Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
For the Telegraph, sadly - although not unexpected I guess:
"The leaders of British Airways, easyJet and Virgin Atlantic will issue a mayday call to Treasury mandarins this week as Plan B restrictions reignite fears over the airline industry's finances.
The chief executives of the carriers are scheduled to meet Whitehall officials on Monday to make their case for an extension in the Government’s pandemic loan schemes, the Telegraph has learnt. The taxpayer-backed lending is currently scheduled to end next year. "
Ouch - I see IAG, Easy & Virgin are off to see the government for some money on Monday. What do RR get?
Does anyone here have knowledge of the nuclear regulation process for the SMRs. I had assumed that the 4 year process (yet to start) would just approve the approach/design/organisations - but it looks as though they might produce a mock up?"The project will support the development of SMRs in the UK, with Sheffield Forgemasters able to supply the complex, nuclear-grade demonstrator forgings as part of the regulatory process. These important components will benefit from the decades of experience Sheffield Forgemasters has built up."
I bet the gate receipts at the tourist attritions you run are interesting, 15m more people came in than left today!
Oh you are thick AND angry it seems TB.
No - of course I don't think it will be 175 - I can't predict the share price, nobody can. It was a reasonable call a month ago, when we were at 150.
I actually posted the date that SMR funding news was coming first, and I have also tried to post about the next bit of SMR news - although that got misinterpreted even though it is fact. So I can keep the news to myself and leave the board to you reposting inaccurate data as you don't know what you are doing!
Ok, fair enough JTT - I was being light on the detail to keep it simple.
Plus - FTSE 100 companies use SETS not market makers. Anyway, point being people should not believe these free data feeds.
Market makers provide the liquidity JTT, but they don't hold large stock for long - its too risky and they would be wiped out.
Still, if you want to think some market maker is sat on 15M of RR stock overnight, then that just makes me laugh.
Vol. Sold 11,803,254
Sold Value £14,656,404.08
Vol. Bought 26,059,304
Bought Value £32,381,713.97
So, you are 100% that all the data on this site is accurate then, and even though there is a smaller number of sellers than buyers, the buyers are still able to magically purchase stock - plus the price goes down.
Seriously TomBeef? Amateur or what! Please stop posting this nonsense.
No its not - Tom Beef posts that rubbish on a monthly basis, it can never happen - buyers are always matched with sellers. I am surprised people on here think that is a possibility, hope you are not investing money in something you dont understand.
They never said that dividends would resume previously, they have only stated that they are unable (due to loan covenants) to resume until 2023. Frankly, I think that is a good thing, they are restructuring this business - and I want them to be strong when they decide to resume.
I think they previously said that to be cash flow positive they needed 80% of 2019 air travel levels, so they have done well to get it at these levels.
I'd like to know what they are doing with the proceeds of the business unit sales - paydown debt, fund SMRs?
I agree but Approximately 22 million shares sold today and Approximately 9 million shares bought?
You using a paid data service, or a free one?
There have been more sells than buys last Wednesday, Thursday and Friday.
That's not possible, you have to have a buyer and seller for each transaction
Ah ok Red_Inky fair enough. I was referring to the fact that we are in a 4 month process (approx) to see whether we can enter into the 4 year full approval process. Should hear something around March next year on that.
Well now they have the investment everything is in the table .
Not quite - we are awaiting approval for entry into the 4 year regulatory process. That's the next visible milestone.
that was yesterday - its open today
return to investment grade rating?
Am hoping an awesome announcement
It might be too early but am hopeful.
FTSE was 6930 in Oct 99, 22 years ago - nice to see its up a few points today
"the city" doesn't invest like a day trader, reacting to individual snippets of news. It is the institutional investors that count, and control vast amounts of money. This will only be invested when a clear path to growth is shown. This will mean trading statements and results showing positive free cash flow and increasing profits. They don't need to get in early and take risks - they arrive a bit later and capture the middle piece of growth. Possibly next annual results might trigger some to invest.
Pity the city don't think the same way, no matter what happens any airline news, long or short haul affects this share price.
Guessing the Qatar investment is just about ready to release then.