Member Info for NettlesTheCat

I stand corrected - London Stock Exchange just updated to 444.80

Which is nice.

https://www.londonstockexchange.com/stock/RR./rolls-royce-holdings-plc/company-page

442.50 actually. Never trust Googles closing price, it's the price of the last post close trade.

"Barclays could do with re-rating..... currently still at 430 (unless I've misseed an update)"

I'm keeping my lips closed on that one.... 😂

Https://www.marketscreener.com/quote/stock/ROLLS-ROYCE-HOLDINGS-PLC-4004084/news/ROLLS-ROYCE-Goldman-Sachs-keeps-its-Buy-rating-46804225/

https://www.marketscreener.com/quote/stock/ROLLS-ROYCE-HOLDINGS-PLC-4004084/news/ROLLS-ROYCE-UBS-keeps-its-Buy-rating-46804011/

And a new one today, Deutsche:

https://www.marketscreener.com/quote/stock/ROLLS-ROYCE-HOLDINGS-PLC-4004084/news/ROLLS-ROYCE-Deutsche-Bank-reiterates-its-Buy-rating-46816229/

... these may have been missed today due to the AGM updates:

1) Goldman Sachs keeps its BUY rating - The target price remains set at 524

2) UBS keeps its BUY rating - The target price remains set at 550

Which is nice.

£2.56 actually (every penny counts).

£2.57

100% PEAKDREAD

1) Benchmark to issue Divs (based on the CMD declaration has been reached.

2) 2024 AGM meeting in terms of Buybacks stipulates:

"This authority will be exercised only if the Directors believe that to do so would result in an increase in earnings per ordinary share and would be in the best interests of shareholders generally. The Directors have no present intention of exercising the authority to purchase the Company's ordinary shares but will keep the matter under review."

That suggests to me that Divs will be soon with buybacks confirmed further down the line - pretty much exactly what Tufan stipulated at the CMD.

👍

Https://www.moneycontroller.es/noticias-de-la-bolsa-española/rolls-royce-holdings-plc/2024-agm-notice-1983948

… but yes, good day, and no news to back it up as far as I can see so maybe just natural growth to that £7 destiny?

I’d love to but JTT had them cut off!

JTT’s wife has them as earrings - b4sr4rds

Can’t. My feline legs don’t stretch that far.

“ Wouldn’t surprise me if after the AGM we start to see 5.50 to 6.50 upgrades!”

I quite agree 👍👍

And when it does get to £7 on Feb 2025, I won’t berate you mate. I’ll say “hey, well done we all got there”.

No hate my side dude.

Ar5nal, I can’t apologise for you getting into RR “back in the day”, at a higher figure than I decided to join the party.

I realised, like many, that post covid we had a good opportunity to get from 35p rights issue to a really decent figure.

So I did. In 2020. I can’t apologise for your higher entry years before.

I said in 2020, that this would be a 70bln MCap (come Feb 2025 if not before).

You are sounding like a bitten dog who had far too much at a very higher price.

That’s not my fault mate.

Charley, I really respect your conviction to point out the obvious to someone who will, no doubt, argue the sky is brown when everyone is seeing a blue one.

Alas, people of his demeanour are so set in stone they’re like exhibits at Pompeii and will happily dance around when RR IS £6.99 come Feb 2025 exploding with VICTORY it didn’t get to £7.

On the other hand, I feel £7 is due come Feb 2025 - have thought so since initial investment in October 2020. If it doesn’t, we’ll be close and I cat hug every LTH here as I expect they’re in a far better position than RI at 35p.

So much love to all fellow investors. Even those cemented in old school ways of thinking 👍👍👍

… and unlike yourself and Retirment, I won’t make a big deal about it, as I know many on here will have life changing money available to them.

That’s the goal. No hate to anyone sharing a differing view. We’re all in this together 👍👍

Ar5nal my friend, all I will say is from someone holding shares as long as you have, and for you to berate anyone on here who has a different take on things to you, I consider your view to be null and void.

I hope you have the amount of shares you suggest you do, as when reaches £7 in Feb, you may be kind enough to throw a herring or two my way.

Until then, all the best. 👍

“ Can someone remind me again what’s taking this share to £7?”

Exactly as PEAK mentioned (spot on).

Plus, when has a cat ever let you down?

“Peakdread I admire your optimism but share buybacks and debt will be paid before dividends “

CEO and CFO are wrong then? Last CMD stipulated a return to shareholders (divs) once investment grade has stabilised (as it has now).

Buybacks were announced as a possibility “as future returns to shareholders” thereafter.

Or you can be Ar5nal and not do any research.

Happy weekend all 👍