Member Info for NettlesTheCat

Just for the record - I totally agree with you Dusty. What a massive shame we consider war targets that include innocent people.

Well said sir/madam.

Oh, you mean why I'm NOT balls deep - sorry, just finishing off some work here.

Yes, I missed the boat on that one sir - Looking at MCap as we speak....

"jon, i'm confused,as a man of your considerable sp analysis, why you aren't balls deep in eee."

If that's to me Cev, I have no idea who EEE are?

If it's not for me, then I humbly apologise.

Yes with RR - just waiting from my SJP Pension to get over to my SIPP with Barclays then I'll be doing something my SJP advisor said I always should (and it doesn't involve RR).

"Spoken like it was some Genuis moment. Like almost an Epiphany "Buy Growth Stocks and Hold"

All this time I've been buying crap, putting crap on it and hope to hell that all the crap grows.

Who knew you had to buy growth stocks?

Thanks Shareflyer - you should start a blog mate! 😅

“ Buy good growth stocks and hold.”

No sh8t Sherlock! 😂😂

(correction, they've already installed their own R&D) 😂. Laughable.

If you still don't believe me, ask Tufan or McCabe the same question:

"When does a 2023 account of negative 78m turnaround that allows RR PLC to gain on their balance sheet?"

Simple question - I know the answer... but feel free to ask.

I'll save you the time:

https://nettles-investments.co.uk/RR/companies_house_document.pdf

That company is bankrupt without the parent companies - they need to be cash rich, and then pay divs galore to those involved.

RR PLC will see zero for at least 5 years.

Again, look at the last graph Tufan showed at the CMD.... it was mid term (5 years) then capital growth for the PLC gains from the Ltd company.

IN the meantime, your point of view is"perceived value" is key. Hence a limit of £12 come Dec 2025, then a drop to £8 as the balance sheet hasn't the substance to back up that perceived value.

Simple economics bro.

"SMR’s will contribute to Perceived value of RR"

That's exactly my point Billy. Perceived being insurances that give hedges and pensions the impetus.

Balance sheet wise when it comes to quarterly results? That's when it dives brother - there is no psychical cash going from RR SMR Ltd to RR PLC and there won't be whilst those involved in RR SMR LTD balance their books (have you seen their accounts?) and then capitalising on divs and excruciating payments to the board of the Ltd Company.

If you have the time to look back, I said this years ago bro - RR SMR ltd will be "tax efficient" for years to come. Maybe even installing their own R&D - who knows! Zero input on the PLC balance sheet until all LTD avenues have been exhausted mate.

RR PLC will benefit from a contact basis of RR SMR Ltd using RR PLC but there will be no offset in money earned from RR SMR LTD through to RR PLC for many years to come.

By the way, that's not just my opinion - it was said by Tufan and McCabe at the last CMD (Capital Markets Day). They clearly stipulated the growth of SMR and narrow body re-introduction to be a mid term project (5 years).

Everything else you talk about is fodder.

In the nicest possible way......

You know those guys I hate that say "I told you so"?.... will please excuse me for this:

I said 18 months ago that RR would get 100% SMR in the UK , and some got it - some didn't, kinda like that stupid punt I said in 2020 about RR being £7 in Feb 2025 when it was at 37p! 😅

Enough about me being righteous... the platform unfolding for RR PLC (remember, that's the share we invest in, not RR SMR LTD) is very simple - I'll bullet point it to make it easier:

1) Gains to £12 come Nov/Dec 2025 due to influx of pensions and hedges getting on board

2) 27% of retailers (like you and I) who think the RR SMR directly effects the RR PLC SP (I know, kinda funny! - which leads me onto point 3.

3) Reduction to £8 SP due to lack of balance sheet increase expected by morons who think a Ltd company offset their gains to their patent companies in the first instance.

Really bad economics going on here chaps - RR PLC will only gain with core fundamentals - the RR SMR Ltd gains will effect the balance sheet it maybe 5 years.

AUKUS, Narrow body re-introduction, increase in Defense budgets and continued servicing contracts/new contracts are the only factors that will effect the SP you are invested in.

Hence the expectation from the SMR to £12 and the decline to £8.

Not sure I've been wrong before.

"I thought you were leaving and sold out of RR????????"

Nope - lack of ability to read basic English on your part. I said I am holding my shares in RR but I wish to progress other areas other than RR.

Mining etc. I can draw a picture for you if English isn't your first language?

...apologies to my Captain Svend, never wanting to to your leadership on this board.

..and before you say anything Shareflyer, I don't agree that you have to be part of company to invest. I know my sh8t mate, and I've proved you, Are5nal and Retiment wrong all the way on this journey - not one of you has been man enough to hold your hands up and say "fair dues cat, you got it right, we got it wrong".

Not that it's important to to progress of RR PLC but it might have shown some gumption on your part chaps.

"The singular consideration is whether RR PLC is licensing their technology to RR LTD .. if they are then that should be accounted for in regular income.."

Nope. No licensing agreement. (I sound like I hate RR at the moment) 😀 I honestly don't, I've got a lot of shares in them.

RR PLC in the future WILL gain from RR SMR LTD (of course they will) - but looking at RR SMR LTD as a company, (anyone can do that by the way):

https://find-and-update.company-information.service.gov.uk/company/13039768

And if you go further into accounts, it's bankrupt as hell but it has the facility of draw down from the entities that are parent companies to RR SMR LTD.

That's not important.

What IS important is if/when RR SMR Ltd decide to no longer act as a sole supplier and pass their divs through to their respective holding companies, in our case RR PLC (that share we own).

Now, I'll say this till I'm long in the tooth, but any LTD company operating under a controlled holding company will/and do exhaust all tax benefits of said LTD company to the hilt. As RR SMR Ltd aren't fully owned by RR PLC, we will see huge wages/bonuses/divs paid to the members of RR SMR Ltd and (as I said from day one), those holding shares in RR PLC will question it - "Why isn't that on the balance sheet of RR PLC?"

The impetus in growth from RR SMR Ltd was always going to be the idea that the hedges and pensions input through grade listing. Their insurances don't cover an idea of investing in companies that aren't at least BB+ at least, and the credit ratings with such news get's the rating flowing.

I'm seen it so many times, and I've said this time and time again in my blog - "An SP is only worth what the credit agencies say it's worth".

Which is why ALWAYS deal with MCaps - I then know what a share is worth based on "is it below market value?" "do I see an increase/decrease from competitive markets?".... hence this:

https://companiesmarketcap.com/gbp/

The single best tool that got me from 97p RR PLC to £9 RR PLC.

This is an abomination of a post here but that's my thoughts guys.

To surmise:

• RR PLC will NOT see any credit from RR SMR LTD for years to come (balance sheet wise)

• RR PLC will gain from non educated funds purchasing shares in the interim which will boost the SP

• RR PLC will gain from core tech (such as the introduction of narrow body) as this will directly hit the balance sheet, hence the SP in quarter updates

• RR PLC will get to £12 come end of year base on foley but will soon retract to £8/£9 because the balance sheet doesn't show the impetus those investing wish to think it might.

I said £70bln MCap come Feb 2025 from day one (5 years ago) and those that know me, know that is exactly what I said at that time. 75Bln with SMR input?, maybe - I'll go with that.

£12 comes end of year due to Narrow Body announcement (yep, it will happen), and then it's a ball in the sky guess.

Nettles out

I maybe also have shared the info I got in at 0.09p back in the day.... just for clarity on our next communication.

*SIPP

GeorgeH1987 my friend, it's taken 6 months to get my compensation from SJP so I guess the transition from them to my sip will be another 6 months. 😀