Member Info for ToffAppleton1

Fleecy

“I've just read the article and I find it pretty negative for an article that's supposed to be positive.”

Just what you’d expect from a bunch of amateurs. No trader worth his salt would let themselves be influenced by the aptly named Fool investment gurus.

Nigel

There’s far too much negative publicity regarding BT’s debt, when many ftse companies are carrying higher debt burdens. The crux of the matter is if a company can afford to repays its debts.

If they can’t - then they’re in trouble.

Centrica for example, a company in terminal decline, has a market capital of about £2 billion and its debt is about £4.7 billion.

Vodafone - £74 billion of debt
Unilever- £22 billion of debt

Look at the balance sheets of these multinationals and you’ll find immense debt.

For some reason the market has singled out BT as an indebted company - when in reality it’s not excessively indebted. Debt is good if it’s controlled, especially in this era of cheap money, without it companies couldn’t expand and grow. Debt enables them to make acquisitions and exploit marketing opportunities.

Toff

£150.10

Also the day low...

Toff

OutTheGame

“the other has other businesses that are hugely profitable and has a world wide presence”

Hugely profitable?
A £5.4 billion loss in the last financial year suggests otherwise. If Rolls are hugely profitable why are they about to go cap in hand to investors for the princely sum of £2.5 billion?

Toff

Intoo

“As tempted as I’ve been to buy more at these levels to average down, I’m holding until clarification around financials”

That’s a sensible decision. Right now you’d be buying into too much uncertainty and markets hate that. Better to wait for the fog to lift and the shareprice to start heading north before adding. You may miss the bottom that way but it’ll be worth the small premium.

Right now no one knows where the bottom is

Toff

Casa

“if there is an RI, there will be a discount on SP at the time and buyers will expect 20%.”

Thanks for the heads up mate but I don’t see my posts as advice - I view them as the objective opinions from someone experienced in market psychology.

There are however, a few basic tenets that green traders continually make.

Such as...

Averaging down in a losing position time and again so they end up all in with one share and compounded losses

Any trading textbook will advise you to diversify- not only in companies but in sectors. It’s madness to put all your eggs into a falling basket.

Most of the posts on this board are subjective opinions from the emotionally involved - and engender lots of desperation. That is the instinct of herd animals and one I see an abundance of here

Toff

Doyee

‘if there is an RI, there will be a discount on SP at the time and buyers will expect 20%.’

Rolls might have left it too late for an RI. The more the shareprice falls the less they’ll be able to raise.

At a one to one with SP @156 investors would have to stump up 129 for every new share to raise the required £2.5 billion

I fear they’ve left it too late - indecision may have cost shareholders everything.

The alternatives are a capital raise - where Rolls will bypass retail investors and issue new shares to institutional investors (as we’ve seen with ASOS & Wetherspoons)

Or bailout from the government (part - whole nationalization) in a debt for equity swop.

Toff

Still haven’t received my Shell dividend from IG. Three days overdue now. Anyone else with IG experiencing sub-standard IG service?

Never had this issue before with TDW or HL only IG

Customer service took thirty minutes to respond on the phone last night and when they did I only got through to a clueless f••ktard who couldn’t tell me a damn thing.

Toff

Bertie

“Toff, Ask those 2 executives you know how RR works”

Who said anything about knowing two senior executives?

Not me!

My copy and paste post from 12.37 today of an RNS article includes the ‘two executives’ part.

I posted it for the benefit of a moron - but overlooked the fact he couldn’t read.

Toff

Arsenal

“Toff you really are a plonker answer the question 2 senior executives ? As normal more bull—— like others on here your an absolute T—-“

Not even the grace to admit you’re wrong. That’s a sure sign of low breeding inherent in the basest of people.

Too thick to do your own research - and too vulgar to appreciate it when other posters do it for you.

I’d be really disappointed if a mob-minded-moron like yourself didn’t filter me.

Toff

OutTheGame

“Ive filtered that t$at now so don't have to suffer his gibberish delusional posts now. What a tool”

__________________

You sound like a man having a public emotional breakdown; someone who has been brought to his knees by a bad investment. What will happen when Rolls issue a cash call?

I hate to think.

The problem with bad investments is that they tie up all your money - effectively leaving you...

OutTheGame

Arsenal

“The Expert Toff has spoken ,maybe he can back his theory up with at first naming the 2 senior executives he stated the other day or is that more bull—— LOL“

Are you really that lacking in intelligence that you invest in companies and don’t bother reading RNS news items. They’re available to ANYONE.
I don’t usually bother replying to posters who are too stupid to do their own research but I’ll make an exception in your case being as you’re an Arsenal fan.

Here’s the news item - published on 21 September- updated on 22 September - available to EVERYONE - even RR shareholders.
______________________

Rolls-Royce shares sank to 16-year lows on Monday. That after it said it was considering a rights issue to raise as much as $3.2 billion. The company makes engines for airliners, military jets and ships. It says no decision has been taken about exactly how much money to raise, or by what means. Shares in the firm were down around 8% by lunchtime in Europe. They have now shed about 76% of their value this year. The slump in air travel has hit Rolls-Royce hard, as airlines pay it according to how many hours its engines fly. In August the firm said it wanted to sell turbine blade maker ITP Aero and other assets to raise around $2.5 billion. Two senior industry executives who deal with Rolls said it could look for a state bailout, or even re-nationalization. The firm was last nationalized in 1971, and then later privatized. Now the UK owns a golden share in Rolls, and its importance to exports and military technology has fueled talk of a state bailout. With public finances already strained, however, it’s not clear if there is government appetite for such a move. Meanwhile, planemakers Boeing and Airbus are both concerned about the health of a critical supplier. The Financial Times newspaper says Rolls is in talks with foreign sovereign wealth funds, including Singapore’s, over investment. But any move of that kind would need UK consent under rules which limit foreign ownership of the company.“

OutTheGame

‘The current downturn is due to uncertainty regarding funding’

That’s highly misleading. Rolls made a £5.4 billion loss in the last year. They’ve burned through £3 billion of cash in 2020 so far are are forecast to burn through another £1 billion.

The money comes off the balance sheet - leaving the company in a precarious financial position and its survival under threat. That’s why they’re planning a rights issue - which is by no means certain to succeed, or worse - re-nationalization. All that news is in the current shareprice and it could go a lot lower. You may be convincing yourself and some others on here that all is well and good at Rolls, but your claims bear no scrutiny. When companies go bust even buying in at a penny isn’t a steal.

Toff

The game

“Current price is a steal. “

How many times have I heard that diktat off clueless wannabe traders...

I’ve been reading Rolls is a steal all the way down from £8 to what it is now. Will it be a steal at £1?

What you don’t seem to know is that share trading is a ‘one shot deal’

And that’s where the bad psychology of ‘averaging down’ kicks in. Traders are annoyed they didn’t buy in cheaper - so they repeat the trade - and in falling knives like Rolls there’re only so many times you can do that before you’re all out of money - all in - and sitting on compound losses. Then you’re out the game.

OutOfTheGame would be a far more appropriate moniker for you.

Toff

Andy

I’d wait for the fog to lift over the rights issue before topping up. And you may need the money to take up the rights issue - so you should put some aside. Until Rolls’ financial precarious position is resolved I can’t see the shareprice doing anything other than falling.

I predicted 150 by the end of the week (Sunday) But next week could see it fall even further.

Toff

F**khead

“It’s always nicer profiting from a short. Especially RR that’ll pay for all that unpaid OT I did there back at the start of the millennium”

Oh yeah?
This is what I think...

The wannabe Gordon Gekko is now in damage control mode, by blaming others and making even more preposterous claims about his “success” That’s the usual trick of transgressors caught with their pants down: deny, deflect, blame some scapegoats, distract, and return under a new guise.

I suggest you go away. I’d take no pleasure in tearing you to pieces.

Toff

Trading

“Wow, I'm not gonna lie, I never expected to see one Rolls deramper take out another and actually call them a 'LIAR' and say they are full of s**t.”
__________

I don’t care what anyone’s opinion is on any share, as soon as I smell BS they lose all credibility.

I’m amazed anyone on this board takes his infantile posts seriously. He’s obviously an attention seeking narcissist who’s trying to make himself look big by pretending he’s reaping fortunes by going short.
I know the psychology of this game and that guy wouldn’t know a short from his elbow.

He’s disturbed.
And now he wants to photoshop a screenshot and fabricate an impossible trade.

If he shows his face on here again I suggest you ignore him.

As I’ll be doing...

Toff

Casa

“if RR were not screwed they are now - new rules and regs from this inept government is to stay at home and go nowhere- this is poor news for the travel industry airlines and RR/“

You can add Brexit to that list. Nothing has done our most valuable companies as much harm as that grievous self-inflicted wound.

And to add salt to the wound the government is destroying the economy to protect those who voted for it - the old economically inactive drudges.

90 percent of COVID deaths are in the over 65s
95 percent have underlying health issues - mostly aged related.

It’s not enough for them to destroy the hopes and livelihoods of the younger generations- they now want all of us to suffer for their sakes. And despite destroying the economy to protect them the younger generations will also have to pay for these worthless parasites.

Toff

Shamrock

‘Sandbar asset management who have been building a short position have closed .20% of their short’

That would account for the late afternoon rally from 157

Shorters are buyers too.

Toff

Grayling

“Oh well amongst all this gloom at least we have sunny uplands of brexit to look forward to. Taking back control of our borders, our money, our imperial destiny etc. Once we sort out these pesky europeans and show them all who am de boss it should all be plain sailing”

You’re not right in the head if you think that passes for humor. I’ve got an even lower opinion of you now.