Rolls Royce - From the Company21 Sep 2022 12:43
I have been in email conversation with head of Investors relations (Isobel Green) RR and had phone call from a senior team member of her team, i think we are going see a big change in approach by the NEW CEO, by all accounts it is already starting, with internal meetings and conversations about RNSs and much more focus on the share price and better much more open investors relations and share price promotion. She was surprised and had noticed big deals are not being RNSed that should be like the renewal of billion dollar US maintenance contracts etc. They are just not shouting anywhere near enough about the great story, successes and plans Rolls Royce has to none institutionally investors.
I even had a conversation about the B/S how more investors don't understand that RR has used very conservative accounting writing off billions of R&D that reduces there net profit and tax, making their BS look much weaker than the reality. RR has an almost unassailable position because of R&D in the large jet engine market for instance.
The world has changed the vast majority of RR investors and potential investors are only looking online there needs too much be more promotion of the shares online, and I got whole hearted agreement with what I suggested they are realising it and are trying to change it.
Very encouraging tbh.