Member Info for Svend

Peakdred agree 5% move in a day is very decent indeed and we are still airborne until the market closes in just under 2 hours..

Attention passengers, this is your captain speaking. We're happy to announce that we'll arrive ahead of schedule and have been cleared to land on runway four-four-four point four. Please ensure your seatbelts are fastened and stow away any tray tables. Thank you for choosing us, and we look forward to seeing you disembark shortly.

Breakout underway fasten your belts we are on the edge of crossing into new levels above 440s GLA

Prawn sandwiches? Surely, a buffet fit for titans of industry requires a more... Rolls-Royce selection of canapes. Lobster thermidor spring rolls perhaps, or caviar blinis served on miniature jet engines? As for Tufan on karaoke, that might be a strategic risk. Imagine the headlines: "Rolls-Royce CEO Brings Down the House (and Possibly the Share Price) with Bohemian Rhapsody." Although, a well-placed "Living on a Prayer" could be strangely appropriate.

This update is likely to have a positive impact on the share price for the following reasons:

Strong Financials: The update highlights profit and cash flow growth, which are positive signs for any company's financial health.

Full-Year Guidance Unchanged: Rolls-Royce maintains its full-year guidance despite a challenging environment, indicating confidence in its performance.

Improved Credit Ratings: The credit rating upgrades suggest a lower risk profile for Rolls-Royce, potentially attracting more investors.

Positive Developments in Business Sectors: The update showcases positive developments across all sectors, including recovery in Civil Aerospace, contract wins in Defence, and growth in Power Systems.

Progress on Transformation: The update emphasizes progress on cost-saving initiatives and a simpler organizational structure, which could improve efficiency and profitability.

Rolls-Royce Half-Year Update Summary

Financials:

Strong performance with profit and cash flow growth.

Full-year guidance remains unchanged.

Improved credit ratings and a stronger balance sheet.

Civil Aerospace:

Engine flying hours are recovering well, nearing 2019 levels.

New orders secured from VietJet, Starlux, and IndiGo.

Investments made to meet rising maintenance needs.

Defence:

Contract wins for the AUKUS submarine program and B-52 engine program.

Positive progress on the Global Combat Air Programme.

Power Systems:

Growth in data center and government applications markets.

New order for battery energy storage solution in Latvia.

Sale of lower-power engines business to Deutz on track.

Transformation:

On track to deliver £200 million in annual savings by 2025.

Implementing a simpler and more focused organizational structure.

Building a "One Rolls-Royce" culture for long-term success.

Next Steps:

Half-year results announcement on August 1, 2024.

ETF I think the 'Fool' answered this last week or so here:

https://www.fool.co.uk/2024/05/13/heres-where-i-see-the-rolls-royce-share-price-ending-2024/

On the other hand this afternoon at 1650 hours and again at 1830 hours stops were run on the SP500 taking out the last 3 days' lows.. so let's see where the battle closes in 45 mins.

Peakdread agree also remember at COP28, Countries the Launch Declaration to Triple Nuclear Energy Capacity by 2050, Recognizing the Key Role of Nuclear Energy in Reaching Net Zero so it should not matter if RR play against a team in power of red or blue shirts 😎

Mystic indeed Roll on tomorrow and let us hope for a decent SMR contract lift-off soon. 🚀🤞🤣

Mystic the consensus Target Price based on 14 analysts covering the stock is 453.50 how close are we going to get to this price following Turbo Tufan's trading statement? The weekly ATR is sitting a tad below 20 so perhaps the 455's are potentially showing up on the radar very soon. A close above 435 is a good starting point GLA

PEAKDREAD Sounds right one broker stated 22 May @ 2300 hours

Probably with the copper price now breaking above 5.10 to ATH as we speak..

Reppyrr Trading statement is issued/released on the 22nd of May and the AGM is being held on the 23rd of May

Nomdeplome > For the sake of clarity I am in no way using Elliot wave theory in my '4's reference this is just my reference to the current price, I view the AGM as a given/non-event unless fresh market news or updates are articulated by Tufan and would rather point to the Aug results for a more meaningful directional viewpoint with regards to the share price projections. Having said that if MR SP500 decides to have a rally over the summer Roll Royce is bound to get a real feel of this afterburn and favourable winds effect as well GLA

A17 > Yearly charts can be interesting, but you're right, they're not the be-all and end-all for making investment decisions! In Rolls-Royce's case, the yearly view might not be the most helpful for short-term calls. Here's why:

Yearly charts zoom out a lot. Imagine a blurry picture – that's kind of what you get. They show the general trend (up or down), but miss the nitty-gritty details that matter for short-term trading, especially when things are moving fast like with Rolls-Royce.

Long-term focus, not short-term wins. Yearly charts are more like binoculars for spotting trends over the years, not a magnifying glass for finding the perfect moment to buy or sell.

So, what about Rolls-Royce specifically? Even without diving into the yearly chart, we know the stock has been on a downtrend lately.

But hey, good on you for not blindly following charts! There's a lot more to consider when investing, like company news and the overall market mood.

Momdeplume Hi Happy Sunday

RR > Not Looking So Fly Right Now

Let's take a peek at Rolls-Royce's stock charts. Buckle up, because things aren't looking too smooth.

Daily Chart:

Price: Think downhill drag race. It's a steep drop.

Moving Averages: These lines are all pointing south, reinforcing the downtrend. Not a good sign.

MACD: This fancy indicator is flashing red flags (well, not flashing, but you get the idea). The key lines suggest it's a good time to sell, not buy.

Weekly Chart:

Price: Same story here, price is on a downward trajectory.

Moving Averages: Still pointing south, just like on the daily chart. Double bummer.

MACD: Weekly MACD is also not happy. It's another sign that things might keep going downhill for Rolls-Royce in the short term. (Long-term looking favourable trending upwards since November 2022 and above the 200 SMA)

The Bottom Line:

The daily and weekly charts, with the help of the MACD indicator, are painting a pretty bearish picture for Rolls-Royce. The stock is trending down, and the technicals suggest that this trend might continue.

Always remember: This is only based on the charts, not a magic crystal ball. Before jumping to any conclusions, consider other things like company news and the overall market mood.

ETF > To help you visualise what a cup with a handle looks like in the current market environment have a look at the weekly Nasdaq chart for a moment and draw a few simple lines from October 2021 through to Oct 2023 and April 2024 https://www.tradingview.com/x/pqEq0nJA/

Apologies this was off-topic Let POP Anyhow 😉

Corry... Love, this is 3rd time and the cup final is still to go on play for next week bring it on.

Thanks, Casandra2024 comment appreciated.