Member Info for SPC32

Probably get an update from Amit to say that we will be paid in concrete.

RR seems to need continuous good news just to stay still, there were no shocks or surprises in today’s RNS but there’s a 5-6% drop with potentially more this afternoon on US open.

Hopefully it stabilises as we have witnessed in the past that downward momentum for this share can be ridiculous.

He also has a proven track record of telling lies.

Unfortunately I believe an investor did take his own life and from what I understand Cloudtag played a big part in the circumstances that led to this. Think he was once an LSE member and also on Twitter.

I’m half expecting a Jiffy bag full of Monopoly money if there were ever to be any sort of payout.

RR also had circa 10,000 extra salaries to pay back then.

"He executes — if he says he’s going to do something, he’ll get it done. As an individual, he’s not hugely likeable. He’s not the guy you’re going to have a drink with after work … He’s not nuanced and he’s not subtle. He’s very direct and he’s largely intolerant of mediocre performance."

That will do for me, exactly what's needed at this time IMO.

It adds: “Given the improved cash performance, and recovering end market outlook now we see a clearer path to deleverage the balance sheet and see Rolls reinstating dividends in 2024 with about 1p a share.”

Source: https://www.ii.co.uk/analysis-commentary/why-analyst-rates-rolls-royce-and-next-shares-buy-ii527091

I don't think most people have a particular opinion on jet engines.

Very much possible, I thought 1.35 but after watching the price action in the last hour I reckon it could now hit 1.50 this afternoon.

Depends how much influence US market has, if it's positive then there's no reason it cant hit 135, anything 130+ is a good day given where we were yesterday and have been over the last year.

just hit 132

130 broken

85.1% for me.

Results are out, I suppose we'll find out in less than an hour what the market thinks of them.

To be fair, there's as much evidence of Amit on his yacht with champagne as there is of a sale so it could go either way.

You were right the first time.

I think that he wanted a reaction from the workforce and was willing to accept a short term hit on the share price to get it, he won't be judged now for performance to he may as well get the hit out of the way but I believe that after 6 months, investors will want to see results. I don't believe Tufan is here for the long haul, I expect 2/3 years to ruthlessly turn it around and then walk away.

I believe Tufan knew exactly what he was saying and how it would be received, he is looking for a reaction and he may as well be up front and blunt from the start as time is not on his side with regards to turning RR around.

Divi return was always likely to be at least 2024.