Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Hopefully we will see a rise in the share price before a positive announcement. Could be an interesting week.
Another contract renewal...
https://www.google.co.uk/amp/s/www.consultancy.uk/news/amp/25868/capita-secures-17-contract-renewals-for-scottish-wide-area-network
There are a few people making random statements that don’t make sense, clearly they want the price to drop for their benefit.
I think it’s hugely oversold and underpriced, let’s see what the next few weeks bring.
Try discussing what will happen to the share price moving forward. It’s not constructive having the board filled up with rubbish from people who clearly aren’t invested and have no intention to be.
I am seriously considering a decent investment in here as we have some certainty, I won’t be surprised to see this being valued a lot higher as it is the only way for people to buy into the larger company at present. The debt is comfortably manageable at current oil price for the newly formed company with further potential.
A lot of scaremongering going on here, I’ll be buying because I can see a lot of potential. I actually believe anyone with an average of 50p could see a profit within the next 12 months.
I’ll go for £1.06 tomorrow and £1.24 by Friday:)
Made very good profits so will use it to take up my rights issue.
Gl all
Especially if you were reading the scaremongering going on this chat room, some of it was shocking.
Came off it last week to ensure I didn’t get influenced, had a nice top up at 105 so now need to consider my best strategy moving forward.
Do your research and don’t make decisions based on the scrupulous people on this board with their own agendas.
Good luck all
The doom mongers this morning talking nonsense. What a great buying opportunity, this might even have a good run now that people know it’s finan future looks secure. Expect a lot more buying, I actually like the rights issue and will be participating, great opportunity to see significant returns.
Logging out , have a great blue day all
Not sure how you got 10k from an initial 3k investment?? It’ll like less than the original investment amount as they are likely to have brought higher.
Right now if you spend 3k you’ll need approximately another 3k for the rights issue. That’s why it’s so attractive to the institutional investors to buy now, strengthen the balance sheet and hold for a year to see huge rewards.
Hi
I’m not sure where 97p came from as quickly typed it on my iPhone.
The point is it won’t drop t that level before the rights issue is completed as a lot of investors, including most on this board would like to take part in the rights issue and to do so will have to buy shares.
The institutional investors didn’t want sovereign funds diluting them so I would guess they’ll be hoovering up shares at this level. It’s the private individuals that might panic sell.
Good luck all
If you are not holding you won’t be getting any of the shares in the rights issue. You need to buy the shares now to qualify so expect the institutional investors to jump up board now there is a plan in place to secure its financial future.
Expecting a volatile few weeks, can go as high percentage wise as low too.
Bottom line, buying now and taking part in the rights issue would mean you have an average of 97p for RR. That must sound great for a lot of people including institutional investors.
The government own a golden share in Rolls Royce and we play a very important role to our military, I am not surprised that foreign sovereign arms have been thwarted in an attempt to own a significant share of RR.
Maybe just maybe the board played a blinder using the sovereign arms to get the financial support/backing from the government.
We will see tomorrow hopefully, I will be more disappointed if there isn't news, if there is and it includes strong government backing, rights issue at a price above 1.10p then expect this share tomorrow to have a very good day.
good luck all
This made me laugh..
After buying in today I’m delighted that we will hopefully get news tomorrow. Otherwise this would’ve just carried on dropping due to the uncertainty.
Now the financial package itself will be very interesting and will determine what the share price will do tomorrow Andy the days after.
Imagine a new increased lending facility or a financial package provided by the government. Even if a portion of the funding is through a rights issue if it gives the markets and institutional investors confidence for the long term expect a huge rebound especially with the short sellers closing their positions.
I’m personally delighted that we will potentially get the news tomorrow.
Best of luck to all the holders :)
Clearly there are a lot of posters here with their own agendas, hoping the share price keeps dropping as they are short or looking to go long at a lower price.
I’ll be taking a position here as the potential even from this price is huge. The uncertainty is what has decimated the share price, whether an asset sale, sovereign investment or a rights issue takes place I think we will see a significant increase in the share price.
So many games taking place I wouldn’t be listening to the posters here providing financial advice when not qualified to do so.
Good luck all
Yes the level of support and how it is structured might surprise a few. Also Schroeder purchasing over 5% of shares so far can be a sign of what is to come. It’ll be interesting to see if they are still accumulating.
Should see a good few days :)
This could get really interesting really quickly.
Share price manipulation in the stock markets are shocking. I believe we will be closer to 30p than 20p when the rights issue price gets announced.
Good luck all
Looking at their results they have cash available for acquisitions, wouldn’t be surprised to see an attempted takeover of PMO. Will have to use a combination of cash, shares and RBL facilities.
Could be an interesting week....
And we really will have lift off!!
Looks like the beginning of the recovery, let some profit takers have their 10%. This will continue to rise in the coming days as more people realise the potential multi bagger opportunity.