Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
@RonR - "to be stabbed in the back by your so called ally is utterly beyond the pale!"
To quote The Thick of It: "This is politics! There are no clean hands"
Also take care when reading anything written by Mad Nad. I've heard shes infectious.
Another telling quote from the original Bloomberg article for those of the glass half full persuasion:
"It’s not unusual for airlines and manufacturers to make up shortly after public disagreements. Air shows are a venue for negotiations, and publicly voicing dissatisfaction is a blunt tool to wring concessions from the other side."
Thai Airways CEO complaining RR is playing hardball on pricing:
https://www.bnnbloomberg.ca/thai-airways-slams-rolls-royce-for-tougher-stance-on-pricing-1.1996262
Is this before or after it drops to £1.50? You keep peddling excrement then calling it "a joke".
@Red_inky - you might want to check the dictionary definition of the word "likely". I think you might be looking for the word "might" - expressing possibility - as in "it might drop to £1.50" but lets be honest its just about as likely to be £0.75 or £7.50 as you getting this call right. Also when offering predictions, its usually helpful to offer a fixed timeframe so that you can be judged on the accuracy of your tea leaf reading.
likely - /ˈlʌɪkli/ adjective
1. such as well might happen or be true; probable.
2013 = 5.4
2014 = 6.0
2015 = 5.9
2017 = 9.3
2018 = 9.0
2019 = 9.8 < Peak production
2020 = 5.1
2021 = 3.8
2022 = 3.7
2023 = 4.4 (1H)
Read through all this - since I dont know anyone at RR who could tell me, I looked at the 1H statement, the appendices of which said they'd produced 115 civil large engines in 1H, so 115/26 weeks that would be 4.5 engines per week roughly. Is that the right way to be looking at this?
Got my VIX and Brent hedges in place. Lets see what Hassan Nasrallah has to say in 40 mins...
Was wondering what was driving this sudden upswing. Theres my answer. :)
SMR competitor NuScale having a rocky ride.
https://www.datacenterdynamics.com/en/news/lawyers-circle-nuclear-startup-nuscale-over-claims-a-24-reactor-deal-will-fail/
Am I right in thinking there should a trading update in the next week or two? There was an update on 3 Nov 20022, and before Covid one on 7 Nov 2019 so guess its likely, but wanted to check if anyone knew with a greater degree of certainty.
I'm off The Winchester...
I'd be surprised if the Saudis/Russians pumped more at this stage. We're at the point where the US is turning a blind eye to the Iranians exporting to China in order to suppress prices. Might see some movement next year if the US applies pressure in the run up to the election, but I wouldn't bet on the Saudi's to budge. They're after $100 to balance the books for building their new toy city.
Published on Sky News:
"Another name to look out for could be Tufan Erganbilgic, a former BP executive, now running the aircraft engine maker Rolls-Royce. Either of those names would go down well with BP shareholders..."
https://news.sky.com/story/bps-looney-was-the-last-of-the-turtles-but-who-could-continue-his-energy-transition-legacy-12960330
Given the exit of Looney at BP, wonder if Tufan is getting a call? Anyone think he'd take it?
Given Tufan's cuckooing of the management with his BP buddies, I now call it Bolls Poyce
"Big investors seek damages from Glencore over ‘untrue statements’ in prospectuses"
Related to earlier bribery case, but a load of institutional investors are suing for making untrue statements and omissions that covered up corrupt activities.
https://www.ft.com/content/6e1e447a-fe5c-49c7-a393-e7e57a1c6ccb
In both IAG and recently bought into Wizz after its price dropped sharply. Live out in the UAE and given the sometime extortionate price of flights back to the UK, I have on a few occasions used Wizz from UAE, quick 2 hr stop in Europe then on to UK. Always book the extra leg room seat and frankly I think its fine for a 5 hour flight. Its obviously not quite as pleasant but think they're on a par with EasyJet and certainly better than RyanAir imo. They seem to have had a bad reputation for cancellations, but all of my flights have been on time.
"If Labour gets into power"
When seems like a more appropriate choice of words.
Respect to you retirement for the profits. Agree with your reasoning, but I do remember you saying a while back that IAG would be £2 before RR :) I'm in IAG and would very much like to see that head above £2, but I'm holding what I've got in RR as I dont need it for a while.