Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
RR Share Falls. I see reported weak GE guidance civil wide body aircraft. That’s a concern. With RR at near highs, this maybe start of a bigger correction. You know if GE can fall 6% on results, RR could maybe fall. These RR Feb results will be ultra scrutinised. Depends what RR says if seeing weakness with client contracts. There are doubts now, no one way up bet. Then you got broker SELL cautions weighing. Each to their own how they view this new situation but I’m not a buyer at these prices yet.
Trellis: Maybe profit taking lasting for weeks to come. Just people booking profits as some stock makers at their highs. Also war conflict in The Middle East and higher inflation resulting from this is a concern. I think the markets are still factoring these in and may go down more.
RR Down. Trading range bound shares, up 310p to 290’s p. Tried to 310p yesterday, failed to hold and so down now. I kept powder dry, so would like to buy more shares if 290’s p. I’m just disappointed at no RNS newsflow on big order yet? At the moment RR profit takers dominate but hopefully things will change soon.
Sullysworld: The RR five year business plan was just so recently presented. So the investment brokers mostly are saying BUY - RR shares to their clients. It would have to be an almighty global shock for them to say the opposite. Anything can happen but more likely the shares will run a course to 400p plus. Here’s hoping 🤞
CityTTrader: Oh yes an RR Dividend would be welcome! I think initially a small one, only a token gesture to tee up the share price. If no dividend but plan to pay one is ok too. It means intention but so long as RR shares keep rising. As you say maybe 500p one day.
As I put up this post. Just ride the RR share price upsurges to follow. Don’t overthink it ! Get off the gravy boat if you think you have made enough money. What’s enough is your risk to rewards tolerance. No one knows how high RR shares will go and what timescales. Watch and be vigilant for any major shocks. Though barring any shocks, RR share are good, ready to go upsurge more. Only very few opportunities like this RR now in a lifetime !!
Yeah RR Piling Orders 🆙 So RR shares going to shoot up. Undervaluations, Intrinsic Values, PEG Ratio, Cashflow Billions, Defensive & Civil Orders, SMR’s, RR Cost Cutting, Debt Paydown, RR New Management & Dividends Restart Coming. Whichever way you look at RR, this share is going to shoot up ‼️
Motley Fools BUY. Write up today, Mr Cheema. Hitting £4.50 RR But the famous Warren Buffett quote, “It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price”, also rings in my ears.
- That’s why, as a long-term investor, if I had the spare cash, I’d buy some of its shares today. If management continues to execute as well as it has been, and there are no economic shocks, I can certainly see Rolls-Royce shares hitting £4.50 beyond 2024.
Motley Fools BUY. Write up today, Mr Chema. Hitting £4.50 RR
But the famous Warren Buffett quote, “It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price”, also rings in my ears.
That’s why, as a long-term investor, if I had the spare cash, I’d buy some of its shares today. If management continues to execute as well as it has been, and there are no economic shocks, I can certainly see Rolls-Royce shares hitting £4.50 beyond 2024.
Yeah RR Orders 🆙 So RR shares going shoot up. Undervaluations, Intrinsic Values, PEG Ratio, Billions Cashflow, Defensive & Civil Orders, SMR’s, RR Cost Cutting, Debt Paydown, RR New Management & Dividends Restart Coming. Whichever way you look at RR, this share is going to shoot up ‼️
Hi Joe, sorry “However” was an error word, should not have been there. The “Exponentially” meaning a ramp up in long run RR engine service revenues due to increasing numbers of engines in the air. So a more rapid ramp up due to Post CoVid demand for long distance airline travel. So thanks for picking this up and the two way conversation. Appreciate
What next for the Rolls-Royce share price?
RR chart by TradingView
The weekly chart shows that the RR stock price has been in a remarkable comeback. Recently, however, the stock has remained in a consolidation phase as investors reflect on this rally. It has remained above the 50-week and 200-week Exponential Moving Averages (EMA).
Therefore, as I predicted in December, I suspect that the shares have more upside, with the key level to watch being at 378.90p, the highest swing in June 2018. This price is about 27% above the current level.
Yes RR are working on an engine fix for better engine performance. However it’s also about a contract pricing issue. Emirates want to negotiate a lower price to pay on RR engine maintenance contracts. It’s a balancing act as RR needs more money to turnaround the whole of the RR company. As always a contracts deal will be struck to keep everyone happy!
What next for the Rolls-Royce share price?
RR chart by TradingView
The weekly chart shows that the RR stock price has been in a remarkable comeback. Recently, however, the stock has remained in a consolidation phase as investors reflect on this rally. It has remained above the 50-week and 200-week Exponential Moving Averages (EMA).
Therefore, as I predicted in December, I suspect that the shares have more upside, with the key level to watch being at 378.90p, the highest swing in June 2018. This price is about 27% above the current level.
I like it. Bank of America Analyst : According to BofA, Rolls-Royce is set to be the only original equipment manufacturer (OEM) to see engine flight times rise relative to 2019 quarter-on-quarter, however. This generates huge £2.3 Billions in Long Term RR Engine Service Agreements. This set to grow exponentially with more RR engines flying in the air !
Airbus Says Demand for wide-body jets was rebounding particularly sharply, he said, adding in a statement: "Travel is back and there is serious momentum". As we know RR engines preferred for Airbus Wide Body Planes !