Member Info for sheltie

It's struggling to get past 'Resistance 1' which is at 304.97. If it can do this, and stay above this figure, then next up is 'Resistance 2' at 314.77. If not then it's back to the 'Trading Resistance' which is back at 298.33. We will just have to watch and wait.

Let alone keep putting the name in the Subject Header. This board is about Rolls Royce not an individual. Good Grief. Filter this person and move on. . . PLEASE

Again more fool you, for not having filtered it. We see none of those posts, so don't then clutter this board up with replies, that subsequently encourage yet more green boxes to appear. And so the cycle continues all day. YAWN. Be smart and don't feed the narcissist. . .

Charley151107 - you 100% have to accept that this (£3) is a major hurdle and that RR will not simply skip down the road to £3.50 that easily. It's only early January! See where we are in June :)

You're right Nettles. It's not a 'safety thing' - it's a 'Business Class' thing!!! 🤣 🤣

Anybody frustrated has ONLY themselves to blame.....it's called the Filter Button (see above).

Barclays only put its Target Price up from £2.39 to £2.70 in October 2023. So in just three months, it has virtually doubled its previous TP. "Confident they are" as Yoda might say.

Ditto LetsGo84 let's keep it civil, so just filter those posts - and certainly don't clog the board up with the personal stuff. No idea why people don't filter it, then you won't get wound up. Crazy! Nobody really cares ,so let's keep it RR focused. . .

Even better robdon why don't you just filter it; then we don't all have to keep seeing needless replies/threads all day long! Just ignore or filter - for all our sanity! ATB

City is that news from Barclays, as of today? Nice read to start the week . . .

Nettles absolutely. The word 'organic' is key for me here and I wrote that very same word last week. RR has many organic pathways that it can still exploit. The SMR avenue is one of them and I will wait for a formal RNS or general press release before I take it as a given myself (no offence!). But I fully expect to be held here (+/-10p) for January, but we shall see! February onwards and things 'should' turn more positive and pick up the pace. For now though, RR is still busy digesting those mince pies and Christmas Cake! 🤣 🤣 ATB

So please feel free to continue with it, rather than the J one . . .

Blimey, I have just looked in here out of interest and I cannot believe that you guys are still here! I gave up with all the 'jam tomorrow' commentary here (CR888!), took my £9,000 loss from selling my DT shares last year and put it all into Rolls Royce. I'm now up just shy of £40,000. Sometimes, you just need to be honest with yourself, suck it up, take the hit, move on and re-coup your losses elsewhere. Shares in this company are doomed. Move on, or you'll never get to buy that Porsche! And it ain't gonna get taken over either - Zero chance. 😃

See you all next week. Enjoy your weekend, should you be getting one. . .

I agree marketduster. Anyone being derogatory, personal or seen to be deliberately winding others up here, will be deleted swiftly; which has to be a good thing. . .

Can the rally be sustained?

"The developments have prompted many investment banks increase their share price target for Rolls-Royce to 400p. These include J.P. Morgan, Deutsche Bank and UBS. Goldman Sachs, which has a price target of 370p, notes: "Investors are questioning whether expectations are too high. We do not think so."

Neither do I. The worse does appear to be over for Rolls-Royce and its product offering remains compelling. But a certain level of caution is merited.

For instance, the company's post-Covid civil aerospace business order books may be bulging but it won't fully shake off the Covid downturn until Q4 2024. Its headline recovery could be even later if consumer confidence takes a hit in the current high interest rate climate and people spend less on airfares. That's why near-term share price gains will likely be limited beyond 300p.

Rolls-Royce is also still verging on a negative equity position, i.e. its liabilities outweigh its assets. So, while I expect a post-pandemic "re-starter" dividend at some point, it is highly doubtful this will be offered before the end of 2024 either.

All-in-all, another 200% uptick (or a climb to 900p levels) appears unlikely for Rolls-Royce in 2024. However, gains achieved over the past 12 months will likely be sustained and built upon, albeit modestly" . . End

Source: Mr Gaurav Sharma

UK Based Energy Analyst & Business News Editor - Forbes

Fair enough! BUT I still do not think that any FTSE 100 CEO should be dropping that kind of information into an interview, without backing it up, one way or another. It could potentially be misconstrued as 'pumping' the share price a tad!! Only my opinion of course!

Hello PEAKDREAD - In my opinion, he was rather naive to have even mentioned it at all, prior to a RNS being posted. NOT his best move; but we all make mistakes! But yes, it would be nice to know wouldn't it?! ATB

Etank - your post will be fine. But if you mention people personally, even obliquely, then you will probably have your post deleted from here on. Rightly so. Stick to RR, don't be personal and you will be fine. Exactly as it should be for an 'adult' board! ATB

OakhamFlyer - did you not read the memo from yesterday? We're not discussing that poster anymore; or using the name in subject headers, so please only discuss RR as that's the sole purpose of this board. Let's keep it 'impersonal' or we will certainly lose some pretty knowledgeable/useful posters here. . . Thanks.