The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Just looked up what other countries spend...(link below) - highlights - Ukraine - 30% (for obvious reasons), libya 15.5%, Oman, UAE, Jordan (oil states) - around 4 or 5%, US 3.5%, Israel 4.5%, UK 2.2%
World average is 2.2%
Caribbean seems to spend the least (as a region) at 0.8%
So the UK is spending an average amount at present - 4% seems quite a high target Mb.
https://data.worldbank.org/indicator/MS.MIL.XPND.GD.ZS?most_recent_value_desc=true
Are we assuming Labour would honour this pledge? It's technically what we "should" be spending as members of NATO - any less and you are considered not to be "doing your bit". Certainly can't be bad for RR.
Another 7.5% increase required to get back to where we were a few weeks ago....So many months of continual increases has meant a few weeks of mediocre / poor SP performance has been quite a shock to the system. Bring on the AGM and an update showing we're on target to meet / exceed Tufan's objectives....
It would be nice to see a bit of support from the US come 2.30.... For the last couple of weeks it feels like they've sucked all the positive energy out of the SP as soon as their markets open (I "think" this is factually correct - it certainly feels that way)
"Iam 99% sure ntc didn't go to the cmd"...
Nettles has never claimed to have "gone" to the cmd. He (yes, Nettles is a "he") has however maintained he listened to the whole day's presentation via the Web. So Nettles got a name wrong... so what??
I really do wonder what some people's motivation is on this board. None of what you have said is either remotely interesting or remotely relevant. I would suggest you return to the rock you've been hiding under and save us from your tiresome diatribe. As for your name I suppose we should remember what Oscar Wilde said "imitation is the sincerest form of flattery".
My mate Dave said he was going to buy some - I suppose it could be him although it would suggest he's been living well within his means as he drives a 7 year old Fiat Punto.... If it's not Dave I suppose a headge fund / ETF / Pension company? Is there any way of checking? - Do pension companies (and the like) disclose major purchases? If it is indeed Dave I'm guessing that information would be hard to get - unless he lets on in the pub later - I'll ask him and report back.
RE: "That's currently on hold . we are in negotiation . may still happen i will keep you posted"
So I'm assuming you're talking about potential strike action.... Let's hope the conveners can negotiate there way around it. Whilst certainly not disastrous strike action is the last thing RR needs - If nothing else it's just not a good look - I sometimes wonder whether the Derby workers realise just how lucky they are sometimes - Royce's is a good payer and the T's and C's for the workers are up there with the best however it seems as soon as RR announce things are going well the workers demand more.
I think RR needs to take a long hard look at itself. Th past couple of weeks have not been acceptable. Not even confirmation of a £20Bn deal has managed to give it a spark....I've started to look longingly at other shares. My pinned shares are all doing well....but the share I have the most faith in is taking a breather from what has been a rather impressive streak. Back to the 420's and beyond please RR... and no daudling.
Back to Boeing..... They're getting anihilated in the Senate hearing - Loads of clips on twitter such as the below....
Boeing whistleblower Ed Pierson just told the Senate, “I’m not going to sugar coat this: This is a criminal cover up.”
He says Boeing illegally stopped conducting thousands of quality control inspections and hundreds of airplanes left Boeing factories without those inspections.
Anyone who thinks RR has reached it's PEAK needs their head examining. We're on the cusp of manufacturing SMR's and re-entering the narrow body market. The company could literally double its revenue in the next 10 years (and that's probably being conservative :-))
According to an RNS (released yesterday) on Regional REIT's page they're at 90% in a flagship office at Glasgow Airport - RR are mentioned as "new" tennants although as I said previously this was actually announced back in September... all a bit odd...
Did bit of digging and the Glasgow offices were leased to RR in September 2023....Although it shows up in a press release yesterday??? Same Sq footage so the same offices (I would guess).
Just bumping this up as there didn't appear to be an answer last time...
1) Does the AGM usually provide a trading update?
2) If not is there any indication of when a trading update may be given.
It'd be interesting to see if we're on track with regards to Tufan's reasonably ambitious targets....
Red_Inky you don't half talk a load of BS...
You posted on March 28th “Will drop a bit on the 8th April dyor” and followed this up later the same day with "You will have to wait till the press release on the 8th”.
On 08th April RR rose from 379.08 to 387.76. There was no press release. The reason for the recent drop is down to worldwide events (which have affected the whole market). Why would you try and "sell" your previous post as some sort of win when it was wrong on both counts?? You really are a deluded individual - You probably believe in alternative facts...
Cheesecake... It's a prety natural assumption to make that the US dragged the RR SP down when you look at the SP movements today.... Rising almost all day..... until..... 14.30 when steady decline ensued. Whilst my first name is not Sherlock even I can deduce a pattern with this price behaviour.
RE: "ISA are buying more shares , that puts them in a lock right? Less tradable?"
Money is only "locked in" to ISA's if they are junior ISA's (money can't be taken out until the account holder is 18). Money in other ISA's can be withdrawn at any point (although I think there's a penalty for withdrawing money from lifetime ISA's before you're 60). So, in reply, no, money isn't generally being locked up by ISA's. Normal ISA's are as liquid as any other share account - they just happen to be tax exempt.
I feel like a teacher watching a class of 7 year olds. Everyone take a deep breath and chill the f'ck out. Let's get back to analysing the double spouted tea cup which is forming and lamenting over the lack of positive news coming from Tufan (Where is that very important big order.....). Let's try not to get too obsessed with what Dave suggested might happen this morning based on 300 projectiles being sent from Iran too Israel over the weekend...... If we're honest - most people on here would have assumed the SP would tank this morning if it weren't for the fairly swift de-escalation in the Middle East..... However only some typed out their thoughts to ultimately be proved wrong... I would suggest a de-escalation of the board with a "post a picture of your pet" post however the board isn't really taiilored to that. Happy Monday people :-)
When I first started following the events on twitter as the missiles / drones were on route I seriously thought this coud be the beginning of a huge conflict... As it transpired it was more posturing than anything - Iran pretty much old Israel what it was doing almost in the hope that Israel would shoot down all the incoming missiles and drones. Does Iran really have the stomach to take on Israel (and the US and Europe) ?? - It makes no sense to me - Iran would end up getting obliterated. Thankfully the market saw through the drama and saw the events for what they were.