Member Info for NewChapter

https://www.ainonline.com/aviation-news/business-aviation/2022-05-23/rolls-royce-pearl-700-engine-home-stretch

https://www.ft.com/content/7cebc600-3bad-48f7-9b33-11fc7cedac32

https://simplywall.st/stocks/gb/capital-goods/lse-rr./rolls-royce-holdings-shares

RR. | Rolls-Royce Holdings

May 16
Price target decreased to UK£1.15
Down from UK£1.25, the current price target is an average from 17 analysts.
New target price is 43% above last closing price of UK£0.81.
Stock is down 22% over the past year.
The company is forecast to post earnings per share of UK£0.041 for next year compared to UK£0.015 last year.

https://www.business-live.co.uk/economic-development/wylfa-site-has-everything-says-23944496

https://www.dailypost.co.uk/news/north-wales-news/rolls-royce-explains-wylfa-trawsfynydd-23949014

https://www.newsandstar.co.uk/news/20125020.copeland-mp-trudy-harrison-discusses-areas-first-small-modular-reactor/

https://www.nwemail.co.uk/news/20124839.bae-systems-rolls-royce-awarded-2b-investment-ministry-defence/

http://ow.ly/ZuvI50IYX8X

https://www.cityam.com/kremlin-on-high-alert-as-coup-rumours-grow-in-moscow-disgruntled-generals-join-fsb-looking-to-oust-putin-and-end-ukraine-war/

https://www.derbytelegraph.co.uk/news/derby-news/rolls-royce-take-hundreds-workers-7026670

https://newsroom.nuscalepower.com/press-releases/news-details/2022/NuScale-Power-Signs-Memorandum-of-Understanding-with-GS-Energy-Doosan-and-Samsung-to-Explore-Small-Modular-Reactor-Deployment/default.aspx

https://www.fool.co.uk/2022/04/28/rolls-royce-shares-are-trading-in-pennies-should-i-buy/

I think the article is automatically inserting the date and time the piece is viewed.

This could be 'old news', sorry

https://www.investments.bankofscotland.co.uk/markets-and-insights/market-news/article/?id=8824748&type=bsm

https://www.engineeringnews.co.za/article/rolls-royce-optimistic-that-its-smr-design-will-be-approved-quickly-2022-04-20&sa=U&ved=2ahUKEwjw0q_7p6T3AhVFUcAKHQ_kD7gQxfQBegQIABAC&usg=AOvVaw0OJH8SfEgJUrAZCWTRwfWC

https://www.reuters.com/business/energy/rolls-royce-expecting-uk-approval-mini-nuclear-reactor-by-mid-2024-2022-04-19/

https://simplywall.st/stocks/gb/capital-goods/lse-rr./rolls-royce-holdings-shares/news/estimating-the-fair-value-of-rolls-royce-holdings-plc-lonrr-1

This part within JPM statement shows a (deliberate?) lack of capital plant Contract knowledge:

"In our view, 'New Markets' offers good long-term sales potential but there is no guarantee of good profits and it might even be loss-making into the 2030s," it said.

I speak specifically towards RR's SMR entry as a utility scale electricity generator and considering the above. Large capital plant Contracts for the 'design, manufacture, site construction and lifetime asset maintenance support' are generally not entered into on a fixed price basis. There are many reasons for this, importantly one of them being to ensure the supplier(s) to the Contract is/are financially protected and are not carrying potentially fatal financial risk; protection typically includes an agreed level of profit generated by suppliers into the Contract; thereby ensuring the supplier does not suffer harm, pushing it out of business; thereby protecting all parties the supplier(s) is/are able to complete all of the works. There is nothing worse for the customer than to have a supplier partner fail during the execution phase, leaving a project in an incomplete and distressed state. This would be a bad outcome for all parties connected with the Contract, ending up with an orphan project potentially incurring massive cost over-runs.

Therefore, this type of large capital plant 'New Business' (specifically SMR), if secured and backed by the gov., could be considered less risky that other parts of the RR portfolio.

https://www.thisismoney.co.uk/money/comment/article-10677079/MAGGIE-PAGANO-Nuclear-needs-PMs-energy-security-paper.html

who is going to buy the Ros toxic liability iron curtain shareholding from BP at fair value in this fire sale? or will BP have a millstone continuing liability ?