Member Info for invest_na

I'm averaging at 2.96p, I am hesitant to bring that down with the current RNS, over half my money is down at current price, what happens, happens, it was always a couple of £k gamble, win some, lose some ;)

Its OK, maybe they now do accounting.. but like you say, only ever dealt with them in acquisitions and disposals, personally.

I have worked with BDO in the past, only thing I have ever seen them involved with is finding buyers/investors for sales of businesses and assets.

East statement at the AGM that the sale proceeds will be used to repay debt is a key takeaway for me, think of it in terms of your own life, if you had debt and a potentially terminal illness and got extra money for selling off your shed, you would use it to buy medical care if you were in a poor state if no terminal illness, you would pay off that debt.

ahaha!

Investor Chronicles Recommendations: 05-May-22
Buy 2
Outperform 3
Hold 10
Underperform 5
Sell 0

I won't insult you but stop.

Well, lets leave the argument here and see what LTH brings, look at your wall street website and look at the chart for cash flow, net debt and income and even divi's for 2023, don't come throwing wild debt figures around then try and use an obscure website to debunk facts, we can look at websites also, we have eyes - we also can take into considerations actions by the company, the industry, government contracts and future earnings outside the scope of some web scraping website.

That website is not taking future offloads into any considerations.

Also, by your own "research" 24.7% Undervalued share price according to your website...

Some of the stuff on here, 60bn debt! hahaha.
Annual Results:
Net debt was £(5.2)bn including leases (2020:£(3.6)bn). Net debt excluding leases was £(3.4)bn (2020:£(1.5)bn)

With Operating profit for 2021 of £513mln and the sale of ITP at £1.5bn, that debt could be cleared from free cash flow if they wanted.

Can literally google in 2 secs (2021 Annual)
Improved financial performance driven by growth and cost reduction
Underlying operating profit of £414m (statutory £513m), recovered from prior year loss
Free cash flow substantially improved and ahead of expectations
Restructuring run-rate savings of more than £1.3bn delivered one year ahead of schedule
Disposals on-track with total expected proceeds of around £2bn
FY 2021 £(1.2)bn gross R&D on market-leading technology for new and existing markets

£ million 31 Dec 2021 Net debt (including lease liabilities) (5,157)

Avg 101.80p but then I look at highest price paid....291.09p

One day....!

I bought when it was 89p when covid hit and sold that holding at 187 and bought a smaller holding at 157, it if gets back to 187, I will be happy.

could be worse, could be Barclays!

I might be tempted if they drop below 100, above that , its not worth the locking money in them anymore than I already have, better options that pay div, like you say, this is an 18month plus share, it is equal to 35% of my holdings though so I'm following it closely!

I don't need the money for the next 3 years so what happens, happens - if a cash out scenario that is a no brainer comes up, I will cash out (150+), my shares in employment (locked against buy price 98p) have 3 years to mature so either way, I should (famous last words) gain in the long term.

completely agree, I did the buy monthly thing during covid, average is now at 113 but I got the rights issue for a large chunk of shares, some I bought at the lofty highs of 270+ at the start of covid but I released shares also, bought a new kitchen with the profits and reinvested in Lloyds (up 68% on that!) and also RIO who have had a blinder the past month, was in a loss for 6+ months with them but they pay a divi and i'm up 15% on the same investment value as RR, same with my Barclays shares, made just as much in divi as the profit on RR, this is during covid where losing money is next to impossible across a diverse portfolio.
but RR is a company I love, I work here, I believe in the company and its people, I have shares as part of my employment also so I'm very much financially linked to the company, luckily I trust them and believe in them, this will recover, just a question of when.

happens all the time, will correct during the evening, not sure why it does it, only H&L seems to show the delay pricing like that.

Hmm, I agree with your points but it ignores the right action that happened Nov 2020, that would have had an impact on its potential to hit 250p IMO.

I maybe went a little to far when I ended up getting a job at RR following all the research I did on them, well and truly putting my money where my mouth is! Its a great company, been here 3 months now and its full of some of the most talented people I have worked with and everyone is professional and cares about the tasks at hand, its a company worth investing in.

agreed, I have held this and bought my averages down since it was 290p back in June 2020!
I now have a healthy average of 97p on £30k, the corporate action helped bring that down. I'm a happy boy today! maybe a small amount to some but a massive amount to me and glad it is coming back up, I did feel like selling a few times but kept in.

civil aerospace business is closing for 2 weeks is it not? late July I seem to remember?

Still talking stock down, I see? why 75p? its just as likely to hit 115, its an uncertain stock in either direction - its actually quite a fun stock to invest in, like an emotional rollercoaster, keeps you young and on your toes ;)