Member Info for Svend

kewjosh the interday low/high price is Taxiing
Feb 27 - 126/145
Feb 28 - 134/147
Mar 01 - 139/147
A close above the 09 Nov 2021 high @ 151 and this stupendous puppy is breaking out on its 4th attempt and taking off into the sky with the 200-day sma rising. Near-term price destinations include 164/212 old support becoming resistance areas in combo with fib 0.38/0.50 retracement in alignment.

Let him have his 3-year plan to prove himself and then evaluate Abrdn progress

baronborg > I do not think Boris agrees with this point never mind the rest so unless you have any real proof to substantiate this view I rest my case for now.

Rr101 > Bearing in mind that RR spends a lot of cash on R&D in order to stay ahead competitively I do not see foresee the board making any major changes when the time comes to re-introduce dividend payments as a result would expect bonus dividend payments to be re-introduced soonest the company gets back into investment grade investment i.e. grade BBB the size of these payments is your guess as well as mine but in the past the previous Rolls-Royce Holdings Plc dividend was 4.6p and it went ex over 3 years ago and it was paid 3 years ago. There are typically 2 dividends per year (excluding specials), and the dividend cover is approximately 1.9. hope it helps DYOR

kewjosh > I admit I admire your conviction on the short side but the SP remains undervalued by at least another 30% if you think the company keeps investing serious funds in SMR without prospects of it taking off you are diluting yourself once approval is in place for this line of production the recent share price increase is going to look like a water drop in the ocean. The SP closed today at the High of the day on high volume meaning that only buyers were in control of the price and the large increase in volume speaks to huge demand. meanwhile mr Market (SP 500) has had 4 bad days in a row and even he is looking oversold so if the SP 500 catches a drift upwards this will just add fuel to the SP of RR. IMO DYOR

Rr101 > Agree 100% the SP is just taking off a close above 151 and the next resistance area is 170 followed by 212 and then above the skies. The investment houses are getting their books aligned with the company fundamentals which are highly positive with an ever-increasing order book and new product lines in place already as a result, the demand outstrips the supply anyone going short here is asking for trouble in my opinion only DYOR

livepari4 - agree 100% sp is just starting its take-off and once above clouds @ 212 it is on a clear path to investment grade in less than 6 months' time. Note the 7-day moving average of the number of flights already exceeds 2019 at 183,955 compared with 170,262 furthermore due to the war in Ukraine long-haul flights are also longer due to the closed air spaces.

kewjosh anything can happen, the breakout likely happens on the 4th attempt hence a close above 140 today would validate this scenario however this week's weekend press also reports a possible 25 % retraction on the main USA markets which would invalidate the above process.

kewjosh > the SP is breaking out to the upside following a long-time basing foundation any remaining shorters getting squeezed is just adding fuel to the upside momentum this is based on both technical and fundamentals any positive market reactions from USA and the SP closing above the weekly 200 sma once that SP is achieved the SP seeing sub 100p is history DYOR IMOO

ATM Volume is taking off above 28m an SP close above 151 next resistance 170 followed by 212. Fundamentally speaking Boris recently opined in the commons and openly mentioned RR SMR should be considered a valid option for the UK government's energy security and new job prospects maybe his advice eventually found some support from the institutional investors and hence the significant increase in the past few days along with the most recent results.

The Volume yesterday was 229m more than 6 times greater than the average daily volume at 31m someone with deep pockets is getting onboard and looks like 'Skintbury' may have missed the flight. The Volume this morning is already over 5m and rising

RH > Correction you said 147 - I am 148 ;-)

Hi TerryMC1/RonnieH

With that finished today on Wall Street I am guessing 148 tomorrow (24 February 2023) on wall street.

MaryBr190 - So basically the purchase price is below the initial and actual cost put together I.e. your average cost of all the shares is below the current price?

Rr101 > Sticking with Rolls-Royce's news from USA:
new CEO Tufan Erginbilgic is expected to drive major change as part of the company's transformation program, including a strategic review in order to steer the business in a more positive direction, Interactive Investor's head of investment Victoria Scholar says in a note. The British aerospace and defense company's shake-up could potentially reinvigorate the bull case if a much-needed drastic overhaul is successful, she says, and shares are enjoying double digit percentage gains Thursday, reflecting the optimism. Shares trade up 24% at 133.52 pence. (kyle.morris@dowjones.com)

++

If any shorts are left by tomorrow's close they are likely going to be toast before this coming weekend Sunday's roast :-)

Rr101 > Good Call = ContextLogic (NASDAQ:WISH) shares decreased by 8.6% to $0.65 during Thursday's after-market session. ContextLogic's trading volume hit 3.0 million shares by close, accounting for 11.3% of its average volume over the last 100 days. The market value of their outstanding shares is at $442.9 million.

Rr101 > FYI ContextLogic Q4 Sales $123.00M Miss $152.02M Estimate

Metom > USA SP500 finished in the green up by 0.2% this is a positive recovery following this week's chop-fest this also aligns with a short-term retest of the early January resistance levels and the round number becoming support around the 4000 mark (give&take 50 points).
If China brakes the deadlock in facilitating a peace deal with the war in Ukraine it's going to be fireworks on the stockmarkets all around IMOO DYR

Metom > USA currently just turning green and still has another 1,5 hours to go before their close as a result any major shorts that are still in play after today's UK close price are probably turning towards the EXITs quickly before the media/weekend press gets onto their tails. ;-)

Hads91 - Agree on all accounts the close today above 130 is a real sign of strength as mentioned earlier today the next leg above this level is cloud-free bar any turbulent black swan events.