The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
I did the same with LGEN, a huge dividend but it will take 4 or 5 years of dividend reinvestment to get back what I've lost in capital. All my shares are in the doldrums apart from RR but I pound cost averaged RR starting early 2020 whereas the others I bought in large chunks 'surely it can't fall further' type logic. Investing a small or set amount every month over a long time is the way to do it IMHO. Onto dividends , I totally don't want a poxy £20 every quarter or whatever I want RR to pay down their debts as soon as humanly possible.
Hi RonR, RR aren't allowed to pay dividends under the agreements they have with their loan providers. I don't see dividends until 2025 but I strongly suspect the results on the 28th to be better than forecasts. I don't want them paying divs until most of the debt is paid off.
What's to stop GE putting their prices up if they think RR are out of the Thai order? I would if I were GE...Rolls-Royce cannot and should not be trying to win business at wafer thin margins.
Ah I think I get it...Google both numbers together and they're prisoner numbers from nazi concentration camps https://biblio.co.uk/book/44070-conspiracy-twentieth-century-rudolf-vrba/d/535799655
I would say very very very unlikely it will see £1.50 again barring a catastrophe. The Q3 results will smash expectations and RR will soon (in 1 or 2 years time') have the greater majority of the debt paid down...after that they'll have so much money they won't know what top do with it lol
I would counter with a) RR now being run like a business and not a charity b) huge upswing in flying hours c) massive defence contract wins in the US (b52 and FLRAA) d) AUKUS sub deal e) SMR potentials f) RRs cost cutting g) Finances improving every day. I think the Q3 2023 numbers are going to be knockout and I expect a bump in SP 28th nov
OK, thanks jemgee, so do we think that the major step is further development of Selva Malvezzi or will one of PXENs other projects come through first?
Can you help me out with the maths, do I read 72 000 cm per day x eur 0.53 at 37% = eur 14k per day? Is this 7 days a week but say 80% operating efficiency? So around eur 4m per year?