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Https://x.com/petrofacgroup/status/1773257518845726774?s=46&t=BDh-RvPHZJsbmRERfk4lYw

Happy Easter, folks….

@MaryBr - well done with this trades. Have done similiar, but not as successful as you on this one. I wanted to be sure ( if one ever can be) that we had hit bottom and on recovery path. I averaged down by picking up a good tranche in high 40s. This is undervalued, though I wonder are buy backs causing this SP rise today but regardless this share has promise, though I reckon I will be holding for a number of months yet to realize profit. GLA.

Very disappointing. Figures and near term expectations are not good indeed. I think SP will remain suppress/ drop on this.

Against this, AI is the “wave”, SFOR are hoping to ride it, US elections this year. This has got to deliver sometime - just not this year, ah well….maybe next…

@Steve077 - touché

💪 💥 🤞

My preliminary - @MaryBr, might have to wait before this bird soars - might rest on its lowly perch for a little? longer but GLA.

@oj17, I think your analysis has some validity. I just sold a fair whack at 422 from general share account - proceeds which will feed both my wife and my ISA in April - with some to spare. Hope to avoid CCG against loss on other shares in 2023. But may still be caught out as RR is some miracle. Still hold so many.

Hopefully things will move up from here.

Go big or go home. Not privy to all the information but this has to happen, RR is an exemplar of all that is great about engineering, but then this is the UK and it likes shooting itself in the foot 🙈

This share is the bane of my portfolio, the introvert at the party, wh0re of the streets. But I will wait and hold and hold and hold for all my other shares are rising. 😂

Https://news.sky.com/story/amp/oil-engineer-wood-group-to-cut-hundreds-of-jobs-13098692

Their Marc cap 8 times PFC - looking at efficiency as their SP drops…

@broken - yes pushing for the 404

Still RR is just a gem.

https://www.bloomberg.com/news/articles/2024-03-14/rolls-royce-regains-investment-grade-rating-amid-ceo-turnaround?embedded-checkout=true

@MaryBr, not sure how any of us read it. Small raise but a raise nonetheless. I haven’t a clue how the SP will react, if not already factored in.

Nice little contract, every little helps…

@Danc, well, er….no.lol🤔

Just getting better and better. And what a media weekend. RR roaring. GLA, DYOR.

@blubay, yes I agree but as the old Buffet says, you just have to find a few gems. RR is my largest holding by far and I was lucky to buy when its SP was in double figures. It was still risky and even though it was in FTSE 100 it was a butning platform. I have a sizeable holding here and still on a paper loss but this will be another gem 💎

Https://www.earth.ox.ac.uk/2016/06/huge-helium-discovery-a-life-saving-find/

@Crypto - absolutely agree. Really sensible approach - better to reduce debt than dividends. Practical, sensible and creating real shareholder value. There is a time for dividends but not just yet. Great results, no two ways about it. GLA DYOR but maybe ignore some 😂

Something happening alright and a blue day for those long on RR, HE1 and 888, not a bad rise today. GLA