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Directors aren't exactly reaching into their pockets. Their buys are typically part of their 'salary' taken automatically and something they don't need to pay 40% tax on unlike the rest of their salary. As has been explained time and time again.
I don't think anyone here has brought up the topic of buybacks. Obviously the paydown of debt takes priority. I wonder if buybacks or dividends will take priority thereafter. It is typical, especially after RI for buybacks down the road to occur. I suspect dividends first and then buybacks, but I imagine they will happen in the future. Just food for thought and something that just crossed my mind. Last RR buyback was December 2014.
Haven't read anything of this in the pipeline yet. But I suspect it will happen at some stage once everything is settled and the manageable debt is gone.
Well done everyone who has sat on their hands last couple of weeks. I know it is very tempting to sell thinking you can re buy lower, I know I have been tempted! If just like to say thatbij my experience, and it seems to be common to others.. when you do, you can often not get back in and end up losing out. Becomes a very stressful time! Other times I have lost our have been when I have been caught up with AIM stocks. There's been a couple of occasions I've lost circa 10k in AIM stocks and caught up in misleading hype. AIM don't have the same accountability and regard to their shareholders. I have learnt the hard way.
Well I hope those of you who may be tempted by either of the two take that onboard and don't make the same mistakes.
Anyway onwards and upwards with Rolls Royce. Consider that everyone has their own agenda. No one knows what a share will do. Especially those in AIM stocks which I would strongly advise individuals to stay clear of. Use your head and if something seems too good to be true it most likely is. Have a great weekend everyone who has sat this out. Have your own exit strategies and don't be persuaded too much by others. Enjoy your own personal journey.
Not uncommon for a drop in a Friday as positions are closed for the weekend. But rest assured if you sell, it won't drop... It will do exactly what you weren't planning for so I'd hold tight rather than risking scalping a few more shares.. π
The head of Dubai's Emirates has urged Rolls-Royce to go "back to basics" and focus on the performance of its engines, a day after the British firm laid out plans to quadruple profits.
Shares in the British engineering firm rose after CEO Tufan Erginbilgic unveiled a strategy on Tuesday to revive the engine maker's fortunes including a sharp increase in profit margins and "value-driven pricing," suggesting higher servicing bills.
But Emirates Airline President Tim Clark, who criticised Rolls over engine pricing and the performance of its largest engine at this month's Dubai Airshow, appeared unswayed by the plans which rely heavily on higher engine profit margins.
"If you have an engine...not performing as it should do, your costs are going to rise. But your ability to extract value from the client is going to fall simply because the client won't accept non-performance," he told Reuters in an interview.
"It's a very clear kindergarten understanding of cause and effect. Get your product right, design it to what the client wants, give it that high level of reliability. And yes, paradoxically, you can extract more value for your money for your buck in terms of your investment." At this month's air show, Clark ruled out an immediate deal to buy Airbus A350-1000 jets, the larger of two models, blaming a dispute with engine maker Rolls-Royce over the engine's poorer-than-expected durability coupled with higher servicing prices.
"I said, guys, you need to go back to basics. Design engines that meet what the client base wants," Clark recalled saying to the engine maker during negotiations, which ultimately gave way to a top-up order for the smaller A350-900.
"We were ready on the -1000. You have no idea how much work I've spent on the interiors of these airplanes," Clark said, adding the engine stand-off had "opened the door" to plans to revive the Boeing 777-8 as a passenger variant as well as a freighter.
Rolls-Royce had no further comment Tuesday's investor presentation. Airbus declined to comment.
Rolls has acknowledged that the downtime on the XWB-97 engine is greater than expected but has denied suggestions by Clark that the performance level equates to being "defective".
Clark said the idea of ordering the A350-1000 was "not off the table" but added it depended on progress on downtime, noting that Rolls plans to introduce some modifications inherited from its Ultrafan engine technology research in late 2025 or 2026.
"I would say get your engines right....I promise you: you
come up with a good engine, and we will talk to you seriously about a sort of maintenance cost, which gives you the kind of returns that you seek without being over-greedy." Erginbilgic said on Tuesday the problem of durability was specific to the XWB-97 engine used on the A350-1000 and only in challenging climates. He said Rolls was working with Airbus "to improve that engine to a great level".
Https://www.rolls-royce.com/investors/capital-markets-day.aspx#/
Https://www.constructionenquirer.com/2023/11/24/housing-slump-hits-brickies/
Most British crew are actually on permenant contracts as per their SEA agreement. Most of these 243 contracted are deck officers, technical officers and senior management team.
So they have stirred a hornets nest. It's not lazy journalism, it's the truth and Carnival have a habit of doing this as the same happened in COVID forcing the very same employees to take a 15% pay cut and sign a new agreement or not be rehired. I would just like to say that the office staff had this reimbursed later and got an additional financial thank you, where as the seagoing staff did not. Nautilus approached the media with the most recent case but and the HR1 HAD been submitted. So Carnival were most certainly gearing up for this.
The 9 month contracts you speak of are typically foreign workers.
So don't comment on things you know nothing about.
I suspect Miami at corporate level are now very displeased with the media backlash of this and have demanded this is quashed as a matter of urgency to protect their company image.
Sorry for a common(ish) question...
I forgot how to stop these pop up video clips when you refresh the LSE page. I did get a response from LSE quite a few months ago on how to prevent them (except when reloading the page from fresh).
There was a simple button / setting but I can't for the life of me remember what it was without using an ad blocker.
I don't think most 5 yearly charts take into account Rights Issues.. Does anyone have a pre rights issue calculation for equivalent share price accounting for the rights issues? There were two weren't there? Was so long ago now and I've gone through loads of rights issues with different companies, am losing track whether it was one or two with RR π€¦
I enjoyed reading the positive posts on Friday about how little or large gains from this share have had a positive impact on people's lives. More of the same please π
Back in the middle of COVID I put my house deposit on RR and it actually paid off allowing myself to buy a derelict house in our perfect location with lots of land. Was a gamble but without it we wouldn't have afforded the deposit.
Have been invested here since beginning of COVID when I diversified my previous portfolio. Again RR is my majority share and well over 100k in the green. Waiting for more gains so we can knock down the house and put up something more habitable π
Topbrewer
You can find this information from the companies 'investor relations' website same as any other stock. Also, even on this website if you click the blue more information button and then go to Financial Diary. It's all there, this is basic stuff. Hopefully this helps you in the future with the rest of your portfolio.