Member Info for Svend

Bzohdan yes me too :) it's this time of year taxiing until take off probably late September when the bhoy's in the city return from their holidays and it is time to turn the throttle on again.

The SP is consolidating within a new range of 200-212 following a measured move up from the 150-160 Previous Range Further out on the horizon another measured move towards the descending trendline is located around the 250 mark

IParship - The median SP of the 19 Analyst who is covering RR is currently 227.38 so basically sitting at around 10% discount at say 20p Meanwhile actual commercial flying hours are already around 10% ahead of the 2019 pre-pandemic number so once this afterburn catches up the SP is more likely to catch a favourable upward draft.

Chelsea11 Yes steady solid results whilst navigating inflationary pressures all around Nice recovery stock should be north of 120 and towards 140 very soon meanwhile look forward to their presentation next week.

Larry6 let's get ready for take-off and fly toward the UBS price prediction of 350 destinations that again makes JPM's short prediction at 70 look extremely foolish and crazy. Add to this NTC prediction and you have a new flying double-decker target at 2 x £ 3.5 = £ 7 by 2025 unless that is meant to be in cat years'.

Ed1 My thoughts exactly aligned. ;-)

Ed1 Seems more than possible as other nations also realise relying on renewable from only wind/solar is unlikely to take off the strong demand impact from the transition from ICE to EV maybe giant Oil companies such as BP might want to jump the nuclear creek to stay green and keep their main shareholder's pension funds happy in the process.

Basilica Latest Rolls-Royce SMR secures £210 million funding for UK small modular reactor development: Rolls-Royce SMR has secured £210 million in funding from the UK government to support the development of its small modular reactor (SMR) technology. The funding will be used to develop the design of the SMR, build a prototype, and conduct safety tests.

Rolls-Royce SMR small modular reactor (SMR) development opens in a new window

www.newcivilengineer.com

Rolls-Royce SMR small modular reactor (SMR) development

Rolls-Royce SMR signs MoU with US company to develop SMRs in the US: Rolls-Royce SMR has signed a memorandum of understanding (MoU) with US company Fluor Corporation to develop SMRs in the US. The MoU will explore the potential for Rolls-Royce SMR to build and operate SMRs in the US.

Rolls-Royce SMR awarded £12 million grant to develop SMR manufacturing in the UK: Rolls-Royce SMR has been awarded a £12 million grant from the UK government to support the development of SMR manufacturing in the UK. The grant will be used to develop a supply chain for SMR components and to build a prototype manufacturing facility.

These are just a few of the latest news about Rolls-Royce SMR. The company is making significant progress in the development of its SMR technology, and it is well-positioned to become a leading supplier of SMRs in the UK and around the world.

More like nuclear and electric firing news if confirmed in a high-flying way.

CityTTrader I agree for the next catalyst in the Sp is new orders but maybe these are now incoming from Electric Taxi and SMR procurements in due course in which case a certain kitten is likely to have his milk replaced by cream.

According to the Rolls-Royce Annual Report 2022, the company spent £778 million on research and development (R&D) in 2021. This represents 2.5% of the company's underlying revenue of £30.8 billion.

The company's R&D spending is focused on developing new technologies for its civil aerospace, defence, power systems, and new markets businesses. This includes developing more efficient and sustainable aircraft engines, new defence systems, and integrated power and propulsion solutions.

The company's R&D spending is expected to increase in the coming years as it invests in new technologies to meet the challenges of the future, such as decarbonization and the growth of electric flights.

In terms of the Rolls-Royce share price, the company's R&D spending is equivalent to approximately £0.23 per share. This is a relatively small proportion of the share price, but it is important for the company's long-term growth and competitiveness.

Here is a table showing Rolls-Royce's R&D spending as a percentage of underlying revenue for the past 3 years:

Year R&D spending as a percentage of underlying revenue

2022 2.5%

2021 2.8%

2020 3.7%

As you can see, the company's R&D spending has declined as a percentage of underlying revenue in recent years. This is likely due to the impact of the COVID-19 pandemic on the aerospace industry. However, the company has said that it plans to increase its R&D spending in the coming years.

LLucan good summary I agree they are making progress despite unfavourable market conditions.

NTC great link interestingly RR remains over 40 % below water for 5 years so plenty of blue skies above

NTC you are right it's not taking account of the last price leapfrog leg up through the clouds Rolls-Royce Holdings PLC (RR.L) is currently the best-performing share in the London market. It has risen by over 140% in the past year, making it one of the most successful stocks in the UK.

Metom in retrospect best-performing share for the last year was Nanoco Group plc (LSE:NANO). The share price of Nanoco has increased by 111.1% in the past 12 months, from £1.20 per share on 17 August 2022 to £2.52 per share on 17 August 2023.

Nanoco is a technology company that develops and manufactures quantum dots, which are tiny particles that can be used to create brighter, more efficient and more energy-saving displays. The company's products are used in a variety of applications, including televisions, smartphones, laptops and tablets.

The strong performance of Nanoco's share price is due to a number of factors, including the growing demand for quantum dot displays, the company's strong technological capabilities and its partnerships with major technology companies.

Other top performing shares on the LSE in the last year include:

Hunting PLC (LSE: HUNT) - up 96.8%

Me Group PLC (LSE: MEG) - up 82.5%

AO World PLC (LSE: AO.) - up 74.3%

Rolls-Royce Holdings PLC (LSE: RR.) - up 68.5%

BAE Systems PLC (LSE: BA.) - up 63.8%

DYOR GLA

Bertram is exactly the reason why this politician selling his country short only for his own means and any votes now it's coming home to kick his bottom twice as hard

Badland you get better longer term maybe even if it takes years just like the maturity of the grapevine it's not a quick fix.

It's the summer doldrums to be expected, especially since August and September are seasonally the worst months on the SPY/stock markets.

Metom thanks for sharing the stats link once RR get to 1000 the flying hours are going off the scale meanwhile the overall actual flying hours are now up 16% compared with pre-pandemic figures in 2019 7-day average

Total flights 239,727/205,944 I.E + 35,783 (2019) +16% as of 14.08.2023 these are real 'aeroplane' recorded flight numbers ;-)

Metom,

Aye, there's plenty of room to manoeuvre here. As Turbo Tufan said, the SMRs are on the horizon, just waiting to be deployed. But in the meantime, if Jeremy C is thinking about making a deal with the Chinese, it better be just for a takeaway meal from Chinatown. UK won't tolerate any compromises on UK infrastructure safety and security, not now, not ever.