Member Info for Calder5

There’s also a collaboration between rolls and infosys.

Just to be clear the article is about a new potential site to put a factory and not an SMR.

Thanks
https://www.defensenews.com/digital-show-dailies/ausa/2022/10/13/us-army-nearly-ready-to-make-future-long-range-assault-aircraft-award/

Paul, has there been an update?
I read recently that the decision could be pushed to next year.

No I don’t agree. Our T/O and net profit are up year on year.
We have added to bottom line and shareholder funds are increasing month to month. We do not see any recession. Imports and transportation costs are rising massively but we just keep marking up and pushing on.

Thing is the base rate is only 2.25%. It just the system is so risk adverse and the banks are ramping up fixed deals to remove any risk for them.

To be fair from about the middle of last year everyone was expecting this interest rates to rise. Everything I read said so. Last November I even paid a penalty to terminate my mortgage deal 1 year early in favour of a new 5 year fixed deal.
Just saying it’s not all down to Truss. National Debt and the rate of current spending is a massive problem however most will agree the covid support and now energy cap are necessary evils.
I even hope they find more money to buy a load of RR SMR’s. If she does something to enable definitive SMR orders she can have my vote regardless of all the other crap.

If this goes RR’s way it will be phenomenal.
Although I did read the the final decision could slip into 2023.

Article in Times today, mostly about Sellafield but a includes a paragraph about RR.
The government wants to build more reactors — mostly Small Modular Reactors, or SMRs. These are basically mini nuclear power stations, with reactors capable of generating about one third of the capacity of a traditional nuclear power reactor. Rolls-Royce is developing a type of SMR with help from government funding. It believes they are clean, low-cost and easier to set up than a traditional nuclear plant. Sellafield is bidding to build one of the new-generation mini reactors on its own site, continuing its legacy of being at the forefront of Britain’s nuclear history.

Thanks RRinvestor.
Do you fancy adding the press release link as I struggle via the phone. Am out of office today.
Cheers

RR have made it clear that they have no current exposure to interest rate hikes other than the £2bn loan that should have been paid off now. So providing they don’t need to borrow more it should be ok.
There is a press release on RR today about MTU train engines capable of running on sustainable and low to zero nett CO emission fuels. It’s clear everything is in a mess now but this company is really aligning itself to profit from these environmental targets that are coming into force around the world in the coming years. The immediate future is very uncertain but LTH could bring great reward. At least that’s what I am hoping for.

Just to be clear General Dynamics have a total order book of around £90bn the £18bn I mentioned previously relates to aero only.

General Dynamics have a record aero order book of about £18B which from what I can tell is mostly for gulfstream business jets. They have knocked out about 40 large business jets in the first half of this year. There looks to be a lot of pent up demand for the G700 and G800. Making finger in the air assumptions it could easily be over 100 engines a year. Earlier engine types with a little less thrust had a price tag of around £4m. So estimate £400m OE sales per year plus additional service contracts. All guess work though.

Leave inky alone I think he is a Brummie so carn’t help it. I value his views. Without some negativity they would never be a buying opportunity. Inky brings balance to the the argument. But as I have said before I respect his views. He has been correct on a number of occasions. I think if you had followed hiss predictions and bought in and out you could be sitting pretty. Only think that I struggle with, is he doesn’t follow his own predictions. Inky, you could have had made a lot of money if you followed your own predictions/advice. I know you are not a gambler but come on you have been on the money. Apart from the really low predictions that is. That just hurts.

You will never get abuse from me inky. I think the information you post is very valuable. I think you are very honest mate. The rampers hate you the shorters love you but you conform to no one. I respect your views mate. Keep posting. I hope we are near the bottom now but who knows.

Crying emoji. Crying emoji, crying emoji

“Pullmylever” maybe the clue is in his handle.

I suppose.
I first bought in February with last years ISA alliance @ 97p. It was just after warren east said be was stepping down. I thought it was over sold on that news, the war was kicking off at that time but no expected what was to follow. Got in again with this years ISA allowance on the big drop a few month ago and got 79p. So overall I am happy with investment. But don’t you just wish for a crystal ball.

Yep that would be me at 80p. Egg on face and all that.
Buying in at 80.3p was purely based on funds arriving at that time. I waited 8 weeks. Had it been 8 weeks and one day my investment decision would have been a much better one.
Never mind I expect it to be fine in the long run.

Thanks for the explanation of the drop today. I am not one to follow the markets in that detail as I am not a serious investor and am a bit too busy with other things. However I fully understand the need to do this if you have large portfolios. I am invested in a number of things but with regard to individual companies I have only one investment which obviously is RR.