Member Info for Phyl

For those that may have missed the press release relating to Orpheus. Another potential winner from the engineering team at RR:

https://www.rolls-royce.com/media/press-releases/2022/18-07-2022-rr-unveils-radical-new-approach-to-gas-turbine-development-with-orpheus-demonstrator.aspx

Apologies to those that have already seen this.

Cheers marketduster & others for your updates. All very encouraging for ghe future good of the company...and it's share price!

marketduster: in essence, can you share what he's saying?

I've been in & out of LGEN for years. Currently in and reasonably heavy for me. Whilst I cannot profess to understand where the SP should or shouldn't be I've always found this stock to be, whilst unspectacular, a safe haven particularly in times of higher than average volatility. It's a sort of hedge versus inflation albeit some may disagree with us AIMOilking and one should always do their own research before committing their hard earned. I'm currently underwater albeit by just a few % points but you just know it will get to where you reasonably expect it to be. Just a question of time & patience while in the meantime, it's as safe a bet as any dividend payer. The board are committed to driving ghe dividend forward and that's a good sign I believe.

Dow lost 225 points today which relates to a 0.69% drop based on earnings season. Apple tightening labour suggests there is no end in sight in terms of volatility and potential recession remains high. The ftse had a good day today but might be a correction tomorrow? If RR does fall it could very well present a buying opportunity for some? Time, as always, will tell.

*correction: should read £3 a pop. Even better!

Since my last post we've enjoyed somewhat a turnaround in fortunes. Up by circa £2 a pop. I'm still heavily under water here but hopefully the renaissance will continue.

Hi Whateva, completely agree. Bad week last week for all matters China due to new Covid variant & further lock-downs. Can't go on forever though. Seen enough up to then to suggest JCGI can become a recovery play and might even look at nakung another investment here to help average down my Jon too insignificant losses... something I hadn't envisaged doing a short while ago!

Completely agree with your post ref JPM convb but can't help believe there was an ulterior motive to their so called 70p downgrade. Shame on them.

Another interesting article... let's hope it helps turbocharge the SP!

https://newatlas.com/aircraft/rolls-royce-evtol-turbogenerator/

Cheers for your response Alas_Smith. I respect your view & in many ways sympathise with it. However, the continued downward trajectory of this stock beggars belief and is amongst the worse performing stocks I hold. I invested here as part of my portfolio diversification and af you say, good company holdings. I fear the situation will get worse before it gets better but believe it might take much more than 2yrs before it recovers to neutral. I truly hope I'm wrong and your right! In the meantime, it's a case of hang on to your shirt tails! It would be good to share knowledge, views with you regarding MTU with you/others on a more regular basis if interested as this is one of the more quieter boards. Probably due to investors crying in their milk!

What we are seeing is a sheer capitulation of the share price here. Feels like an uninvestable stock. I'm 60% down and have no faith in averaging down on a stock I no longer have any confidence in. MTU are not alone as I do wonder whether or not this market is invest worthy during these troubled & volatile times? Anyone out there with an alternative view?

https://www.reuters.com/business/aerospace-defense/rolls-royce-playing-long-game-787-with-final-fix-delayed-2022-07-07/

This article is an interesting read for anyone out there considering Rolls Royce as an investment opportunity:

https://www.cmcmarkets.com/en-gb/opto/can-a-recovery-in-civil-aviation-help-rolls-royce-shares-take-flight

Sincerely hope this helps to contribute to any of your own research.

Please see link to what RR describe a considerable opportunity for the company.

https://simpleflying.com/rolls-royce-airbus-freightermarket-leverage/

Apologies to those that have already read the article.

Daily Telegraph running with this article: Rolls-Royce has warned Boris Johnson to give approval for its pioneering mini nuclear reactor project in the next six months or risk delaying a project vital to his green energy revolution.
My view: RR will undoubtedly want to provide some form of update following August's trading review hence the gentle push.

Sadly barnetpeter I must agree. I have been a long term admirer & supporter of SAE but even I must now accept (rather reluctantly) defeat. It wasn't that long ago some brokers putting a target price of £0.77p on these shares which were, back then, trading at circa £0.31p. Since then, Uskmouth became a white elephant and a period of rotten luck has seen 2 out of 3 turbines out of the water contributing to rising costs that are unmanageable. Monies derived from sell offs have only made a small dent in the debt pile. On a more positive note, they've found another use for Uskmouth that'll become one large battery. Meygen should recover somewhat but that debt is going to take some servicing. The current SP that is a tad over 1.5p is down circa 25% as I write. Current SP then priced to go bust? Hopefully, by closing bell it won't be as bad as this but nevertheless it'll take a brave man to invest here certainly for the long term if there is one. Sigh.

Hi Tom, you ask a very important not to mention pertinent question. What does one do with one's cash during these unprecedented times? It rather feels like we're caught between the devil & the deep blue sea. On one hand cash loses its value during inflationary periods (UK currently 7% & US 8%+) and on the other, it appears no matter what share, stock, trust or fund you invest in loses money almost instantly. It's a dilemma facing every investor. Tom Stevenson at Fidelity has recommended gold and in particular, Ninety One Gold. This may be one option. My average on LGEN is £2.66 so I'm very much underwater. But the one thing you can almost be assured of is LGEN's capacity to recover. You just know it'll come back at some point so I believe, investing in this company is as good as anything. At least there's a 7% annuslised dividend to look forward to with a BOD committed to increasing it Yr on Yr. Nobody knows if we have reached the bottom or indeed this is at bargain basement level right now but investing here shouldn't give you endless sleepless nights unlike some I could mention.

I'm not sure I believe in the word 'bargain" anymore. Much higher than expected Inflation data, both home & abroad, coupled with a gloomy outlook picture are ripping apart the financial markets. Hard to say therefore if the current SP is a bargain. Depends on one's short, medium & long term strategy I guess. It seems to me, this, along with the despicable war on Ukraine is amounting to what could be a perfect storm. Would anybody be surprised if we suffered the mother of all stock market crashes? Where would the SP be then? I'd like to think the LGEN share price is a bargain but I'm just not sure it is?

Yes, 245.7 as I write. US inflation data worse than predicted. Perhaps not the best news for us LGEN investors but many will now see this as a buying opportunity. Reminds me of an old Chinese proverb: " one man's meat is another man's poison ".