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Sale not fully priced in as I see it. Timing and amount are uncertain. Both are important. When it sells the sp should rise as uncertainty reduced...size of rise depends on price achieved. If it takes too long or the price is significantly below expectation SP will fall.
I personally believe that the sale price of IPT is factored in the share value. They knew this was being put up for sale some time ago at rights issue and I think it’s potential value number was in the total business.
By adding to its original capacity it will be worth more and as such a sale will realise more than initial vale on book ....it won’t de value the share it will
Add to it I believe DYOR
1. CW... you cannot use 148.... that is my number
2. ITP sale is not factored in at all. It’s not sold. It is simply up for sale. Using the logic that it’s factored in because it’s up for sale is a bit like saying that all revenue is factored in because eventually we will get more revenue.
3. If people honestly believe that this is going to be 130 by the end of the year they shouldn’t be invested in RR. We were nearly at 130 with the Bergen sale in the middle of lockdown with no travel and no certain outlook.
It will be the end of May..... but for those that don’t believe me... I will say Merry Christmas now.
Ignore the question marks. Was supposed to be a winky face ;)
Got it CW. We are aligned ??
Sure CW. Completely agree. Not sure if I am missing your point though...are you saying do not put too much stock on opinions here and DYOR, or are you saying some comments are not constructive. Just trying to understand. Thx.
Red, you can post 50 times a day as far as I am concerned. I find any current or ex-employee viewpoints valuable. Living in the business is not the same as reading reports and looking at the numbers.
ITP factored in for sure
Anything above factored sale price massive bonus plus feel good factor .....
I’ve been saying this months back , opening travel will be limited and until things fully open up the share will trickle north and take another 6-12 months to find £1.30s again .. the sale of ITP is somewhat already factored so that will only push us 5% . Some shares out there that can go up 50% in a couple of months but they are called risky shares which can also bomb at a second , yes rolls-Royce can and will drop again especially with any bad news but the business is a safe one and your money is safe it just may take time for you to profit. We all invested in rolls because we know it’s a no brainier if you can wait.
Red
I see your posts on and off on a regular basis.
If people are getting personal,and in fact you have suffered a loss then its Very sad and people should keep it a level about business and money making (hopefully ) ...
I’m not holding long term that’s my point , I’m holding 2 years and I’m 1 year in. Not sure what it has to do with my dead wife but hey ho.
Would not worry about Bergen. At €150m sale price it is not moving the needle.
ITP Aero is a bit of a shame imo. Looks to generate a decent op profit of 10% and be a useful contribution to the group (although it is tricky to tell as I believe most of its sales are internal and margins will not be true arm's length as a result). Saying that, if management can extract £1.5-£2.0bn (15-20x normalised op profit) from one of the big PE houses for it they will have achieved a fair price.
Reading between the lines, I got the impression from Warren East's statement in the RI presentation that they do not really need to sell ITP yet. They are only doing it now to ensure they do not have to sell it for a song with their backs against the wall if the business becomes severely distressed again. Unfortunate, but it is the conservative, sensible and ultimately correct decision as I see it.
Warren East is as straight, humble and smart as they come. He is just the guy I would want to guide a business through a severe financial crisis such as this. That is one key reason I have shovelled a fair chunk of change into this one.
Red_inky, you say your commenting for fun and your holding for long term, but you do about 15+ comments daily you are probably the person who says the most amount of rubbish/hypocritical statements on this chat. I suggest you spend your time instead with your missus before she leaves you!
If you are in for years “you said 3 years I wouldn’t waste your time logging in Dailey / weekly etc and if the share goes to 90/80p you shouldn’t worry as you have invested in the long term of rolls Royce , why put yourself through it ? I invested as an employee few thousand here and there then during the rights issue I invested my retirement fund which is not needed ASAP but I wanted a return of 70% profit or more in 2 years I’m averaging 78p and know the share is and will be worth at least £1.30 before I sell. I may not sell all but we are talking also a good sized house in Derbyshire amount. I log in mainly for the fun and don’t take anything serious on here. Good luck but don’t panic or take too much of what people say.
Yes I say many sarcastic things about RR. But thats what people do when they get annoyed. My heart does indeed sink every time I log on to see how everything is going. BUT I've topped up 9 times with enough money to buy a small house in the rough parts of Oldham . I'll get annoyed a lot more as the price fluctuates down to 90s and upwards and I feel entitled to have a little dig here and there. It's not RR keeping the price low, it's nature :)
Side eyes ??
77blackbridge
Posted in: RR.
Posts: 6
Price: 103.18
No Opinion
Titanic04 May 2021 13:15
What was the tune they played while the Titanic was sinking. Every time I look at RR I picture the movie scene and the tune plays through my head.
I’m invested and I have a balanced approach , nobody is kicking any shares they are kicking covid and all that it brings. These forums are open to all views good or bad positive or negative. Take what you will from people’s views but you cannot silence them end. Don’t like something nice on
LLets all concentrate on the boom side of things and move away from kicking our share. I wish there was a way that a chat room could vet people before letting them join the chat room based on holding actual shares because I have a sneaking feeling that half the propaganda on this site is from people invested in other shares if any. What would be the point in pulling shares held through a pandemic just when a light appears at the end of the tunnel, imagine the feeling you will have in a few years after pulling your profit today only to see the shares have tripled in value. Base your faith on what RR are doing now and for the future, learn from the past but don’t base your future on rubbish about old news, obsolete engines, ex management etc. It’s a new world and we will move forward. God I sound like a sound bite for Brexit but you will know what I mean if you have the same outlook.
Boom or bust.. that’s called black bridge
Well said
I’m not an economist or even clever enough to know what moist of you are talking about on here but I do have a large investment for me in RR. I regularly check these boards for any news etc. and to take some comfort in the crowd mostly suffering as I have with the recent up and downs AND downs. Sometimes I will post sarcastic comment but one thing I never do is moan about how the price will drop to 10p or the company will go belly up within a year. Why would anyone on here invest in a company only to berate it and scare off both new and current buyers? I have based my analogy on common sense, in that RR board must have reasons to sell Bergen and other companies must have reasons to want to buy it. If I list my asset however small on eBay and no one bids on it then I know I have a problem and I either give it away or scrap it, but if I have multiple people bidding on my item and people messaging me that I shouldn’t sell such a valuable rare item to just anyone then I know I have an asset. The only reason to sell an asset is to improve other assets or buy more assets. RR have won lots of new business this year and they are also leading the field in new tech which plays very well to the Green future and restrictions on carbon emissions etc. RR is a new leaner company and will go places in the future, I have staked my family’s future on its recovery with most of our savings and I will not be pulling out when the price hits 1.30 or 1.80 etc.etc I’m here until RR regains its crown. Micro managing is a poor way to run anything and micro share checks on every little percentage gain or loss is not the way to invest in a company’s future.
Blackbride you are mixing up assists to support creation vs output assets. Most companies would by your definition be bust.
Sale of production assets are bad as they are what gives revenue by selling their output. Simple concept, fundamental really
Great rebuttal blackbridge...love the second hand car thing
And
Know
Yes I lost a pile of money on TED
Should have held...but have a 'no go' stop on it to prevent more pain...chuckle
Thanks for your input
Appreciated
J
Absolutely, 77blackbridge.
This is my view also. The BOD knows far more than we do on the question of what operating framework is integral to (a leaner and more efficient / profitable) RR going forward. Obviously, they believe that Bergen and ITP are better disposed of in pursuit of this aim. Obviously, there is an element of necessary action to survive, but this isn't a fire sale, IMO.
Patience is needed here. It's frustrating to see RR lagging behind in the recovery, but my belief is recover it will.
Apples and pears, but so many on these BB and commentators wrote TED off at around 70p after it's rights issue and yet it's now at 200p. Why because the BOD pursued its recovery strategy despite the doubters ..AND more significantly, the face-to-face retail industry (at least 50% of TED's business) has opened up. When the other 50% of RR's business gets going we will see the rise ..then comes the disposals, followed by free cash flow, followed by resumptions of dividends, followed by share buy backs...
Will take a number of years of course and there will undoubtedly be bumps in the road, but this, I believe is the LONG-TERM outlook for RR. Look back in 5 years and £1 will (hopefully) seem like peanuts.
Based on the argument that the sale of an asset is a bad thing both the used car market and housing market would close. Bergen is not a bad asset or you will would not have some very important players trying to buy it and an entire country trying to stop it going to the wrong people. RR is simply selling a valuable asset to fund its future. Ignore the doubters and just look at all the recent contracts RR has won. Other companies would not sign up to RR if there was the slightest doubt that RR could not fulfil its obligations for the long term future. We all get ****ed that RR are slow out the gates but this is not a sprint, it's a very long race in which RR will come from behind and win the day.