Member Info for NettlesTheCat

Shapps has said autumn for the announcements to be made.

If RR get 100% I’d be surprised, but very happy.

We may get some aggression from others bidding due to “bias” if all goes to RR (a UK company).

I’d have to revaluate my £7 Feb 2025 figure if RR get everything.

Tufan essentially put a halt on further expense until he heard from the UK government (autumn this year).

His views are clear in the Telegraph article today.

I’m just trying to air a point of realistic expectation regardless of the somewhat incredible results.

My previous stance on RR SMRs being a Ltd business far removed from any instant economical benefits to the RR.l we all invest in has to give way to the long term benefits hedges and pensions might see as a benefit (hopefully).

Sounds negative - sorry for that - but understanding exactly what’s in this report and the SMRs hopefully getting that 18 month time frame is key.

A lot of debt to repay in RR SMR Ltd and many other partners will get their share of the contract before the business we hold shares in see anything on the balance sheet.

Lovely for you to say Svend, and I’m hopping Tufan is being ultra conservative in his 18 month guidance, I’m sure he is.

I’m just being realistic to suggest it’s rather well hidden in the H1 report and it gives RR the opportunity to not start divs (which is the most singular reason for this to reach £7 in Feb 2025) until Feb 2025.

I’m boring enough to read to whole report.

I’m a cat, apart from this, I eat, sleep and lick my own balls. 👍

And yes Feb 2025. Paws working overtime and put 2026 instead!

Not meaning to kill any fireworks (hell, I’m the one who’s been calling for £7 Feb 2026 for the last three years), but this 18 month business focus part of the release today is very interesting and something we all need to be aware of.

If you’ve not read the entire release, RR are basically saying they’ve ran numerous models to forecast what could/should happen in the next 18 months and, more importantly, “they have finances to continue up to that point”.

That’s, one hand, awesome news as we know RR is around until Feb 2025 if they have a worse case scenario from here on. On the other side, it suggests to me that they’re not considering divs until the end of that period.

Barr the £2bln contract for SMRs that Shapps will announce in the Autumn, that gives us a period of time where the hedges and pensions still won’t invest as it’s not investment grade stock.

A lot can change in those 18 months as we all know from recent history, but I think a base level of understanding what this “18 month strategy forecast” means for SP is rather important.

Still £7 Feb 2025, but it might be left to a huge increase post Dec 2024.

Just my humble opinion.

*BoE won't instantly LOWER [not raise] rates at that time either

Although I'd love to agree, I can't see it myself.

BoE won't even think about starting to reduce interest rates until inflation is close to 2% target (or unless this target is raised, which it should be, to something more realistic like 3%).

Inflation falling to 4.5-5% by end of year means we're looking at least second half of next year before inflation is where it needs to be.

BoE won't instantly raise rates at that time either - they'll need to show they are acting on the side of caution and not being the slow-to-react muppets they've shown themselves to be this time around.

I'd say a 5.75% high and will be here to stay well into next year, if not 2025.

Interesting read:

https://www.telegraph.co.uk/business/2023/08/03/rolls-royces-profits-rise-ruthless-boss-tufan-erginbilgic/

.... thanks Confucius.

"In a report released today, David Perry [JULY 27th] from J.P. Morgan maintained a Sell rating on Rolls-Royce Holdings (RYCEF – Research Report), with a price target of £0.90. The company’s shares closed yesterday at $1.98.

Perry covers the Industrials sector, focusing on stocks such as Airbus Group SE, Rolls-Royce Holdings, and Boeing. According to TipRanks, Perry has an average return of -3.4% and a 50.00% success rate on recommended stocks.

Rolls-Royce Holdings has an analyst consensus of Hold, with a price target consensus of $2.00."

"Do you think David Perry is still in his job at Jp crackdowns??"

I've got a funny feeling he'll make up the fact that his zero on his keyboard wasn't working correctly and he meant 700p all along.

Bloody amateur.

When a company buys back its own shares. Generates a bit of confidence all round. I personally feel RR will will announce it at the same time they announce the div.

....they just screwed my on my latest holiday booking actually. Managed to take the payment twice and their not being quick to refund me!

But when you talk to them, it's like being transported to a lovely little Irish village with birds, butterflies and little lambs hopping around..... so it's impossible to get mad! 😂

....and it's green/blue.

Maybe you guys should log-on at 9:30am from now on. 😂😂😂👍👍👍

Bloody amateurs..... this will finish green today.

"Did you ask them to put that bit in for you NTC?"

I'd be lying if I said it didn't raise a wry smile. Everything seems to be falling into the masterplan......

..... looks cheap to me.

“ Payments to shareholders

We had a ten year track record of payments to shareholders prior to the pandemic but had to cease payments in 2020 to protect our balance sheet. We are still restricted by some of the conditions attached to our loan facilities from making payments to shareholders at this time. We are committed to returning to an investment grade credit rating through performance improvement and to resuming shareholder payments.”

Also Interesting that they suggesting an 18 month (until Feb 2025) forecast of workings.

Https://www.rolls-royce.com/investors/results-reports-and-presentations/financial-results.aspx