Member Info for Yanar

No it’s not. This has escalated to a dozen engineers, to the entire site. The ballot for the entire strike closes Friday this week. If there is a majority, engine build at Derby will halt. This is new development is not old news!

Looks like the entire Fan Blade manufacturing facility at Rolls Royce Barnoldswick may start industrial action from 13th August if there is a majority vote, which based on recent action seems likely.

This could have significant implications for the RR supply chain to engine build, just at the time when the company is seeing a way ahead through the pandemic. Not good.

https://www.bbc.co.uk/news/uk-england-lancashire-58149147

17 ‘SPECIALIST’ engineers - people who do a very specific role within RR are now on targeted strike action (the unions have purposely brought only these people out for a reason!) - having the very real potential to halt the entire production process. The clue is in the name ‘specialist’. Other channels now reporting same.

If just one part gets stopped in all those thousands that make an engine, it does become serious. Engine build stops.

This is a new strike that has recently emerged and not the one planned last year.

Specialist Engineers start targeted strike action, co-incident with significant SP drop. This has potential to seriously escalate.

https://www.bbc.co.uk/news/uk-england-lancashire-57888048

Reporting period profits are likely to be flattered by the step change in FX. A 5 to 10% swing in FX on sales of circa £232M should translate to break even or even a modest profit for this reporting period. If the pound/dollar hits 1.5, then we may be back to around £20M profit (as per pre-Brexit) in FY 20/21. This is probably what’s driving the SP at the moment in my opinion.

Share price here is dependent on current exchange rates. When GB/USD was circa 1.5, the business was in profit. Post leave EU vote, exchange rates hit lows of 1.2. With certainty back, current exchange rates are expected to track back to somewhere close to 1.5 again. In short this means that the overseas stock ALY will buy will be circa 25% cheaper, swinging the business back into profitability. Very strong buy for me here. I think we will see some big jumps on news.

Cavendish Asset Management Just bought 12.5M shares! Are they closing a short or buying in?

The value of the assets alone are worth 5p per share (Feb 19 interims). Then add the value of the brand and potential forward earnings - depressed currently due to the weak pound. The offer to buy LA at 2.75p is bizarre!

Flacks is having a laugh.... But let’s see what Future Group does now. They have been circling for a while?

That’s not to say a hostile one is in progress? No smoke without a fire, and all that...... SPs up 23% already.

Looks like more consolidation is happening on the high street - Laura Ashley is being taken over now?

https://www.telegraph.co.uk/business/2019/02/23/struggling-icon-laura-ashley-gets-takeover-bid/

Looks like Laura Ashley is being taken over. Wonder if Debenhams is next?

https://www.telegraph.co.uk/business/2019/02/23/struggling-icon-laura-ashley-gets-takeover-bid/

RogueRiver...... It’s a hostile bid. Let’s see how it plays. Whatever happens the SP will rise tomorrow.

This looks like a hostile bid for Laura Ashley! Looks like the bid offer will start at 12 to 15p per share (which is low imho). I think Future Group (India) will also enter the fray. This could drive the price up further! Monday and the rest of next week is going to be very interesting!

Pity the shorters who have 75m shares out on loan. They will be toast tomorrow!

Take profit. This is going back to 4p

7p next? Take profit.

8p next? Take profit while you can!

Probably be in 9p territory tomorrow? Take profit!

You need to look at the last RNS (not the chart) LOL...... it was appalling. Take profit while you still can.