Member Info for occams

The new markets business of Rolls-Royce, focusing on electrical power for small aircraft and taxpayer-backed small modular nuclear reactors, could be lossmaking into the 2030s, a broker has warned, pushing the engineering group’s share price lower.

Rolls-Royce announced changes to its reporting structure at its full-year results in February, including the creation of its new markets unit, which is pursuing opportunities from the transition to net zero.
In an equity research note to clients today, JP Morgan Cazenove said the venture “offers good long-term sales potential but there is no guarantee of good profits”.
The broker said Rolls-Royce’s diversification raised the risk for investors and to the company’s earnings potential, prompting it to downgrade the stock to “underweight” from “neutral” and to cut its price target to 75p from 140p.

Shares in Rolls-Royce dropped 5¼p, or 5.5 per cent, to 89¾p, making it the biggest faller on the FTSE 100 today. This extends declines this year to more than a quarter, valuing the company at £7.5 billion.
The shares had rallied last month on a speculative report on Betaville, a deals website, which suggested Rolls-Royce could be involved in a “significant corporate transaction”, perhaps a merger or a takeover.
Rolls-Royce did not comment at the time and JP Morgan, a long-term bear on the stock, said in its note today that “we struggle to think of any realistic buyer for Rolls-Royce in its current perimeter”, but added: “We cannot rule out the divestment of a division.”
Rolls-Royce’s new markets unit was outlined alongside the announcement of the planned departure of Warren East as chief executive after a seven-year tenure punctuated by several crises and profit warnings.
Rolls-Royce is one of Britain’s great industrial companies, with its engines powering Boeing and Airbus long-haul passenger aircraft, RAF Typhoon combat aircraft and the Royal Navy’s warships and submarines.

East, 60, said in February that when he left the company by the end of the year, Rolls would be “fit for the future, with a clear strategy and contemplating growth and significant commercial opportunities”.
Rolls-Royce also said then that its new markets were “more challenging to forecast due to the pace of customer demand growth and regulation”, but the potential was “significant” and said they could generate more than £5 billion in combined annual revenue by the early 2030s.
Rolls-Royce secured £490 million of funding last year, including about £50 million provided by the company and £210 million from the government, to help to support investment in the design of the small modular reactors (SMRs).
JP Morgan said demand could “grow strongly as countries seek to cut emissions and increase ‘energy security’. But SMRs need to compete with other energy sources and we see a high risk of the first SMRs being well over budget'
Due to new investments and lower expectations for its core civil aerospace division, JP Morgan cuts i

Prelea only owns around 5%, Dowling owns 10%

https://www.theguardian.com/world/2022/mar/10/uk-covid-cases-rising-among-those-aged-55-and-over

British companies and the fund managers investing in them have been facing questions over links to the Kremlin and Russian oligarchs including Russia’s richest man, Alexey Mordashov.
European travel giant Tui, whose shares are listed on the London Stock Exchange, was this weekend under pressure because Mordashov and his family have a 34 per cent stake worth about £1.4 billion, according to Refinitiv data.

Mordashov, who sits on the tour operator’s supervisory board, is also the steel magnate behind London-listed Severstal, which until recently made military-grade steel used to make Russian light tanks.

He attended a conference with other oligarchs in the Kremlin held by Vladimir Putin on Thursday to discuss the economic impact of his action in Ukraine.

SNG effect

https://www.thetimes.co.uk/article/more-coronavirus-variants-likely-for-several-years-sage-warns-kn6mn6bd7
The impact the coronavirus will have over the coming years is highly uncertain but further waves of infections “should be expected”, scientific advisers have told ministers.

The assessment came as the Office for National Statistics confirmed that its latest infection survey, seen as the best measure of the state of the epidemic, had found that cases remain high.

The ONS estimates that more than 2.6 million people in England — or about 1 in 20 — had Covid-19 in the week ending January 29. In Wales it was 139,000, also equivalent to 1 in 20.

In Northern Ireland it was 136,300 people, or 1 in 15 and in Scotland it was 185,100 people, or about 1 in 30.

The Scientific Advisory Group for Emergencies (Sage) gave a view on the impact Covid-19 will have over the coming years last Friday — at the 104th meeting it has held to discuss the pandemic.
“The long-term pattern of the epidemic in the UK is highly uncertain, but future waves of infection should be expected,” a memo of the session says.

The characteristics of future variants will be key, the documents add, with no guarantee that they will be as mild as Omicron, the strain now dominant.

The change in the number and age distribution of individuals who are susceptible — which will depend on vaccination policy, the waning of immunity, and births and deaths — will also play a part.

The Sage memo adds: “It is not clear how long it will take for a stable global pattern to emerge, but the situation is likely to fluctuate for several years (medium confidence). Sage has previously advised that increased international vaccination coverage is important for overall control of the pandemic and would also reduce the risk to the UK.”

https://www.msn.com/en-gb/money/other/china-claims-victory-in-battle-for-british-lithium-miner/ar-AAS19zf?ocid=mailsignout&li=BBoPWjQ

The new director is most likely TB's grandson, just turned 18, I'm expecting fireworks soon

https://www.reuters.com/article/oil-conference-pioneer-natural-resources-idUSKBN2IM1NP

The prevalence of Covid-19 infections in England was about 1 in 80 people in the week ending 14 August, the UK Office for National Statistics (ONS) has said, slightly lower than the previous week’s estimate of 1 in 75. One in 80 is the equivalent of about 698,100 people.

On IG I can get a quote for any amount of shares either buying or selling, even if I
don't hold any shares. He didn't claim to own 500k shares!

I agree with Roger, virtually the same scenario played out on a US share that I held
Aimmune Therapeutics. Price kept dropping for no reason, from $35 to $13, then one day
a bid came in from Nestle for $34.50. Nestle could have easily paid 2-3 times as much.In my opinion price is being supressed here so a lower offer will be accepted.

https://www.ft.com/content/6cec5334-265b-4de7-b176-9d854cce4d86

You've been whinging about this company for months , you had the opportunity to get out at a
profit but you didn't take it. The only explanation I can think of is that you were expecting the
price to go higher, greed!!

You say your average s £1.27, so why didn't you sell up a few weeks ago
when the price was around £1.50 ?

Anthony Fauci told NBC’s Chuck Todd that it’s “possible” mask mandates could continue indefinitely in order to reduce seasonal flu infections.
During his appearance on Meet The Press, Fauci was asked when Americans could take the masks off given that the CDC is now advising vaccinated Americans that they can remove the face coverings when outside.

“At what point, if vaccinated people get together, do you take the mask off? Are masks going to be something we have with us in a seasonal aspect?” Todd asked Fauci.

“You know, that’s quite possible, I think people have gotten used to the fact that wearing masks, clearly if you look at the data, diminished respiratory diseases. We’ve had practically a nonexistent flu season this year, merely because people were doing the kinds of public health things that were directed predominantly against COVID-19,” responded Fauci.

https://www.change.org/p/australian-public-stop-dishonest-practices-on-the-australian-stock-exchange-and-demand-a-royal-commission/u/27309590

Need to get our own page on Stocktwits, US equivalent of LSE, and
promote it there

Yes it's called shirk, somebody posted here a few weeks ago this A4uk
is a white middle aged BNP supporter. From his pathetic comments
you can work out he doesn't know much about Islam.

https://www.youtube.com/watch?v=0mmxLighovA