Member Info for LSELoser

what a day to announce your annual results! bummer

Not generally a trader type but the fluctuations today are mad, flipping between RR and banks on the divergences. Seems to be getting a little back until I mess it up lol

Oh dear bad day today wish i had some spare cash to invest

result day: price up or down tomorrow?

I think with the improvement of travel again its time for a bounce back to the 125-130 trading range very soon. I'm back in at 117 (a bit high but can't always hit the low point). Fingers crossed.

Nice site thanks for that :). Good performance as well but thinking someone should 'float' the idea of turning carnival cruise ships into container ships! That may sort them out! :)

Thanks Botbot - trent engine issue, that explains it, which makes it a lot clearer. It is clear that the company can make significant cash then. And I do like the positive news out there. Future looks good long term. Think the short term will be a slow climb still (due to lack of divi and need to prove some results) but at least I feel better buying back in at an opportune time.

Thanks

Since buying in on speculation then trading a bit, I dug a little deeper (obviously did that the wrong way round). Can anyone explain why since year end 2016 RR has only made a profit once (the data I have shows annual profit for RR in descending years ie 20, 19 , 18, 17 , 16 as (3,169.00) (1,311.00) (2,393.00) 3,383.00 (4,032.00)).

So it seems even prepandemic they lost significant money. I mean I would expect 16,18 and 19 to be profitable? My worry is that a share that pays no dividend and doesn't have a great result history - is the value limited? Or were there valid reasons for those poor results?

Im thinking 140. But obviously hope it is higher for all!

Sold all IAG shares today should have done before 2% drop but still taking some profit - going to sit in lloy until RR or IAG present another buying opportunity (short term of course). Not feeling the love for RR and IAG shares today. But who knows....

Who rules us????? and also wasnt the M25 built during the WW2?

There has to be more of this rally left if the Pfizer results are real. That's a major breakthrough at least for travelling. And seems it was only news 1 hour ago. So I would think this will be a good couple of days coming up.

Pfizer is an interesting looking investment.......

So there you go I decided to do some research (always a mistake) and read https://www.hl.co.uk/shares/shares-search-results/r/rolls-royce-holdings-plc-ordinary-20p/financial-statements-and-reports . anyway compared it to IAG (which I said I would not buy) and decided to change from rr to IAG. So literally at the moment the RR price started to pop I sold and bought IAG. Sold RR before the pop and bought IAG slightly after - things do change quickly. So bit of bad timing. Whats driving the shares now?

So in my view this:
'The Board decided in 2020 that, given the uncertain macro outlook, they would not recommend a final shareholder payment for 2019 or make an interim shareholder payment for 2020. In addition, under the terms of certain of its recent loan facilities, the Company is restricted from declaring, making or paying distributions to shareholders on or prior to 31 December 2022 and from declaring, making or paying distributions to shareholders from 1 January 2023 unless certain conditions are satisfied.'
seems to be a big drag on the shareprice for the next 9 months. I mean RR i big enough it needs funds to buy in - but those funds like dividends I would think. Just doesn't make RR that attractive.

But my question is what are the conditions that need to be met for RR to start dividends from Jan 2023. Are they going to meet those conditions? Anyone know?

What I don't understand is the disconnect on the P/E for RR. If its sitting about 3 then I would think a P/E of 10 is achievable - therefore a shareprice of about 3 time s current. Is there something throwing off the PE figure at the moment? Would Asset sales contribute to a higher and temporary elevated P/E? My accounting knowledge is not that good? Maybe sale of an asset at profit contributes to a one off increase in profit?

Well there is my problem. I am short on ideas. My pension has been holding a lot of lloyds in the death grip of hope of rebound. So basically just been doing a little SIPP trading to spice up the day. Got into RR as thought it was a recovery stock (still do) but basically been switching back and forth between RR and LLOY lately. I would love another idea but been burned so many times in the past with the tech share meltdown, bank failures and COVID I am a bit gun shy.

I feel i have a handle on LLOY and a bit of an Idea of RR movements - could be wrong. But if anyone has some other ideas that arent too risky then would be great to hear. I got a bit of Ethereum @ £400 a few years back but not much and just going to sit on it. One days its worth 100 then next its 4000. Leaving my long term lloyds in pension till they get back to where they were. I guess thats why my sipp i am more tradey because those long term death grips can go nowhere for a long time.

IAG was a thought but it worried me due to debt and the fact that allowing flying just doesn't mean they get back to normal straight away. short on ideas...

Haha Mystic how old are you? Do you really think people have the time or effort to spend making multiple accounts on a small share chat? You must be one of those Q anon guys hahaha. Anyway someone made a good point with IAG didnt realise results were coming tomorrow. Can't figure out why the big bump in travel today. Did figure the big loss in banks seems to be the interest rate decision - which will make them a good buy again in the near future for some short term £.

Anyway mystic seriously get a life and contribute some share chat and revel in the discussions.

This is such a strange share chat. Such intolerance. Why not just let people have their views, some say it will be £7 some say it will be 80p. It shouldn't be personal. I got flack for selling out at 148 (bought back at average 134). Sure we all like the share to go up and long term looks good. Personally I think the short term will be a bit up and down. I think a more steady rise will happen after results show progress and dividends are looking like they will come back. I ask why buy long term when there are better short term options that are paying dividends and also a recovery stock. So my view (and I am mostly wrong) is I will trade this short term (not buy and hold for now), if it hits 145ish then I look to bail and buy back lower - unless it on a rip upwards then will hold longer.

But mine is just one of many opinions so dont slam me because I think this stock is limited in the short term unless something amazing happens. Relax be happy :)

I think it is good to have someone like trevor on as it does make people question things. I agree with some and not with other points. I think his point that the nukes will not be a meaningful income for a while is correct. But at the same time alot of what Rolls does seems to be based on locked in future income. Also even though they may not realise the income for a decade - speculators will buy into the share based on that future potential. I remember buying into fuel cell companies just before the dot com crash lol. Likewise the B52 deal is over 10 years i think. So there is potential for shortterm bad news drops (covid etc). I think 136 is a good barrier to retrreat thouggh so should edge higher in the next few days.

But RR looking strong today, ftse down and RR even or better at the moment. To me that implies some short term upside . Longterm I like the shares as well - but i will trade the swings for now.