The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Don't know if you've already read this report. Interesting on the technicalities...
https://www.ft.com/content/b2cf6c9b-7a3e-4e95-b1bf-428ad8b1d7c3
Well, the end of the financial year is approaching and with the substantial increase in the SP during that period many of us will have gone beyond the £12k capital gains tax allowance in the process of selling. Seems puzzling that we pay 20% which is effectively a 20% fall in the SP when we sell. Next year the CG allowance is £6k and with the prospect of a substantial growth in the SP a further loss of 20% in tax would seem to discourage us from all this heartache in trying to make some money.
https://www.power-technology.com/news/newcleo-nuclear-reactors/
If the government fails RR then I think it would be possible for RR to make an agreement with some European country to build their factory there provided that country would order two or three SMRs.
????
https://research-centre.barclays.co.uk/shares/rolls-royce-holdings/technical-analysis/
People selling are simply playing safe and does not reflect any info on the company's status. The debt level has been known for quite a long time and there is no surprise there. So, tomorrow RR will likely state that a dividend will not appear for some time yet but we are heading in the right direction and so the SP, I would imagine will rise to a reasonable level given the circumstances. Don't panic.
This fall, so far today, is not a RR one but simply a market one. When you look at the percentage reductions, RR is not massively bad...
https://uk.investing.com/equities/united-kingdom