Member Info for Trello

Present company accepted I don’t think the young who generally pillory the older generations as non green have the least idea how power hungry their modern lives are. The concept that all the power needed is to charge your handset still exists without the knowledge of just how power hungry their modern lives internet is. I sadly stopped being involved with data centre build about 10 years ago, the power requirements were horrendous then, today the equipment is way more dense and power hungry. It was always a struggle to get HV supplies and dual diverse ones even more so.

Maliketh

Sheffield forgemasters is now owned by the MOD, they've been making strategic kit for a very long time, my departed father in law used to work there. I believe the UK government always had a 'golden share' because of their strategic importance.

Nuclear in shipping is probably a no brainer, but why we didn't install RR technology in both our carriers is a question .... answers on a post card

All sounds good in theory.

Take sheffield forgemasters, energy hungry yet we've delayed SMR, we've stopped mining our own coking coal which as a country we're in plentiful supply, both resources are currently very expensive. and today we're importing over 12% of our energy on the grid.

When you read this article, in my mind written to sell wind over nuclear an understanding of why millipede is so reticent.

https://www.telegraph.co.uk/business/2024/11/29/decommissioning-old-nuclear-sites-to-cost-130bn-in-blow/

I’ve been watching for a few days now the energy matrix for the UK, strange that what should be a constant base load (nuclear) has dropped and our import from France has gone up.

A small positive article in the world of SMR

https://www.bridgwatermercury.co.uk/news/24741773.small-reactors-compensate-hinkley-point-c-delay/

Fordm -

We've just had a terrible budget, very anti growth and protectionist of the public sector and yet again SMR pushed into the long grass,for now. Private industry in the UK is about to get a deal more expensive to run in order to extend the subsidies on our net cost civil service and it's pensions, RR will be hit.

We've just had trump elected and threatening tariffs which could cost RR with it's US dealings, though there's always the possibility of a trade deal.

No-one knows what Trump will do re Ukraine, NK or China, but dealing with the latter 2 requires the first to be dealt with more by europe rather than largely relying on the largess of the US. To date, RR invested nearly $2 billion in the US and support more than 52,000 American jobs through our supply chain adding $9 billion to the US economy, so I'd suspect in reality the hit wouldn't be that bad. The markets usually do well in the first 2 years of a republican presidency, rather than the last 2 of a democratic one so we should see an uptick soon, I hope.

Personally I've a big commitment in the next 4-6 weeks and I'd certainly rather be nearer 570 than 520 ..... But I guess we just need to be uber patient, which I'm not known for.

Don't know what your on about - Google shows RYCEY @ $6.91

US potential pull backs under Trump feared I assume as he's appointing a somewhat more Russian 'friendly' in a key position. No real reason for RR and BA pull backs though as they will (and do) have long order books, though the furor around Typhoon orders prioritised (not) over further F35 orders might weigh. We need more of both and there's good export opportunities for second hand typhoons once Tempest starts to appear.

Fordm - It's a known fact that the US had to covertly buy titanium through the black market during the cold war to build the SR71 (from Russian sources) and later also the A10 which consumed significant quantities of high grade titanium, not to mention engines There are other lesser sources today, but Russia Ti was cheap and good quality, it's taking time for other sources to gear up, I assume (hope) that we'll never be held to ransom on this strategic material again.

Hard to say if it’s big holdings being offloaded or lots of small ones. It certainly looks like the latter, but then I’m not watching the trades constantly. Bit of negativity around the delays due to supply constraints largely outside RR’s control. Very hard to build up inventory (expensive) when you’re under pressure to deliver. I’m guessing that the loss of Russia as a source of titanium could be a large part of the problem?

Whats with all the W**** waving?

We're all shareholders doesn't matter how much anyones invested 1 share or 1m shares which we paid 37p for or 558p..... I've enough invested for me and that's all that counts so no intention of sharing as it's only of interest to me. Sometimes I wonder about this board, I stay for the snippets and we seem to have swapped snippets for snipes ....... at times

Sheltie

You only need to look at the history of the labour party, very anti nuclear. The problem is without it we could end up with a 'nuclear winter' only without the radiation and fallout!

Competitive tendering in my experience (I used to work on high tech bids) is that companies can't always be trusted with their compliance statements, technically or financially, we're talking big well known UK companies here, NOT RR BTW. The contracts were always very well written with the fall guys being the delivery guys not the company. What I'm saying is I'd rather trust RR with it's reputation for engineering excellence than some unknown that promises the earth and then dates and costs slip endlessly, like EDF.

Https://www.telegraph.co.uk/business/2024/11/12/the-honeymoon-is-over-for-rolls-royce-boss-turbo-tufan/

Telegraph getting in on the act re BA & Virgin gripes

RRTaf

Don't forget RR should be 'short term debt' free at the end of Feb 25, that's pretty big and will show with good FCF that the balance sheet should only get better and cover some of the longer term debt. Divi's signed off at the AGM?

Badlands - SMR will take off without this current incompetent sorry incumbent government. other countries are investing. I have a sneaking suspicion that EDF are on target to complete their survey and costings to extend the lives of our remaining old nuclear plants by ....... Spring. I've nothing to base that on other than this government wanting to be close to it's EU friends. That said if RR start the build of the Cze plants getting the build of 3gw of SMR relatively quickly might not be that big a push, but not as cheap as if we were very early in the queue!

Unfortunately I think the western press is painting the new Trump era as negative at this point, rightly or wrongly and it seems UK investors are running shy whereas the US is more bullish.

Talk of trade tariffs and of course we're still getting to grips with our own left wing big state budget which is diametrically opposed to a Trump budget. This is a huge period of uncertainty, though forcing the EU and the UK to up it's defence spending to support Ukraine should do the likes of RR, BAE, BAB, QQ etc a lot of good, most of which are inextricably link to the US military spending. That military spending isn't going away, not with a belligerent China.

According to historical data the stock market has grown for first 2 years on the election of a Republican Party and stagnates for the first 2 years of a Democrat party with the trend flipping in each case.

Trumps comment re Pumping Oil is in my mind to completely disengage from the middle east / russia dependency for the US / west, very sensible for the US.

Europe needs to stop being solely reliant on the US for it's ultimate protection. Up to the point NK entered this war it was pretty much a European war and Ukraine mainly funded by the US?? Not fair or reasonable in my mind. I really don't think NATO is in any danger, but those countries that don't meet the 2% target really need to do lots more. For European arms manufactures like BAE that's a very good thing and it's been a long time coming. Poland is showing the way and so should many other EU states.

Markets have just been crying out for clarity and stability. With an emphatic win the threats of civil unrest go away (largely) so stability should return. Apparently when a republican party is elected the first 2 years are bullish for stocks.

The Middle East and Ukraine - very unknown what will happen their, we can but wonder under a Trump presidency as he's so unpredictable. Peace returning to the World would be great

14:30 today - will America buy into RR ? or sell for profit?

Results tomorrow should be good but who knows whether we're reaching a new peak and sellers will take profit?

14 Day RSI at 80% 641.209

596.360 Price Crosses 9-18 Day Moving Average

Price 3 Standard Deviations Resistance 592.464

52-Week High 589.200

13-Week High 589.200

1-Month High 589.200

High 589.200 High

14 Day RSI at 70% 587.124

Price 2 Standard Deviations Resistance 586.507

Pivot Point 3rd Level Resistance 585.467

Last 583.200 Last

Price 1 Standard Deviation Resistance 578.743

Pivot Point 2nd Level Resistance 572.933

Low 570.000 Low

Pivot Point 1st Resistance Point 566.467