Member Info for Jimbo27

No its not, its the agm

There seems to be a lot of positiveness on this board and I’m slightly concerned it could overdone.

These tariffs will impact us, possibly in a bigger way than we think.

Airbus sell many wide body planes to USA companies, therefore 20% tariff, read that one company is delaying receiving them but overall this is gonna be a big hit.

RR might only tell us on the 1st May how they will be impacted at their AGM (not CMD as AZ keeps saying)

It’s possible that the UK government will hash some sort of trade agreement but will the minimum 10% stay in place

I was looking forward to the next quarterly (AGM) update as we always exceeded previous guidance but not sure this time round.

Obviously, happy to be put right

Dollar is at its lowest in years so that is definitely not helping matters

Rolls-Royce

Jet engine maker Rolls-Royce forms a key chunk of the UK's aerospace industry, one of the largest in the world.

The company relies heavily on the US as a source of demand for its engines, exporting around a quarter of its new models to America last year.

As a result, there are fears levies on UK aerospace exports could damage the company's business, which currently employs around 22,000 people in Britain.

Last month reports emerged that Rolls-Royce was drawing up emergency plans to shift production to its factories in the US and expand operations in North America to avoid any new tariffs imposed by Trump.

Rolls-Royce raked in around £5.5billion from the US last year, around a third of its total sales for 2024 and more than double the £2.6billion of revenue it made from the UK.

It is a key supplier to the US Department of Defense as well as major aerospace manufacturers such as Lockheed Martin and Boeing.

The company previously warned investors that 'rising protectionism' from Trump could lead to higher costs and 'realign' global supply chains.

Alongside Rolls-Royce, fresh tariffs threaten to deal a heavy blow to the UK's wider aircraft sector, which made £2billion from US exports in 2023.

Lesboy, any chance you can post article?

3rd Queen Elizabeth class aircraft carrier on the cards due to russian escalations.

It’s 1st April

Will be interesting to see what happens when it's finished in a few weeks.

Mike, buybacks continue till end of year, where did you get your info?

“May 1 at is CMD day”

AZ, 1st May is AGM, why do you always mislead and hype?

“If that leads to Rolls-Royce walking away, or the project being taken abroad”

Svend, bearing in mind golden share, how much would they be allowed to take abroad?

Surely not the nuclear element

Hmm, hasn’t helped RR

Https://financialpost.com/pmn/business-pmn/rolls-royce-seeks-space-partnerships-for-lunar-nuclear-reactor

Err

you had me down for RR 100% but now its 50 50 ?

RR 100%

Rio Tinto shelves $5 billion share sale plans following investor pushback - Bloomberg. Investing.com -- Rio Tinto (NYSE:RIO) Group has abandoned its plans to raise up to $5 billion through a share sale due to resistance from investors, according to Bloomberg, citing individuals familiar with the situation.

Thanks Fromage, decided to sell s&p index which got me over 20% last year, so your predicted 20% bounce would be nice

Hi all

first time on this board after i bought a few Rio Tinto share yesterday.

i did a bit of research and decided to make the jump, happy to hear other views on what the future hold

Didn't see any news on this

Napalm, hopefully some positive news come Thursday

Napalm

Was he? what sites/divisions did he visit? have you anymore to add?

Thanks Svend

Think the original $75B backlog was worded as below so a bit misleading, ie coming in

“And with a backlog of $75 billion in sales coming in… the profit opportunity here is enormous"