RE: No sleep24 Jan 2025 06:43
Dividends coming this year will add to the stack Willu17 but I totally agree...how much higher can it go? I think you have to consider that there are massive barriers to entry to the markets RR operate in...a monopoly in terms of UK nuclear (defence), a duopoly in large civil engines and huge installed markets in both civil and defence where the customer simply can't go elsewhere for servicing and parts...power systems have got lots of competition but MTU's customers base focus on quality and reliability rather than price...I guess this means that we should in theory and in the next few years see steady growthbin the SP. Everything should improve..less debt, better ratings, more cash, bigger dividends, more investment..where could this go? £8, £9, £10? add buybacks in and we're really motoring. The hard part is holding on though.