Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Hey mate loads of free information out there. You just have to try find which works and which doesn’t. I don’t day trade cause I don’t have the time but I would also like to get into it at some stage. I know that a good few day traders have done Ricky Gutierrez course. You can look him up on YouTube he has a lot of videos about day trading and a good reputation I believe. Good luck
Hey dtrade I believe that is Relentless Resources Limited. Rolls Royce's ticker is RLLCF. Good luck
They didn’t decide against it. Investors of Rolls Royce told the BoD that they didn’t feel comfortable being diluted and wanted a RI to ensure they could maintain their position. Good luck
Just did a quick search on Singapore’s sovereign wealth fund;
GIC implemented a new investment framework in 2013 to give it more flexibility to focus on "investments that may be riskier in the short term but would generate returns in the long-term."
IMO RR will be volatile in the short term as there is so much uncertainty. Yes it may go to 100p but I am very confident that it will recover eventually.
GLA
Alexios,
Perhaps if you bother to read the RNS issued by the company on September 10th you would note that they stated a 35% discount compared to September 9th. You have also changed your close price from 220 to 200p which is strange. According to trading view the close was 140p which would make sense. Maybe I am wrong at the end of the day I am not invested in IAG so I don't fully know or care I'm just going off the facts I see but I also don't know why IAG would lie about its discount through an RNS maybe you can explain it to me?
The Directors are amazing at noting media speculation but perhaps they should make a decision on something soon LOL. Another pointless RNS….
According to the article only £500 million is allocated to wealth funds which would mean a RI is still needed.
Yes if you read the IAG RNS properly you will see that they offered a 35% discount not 60%.
I don’t think RR is short of liquidity I think they only need to raise funds atm in order to improve their credit rating so they can secure long term contracts This would also explain why they are trying to look at other funding options instead of just a RI
I presume private equity giants will be the businesses interested in ITP Aero
RR still is exploring options as stated by management twice last week they are engaging with sovereign wealth funds and exploring forms of debt issuance
I don’t think a RI is certain but if it were to happen I presume they would look for 1-1.5bn from investors and raise another 1bn through debt. That’s just my guess
I agree definitely strange especially when you look at buys in previous years. I won’t be adding to my position until management provide clarity
Sandbar asset management who have been building a short position have closed .20% of their short
Toff
Don’t come onto this board and start telling people that you hope they lose all of their money on an investment. Have some f*cking respect whether you are long or short. If you have something factual to say than say it. but wishing the worst for people because of their political views is mad especially when you don’t know their financial circumstances . I personally think Brexit is mad but RR would be in a difficult position whether Brexit was here or not.
Rolls Royce may not be at the bottom yet but back in 2008 nobody thought the banks would recover. There was a complete loss in investor confidence but most of them did 200-300% within a year. The same will happen for the travel sector it is not going to disappear global connectivity is needed. If you are on this board thinking that RR will never see 300p again than you are absolutely delusional. GLA
Ye pointless RNS. Management seem to be blissfully unaware that the longer they stall and create uncertainty the longer the SP will continue to fall. Rr has strong liquidity it needs to issue a bond and move on from this if they want more funding. I think a RI to raise anything over a 1-1.5bn would be crazy as there would be huge dilution.
They have published another state my re media speculation today
Interesting article perhaps a RI is the way froward for RR. It should help to get rid of the junk rating especially once ITP Aero and other assets are sold. It is important that RR has a good investment rating as it provides long term servicing contracts and it will not be able to win these contracts in the future if it has a junk rating. At the end of the day I am very confident that RR will not go bust. The government and airlines can't let that happen. I will be happy to hoover up discounted shares during a RI and Hold. GLA