Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Target gap at 92p. Plenty room on the indicators to go higher.
https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Stock&symb=UK%3ARR&time=6&startdate=1%2F4%2F1999&enddate=4%2F13%2F2019&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=1&maval=9&uf=0&lf=32&lf2=256&lf3=2&type=4&style=320&size=2&x=40&y=17&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11
What I meant was the analyst forecasts assume the ITP sale will go through. That's why they have £5.2bn and £3.8bn in those Net Debt figures. All figures highlighted in blue shaded regions are best guesswork by the analysts. Until figures are announced by the company we can only guess ourselves. I'm guessing myself there'll be some uplift in share price but who knows if it's already priced in.? Uplift might be todays action ? How do you know but the world markets are rallying a bit in the last few sessions. RR is running with them at present.
Scroll down to Balance Sheet Analysis and below the chart look at Net Debt. 2021 it stood at £5.1bn and 2022 is forecast £3.8bn. Is that the ITP sale pencilled in ? It's around that figure. Could go either way when announced but you'd think there'd be a bounce.
https://www.marketscreener.com/quote/stock/ROLLS-ROYCE-HOLDINGS-PLC-4004084/financials/
If posters are sceptical about future earnings here's another decent source. Look at Earnings history and estimates for 2022 and 2023. Still at 2p and 4p EPS consensus. Here's hoping there's an uplift soon.
https://markets.investorschronicle.co.uk/data/equities/tearsheet/forecasts?s=RR.:LSE
I never kid myself this is going to the moon but like everybody else I've bought in as a recovery play. If you trade in and out that's fine by me. That's the way it goes. I'm a holder and ex worker. 98p was my buy in.
Look at where we were last September 120p then a bit of euphoria after some good contracts then up to 150p. Since then crash. Yes crash , when a share nearly halves that's a crash in my book . Never mind.
https://tradingeconomics.com/rr:ln
Since then it's been nothing but bad news. Look at the sales forecasts and earnings revisions. Both downwards even just looking at 2022 Sales are forecast down £12.5bn to £11.5bn .Earnings are worse .6p EPS is now just 2p. Now then the company issues it's own guidance and if these analysts are wrong they would give an update .I've never heard anything. Maybe it'll be different and there's a surprise ? I'm putting things on the back burner . It's taking longer that's all. Got to be realistic.
https://www.marketscreener.com/quote/stock/ROLLS-ROYCE-HOLDINGS-PLC-4004084/revisions/
If this sell off is done then a rally to 91p ish could be the next move in the game. One for the gap traders.
https://www.cmcmarkets.com/en-gb/instruments/rolls-royce
Same happened in March with that so called takeover rally to 110p.
https://stockcharts.com/h-sc/ui?s=RR.L
Not working.. Lower indicators , Slow Stochastic and Williams %R and a 10 day moving average.
https://stockcharts.com/h-sc/ui?s=RR.L
Chart should be set with Slow Stochastic , Williams%R and a 10 day MA . Not a bad thing to follow for short term trading. Post a reply if it's in the link ?
https://stockcharts.com/c-sc/sc?s=RR.L&p=D&b=5&g=0&i=t8397699052c&r=1655995356956
Before the Rights Issue there were 1.93bn shares and today 8.37bn shares so an increase of 333%.
https://www.ii.co.uk/analysis-commentary/rolls-royce-rights-issue-all-you-need-know-ii513777
Set this to MAX and the high is a bit over 350p.
https://markets.investorschronicle.co.uk/data/equities/tearsheet/charts?s=RR.:LSE
Old unadjusted high when the chart is set the 25 years or ALL. £12.
https://tradingeconomics.com/rr:ln
RR isn't alone the Airline Index was at 90 in February now 67.
https://stockcharts.com/h-sc/ui?s=$XAL
https://stockcharts.com/h-sc/ui?s=RR.L
At 80p this is cheap looking at the earnings below. Forecast 2024 for 9p EPS which is less than P/E of 10. Paying a dividend from 2023 onwards. If 2p is accurate for 2024 that's a yield of 5%. Another bonus and the pension funds will be taking note.
https://www.marketscreener.com/quote/stock/ROLLS-ROYCE-HOLDINGS-PLC-4004084/financials/
Trouble is it's not just JPM who've been negative..Just got to hang in until sentiment turns.
https://www.marketscreener.com/quote/stock/ROLLS-ROYCE-HOLDINGS-PLC-4004084/consensus/
https://www.marketscreener.com/quote/stock/ROLLS-ROYCE-HOLDINGS-PLC-4004084/revisions/
Client sentiment still 99% LONG here. If you set the chart to 3M you can see the gap fill to 110p on 24/3.Today still holding on to 85p region.
https://www.cmcmarkets.com/en-gb/instruments/rolls-royce
Sales will be flat for a while. Forecast nearly £14 bn by 2024 so slight improvement. EPS only 1p in 2021 but 4p , 6p and 9p by 2024. On a forward P/E of 10 for 2024 at current 85p. Cheap for sector.
https://www.marketscreener.com/quote/stock/ROLLS-ROYCE-HOLDINGS-PLC-4004084/financials/
Client Sentiment...99% LONG...
https://www.cmcmarkets.com/en-gb/instruments/rolls-royce
Bought in recently at 98p but it appears analysts aren't happy and not just the one last week.
Profits and earnings per share (EPS) have been pushed back another year to 2024. What was 9p EPS in 2023 is now 2024 and on a P/E of 10 at 95p is cheap. Just not moving for us is it ? Sales are also forecast lower.
https://www.marketscreener.com/quote/stock/ROLLS-ROYCE-HOLDINGS-PLC-4004084/financials/
Look at the revisions in the last few months alone all down. Might get a boost if the situation improves with the world crisis and inflation etc.
https://www.marketscreener.com/quote/stock/ROLLS-ROYCE-HOLDINGS-PLC-4004084/revisions/
Good luck.
Not on this share before but maybe a lot of underperformance has something to do with the sector itself. Here's the US sector down.
https://stockcharts.com/h-sc/ui?s=$BKX
One guys thoughts on it but could be wrong ? Maybe it's all to do with rate rise and the economy.?
https://vimeo.com/695827745/e8bee7b575
Live video here at 17.07 tonight. Let's get it done basically.
https://www.bbc.co.uk/news/live/uk-politics-60925723
Link from last week.
https://www.energylivenews.com/2022/03/22/boris-johnson-plans-for-uk-to-get-25-of-energy-from-nuclear/
Shorts have dropped from 0.89% to 0.23% since late last week.
https://shortics.com/rolls-royce%20holdings%20plc
Not listed here the same.
https://uk.advfn.com/toplists/free/most_shorted
No idea if posted but we have a video yesterday.
https://twitter.com/JeremyNaylor_IG
In a tight range for days then a sudden boom from 4.15 ish Friday . Daily chart shows a gap fill from a month ago bang on where we ended.. Lol !!
https://stockcharts.com/h-sc/ui?s=RR.L
Not one comment on here.. another Lol!!
https://www.lse.co.uk/ShareChat.asp?ShareTicker=BA.&share=BAE-Systems
Well our earnings for 2024 are priced at 9p per share so a P/E of just 12. Cheap. Just need an all paper merger for £2 plus then..
https://www.marketscreener.com/quote/stock/ROLLS-ROYCE-HOLDINGS-PLC-4004084/financials/
Can hardly see an order changing a share price in the last 15 minutes of a session the way it did. Might sound a big order but RR needs billions of orders all the time just to stand still. Sales £15bn a year ??
Takeover speculation seems to be the key here and often a share holds up for months without an RNS. Remember a few years ago when it was all about the rights issue. Media saying " speculation won't go away " . Same now with takeover rumour unless it's quashed.
Link is from 2015 not 2022 but highlights the fit needed for things to work.
https://www.standard.co.uk/business/chris-blackhurst-rollsroyce-should-merge-with-bae-systems-a3138836.html
500% increase in volumes yesterday on here.
https://mobile.twitter.com/search?q=%24RYCEY&src=cashtag_click