency is still broadly over valued in relation to the economy.

The lira has lost another 35% of its value so far this year.
Maximus
Main Contributor
Main Contributor
 
Posts: 7518
Joined: Wed Aug 10, 2011 7:23 pm

Re: Turkey is bankrupt

Postby MR-from-NG » Thu Jun 22, 2023 11:15 pm

Maximus wrote:
Maximus wrote:plebenstein, did you notice whats happened to the value of the Lira while wondering around in la la land?

Imagine if you lived in Turkiye or occupied northern Cyprus instead...


its nearly 27 Lira to the Euro and 25 Lira to the US Dollar.

And according the some financial analysts, the currency is still broadly over valued in relation to the economy.

The lira has lost another 35% of its value so far this year.

This shouldn't be a concern to you. You have more pressing issues to deal with. You have to come to terms with the truth. Be a man and accept the mass murder by that piece of shit of a big brother of yours and stop defending them and coming up with fairy tale theories that clearly is an insult to the readers intelligence.
MR-from-NG
Main Contributor
Main Contributor
 
Posts: 3440
Joined: Tue Mar 07, 2006 4:58 pm

Re: Turkey is bankrupt

Postby Maximus » Fri Jun 23, 2023 12:42 am

Show me the truth big man.
Maximus
Main Contributor
Main Contributor
 
Posts: 7518
Joined: Wed Aug 10, 2011 7:23 pm

Re: Turkey is bankrupt

Postby repulsewarrior » Fri Jun 23, 2023 4:27 am

...interest rate up 6.5%, now over 15%.
User avatar
repulsewarrior
Leading Contributor
Leading Contributor
 
Posts: 13957
Joined: Sat Apr 08, 2006 2:13 am
Location: homeless in Canada

Re: Turkey is bankrupt

Postby Maximus » Fri Jun 23, 2023 7:55 pm

it needs to go to something like 70% with a side serving of severe austerity for the next 10 years. :roll:
Maximus
Main Contributor
Main Contributor
 
Posts: 7518
Joined: Wed Aug 10, 2011 7:23 pm

PreviousNext

Return to General Chat

Who is online

Users browsing this forum: Arnoldzlq and 0 guests