Member Info for Gerry557

Divi cut on the cards, profit at the lower end and a negative outlook. I wonder what a profit warning would look like! On a brighter note, East has identified areas to improve ...... by 2017 and cash flow should be ok. So its looking like things might get worse before they get better. I wonder what people are thinking of Investec right now.

Lots of info provided but what are your views ?

or no deal! Im not really sure what to make of it. I expect ICAP are the better winners but maybe TLPR can make cost savings that exceed initial expectations especially when you control a bigger piece of pie. I wonder is this deal is born out of necessity than being relatively poorer with the status quo. Maybe I just need to get my head around things, I wasn't inspired by the brief but will continue to hold. Market not too sure either currently the SP is down 12% and falling. Although it went down by 10% then up by even more the other day. Must be great for day traders having 20% swings

now I have your attention I notice not much being said about the sale and return to shareholders. Yes I know there is scant/no detail how this will be done etc. Even so £10Bn is not a small amount and they dont consider paying down the debt or spending it elsewhere a better option. I suppose they could do a buyback and then keep the divi rising over the longer term.

there was some top reading. Fruitster and Gerry post well along with yourself and others but few and far. *************************************************************************8 Maybe I should add you to my xmas card list! I have a £5 match and more voucher to use. Although with the price dropping maybe it might buy me a few shares instead........ if only!

Grayling, I think your over egging the pudding some what with your comments regarding clarkgriswold. Next you will be castigating the checkout lady for saying the store is a bit quieter! Now if clarkgriswold said he was photocopying the report for the CFO and noticed XXX I might agree but are you going to start castigating others too. Arsenal has made comments cos his wife is "in the know" others comment cos they "work there" Each can express their opinion on how they see it. Several have made positive comment about differing subjects but that hasnt stopped the SP from falling. I think your trying to scare off opinion and I would like to here more of the elaboration. After all you could be anyone hidden behind a bb. just because you say something doesn't necessarily make it true. Some could be bluster some could be overconfidence and its up to individuals to decide. MagnumP.Investor, thanks for the news, I thought XWB 96 had only flown once so hopefully this is going according to or exceeding expectations.

"Debt already small" Not sure about that Berti, yes its smaller and the trend seems to be downward, which is good but I wouldn't describe it as small, its approx half the market cap! I still there is work to do and reducing that debt pile appears to have become more of a priority than divis. There are some that think that the new policy will be for even lower divis after the current announced commitment. Unless there is some massive shift, I cant see any improvement in my most welcome divi stream for a while yet but as long as the improvements keep coming in most areas it might give them time to get that debt mill stone off their necks

No advice intended, just information and views of others. I know you hold your own opinion that is more positive that differs slightly from the ground swell. As for SP stability in the longer term, its the update on Thursday that will be the driver before East's review on the 24th. Like many companies, they are having to come to terms with a new normal re China/oil. At least then we will know the "plan" for the future. The execution and if its the right plan might then become the issue especially for Valueact who might want something slightly different. Stick to your guns Mr East ....... if only he was called Eastwood! and do whats best for the long term not the quick buck!

Arsenal, the negative stories were doing the rounds in the papers, Mail and Telegraph and several websites. You were correct with Investec being the 520p quote. Unless you paid for the report you will miss the context and brokers do have their own objectives. As for the 5th profit warning I thought we already had it but maybe I created one. Still we all know the SP can swing wildly on sentiment and not fundamentals but sooner or later they catch up. If you want to increase your holdings though a lower SP must be good.

Wtungsten, I will be cashing in. This is a personal preference due to my circumstances and strategy. I like to choose what and when I invest in. This scheme, along with several other types buys shares ahead at whatever the price is at the time. Jan 16 in this case I think. I tend to put all divis into the "pot" to reinvest in whatever I want at the time which might be RR or something else. How that fits in with you is ultimately for you to decide. Costs become a big factor with smaller amounts. A £10 or more fee to invest isnt much good with £46, so unless you are adding more money it might be better to take the extra shares if you want to increase your holdings. Some brokers do cheaper buys but only on a set day only. Over the longer term, reinvesting divis is supposed to be successful like compounded interest. I am assuming you are wanting to increase you sipp. Doing a bit of reading, it looking quite negative for RR. Some are expecting more profit warnings, kitchen sinking and downgrades from brokers. One mentions 520p. You might get more shares for your sipp than planned today, at that rate. Good Luck with whatever you decide

and an expectation that the plan might not work playing on the SP. Still undecided what to do regarding the RI. Is it an opportunity or chucking more money after bad. Still looking at thickasabrick's strategy, and its merits, is it worth the extra capital

ARSENAL17, I'm glad your so positive although I suspect the papers are nudged occasionally to try and head off the worst. Several were running stories ahead of the last profit warnings. Still this is a longer term story and as you have been in some time Im sure you have seen several ups and downs. Any news on the grapevine ref call to break up the company

"What's your expectations?" Well Busateetee, Im hoping that the bad news is now all out and that things are starting to stabilise. Although there is often a delay from action to results so there might still be a bit of softening but I would expect them to context that though with a "trends" comment. For what its worth, I feel sorry for all you car drivers when I have several push bikes to choose from! Today's ride will be the hard tail. .

http://uk.reuters.com/article/2015/11/06/us-tullett-prebon-m-a-icap-idUKKCN0SV17620151106

humanum est errare! Still trying to find out expectations for the update next week. The good news is the papers are not heading with another profit warning buy after 3 is the norm and we have had 5 now if Im correct, statement above withstanding.

or profit warning! So things are still not going well and the outlook is not that great either. Its not all bad news though, the new business appears to be doing ok and management have reacted with cost cutting. Still with the SP falling by over 10% that yield is rising nicely. If it keeps going it might be worth topping up.

ARSENAL17, Good morning. Twice now you have asked me to move on. From the bb or the subject? If its the first, no chance if the latter I thought I already had. I even ended with a question that I hoped you could answer and bring to the bb with your inside contacts and knowledge or were you ignoring that? I'm sorry to hear about your Audi, made worse by having two! (This is meant as a light hearted joke, please have a sense of humor) I am trying to lighten the atmosphere based on current events. Anyway to move on as you requested some good news in the Maritime division at last. http://www.motorship.com/news101/engines-and-propulsion/rolls-royce-to-power-dive-support-vessel and Aerospace Transmission Technologies GmbH is the new name of the JV in aerospace. I look forward to your light hearted riposte and update on the previous question. Im sure the rest of the bb would prefer things to be lighthearted.

The metrics dont look good but its what the expectation is. Even so with poor metrics, improved profit and lower debt not to be sniffed at. Fruitster seems very positive. I think Im less so.

It was advice but if you took it as a lecture that's on you, maybe you feel a little guilty! I dont know how you look after your portfolio or what it consists of, I suspect RR is in there as your wife will be getting some via work I assume. Although they say never assume. I would like to thank you though as there are several new posters with insights coming to the bb. that might not have without you. Although the information is technical and long tern in nature I still like to hear that sort of stuff and hopefully you, or via your wife, can contribute too. Noise from the ground can be quite useful when compared to the boards presentations. Any views on the forthcoming announcement?

HeresHopin, thanks for that. I couldn't find the details on the Investor Relations website and had a quick look again this morning it still doesn't stand out. Although I looked like a man does! Maybe I was too preoccupied With the Shell presentation too. It is in the RNS, see LSE's site but you would have thought it would standout on their own website, go figure Is this amount enough? STAN has a history of RI's will this one work? even so its not without execution risk or more slow down in China. I'm still wondering why they didnt wait until the stress test announcement but this would help.