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"So, can I ask, if all seems good in fanfaces office, why has it dropped so much and is inches away from the 1.30s"
The Amazon indoor camera the stock market put in his office was on the Blink.
"Now Metom is out, we will raise performance and the share price will rise, yukarı gidiyoruz" - Tufan Erginbilgic
Thanks marketduster, I guess an underlying part of my question is how much money is required for RR SMR in total, which obviously can't be answered as the company has not said - do you think the grant money that keeps coming from UK government is for the 3 factories and other costs up until the point of it's first sale? Again, genuine question, as I know people argue a lot of this forum.
Thanks Conger, I did know it was roughly an 80/20 split however thanks anyway
From Wikipedia: "In March 2023, Rolls-Royce stated that the current programme funding of £500 million will run out by the end of 2024, and requested negotiations with the UK government to find fresh investment. Hiring of new staff was stopped. About 600 staff work on the programme in Derby, Warrington and Manchester.[18][19] At the end of March 2023, the head and finance officer of the SMR unit were replaced by the newly appointed CEO of Rolls-Royce"
So far RR SMR has been funded by various grants from the government which has funded design and running costs, I imagine more money will be found to continue that support especially with the news over the weekend regarding G7 aiming to excluded Russia/Putin from the nuclear industry, there's a government release on that if anybody hasn't seen it.
My question in a nutshell is how does RR SMR work in terms of initial start up costs until it is generating money, RR has 80% share in RR SMR, the company obviously can't take on debt from a bank as it is a separate entity with no revenue, my question-ish is, does a) UK government place an order and pays up front for a couple of SMRs in which case no issue, or b) RR and partners input start up costs on to RR SMR balance sheet according to their 80/20 split, or c) other
It's a genuine question, I don't know if you took offence at the sight of "rights issue" marketduster as I know we have idiots come on here frequently and deramp, that isn't me, I'm a LTH and have a genuine question around the process of initial start up costs for RR SMR
For b) Ideally RR SMR would start production tomorrow but I believe that would require capital input from the holding company and likely a rights issue for it, however RR SMR could kick off in say 3 years time and RR could input those costs with cash generated
That's the question I'm asking marketduster. Both RR SMR is a separate entity and RR SMR needing capital are true, my question was does anybody recall the details of initial funding for RR SMR capital requirements? The money that will be put on RR SMR balance sheet isn't going to come from nowhere and I can't see why a partner would put up all the money required without RR also inputting capital to their stake ratio in RR SMR
Just to be clear as I know how polar this foum can be, I am a LTH here and just because I mention a rights issue doesn't mean X, Y or Z - the company could have a rights issue in a positive way, for RR SMR, rather than a need for cash to survive as is usually the case
I've bought in here this morning, probably should have a couple of years ago at the lower price, however it is the recent trial results that has taken AZN off my watch list and made it a must have for a diversified portfolio. I am holding medium-long term and unlikely to post much here, good luck all
Does anybody know where the initial start up capital will come from? I can't see it announced anywhere and suspect RR will need to input capital as a ratio to match partners? If this was in the short term RR may need to borrow more debt or have a rights issue, anybody have thoughts on this?
Morning all, does anybody recall where the capital is coming from for the first SMRs, the start up costs such as a factory, warehouse, materials, etc
RR SMR is a separate entity, and so I don't expect it will be reflected on RR balance sheet unless RR directly contribute capital to match the partners listed on RR SMR website
Fair enough Nettles, enjoy the penny stock trading
Though I'm holding RR long, I'm glad this SP hasn't caught the eye of traders for a while, as Buffett/Munger say, they don't short the great companies, hopefully RR is heading in that direction
Nettles, do you not want your shares to be boring? RR has been a share which has been heavily traded in recent years, for me it's a mark of quality that the SP is stable awaiting an update on company fundamentals
https://www.channel5.com/show/inside-british-airways-24-7
Some good coverage of British Airways and Airbus in this documentary. You know, if anybody is looking to further research the company instead of day trading a number on a screen. The sun is out and there's planes in the sky, have a good day all
Good to see the new CEO making his changes, will be interesting to see the strategic view trickle out, thought we saw some in the results presentation and is clearly now in motion: "Kovuldun!"
Looking forward to ordering a big Turkish kebab when they achieve investment grade and reinstate the dividend
Stop sneering.
Unluckyinvestor, war is bad and it was Russia's decision to go to war, you won't get them or any aggressor in life to stop if you surrender or concede things
Just checking in to the forum after a while, hope people all are doing good, RR in a much better position today than it has been over the last couple of years - interested what the new CEO/team will say at next update
Has somebody sneered at you in recently in life and you regret saying or do something about it? It sure sounds that way, have a good day my man.
Spreading ideas? They sound like the SafeStyleUK advert "I say you buy one, you get one free, every share you buy I'll give you another one absolutely freeeeee!"
Aviva is a good company, just buy it on good motivations and don't gamble, it's not that kind of game.
I wonder why gamblers come on to these forums in general, is it because the gamble isn't enough and they have to accompany it with words and sell the gamble to others to reassure themselves or something?
The thing with investing is, you need to understand your level of risk, if you're not comfortable holding Aviva post dividend then don't buy it for the dividend to begin with - you have to think two things, what will I do when the SP goes up and what will I do when the SP goes down - if you're going to panic when the SP of your chosen companies go down because you have no idea why you are invested in the company then that is a sure fire way to lose money.
Aviva is a nice company but I wouldn't be buying now, in my view if you're tempted by the carrot the idiots below are trying to sell, you will have more opportunities this year to buy, and make what you don't receive on the dividend in additional SP capital, when more information is available on the banking crisis which won't come out next week but over the next 6 months
This forum used to he very slow, in a positive way, with considered posts and long term holders considering long term prospects of the company. Now amidst banking concerns every gambler in town wants to put their money on the post dividend reaction, just go the race track if you're not buying Aviva to hold long term.
Where are the group-think idiots I was speaking to on here yesterday? Running a democracy on what they all think would be 'yet another disappointing results day where the share price falls'
China is open, my man.