Member Info for sheltie

Rolls-Royce shares passed 300p for the first time since July 2019.

The jet engine maker’s latest gains came after an upgrade from credit ratings agency Fitch.

Michael Hewson, chief market analyst at CMC Markets, said Fitch’s positive outlook could see Rolls consider resuming its dividend payments next year. Shares rose 2.6 per cent, or 7.8p, to 304.7p.

Source: The Daily Mail 13th December 2023

Wow 75p is sweet, well done. 🤩 I came in at just over £1 - so have no complaints. . . Have a good day! 🤪

Latest Technicals

Trading Resistance: £308.47

Resistance 1: £322.23

Resistance 2: £342.22

Indicators (of 27 in total)

Green (positive) 20

Red (negative) 4

Orange (neutral) 3

Technical Analysis: Accumulate

Source: Barclays Research Department: 13th December 2023

*****galore - good to see you here. i also dumped my darktrace shares (in total) and spent big on rolls royce. i am now up just over 105% (but not being complacent!), whereas darktrace is still just bumbling along, with the bumbling idiot, seemingly still punting his usual ramping, 888, dreamer drivel. he killed that board stone dead, as i knew he would. welcome to rolls royce (not sure when you bought of course) and good luck. pretty certain that you have bought very well here . . .atb 🤠

...."Rolls-Royce is cementing its status as a stock market darling following yet another upgrade from the City. Shares in the engine maker rose 2.6 per cent, or 7.6p, to 296.9p, their highest level since mid-2019.

The stock has gained more than 200 per cent this year, making it the best performing company in the FTSE 100 index. The rally marks a triumph for chief executive Tufan Erginbilgic, who took over in January.

At the time, he described Rolls as a ‘burning platform’ but has since led the company through a stellar turnaround in fortunes. This culminated with a bumper capital markets day last month that saw Erginbilgic raise the company’s profit targets. Analysts appear convinced that Rolls is heading in the right direction. In the latest boost, Citi upgraded its rating on the stock, hailing the company’s ‘very strong cash generation’ and ‘sustainable’ targets set out last month". End

Dazpink - sorry but just for clarity; it is you that is incorrect, not OakhamFlyer. It closed as above, at 289.30 up 1.08%. You just need to look for the UT and that is always the final close price. . .ATB

Tom, your post was a joy to read. No BS. No Ramping. No De-Ramping. Just a straight shooter, who is young and has made a ton of money for a person of your age. Brilliant. Wow, at your age, if being honest, I would mot have had the balls to invest, as you have done. Love it! Good Luck to you. . . . 😀

Don't worry folks, if this does retrace a bit from here. After all, slow growing trees make for strong trees, with deep roots. The faster the tree grows, the shallower and weaker the root system is. The latter then fall over in high winds! You get my drift I'm sure! The moral of this fable is, that we don't want this 'tree' to grow too fast, too soon! 😎

Loving this line: "Goldman Sachs analysts said: 'Investors are questioning whether expectations are too high. We do not think so.'".

What more can us Investors ask for? Have a great day holders....ATB

Https://www.thisismoney.co.uk/money/comment/article-12824401/MAGGIE-PAGANO-Turbo-Tufan-engineered-remarkable-turnaround-Rolls-Royce.

Https://www.thisismoney.co.uk/money/markets/article-12824947/Rolls-Royce-shares-trebled-year-hit-highest level since 2019

CityTTrader - Good Find. That is an astonishingly bullish thing to say, given how important a newspaper The Sunday Times is. Surely, he HAS to already know the outcome, to say something so bullish?? Just say RR were to win, what do we think it's worth on the share price in the short term? (Sensible, objective suggestions only please folks - no excitable nonsense!). An additional 50p in the short term (like two months from an announcement)? No idea myself to be honest. . . .

Not to many, who may be much less experienced. You didn't know this stuff once; myself included!! Just be kind, when others ask for a bit of assistance. No more from me now.

Nettles - a bit harsh.

"Unwinding Trade". It's basically when all the books are levelled off and settled for the day. When you see the letters UT, then that is the final close price. All the rest are active (or late posted) trades. ATB

276.70 is 100% the close price. Just look for the UT above (in Share Trades icon) and that's the definitive close price. Excellent week. ATB

Here is what I wrote on 20th November:- "My opinion is that Lloyds needs to issue a chunky 'Special Dividend' (it can easily afford to) in order to boost its share price; as nothing else is working"!!

....and here we are today, with that exact scenario now looking very likely to happen; and just look how fast the share price has reacted to the news.....Nice!

Nettles - very feasible, but as it's a Friday, it may come under pressure from people closing their positions for the weekend? Either way, it has been a blisteringly good week, so I personally won't be complaining, if it fails to close at £2.75p or above! ATB

Well, I hope all of you, also make 'small fortunes' here too! Good Luck...... ATB

Funny that, as I sold all of my IAG and bought more RR.

Wow! 😄

That has proven to be a brilliant (if rather flukey!) decision, in just seven weeks.

Folk are making small fortunes, owning Rolls Royce shares . . . 💰💵