Member Info for Grayling

Mucho traffic on this if you look at the professional airline pilots forums. China Southern MU736 uncontained engine failure after take off from YSSY at 9.30 EST tonight. No other details except cowling totally breeched. Looks identical to this EGYPTAIR incident less than 1 month ago, both powered by T700, both left hand engine Incident: Egypt A332 at Cairo on May 15th 2017, rejected takeoff due to engine failure

Up on hopes of a soft brexit and less exposed to impending UK economic downturn. LLOY is the opposite and well down on the election fiasco. Its not often you see the end of May in June 😎

We are fond of ****ging analysts off when they do not agree with us, but RR have taken a new tack and hired their most vociferous critic. Ben Fidler a senior analyst at Deutche Bank was the man responsible for the infamous "Hope over Reality" note at the height of RR's woes accompanied by a price target of 475p. His current target is a mere 540p. He will become director of group financial planning and analysis this coming September. A source at RR stated "Warren likes to hire people who will challenge him". Good strategy in my book!

A lot of these trading platforms appear to be very slow in dealing with these events. Halifax had the updated number of National Grid shares credited and tradeable first thing Monday am on the 22nd.

Nobody with half a brain has been "conned" either by NG. or in the past by VOD. To reap the benefit of this dividend and consolidation you simply had to be holding the stock when the announcement was made and it got "priced in" . If you think you have been hard done by then at least the board have given you some of your money back and you can choose to invest it somewhere else!

JimJohn. Truth is you would have been much better off selling back in 2014 and buying into AZN at 44GBP. You would now be sitting on a 15% gain and also would have collected 3 years divided at well over 4%.

SP is now back where it was in September 2014 and it sits on a dividend yield of only 1.51%.

Rolls-Royce has won a contract to supply its MT30 marine gas turbines to power an additional three ships in the Republic of Korea Navy's Daegu-class frigate programme, the company announced in a 16 May statement. Up to eight such frigates (also known as FFX II) are expected to be built.

Aero Gearbox International — a business set up jointly by Derby-based Rolls-Royce and Safran Transmission Systems of France — has opened a new 13,500m2 factory in Ropczyce in south-east Poland; this will make accessory drive trains (ADTs) for all of Rolls-Royce’s future civil-aircraft engines, and it is expected to employ up to 200 people. Speaking at a ceremony to mark the opening, Rolls-Royce CEO Warren East said: “I am very pleased to open the new Aero Gearbox International plant today". “I look forward to seeing it become an integral part of our supply chain, delivering high-value ADTs and contributing to our growing share of the market for civil-aircraft large engines.”

Love em or loathe them it was yesterdays Investec downgrade that shifted the price down again. They questioned whether RR can deliver more than £1bn in free cash flow by 2020. The cost of developing a new engine for Boeing could be “a material headwind” to that goal, the broker warned. The sell recommendation was based on "The shares trade at a large premium to peers, both on pre IFRS15 profit multiples and a FCF and dividend yield basis.". So what Goldman Sachs and Citigroup giveth, Investec taketh away!

Well they rated it a sell and surprise surprise they have sold! Nothing wrong with that and they certainly were not trying to influence the price to gain advantage.

Mateyboy: In fact smoking-related lung cancers are now in terminal decline due to the greatly reduced incidence of smoking amongst men. A major risk is young women who often smoke as a means of weight control. However, the incidence of lung cancer in lifetime non-smokers remains very significant and often, because in the past it was been swamped by the incidence of smoking-related lung cancers, ignored. Be more careful with your statements in future and if you do not drink, smoke or eat to excess you may not live any longer, it will just seem like it.

We may not listen, but it is today's two upgrades that have shifted the price north. Citigroup BUY price target 912p; Goldman Sachs BUY price target 1037p. Good news indeed.

Good News presumably from the AGM. Rolls-Royce Holdings PLC doesn’t expect to take a hit from the FRC investigation into the company’s audits by KPMG, according to finance chief Stephen Daintith.

This is definitely due some "churn". If I had held this since (or soon after the IPO) I would be selling part of or all of my holding and redistributing the cash into income yielding shares. I still think FEVR has a way to go, but it had to pause sometime and this time may be now.

I see from the two RNS announcements that Aviva has been lending out shares to shorters. The Advanced Oncotherapy share price graph says it all really, been sliding for months. As AV would be the long term holders of both these and Verona Pharma (also sliding down), lets hope they both come good at some point!

The regulator has announced it will be looking at KPMG’s audit of the financial statements of Rolls-Royce Group for the year ended 31 December 2010 and of Rolls-Royce Holdings for the years ended 31 December 2011 to 31 December 2013. The FRC said the decision to investigate follows the SFO announcement on 17 January 2017 of a DPA between the SFO and Rolls-Royce which relates to offences including conspiracy to corrupt and a failure to prevent bribery.

Hope you are buying into Shell with the profits 7% yield now!

ISAs dear boy ISAs and if you have been maxing out yours (and your partners) allowance in stocks and shares for the past years that this option has been available and you still have such an excess of holdings outside the tax wrapper that you incur a bit of extra tax then I am afraid you can afford it, so tough.

Sir Ralph Robins, who retired from RR 14 years ago, has reportedly hired defence lawyers as the Serious Fraud Office considers charging employees. It comes after the jet engine maker was fined £671m over the scandal, which saw it pay bribes to win overseas deals between 1989 and 2013. Rolls reached a deal to avoid prosecution in a January court hearing. At the time, Lord Justice Leveson said evidence suggested ‘controlling minds of the company’ could have been involved. Former chief executive Sir John Rose has already been quizzed by investigators, and now Robins, 84, who was chairman from 1992 to 2003, is also in the frame. I don't think there are further financial implications for RR, but there will be ongoing reputational damage if these people get dragged through the courts and the old dirty linen is aired in public.