RE: SMR Date? May Election?8 Mar 2024 09:10
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....