Member Info for jedclampit

Good morning Kall, you make some very good points.
We all know that pfd has been pinned on the ropes with it's hands tied behind it's back for the last 5 + years all down to too much acquisitions and debt.
I beleive the current BOD's have made their minds up to clear as much of the debt as possible as fast as they can now and then move forward, it's the only way to solve the problem , and I think the city agree. Once they announce the ratio or debt etc in the results the sp should move up nicely.

Theres the 106.

Berenberg Bank also up-dated their price target for RR to £1.50

up to £1.04 +

GOLDMAN SACHS CUTS ROLLS-ROYCE PRICE TARGET TO 162 (169) PENCE - 'BUY'

So still £1.62 and a BUY

Sit tight another 3-4 days I think we will hit £1.10 before the results are out at this rate.

I think was at 11.am, any feed back from anyone.
There must soon be some broker up-dates on price etc following the AGM.

There are currently a number of nuclear powered warships in the world and RR plus a number others are working on mini nuclear power plants so the day nuclear powered planes may not be too far away. Now that would be a break through.

Seems to be holding up ok, just look at many others down 4%-6% it's just the total market and not something RR has done.
Just sit tight a few days and all will come back better.

With this, we have taken significant steps, including successfully testing 100% sustainable aviation fuels in current generation aircraft engines in Derby, while our Spirit of Innovation all-electric aircraft will take to the air within weeks."
Looks like some very good work has been going on in Derby.

Looking ahead, we are confident that the significant restructuring actions we have taken in 2020 will deliver permanent cost reductions, positioning us well for the rebound in international air travel. In Business Aviation we are very proud to recently announce that Dassault has chosen us to power their new flagship Falcon 10X aircraft.

We are committed to our net zero targets and seizing the opportunity of supporting the transition in our end markets to low carbon and net zero carbon solutions. In the last few months, we have taken significant steps, including successfully testing 100% sustainable aviation fuels in current generation aircraft engines in Derby, while our Spirit of Innovation all-electric aircraft will take to the air within weeks."

In Defence, we have continued to perform resiliently with high levels of backlog cover following a strong period of order intake in recent years. We await the outcome on our tender for the B-52 new engine programme, where a decision from the US Department of Defense is expected in the second half of this year. The UK government's recent defence review confirmed investment in technology-led solutions supported by the increase in defence funding announced last year, including £2 billion for the Future Combat Air System.
About Rolls-Royce Holdings plc
1. Rolls-Royce pioneers the power that matters to connect, power and protect society. We have pledged to achieve net zero greenhouse gas emissions in our operations by 2030 (excluding product testing and joined the UN Race to Zero campaign in 2020, affirming our ambition to play a fundamental role in enabling the sectors in which we operate achieve net zero carbon by 2050.
2. Rolls-Royce has customers in more than 150 countries, comprising more than 400 airlines and leasing customers, 160 armed forces and navies, and more than 5,000 power and nuclear customers.
3. Annual underlying revenue was £11.76 billion in 2020 and we invested £1.25 billion on research and development. We also support a global network of 28 University Technology Centres, which position Rolls-Royce engineers at the forefront of scientific research.
4. Rolls-Royce Holdings plc LEI: 213800EC7997ZBLZJH69

Looks good and just what the city wants/ needs to here as everything looks like it's on plan. I think the drop in sp over the last few days was just a little fear things might have got worse but haven't. Once the asset sale is agreed the sp should make very good progress.

I thought the sp would have gone back up today after the fall yesterday and almost bought in at £1.95, maybe just sit tight for a few more days.

But you just love it when we have a few very bad days on the markets, if you are quick sometimes you can make a few bob on the big falls if you have some spare cash around.

Life has been extended to 23/24 has it not, so may be they won't now try to sell it but just milk it dry. So maybe we shouldn't expect any sale money coming in. Just a thought. !!!

Took a punt when the market was 207 points down and RR was £1.02, looks like I might have made the right call today for a change but it's still early and we could go back down.

So with the ftse down what 190 points and we are down 6p ish, what's going to happen in the us.
Is the market going to open down , if so the ftse will drop more and we could be down another 2-4p but if the US opens up who knows.

We shouldn't get hung up on Paulson, who cares if they sell the most important thing is that someone is happy to buy the stock or maybe any/ all the stock.
We now have a new owner ie Kemp buying up a good stake and happy to do so, and there will be many more that will want to stock as PFD improve their position with lower debt and growth with more profit. Anyone that is buying now around this price must be looking at £1.50 in 6 months.

I haven't bought in myself either yet and until I see something that shows they are different from others and start to make a profit I will probably stay out unless they hit £1.50 ish, then I might take a punt.
Otherwise it's just been a big hype where the city tried to make a lot of money but failed.

No given a few months and we could see £1.20- £1.50.