Member Info for SprintRS

On paper, SYN should be a no brainer...huge gas and condensate reserves with someone else paying to drill...what could be better? The reality has been blocked pipes, water ingress and a couple of barrels of oil per day..oh and gigantic salaries to our dear leaders.

Oh belive you me DVH they're all as bad as one another..every single AIM share I've touched is either massively down, nearly bankrupt or actually bankrupt. At this rate I'm going to have more nectar points than the value of one of my shares lol..AIM is a total cesspit and every single one has failed in one form or another. The saving grace for me has been RR I've nearly got back the losses here, Prem, Jubilee, Hemo, Sunda, Harvest...the list goes on. I've not sold any SYN but I'm not investing another red cent until I see some kind of progress.

Wow golly that was a long old read...I didn't get excited about any of it and see consultants back on the payroll...."Synergia have mandated upstream energy experts OPC to undertake a formal farm out process to identify a replacement for Harbour Energy"...will he please foxtrot Oscar with his bloody CCS folly until they're making money

They have a million quid..that should be enough for 3 or maybe 4 months...so June or pushing end July so something fantastic has to happen between now and the end of July...

This has gone the way of all of my AIM shares (please don't anyone tell me it's not an AIM share because it really really is) is there hope? i haven't sold but my holding has been totally decimated and i feel sorry for the really big PIs who are in this for many times my holding. I'm lucky that I've got Rolls-Royce..the gains there are getting close to covering my AIM misadventures including hemogenyx.

You've changed your tune GW

Hi Billy, seriously? making cars is an expensive proposition best left to the car manufacturers which is why RR sold to BMW in the first place

Tim..yes , we know there are 6.4 bn shares more and the total is 8.5bn each priced at £8 each...so what? RR are trading at a discount v their peers I expect the SP to climb higher you evidently don't..let's see who was right after say half year results in August

Hi Tim, the rights issue was Oct 2020 not in 2024 and the SP has gone up by 25 times since then sorry I'm missing your point

Why would anyone want to short RR?

Hi hotplate, only lower power engines used in agriculture and construction

I think you're best to ignore him Cev..he's obviously no idea what RR do...I see he posted 7th March "Unfortunately, the Rolls-Royce is not in the same league, has little impact on the UK economy"...golly gosh talk about a lack of research..RR export 80% of products to 150 countries and account for 2% of all UK exports. A veritable powerhouse far from "little impact" we must be amongst the biggest exporters in the country.

Very interesting NotZero..all peers overvalued compared to RR..I guess that said all peers have got top notch investment grade whereas we haven't but again that should improve over the medium term. As tempting as it is to sell I'm going to try my damdest to keep and add on dips if possible....5 years' time who knows where we'll be....

Hi Tim, RR cars were sold to BMW yes but we're not talking about cars here..this is civil and defence aerospace, naval propulsion systems, nuclear reactors and power systems. I suggest you gen up a bit on the stock you're investing in

Mr motley fool can pap on all he likes about the PE ratio being sky high and in AI territory but we're about the same as every other areo engine maker...but every other engine maker doesn't have SMR'S up their sleeve...if aren't given the go ahead I think we might see a small correction but my workings below aren't taking SMR'S into account...

I agree shareflyer..I was just looking at the PE ratios of RR (39) compared to our peers...Safran (52), GE (32), RTX (36) based on 2024 results for all. If we can grow our profit to the mid term forecast of between £3.5 and £4.0 bn then our forward PE drops to around 20 suggesting the SP would have to correct upwards to between £12 and £15 per share to maintain PE parity with our peers. Maybe looking at £12 per share in March 2026 and £15 in March 2027 not counting buy backs and not counting SMR news.

Hi Cev, January 2024 was nearly 14 months ago not 2

Hi GW, can you please refrain from posting your non relevant whitterings on the SYN page

The temptation to sell is huge but the danger is it goes into a penny stock and loose the whole lot

Hi Cev, I think you're the one with the fat finger...300,000 x £7.44 is £2,232,000 ! where have you got 2 billion from? I've already described the maths below so no point repeating