Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Yes RR fundamentally is undervalued as Turbo TuFan RR big turnaround was surprising and backed up by 5 year growth plan. TuFan’s AGM, expecting further profit upgrades and higher RR share price. Otherwise he would not risk his reputation as CEO if he could not deliver. Supply chain issues a concern but RR AGM will say try to minimise and mitigate them. The whole aviation sector suffering parts shortages anyways
Lloyds reaffirmed its full-year guidance with expectations including a NIM of greater than 290 basis points and operating costs of about £9.4 billion.
A CET1 ratio 13.9% – an important metric of bank liquidity – was ahead of the ongoing target of 13%.
Chief executive Charlie Nunn stated: "The group is continuing to deliver in line with expectations in the first quarter of 2024, with solid net income, cost discipline and strong asset quality.
“Our performance provides us with further confidence around our strategic ambitions and 2024 and 2026 guidance."
Maybe some profit taking today but up now for trending towards 444p again. The 435p High today was a set up test for 444p I think, the rising trend is my friend. Higher Highs, Higher Lows !!
Svend as you say, I agree: Heading direction 444 as a magnet following a gentle (Outside Bar Thursday) upward bounce off the 420
GE’s results today will lift whole aircraft engines sector. See share upgrades for main engine makers like RR push up share price. $5 for RCEY RR American listings now, up 4% today!
- GE Aerospace reaffirmed its 2024 targets and authorized up to $15 billion in share repurchases as part of its plans to return 70% to 75% cash to shareholders.
- More than 70% of the $24 billion annual revenue that the unit's commercial engines business generates comes from services.
- The company said customers want more engines and aircraft to be able to meet their continued growth and demand projections. However, meeting the demand remains a challenge as the supply chain is not able to ramp up at the speed desired by the company.
"If we've got backlog into the 2030s, you know we've got a lot to do," Culp said. "And it's a day-to-day challenge."
SMR date? Any ideas on announcements? Aside, Peston was saying May election possible. I guess this bunch want to win votes and bring jobs to RR. Maybe SMR contracts date coming very near, March/April. So good as this RR shares going to fly higher, who know if good for RR which I think so. Maybe up 25%-30% on SMR newsflow. I’m holding out for £7-£8 though.
BAE shares look cheap on forward P/E 18, that’s even without a profits kick up from new acquired Balls Aerospace. I think generally the whole defence sector will be uprated too with increases in further military spending! Yes, BAE company fundamentals are on a sound footing. It’s buying Balls Aerospace that grows the company in high tech military spending areas benefiting BAE profits. Yes, short term hit to BAE cash positions and profit margins but huge prize afterwards! I think the market will re-assess BAE company fundamentals and see the shares go higher.
Alas_Smith: Agree with you. BAE company fundamentals are on a sound footing. It’s buying Balls Aerospace that grows the company in high tech military spending areas benefiting BAE profits. Yes, short term hit to BAE cash positions and profit margins but huge prize afterwards! I think the market will re-assess BAE company fundamentals and see the shares go higher.
£14.50p BAE Target, Morgan Stanley. Overweight, up 50p on yesterday’s results. Barclays £15 BAE Target.
JPMorgan raises BAE Systems price target to BUY 1,400 (1,300) pence - 'overweight
This BAE Undervalued. Other brokers will raise share targets.. These BAE shares will lift 🆙
Shares in defence companies have higher P/E’s reflecting their higher growth prospects. BAE cites today robust growth in the mid term despite highly competitive market conditions. So the average current Footsie100 P/E ratio does not apply to BAE shares. Share prices today should be based on future P/E ratios. As regards LockHead Martin, they have their own company issues and although a competitor, they have nothing to do with BAE future growth prospects.
I can see Broker upgrades coming. The shares should head higher. It’s the market makers playing games. They get people to sell at lower prices and then afterwards send the shares higher. BAE is undervalued versus it’s both current and future prospects.
Yes Fabulous BAE Results Today ! They surpass Barclays Broker’s own targets which were at the highest of any broker results predictions, at £24.72 billions revenue, £2.67 Billions EBIT and EPS 62.2p. Actual BAE results today are much higher and so the shares are set to go much much higher on the back of these excellent results !!! BARCLAYS £15 PRICE TARGET FOR BAE SYSTEMS
****nal17: this is definitely bullying by you 💯 i’m your target. no more i say, bullying never wins. you wrote this kind of stuff about me hey: pernix of course you can post whenever you want but you really are boring when you keep up with your repetitive whinging posts , you obviously haven’t been investing a long time so. i will keep butting in as you say whilst you keep whinging 😀😀
****nal17 - this person has been bullying me on this chat board. bullies never win. i have told this person to leave me alone. they will not listen. so i will be reporting him. bullying can never be justified anywhere! finally if you apologise to me publicly, then we’re done. no more contact from you.
agreed ****nal17: you don’t have to listen to me. others may want to listen to what i have to say. oh yes, this is a chat board and i can post daily, weekly etc… who makes you my lecturer. you should relax and behave. so butt out with your slur comments. too many times !
Today’s RR share drop. Stay calm folks. Yesterday BAE Systems went to highs 1250p then came of the boil to 1220p. Now it’s back up today 1230’s. Maybe similar to RR, up yesterday lots and today come off the boil. Hopefully similar share pattern behaviours.