Member Info for Strike123

in terms of political risk to HBR, there is no further windfall tax neither new taxes as Liz is in tax cut mode!
So no political risk for HBR for being in UK. All that now matters is the amount of cash that HBR makes to reduce the debt.
WIth Exxon to post strong earnings, HBR could do the same and there is potential for HBR to become debt free by end of Q4.

just now went through at 444p
It is a O type transaction

Exxon could book a third-quarter net profit close to its second-quarter record of $17.9 billion.

HBR could do the same with Q3 results ? If the results are same as Q2 then debt should come down to $700 and by Q4, it should be miniscule compared to the cash HBR generates.

In frustration while checking the price, I accidentally purchased another 5k worth!
Just tilted phone a bit and transaction went through!
The price should be atleast 490p and with Q3 results should break that bloody 500p barrier this time.

SP is not moving at all despite every other major oil including minnows have moved up according to the rise in oil price.
From $85 to $90+ and with cuts coming, we should be atleast 480p and not languishing in 440s!
Clearly price is being controlled. Nov update coming up soon, surely it still can't stay at these levels.

RMM down by -13%
Hope no one got burnt chasing the rainbow shares like some do!
Such AIM companies should not be touched with a barge pole.

WinStanley, I agree with your comment about the chaos goes back to Cameron and Osborne. They promised moon with Brexit and look what we ended up with!

Tory Chairman Jake Berry says people should 'get a new job' to pay the bills!

The Tory MP said: “People know that when their [energy] bills arrive, they can either cut their consumption or get a higher salary, higher wages, go out there and get that new job. That’s the approach the government is taking so households can afford their bills.”

That's the approach ? My god how these fecking mental idiots are still in the job!

It appears like being controlled and taken down so that some bloody hedge fund can fill there boots at a bargain low price.
Crooks can manipulate the price. Once boots and coats are filled, it will go up.

Winstanley, he will be out very soon. That arrogant bastard was taking aim at Boris and Rishi about how they managed to decline the economy when this bloody fool caused the pound to slump to the lowest level in the history. This he calls little turbulence! Before earthquakes occur this idiot should be kicked out. Bring Rishi back as chancellor.

nearly from the low of 66.5

If Rishi became the PM then situation would have been lot different ?
But country cannot have a PM that is not white.
Rishi atleast should have not contested and instead could have become chancellor but all these chaos started with his resignation! Wonder what compelled him to do so?
Current situation could have been lot different if Boris and Rishi continued in their roles!
So that begs the question that if current leadership is changed again then will it change our fortunes?
I'm really gobsmacked how Kwasi is not bothered up about inflation and instead want to borrow more money for growth! Pls can someone kick him out!

EasyJet has the lowest debt among the airlines!
But the current market condition doesn't help however good the company is!
Big Tech in US are massively down.
Many good companies are massively down including EasyJet.
Shorts increased to 5.19%. They are taking advantage of the crisis situation.
"Useful idiot" provided more ammunition to these shorts.
Even if EZJ provide good results, shorts will not drop unless big institutions start building the stake after the results as this is massively undervalued.

Without SMR, RR business was priced at £3.50 pre covid. If you add SMR then RR should be much higher than £3.50. SMR is not a make or break thing for RR.

RR will turnaround and when it does it is difficult to catch. In 2021, when delta hit price crashed and all the naysayers said RR will go bust but from 80s price went up to 125p and then Omicron arrived. Price crashed to 90s but later hit 150p last November. Current downturn again is due to wider market. RR business is improving everyday and getting strong. We shall see 90s and then higher. Let's do the baby steps first so 80p before the results would be fantastic. Let's see. GLA

@newdealz, along with the rise in cost of servicing, RR charges equally the same from its customers or even higher. Main thing is the cost to finance the debt. RR do not have any debt maturities until 2024 if I remember correctly. Current debt is serviceable after ITP sale proceeds so that is why RR said guidance remains unchanged for this FY despite the rise in rates.

Hit the button too early.

With higher debt and flying hours at 50-60% of 2019 levels, price was at £1.40+

Now with
- reduced debt
- flying hours reaching 80% of 2019 levels
- Trent engines fixed
- increasing defense contracts secured
- SMR to come
- Electric aviation
- SAF compatible engines

Majority of the above were not in place before and the price was over £1.40+ and pre-pandemic at £3.50 so current price is ridiculously undervalued.

How is it overpriced? Is it just your guess and delusion

Great posts CW!

Kwasi seems to be weak in communication. He doesn't seem to have the ability to defend his decisions on TV and infront of media. He finally opened his mouth via DT article. He and Truss rushed in with mini budget within 5 days after funeral. They could have prepped the media and the markets about what is coming instead of suddenly unloading load of **** on Friday. He didn't seem to have contacted OBR or BoE about his plans. Treasury first secretary was sacked probably because he would have told Kwasi that his plans are a ****.

He is now talking about supply side reforms. These are needed to supply chain bottlenecks on housing and in other industries but we need to see if he is targeting the right reforms.

If the inflation comes down as he states with energy price cap then surely market will welcome that.

I think from Monday markets will be calm until the next update from Treasury and BoE. Of course we have US that will always our share price!

""Rolls Royce has received regulatory approval for the sale of ITP Aero, and the deal is expected to complete in the coming weeks. Proceeds will be used to repay a loan which has exposure to interest rate increases." - this has been a good move.
I'm sorry, but I couldn't find the total debt figure, just the net."

Unluckyinvestor, you don't have a clue what the debt figures are and you are spouting rubbish about the share price. You had to go find a HL link to know what the debt is. Total debt includes liabilities which are not prone to rising rates.

Share price touched 150p because there is a value in business. It is nearly £3.50 pre-pandemic. It dropped from £1.50 the moment war started, fight cancellations and rate hikes. We now have ITP sale done to clear the debt that is prone to rate hike and that is cleared now so RR is in a better position now. Now we need the war to end and flight bookings back to precovid levels and higher than that. Current price is a bargain basement price.

But reducing the tax burden is just one small part of our plan. We are also going to accelerate 100 major infrastructure projects through new legislation to get Britain building again. We are going to create Investment Zones across the UK, with an unprecedented set of tax incentives and liberalised planning rules for business to invest, build, and create jobs. And over the coming weeks, the Government will set out a whole series of supply-side reforms to remove those stubborn barriers that have held the British economy back for years.

Attracting global talent will drive productivity and innovation. Reducing business red tape will let companies grow and create jobs. And we know the rising cost of childcare can be a barrier to people re-joining the labour market – a waste of talent and a drain on our productivity.

Even in the face of extreme volatility in global markets, with major currencies wrestling an incredibly strong US dollar, we will show financial markets and investors that our plan is sound, credible and will work to drive growth.

By combining our immediate energy support with bold action to reset the fundamentals of the UK economy, we are helping households and businesses today – and putting the United Kingdom on a more prosperous, competitive path for years to come.

#end