Member Info for NettlesTheCat

Well said captain - purring like a pirate cat that hasn't purred in years. 👍

Totally agree with you wakeboarder.

And a rather careless headline from the Telegraph on this occasion.

Spice Girls?

"Apologies."

Nothing to apologise for LesBoy - he wouldn't have agreed to the pay package if he wasn't confident in the future of RR 😂

It's part of his pay package. Happens every two months.

... just released. Hopefully clear up any issues.

“BS Question - If you built up your position by “price cost averaging” why do you “I lament the lows”? Surely, if you want to build up a position in a business for a long term hold, I would have thought, you would want to celebrate the lows - at least while building up that position by price cost averaging.”

Great post. 👍👍

I think the “lament the lows” statement was to suggest a purchase post the absolute lows (rights issue at 36p etc) was a decent thing to do.

Hoping for lows now, based on the majority of people here holding long term from that 36p, is difficult to equate unless you have an end goal.

If you chose to double your money, then yes, maybe RR is the stock to invest in now, for a gain to £7/£8 in the near term.

“Wish they’d all say “been following this board, with my other user name, for some time” “

Best post today sir. Cat cap off to you 👍👍😂😂

“Does anyone think the loss Boeing announced will have had any bearings on this share today”

Yes. If Tufan decides to go narrow body - which I think he will.

Again, and I’m so sorry to keep mentioning the CMD, he stipulated that he’d be interested in getting back into narrow body if he felt it was the right move to make - but he was very noncommittal. An almost off the cuff remark of “we don’t have to do it, but if it’s beneficial, we might”. (Paraphrasing again).

Personally, I think the board will go narrow body big time in the next few years, they’ll basically sweep up the chaff from GE and make RR the go to for all commercial engines (wide and narrow). There isn’t a chance in hell he’s looking at expanding the business and premises just for wide body.

Turks are already on board with wide engines, putting their foot in to get a good deal with future narrow body from RR.

We’ll see a lot more of it in my humble opinion.

He’s a sly dog - keeping his true intentions close to his chest, but he knows he wants narrow body re-entry.

“ No ones Perrrfect, plus you have 8 left, so you're all good fur more”

I’ll save them up for Feb 2025 👍👍

Fair call Red Inky (although I was hoping someone would pick me up on the Jet2 comment). 😂. I like to play a little, as you’ve probably noticed.

Not seen your decrease yet mate (apart from the obvious recede with the war situation) so I have think you were taking about the strike action, like many have commented on?

Can’t see it happening mate. Not giving away any of my contacts but that is not happening as far as they are concerned.

So, let’s focus on gradual increases to get to £7 come Feb 2025, and focus less on your desire for this to fall.

Deal?

Yeah, crap call. I hate Jet2!

Come on chaps. Too much hatred on this board for people who are meant to be invested.

Draw a line.

Quite agree NotZero.

It's certainly going to be an interesting/transitional year for RR with Tufan at the helm.

They should just give the guy what he wants - seems like he'll find a way long term anyway! 😂

… for the FTSE today. Can RR go with it?

I think so. Hats on for a 425+ finish. 👍👍👍

Great post👍👍👍

...having a nice effect of RR SP.

Great point Peak - I fail to see what good these 'last minute' proposals are for the country, they all be reversed or adjustment when Labour get it.

Call me an idealist, but wouldn't it be a great idea, for the country, for some cross party politics to happening right now, for the next 6 months, so the country benefits in the long run?

With that idea certainly not happening, I guess it's hard not to be slightly selfish and just take the fruit that is offered to RR and other companies involved with defence.

Should spill over to RR in some way:

https://www.telegraph.co.uk/politics/2024/04/23/britain-boost-defence-spending-2030-rishi-sunak/

"Rishi Sunak is set to announce that Britain will spend 2.5 per cent of GDP on defence by 2030.

It means the UK is expected to commit £70 billion extra on core defence funding over seven years than it does now, the equivalent of more than £9 billion a year."

I'm not entertaining any of this garbage. It is slightly worrying that someone is so committed to stalking that they chose to waste their good time posting such poison.

My only comment to you is be careful who you call a fraud. The exact comment from Helen was:

"To summarise, we are building a strong balance sheet which will underpin an INVESTMENT GRADE profile in the near term. When we have strengthened the balance sheet, we plan to resume SHAREHOLDER DISTRIBUTIONS.

Thereafter, we will optimize between shareholder distributions and further investment in the business. And our investment decisions are focused on driving greater value creation."

Further on when Tufan commented on buybacks, he confirmed Helen's comments and suggested the further investment could be in the shape of BUYBACKS.

I was paraphrasing with my report of what I saw and heard with my own eyes and ears.

Now, politely for the sake of this board, find something better to do with your time rather than stalk me like a wounded wannabe.