Interesting response to a single unit failure, a single airline replacing parts - Sounds like an airline specific maintenance schedule issue to me, and not an endemic issue across all engines of that type. Suspect they will rebound tomorrow, I will see if I can get in early doors to pick up a few more at this price. Be nice to see £5.50 by XMAS.
Fortunately (depending on how you look at it) I split my investment between RR and IAG. So on RR, currently up 350%, but IAG down about 4%. I wouldn't be retiring on a full investment profit from the RR investment, but it would go a whole way towards an earlier decision. I am convinced there is life in IAG, but the boardroom silence is not helping, and some positive reports, and not messing about with Air Europa would definitely help the situation. Pay off debts, return a small dividend, and this could definitely fly - Probably not as much as RR though....
A lot of the tech companies have been trying to get in to RELX pants for years. So far they have held out, and only have some strategic agreements with a few. They certainly hold their crown jewels and content close to their chests, which is a good thing as they are very good at leveraging this across all of their business areas. Would take one hell of a large acquisition to buy out RELX. Can't see it happening, but you never know these days. (To be honest a shed load of Elsevier content is available on dodgy Chinese web sites through compromised/sold accounts, but thats the same with Taylor and Francis, and many of the other publishers as well).
Thanks appreciate the detailed update...
Anyone seen any news on the suspension and when we are likely to be back on the field of play? Seems like "crickets" to me at the moment. Will be in the middle of the Atlantic for the next couple of weeks so zero mobile signal, be nice to have a warm fuzzy feeling to go with...
Lets hope that this also involved giving Rolls Royce the contract to build the first Small Nuclear Reactors that will need to be connected to that electricity Grid by "National Grid" Happy days on all fronts for British companies (well those listed on the LSE anyway).
The only reason he would give it to another country is if he is trying to kiss ass with someone like the French and their Nuclear technology companies. My only concern is that he might do something like that to secure their cooperation in stopping the small boat problem we have (although I have a suspicion he might not see it as a problem). Not giving this contract - The go ahead with RR would be an absolute National Disgrace. As things stand and from my reading of the research and progress made, it's only really RR and possibly a very small consortium of US manufacturers who are anywhere near testing the technology in a safe, and planned way, with any real guarantees of success. Starmer better make the right decision on this one after his day 1 speech or he risks losing credibility in the first months of office.
Completely agree, an update or a holding position with a date for a date when they will provide an up date would be useful. Silence is worrying. and before anyone says anything I have a shed load of these shares, and I am sitting on a significant loss (Decent 2nd hand Porsche sized)
Hard to know how many have actually been scrapped as most sites which detail this are inconsistent. Most are mothballed in dry deserts somewhere, so no reason they can't come back in to service with some nice Fat RR engines under each wing, and start clocking up the miles again. Nice big fat reliable plane which is very safe, and very profitable when it's full.
Pretty sure that market leaks will price it in... You know how it goes. Suddenly the share price goes up for no reason, and then about 10 days later they make a positive announcement and nothing happens as those who were not supposed to know, did know, and priced it in through paying over the odds early, driving up the share price. The Fool, and other analysts will be about 3 months behind that in their commentary, some folks will react to that BS, and buy in, only to make a loss as the share progressively drifts until other news is released.. Hi folks it's cynical Monday btw!
And unlike some content providers they haven't sold their soul to the big tech companies so they can trawl their crown jewels using AI.....
Typo - That should have been 160 shares... 260 - I wish...
People taking profits. That's how the market works with a growth share with no dividend. I sold at the trading start, and just bought back in. Effectively gave me an additional 260 shares for the same money. May do the same if the market looks right.
Voted, only got 75000 shares, but for what its worth I agreed with the resolutions via ii.
Not wanting to start an argument but 1. How is Starmer going to afford the nationalization of the Utility companies - the cupboards are bare, and it's you or me and our taxes that will pay for that, and 2. It's worth remembering how inefficient the Utility services were when they were run by local govt organizations in the past, I know as I started in the gas industry in the 80's and they couldn't punch their way out of a paper bag. Stricter regulation and a cap on profits and mandated investment is whats required, not nationalization...
Enrichment - Some might use another description.... Vote them out ASAP, get Callum back in, make a statement about the direction of the company, and shift from disposables PDQ. Thats the only way the price will go up in the current climate, and even then it's going to take a long time to recover to where I need it to be. Hope it recovers sufficiently before one of the big boys comes in and buys it outright as part of a portfolio to shift away from reliance on tobacco.
Sometimes transactions hit the books outside of hours. It happens...
Whilst the market for Nicotine vapes is pretty saturated, an offering that weans addicts towards zero nicotine might not be a bad shout... I know I could do with it as my JUUL consumption is getting a little worrying...
Shares do go up and down, sometimes with no news, that's the market for you, it's easily manipulated by those with far more collateral than me. Still 300% up on what I paid for them, the ultimate carpet bag of my dealing career so far so happy days.... 16000 little bags of gold. For what it's worth I see £5.00 a share by the end of September as a key target, I don't think that is an unreasonable goal with the likely airline pickups over the summer, any other news on SMRs is just a bonus.
Looks like this dog of a share is still dying a death.... About as attractive as a village pond after a sewage spill... IMHO - DYOR... Wonder where Louis is having dinner tonight, some 5 star hotel with a nice view and warm temperatures I daresay...