Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Inflation has a big effect on what your 2 2% of gdp can buy. Having had inflation at around 10% over the past year, it means that your 2.2% actually buys 10% less in terms of equipment & military resources than the year before. At this time with a generally stagnate economy our 2.2% is just buying less & less in real terms. That means we are becoming less & less protected as a country.
Inflation has a big effect on what your 2 2% of gdp can buy. Having had inflation at around 10% over the past year, it means that your 2.2% actually buys 10% less in terms of equipment & military resources than the year before. At this time with a generally stagnate economy our 2.2% is just buying less & less in real terms. That means we are becoming less & less protected as a country.
For Rolls-Royce Holdings PLC (LSE:RR.), even though it was the FTSE 100’s best performing share last year, almost tripling in value as its post-pandemic revival took off on the back of a recovery in airline flying hours, Jefferies said the story does not end there.
A multi-year recovery is predicted by analyst Chloé Lemarié driven by three points: the end of the services contract repricing started last year, the benefit of market-share gains with 35% of the installed base of wide-body aircraft and 50% of the current backlog, and only 16% of the fleet over 15 years old, and the long-term potential to re-enter the narrow-body airline market.
“Rolls-Royce is only in the early stages of its recovery, with almost a doubling of EBIT and free cash flow expected by 2027,” the analyst said, but with the shares trading at a discount to peers.
The share offer a 14% potential upside to Jefferies’ target price though
I'm wondering if Turbo Tufan once he has sorted out Rr , might consider a new career in politics. He clearly is able to make good plan and actually deliver on them.
Uk plc needs the same kind of leadership, rather than the dither, dither and delay that we currently have.
Just a thought!
I agree City. Rr. Fundamentals are strong and growing, as proven yesterday by the 2023 results. Only blue sky ahead for this company despite the snail pace of the inept bunch in Downing Street.
It's Friday there will undoubtedly be profit taking and after such a large rise in the SP yesterday, it is bound to be down a little today. Oh if only the SP would rise everyday.
Forget Berenberg, they are out of step with everyone else.
No no no Nettles. It's not hatred. Just disappointment, disillusionment and dispare.
They have completely wasted the great opportunity the people of this country gave them. Wasn't it an 80 seat majority?
As for the competition/ tender process, they have had years to get this arranged/organised. Yet, now we have delay and more delay.
Don't get too excited folks! We have a bunch of incompetent spinless selfseekers at the helm if the good ship GB. You really cannot bank on them backing Britain or British industry.
The Conservative twats cannot be relied on to make decisions that back Britain or its people. They have no long term plans for this country, it's energy self sufficiency or the interests of it's people or workers.
Watch this space! Let's see if I'm wrong!
Is it "Britain first!" I doubt it......
With the SP rising, divi increased and business picking up, hopefully this will head back towards £1.50 soon? Any thoughts?
Another very strong set of recovery results with excellent dividend. Well done to the IPF team
Yes, a great week & great results. The planned SMR work for the future should bring in multi billions in the long term and not make this share so dependent on aero engines etc
Looking at the longer term so. Some are hoping for £7 ish in the next few years but, I can only see this getting to £2.40 ish, bearing in mind the large Rights issue last year. Any thoughts please?
The problem with MCRO is the high level of debt that it is carrying. This is causing great uncertainty and an unstable share price. It would be much better for the company to come up with a positive strategy to deal with the debt rather than chucking increasing amounts of money at Dividends. Hopefully they will announce not just improving turnover but, also a plan to reduce debt. Personally I would rather have an increasing SP as a result of market confidence than a few sweeties given out as dividends. If anyone at the BOD looks at this board? DEAL with the DEBT!