Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
In the company statement RR gave some forward guidance..
Looking ahead, Rolls-Royce forecast operating profit between £0.8bn to £1bn in 2023 with free cash flow of £0.6bn to £0.8bn. The guidance assumes £100mln to £200mln of targeted contract improvements and large engine flying hours at 80-90% of 2019's level and 1,200-1,300 total shop visits.
https://www.proactiveinvestors.co.uk/companies/news/1007056/rolls-royce-profits-power-ahead-as-recovery-in-international-travel-continues-1007056.html
From here look at the Economic Data . Air Passenger Monthly Analysis April 2023 released June 1st. Numbers are nearly or above pre covid levels.
https://www.iata.org/
From here Analysts rate the share a buy but much is priced into the current price of 150-160p. There's forecasts of increasing sales , profits , cash flow and earnings by 2024. Forecast earnings are 7p per share which puts RR on a forward P/E of 21 for year 2024 . That's twice the valuation of the FTSE in general at 12x times earnings. Much is priced even with the company statement from FEB.
https://www.marketscreener.com/quote/stock/ROLLS-ROYCE-HOLDINGS-PLC-4004084/finances/
Bit extreme to suggest a gap fill. It's 115p . RR been range bound for months and still within 160-140 pretty normal really for volatility. Chart just looks flat because of monster move up since Feb/Mar.
Reply or vote up if this set up works on chart as I think it'll reset to owners default at the session.
https://stockcharts.com/c-sc/sc?s=RR.L&p=D&b=5&g=0&i=t1339738705c&r=1688124334935
If not wipe the chart and set up 10 day moving average. Lower indicators RSI , Slow Stochastic and Williams%R. So we had a sell signal last week at 155 ish and now heading for buy zone. I'm thinking 140-145 but its the tea leaves at the end of the day. Still there's been some good short term trading calls this year as ever.
https://stockcharts.com/h-sc/ui?s=RR.L
Unless he means he can't buy granite 3x etc. Ordinary shares only in general in ISA maybe AIM ?
Badland, you can buy RR. From the link Shares go explore shares.
https://www.aviva.co.uk/investments/share-dealing/
https://www.direct.aviva.co.uk/wealth/InvestmentChoice/Shareandequitysearch
https://www.direct.aviva.co.uk/wealth/ShareAndEquitySearch/ShareAndEquityDetails/0P00007OU0/GB00B63H8491
Badland, If you're going to invest long term as explained by posters you need your cash protecting from tax . ISA is one way forward without having to deal with paperwork. Who needs that ?
Aviva seems to have various options listed in the link below. There's shares ,IT's and ETF options as well as funds . Looks like reasonable coverage although I haven't seen any lists of shares ,funds etc . That's for yourself to explore before signing up.
Under " Aviva share charge " its capped at £45 a year for the platform and £7.50 to trade a share so not expensive.
Not advice but seriously you don't need the headache of filling a tax return for this stuff. Good luck
https://www.aviva.co.uk/investments/investment-charges/
SW, no problems from me , I'm no expert after all these years and still learning. All I've found from TA is there's way too much stuff to use. Set myself up with something that works reasonably well for me. Trade indices and a few shares even RR when my indicators line up. Good luck.
I've had a look at the youtube channel mentioned in the thread and couldn't really see the benefits but that's just me.
I use TA but just some of it and I'm not a day trader . I wouldn't want to be as we all know it can wipe you out. I have cash in a stocks and shares ISA and I use that to trade over periods say weeks or months. So short term and deals are reasonable at £6 fee.
This link is very detailed for indicators and such.
https://school.stockcharts.com/doku.php
Not bad as you go through the posts.
https://www.chartlearning.com
Trouble is there's loads of indicators so I've slimmed it down to a few lower indicators and moving average. Thing is all these bloggers and tubers are claiming all kinds EG its hit support, the 50 day MA, the Fibonacci line , channels, etc etc. Well somethings got to hit. It'll drive you mad.
Set this to the 10 day moving average . RSI above chart and other two lower indicators Slow Stochastic and Williams%R . 10 day MA is the guide where price is above its a hold just like a stop loss. The lower indicators are the buy and sell at the extremes 80 and 20 as they are shown. I bought on Friday as the indicators are on the buy zone and curling up. Nothings perfect but I'll wait until its in the sell zone at the top. Riding the waves and nibbling away not bothered about big gains. Up 7% this year with ISF.L and as you can see its lower than Feb high of 770p.
https://stockcharts.com/h-sc/ui?s=ISF.L
In a cash ISA today you can get a fixed rate between 5-6%...
https://moneyfactscompare.co.uk/savings-accounts/
If in a stocks and shares ISA that's a different situation unless your provider allows transfers between the two types of accounts. Some SandS ISA's pay interest pending investment but not much.
In the investment ISA you can buy a short term money market fund but this will fluctuate daily. Eg Royal Life STMMF current yield 4.4% still comes with slight risk.
https://www.trustnet.com/factsheets/o/gwuo/royal-london-short-term-money-market-y-acc
Or buy some single gilts and hold them to maturity.
https://www.sharecast.com/gilt/all
This one pays out 2025 and yield to redemption is 5.36%
https://www.sharecast.com/gilt/5_Treasury_Stock_2025
No guarantee with equities but long term performance of the MSCI World index is 10% pa since 1969 . Click on the annualised performance tab and start of data is 10% PA. There again there could be a downturn and upset the apple cart.
https://www2.trustnet.com/Tools/Charting.aspx?typeCode=NM990100
The new leader worked his magic around the results period in Feb /March and the shares flew higher. Move has been massive so maybe investors won't chase it any higher until better news . Turnover was better than forecast along with cash flow . Can only relax and see what happens. Chart pattern is nutz but there you go..
https://stockcharts.com/c-sc/sc?s=RR.L&p=D&b=5&g=0&i=t8397699052c&r=1655995356956
With an ordinary investment account eventually you'll have way too much paperwork to handle especially if you're an active trader. There's income tax and Capital gains tax to consider and why mess on with that. ? ISA takes care of all this as it's a tax wrapper similar to a SIPP pension wrapper. Remember the government have just slashed the allowances for CGT. Build up over the years as NTT says. Think lonerg term not today.
https://www.gov.uk/capital-gains-tax
Compare brokers..
https://monevator.com/compare-uk-cheapest-online-brokers/
Rather not imagine house prices slumping 25% . It'll mean there's something badly wrong. Can't see RR and other escaping that.
https://i.dailymail.co.uk/i/pix/2011/07/22/article-2017598-0D1DC75D00000578-729_468x373.jpg
Don't pay anyone for information as most of it is out there for free. Don't listen to tipsters either they get plenty wrong . The investment banks get it wrong , just look at their forecasts for rate rises in the last two years, still going up. Try to relax and take your time learning. Easiest way to invest is a tax wrapper such as ISA or SIPP . Drip feed monthly into a global index tracker and watch it grow over the decades.
MSCI World Index , if you select the annualised tab , is 10% PA. Many funds might beat that over the short term but long term is a different story. So that's your main investment strategy sorted with most of your spare cash. If you can't handle the volatility then you'll have to go with a multi asset fund. Horses for courses.
https://www2.trustnet.com/Tools/Charting.aspx?typeCode=NM990100
https://www.hsbc.co.uk/investments/products/hsbc-global-strategy-portfolios/
Pocket money investing I'll post later to show how it's worked for me. Never perfect but that's the way it goes.
Not much to with RR but I suppose higher rates will have an effect on peoples spending power so travel will come into it.
Gimmicks , we've had them for years. Reduce stamp duty and agents just jack the for sale prices up. Not the answer then ?
Extend the lifetime of the mortgage 25 to 30 years also means people borrowing more and maybe up to their limit. How is that the answer ?
Rates are low today well in comparison with 1970-1990's but those days you could only borrow 2x salary ? Well something like that ?
Today its 4.5 x salary and buyers do it as they both work full time in general. So no better off than decades ago.
Government love it when the masses are happy with higher property prices . Keeps the votes in their favour.
Believe it or not there's around 40% of homes in the rental sector both government or private . Everyone wants to own nobody wants to rent but the ain't enough.
Population is growing and how do we know how many really live here . I don't know ?
Build more homes but people still object .NIMBY . Remember Labour leader TB wanted more at Uni and got it so there's not exactly the tradesmen to build them .
Can't see a housing crash people will just pull them off the market and the remaining few will go for a packet.
Nobody should be complaining about the share price unless they bought years ago . Doubled in less than a year and even since 29th May up 10% . That's good stuff. You've got to ride the waves. Relax.
https://www.lse.co.uk/ShareChart.html?sharechart=RR.&share=Rolls-Royce
Inflation well how does it work ? Doesn't seem simply to me yet many think you jack up base rates and kill it off. Have a look below in the UK from 1950 to 1970 base rates were above inflation. Didn't work then in the 1970's there's the oil crisis and inflation to the moon. Maybe it's a cycle or commodity prices going daft. Why do commodity prices go to the moon when there's still plenty of stuff around but sometimes they double . Queer old do !
https://www.economicshelp.org/wp-content/uploads/2012/01/inflation-interest-rates-1945-2011.png
US is the same..
https://pbs.twimg.com/media/FYDN7BzVUAAsgbc?format=jpg&name=medium
Not posted here for a while but to be fair to analysts they seem to be up with events regarding Profit and Free Cash Flow . Details are highlighted in light blue shaded areas.
https://www.marketscreener.com/quote/stock/ROLLS-ROYCE-HOLDINGS-PLC-4004084/financials/
Nice thread and it's good to see honest posters. Nearly all will have seen the potential in the last 2 years. Slowly things are fitting together. Recent buyers some will say they are now LTH's fair enough but there's some on here who claim to be LTH's who must be be well down and I mean £5-10 buyers. It's been a rocky road I worked for the company decades. Good luck all.
When I started RR as a kid there were 60,000 UK employees. Over time there'd be a downturn and a pay off and around year 2000 I think the UK workforce was down to 25,000. This idea that you just shrink the workforce and all is well is very misleading. Why isn't the share price booming ? So the stories once again fly around another cut in the numbers ? There's got to be another solution surely ? We will see in the next few days but I can't help thinking it's the same old story. There's been plenty at the helm over the years and it's still struggles. They can't all be wrong and the new guys right ?
Long term holders need to explain to the rest of the forum how they've made any money in the past ? Simple question really and not meant to be unfair. Let's face it RR was floated in 1987 at 185p . Now then set this chart to All so it includes every year since floatation. We'll add in the rights issue RI and call the figure £4 or 400p to compare. Price was 400p in 2010 so not one penny made for LTH's . Anybody who's been trading in and out since 2010 is no different from the rest of the posters on here. Doesn't matter if it's months or a few years that's short term trading. Those that have bought recently under £1 good luck to all of you. You've taken a chance on a very poor share performance which has been a disaster long term. The RR product looks nice and shiny but that's about it.
https://tradingeconomics.com/rr:ln
This Peter Lynch guy mentioned earlier in the thread made money when the worlds stock markets were rock bottom in 1979-1990 . Not saying he didn't do well but he got a helping hand from a rising market . How about in a falling market ?
https://www.macrotrends.net/2324/sp-500-historical-chart-data
https://uk.finance.yahoo.com/news/fund-legend-peter-lynch-combined-170700650.html
The IG article doesn't make sense . Read the Summary at the very bottom. There's talk of 2023 results when it's 2022 results. Revenues are stated at £18bn when they'll be £11bn . It then goes on to say brokers target prices are nearly half the current share price.
Better of looking at this below. Sales £11bn , Profit £169m EPS 1p for 2022 in light blue shaded area.
https://www.marketscreener.com/quote/stock/ROLLS-ROYCE-HOLDINGS-PLC-4004084/financials/
Reads to me that last comment was aimed at me so I'll leave the board . I'm only posting what's out there. Hope I've been helpful to some . Never mind. Good luck everybody.