Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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casa posted..."at least i am not loosing my shirt like you t o ssers are"
I'm guessing i'm one of those t o ssers...I have a wardrobe full of shirts, Maybe more shirts than Imelda Marcos had shoes, Anyway i'm digressing, My financial future is as safe as long as the Sun Rises in the Morning, Banks are paying nowt in interest, I withdrew £30k and invested in a company that gave me the ability to buy all those shirts, Altho i'm over £10k down on the market price atm...I still have the said shares, So in essence my shirts aren't lost, Only in the life of subterannean species do shirts equate to £££s
Dflynch. These quick tests would be the golden ticket we need for the aviation sector but it seems their accuracy is not enough for the government to entertain them. There was a company in Derbyshire in the news recently it had a 15 min test but 95% accuracy which for me I think is good enough to save an industry and jobs with only a 5% inconvenience. Some of the other government policies are taking a bigger hit than 5% like pubs etc.. The problem is not the test its getting our stupid government to actually agree to use them
like all executives in RR they have no clue what they are doing and more importantly how to do it.
Bertie
“Toff, Ask those 2 executives you know how RR works”
Who said anything about knowing two senior executives?
Not me!
My copy and paste post from 12.37 today of an RNS article includes the ‘two executives’ part.
I posted it for the benefit of a moron - but overlooked the fact he couldn’t read.
Toff
Arsenal
“Toff you really are a plonker answer the question 2 senior executives ? As normal more bull—— like others on here your an absolute T—-“
Not even the grace to admit you’re wrong. That’s a sure sign of low breeding inherent in the basest of people.
Too thick to do your own research - and too vulgar to appreciate it when other posters do it for you.
I’d be really disappointed if a mob-minded-moron like yourself didn’t filter me.
Toff
Toff you really are a plonker answer the question 2 senior executives ? As normal more bull—— like others on here your an absolute T—- so your filtered Bye
Toff, Ask those 2 executives you know how RR works, They'll be no Nationalisation, Government have the Golden share, They can pump money in but buying it lock stock and barrell is out of the question, Energy, Defence, Nuclear are making a profit, Civil Areo where the ££££s are is having a bad time...ask yourself why, Trent 1000 engine was found to have problems with quicker wear on parts than should be, A fix is on, Covid has clearly been a killer, Not only for RR with power by the hour and plane hours taking a hit...but 100s and 1000s of businesses around the world.
Of course Senior people will be looking at a financial deal of some sort...even a RI, From the not so Senior people i'm still speaking to after working at RR in Derby for almost 15 years a RI is the least favourable option on the table, Has it gone away, I don't know...as I don't know any Senior Executives...watch this space.
I believe that the following extract from the INTEGUMEN (SKIN) RNS this morning will be of interest
EXTRACT BEGINS
Unveiling of new COVID-19 personalised real-time Breath Test and Digital Health Pass Platform
“…The Company also today announces the unveiling of a new personalised COVID-19 breath test, Microtox BT, and its complementary Digital Health Pass platform. “
Integumen recognised that in collaboration with Modern Water, Avacta and Aptamer Group, its real-time detection and alert system could be adapted to detect the level of infection of coronavirus in a breath sample. Adapting the wastewater test, Microtox PD, the Company has designed, built and tested a prototype, Microtox BT, which can analyse the breath and detect the spike protein of SARS-CoV-2 in real-time for those with a high viral load. Microtox BT has undergone extensive internal testing and will now transition to the University of Aberdeen containment level 3 laboratory, to undergo tests directly on the virus followed by a joint trial of up to 5,000 participants in parallel with third parties using reverse transcription polymerase chain reaction ("rtPCR")[i] and Antigen tests. Results are anticipated before the end of the year and Microtox BT is expected to be a Class 1 medical device[ii].
The Company believes Microtox BT has the potential to enable instant real-time testing of people within the community.
This could be capable of providing daily triaging of everyone who may or may not demonstrate levels of infection. To "open the economy", Integumen has incorporated a 24 hour Digital Health Pass that indicates if the person tests positive or negative for infection. Matched with blockchain secure date and time stamp of the test, the Company believes Microtox BT and the Digital Health Pass using "one second" QR Code scanners could potentially contribute to enabling the economy to re-open with personalised go/no go entry into venues such as work, events, social locations, public transport and airports.
END OF EXTRACT
If successful CV19 testing can be conducted at any point and a secure “passport” of the result handed to the individual tested using smartphone technology.
If successful I would imagine that it could be used for pre-flight and pre-entry validation of an individual’s CV 19 status.
Should this occur I would see a rapid turn-a-round not only in the Aviation sector but the World economy as a whole.
DYOR
OutTheGame
“Ive filtered that t$at now so don't have to suffer his gibberish delusional posts now. What a tool”
__________________
You sound like a man having a public emotional breakdown; someone who has been brought to his knees by a bad investment. What will happen when Rolls issue a cash call?
I hate to think.
The problem with bad investments is that they tie up all your money - effectively leaving you...
OutTheGame
Just filter him. Its not like he has anything useful to say. All he does is post personal insults and wishes people to lose money. Probably because he hasnt got a clue how to make any himself so cant stand the thought of others succeeding. Classic definition of an Inferiority complex.
"Inferiority complex is a term used to describe people who compensate for feelings of inferiority (feeling like they're less than other people, not as good as others, worthless, etc.) by acting in ways that make them appear superior. They do this because controlling others may help them feel less personally inadequate.
With his ego he probably thinks he is doing everyone a favour by imparting his so called wisdom. The more you try to converse with him the more egotistical he gets. He has got the mindset of a child. Best to filter the toff. It will make the board a much better place.
Arsenal
“The Expert Toff has spoken ,maybe he can back his theory up with at first naming the 2 senior executives he stated the other day or is that more bull—— LOL“
Are you really that lacking in intelligence that you invest in companies and don’t bother reading RNS news items. They’re available to ANYONE.
I don’t usually bother replying to posters who are too stupid to do their own research but I’ll make an exception in your case being as you’re an Arsenal fan.
Here’s the news item - published on 21 September- updated on 22 September - available to EVERYONE - even RR shareholders.
______________________
Rolls-Royce shares sank to 16-year lows on Monday. That after it said it was considering a rights issue to raise as much as $3.2 billion. The company makes engines for airliners, military jets and ships. It says no decision has been taken about exactly how much money to raise, or by what means. Shares in the firm were down around 8% by lunchtime in Europe. They have now shed about 76% of their value this year. The slump in air travel has hit Rolls-Royce hard, as airlines pay it according to how many hours its engines fly. In August the firm said it wanted to sell turbine blade maker ITP Aero and other assets to raise around $2.5 billion. Two senior industry executives who deal with Rolls said it could look for a state bailout, or even re-nationalization. The firm was last nationalized in 1971, and then later privatized. Now the UK owns a golden share in Rolls, and its importance to exports and military technology has fueled talk of a state bailout. With public finances already strained, however, it’s not clear if there is government appetite for such a move. Meanwhile, planemakers Boeing and Airbus are both concerned about the health of a critical supplier. The Financial Times newspaper says Rolls is in talks with foreign sovereign wealth funds, including Singapore’s, over investment. But any move of that kind would need UK consent under rules which limit foreign ownership of the company.“
Toff the expert have you got them names or is it a hard quest for you to answer ? LOL
Nob nobody said she is an executive you are one sad bloke you need to get out more now go and try and put some real interest into a forum ,Yoyr so boring mate LOL
OutTheGame
‘The current downturn is due to uncertainty regarding funding’
That’s highly misleading. Rolls made a £5.4 billion loss in the last year. They’ve burned through £3 billion of cash in 2020 so far are are forecast to burn through another £1 billion.
The money comes off the balance sheet - leaving the company in a precarious financial position and its survival under threat. That’s why they’re planning a rights issue - which is by no means certain to succeed, or worse - re-nationalization. All that news is in the current shareprice and it could go a lot lower. You may be convincing yourself and some others on here that all is well and good at Rolls, but your claims bear no scrutiny. When companies go bust even buying in at a penny isn’t a steal.
Toff
I see Arsenal is still banging on about his missus being a RR executive....how does that help the sp?
Ive filtered that t$at now so don't have to suffer his gibberish delusional posts now. Ive come across many posters who think they are the Warren Buffet of LSE but this guy takes the biscuit. Doesn't back anything he says with any financial or business acumen but thinks he's the equivalent of Ronaldo compared to pub footballers. People like him cant be debated with. What a tool
Id rather be out of the game then have an inferiority complex. But I am better than you so I'm just going to ignore you. You don't have an investing acumen so are not worth my time
Current price is a steal. People are forgetting in this current climate that half of RR's revenue and most of their profits are from business's that are largely immune to COVID pressures. Just the defence part has over £3bn revenue and over £400M operating profit and has per the last update this has not been affected by COVID at all. Governments will always spend money on their military. Power systems has only had a small decrease but that is improving as well especially as Chinese economy rebounds.
Current mcap is just over £3bn BUT should be around £6-8bn just on Defence and PS. Rolls Royce isn't too big to go under but it is too important to go under. This is highly unlikely though as 50% of last years revenue is still there and from the remaining 50% they should still get 20% from that this year so they still have around £10bn of revenue a year.
The current downturn is due to uncertainty regarding funding. People have looked at IAG and are assuming the worst but this is equivalent to comparing apples with oranges. IAG has only one market which is air travel and that too is limited to UK and Spain. RR has Defence, Power Systems and Civil aerospace. More importantly its aerospace business is not limited to any one country. It is a worldwide business with major customers in Asia Pacific, North America, the Middle East and Europe.
The Power by the Hour model used is actually a good system in place. Airlines around the world are ramping up the number of flights. Pre-covid average utilization was around 10-13 hours a day. Currently around 20% of airliners are grounded and the rest are averaging around 6-8 hours a day. Based on this RR should be getting close to 50% of last years service revenue This is a significant decrease but its a marked improvement from april and these numbers will only go up.
The target for air travel is 70% of 2019 levels by 2021 to avoid further funding. At current rate of increase this is doable. This is why I think RR have said there has been no final decision regarding an equity raise. They are most likely waiting to see if the current momentum can be sustained. If it can then no funding will be required.
The game
“Current price is a steal. “
How many times have I heard that diktat off clueless wannabe traders...
I’ve been reading Rolls is a steal all the way down from £8 to what it is now. Will it be a steal at £1?
What you don’t seem to know is that share trading is a ‘one shot deal’
And that’s where the bad psychology of ‘averaging down’ kicks in. Traders are annoyed they didn’t buy in cheaper - so they repeat the trade - and in falling knives like Rolls there’re only so many times you can do that before you’re all out of money - all in - and sitting on compound losses. Then you’re out the game.
OutOfTheGame would be a far more appropriate moniker for you.
Toff
Current price is a steal. People are forgetting in this current climate that half of RR's revenue and most of their profits are from business's that are largely immune to COVID pressures. Just the defence part has over £3bn revenue and over £400M operating profit and has per the last update this has not been affected by COVID at all. Governments will always spend money on their military. Power systems has only had a small decrease but that is improving as well especially as
Bertie your right mate I worked for over 20 years as an engineer and my wife is company senior staff with over 30 years and still there .As for Toff he knows nothing about the business or senior executives hence the silence and without going into too much detail I’m sure we will all get more certain news going forward very soon ,good luck mate with your investment
wait further pain to go
ARSENAL17, I doubt he knows any executives, Would RR issue a RI issue and upset current share holders, £6billion + in liquidity, ITP if sold could produce circa £1.5billion, Talking to investers/loans and the like.
I was invited to a redundancy get together a few weeks back...turned it down, Alot of old ex workmates took their pension and redundancy, There's tough times in Civil Areo at the mo, Engine build not what it was pre covid, I'm confident my shares in 2-3 years will give a good return from my investment.
Too many Mystic Megs who think they're ITK...
The Expert Toff has spoken ,maybe he can back his theory up with at first naming the 2 senior executives he stated the other day or is that more bull—— LOL
I did my last buy this morning, betting on the Singapore hedge fund will take a big stake therefore no rights issue is needed. And it will open up with a big gap up the next day