I haven't based my purchases of RR shares on any SMR success if truth be told as I believe there is more than enough in the pipeline to justify my original investments. It might take a couple or even a few years to fully materialise it's true potential and make a great return but boy, if the SMR's do come off this really would be the icing on the make!
Even though it's still languishing in the doldrums it's been a much better day today for the SP. For those of the many posters (not) on this board, the WWH October overview is a good watch. The CEO speaks with a great deal of bullish optimism. We'll see.
Really good summary offering some confidence & comfort particularly for current paper loss investors including myself:
https://www.ii.co.uk/analysis-commentary/ii-view-rolls-royces-three-week-rally-over-ii525872?utm_source=newsletter&utm_medium=email&utm_campaign=NEW-DLY-ENGAGE-afternoon_round_up_031122%20(1)&utm_content=newsletter&spMailingID=22505597&spUserID=NDYxMTEwNTYyNzUzS0&spJobID=2110484192&spReportId=MjExMDQ4NDE5MgS2
I remember the Beano & Dandy well. As a young boy I lived for reading those comics... and football of course.
Back to RR:
The following link succinctly sums up the RNS in an easy to read/understand fashion...
https://ukinvestormagazine.co.uk/rolls-royce-struggles-through-third-quarter-and-pays-down-debt/?mc_cid=2615321ac0&mc_eid=9fdc718078
My Opinion: It certainly appears RR will struggle to make any headway for the remainder of this year so SP might struggle to perform in any meaningful way. The latest 0.75bps rise will likely become a further headwind for (much needed) air miles as people prioritise paying their mortgages etc.etc. over holidays. China continues to be a Dennis the Menace which doesn't help but rather than become a Desperate Dan I would rather maintain steadfast patience until the SP eventually becomes a Billy Wizz. As it surely will.
Apologies if you've already seen this but we'll worth a read if you haven't:
https://ukdefencejournal.org.uk/rolls-royce-to-service-all-royal-navy-mtu-sets/
So much in the pipeline now it's hard to keep up!
https://www.gazettelive.co.uk/news/teesworks-running-200-job-rolls-25358765
Nearly there:
https://www.constructionnews.co.uk/civils/boost-for-rolls-royces-snowdonia-nuclear-plans-12-10-2022/
Lot's of headwinds that's for sure and while one cannot legislate for any wrongdoing of any kind, I believe the senior management team at LGEN have always come across as genuine and sincere. Hope that trust isn't misplaced but I for one have every faith in the team to do what's right by their shareholders.
For those that may have missed it:
https://www.rolls-royce.com/media/press-releases/2022/22-09-2022-rr-confirms-space-commitment-at-iac-paris.aspx
This stock, as suspected, continues to suffer more than most. It's almost as bad as Boohoo and that's saying something. I wrote in a previous post I think it might get 2yrs or so before it recovers. It needs to go up 60% before I break even! I might revise that to never! As always, naff all from the trust managers. Shameful. Yes, I'm a very frustrated investor. Anybody else?
Painful I know but if you can hang on until 2024 wide body aircraft and hence long haul flights should have significantly improved. This is where the bulk of revenue & profit comes from and thus it is at this point where I see the turnaround happening in earnest. Until then it's likely to be a topsy-turvy ride I'm afraid. To answer a number of previous posts in terms of the good news having a detrimental affect on SP... no amount of good news will increase the SP per se unless it is formally RNS'd. We haven't seen any positive RNS's from RR for a while which is why positive news doesn't always filter into the SP. The ITP sale will be RNS'd but as I and others have previously posted, this sale, complex as it maybe is certainly dragging it's feet. Lot's to look forward to with RR methinks but a good dollop of patience is needed for most, I suspect, to turn a profit.
There are plenty investors out there who try time the market. Few actually do so successfully including I hasten to add, myself! Many pundits do however forecast a recession and if one materialises then the SP will drop. But that's a waiting game and it may or may not happen. Patience as they say is a virtue and it may pay dividends. I prefer time in the markets these days and that's why, like robleo, I am in profit when it comes to LGEN and while others sit it out I and other current LGEN holders collect the handsome real dividends. In the end though each to their own.
Simply Wall St Article:
https://simplywall.st/stocks/gb/capital-goods/lse-rr./rolls-royce-holdings-shares/news/is-now-an-opportune-moment-to-examine-rolls-royce-holdings-p