Member Info for Dinoken

Surprised to be told I was becoming a real Pratt down the pub. Told that RR is unlikely to remain RR for much longer due to 1) GE getting together with Airbus for their new jet, thus slaughtering Trent forecasts 2) RR not offering engine for new Boeing mid-market jet. Likely scenario being that RR will be taken over by Pratt & Whitney. Seems this possibility is being openly discussed across the pond and in various aero mags. Anyone any views on this apocalyptic vision ?

Would have thought it justified a RNS rather than a mention on their website.

Not the 13th, but Black Friday itself and RBS/Natwest online banking down. Lots of very unhappy customers out there.

Great news. You are well ahead of the curve today.

Well, someone had to say it.
Great to see shareholder funds going up in smoke but worth every euro for 90,000 tonnes of ore and rock.
How much concentrate in terms of Tungsten and Tin are we looking at here ? Worth how much ?
Why have the Concentrator buildings not got roofs ?

Just been told down pub that in addition to BO being the well known acronym for body odour, it is also irish for cow ! What imbecile came up with such a ridiculous name for such an important initiative designed to take RBS into Fintech ? Irish eyes are'nt just smiling, they are laughing their heads off at the new Cow Bank ...

U_D todays fall caused by broker action.
Morgan Stanley cut rating to equal-weight.
S&P downgraded long term rating to BBB, and reiterated negative outlook.

Hung parliament sounds great to me - would like to hang the lot of them. Completely useless institution that failed to deliver the Brexit vote. Only interested in doing nothing, publicity seeking and re-election based on manifestos that simply cannot be delivered because there is not enough money in the bank (RBS or any other bank). Serves no useful function whatsoever. In meantime, RBS sp is advancing on all fronts from technical perspective, with Resistance 1 at 237 and Resistance 2 at 246 in plain sight. Hoping for a happy xmas for RBS shareholders ...

Told down pub that the last man to win a UK general direction with a clear majority appeared on UK news showing him abroad promoting british industry against a backdrop billboard naming Petrofac - so far so good. Oh, and it looked like he was reading his lines from the back of a brown envelope !!!

MARS finals on Wednesday. Price currently 124. Stay In or get out, that is the question. Any views ?

Support at 28.1 and 28.28. RSI 7 says high overselling. Monday looks like time to buy.

Just when you thought it was all over ...
RBS faces bill running into hundreds of millions of pounds over its refusal to pay PPI to people who have been insolvent. After five short years, Court has ruled that RBS to pay refunds and interest to customers who owed the bank money, but whose debts have been discharged.
You could not make it up.

dh - I did indeed mean gullible and stupid. Too much time spent using social media has resulted in a generation with the attention span of a gnat. It was hugely entertaining to me that when my daughter first went to university, she had to share house with 5 other girls, and at each house they looked at, the first question was whether it had internet access and the cost of that access - the rent/electricity/gas/water bills were a side issue of little concern. It was also apparent how students were milked by internet companies for connection/service/line rental/dis-connection such that 'free' access is a certain student vote winner IMO. Having reread what I have written, I would like to apologise to all invertebrates ...

On reflection, they were good considering the massive downturn in the auto market which RNO has weathered really well. Told down pub that RNO is good for a grind, which sounded unfortunate until informed that they have invested heavily in new plant such as the twin-pallet HMC (horizontal-spindle machining centre) at Renold Gears Rochdale which ‘revoultionises’ machining of large gearbox casings. New kit keeps Renold world class with significant cost savings.

Foolish article circulated by Lord Lucan riding Shergar into the sunset, enough to make anyone smile. Hits the hammer squarely on the thumb but fails to mention years of purgatory ahead while SFA scrape away looking for pay dirt. Told down pub that SFA has a freeze on recruitment being up to full headcount. Cannot see them finishing this any time in medium term with or without heads.

Sp had a jolt today. No obvious reason that I could find. No news or broker action. Anyone know why?

Skindle - outside of Dubai, Rolls-Royce has won a $1.2 billion contract to support the V-22 AE1107C engine at various V-22 aircraft production, test and operating sites. The V-22 Osprey is a tiltrotor aircraft combining vertical performance of a chopper with speed/range of fixed-wing.
Follows on from US Navy exercising option in 2018 for Rolls-Royce to deliver 15 engines.

I was surprised the article does not show on the online site but is at bottom left hand corner page 107 of Saturday's paper version. The last paragraph mentions that 'Ricardo has previously announced plans to build an electric car battery plant in the UK' - which was a surprise to me as well.
Headline was '£5m electric plane deal', followed by comment that contract has been won to design hybrid and electric planes with eco friendly engines and wider systems needed for low-carbon aircraft. Goes on to mention work on electric drones to deliver pacakges within 5 years.

Paper version - free from Waitrose. Browsing City Page at till and found article on Ricardo which does not appear on internet version. Article mentions Ricardo winning contracts to design engine for electrical plane and for designing drone which could be deployed for deliveries in 5 years time. Rounds off with mention of plan to build electrical car battery factory. Very positive stuff.

Told down pub that only fools would consider selling these shares, and on further consideration, think my financial advisor is right. Despite Jeremy, political uncertainty, low interest rates, low NIMs, cost of future conduct, government stake et al the sp has just smashed the 200 day moving average and is heading north !!! - no kidding. This is indeed as bullish as you can get. Next resistance levels 240 and 270. IMO this is time to buy ...

Furthermore, Nastywest is about to cream customers with reward accounts (like me) by withdrawing cashback on household bills - bar stewards.