Member Info for NettlesTheCat

Page 4 - if you want confirmation of deficit for RR SMR LTD:

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

RR SMR Ltd has a HUGE trading deficit, balance sheet is puke worthy.

It was joked about at the RR CMD (Capital Market Day) between Tufan and a couple credit agencies attending, but to be honest, it really doesn't matter, as I'll explain later.

I won't list them here but you can check RR SMR Ltd Shareholders and Partners here:

https://www.rolls-royce-smr.com/shareholders-and-partners

You can also double check that against Gov House info here:

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

Getting back to RR PLC shareholders benefiting from RR SMR Ltd. Actual balance sheet/actual cash? Yes, maybe 20-30 years in the future, once the current deficit is paid and all shareholders and partners rinse the crap out of it (bonuses, increased pay etc).

I know that all sounds negative, but this is actually a HUGE positive. If anyone reading this understands what Severn Trent have managed to do since 2017 (adopt a subsidiary worth £2 that instantly get's an IOU for £3bln from another subsidiary, that the main PLC then take 49% of that company to boost their main PLC balance sheet by the tune of £1.4bln, not to mention the IOU charges interest! Isn't that hilarious? Non existent cash transaction - just a bit of paper of an IOU suggesting any entity is worth what the IOU values it as? And more incredible - since 2017 when this 'scam' started, the gain has been £1.68bln. What have Severn Trent paid to share holders? About £1.5bln. 😂. You know, without this awesome trick accounting, the earnings of Severn Trent are about £7m. Try convincing share holders to invest with £7m in the put to dilute.).

I feel I went of tangent there, but essentially, RR PLC will benefit from the SMR due to future potential (similar to why the Severn Trent 'futures investigation company' - or Severn Trent Trimpley as it's known, was set up, sold for £2 to a subsidiary of Severn Trent PLC but apparently now worth £3bln +interest!).

I'm not suggesting for one second that RR are doing what Severn Trent are doing. Not at all - I respect them too much.

But don't be blinded by a Private enterprise balance sheet (has to be true, otherwise legal action ensures) and a Public enterprise that do all they can to fund shareholder dividends just to get the initial investment (ponzi scheme).

We go down that route with RR SMR Ltd and we're fudged.

Cheers Peak, and everyone for your advice 👍👍

....I'll speak with Barclays. Although my current advisor at SJP continues to be beyond amazing, his predecessor was dire.

Like I say, not a huge amount, but I'd like to have the option of transferal if my final warning doesn't warrant a better compensation package.

Thanks Donolad. 👍

Cheers DonoLad.

As it stands with SJP, I have certain amount of money going into my Polaris 4 fund every month and SJP sort the extra on top (tax back) so I don't do anything to reclaim anything - just wondering if I had a non managed SIPP, would (let's say Barclays) instantly do the same for me, or do I have to do something to get that 25%?

Hey all,

Just a quick post for anyone who sorts their own SIPP over a private pension.

Look's like I got shafted with the SJP compensation for bad/none advise (I won't even tell you what they offered me in compensation).

Not got a huge amount with them (under £100k), but I always thought it would be cool to let it ride whilst I do my own things (many branches make many fruits and all that!).

But looks like I may transfer my SJP fund into a SIPP (Barclays probably) just to prove a point..... is it simple to do?

Does the SIPP instantly benefit from the tax contribution when I make my monthly payments?

Simple questions I'm sure have simple answers - but never had a SIPP before.

Thanks in advance

OOO, I can now.

And no idea why I can't capitalise sentences!

kevin hollinrake, was conservative minister of state for enterprise, markets and small business, now shadow secretary of state for levelling up, housing and communities and he was on question time yesterday. he seemed to want praise for instigating the involvement of smrs.

now, i'm no longer a tory voter, but i'm certainly not a labour voter but come on!

this idiot was suggesting how awesome it was (when asked about smrs - local grown rr smr ltd if he even looked at it), that hinckley c was a great british move for the smrs.

hinckley c, that waste of space that edf run - you know edf, that company that is 83% owned by the french government?

for those that **** off the labour party (like me), let's at least be fair - the conservatives had 10 years to get smrs from rr into home grown use. the fact they didn't is inexcusable.

Totally agree Tennents.

RR SMR Czech offices has a nice ring to it!

I saw that. And I like Jacqui Smith but let’s be honest, she was well out of her depth when trying to answer questions yesterday.

She totally misunderstood the question in regard for the need to power AI and she thought it was more about using AI as a way to make power!

"7 quid by February Davo"

Great shout Mystic - 👍

Any reason? Or just a glitch?

When you consider QIA is a shareholder in RR SMR Ltd, this can only go one way 👍👍

Great find - this is massive👍

....basic portfolio but will update as days progress.

👍

...but no, I will not being buying more at £5.91. Far more opportunities out there than can more than double money.

Totally down to your individual requirements, as you know.

I purchased low, average of 93p (ish) including RI, with a hope to sell at £7 come Feb 8th 2025 to pay the mortgage off and have few tequilas on the beach.

As we are so close to that £7 figure without confirmation of Div payment or SMR allocation, I'll happily side with those who suggest £10+ in the next few year or two.

Moreover, if the question is : "Should I sell before a crash?" then I personally don't see a crash with RR. SMR and DIVs aren't priced in yet, and both are on the horizon, so it seems an upward shift is likely come the GM early next year.

Simply put, if you don't need the cash, don't cash in. That is the analogy most LTH have used in opposition to a 'get rich quick' scheme since 2020.

In reply to OP, I think it's been covered a few times - and yes, unfortunately unless it's in a SIPP or ISA, you'll pay tax via CGT at the current rate over the current threshold (using the word 'current' as Labour will no doubt change them again soon 😂).

"I have stuck with NTC all the way and just want to thank him for all his input and advice, which lets be fair he could have kept to himself.. Ive been since 2021 , and im going to shut up now and be quiet. but before I do thank you CAT"

Just wanted to say thank you for that post. Means a lot - and very happy it's worked out well for you bud.