Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
I similarly think ""RR shares will hit £7.00 by the end of 2025 "" is daft - I see £7 coming much sooner - perhaps Feb. Although I used to think "the cats" predictions were a bit far fetched when you look at what the SP has done in the last year and then look at what good news is in the pipeline £7 starts to look a conservative estimate. Assuming the Govt can get its finger out and award SMR contracts before the GE we also have a credit rating upgrade, possible announcement of re-entry into the narrow body market, return of dividends, potential massive order from Emirates (assuming RR can improve time on the wing - which Tufan says they are working towards), Share buybacks, decreased debt levels and.... possibly the most important factor - Can Tufan stick to his goals with regards to revenue / profit and profit margin??? I realise this is quite a list - but many of these are in advanced stages of being achieved and many are co-dependant on each other - the one outlyer which is to some extent outside of RR's control is the SMR contract - We just have to hope the Govt don't kick it down the line for after the GE....
After watching President Bidens State of the Union speech (which was mighty impressive)I'm not sure any American bid needs to be considered for the smr contract. He quite happily stated that the American recovery needs to use American firms and American workers....
Google finance has a great feature where you can enter your portfolio and it shows you how it has grown over time... not rocker science but surprisingly few sites seem to have this feature... however, their inability to keep accurate sp's is incredibly frustrating...
@ Rhenmetal_fan - Just out of interest (and I'm asking as I notice you have commented on their board...) what's the deal with Bank of Georgia?? I see them in the charts absolutely smashing it - the share rise looks almost too good to be true - is their substance to their performance??
RE: "I also arrived at the Nvidia party late but it turns out that it's a party animal. Also in super micro and what a ride that is."
I looked at Super Micro Rheinmetal and and was sorely tempted but assumed I'd missed the party - It does indeed continue to impress...
Someone tried to suggest to me the other day that the Government wouldn't be able to award the contract so close to the election as they would (sort of) not have a mandate - Sounded like codswallop to be - I presume this has already been costed / budgeted into the Govt Financials. I could understand where they were coming from but you can't just stop carrying out policy when you get near an election for fear of offending people....
I was 100% RR. It was great. I developed lots of spreadsheets showing how well my investment was doing and forecasting my new found wealth as it surged past 150, 200, 250, 300.... but it was also a bit daft. Most "proper" investors wouldn't dream of putting anymore than 5% in any one share. So I've divested... a bit. I still have a very unhealthy alliance with RR however I now have the pleasure of worrying about several other shares.... So far I've invested in Greggs (who's ever seen a Greggs without a queue...), 3i (I'm afraid I simply went on their track record and how enthusiastic people on the 3i board are), Nvidia (very late to the party on this one but it's already made decent returns), Vistry (If you go on their chat board you'll see a video someone has posted which explains all - it seems too good to be true.... we shall see) and IAG. I've divested about 10% of my holding... so I'm still breaking the cardinal rule of investing and am woefully over-exposed.
The point of this post is simply to ask what fellow RR enthusiasts are invested in outside of RR..... I've shown you mine... now you show me yours :-)
FTSE is down .67% today - Royces did well to buck the trend for much of the day - I wouldn't read too much into it - think long term - think of BBB rating, think of Dividend announcement, think of SMR contract award :-), think of a massive order from Emirates when Tufan cracks the time on the wing issues...
Overall some very committed investors with a sprinkling of more cautious / sensible (??) investors. I think I'm going to continue with my (way) over-exposed position in Royces and pray I never have the "I told you so" moment from those that have warned me that my tactic - whilst successful - is also quite risky. I suppose being a LTH helps offset this risk insofar as the SP has to have a monumental meltdown for me to be in a negative position - Onwards and Upwards :-)