Member Info for patanj

Toff maybe I suggest stop speculative answers , you need concrete statements

Their turnover is still strong in other areas, the a engineering, they are operational....

Hey Toff

They did a currency hedge write off of 4-5 billion in 2017.

Technically bankrupt, is not the best description.

From what I understand, a strong cash flow is needed to bankroll engineering projects.

All will be revealed , too much speculation on this site

Lets hope, what we did see was a surge of invesment and demand from the initial kuwait announcement before board response, so it clearly is visible there are alot of potential investors waitong for news before reinvesting, at this point the demand and surge will create a very high price and recupration to 250-300,

I could be wrong as RI will swing t-3 opposite way like IAG and we could see SP drop to 6p pence like before .

Board have to get there market capitalisation back up to 6 Billion ASAP

Hahahaha

A bit harsh, the cash is needed to to fund the development of the contracts they have been awarded,

They still have alot of engineering contracts to fulfill across the board.

What is dissapointing only feom RR is how they have managed the commumications with very little information until recent announcement when at that point SP was at a very low.

Only structured support from UK, BoE will save it from further misery and external.investment without the need of. RI.

Complex factors

25 September 2020 -- Moody's Investors Service ("Moody's") has today downgraded the corporate family rating (CFR) of Rolls-Royce plc (Rolls-Royce or the company) to Ba3 from Ba2. Concurrently Moody's has downgraded the company's long-term senior unsecured rating to Ba3 from Ba2. The outlook remains negative.Today's rating action reflects:? A worsening outlook for recovery of flight hours and deliveries in the company's large commercial engine division over the remainder of 2020 and in 2021? Expectations for cash outflows in 2020 and 2021 at the higher end of Moody's estimates, which could put pressure on liquidity and balance sheet metrics in the absence of further finance raising? Whilst the company is evaluating potential equity and debt issuance, which would be credit positive, concerns that this would not be sufficient to maintain a balance sheet commensurate with a Ba2 ratingMoody's has also downgraded the rating on the company's senior unsecured Euro Medium Term Notes (EMTN) programme to (P)Ba3 from (P)Ba2, downgraded the notes issued under the EMTN programme to Ba3 from Ba2, and downgraded the company's probability of default rating to Ba3-PD from Ba2-PD.RATINGS RATIONALEThe company's Ba3 corporate family rating reflects: 1) high barriers to entry given the critical technological content of the company's engines; 2) the solid performance of the company's defence division and its diverse revenues across different end markets; 3) the strong to date performance of the company's Trent XWB and Trent 7000 engine programmes which represent the majority of future orders and installed engine base; 4) the strategic importance of the company to UK defence capabilities and to the aerospace supply chain, resulting in a high likelihood of government support if required as a result of the coronavirus outbreak; and 5) the company's commitment to a conservative financial profile.The rating also reflects: 1) a weakening environment for commercial aerospace in view of a slow recovery of engine flight hours pressured by travel restrictions, quarantine measures and broader coronavirus outbreaks across several regions; 2) Moody's expectations for substantial free cash outflows in 2020 and 2021 and possibly beyond, leading to increases in leverage which the company faces challenges to recover over the next 2-3 years; 3) high uncertainties over the progression of the coronavirus pandemic which could lead to further material cash outflows; 4) execution risks in implementing a material restructuring programme whilst maintaining operational effectiveness and competitive position; 5) ongoing execution risks in concluding fixes relating to the Trent 1000 engine programme; and 6) a degree of concentration risk with reliance on a small number of commercial aerospace engines for widebody aircraft.The outlook for the recovery of global air passenger volumes has deteriorated in recent weeks as European countries have reintroduced quarantine measures and travel restrictions

Looking at the IAG RI the share price has actually dropped from the discounted price offered.
A RI issue, does not guarantee, SP to rise, however for RR the board needs to look at the merits of the RI on future valuation, markwt capitaliztion and getting there moody ratings back to A standard.

A bigger revolving credit facility needed in my opinion to.fund the major projects they have.

Is the sell.of stabilising, and last of the SP being low

Your views

Very true Casa, its a **** inconsiderate communication

Could be right could be wrong.....

GE are massive and have cash reserves and eauity fro? American institutes. They will survive ,

RR hopefully will

Why dont you leave the forum if you are not a shareholder, you are a nasty vindictive pessimistic troublrmaker with no value to give

Thats what i tell the missus with the illiterate , non speaking portugese garners we have

Im expecting xombie apocaplypse with Brad Pitt driving around the world on. Rolls royce engine plane

Under UK law you will, as your broker has the information registered at timw of trade, it takes 24 houra for brokers to update LSE and company

Its called capitalism and mode of production,
In UK w3 have a similar issue qith gardening, the expensive brits are being rwplaced with the cheap portugese gardeners at half the price, mor3 value

Casa. Are u planning to come.to UK and undercut lol

You are full of doom.amd gloom, the boom will happen again in the near future, !

Good point

Really a decade !!!

Are you scaring people , it will recover when the aviation industry recovers..... 10 years is your estimate !!

Good point, what most new RR investors do not realise is majority of shareholders have not sold shares at this price despite drop. Believe paper value is much higher.