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Beyond me why a few are thinking this will open lower !!
The only news thats relevant here and now is the $2.6 Billion contract announcement after close of business Friday
With futures up across the board at time of post and the FTSE back over 7100 an open close to 140 seems likely
Din, Agree 200 % 'keep the pedal to the metal' it's time to fly. IMO DYOR
I do believe you are falky... you may be missing the point a bit
Good evening Falk- the "agreement to sell" RNS was released 7 am 13 of September, in that day the stock went from 109p to 105, it wasn't until the very end of trading day 15 September when the stock violently turned around from minus 2 (minus 6 at the day low) to plus 4 percent, due to announcement of travel ban lifted, it kept going up as sentiment boosted by b52 deal. another booster now is the nuc power station.
The ITP sale had little effect on rise and it will have little effect if it won't happen at all.
RI ?! never. Thats a drastic and desperate financial act of companies on the edge (like we were a years ago), will never happen again (until similar reasons like pandemic come along again) because the firm is now profitable (even before the flight resume, see last report) and USA selected RR to care the B52 ! I think they went through their DD and wouldn't select a company that is bagging its shareholders for money (RI) for the job of keeping the B52 operational.
This might be panic minus 1-2 in the morning but it will end dark green! IMHO of course..
Disagree the part you say blood bath that’s over dramatic. If you said Will have a negative affect you would not have got the come backs . It may have a negative affect but with all
The good news very little . Likely this will go up tomorrow 5-10% I believe and if we do get negative news on itp will come back down 5% so I would not say bloodbath by any means .
Falky very misleading... if itp doesn’t go ahead then it’s an ri...don’t think it will be a bloodbath as it will be delayed not cancelled .... stick to being the poorest on here at 6k a point
mystic- Thanks!
Din: great post!
its always amusing to walk in one's message history and immediately confirm the reason why he "thinks" blood bath will occur- he sold out. of Course, no one wants to see the price shot up when he is out, it is worse from participating in a blood bath (being in when price dips), because, honestly, for most investors price shooting up while they are in is much rarer than the opposite way.
Any way, this one weird article won't change anything. The train has moved out of the gloomy station, the most Important thing is the sentiment and this firm got confirmed to take care of the instrument which gives the superpower it's power, and it's not even American company (I think its unprecedented). trading wise, you can see it by volume- big volume with 20-30 percent gain in a week and a half that means we are not going back.
any one selling now is crazy! IIMHO of course :)
Sry did I misread that
Exactly berny so why wasn’t anything said before the 26.... a day before an announcement... journalists
Bernyb > Follow the money it was in the SP volume.. it's not every week that a company with greater value than 1B grows by 30+ % IMO
For such a big deal - only 1 article on the web ????
I think folks are underestimating the ITP risk. That's a heck of a short fall in the finances if it is derailed and will raise all sorts of questions.
Bloodbath Monday ! Guess your looking to get back in then falky …. Won’t be no bloodbath this is going north Monday defiantly no blood bath lol. Scaremongering again. Should see the share rise approx 5-10%
The market will take this stock one way next week !!
Don’t matter what happens about the other deal
Stay long and strong anyone going short have lost the plot lol GLA.
This kind of news will drop the price on Monday.
If it does... load up
me neither but a mobile phone page refresh and a lightening quick phone picture does the same job :) (volume up and off switch)
In essense - Spanish invesors are threatening to derail ... putting RR. pledges made in the rights issues in doubt.... the exclusive Bain capital talks need local partner agreement re jobs & investment to win Spanish authority backing.... "sources" say Bain is struggling to get concrete agreements about the participation ahead of Monday's deadline by the Spanish Govt.
2 months exclusivity period by the Spanish Govt ends - political football - talks about a red tape delay until next year - not a cancellation.
All sources say nonsense - knife edge drama - typical Telegraph journos.
FWIW
I trust Warren East to be victorious here too.
Spanish investors put sale of Rolls-Royce aero parts arm at risk
Bain Capital needs the agreement of local partners to ease fears about jobs and investment to win Spanish backing for the deal
By
Alan Tovey,
INDUSTRY EDITOR
26 September 2021 • 9:00am
Spanish investors are threatening to derail Rolls-Royce’s crucial sale of its ITP Aero division, putting pledges made in its emergency rights issue in doubt.
The FTSE 100 company is in exclusive talks to sell the Spanish aircraft engine division, which makes jets for fighters such as the Typhoon as well as turbines used to power airliners such as the Airbus A350, to Bain Capital in a €1.6bn (£1.4bn) deal.
The private equity firm needs the agreement of local partners to ease fears about jobs and investment to win Spanish authorities’ backing for the deal.
However, industry sources say Bain is struggling to get concrete agreements from Spanish investors about their participation in the process ahead of a Monday deadline imposed by the Madrid government.
Boston-based Bain was granted a two-month exclusivity period by Spanish authorities to bring local partners on board.
Don't subscribe can anybody post what the issues are meant to be?