Member Info for f15jcm

The market obviously thinks that ValueAct Capital intends to sell its stake in RR. Do posters agree? Comments of the outgoing NED were very positive, could it be a case of 'I've done what I came here to do'?

The car crash as SAA won't have helped sentiment in the sector.

Went up 5.5% on ASX overnight. I've more than doubled my position this morning.

Apologies, my comment related to the nuclear reactor thread

The article was updated yesterday, with the last two paragraphs added.

https://www.bloomberg.com/news/articles/2019-12-06/rolls-royce-pitches-nuclear-reactors-as-key-to-clean-jet-fuel

Decided to double my position. About the best value stock I can find at the moment.

Listened to the rest of the interview, a worthwhile , frank discussion. Clearly more shareholder patience is required, success of course dependent upon improved sales figures. Not a screaming buy at the moment but far from a dead duck.

Brian, as you clearly reads the boards, the improved shareholder engagement is appreciated.

What do they need money for now that they have the debt package? Previous raises have sometimes helped the share price so not worried.

Auditors were late, LOL. Results were to end of June!

I came to the same conclusion. Discounted SVS as I wanted something with domestic focus. FOXT looks overvalued, doesn't make any money and doesn't pay a dividend. CWD might go bust. Didn't like the balance sheet of HUNT.

Over 5x average daily volume has gone through today already.

Quite surprised by that given the engine troubles, bearish chart and not having the strongest balance sheet.

Very confident! I've just got a toe hold at the moment. If the next update shows progression against the plan with no obvious red flags, I'll be happy to go in much deeper. Looks like a positive RNS might be required to reverse the downtrending chart.

Pretty soft interview but at least he's not looking to exit at 10p and clearly he doesn't want to raise funds to do deals at this price which is also reassuring. Sounds like they'd have another go at buying a distributor if the numbers stacked up.

Financials were much as I expected. I'm not concerned about the cash position but neither am I planning to add at the moment. By my calculations, 23kt of KPfertil were sold in the financial year to June 2019. While 47.5kt in the last 12 months is hardly spectacular, things are clearly moving in the right direction. Operational gearing will kick in with improved sales volumes and profitability should move quite sharply.

Steady as she goes. Medium term post-Brexit value play on offer here IMO.

A very upbeat profit warning. No numbers tells you all you need to know.

I've gone long. FCF of £1bn+ in 2020 and director buying above this level makes it look like a good option to me. The last trading update struck me as a 'kitchen sinking' on the engine issues.

The company's website is offline. Doesn't fill investors with confidence.

Also, it made a new all time high which many traders look to trade as there is now no resistance.