Member Info for Svend

The flying hours speaks volume of fresh air under the wings keeping up the sky-high numbers. Total commercial flight hours

the 7-day moving average is now 132404 compared with 124656 in 2019 which is a 6% increase already.

Fair enough It looks like RR has said aside £ 460m invested in SMR this year alone and said if the government does not step up to the plate they are going to run out of funds for the project hopefully the government is paying attention to this.

Come on NTC give yourself some wriggle room we are not holding your predictions to a specific month rather if they turn out even at 50 % in that period we can still smell the fresh coffee remind sofar RR is the best-performing share on the UK stock market this year full stop.

Overhead incoming resistance at round numbers (200) let's see how the market i.e. supply/demand reacts to this in the next couple of days.

Now flying into 190's and still 3 hours to go before the USA opens.

P99 may be a measured move that has an initial price target of 195 (low 65+130=195) and then potential 210 cloud resistance followed by another leg up.

A17 SpotOn give Turbo Tufan credit when it is due he is a true professional and maybe he can entice some interest into his new business from his previous dealings with BP that maybe he and the government could accelerate to get the SMR off the ground and benefit the UK and society as a whole. BPNE British Produced Newclear Energy. (Just made that up)

Come on Capt Turbo Turfan let's get this platform up to the next level of excellence. Good luck all fellow holders and hopefully we are going UK-wide nuclear by spring 2024.

OTC > The chart does not take into a/c share dividends/bonuses.

Steve626 - the last 2nd paragraph and being endorsed by Sir Simon Bollom is a powerful endorsement indeed.

Nettles I share your entuiasime I have been on board since privatisation (April 1987) and never really looked back now I ask myself 2 questions 1) When I look back with hindsight, would I have wanted to Invest in RR today more so than back then? Answer YES - 2) Is the company a better investment today than back in the day? Answer probably Yes X 2 :-)

I hope your £7 prediction comes through by 2025 then we can maybe share a refreshment on an electric flying taxi.

NTC Spot On Meanwhile Rolls-Royce's credit rating was downgraded to junk in 2020 due to the impact of the COVID-19 pandemic on the aerospace industry. However, the company has since made progress in reducing its debt and improving its financial performance. In February 2023, S&P Global Ratings raised Rolls-Royce's long-term debt rating to BB with a positive outlook, which means that a rerating to investment grade is seen as likely in the next 12-18 months.

There are a number of factors that could contribute to a rerating to investment grade for Rolls-Royce. These include:

Continued improvement in the company's financial performance

A reduction in its debt levels

A recovery in the aerospace industry

If these factors materialize, it is likely that Rolls-Royce will be rerated to investment grade in the next 12-18 months. However, there are no guarantees, and the company's credit rating could be downgraded again if its financial performance deteriorates.

Here are some of the key factors that could influence a rerating to investment grade for Rolls-Royce:

Free cash flow generation: Rolls-Royce needs to generate sufficient free cash flow to reduce its debt levels and improve its balance sheet.

Order intake: Rolls-Royce needs to maintain strong order intake to support its revenue growth and cash flow generation.

Aerospace industry recovery: The global aerospace industry needs to recover from the COVID-19 pandemic in order to support Rolls-Royce's business.

If Rolls-Royce can meet these challenges, it is likely that the company will be re-rated to investment grade in the next 12-18 months. However, there are no guarantees, and the company's credit rating could be downgraded again if its financial performance deteriorates. Thursday is the big day this week anything beforehand is just general market noises.

Z > I agree that is probably a good mindset to have all the best mate

Let's see how quickly the rating agencies can react to the incoming results and the investment rating upgrade can be done at which point the real money flow starts pouring in from the institutions and Capt Tufan/Helen can announce the reinstatement of dividends soon.

NTC

Thanks

RBGP Looks interesting except for the chart slope of the SP maybe the upcoming results in September shall be making a material change and if the high Dividend payout can be maintained that is? KOD looks like a very speculative gamble in my eyes however earnings seem to be rising here too. soo all in als good luck

NTC

As my mentor, David Paul Quotes it elegantly:

" when it's time to buy, you won't want to. The good trades are ALWAYS the hardest trades to place emotionally "

*Descending

From a simple tea cup perspective taking the low of 65p and the average of the recent consolidation range period between 130-160 = 145 - Low 65 = 80+145= 225 as Einstein once said ''Everything should be made as simple as possible, but no simpler'' enjoy the voyage by the way the current weekly ascending channel is further up/out hence my earlier 250p target also remains in play once we clear overhead resistance maybe by year-end. DYOR IMOO

Hi Graham10 Yes it's my own takeaway using the Wykoff method written by Jack Hutson There is now also a cup and handle breakout formation in play.

Metom/shareflyer - I agree only 1 trading day left for the month of July and both the weekly/monthly charts say it all by applying a 200 simple ma and its clear flight paths for take-off to new horizons as the cloud break is located around 205.5 Meanwhile Shore capital raises fair value to 217 from 180p whilst the monthly 200 sma is sitting at 221.66 my current estimated price destination for this year.

Weykoff apprentice may even chip in here and say we have a current share price that is undervalued. He believes that the company is on the right track with its turnaround plan and that the share price could reach 250p in the next year.

Wykoff's analysis is based on the following factors:

The company's order book is strong, with backlogs of over £100 billion.

The aerospace industry is recovering, with passenger traffic expected to grow in the coming years.

Rolls-Royce is taking steps to reduce costs and improve its efficiency.

However, there are some risks to consider before investing in Rolls-Royce shares. These include:

The company is still facing challenges in its civil aerospace business.

The global economy could slow down, which could impact demand for aerospace products.

There is a risk of further delays and cost overruns on the company's new product programs.

Overall, Wykoff believes that the risks are outweighed by the potential rewards for investors who buy Rolls-Royce shares now. He believes that the company is undervalued and that the share price could reach 250p in the next year.