Member Info for NettlesTheCat

... in my humble opinion of course.

😂

Tufan/Armstrong will issue a 1% yield on current SP when divs are announced without mentioning it's a yield calculation.

So if it's £5 sp at that time, expect a 5p div.

"Dividend for 2024 at 2.23p"

Saxo did that back when it was 250 sp and warranted a 0.9% yield.

Easy for analysts to talk numbers with divs but yield is the only way to get to a true Div.

Current yield on RR being 1% for entry to divs.

*hear

Fitch was always the rating we wanted to hear from.

I actually didn't think we'd here this side of easter, so I'm wrong again!

Facts are, CFO at the CMD confirmed Divs coming back when investment grade was stable so we're now into Div territory.

I'm expecting 1% yield.

I'm expecting that to be announced at Q2/H1 latest.

....I'd also like to thank my wife, my wife's wife, my kids, my kids uncles, my....

(Realised that previous post sounded too much like an Oscar speech but I'm very happy to be right for once!)

Fantastic new Mystic - a virtual high five to you for this data mate.

And yes, this is the turning point chaps and chapesses:

As solidified by the CFO in the recent CMD (and I paraphrase of course!):

1) Payback to shareholders will come after a solid investment grade is settled (and we all knew they were waiting for the Fitch rating)

2) Not only does the Fitch rating mean pensions can now invest without insurance issues, it means Divs will be announced Q1/Q2 (at about a 1% yield to start with in my humble opinion.... let's not be to greedy too soon!)

3) £7 come Feb 2025. Always has been from October 2020 when I first stated in, but I'll be humble. I'm a cat. What do I know? I find it hard to get into a block of really tightly wrapped cheese, so I'm not good at everything!

But a serious well done to LTH on here - Mystic for his/her continued awesome info (although we had some rough times there) and all those who believed this would be what it is destined to be.

Well done cats!

What Svend is trying to say is none of the analysts have the balls to say £7 come Feb 2025 4 years ago. 😂

They'll keep raising their estimations as the SP continues to rise..... I suppose they need to stay in their jobs after all.

"Knock-knock-knockin' on the 430 door......"

https://www.youtube.com/watch?v=rm9coqlk8fY

£4.27

"I also think your £7 in Feb 2025 prediction is wrong Nettles. Maybe retirment's thinking is similar to mine and he thinks the SP will be £8.50 or £9 come Feb 2025??"

😂 😂 😂

*** Circle off RR BB members in limited edition "£7 Close" t-shirts repeating "£7 Close, £7 Close, £7 Close......." ***

Who do we offer as a sacrifice?

"NettlesTheCat only way to make money is old recovery stocks which there are still many."

I quite agree. I too have recovery stocks in my pawtfolio.

I'm surprised you didn't get onboard with TUI at the same time you got IAG.

"NettlesTheCat what are you going to say when the SP £1.50/£2 off your Feb 25 figures ?"

No point wasting time rehearsing for something that isn't going to happen 👍

"NO DIvs in 2024" - Retirment

Another one for the album.

"No it's big fish selling out the UK market and thinking RR is about done now."

Time for me to borrow any extra hands available as mine are all facepalming.

Retirment.

David's post was "How much dividend WILL we be getting.", not "How much dividend ARE we be getting".

...and now we're seeing the increase.

My shares are purchased shares (not spreads). Did anyone get caught out with the stop loss around 411p this morning?

In answer to your question David, I personally feel a 1% yield will be likely as a re-entry to paying divs.

I hate to see those 'blips'..... reminds me of when a lot of people missed out on the sudden rise soon after as their stop losses were triggered.

MM manipulation? We'll know for sure if this booms later today.

Rolls-Royce is expected to accomplish earlier than scheduled its medium-term profit and cash targets, as well as its return to dividend, Morgan Stanley said in a Tuesday note.

Analysts said they are growing more confident regarding the prospect of the British aerospace and defense company hitting its operating profit guidance range by 2026 and surpassing the target altogether by 2027.

Furthermore, analysts anticipate the company's management to declare a return to dividend in its financial results for the first half of 2024 as opposed to the previous forecast of by financial year 2025.

Analysts noted that they considered supply chain challenges, as well as uncertainty surrounding interest rates, inflation and job security, in their projections.

Amid the forecast, Morgan Stanley increased its price target for Rolls-Royce to 5.20 pounds sterling from 4 pounds, with an unchanged overweight designation.