The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
In fairness, if ellis has done his own analysis then the sp must be heading that way. I could have fallen off my log when he informed us if a recession and the implications.
Just sold all my pf. Cheers mate for taking care of my financial security and will await further analysis from you when I need to buy back in.
The point is we need coal for the steel. This is not about changing direction on policy to coal powered generation , although short term that may be our only choice until nuclear meets demand capacity.
The SMRs will get built as it is now clear that we have to be self sufficient.
As a footnote and slightly off topic but relevant in relation to our green policy moving forward. I have an EV and a diesel. The current Mrs leas has a petrol vehicle. If you factor in the extra cost of buying an EV my diesel/petrol vehicles are cheaper to run and I’m not replacing the tyres every 10k miles.
The world is mad and any expectations of going zero in the next 30 years is imo unlikely to happen.
Metom
Very eloquent. I live in the county of Lancashire and Cumbria. This is welcome news to the community. Can I point out one or two facts that are missing. The British steel industry needs thus grade if coal to produce the quality of steel that is in demand. If we cannot produce that steel then we have to import it, probably from India.
Our other alternative is to use coal from Russia which of course is not viable at the moment and the carbon footprint to import it is much bigger than home produced.
The mine is not deep and environmental impact is low.
Easy answer guys. If you are concerned about the wider markets and the implications for the sp here then sell.
You were posting similar stuff when the sp was in the mid to low 80s.
You are pu55ing in the wind if you think you have any influence on the short term sp.
Most here are here for the longer term.
Great news Emerald, maybe have to suffer an increase in deaths which is very sad but like the rest of the world they have no choice.
When flight numbers increase which is inevitable, revenue from servicing contracts should increase too.
'Trouble with China is that they are used at buying everything cheap'
Badland, perhaps they will buy RR.. :)
Perhaps the world should take a lesson from the Russian Ukraine war and 'row back' from being wholly dependable on cheap slave made goods. All arriving in containers (made in China) from China.
At least the USA try and disguise their origin by registering them first in a small US owned island in the Pacific. :)
I think you guys are missing the point. This is about the ability to pay that debt down. The ‘jam tomorrow’ is what will be paying the debt off.
This gives confidence to the institutions that debt will be covered when the contract awards are bringing in revenue.
I’m here for the long term and already in profit but happy to add on the dips. Nothing goes up in a straight line as they say.
What it does demonstrate, is that RR ability to pay off debt should not be of any concern for the institutions, Should put further pressure on the remaining 'shorts' to close before the new CEO is in place. Flurry of news it seems at the moment and all positive.
If you read the article fully, it states that the award will be formally announced next week in Washington at the Association of US Army conference. So, I would expect that id when a RNS will be issued. ,
Badland, it's a start and another revenue stream to pay down debt. Some flight companies in China will recognise the need for having their planes ready for use after many have been mothballed. Already flight searches are up massively over there.
Time will tell but good positive news.
https://www.chinatravelnews.com/article/169119
Great news for RR and forward revenue. Huge number of servicing contracts out there that will resume. Imo, easing upg up of restriction will accelerate now that there is a shift of policy.
Only a matter of time before the news is reflected in the sp.
Newtothis
I posted a link last week in relation to China and it’s flights. Just my opinion but this is the main reason why the sp is being held up.
China’s pandemic strategy has backfired massively over their. They use their own developed vaccines which are at best 70% efficacy compared to 90% elsewhere. Also they have tried to avoid’herd immunity’ causing lockdowns to be the only alternative.
Worth following news reports over there as it should serve as a bellwether for this investment.
Thanks guys for the links this weekend, thankfully not lost in the usual repetitive posts you get during trading days.
Thanks phil
Good news for RR order book, especially if as big an order as expected. Maybe some airline companies will purchase the 787 in order to reduce the number of flights for smaller aircrafts. Certainly a commercial way of reducing emissions.
Surely with the new CEO due and all this news we should see a reversal of the sp direction.
I know this will only interest the investors here but even the 'shove a penny' guys may like it too. Potentially more revenue coming back to the company. Good news and should see a few analysts change their outlook for RR.
https://www.chinatravelnews.com/article/169006