||ORD SHS 20P
||EPS - Basic
||Market Cap (m)
|Aerospace & Defence
Rolls-Royce Share Discussion Threads
Showing 3076 to 3100 of 3100 messages
|The German central bank has plenty of gold but it is kept in New York.|
|Its now called Das Vertriebs- und Marketing gastfreundschaft budget|
|Don't think they have any gold left in Germany , I think they have spent it all. Nice word though.|
|In the early 70's bribes known as Schmiergeld, which rolls of the tongue nicely, were legal in Germany don't know if this is still the case since the EU.
|"realise that through their over-zealousness they are actually doing a disservice to their country?"
Probably not. It is all about self-promotion. In another life I would round them up and have them shot for treason.|
|The sad fact is that had RR not done what it did to gain orders, the company would be in an even worse state now as it would have lost out to international competition not shy of making the same under the table payments in countries where the practice is rife..
Further the record fine is an additional millstone holding back the company in sustaining and creating the high value added jobs the country so badly needs.
I heard on the radio this morning one commentator ( I think a current or previous employee of the SFO) who suggested the fine was not appropriate and the company should be subject to prosecution and sanctions, don't they realise that through their over-zealousness they are actually doing a disservice to their country?|
|News of the bigger-than-expected settlement was "negative but benign" as the authorities had agreed to allow Rolls to spread payments out over five years, said Jefferies analyst
"This is by no means a great moment in Rolls-Royce's history but in terms of a healing process, getting the SFO settled and having trading, particularly on cash flow improving, well maybe, just maybe, Rolls is on the mend," Morris said.
Rolls said in its statement on Monday that it had finished the year strongly meaning that profit and cash flow would be ahead of expectations.
The company is due to report 2016 results on Feb. 14 with the consensus forecast for annual pretax profit to halve to 686 million pounds.
East's self-help measures, which include making savings of up to 200 million pounds a year from this year, plus a positive market backdrop for aircraft engines and a helpful post-Brexit slump in the pound could all have boosted profits, said
Analysts are positive on the turnaround plan East has led at the company, which has included shedding hundreds of managers, speeding up decision-making.
"I think East's doing a really good job. He's doing all the right things," said Agency Partners analyst Nick Cunningham.|
|Typical of the mainstream media in their haste to condemn RR that they overlooked or chose to ignore the profit and cash upgrade. Warren East is clearly having a positive impact with his efforts to improve efficiency within the group.|
|We will soon be an independent nation, no having to kow to Brussels. No need to offer tenders around the EU for cheaper nations to supply us. We can build our own aircraft, ships, trains, the lot. We can offer state assistance also. Keep RR and keep BAe independent.|
|Unless HMG was really short of cash....can't imagine that situation! But politically would be a hard pill to swallow. Cameron's govt was looking at a merger with BAE at one point.|
|@tlobs2. I believe that UK government has a golden share which would block take over|
|With this uncertainty out of the way and the current Pound-Dollar exchange rate then RR must look like a very attractive takeover target.|
|It is a fine for competing. Other nations want handouts and pay them.|
|Funny old world ; a £700M get out of jail card is greeted by the market as good news. Wonder how a production line worker feels about it?|
|Now that the uncertainty around the level of the fine is out of the way, the City should now see this for the recovery story that it is &, with performance 'ahead of expectations', this should now track much higher|
|Must have been good news :-)|
|I'd assume heading to 600p quite quickly :-/|
|You can be sure of one thing and that is GE etc have all been bidding with brown envelopes. Would be interesting to see if the enquiry goes out that far or whether Rolls Royce has taken one for the team so to speak .|
|That is quite a chunk considering the current state of the company and the timing of the accounting changes.
How does one come up with such a figure?
How does a squeaky clean company (going forward) compete in a corrupt market? That is the more worrying concern for me. Do we know for sure competitors are playing the same game?|
|Bet other nations pay extras.|
|It will certainly be interesting to see how the share price reacts to the proposed settlement. Of course the alleged bribery of a Chinese executive has yet to be resolved although it has been under investegation since 2013.
On a more positive note it is reassuring that profits and cash will be ahead of market expectations.|
|$810m seems excessive.
The payments will be spread out over 5 years.
I bought some today, well timed as usual.
What will the markets think?|
|Staggering amount of penalties for bribery and corruption by intermediaries to be paid. If that's the cost of keeping the directors out of jail I'd rather they were incarcerated!|
|picked up a few more of these today.
I hope RR. have not been buying £ stirling as a hedge for their order book.
Currency losses can be huge for a company such as RR.
They seem to be inept in this area.
If the order book was un- hedged with £ stirling so low RR. should be worth double.
Heres hoping they have got it right this time.|
I detest all this internet hysteria because it really doesn't add any value to our lives and society whatsoever.
You can't fly to the US on Snap-chat and you can buy everything on Amazon elsewhere if you want to. Society gives these internet companies way too much weight. I personally like Amazon because of its ease of delivery, but Just Eat, Deliveroo and all these new travel internet companies - bin them all! They are just middle-men taking an unnecessary cut that will eventually worsen the situation for consumers or producers.
Personally, use it to your advantage to build up selective holdings in the 'old' economy. RR will come around eventually.|