Member Info for Calder5

I’m in same boat.
Had Promised wor lass chips AND rice from the takeaway tonight but it’s not happening now.
Also promised her one of those matching bra and knickers sets. She’s always fancied a matching set (proper posh like). But I will just have to raid the jar and get her some middle of Lidi specials. Shame, I was quite excited.

Inky I like you mate.
I think you have a balanced approach to investing.

Yep, there is a mountain to climb, last year’s results got everything ready for the journey . Tomorrow we find if we have started the trek and when the ITP sale goes through we will be a base camp.
Along way to go, but when we reach the summit it will be worth the wait.

Different Bain.
Bain Capital are buying ITP
Bain & Company is the one that has been banned. Unrelated fortunately.

From OAG.com week to 25/7/22
"International capacity is at 37.1 million seats this week, 27.0% below where it was in the same week in 2019 and 0,8% higher than last week."
https://www.oag.com/coronavirus-airline-schedules-data
I'm sure I read in either the trading update or 21 results that with run rate savings, a 70% recovery vrs 2019 flying hours will put things back to profit. - Can't remember exactly, but it was something like that. Will try to find it.

Normally like to keep a balanced approach. After all without negativity there would never be a buying opportunity. However can’t help feeling like a ramper as far as this stock is concerned.

If this comes off and with all the other defence projects I think civil aero will drop to 2nd place in terms of T/O making it primary a defence company.
To compare:
BAE has a market cap way above T/O and there is nothing special about its profit margins.
RR’s market cap is well below its T/O so once it gets a handle on debt watch this space.

Wow I was out by quite a bit didn't realise they had two engines however it does make perfect sense on account of them being wing mounted, I am off into the corner of the with the hat.
Hi Daz, not a news article as such. Link below to details on the Rolls 1107C engine which is installed on the V-22 and this engine costs $2.2m. The Rolls 1107F is going to be installed on the V-280 and is much more powerful, advanced and efficient so with inflation and all that I am guessing a £3m price tag.
http://www.fi-powerweb.com/Engine/Rolls-Royce-T406-AE-1107C.html
.

Didn't realise just how big a deal this could be.
It has the potential for 4000 engines in service plus spare engines at a cost of about £3m each.

Share buy back needs to be kicked into the long grass for a couple of years.
Reducing debt thus increasing company valuation will be much more effective at increasing share price than reducing the shares in circulation ever will. Buck for buck that is. IMHO.
Also a more profitable and higher valuation will allow the company to hold a % of serviceable debt without negative effect.
LTH it will be worth the wait.

RR share in Air Tanker Holdings was sold in February for about £150m which will be included in H1 figures. The great thing about this deal is that the 14 A330 tankers are powered by the Trent 700.
Current military operations mean these tankers are very busy clocking up engine flying hours refuelling the RAF.
ITP Sale is just around the corner but may not make it into H1.
Pretty sure H1 will show an aero operating profit without ITP sale.

Totally agree liz for PM.
Kwasi Kwarteng is pro nuclear and is a supporter of truss.
No doubt he will be important alongside truss to get the SMR off the ground.

Spanish Government may approve ITP sale on 8th August at the last council of ministers before the summer break.
Article is one week old but I just read it, apologies if previously posted.
https://popnews247.com/juan-maria-will-be-the-new-president-of-itp-aero-after-the-purchase-of-nin-bain-capital/

Hi Phil,
I read something about this the other day and basically Easts words were only “well it might”. Everything else was the interviewer. Rolls discredited the statement later.
However it might.

Sorry news not new.

No problem mate.
Let’s hope for some new similar to that this week anyway

That whole press release was from 2014, was it not.
RR have not made any release regarding 2022 show.

t drives many on the board crazy when talking about rinse and repeat but if I had the guts to do it every time I thought about I would be on about 50p average.
But this is it, eventually the rinse rises and you get caught out.

Penny for your thoughts Inky
Will we shred a few % before close or is there enough positives to hold todays gain?

An agreement between Britain and Japan has been talked of for months and tacitly accepted as the way forward by Tempest’s developers, headed by BAE Systems and Rolls-Royce.
BAE has been keeping the details of a Tempest announcement under wraps but it is expected on Monday, the opening day of Farnborough, the first international airshow at the Hampshire site since 2018.