Member Info for Grayling

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

Moolybap I doubt very much if these management grade staff will be union members, so I would not expect any reaction or comment from them on this pay freeze.

Oh by the way I am quite happy with my holding here and in related Co's at moment.

Its OK, anything that does not agree with his worldview (or more correctly RR view) is now classed as Fake News. Now I wonder where that particular media strategy came from????

This is basically just chickens coming home to roost. So Govt/Local Govt wants to cut costs badly. Bright idea is to outsource to the private sector who are always so much more efficient than the drones. Companies such as Capita/Serco/Mitie are buoyed up on a wave of enthusiasm for these public sector contracts. In practice they need to cut costs to the bone even more than the govt to turn a dime. Result they do a shit job due to paying almost nothing to their demotivated and underskilled workforce, trigger penalty clauses on contacts and have to pay compensation. I would not touch these with yours diitto the others.

Rolls-Royce Holdings will freeze salaries for 8,000 managers as Europe’s biggest aircraft-engine maker deepens cost cuts after earnings fell by almost half in 2016. While raises for managers and executive staff will be announced as usual in March, they won’t be implemented until September, with no backdated payments, said the chief executive Warren East in an internal message to staff, which was disclosed to Bloomberg and confirmed by the company.

The speech to Congress seems to have gone down well with the markets. More a case of having a very low expectation at least met. We are now at a 5 year high and this rally has got to end sometime. Still the dividend is good and this is one of the better performers in my portfolio. I bought in early 2014 at 409p and it has never looked back 10%+ yield on divi alone, plus capital growth 57% up overall.

If you really get him going he wlll start telling you that he is considerably richer than thou, how many houses he owns and that he drives an Audi doncha know!

Just saw that! Hope you have got your tin hat on :-)

Gerry: I see our old friend over at RR has managed to virtually silence that board! I cannot be bothered with it anymore.

Thanks Gerry, I think we are feeling the "Trump bump" for BAE much as it pains me to benefit from his idiocy. Speech to congress today should flesh out the detail in US defence spending uplift but the vicars daughter has also comitted to a year on year rise in the UK defence budget until 2020 so that may underpin BAE as well.

Strong sell in this weeks Sunday Times also just announced "Vodafone (VOD) is finally getting out of pagers, having confirmed that it has sold its pager business to troubled support services group Capita (CPI)." With this kind of stunning foresight and vision by management (the deal involved the transfer of only approx 1000 accounts) how can Capita fail!

National grid has to pay back £87M it collected from consumers as part payment for a £160M gas pipeline that will not now be built. NG. Had tried to argue it should be allowed to keep the cash, but has now been told to pay it back.

Was hoping for a little more action from the cybersecurity division given that 61% of sales are to the USA and the high profile increases in hacking and other attacks from overseas powers. This could be a significant revenue earner in future years.

Next ex dividend date is 1st June 2017. No announcements as to amount yet (or special divi). This information will be released sometime before the ex dividend date. Full year results are 18th May so an announcement around then is most likely.

Get real! £800K is probably peanuts for this guy given his 8 years in post as head of HR for Vod. Can you imagine what his yearly salary is? He probably bought a 1 bedroom flat in London for one of his kids with it or a new (very small) yacht.

BBC reporting a figure of $350M (£281M) discount on Verizon acquisition of Yahoo following data breach. Costs of lawsuits arising from latter will be shared by the two companies. The sale does not include Yahoo's stake in Chinese internet sales firm Alibaba.

Why illogical? They do not seem to have moved without announcements of some kind (either positive or negative) in the past. As many have said, RR was probably probably a bit oversold after the fine and results plus the GS upgrade to "buy". I am no fan of brokers, but the big boys such as GS do tend to carry some weight with investors.

Rise today as upgraded from "neutral' to "buy".

From Seeking alpha Feb 19th 2017 VZC Shares are trading at a 42% discount to the overall market. Dividend has grown 3.6% annually over last ten years. High and sustainable dividend will support share price going forward. ChartMasterPro upward target price of $52.50. There's a great deal of pessimism surrounding Verizon (NYSE:VZ) and in my view that's a good thing. The only way you can acquire assets that are on sale is when other investors eschew the name for any number of reasons related to competition, lack of growth or a host of other issues. I think Verizon is a well run, shareholder friendly firm that is years if not decades away from redundancy. There might be some bumps along the road, but this valuation and this yield are too much to pass up at these levels.