Member Info for PEAKDREAD

Not sure it's quite that simple - you've got to ballance making a healthy profit with not taking the p!55.

Hi Svend..."The pullback on the tea leaves has hit the Fib 0.382 @ 451.51 and the price is now consolidating meanwhile lower potential targets are Fib 0.5/0.618 which are 440/428. I decided to add a few here at the first real retrace (8%) opportunity in a little while. GLA"

In english does this mean an "expected" low point is 451 and the next expected low point is between 428 and 440?? Personally I see this as a massive over-reaction. So Airbus announces it's struggling to bang out the right number of airframes (narrow body airframes which don't use RR engines) and the market gets spooked and pulls out of RR?? - I would suggest it's a great buying opportunity - Wish I could top up but I can't.....

Does that include Berenbergs price target Svend?

What gets me is no broker has gone "big". Many on this board feel Royce's has the potential to get to £7 within the next year (quite a few think this will be achieved within 5 or 6 months...). The broker "targets" are supposed to be where they see the SP in the next 12 months..... Are we delusional? too invested? or is it standard practice for brokers to play it safe and dole out incremental price increases. When you look at what is still to come (much of which I don't believe is baked into the current SP) the potential is way beyond 550 yet the brokers seem to give out posiive predictions without really sticking their necks out??? I notice Phil Buller at Berenburg still has a "sell" rating at 240 ....

Over £40Bn again....funny world...

£40Bn = SP of 475

RE: "Go write another dumbass poem about me Puddycat. Please everyone listen to Puddycat."

What, so you can go crying to the admins to have it taken down??

This board really does attract some odd people. Some would rather spray meaningless insults rather than attempt to engage in intelligent discourse in matters pertaining to RR. Their anger is palpable. Generally speaking people with anger issues suffer from said issues due to a lack of intelligence which prevents them from communicating effectively. Thankfully they tend to move on when their angry utterances get ignored.

Good numbers GTjeddah...

So from 20.06.2022 to 20.06.2023 RR SP increased by 72%

from 20.06.2023 - 20.06.2024 RR SP increased by 208%

To get from todays price (483) to 700 it's a mere 45% increase

To get from todays price to 1200 it "only" requires a 148% increase...

700 (or even 1200) doesn't sound too bonkers when you break down what's happened so far and realise what's still left in the tank (divi's, narrow body, increased margin and flying hours, reduced debt, the elusive SMR, Emirates etc, etc etc)

I'm no chartist (unlike the venerable Svend) however even I can draw an average line and look where it takes us.... and 545 is most definitely within reach before August...

What about this weather eh? 🕶️🕶️🐈‍⬛🐈‍⬛👍👍

:-), :-), :-)

Brushing up against £5 and yet we still have the following to come...

- Divi's

- SMR deals (don't forget the UK is just one of many SMR contracts RR is bidding for)

- Possible re-entry into narrow body (I heard RR were offered re-entry into the narrow body market by Airbus just before Tufan took over but their projections on how long it would take to develop an engine (C 10 years....) stimied the deal...

- Emirates (and other "sandy based" / non-benign airline operators) should be champing at the bit to place orders for Royce's new improved engine with longer time on the wing expectations (1200 cycles compared to 500??)

- Boeing's continued demise...

- Increased airmiles

- Increased margins (August should hopefully show some significant progress towards Tufan's goals)

- Better Macro Economic conditions ahead (we must be getting close to an interest rate cut....)

- Lower debt (I'm assuming RR are paying off their debt double quick - especially if the incrreased margins bit (above) is being achieved)

Quite a nice list and I've probably missed a few things out....

Overall £7 is looking increasingly like an underestimate (although to be fair to NTC he did come up with this figure when many were questioning RR's very existance)

Without wanting to brag or reveal my pot if this hits £9 I will be able to retire. £7 will be amazing. £9 will change the rest of my life :-)

There's a deafening silence from some....I'm guessing they're huddled around a pot of potion mumbling incoherant mantras in the hope the SP will stop its progress and £7 will not be achieved. Will they claim victory if £7 is achieved in October 2024 rather than Feb 2025???

I doubt you'll get a reply NTC. If Labour do end up giving the contract to EDF they'll be shooting themselves and the country in the foot. Whilst I understand your concerns I just can't see them giving EDF the contract. Apart from some political pleasantries it makes absolutely no sense whatsoever.

I'd go as far as to suggest it's (almost) a nailed on certainty.

You're getting good at these predictions Svend... :-)

What are people's thoughts on final results?

Well done NTC. It's almost as if you know what you're talking about :-)

NTC is looking at COP tomorrow (tuesday). He's wrong of course. It's going to be 476.5....

Hi Chaster....

"There was never no mention about the blade issue being ‘imminent’"

"You maybe about to hear of some unfortunate news about the blades in the next few days so try not to be too upset when it hits the SP"

I'll ignore your double negative which somewhat negates a reply.... if the next few days isn't "imminent" I'm not sure what is. Apart from arguing for the sake of arguing I struggle to see your point.

We were promised an imminent announcenement regarding faulty turbine blades not so long ago - (by Ar$enal??) - Is this still imminent?

Tufan / RR have a number of other countries (The Czech Republic and Poland spring to the top of my head) who are interested in their SMR offering. It's good of him to give the UK Government a warning that it needs to get it's finger out. I've read your blog Nettles and understand your concerns regarding a Labour Government gifting the contract to the french... Whilst this may help international relations I just can't see how Labour would get away with scoring such an economic own goal. I can't imagine RR will position themselves as vastly more expensive than their competitors (I presume that knowledge of previous bids will give RR a pretty good idea of where everyone will be price wise) - I just don't see how an incoming Government can justify giving away a £20 Bn contract to a foreign country when they have the capability and wherewithall in-house... Maybe I'm just being Naive - Or looking at a half empty glass in a half full way???