Member Info for Grayling

Early morning and the big fat divi payment is already in the account! Onwards and upwards.

Can we hit last August's high? Big fat dividend coming on the 20th as well!

Very positive and the Guardian which yesterday reported same also said "Warren East, the Rolls-Royce chief executive who was paid £2m for 2016, has been a supporter of greater worker representation, using the example of its experience in Germany, where the company has 20% of its staff and where workers on boards are commonplace."

I hold, therefore I am.

Very erudite! Come on you can do better than this :-)

Yeah ARSE like your comments on the GSK board, which were about as welcome as a fart in an airing cupboard!

Well you cannot accuse Mr East of illogical positivism! He sets out the course for recovery at RR over a long full page interview in the Sunday Times stating that the company had become too fat and complacent on the back of its engineering prowess and needed radical action to turn things around. He acknowledges that there will be severe headwinds in the next few years including the change in accounting practice that will prevent RR from booking future profits on long term maintenance contracts and a clear acknowledgement that engines are sold at an initial loss. This and getting the other sprawling parts of the business under control in the face of falling demand for products (particularly marine) are top of his agenda, rather than a break up of the business as some have called for. Without commenting directly on the corrupt practices of the past, which to be fair he was not responsible for, he is well aware of the reputational damage that these activities have incurred and their likely drag on future growth. Overall he comes across as very capable and level headed and seems to have a clear vision for RR going forward after what has been a nightmare few years.

http://www.bbc.co.uk/news/business-39229255

The anti-graft agency will interrogate former transport minister Suriya Jungrungreangkit and his ex-deputy Vichet Kasemthongsri as part of its ongoing investigation into the Rolls-Royce bribery scandal. Sansern Poljieak, secretary-general of the National Anti-Corruption Commission (NACC), said on Thursday that its nine commissioners have set up a subcommittee to probe individuals involved in the purchase of seven Rolls-Royce engines for Thai Airways International aircraft between 2004 and 2005. A total of 26 people were found to be involved with the purchase, including Suriya, Vichet, 15 board members of Thai Airways at the time, and nine members of the national airline’s long-term investment subcommittee. The NACC had found that Rolls-Royce was unfairly favoured in the bidding for THAI’s aircraft engines between 2004 and 2005. The interrogation will be conducted by all nine commissioners of the NACC, as well as advisers from relevant agencies, including the Anti-Money Laundering Office, the Office of the Attorney General and the Royal Thai Police. Oh well Warren can probably pay the fines from his new improved pay offer (inc £916K bonus) rather than it hitting our already pitiful dividends! The Yanks are awful quiet on this one? They are normally first in line to prosecute any corporate malfeasance (eg. BP) particularly when it is perpetrated by a non-US company.

SpikeyJ - did GSK drop to 13:50 offered sometime since 23rd december? The answer is a firm no. The lowest price you could have bought in at between 23rd Dec and now was a mid price of £15.20p a share on the 27th Jan 2017. I think even Warren Buffet could not have placed an order so large as to get an offer of £13.50 a pop and that we have a fantasist on here who dreams up potentially profitable trades!

I agree about buying more. I really should drip in more than the divi reinvestment as this is one of the lowest weightings in % terms in my portfolio, but the thought of paying so much more than my get in to top it up just makes me hesitate. Ditto AZN, GSK etc.

Been waiting for this to shift ever since getting these via Friends Liife takeover. Up nearly 6% in a falling market. Good luck to all holders and hope the chilled lagers hit the spot the other day :-)

Barely, at least only for an hour or so mid morning anyway. Chill out there is nothing to see here.

The National Anti-Corruption Commission (NACC) will decide on Thursday whether to set up a subcommittee to investigate allegations of bribery involving UK-based jet-engine maker Rolls-Royce and some Thai companies. “We will see tomorrow if there is enough evidence to set up the sub-panel,” NACC chairman Pol General Watcharapol Prasarnrajkit said on Wednesday. Thai Airways International (THAI) and other state agencies are alleged to have received huge kickbacks from Rolls-Royce and US-based General Cable Corp in return for signing lucrative business deals. Wacharapol said the anti-graft body was authorised to probe the matter because some of the wrongdoings were still within the statutes of limitation.

That reads complletely wrong, what I meant is approx 3.3% pa and I should not have summed it up to 10% like that at all!

Sorry that is 10% since buying in, so over 3 years. It averages out at 3.3% for the divi per annum, which is about right (top yields have them on a divi yield of 3.3% based on the current SP).

According to Sunday Times Aviva will announce an increase in the divi to 23p on release of a very strong set of results.

The U.S. Army’s war-fighting budget request for fiscal 2018 will include funds to accelerate deployment to Europe of its newest combat vehicle, a modern troop carrier built by BAE systems. An additional $254 million will be provided to accelerate the purchase of 65 multipurpose armoured vehicles in addition to the 52 vehicles already provided for in the existing spending plans.

abacus. See what you mean about CTAG! No it is generally very civilised on here, though some facts about RR which are placed in the public domain are disputed by those in the know. Although overall my view on RR is positive and I remain a holder, I just do not feel it necessary to ignore anything which may question that view. In general I do appreciate the thoughts of others on here. Finally, I am not an Arsenal supporter and that is about as much info about myself as I am willing to divulge on here thanks.

Either that OR they become so toxic they are sold for a £1. Sympathise with your position tho £6 Ouch!