Member Info for NettlesTheCat

£7 close

"Seriously though, the respect and camaraderie in our discussions are what make this all worthwhile"

100% brother. Sorry, Captain! 👍😂

"Don’t forget that the Czechs have also bought 20% of RR SMR, I don’t think we’ve seen a figure for that yet?"

Very true - it will be interesting to see the dilution from all concerned. Anyone privy to how this 20% was offered?

Svend - you get my vote for "most awesome" if we ever had a vote on who's the most awesome on this site.

I've offered a beer to many of my foes on here, as you will be aware, but I'd actually love to buy you a pint dude.

Let's get to £7 and I hope you will take me up on that offer.

Awesome news Berny! Although I didn't know you did 3x - I was under the impression you held physical shares?

Not that I'm judging here, but you have bigger balls than me to do the 3x (although JTT cut mine off when I was young!). 😂

I'm hoping you got into Nvidia after the fall - unlike some on here, I hate to see people lose money.

A goal is a goal is a goal so whatever suits you my friend - just happy you are winning!

Hey Berny - how are you? Are you still holding that vast investment you mentioned? Waiting for my £7 goal or have you set something for yourself?

"What’s your blogs link Nettle ?"

Not sure I can share it here but as I'm NETTLES and my desire on here is to conduct INVESTMENTS, you may find it via our friend.... google.

Love you Svend - I could debate you forever bro:

Svend = "However, calling it a "bribe" might oversimplify what is likely a calculated geopolitical and financial strategy"

Nettles = Totally agree - I apologise for that term. Let's call it "a donation of equal beneficial outcome".

Svend = "While Qatar's influence cannot be dismissed, the UK SMR tender process is ostensibly designed to ensure transparency and competitive evaluation"

Nettles = On that we agree - throughout my correspondence with both Conservative and Labour candidates, it became clear that a transparent tender was essential to then prohibit any long drawn out appeals against the final decision from those not favoured.

Svend = "It’s worth noting that Qatar’s investments are a win-win for both parties"

Nettles = "Absolutely. Reaching the age of 50 very soon, I consider myself to be less of a left wing revolutionist I once was and more like a middle ground realist. The desire to be righteous in a certain conversation often shadows the necessity to be humble to those we disagree with".

*** so much of this should of held back for my awesome blog! ***

😂. Oh well, I'm sure they'll be better stuff to come.....

For those unsure about the difference between QIA who have 10% of RR SMR Ltd and Qatar having invested 1bln for 'Climate Tech'

1) QIA (Qatar Investment Authority) is essentially Qatar's sovereign wealth fund - it's owned by the state of Qatar.

2) Qatar is Qatar. Those that invested 1bln into the Climate Tech for scrutinised businesses in the UK.

And, possibly the most important thing you will read today: (taken from the government website):

Prime Minister Keir Starmer said:

"I am proud that Qatar has chosen to base this global partnership here in the UK and I am delighted that the project is getting off the ground with this initial £1 billion commitment."

"Qatar and Rolls-Royce pursuing these opportunities in climate technology is a significant step in our ambition to become a clean energy superpower and further evidence that the UK is one of the best places in the world for companies to develop those technologies."

"We’re delivering on our promise to make growth our number one priority, by boosting our partnerships with other forward-looking partners to invest in UK industry and create thousands of highly-skilled jobs in the industries of the future.:

Nuanced or not. Facts are facts.

I'll never disagree with you Svend - you have proved your worth here well beyond me simply shouting "£7 come Feb 8th 2025!".

Yes, I do have a very nuanced view of the whole SMR tender process (hence my early call for RR SMR Ltd to get the whole contract); but it's based on common sense, and information that is available to all:

1) Back in 2021, QIA made an investment of 85m (GBP) to get 10% of RR SMR Ltd.

2) December 4th 2024 - Qatar invest 1bln to in UK 'climate tech'.

Now, I'm not Warren Buffet, but I'd suggest the timing to be more than a coincidence in terms of the tender/competition that the UK has in regard to SMR contracts.

Does anyone here think this is anything other than a bribe? Do we thing Qatar (who own 10% of RR SMR Ltd) will invest 1bln to have the SMR contact handed to a competitor of RR SMR Ltd?

Let's get back to basics and ask those questions.

£7 close 😂

Apologies, posted that twice.

But we know £250m match funding was given to ALL who entered the tender/competition for UK SMR.

We know who dropped out and we know who remain.

I stand by my thoughts of October 2023 to suggest RR SMR Ltd will be granted at least 90% if not all of the said tender.

And don’t be fooled that it won’t be a decision based on Qatar’s involvement.

Kier Starmer in the future “We made the decision to give the majority contract to RR SMR Ltd based on the fact that we feel they ticked the box in terms of home grown security for our independent power structure”.

What he will actually mean will be “Qatar invested in RR SMR Ltd and then independently invested more during the tender process; if we don’t give it to RR SMR Ltd, we lose our funds and we’re fudged”.

On this occasion, I’ll be happy that what some may call “a bribe” kept the future of SMR in a UK company.

The future may well be “RR SMR Qatar devision” or “RR SMR Czech devision” but the interim, the impact of an SMR contact to anything baring RR PLC’s name will benefit all currently holding.

Sell at the right point. 👍

“ Days like today are frustrating because it’s got nothing to with RR specific issues but the whole of the market is bringing it down but can’t help but be frustrated”

I don’t get the frustration element to be honest.

RR PLC have gone from RI of 34p to £5.90 in a couple years. NUSCALE only have entry if ENTRA1 spend money to cradle them into a position of competition with RR SMR Ltd.

If I was an international company looking to spend money to carry a sub into the UK market, against the likes of RR PLC, I’d politely decline and spend my money elsewhere.

“ Days like today are frustrating because it’s got nothing to with RR specific issues but the whole of the market is bringing it down but can’t help but be frustrated”

I don’t get the frustration element to be honest.

RR PLC have gone from RI of 34p to £5.90 in a couple years. NUSCALE only have entry if ENTRA1 spend money to cradle them into a position of competition with RR SMR Ltd.

If I was an international company looking to spend money to carry a sub into the UK market, against the likes of RR PLC, I’d politely decline and spend my money elsewhere.

“ I don’t think fundamentals have held NUSCALE back this year. Surely RR can match their performance going forwards?”

Thankfully, RR plc are on a totally different tangent to NUSCALE.

NUSCALE live off the proposal from ENTRA1 (simply put, they use ENTRA1 as an entry to exercise their tech within).

RR SMR Ltd are an all encompassing tech.

The decision from the recent and continuing tender/competition will be evaluated from potential international contract ability.

Thank goodness EDF are out, otherwise I feel Labour may have issued a license to them!

I know there was a reason I liked you Svend.

.... but going back to the OP.

Physical/actual balance sheet money from RR SMR Ltd will take an absolute age to reach the balance sheet of RR PLC (the share we invest in).

That said, the positive nature of RR SMR Ltd being awarded contracts will incentivise pensions and hedges to invest in RR PLC for the long term value (as Svend correctly suggests).

I could have just written that I guess? 😂

"Nettles, The key takeaway is that while RR SMR Ltd’s financials are currently dire, they are not necessarily a cause for immediate concern"

Totally agree captain - and I have suggested it is indeed a positive.

"The long-term value lies in future growth and strategic alignment with Rolls-Royce PLC".

The LTV is based on a two tier scenario:

1) The fact that pension groups are legally allowed to invest in RR PLC without a "why the hell did you do that?" from the pension holders, and so to be covered by insurance - this also covers the need for the big three credit agencies giving BB+ credit and upwards (which we know has happened/is happening). The legalities of any hedge/pension fund investing in a BB+ when clients request "why?" is far different from those of junk stock (which we are thankfully not anymore).

2) The progressive nature, from an 'actuak' balance sheet scenario, of all subsidiaries of RR PLC to support the only share we can invest in (RR PLC).

"However, stakeholders must remain vigilant to avoid over-reliance on creative accounting, which can obscure true financial health and create unsustainable expectations."

Based on the CMD, I would be very surprised if RR PLC use these tactics, although I did suggest these tactics are happening right now with Severn Trent - so I thank you again Svend for your personal reassurance.

RR is the most transparent group I've every been invested in - the fact the CMD was regimented to allow all sectors to portray their gains/losses as well as a Q&A throughout, was simply phenomenal and I'm sure accounted for the big gain after the CMD.

We're yet to hear the deficit for 2024 - I'm guessing double, maybe as high as £200,000,000?