Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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could go either way. My target is £1.20.
nuri123a Why would you buy more when you don't see this going above 1.20p this year.. and think it will drop back to 99p?
Bought another 20k. 80k holding. Biggest holding.
Flamingo
I like your post...could I just add...that in my experience the real value of an r &d division is feasibility ( someone mentioned that earlier I think ) usually run against product close to release
I have big problems with 'green field' thinking as it ( generally ) takes decades to become commercial and in most cases goes out to the vulture capitalists...not saying that will happen here...but..let's be cautious ?
One mans opinion
The jimster
Botbot
Ack your figures...thanks
When I wake up l will calculate a percentage of turnover...or at least I will get my cybernetic entity to do it for me
R&d are essential for any large company thats why rr has such a diverse interest of businesses world wide and has to try to maintain its presence as a world leader.iam top heavy with rr against my other shares but have a budget and will stick to it still have amount to buy again see what tomorrow or monday brings have iag tui andd bought menzies at 319 in april now 351 they have just bought a handling stake in china and have american airlines handling in aus recently
777.
Rolls Royce spend approx. £1.3 BILLION a YEAR on R&D.
To put that into context. General Electric spend $4 BILLION a YEAR
and the UK Government spend £37 BILLION YEAR
R&D budget. ? Might get a few clues on the two links. Free cash flow and Capex is listed on the first link.
https://www.marketscreener.com/quote/stock/ROLLS-ROYCE-HOLDINGS-PLC-4004084/financials/
History back to 2016
https://markets.investorschronicle.co.uk/data/equities/tearsheet/financials?s=RR.:LSE&subview=CashFlow
https://markets.investorschronicle.co.uk/data/equities/tearsheet/financials?s=RR.:LSE&subview=BalanceSheet
ha ha
Bzohdan
Not ofte I agree entirely with a comment
But I agree with that one
Enjoy whats left of the day
Kind regards
The Jimster
Jimster .. I agree with that .. :) always a difficult one to measure..
It's similar to continuation of training, supporting graduates and aprentaship's etc RR will continue to invest in these area.
A coment made recently by Waren East highlighted the ageing work force and their ability to change in relation to future technology and work place changes.
I think you always need a diverse work force and the need for that experience is immeasurable, like anything it just needs to be managed.
Bzohdan
yes...sorry...to be clear I am fundamentally in favour of R&D I just don't like the cash burn right now
As an interesting talking point:
Does anyone have an idea of the size of the R&D budget ?
Kind regards
The Jimster
RR have always been big in R&D and will continue to do so, this shows the market the possibility for future growth and commitmen, plus the gov are strongly supporting this area.
At the end of the day everything is budgeted for and adjusted accordingly.
I appreciate and to some extent sympathise with some of the views expressed
I spent many years in a research and development environment ( power gen/aggri/wireless/control systems/software )
And I can tell you with absoulute certainty that the big money is needed for the last 10 percent of any new product
Similarly
I can also tell you that the first wave of any new technology revolution do not survive and its the followers who make it
It seems to me that RR needs to reign in the R&D until the cash burn settles a bit ?
Just my thought is all
Kind regards
The Jimster
Takes time to recover from any set backs and this one's been major.
RR are long term, they very realy have short term strategies/goals, 5 to 10 year projects for future growth is the norm.
Cost savings are planned yearly with most long term agreements being 5 to 10 years, anything shorter is normaly for short term stability until a long term strategie is in place.
The reduction in head count was and agreed for 2022 the pandemic just escalated that position, clearly the RI was not planned, but RR acted swiftly and decisively to minimise the situation.
I have no idea how the share price is going to play out this year but there will be growth ... however I do feel confident that it will see the biggest growth during 2022/23, this sounds obvious I know, but I think the worst is behind us now, and continue to look for the spikes if your looking at 2021 for a return. Keep positive :)
I'm happy with this approach..... don't go chasing things you cant influence e.g flying hours increasing. Focus on cash, new markets, restructuring, sustainability...… SALE of ITP lo))….l share price will follow for sure!!!!
I notice that everything that comes out of RR on the news front is tremendously positive, they don't seem to be worried about share price, covid or anything else really and they are pressing on with lots of long term future projects. The way they are planning for the future gives me confidence in RR.