Member Info for Svend

Ah, shipmate, your words warm the bridge more than a sunrise over calm waters.

Aye, the tide may pull against us at times, but this vessel—RR PLC—was built to sail into the headwinds, not drift with the current. We’ve weathered storms, dodged bureaucratic reefs, and still the engine hums with promise.

And while “what could’ve been” fills many a harbour, we’ve still a chart full of what still might be. The keel is sound, the crew alert, and the horizon—though hazy—holds ports worth reaching.

Grateful for your kind words, and prouder still to sail alongside those who see both the course ahead and the lessons astern.

Steady as she goes—we’ve got more waters to chart yet.

Nettles, A fair point, and you’ve struck the heart of the frustration many of us feel.

You're right—the window for UK leadership in SMRs was wide open, and we had the talent, tech, and tenacity ready to go. Tufan knew it. The engineers knew it. Investors knew it. But instead of full throttle, we got government dithering, a “competition” that sapped momentum, and now a catch-up race against state-backed giants like EDF.

The irony? We may still end up with SMRs on British soil… just not British-led. That’s the real shame.

I share your sentiment: there's no easy fix. The political will has been absent across parties. As for Reform—well, if ShareFlyer ever ends up writing energy policy, I hope someone hides the red button.

But jokes aside, this was a moment where the UK could’ve owned the narrative on next-gen nuclear—and instead, we’re watching it drift out with the tide.

Let’s just hope RR’s long game still finds a way to win.

Enjoy the Voyage 🙌IV

Nettles, as usual, offers a fair and grounded assessment—and one that many investors would do well to heed.

You're right: RR SMR Ltd has been operating deeply in the red, and those losses—£61m in 2022, £78m in 2023, and likely over £100m for 2024—aren’t insignificant. It highlights the enormous cost and complexity of pioneering a next-generation nuclear solution, and more importantly, the distance still to travel before any cash flows up to RR PLC.

Your point on the layered ownership structure is equally valid. With multiple external stakeholders involved, RR PLC’s share of future profits—when they materialise—will be diluted. And let’s not pretend that the balance sheet will suddenly overflow with cash in 2030 either. There’s a long payback period ahead.

As for the UK government? Couldn’t agree more. Had they taken a meaningful equity stake back in 2020—when the strategic importance was clear and funding needs obvious—we’d be in a very different position. Instead, a global asset has been partly outsourced through necessity, and Britain’s energy future is now being leveraged by private capital where public commitment should have led.

That said, the technology itself still holds immense value. And if SMRs become what many believe they will—a key element of future energy grids—then RR PLC stands to benefit indirectly through engineering, servicing, IP licensing, and strategic influence.

But you're right: we must approach this with our eyes wide open, not with rose-tinted glasses. This isn't a fairy tale; it’s a capital-intensive slow burn—and we need to keep a close watch on both ownership and policy in the coming years.

Thanks for presenting the facts. The figures matter—and so does where the value ultimately lands.

Nettles, Ah, shipmate, a fine and thoughtful log you've penned—worthy of a proper salute.

Aye, you're not wrong. Tufan's words were clear as a lighthouse on a stormy coast: no profits from SMR Ltd before 2030, and the burden of debt weighs heavily on that particular vessel. That Q&A you endured—braver than most!—sounds more comedy than capital markets.

Your frustration is well-placed. What should’ve been a sovereign jewel—homegrown talent, a decade of R&D, and first-mover momentum—was instead set adrift in a bureaucratic fog. The "competition" model? A masterclass in delay, indecision, and dithering, while other nations hoist full sail with unified backing. The UK government, bless it, dropped the spyglass overboard and now peers at the future through a cracked lens.

But still, I hold to this: the tides do turn, even for ships long becalmed. RR SMR may be slow to show on RR PLC’s ledgers, but its very existence fortifies the brand, secures skilled labour, and grants strategic leverage in both defence and energy policy. A silent asset, perhaps—but an asset nonetheless.

So yes, a missed opportunity so far. But the voyage ain’t over, and I daresay the flagship still has wind in her sails.

To calmer seas ahead—and may Friday’s dispatch bring some long-overdue fire in the boiler.

Ahoy there, seasoned Nettles sailor cat o' the small print!

Ye make a sharp case, and aye—I’ll grant ye—RR SMR Ltd be a vessel with many captains aboard, each keen to fill their coffers afore the mother ship sees a single sovereign. The likes o’ QIA, Constellation, BNF, and ČEZ be carving their slices with cutlasses drawn.

But mark me words—just because the treasure map’s locked in a subsidiary chest, don’t mean the flagship, RR PLC, sails empty-handed.

Tis RR PLC that holds the compass, the schematics, the engine room, and the mastery of the reactors. Without her crew, the SMR voyage don’t even leave the dock. The contracts, the care packages, the long-tail service gold—aye, that be where the true bounty lies. And who charts that route? The mothership.

And as for the mighty pension fleets and hedge funds? Whether 'tis ignorance or instinct that draws them in, once the wind catches their sails, it lifts the whole armada. Perception, lad, be the wind in the market’s sails—reality often catches up once the fog clears.

So yes, ye may be the cat who called it years ago—and a fine job at that. But stay sharp, friend. For sometimes the gold ain’t in the first haul—it’s in the trade routes built along the way.

Now let’s see what Friday brings. The tide may turn quicker than a trader on margin!

Earlier today I was pleased to talk to investors and financial analysts, alongside Helen McCabe our CFO, about the strong performance we have achieved in the first half of this year. We showed how we are building on our track record of execution over the past two and a half years, delivering operational and strategic progress. We demonstrated significantly improved financial performance across the group with underlying operating profit, margins and free cashflow all increasing year-on-year.

Our strong first half delivery has given us confidence to raise our full year 2025 guidance and demonstrates good progress towards our mid-term targets. Those mid-term targets – which have a 2028 timeframe – remain significantly underpinned by our actions, investments and strategic initiatives. The same drivers of improved performance and additional opportunities that we are developing between now and the mid-term, will also drive continued growth in profit and cash flows beyond 2028.

I want to thank everyone at Rolls-Royce for the determination and effort that has gone into delivering these results. We are building a stronger Rolls-Royce, with a distinctive performance culture, focusing on sustainable growth and executing granular plans with clear strategic purpose. We have made great progress and have much more to do together as we build an exciting future for Rolls-Royce.

Our results are available here https://lnkd.in/en2WbgAJ

ShareFlyer

Aye, now listen here—

Firin’ off a “Good luck with everything!” with that cheery bang of an exclamation mark may seem harmless to landlubbers, but aboard this vessel, we mind our tone. That mark can come off sharp as a cutlass — flippant, dismissive, or laced with a hint o’ sarcasm.

If ye meant it true, then let your words sail plainly and with honour. No need for dramatic squalls of punctuation when calm winds and sincerity will do.

And if not — well then — let’s walk the plank, and be done with hollow farewells. We sail with respect, or we don’t sail at all.

Rowaboat

What a wonderful outcome — congratulations on a well-earned result after years of patience and commitment. It’s no small thing to step away with gains greater than expected — you’ve timed your exit with great precision.

As for what comes next, may it be filled with calm mornings, perhaps fewer charts, and more time enjoying the rewards you’ve built. Wishing you all the very best in your retirement — health, happiness, and the occasional glance at the news to smile as RR continues its journey.

Bav1975

Ready for a walk down memory lane. ;-)

https://www.google.com/search?q=Ready+Brek+Man&rlz=1C1ONGR_enGB1014GB1014&sourceid=chrome&ie=UTF-8#fpstate=ive&vld=cid:577aeebc,vid:5g-ypYgj2x4,st:0

@NuckyT

I mistook ShareFlyer for a stowaway barrel of rum — turns out it was just full of noise, bingo numbers, and unsolicited charts pointing to £10 via Neptune.

Next time I’ll tighten the gangplank and issue a captcha test: “Are you a coherent investor or just here to follow our cat Nettles?”

Mutiny protocols are now fully re-enabled.

Shareflyer

You have been granted permission to take leave at the next port 1100 as for the Take-Away that stays with the remaining crew please!

Furthermore, since you’re dismissing analysis as “AI copy and paste,” then you’re either ignoring the substance or don’t understand it. Let’s be clear — real insight, whether written by a human or generated through data-driven tools, is measured by its accuracy and relevance, not by your assumptions about its source.

As for the £15 projection — it’s not a meme, it’s a forecast grounded in fundamentals: record-breaking free cash flow, a transformed cost base, structural tailwinds in defence and civil aerospace, and the pending monetisation of next-gen SMRs and Ultrafan. The market doesn’t care for knee-jerk cynicism — it rewards results, and the trajectory speaks for itself.

If you have a counter-thesis, present it. Otherwise, the commentary adds no value.

Incoming from Sweden, with upcoming cash-generative capabilities from 2030, Turbo Tufan is delivering strongly on all fronts, with an interim dividend of 4.5p ahead of schedule. Gross profit is up a staggering 50%, gross margin at 30.9%, and operating margin at 24.9%. Revenue growth is around 17%, with a 63% increase.

Defence order intake is £ 4bn, and the backlog now stands at £ 18.8bn, a 120% increase. Power systems achieved 20% revenue growth, with an order backlog of £ 5.6bn and a gross margin of 31.1 %.

Share buyback programme of £1bn is progressing, with £ 0.5bn completed to date.

The Full-year 2025 guided operating profit is now guided between £3.1 and £3.20bn, with £1.9 bn returned to shareholders.

Progress continues on the Ultrafan demonstrator for a narrow-body aircraft, with expected delivery in three years.

Midterm targets ahead for 2028 are guided as milestones, and not a final destination.

> Time on wing is transformational 1bn invested, (2023-2027)

> Power Systems, Powergen Datacenter is powering ahead.

> SMR GBN x 3 + CEZ x 6 Checks + ? Sweden will have free cash flows by the 2030s and world leader in SMR.

>Great strategic progress improving

WOW, what a high-flying presentation

🚀🙌 > Enjoy the voyage, next port IV

Here we go, Rycey +10% Microsoft +7.5% We are ahead of the curve, keep flying into the blue, fantastic 1st half results.

Microsoft reported quarterly earnings of $3.65 per share, which beat the analyst consensus estimate of $3.37 by 8.28 per cent. This is a 23.73 per cent increase over earnings of $2.95 per share from the same period last year. The company reported quarterly sales of $76.441 billion, which beat the analyst consensus estimate of $73.797 billion by 3.58 per cent. This is an 18.10 per cent increase over sales of $64.727 billion in the same period last year.

Copyright © Benzinga. All rights reserved. Write to editorial@benzinga.com with any questions about this content. Benzinga does not provide investment advice. © 2025 Benzinga Newswires.

The tea leaves are saying it's getting ready to fly, the pressure from bouncing off the 4-hour 94 SMA and 1-hour 200 SMA since mid-June is lining up for a Popcorn Pop (How high and what retrace only Mr Market knows!), but it's been brewing like a volcano, now it's time to show some Gold shine;-)

RR and India have been going on for 90 years, no surprise.

🔎 Catalysts in the Pipeline

SMR Nuclear Contracts: Selected as preferred bidder to deliver the UK’s first small modular reactors, backed by over £2.5 billion of public funding.

This could underpin long-term upside.

UltraFan Jet Engine Development: Preparing a narrow-body aircraft engine (UltraFan); discussions are ongoing with Airbus/Boeing, and UK government support is being sought. Potential economic and export catalyst

Mr. Market (S&P 500) has had its longest run trading above its 20-day moving average since 1964...volatility has been crushed. Records are meant to be broken, but this is unlikely to persist.

Although concentration in megacap tech remains pronounced, the rally has been quite broad. Six of the 11 sectors in the S&P 500 are higher than the last market top in February.

Here's the latest on Rycey and whether we might expect an earnings surprise when their Q2 2025 results are released tomorrow morning.

📢 1. What Analysts Expect

Consensus estimates peg EPS at £0.10, up from £0.09 in Q2 2024. Analysts classify the stock as a Moderate Buy among the seven surveyed

Revenue is forecast at approximately £8.9 billion—against a comparable £8.85 billion projection for the previous full year quarter.

📊 2. Track Record of Surprises

In February 2025, Rolls‑Royce delivered an EPS of £0.12, significantly beating the expected £0.097, a +65% surprise. Revenues also came in ~14% above forecast. The share price responded with a ~16% one-day jump

🌟 3. Business Momentum & Guideline Revisions

The company surpassed its 2024 targets, leading to upgraded mid‑term forecasts: operating profits of £2.7–2.9 billion in 2025, and a new target range of £3.6–3.9 billion by 2028, now expected to be reached up to two years early

The turnaround under CEO Turbo Tufan continues: dividend reinstated, £1 billion buyback announced, and the company is now cost-efficient and leaning into recovery in civil aerospace and defence demand.

🚀 4. Could There Be Another Surprise?

Here’s why it’s possible:

Strong momentum, beat-and-raise history, and upgraded guidance set a bullish tone.

Analysts’ consensus may be conservative, increasing the likelihood of upside surprises.

Key areas to watch: defence contracts, engine servicing growth, and SMR developments.

That said:

Forecasts for mid-term improvements are already baked in.

Analysts’ EPS consensus is modest, so any upside might be limited unless operating margins or orders outperform significantly.

✅ 5. What to Watch in the Earnings Report:

EPS & Revenue versus the ~£0.10 and ~£8.9 bn forecasts.

Any guidance upgrade beyond the already raised mid-term targets.

Commentary on supply chain headwinds or trade/tariff impacts.

New engine orders, service backlog, and SMR progress.

⚓ Summary:

Yes, there's a realistic chance for a positive earnings surprise given the company’s recent beat history, improved profitability, and bullish outlook.

But keep in mind that expectations are now fairly grounded—offsetting surprises today may be modest unless big operational news breaks.

Hi Peakdread, Thanks for that; it's a thoughtful take. I agree we’re in an era where headline data often masks deeper distortions—especially when policy, perception management, and politics collide. The divergence between reported figures and ground-level reality is something to watch closely. As ever, it’s the second- and third-order effects that catch most off guard. 🤞for tomorrow

Ahoy indeed ⚓️

It may surprise you, but Rolls-Royce doesn’t operate in a vacuum. Microsoft earnings—and broader macro events like the FOMC meeting—can ripple across global equity markets, influencing institutional risk appetite, capital flows, and even sentiment toward industrials. Correlation isn’t always direct, but context is king.

As for AI: I use it the same way professionals use Bloomberg terminals or Excel macros—efficient tools that enhance insight, not replace it. If the post feels like "spam," perhaps it’s because you’re mistaking signal for noise.

Carry on.