Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Well done First timer and even better if everything is in an ISA tax wrapper saving on CGTax. So if I'm reading right all eggs are in one basket . Basically like the rest you hope RR will continue it's rapid recovery. Only you can decide when to sell and nobody can give advice.
Income in retirement needs to be stable so you can sleep at night. FTSE isn't everyone's cup of tea but it's well diversified and pays a nice dividend and currently nearly 4%.
https://www.dividenddata.co.uk/dividendyield.py?market=ftse100
https://pbs.twimg.com/media/EuQplORWYAAGRtk?format=jpg&name=small
A FTSE tracker could form the basis of an income portfolio and pay dividends quarterly. Buying single shares for dividends is still risky but if you know what you're doing then why not ? Hope that helps.
Quote NTT.............I'll save you some time.
https://companiesmarketcap.com/rolls-royce-holdings/marketcap/
MCap is currently £20bln. MCap in Dec 2013 was around £38bln. I personally feel MCap with all the capitalisation since 2013 should be around £70bln.
That link is quoting RR market cap in dollars $. It's not £38bn as the £/$ rate was 1.6 in year 2013. The link is currently showing MKT CAP at $25bn and in £ it's £20bn . Today the £/$ is around 1.2 so £20bn x 1.2 is $25bn.
Set this chart to MAX and market cap is around £24bn in 2013. Another way is old £13 share price multiplied by 1.8bn shares in 2013 gives £24bn..
All the other financials are at the bottom of the chart and can be set to MAX . That way you can get an idea of what's needed to power RR forward. Turnover today is pretty similar to 2013 and you can only squeeze so much profit out. 2013 was bumper year.
https://tradingeconomics.com/rr:ln:market-capitalization
Think everyone would be over the moon with £7 . I've tried to lift the earnings by 2025 to 20p when analysts are saying 15p ish. If analysts were wrong then the CEO would make a statement as we saw early this year. Well I'm guessing that as guidance is always a consideration.
So £7 or 700p divided by 20p would be a P/E ratio of 35 . You see why I say tech stock valuations ? FTSE itself is trading less than 15. US markets minus all the expensive tech shares is similar. Only trying to be realistic.
Don't think there's many that just look at charts and buy shares . I don't and first in line for me is the company forecasts . Sales, Profits , Earnings , Dividend and cash flow etc. If all is in order then I use (right or wrong) charts for entry points . My results are way better than buy and hold over the years and I've been in both camps. Well that's the tea leaves .
https://markets.investorschronicle.co.uk/data/equities/tearsheet/forecasts?s=RR.:LSE
I've found an old press release from 2014 when RR was booming showing some basics . Order book was £73bn and it's needed to maintain a turnover of £15bn and more. Pre Tax Profit was £1.8bn and dividend was 23p . Earnings (EPS ) of 73p . On top of that net cash of £1.9bn with free cash flow so in good order. Since then we've had the RI and might as well say 4 times the shares in circulation. So that EPS comes in at 20p at best. This is what I relate to regarding future profits as company turnover is forecast £16bn in 2025. How are RR going to generate a higher profit margin than the year 2014. I'm guessing of of course but if 20p earnings is realistic then 15 times that would be £3 today. Engineering and aerospace shares don't normally trade much more than P/E of 15. If the share booms then RR will be trading on tech stock valuations. That forecast link above from IC have earnings at best of 14p in 2024.
https://www.rolls-royce.com/media/press-releases/2015/pr-130215-2014-full-year-results.aspx
This chart website shows the old highs adjusted for the RI. Should be set to ALL DATA in the link but if you're using a phone no idea if the chart is displayed. Works on laptop and desktop no bother.
https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Stock&symb=UK%3ARR&x=55&y=10&time=20&startdate=1%2F4%2F1999&enddate=8%2F5%2F2021&freq=3&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=4&style=320&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11
Set this to ALL DATA to see the original and the old £12 and £10 show.
https://tradingeconomics.com/rr:ln
Svend....my mistake if only there was an edit button on the forum. Lower indicators are short term overbought but can remain overbought. That's my first alert with charts. The tight moving average ( call it 10 day ma ) is my guide or stop loss. Price is above MA all is well short term. This is my basic system with the charts although there's many ways to use them as you know. In the case of RR it's working but as we know it's subject at the moment to powerful moves due to it's recovery phase. Basically charts can only guide but can give very good entry and exit points as I've learnt over the years. Those people who don't believe in them fair enough but have they really tried . It's made my investment journey way better.
So today the UK inflation figure comes in at 4.6% ( again that's if you believe it ) and the FTSE is up from the off. No doubt UK government will claim victory but can you really control inflation. If it were that easy then why did the government let it get to 10% in the first place. ?
US markets were up by 3pm today on good inflation numbers . Set both charts to 1 day or 1 week
https://tradingeconomics.com/united-states/stock-market
FTSE was at 7390 and then up to 7450..Not saying you're wrong just that it all happened during market hours.
https://tradingeconomics.com/united-kingdom/stock-market
RR despite being short term oversold is still above the tight moving average in orange. Hold.
https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=UK%3ARR&x=0&y=0&time=6&startdate=1%2F4%2F1999&enddate=8%2F5%2F2021&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=1&maval=9&uf=0&lf=32&lf2=256&lf3=4&type=4&style=320&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11
Need Rennies for that and Imodium for the other way..
Just to throw a spanner in the works lower indicators ,another tool of TA , are overbought short term. Can stay overbought of course but it's an alert. Still above the moving average so there's a plus. Move from 200p to 225p will always cause some volatility as it's 12% in days. Candlesticks well the high is 233p on here and daylight above that.
https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=UK%3ARR&x=0&y=0&time=6&startdate=1%2F4%2F1999&enddate=8%2F5%2F2021&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=1&maval=9&uf=0&lf=32&lf2=256&lf3=4&type=4&style=320&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11
Must play bingo for 3.5 hrs then..
Thought it was thread about Alex Ferguson. I've heard he was in big time at 80p..
FED rates unchanged as expected . SP 500 up another 1% . Well here's hoping for Thursday.
Another positive start to early trading and as I post world markets moving higher awaiting the US FED rate decision tonight. Could be the end to the short term slump and a new rally. RR have the upgrade from the broker and also lifted by the general markets. It's all happening . GLA.
Dividend is forecast for 2024 . Cash flow is forecast to improve and debt is forecast to be around £1bn by 2024. Sales are forecast higher and profits. Everything going in the right direction.
https://uk.marketscreener.com/quote/stock/ROLLS-ROYCE-HOLDINGS-PLC-4004084/finances/
https://markets.investorschronicle.co.uk/data/equities/tearsheet/forecasts?s=RR.:LSE
Both Dow and SP finished well over 1% up today so we could be looking at good start Tuesday.
Set this to 1 day and there's spikes from 2pm UK time until 4pm. Maybe the US is reacting to data feeds. So the rest follow.
https://tradingeconomics.com/united-states/stock-market
World markets are off to a good day and short term very oversold . FTSE well up as I post. It's not all down to RR prospects with investing in equities . Half the time it's the movements in the general market so anything can happen. You can do all the research in the world into a share , buy it, then slump, if the general markets are going south. On eye on your share and another eye on the markets . US normally.
No doubt it's the US markets leading and taking everything with it. What's it got to with RR ? That's the way it goes. Tea leaves in the daily timeframe have RSI on the oversold together with stochastics and MACD not that clever.
https://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=1&mn=0&dy=0&id=p27848000232&a=226295345&listNum=1
Even in the weekly timeframe the SP 500 is at the price levels nearly 2 years ago. The stochastic is oversold and it's not often that happens . Last time way a year ago in Oct and then the rally.
https://stockcharts.com/h-sc/ui?s=$SPX&p=W&yr=3&mn=0&dy=0&id=p2090267053c&a=226295826&listNum=1
fear..
https://edition.cnn.com/markets/fear-and-greed
Why, how and where is RR being held. Get's posted ever time price is falling. What about when price is rising ? Do we blame somebody for lifting it too high ?
Have a look here at 1W 1M and 3M figures . RR is one of the few shares to be up over 3M. Over 1W and 1M RR is no different to the rest of the FTSE. World markets are down. Simple. The bounce will come as with the rest of the market.
https://www.hl.co.uk/shares/stock-market-summary/ftse-100/performance