Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
On the whole, a very positive summary...
https://invezz.com/news/2023/01/02/rolls-royce-stock-price-forecast-2023-risks-and-opportunities/
For those that may have missed this...
https://www.flightglobal.com/helicopters/rolls-royce-lands-us-navy-order-for-28-osprey-engines/151478.article
You're very welcome Strike123. I pretty much drew the same conclusions as you. Very detailed insight to RR's financial position and anticipated financial position going into 2023 then 2024 using relatively conservative numbers. The article is useful to understand just what RR is about and praise for the author. This information is readily available to all but not JP Morgan it seems.
Apologies for those that have already read this article by Seeking Alpha which provides some important information...
https://seekingalpha.com/article/4562946-rolls-royce-returns-are-coming-finally
It almost certainly is down to JPM Badland. As we know, same thing happened last time. They know the SP will rise again so it's a case of rinse & repeat. They're doing their job earning their clients increased wealth on the back of RR and possibly others. If it works once it may work twice then three times and so on. RR are pretty useless at RNS's particularly positive ones but that's what I believe we need to attract investor confidence.
Just been reading an article by the respected Tom Stevenson of Fidelity International... apparently, there have been 25 rally years out of 30 on the run up to Xmas & New Year. Apparently also, there is some method behind this phenomenon. The question is, with everything that has happened in the world, will we get one this year? I'm not talking RR specific here but more generally speaking if you like (but not excluding RR of course) as I expect many posters on this board have more than just one stock interest. I suppose the question is, time to invest or time to divest? For the record I'm holding onto RR as it's my only growth stock in my ISA. The others are income payers if you know what I mean?
RR's share price has the potential to rocket even without a dividend plan that attracts institutional investors including pension schemes and the like. But, it needs to RNS any good news to give investors the confidence to err well, invest. Hoping it's rather like a bus, you wait ages and 3 come at once!
Hi STOCKBROKER, just to let you know that I was being facetious. Like you, I hate shorters and believe the practice should be outlawed. I really believe JP Morgan released their broker update on RR so that the SP would be negatively impacted. I don't think that should be allowed. (I said this at the time)
Cheers MrMath, really appreciate your reply. Thumbs up. I'm looking to sell some of my poor performing stock possibly after any Santa rally s to create cash which is why I was so interested to learn what you've done. I'm similar to you if truth be told and play the market much more cautiously these days. Looking to increase my holding in LGEN over the next 2years as an income play and as part of my retirement strategy. Cheers again and good luck.
Yep, I agree Whateva. I think I've seen sufficient recently to believe the SP (and of course our investment) will climb if not soar on any future good news coming out of China. Perhaps it will deliver after all the returns I expected when first buying in. Time will tell of course, it always does!