Member Info for mdmckea

Added more at £4.05.

GLA

FH: One of the huge (often overlooked) benefits of working in the office is the mentoring that goes on between the 'old hands' and the new people coming in.

The social interaction, shared coffee breaks, and the ability to actually show new people how and why things are done in a particular way - rather than trying to explain via a convoluted email - cannot be overemphasised.

Only when I was required to produce documentation deliverables, such as risk assessments, audit reports etc, did I find a distraction-free day at home beneficial.

My forum chat also is a see of green boxes - a result from blocking the many irrelevant political opinions that sadly seem to have infested this board.

Fortunately I still receive posts from those people who submit RR share price and company information, so all is well.

The globalist 'great reset' agenda requires that a nation's socioeconomic, finance, and energy structures must be dismantled in order to 'build back better'. So the current government puppets are right on track with their utterly pointless but hideously expensive projects (HS2, 11th Century windmills, solar panels so far north etc.)

However Donald Trump is beginning to turn the tide in America and I'm truly hoping for a UK leader of his calibre to arrive soon.

Two major needs for a nation are food and energy. Oil and gas provide reliable, continuous, and steady baseline power sources. That's why successful countries are so dependent upon them.

Zero Hedge article this evening:

"Brazilian planemaker Embraer has signed its largest-ever deal with Flexjet, the second-largest operator of commercial private jets, to supply 182 aircraft with an option for 30 additional units. The new fleet will include Praetor 600, Praetor 500, and Phenom 300E models."

Does anyone know if these Embraer models are powered by RR engines?

Many thanks.

The view of many American Silicon Valley types after having had access to China's DeepSeek R1 AI software (made OpenSource):

"these models are at least on par or better than the US ones and more importantly, significantly lower in training and inference costs and computing power requirements – a key pushback to the AI spend so far"

So because this new AI will require less power, is that the reason for RR's large fall this morning? If so it seems a little over the top.

I bought a few thousand on 12 December @ £3.95 each. As usual I wish I'd bought more... ;-)

So glad that I did though as I believe people are finally waking up the strong need for reliable fossil fuels to keep the lights on when intermittent green energy is low / non-existent.

I'm happy to hold.

Awareness seems to be growing of just how intermittent (and expensive) renewable energy can be.

Until we have sufficient secure, cheap, and reliable devices that can store (and steadily release) large amounts of sporadically-produced green energy, oil and gas are still very much a requirement to power homes and industry.

BP have sound products that nations currently need so I'm content to take the rough with the smooth. GLA.

"Clean Energy Benchmark Is Natural Gas: Today And For The Future"

Headline in Zero Hedge, 2 Jan 2025. https://www.zerohedge.com/energy/clean-energy-benchmark-natural-gas-today-and-future

I'm invested here, in BP, and RR (for their Small Modular Reactors).

I've no doubt green energies have a major part to play in our future but, much progress needs to be made on affordable and safe electricity storage (with failovers built-in) to account for the currently intermittent energy provision from wind / solar etc.

Russia very effectively demonstrated the power and accuracy of their Oreshnik (Hazel) hypersonic missile against the Ukrainian missile research site in Dnipro in November.

I'm not a fan of war in ANY way, but it was pointed out by Sergei Lavrov that the Oreshnik's 6 individual warheads (with sub-munitions) were travelling at Mach10+ (some 3km/s) when they struck. The kinetic impact was so severe that it reduced the entire site to dust. It was described as a weapon having the power of a low-medium nuclear strike but without the radiation. Also, at such speeds it is claimed there are no air-defences capable of intercepting it.

So, if war really is inevitable then, with appropriate government assistance, developing hypersonic missiles of this calibre is the way BAE should be heading. Or at least, developing air-defences capable of intercepting such hypersonic weaponry.

Because, if Trump does indeed pull the USA from NATO (as threatened) then we really are on our own.

Yes, already reaching for the filter button.....

In October of last year the share price was in the 60p range. And in October 2020 the share price was down in the 30p range (how I wish I'd bought more then...).

This October it's up in the £2 range so, although bumpy, the overall trend is up.

I did my fundamental analysis before buying a while back and determined that, compared to many companies out there, RR is rock-solid. So, not unduly worried and happy to hold for a while yet. GLA, and have a good weekend all you LTH-ers.

I very rarely post but I do enjoy reading these boards for the good information people kindly make available.

I bought a lot of UFO shares, using cash I could afford to lose. Although I'm now some 80% down with UFO the money has been spent, and what's done is done.

Having said that, the assets are still in the ground and I believe someone will have their eye on them. I've a few years left in me yet so happy to wait and see what happens.

Investor sentiment drives the market. Today the market assesses the value of RR shares at ~71 pence. Do I sell because I believe this company's shares are really worth only that? I don't think so.
We're going into a recession (or we're already in one) and things are likely to get worse. But, what goes around comes around and things will eventually get better. My investment is made and I'm not in a rush - I"m holding.

FTSE will drop like a stone tomorrow

I've been reading through the comments sections of various other financial sites and, unlike most of the people on this site it appears that many of the posters cannot see the wood for the trees. There's a mass of distractions out there comprising mainly covid and the Russia/Ukraine conflict, true. But one fact remains: Rolls Royce is a quality company with a quality product in demand.

So for me the shorters/hedge funds etc can do their worst but I'm holding and will buy more at this price. I'm no ramper I hasten to add, but currently the RR SP is too good to miss.

My RR portfolio is some 17% down. But my intention was to take advantage of this long-term hold in about 3 years time so, although I'm not exactly happy about the current SP, there's nothing I can do except cross fingers and wait. Wouldn't like to be a day trader with this share though...

I sold my holdings back on April 28th at 0.28. It was SS and his odd geothermal ideas that was the clincher. If he ever moves on I'll buy back in as I believe there's still some value in UKOG.

Bought Meggitt in March 2020 when the SP was 3.36. Done OK. Now holding RR.....

Acceptance of one/more of the many Covid vaccines should be by free choice. If you don't accept any of them and die, then bad luck. If you do take one/more of them and die (and thousands have) then again, bad luck. Do your own risk assessment.

None of the vaccines prevent you from catching or spreading Covid so it's up to you.
But I would advise everyone to look at Article 6 of UNESCO's Universal Declaration on Bioethics and Human Rights (http://portal.unesco.org/en/ev.php-URL_ID=31058&URL_DO=DO_TOPIC&URL_SECTION=201.html)

Along with Principle 1 of the Nuremberg Code (downloadable in PDF form from the BMJ library at: https://media.tghn.org/medialibrary/2011/04/BMJ_No_7070_Volume_313_The_Nuremberg_Code.pdf

Take care all