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Unleaded is about £1.80 ish.
That's 54p in Fuel Duty.
30p in VAT.
So the government gets 84p out of the £1.80.
There is approx. 16,500 litres of fuel purchased every day in the UK per petrol station, and there's approx. 8,500 petrols stations across the UK.
That's £0.84 x 16,500 x 8,500 x 365 days = £43bn a year.
They have to get the money somehow to pay back all the free money the gave away.!!!!
I know that this is an RR board, and I'm not expecting anyone to reply.
But obviously we are look out for diamonds in the rough....
I've been invested in Nanoco for many years.
A very long story cut short....
They make Nano-Dots. Year ago they worked with Samsung, and Samsung basically stole their tech, and used it in all their QD TV's. Years have passed, Nano took them to court, a long lengthy process.
Earlier this year Nano beat Samsung at the Patent review board, I believe first time in history, a 47 Patents reviewed and all 47 stood up against Samsung's arguments.
The court case is within a month, the parties are meeting now.
If you want a punt, please ensure that your read up and be comfortable with the investment.
I'm hoping this will be like my Genedrive investment that I made 2,200% on.
The potential pay out could well be £2 per share +++
Just and FYI for all looking for a good reasonable type punt.
The ONLY person I ever listen to is ARSENAL17.
Here's been here longer than I have, and he's old and ugly......but probably not as ugly as me.
The former CEO of Erginbilgic, BP PLC (LSE:BP.)'s downstream business, is due to take up the mantle at the engineering staple next January.
He will assume the role of chief executive and executive director, taking the place of Warren East who announced he would step down in February.
Rolls-Royce has structured his pay package so its share price is integral to his earnings.
The incoming chief executive will have a personal incentive to improve Rolls-Royce's profitability, as nearly a third (30%) of his £1.25mln salary will be paid as shares (deferred for two years), the company said.
As compensation for giving up his role as partner at private-equity firm Global Infrastructure Partners, he will pocket two additional portions of shares, each worth £3.75mln, which will be paid out five years from now and in 2028.
In a departure from Rolls-Royce's previous share policy, Erginbilgic will be required to have a minimum shareholding equal to four times his salary, nearly double the prior 2.5x requirement for chief executives.
Erginbilgic brings a track record of turning around businesses to the engineering behemoth. While he was chief executive of lubricants, BP and Castrol for a year from 2006, he “quadrupled” its profits, according to a statement.
“He has a strong track record for execution, delivery and the creation of significant value,” said Anita Frew, chair of Rolls-Royce.
He spent more than two decades at BP, most recently leading its downstream business in charge of oil refining, petrochemicals, service stations, lubricants and jet fuel operations.
The downstream segment he managed delivered over US$5bn in underlying annual earnings growth under his stewardship as well as expanding into fast-growing markets, BP said in February.
The incoming boss of Rolls-Royce said in a statement he was joining the engineering company at a time of “significant commercial opportunity”, and “strategic evolution” as companies navigate the energy transition.
However, it is also a time of considerable uncertainty, both at the engineering behemoth and in the wider economy.
Rolls-Royce's long history once gave it a reputation as the gold standard of share investing.
But its share price hit turbulence when Covid-19 struck in 2020, amid concerns over its ability to withstand headwinds affecting the flight industry, given its core business making aerospace engines for Airbus and Boeing.
Civil aerospace flying hours had improved in the first few months of the year, but still hadn’t recovered to pre-pandemic levels.
Earlier this month, investment bank UBS reduced its mid-term forecasts for Rolls-Royce “to reflect slower than expected flying hours recovery in 1H22, particularly in the APAC”.
The bank cut its price target for the engineering company from 144.5p to 102p, and rated the stock "neutral". Analyst Kseniia Maslova said it was “adjusting for slower WB recovery and inflation risks”.
Thre
From my high. across shares, but mainly RR, Yep.
609 to be exact
£600,000
convb.
Nope.
I cruise with Royal only.
Have done since the start. It's better to stick with one cruise line, and go up the "status ranks", which I am now the top of.
I also play in the casino......obviously.!
So haven't paid for a cruise in 12 years...
and before anyone says it...........No..... I haven't lost the money in the casino which has pre-paid the cruise either.
I have a spreadsheet.!....since day one..
Win/Loss/Cruise Comp/Cruise cost saved etc.
JTT.
Yes, the hedging hasn't worked well in RR's favour, of course, it would have if the GBP was stronger/Dollar was weaker.
Like most things in life, nobody knows what tomorrow will bring.
I know I only have 8 more cruises this year, but apart from that, I have no idea what other tomorrow's will bring.
At the time of writing, 434 Posts in one day.
In my many years I have never seen that many posts in one day, even after the 10%+ drop when the CEO resignation announcement happened, or the 20% jump on the takeover rumour.
By the end of the day, at least my losses reduced....
and...
Convb, thanks for today, it took my mind off of my nightmare situation that I had got myself into.
nope. back down to 80.92p
Dazpink.
Unfortunately 12 months ago, when I held xxxxx shares, at £1.48, and held and held and held to watch it drop and drop and drop.
I've been a holder of RR for a very long time.
Unfortunately in another 12 months, unless SMR's are bought nothing is going to fundamentally change.
ooohh ooohh.... 82.33p now....
oooohhh... 82.06 now
Offered 80.55p now.!
Investerintheknow.
Thank you, but you by all means can call me muppet..........
Am being offered 80.91p to dump my holdings despite the live price being 81.36
$1.5bn loss, share price drop 20%, and an RI at 22p.
convb.
Yep.
Every other share, I have got it 100% right, and timed it 100% right.
Every time with RR, I have screwed it up, screwed myself up, and lost an absolute fortune three times with RR.
When people say rinse and repeat that is exactly what I do with RR.
I make money everywhere else, and then donate it on RR shares.
Now 10.30% down, and not slowing down...... I'm just watching it all slip away.
convb.
Yep.
I think I have a better name for myself now.......... Muppet comes to mind.
Convb.
I can't buy anymore, don't have any money, and with 7.5p down that as you know equates to a lot.
So by all means, you can post and call me whatever names you wish, because I completely agree with you.
convb.
Thank you again.
Again, I 100% agree with you.
Unfortunately I don't like turkey, but donkey, idiot, plonker, or any of those ,will also fit.