Member Info for Phyl

https://news.yahoo.com/rolls-royce-nuclear-engine-could-181500999.html

Great find OHS! USKMOUTH - looks like there's life in the old dog yet! and I don't mean you!

PSK/ALL: As investors in this great British engineering company we tend to only think about our own individual short, medium and long term returns but this article demonstrates quite clearly the other side of the coin and that is, RR's own customers. When words such as last chance, dire, burning platforms are used, what do they think?. The new CEO's first job is to very quickly placate them now, not us. Meanwhile, from a personal perspective, I'm holding off building on my position with RR (as previously intended) as I'm not quite as confident as I was about RR's prospects particularly in the short to medium term and worry the SP will continue to slide until we hear more favourable comments from Turfan. Didn't think I'd be saying this anytime soon but there we are. For the record, I do continue to believe the the longer term prospects for RR remain excellent it's just that I'm unsure wether I'd be investing my hard earned just right now.

The vast majority of my posts have been positive but recently we've witnessed a number of negative editorials so, in the interests of balance, here's another (Leeham news) jumping on the negative bandwagon...

https://leehamnews.com/2023/01/31/pontifications-new-rolls-royce-ceo-paints-a-dire-picture-all-scenarios-on-table-at-airbus/

A very interesting read...

https://www.techspot.com/news/97435-rolls-royce-teases-small-nuclear-reactor-space-travel.html

It's going to take up to a year before we find another CEO and even then, Sir Nigel has agreed to see through a seemless transition. I can only imagine the process it'll take. Despite him overseeing positive changes during his tenure, I'm not sure this news warrantied a 6p per share drop this morning though?

Interesting choice of words from our new CEO. Like me, he's probably just finished watching the last episode of "The Rig". A burning platform is not a pleasant sight especially if you're trapped on one! Nor invested in one! Perhaps his strategy is to release the bad news (as he can get away with it & Warren East wouldn't) so he can deliver the good news in Feb? Nevertheless, he must have known his choice of words would cause an adverse market reaction. Perhaps it's a ploy so he can mop up any available shares! Despite comments made by the new CEO, I believe, strongly, that RR have turned a corner but the road ahead may well be rocky, particularly in the short term which opens the door (for those minded) to trade, trade and do some more trading. In the meantime, I can't see any further contracts being signed off (at any cost) unless they are guaranteed to be profitable and in line with it's peers. Our new CEO will know from his BP days, it's all about selling the black stuff for a ruddy good profit. That way, we all win.

Of Tomaaa's post earlier:

https://www.marketwatch.com/story/supply-chain-issues-will-weigh-on-airbus-and-boeing-deliveries-this-year-rolls-royce-will-benefit-says-deutsche-bank-11674726192

https://www.ii.co.uk/analysis-commentary/rolls-royce-new-target-price-and-why-shares-are-buy-ii526715?utm_source=newsletter&utm_medium=email&utm_campaign=NEW-DLY-ENGAGE-afternoon_round_up_260123%20(1)&utm_content=newsletter&spMailingID=24004276&spUserID=NDYxMTEwNTYyNzUzS0&spJobID=2155485048&spReportId=MjE1NTQ4NTA0OAS2

And that's saying something!

Great find OHS.

* correction: 2029

Whilst my investment in RR are for reasons other than SMR I came across this update which you might find interesting/informative...

https://www.newcivilengineer.com/latest/rolls-royce-smr-explores-oldbury-and-berkeley-sites-as-options-for-small-nuclear-plants-17-01-2023/

Looks like RR have targeted 2929 for deployment.

Completely agree Robleo. Fingers crossed for a wealthier 2023! I see you also hold RR as of course, I do!

Hi Rob, cheers for your response. We're certainly living in precarious times so small wonder you're not overly confident about the UK divi situation. I think the LGEN divi should be ok as it's a very diverse business although it does have a property portfolio so those values may suffer in the short term. I guess time will tell. Sorry you've lost out on other investments mate. Hold tight for the ride

Just this moment topped up by a further 2800 shares!

Hi Robleo, not sure LGEN will scrap or even reduce their dividend payments? What do others think?

Morning all LGEN investors. Yes, the SP fall today is almost certainly due to the news that Direct Line have suspended their final dividend due to unprecedented weather related claims. Please see link below FYI...

https://news.sky.com/story/major-shock-to-the-market-as-insurer-direct-line-scraps-dividend-following-flood-of-claims-12784120

Not sure the LGEN SP drop is entirely justified. I wonder if the LGEN board will make an RNS announcement in light of what's happened with Direct Line just to reassure their shareholders which we know they hold in high regard?

https://www.world-nuclear-news.org/Articles/Copenhagen-Atomics-puts-forward-SMR-design-for-UK

II seem to think they can...

https://www.ii.co.uk/analysis-commentary/why-rolls-royce-shares-can-rally-25-2023-ii526458?utm_source=newsletter&utm_medium=email&utm_campaign=NEW-WKLY-ENGAGE-weekend_round_up_070123%20(1)&utm_content=newsletter&spMailingID=23647026&spUserID=NDYxMTEwNTYyNzUzS0&spJobID=2151221881&spReportId=MjE1MTIyMTg4MQS2