Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
RE: Hello PEAKDREAD, Type in a Google Search the following poundf.co.uk/rolls- royce .
Thanks Cassandra.... The authors seem to be smoking some strong tea leaves.... :-)
Never seen this site before - I presume it's based on charts? (if it's based on anything at all...)
Thanks again - always good to see a broad prospective of what people think....
When I first heard Nettles talk about £7 a share (and the share price was C£1.30 ish) I thought he was grossly over ambitious. I now think £7 a share is conservative. I'm very intrigued by the "interesting tech" CityTTrader... I've heard of a few things going on at Royces but I imagine your knowledge is proper secret squirrel territory.... Whatever could it be....
Whilst Google finance has its limitations (such as an inability to get the closing sp correct on a daily basis...) it does provide charts which take into account the share dilution and thus banish the £11/share scenario. Its surprising that taking into account share dilution isn't standard practice??
Re: "Barclays analyst Charlotte Keyworth maintains his Buy rating on the stock. The target price is revised upwards from GBX 430 to GBX 409"
This does seem peculiar. Firstly I'm all in with the modern world and pronoun choosing etc but is "charlotte" really a "he" or is this just sloppy writing. I also concur with the other point already made... the target price hasn't been revised upwards if it's moved from 430 to 409. I've done a quick Google search and can't find any correlating articles to check this against. Should it be 509??? What was the previous target from barclays? Just doesn't seem to add up to me... @nettles?
I think I've worked out what happened with the Barclays update... You were touting this ages ago - I think Barclays came to this price ages ago too but Kevin the office administrator forgot to fax it through. It then got lost and only got found again when Kevin called in sick and someone had to use his desk - Whilst clearing away all the detritus the "hot desker" found the updated price stuck to the bottom of Kevin's keyboard - apparently it was stuck on with what can only be described as some unidentified bodily effluent.... Anyway, once found it was faxed across (months late). If it had been released at the time it was decided upon it would have signified a bold prediction - however 3 monhs is a long time in the wonderful world of Rolls Royce and it ended up upsetting 97% of the LSE RR Board. However the real villain of this story is Kevin with his questionable hygiene and even more questionable filing capabilities.....
RE"Watch for the big contracts peak, and make yourself look silly even further! And no, I'm not a numpty, but I seem to be talking to one. End of."
Firstly Toffers "make yourself look silly even further" doesn't really make sense does it... I'm not the one with an inability to understand quite basic maths.
"watch out for the big contracts peak"... Not really sure what you're getting at here Toffers - Of course there will be some "big contracts" announced - It kinda goes with the territory of being an engine supplier. Rather like bears defecating in the woods or Pope's generally being of a Catholic persuasion saying there will be "big contracts in the pipeline" is somewhat stating the obvious. To suggest that because I pulled you up on your astonishing inability to grasp a really simple concept concerning share dilution equates to me not believing "big contracts" are in the pipeline is a bit of a non-sequitur.
It is indeed a fact that in 2019 the share price hit £9 - HOWEVER you then went on to suggest that this £9 share price meant £7 was "easily achievable". The ACTUAL share price in 2019 (when you take into account dillution) was £3. Therefore £7 will be an historic and meteoric rise (as opposed to a walk in the park as "it was £9 in 2019"). Your lack of understanding is breathtaking - your lack of contrition and inability to hold your hands up and say "sorry for being a numpty" is a sympton of modern society.
That's the other thing people who spread "alternative facts" do - get all aggressive and uppity. The fact that it was £9 in 2019 is a moot point - due to the rights issue - due to the rights issue the price in 2019 is adjusted to £3 - Thanks for letting us all know there are some "big contracts" in the pipeline. You'll be suggesting SMR / Dividends / buybacks and improved credit rating may be a good thing next.... If I had a crystal ball I'd guess it would let me know you will come back with another aggressive response coupled with some inane line in an attempt to move the subject on - rather than hold your hands up and appologise for being a numpty.
If company X has 100 shares and is worth a hundred pounds in 2021 and then in 2022 company X decided to dilute it's shares by offering an extra 3 shares to every shareholder then company X would now have 400 shares and is worth £100 (for the sake of simplicity let's assume the share price stays the same...). In 2021 each share was worth £1, after dilution each share is worth 25p. So the "new" price for the 2021 share is 25p....(NOT £1). I don't think I can break it down any more simply for you Toffers.... So the bottom line is the £9 (as quoted above) is actually more like £3. Or to be more exact... if you look on LSE's chart (above) - April 05th 2019 RR share price is £9.27... if you look on Google's chart the price for April 05th the price is £3.18
Gbholds - tbf if you look on the charts above (on this very board) you will see the price at £9 - HOWEVER - as the more cerebrally adept will know - this does not take into account the rights issue......
Toffers you remind me of Kelly Anne Conway who invented the term "alternative facts". I'd stop digging if I were you. A quick "sorry for being so dumb" wouldn't be out of the question either however my past experience of people who spread "alternative facts" and get caught out is they "double down"....
Toffers - if you want to view an "accurate" share price - ie a chart that takes into account share dilution I suggest you look at Google - Whilst Google is pants at getting the SP correct at the end of the day it does prvide charts which take into account share dilution.... This will show we are at historic highs - "£9" a share doesn't really cut it when you take into account the dilution.... Take a look at the link below and treat this as a learning experience......
https://www.google.com/finance/quote/RR:LON
Mr Blobby - you can dillyy dally and wonder what could have been or you can buy back in... If you'd bought back in just one month ago you'd be 28% up now. Or you can sit and stew about it and instead watch the share rise from a distance.... I don't mean to sound harsh but JFDI is the key phrase here.....
I had to take a peak at your previous posts after Badlands comment.... and came up with a lovely MF article from 13th October 2023 by the halfwit Royston Wild... (https://www.fool.co.uk/2023/10/13/are-rolls-royce-shares-about-to-become-a-horror-show-for-investors/)
After dilly dallying in the usual MF fashion Royston ended with this sentence (RR shares were 212 at the time :-))....
"Rolls-Royce’s share price has trended gradually lower in recent weeks. I fear it could be the beginning of a sharp downturn, so I’m happy to buy other UK stocks right now."