Member Info for Phyl

Yep, different company. Coincidentally, the last press release from RR on the sale of ITP took place on the 27th September, 2021. Approaching 12 months. No further updates in so far as I'm aware. This is, however, a very complex sale but nevertheless I would expect the half yearly to include some form of update.

https://www.rolls-royce.com/media/press-releases/2021/27-09-2021-rr-signs-agreement-to-sell-itp-aero.aspx

Worth a quick read...

https://invezz.com/news/2022/08/01/rolls-royce-share-price-forecast-ahead-of-half-year-results/

Anyone following RR even for a relatively short period of time will know this is a highly volatile stock borne out of it's relationship with covid and lack of market sentiment not to mention the mad world we live in. Kinetic Capital are continuing to hold their short position at 0.53%. Never a good sign... just ask a Boohoo investor. There has and continues to be downward pressure on the SP and it's not likely to become less so unless the update on Thursday exceeds all expectations. There is a good chance it could do of course. (I'm keeping my own fingers crossed) However, such is the market sentiment right now none of us should be surprised by the market reaction. I'm a medium to longer term investor so more minded to sit it out such is my bullish view on RR as I've mentioned before. For shorter term investors I'd be slightly more concerned all the good news we've heard particularly over the last number of weeks is all good n positive. However, absolutely none of this good news has been translated into one or more RNS's. The markets don't like uncertainty such as: will the ITP sale go through? Will all these orders be honored? We think it/they will but there's no money in the bank yet. The markets want certainty, they want to see the colour of the money. They want to see growth and they want to see profits rolling in with a clearly defined programme for their continuation. The omens are good. Really good. But they and us need to see a series of RNS's over time that are delivering the goods. RR have shown us very little so far and that's why the SP isn't truly performing on a short term basis. Is that about to change on Thursday I wonder?

Down yet again... can't understand why this stock cannot for the life of me gain traction? It's supposed to be quite a defensive trust. It's anything but. No rhyme nor reason for the continuing falls.

Sigh... I can only dream of numbers like these! When I see 666 in a row it reminds me of the film The Omen. Let's hope this is a good omen!

Once the money hits the balance sheet it becomes a hard fact. The markets will like it and should act as appropriate.

Message to the new CEO:

As an investor the only "strategic clarity" I need to know is how you intend to pay down that debt to a point where it becomes much more manageable or sustainable and in what time frame? I for one have no patience for wishy washy throw away comments without backing them up with real substance.

There is a lot of rhetoric on this board. The SP will be this and the SP will be that. It may well be but in my opinion if the SP is to gain any meaninfull traction in the short to medium term RR need to RNS it's good news into revenue growth & profit as the markets are only interested in hard facts. Otherwise, they take any so called good news with a pinch of salt. (for those wondering why all the good news isn't translating into the SP) This Thursday should be really interesting. I think I speak for many of us: We're expecting good news, very good news.

Morning Moneyboy5000/all. In answer to your question, I think it very much depends on your strategy & time horizon. I'm a medium to long term holder and by that I mean a minimum of 3yrs+. I'm currently building my stake in RR by using any dips under my average to buy as I I remain extremely bullish on the SP in this time-frame. I also believe there is a strong possibility RR will re-commence paying a dividend while any number of pipeline initiatives will bear fruit. There are plenty of em! In the meantime, there are any number of day traders on this board just waiting for the SP to drop then sell on any spike. Rinse & repeat. Nothing wrong in that and each to their own but this won't be helping with the continuing volatility we are currently experiencing. If your time-scale is more akin to short to medium term then there are a number of down-ward forces to overcome including most importantly, RR's own financial targets. It simply needs to hit if not exceed expectations in this regard. Disruption to airports where we are seeing 1000's of flights being cancelled needs to settle. We need to see flights resuming and getting back to normality as quickly as possible the world over including China which remains a key market for us. The RR SMT need a plan to reduce the £7bn+ debt pile and this needs to be their major priority notwithstanding the ITP sale whenever that takes place as it's been dragging on. Valuations are quite high and there are shorters (monkey's on a shoulder I call them) at play and the sooner the monkey's jump off the better. To summarise: Short term volatility likely to continue but in the medium-long term I believe RR as a great British engineering giant will rise like a phoenix and those that hold on will be the one's that truly prosper. I hope you find this to be a measured view entirely of my own opinion. I'm sure there will be plenty other views to consider.

Sounds like a very good strategy to me. I'm heavily underwater here as I suspect many are but maybe too shy to post on here hence JCGI being one of the quieter boards. I've had some success averaging down over the past couple of years but reticent in this case but, like you, feel this fund could bounce on better news. Whenever that is!

It's roughly 4% at the moment. Historically very poor rates but definitely improving.

SD235: I'm keeping a watchful eye on annuities as I think they could go up even further in the next few months as the BOE consider increasing interest rates as a tool to curb rising inflation. This would be good for annuity rates. Just my opinion.

Hi Whateva, SP down a further 5% so far today and on top of further decline this week. My gut tells me to buy more now to average down as there's bound to be a recovery at some point but my head's telling me not to be so foolish! Not sure why we're paying these fund managers?

Without doubt debt is a watch out. The ITP sale would have definitely made a significant hole but this looks ever likely to be further on down the track. It wasn't an easy buy in the first place and looks like it might be an even more difficult or complex to sell as there is, in essence, more than one buyer. We'll see how that one pans out in the fullness of time. At the very least I would expect some form of update on this next week. The RR board will be well aware it has a duty to keep us fully informed. Does the failure to sell off ITP somehow mean the business is is wading deep in the brown stuff? I think it could have been but the ever increasing air traffic will surely help boost the coffers to offset the interest payments. Furthermore, the loans themselves will almost certainly have been negotiated at preferential terms. Debt us therefore a concern to RR and just as importantly, to us investors but it's unlikely to be an insurmountable one.

I've heard a lot of what I believe, twaddle about our incoming CEO. Ok, might not be the most inspirational thing we've ever heard but he's been brought in as a captain to steady the ship. I very much doubt he's been brought in to make a few savings here n there. Warren East has already done that shedding circa a 1/3rd of the workforce. Rather instead to carry through a remit and that will be to continue along the current flight path as there's such an awful lot in the pipeline that desperately needs to be delivered... this is my view for what it's worth and each to their own.

On a personal note, I have used the drops in SP to build my own stake and will continue to do so. I'm well under water but am I concerned the company will go bust? Am I concerned we have an incoming CEO as a dud?... Not on your nettle!

Warren will definitely want to leave his position with Rolls Royce on a high... and by that I don't mean aboard an aircraft powered by RR engines.

Following the Farnborough air show where we have read in various articles nothing but positivity, I for one, would like to see an RNS or a series of RNS's to put everything we've heard on a more formal footing. This would surely help allay the fears of any remaining doubters and help boost confidence of existing investors.

NB: headline was meant to say " A read & watch link".

Anyway, hope you find it as interesting as I did.

NB: Headline: "A read & watch link"

Hope you find it as interesting as I did.

High Mach could well lead to a High 5 for investors...

Enjoy!

https://ukdefencejournal.org.uk/britain-to-build-experimental-hypersonic-air-vehicle/

The "Tempest" collaboration and "SMR'" projects will not only go some way to ensuring the future proofing of RR itself but perhaps just as importantly to us longer term investors, increasing it's profits Yr on Yr and are the reasons a number of us on this board are so optimistic about the capital growth of the business and why we truly belive the SP can reach values of £3 a pop or more given patience & time. There are of course very real shorter term (hopefully) headwinds including profit concerns this year & much discussed debt. The latter (£5bn) offset somewhat by the imminent £2bn sale of ITP but these should easily give way to the tailwinds such is the level of pipeline activity & positivity. Exciting times me thinks.

Good article.

92p still holding firm as Mike indicated. If this is our new resistance point then the closer to it any new investor or indeed existing one looking to increase holding (as I do) the better? Same or alternative views very much appreciated notwithstanding anything can happen in the next half hour! (Stingray for those of a certain age)