Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
American Orders 260 Narrow Body, don this RR will benefit from this, perhaps RR need to enter the narrow body market.
American orders 260 new planes, says it will grow first class
https://www.cnbc.com/2024/03/04/american-airlines-orders-hundreds-of-new-planes.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Message
i don’t post a lot, thought i will this time.
perhaps i did stupid things too, 5 march 2021 i bought lseg at 92 invested 800k ( 8650 shares), i did not take a punts i did all the chart reading , calculations etc and numbers suggested it would cross 105, lost more than 20% after they announced it will cost them billions to integrate refinitive. i sold all lseg at 68 and bought rr at 1.10 ( 532209 shares) and sold rr 2.06 recovered and made 300+k profit, however if i would have waited for long i would have made more.
what i learnt : charts, calculation all that malarkey works but you can never predict the market.
i don’t intend to offend anyone here, but i can tell from experience it takes awfull lot of courage to admit and talk about ones short comings and failing. mostly people here talk about the profits they made how accurate they were etc, trust me every single one out here has made losses and burnt their fingers.
btw that **** lseg still did not cross 100 in 3 years, perhaps the 32 billion refinitiv deals hasn’t matured yet brexit did not help either. i still have lseg in my portfolio on the top, to remind me of my mistake everyday and to remind me that i never invest init again, my biggest loss till date.
Also Boeing 757-300 (753) runs on Rolls Royce Engine.
https://www.united.com/ual/en/us/fly/travel/inflight/aircraft/757-300.html
United Airlines reported a loss for the first three months of the year but forecast a profit for the second quarter, when the peak summer travel season picks up.
Total revenue: $11.43 billion versus expected $11.42 billion: Perhaps this should help RR tomorrow, travel industry looking to bounce back strongly.
United Airlines is planning to grow its service to Australia and New Zealand later this year, the carrier’s latest bet that travellers will continue to book international trips. - This should help RR too, as RR supplies wide Body engines used for Long haul flights.
The expansion to 66 weekly flights between the U.S. and the two countries amounts to a 40% increase in flights from last year, the carrier said Tuesday. The schedule also equates to about 75% more seats to those countries than the same season of 2019, United said.
The new schedule includes nonstop flights between San Francisco and Christchurch, New Zealand, on a Boeing 787-9 Dreamliner starting Dec. 1, and from Los Angeles to Auckland, New Zealand, on a 787-9 on Oct. 28. United is also building up service from both San Francisco and Los Angeles to Brisbane, Australia, and it is using its largest plane to fly between San Francisco and Melbourne, Australia.
Practical choice is F35A for long haul and fuel Efficiency, F35B is sophisticated with V/STOL. Lockheed sells more f35A compared to any other variants. I’m not pessimistic like the fuel gauge, don’t nt think this will boost RR to the levels we are expecting to see.
FireAnt: I’m under the same impression, Market needs a correction, If you follow the pattern we had recession every decade /80-81/ 90-91/99-2001/2008-09/2020-21. My analysis tell me that LSEG will go further down and it is the best opportunity to average down. To re-iterate LSEG is moving towards Data/Analytics Provider which is a massive shift and before we can see any benefits the management must put their act together with the take over of Refinitiv.
Thomson are offloading shares, so are directors and yesterday Qatar Holding reduced their exposure by 0.5%. ALL these indicators don’t work in favour of LSEG. IMHO i will wait for things to stabilise before putting any more money in LSEG perhaps until June.
From Thomson Reuters RNS :
On January 29, 2021, Thomson Reuters and private equity funds affiliated with Blackstone closed the sale of Refinitiv to LSEG in an all-share transaction. Thomson Reuters now indirectly owns LSEG shares through an entity that it jointly owns with Blackstone's consortium and a group of current and former Refinitiv senior management. On March 19, 2021, as permitted under a lock-up exception, Thomson Reuters sold approximately 10.1 million LSEG shares for pre-tax net proceeds of $994 million. Over the course of 2021, Thomson Reuters will pay approximately $225 million of tax on the sale of these shares and will use the after-tax proceeds to pay the approximately $640 million of taxes that became payable when the Refinitiv sale closed. As of May 3, 2021, Thomson Reuters indirectly owned approximately 72.4 million LSEG shares which had a market value of approximately $7.4 billion based on LSEG's closing share price on that day.
FireAnt : You wouldn’t feel comfortable for long if LSEG keeps going down at this rate. Well if brokers rating were to be trusted Rolls-Royce is worth 56-60p. An engineering Marvel trading in pennies. Like Trump says - FAKE news ….. lol
FireAnt: LSEG is 8th on the list of top 10 , It has been falling like house of cards for last 2 months. Would i buy more ‘NO’ would I trade on a 100-200 points everyday - YES. Perhaps 70 is the correct value for LSEG. Till I see positive outlook on LSEG it is just a matter of blocking your money. Again depends how you look at it Long term or Short Term.
1) New York Stock Exchange (NYSE), US
2) NASDAQ, United States
3) Shanghai Stock Exchange (SSE), China
4) Honk Kong Stock Exchange (SEHK)
5) Japan Stock Exchange (JPX)
6) Shenzhen Stock Exchange (SZSE), China
7) EURONEXT, Europe
8) LSE Group, UK and Italy
9) National Stock Exchange (NSE), India
10) Toronto Stock Exchange, Canada
Stevie: I don’t know what you going on about, Apendragon and I are having a healthy conversation about LSEG and future prospects and how they are dealing with this acquisition. If you go back and read my post I mention LSEG is worth £115 this year if they can get the benefits out of refinitiv and then you come along and talk about Buffett and Munger and SP and value. Speech is silver but Silence is golden.
Have a great weekend.
I’m referring to Charlie Munger I don’t know who you referring to Stevie. Pocket Money in early 1900 that must be something ludicrous. my dad is a commercial pilot and i just asked him if he had any pocket money, he gave me a weird look and said I had to travel 3 Kilometres to get education.
Stevie: I see that you talk about Buffet quite a lot, a wealthy person becoming more wealthy is no surprise. He has gone to Wharton Business school and Columbia Business School. I have high regards for that bloke but he did not make his money from Scratch. If you have some of your own experience to share I’m more than willing to learn from you but if you are going to sing to the tunes of Buffett and Munger ( who worked for Buffett) I would rather read about them myself.
Amsterdam stock exchange has already overtook LSE in terms of total transactions wait till the EURO exchange clearing moves to EU (France/Germany) before $h1t hits the fan. Also I suggest check how much forex (EURO) clearing contributes to UK’s economy to understand the impact when it moves to EU. Needless to mention financial system was never part of BrExit Trade deal.
Euronext is a bigger stock exchange compared to LSE, LSEG Understood this impact so they bought Refinitv to establish themselves as data & analytics provider, but so far amalgamation of 2 businesses have been diabolical.
StevieWonder I’m not surprised you are looking after yourself and there is nothing wrong with it. You may have made your millions but you are absolutely wrong in saying management don’t run the market, they do and by building confidence in their product.
Apendragon : I agree on your statement regarding management. £8 billion were wiped out since March 5th and the management has done nothing, at least some press release to put investors at peace instead salary hikes absolute p1$$ take. On the other hand Apple awarded shares to Tim Cook worth millions with a caveat that the apple should hit certain profit targets.
Frankly I’m livid to see a FTSE 100 company lose 20% share value in a week. That’s just not acceptable.