The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Hi Reppyrr,
Would a labour government support SMRs? Chances are we will have a new government at some point this year? I too find it bewildering that RR are not getting mentioned as much as they should be, or is Tufans major announcement going to reveal that a slice of the SMR pie has been awarded to RR
I hold 122000 @89p, according how it travels up to 300p I will base my decision on possibly taking 50% off the table, if it rushes up to and breaks 300 easily I may wait for 325, either way I will be delighted as this is life changing in the sense I can retire 6 years early
Good luck to all
Hello, somewhere I read Turfan basically said the contracted figure was too low at 185$ hr, it was revised upwards of 300$ an hr, cannot remember the exact figure,I'm sure someone posted it on here a few months back, guess that's why we are paying a tad more for long haul flights
Https://www.reuters.com/sustainability/climate-energy/virgin-atlantic-fly-transatlantic-with-100-sustainable-fuel-2023-11-06/
Is this a coincidence this is on November 28th?
This does relate to RR, Well, 2010 i lumped everything i had at the time about 28K into BP, the day after the April 2010 Gulf of mexico oil spill, my memory has faded but i vaguely remember the BP share price plummeted from about 685 to 300 ish, i kept them them for along time collecting healthy dividends along the way, then Covid came along & as we all know the planet came to a standstill, BP went down to 188p with oil negative $40 a barrel, i was seriously losing sleep as along the way i had added to BP as the dividend was quite high , then BP SP very quickly came back and i sold everything just to get all my money back in October 22, exactly at this time RR had not started their SP recovery and i purchased 100K at 89p, 112,000 shares, after my BP scare i wasn't in the correct frame of mind to put everything i had into RR at that time, so moved it sideways into a bog standard 4% 2 year bond, but thankfully RR is doing well and my 112,000 shares will be a retirement godsend enabling me to finish work some 6 years early, like many of us on here i would have bitten hands off for 200p and said i'd be happy with it, now 300p is my target, maybe we shouldn't get too greedy and be thankful for this once in a lifetime opportunity to make our lives more comfortable, fortunately i am mortgage free, i enjoy travelling so will push the boat out on a few long trips in business class, making sure i am travelling on an A350 thou with RR engines on.
Regardless of what we all hold, we have all done brilliantly well, good luck to all.
May I ask why February 25 seems to be a very important date for the SP of RR, I've seen this date mentioned many times on the forum, several have predicted this potential £7 for the month of February in 2025, why is this date in time so critical to the SP, , personally id be ecstatic with 400p, thanks in advance
Anneliese Dodds, the chair of the Labour Party, said her party had "the plans to unlock growth, make our streets safe, secure the future of the NHS, break down barriers to opportunity and make the UK a green energy superpower".
Wonder if Labour are going to lean towards Rolls Royce for this green energy transformation
A quote from the government link:
Companies will be invited to bid for government contracts later this year with successful companies announced in Spring next year and contracts awarded in Summer
Says, companies, so we would hope RR is in the top 2,getting a slice of the pie, plus skilled job creation, highly paid jobs paying back 40% in tax back into the UK coffers, this should be a win win situation for both RR & the government, RR get to export them, more corporation tax income for the government, RR brand once again showcasing its expertise globally, all this seems obvious to myself, but I'm just an ordinary bloke in the street holding RR shares
With many airlines placing huge orders for the A350, I understand Airbus can only produce 6 planes a month, can RR support this with 12 engines per month? These orders are fantastic for the longterm with long maintenance contracts, but it will take some years before all these flying hours bare fruit, wish I was younger to be able to wait 5 years or so, running out of life!
Https://news.sky.com/story/us-narrowly-avoids-government-shutdown-12973908
https://uk.yahoo.com/finance/news/world-worried-saudi-aramco-world-160000039.html
zac0_4, Thankyou fot your opinion & advice, really appreciate it, Bp is the only investment i have had, the money invested was from Inheritance so naturally i am keen to safeguard it, i am not over familiar with investment products and my opinion of Independent Finacial Advisors is they generally have their own interests at heart, pushing your money in a direction that is their own interests. So should i sell BP and have 200k what is possibly the best options, ideally i would like a quarterly/6 month income stream, would it be best to split my money into 2 funds? Further lessening risk? Anyone reading too, I would like to listen to advice, please add comments, my personal circumstances, aged 59, still working 20% tax payer, willing to lock away 3 to 5 years, obviously upon advices/opinions i have to DYOR Thanks in advance