Member Info for f15jcm

IG is by far the best for charts and their customer service is excellent. I normally use IG for indices and commodities and Spreadex for stocks. Agree SX's charts are pretty lame, their app is OK though.

Unbelievable dip. Just managed to buy below 74p

Looks like a managerial vanity project to me.

LSL have been booking exceptional costs to close some of their own branches. Why would they now want to take on a load more and the lease liabilities that come with them?

Sold all my shares this morning. Was planning to hold for the long term but I don't want anything to do with CWD unless it's shorting their stock. What are LSL thinking?!

*news

This technology is really exciting and has a very good chance of commercialisation. When you look at RR's mcap. and FCF projections in comparison to some of the hydrogen upstarts like ITM, who were very recently valued at £750m despite almost zero revenue, it looks very cheap.

OPEC meet 5th March

I think you ask a great question Spikeyj. Indices and an awful lot of stocks are at or near all time highs. Only the commodity markets seem to be pricing things in. I've bought RDSB, GENL, PMO and KAZ over the last couple of weeks and bought BP today as they have all dipped to reflect the current situation. I think they will all benefit from an inevitable recovery in commodity prices when viral fears subside. If the alternative is buying Apple or Amazon on steep valuations and crossing your fingers that everything is OK, I don't want any part of it. I've also gone long on a derivative of the Baltic Dry Index as the shipping market already has risk priced into it. Worth remembering that progress was made in the US/China trade dispute before the virus reared its ugly head. That's definitely a tailwind for commodities and shipping this year.

Looked at the annual report, wasn't immediately obvious, a pie chart would have been nice. FT article says oil accounts for 2/3 of Shell's FCF

Happening again today, BP up, Shell down. Bloody annoying!

Now trading well below what the CEO paid and we've had more positive need since.

https://www.bbc.co.uk/news/business-51499778

The decreasing popularity of widebody aircraft (upon which the RR engine portfolio is focused) is another concern.

Not certain they are actually selling as there hasn't been a TR-1 issued

Thanks, that might explain it. What is Shell's oil/gas revenue spit against BP's?

Why does this always seen to lag BP?

Because they are an activist investor whose representative has recently quit the RR board.

https://www.bloomberg.com/news/articles/2020-02-19/ge-tries-to-break-rolls-royce-grip-on-engines-for-airbus-jet

The potential for a short squeeze was one of the reasons I bought in. Debt aside, shorting in the face of decent cash flow is a risky business.