Member Info for saigonsally

No it is not acceptable. The clowns that are driving this company into the ground need to be evicted by force and the assets sold to the highest bidder if there be any. I detest this company and the utterly useless managment. How they have failed to tap into a single successful business seam in the last 10 years I fail to comprehend. Utter utter w***ers

I anticpate taking up full rights but will leave it until the last minute in case of any stock market shenanigans. Remember BP October 1987 ;)

What a refreshing RNS that was. Clear and focused based on hard business and making money for the company and shareholders. Not a word of **** about inclusivity, pride, global warming and all the other claptrap that so many companies feel obliged to "virtue" signal on. The only virtue in Turbofan's book is profit. Good man. British business has a lot to learn from RR.

That's all very well and a great RNS today but it sounds to me like the cherry on the jam on the cream of our scone a very long way down the line. How do we squeeze a little bit more market appreciation out of what we have. We won't all live another 40 years (although maybe thanks to NSCI we shall...?).

An excellent write up today.

https://www.telegraph.co.uk/business/2024/05/12/rolls-royce-tufan-erginbilgic-turnaround/

Concludes:

Talk of “burning platforms” is long gone. Instead, Erginbilgiç is talking up the prospects for future growth. The company is set to get a huge boost in defence from schemes such as the Aukus nuclear submarine programme and development of the Tempest fighter jet.

“If you step back, and think about the future we are creating for Rolls-Royce, the next phase will show our midterm targets are only a milestone.”

Rolls-Royce’s resident “hard man” adds: “The future is a lot better.”

Lord, excellent questions and absolutely they deserve an answer. Otherwise I shall suggest Tom Winnifrith puts Opti on his danger list rather than his tips list...

No, you're not being greedy. It was massively undervalued when we bought in. Like the other posters I too am looking for >£6

What a nice way to end the week! It reminds me of the good old days back in 2010-2015 when we often ended a week with a litle surge like this. And whereas in October 2022 we needed a five-fold increase we now only need to double. Highly achievable. GLA.

SS AKA HCMS

Bankrupty, how right you are. Here we are with a market cap of a measly £3.45m. I am amazed that no bigger company has not started to build a stake.

Sullys, yes this is very true, £1 increases should become more frequent the higher we go...

Https://archive.ph/FMv3M

well considered and balanced article. Makes a bid seem not such a bad idea.

So many good, positive and balanced posts today which to my mind demonstrates the very high regard in which pi's hold this company and their investments therein. I, for one, count this as my second biggest investment and tempted as I am to top up under 5p would prefer to pay a higher price upon receiving positive "news", ie not just a glossy video.

From this morning's Torygraph (not that there are any Tories any longer)

8:13AM

Anglo American shares jump as Glencore eyes bid

UK-listed miner Anglo American jumped in early trading amid reports that Glencore is considering a takeover approach.

Anglo American shares gained 4pc amid speculation of a bidding war for the De Beers owner, which rejected a £31.1bn takeover approach from BHP last month.

Glencore has held internal discussions about a bid, which are preliminary at this stage and may not result in an approach, according to Reuters.

Jatw, yes indeed. What happenend in London and the US on Friday left me puzzled. Thank goodness sanity has been restored.

I understand the sentiment but I hope they have the patience (and the patients)

Is my chronology correct here:

This morning up 2% in London

Positive RNS released in USA

London down 5%?

Only asking, as it seems unusually perverse even for this company...

Looking a bit more positive of late which is most encouraging. From here it only needs to double....

Thank you PP.

SS

From the Silver Institute report:

"Overall, silver demand exceeded silver supply in 2023 for the third consecutive year, resulting in a structural market deficit of 184.3 Moz."

Can someone explain to a thicky how this is possible. In A level economics I was taught demand always equals supply (as in demand is what is actually bought rather than some fantasy notion of what I wish I had)

Yes, I bought in earlier this year swayed by his forecasts of it being a multi bagger in 2024. But as somone said he is better at shorts than longs