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Share Name | Share Symbol | Market | Stock Type |
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Rolls-royce Holdings Plc | RR. | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
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411.70 | 409.20 | 415.70 | 405.70 |
Industry Sector |
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AEROSPACE & DEFENCE |
Top Posts |
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Posted at 25/4/2024 08:18 by foreverbull Https://www.thetimes |
Posted at 17/3/2024 22:41 by trovax HTTPS://www.rolls-ro |
Posted at 20/2/2024 09:23 by cevodniya Nobbygnome, Sheedy isn't short at 3.10.He never shorts. Him and his aliases are simply trolls who inhabit the same threads an attempt to influence naive investors or inexperienced investors with what yhey perceive to be some sort of experience analysis. It's simply a game they play on RR, SYME, Metro Bank, Skin Bio, BT, ITM and a few others. Daily rhetoric using a few of his aliases is his bedsit entertainment. Seriously, what are the percentile chances on a social media forum of 10 or 12 individuals all spouting the same rhetorical syntax on the same threads? It's statistically impossible. The syntax is the same as an individual morse key operator who can easily be identified regardless of the call sign used . That's Sheedy and all his aliases. He's just a very delusional individual and needs serious psychological help. |
Posted at 18/2/2024 07:14 by freddie01 Rolls-Royce eyes £1.4bn profit as turnaround continues. But could the long lost dividend return?Rolls-Royce investors will get a clear picture of the company’s turnaround under new chief Tufan Erginbilgiç when the engineering giant reports its full-year results on Thursday. Analysts are forecasting an underlying operating profit of between £1bn and £1.4bn after Erginbilgiç raised expectations in July. There is also growing speculation that Rolls-Royce could return to the dividend list after a four-year post-pandemic absence. Investors have been impressed by the new boss’s no-nonsense cost-cutting approach, as he looks to trim debts and improve profits, and both metrics will be in the spotlight next week. Increased demand for its jet engines and a boom in military spending globally have also been key to its success over the last year. Shares topped the FTSE 100 last year and it was the only stock in the UK’s headline index to have more than doubled over the past 12 months. But the City will need clarity that 2023’s remarkable turnaround will continue into 2024. Analysts are looking for hefty increases in both underlying operating profit and free cash flow, to £1.7bn and £1.6bn. By 2027, Rolls-Royce is aiming for £2.5bn to £2.8bn in underlying profit and free cash flow of £2.8bn to £3.1bn. “Rolls-Royce has gone from being a ‘burning platform,’ to use the words of chief executive Tufan Erginbilgiç, to the hottest stock in the FTSE 100,” Russ Mould, investment director at AJ Bell, said. “That gain is partly attributable to the no-nonsense self-help programme launched by Erginbilgiç since his arrival in January 2023, partly to the rebound in international travel and air traffic after the end of lockdowns, partly to the return to favour of defence-related companies and partly down to investors’ enthusiasm for the medium-term financial targets for 2027 laid down by the new boss at a meeting last November.” On Thursday’s results, he added: “Investors will also look for further reductions in net debt, helped by that free cash flow but also the planned £1bn to £1.5bn disposal programme, and be on the look-out for any updates on both Rolls-Royce’s plans for its small modular nuclear reactors and the XWB97 jet engine, which attracted criticism from Emirates when the airline explained why it had not bought any Airbus A350-1000 aircraft.” |
Posted at 16/2/2024 21:47 by thanatos abyss The stock market is being driven not by fundamentals, but by investor emotion and the fear of missing out — and a recession could send the S&P 500 plunging by as much as 30%.That's according to Paul Dietrich, the chief investment strategist of B. Riley Wealth Management, who's warned before of a recession and a bear market that could strike the economy this year. Stocks have continued to soar so far in 2024, with the S&P 500 recently surpassing the 5,000 mark for the first time ever. But investing in this kind of stock market is always a "mistake," Dietrich warned, as it's mostly being fueled by investor hype. "So many investors get caught up in the excitement, momentum, and enthusiasm of a stock market that is running like the Kentucky Derby," Dietrich said in a note last week. "It is that irrational Fear Of Missing Out, or 'FOMO,' that fuels this behavior." A closer look beneath the surface shows that not all is well in the "wonderland" economy, Dietrich added. Unemployment remains near a historic low, but has steadily ticked higher over the past year as more firms dole out pink slips. Layoffs and firings rose slightly to 1.6 million in December, according to the Bureau of Labor Statistics. Consumer spending has remained strong on paper, but there are signs that Americans are simply funding their purchases with credit card debt to fight rising inflation. Household debt now stands at a record $17.5 trillion, according to Federal Reserve data. "Similarly in 2000 and 2008, a large percentage of consumers hit their credit limits and consumer spending dropped dramatically. This cannot end well," Dietrich warned. On Thursday, retail sales logged their steepest drop in almost a year, signaling the resilience of the consumer may finally be waning. And while inflation has cooled dramatically from its highs, inflation actually hasn't been an issue in recessions spanning the last 25 years, Dietrich noted. That means the economy — and the stock market — isn't necessarily in the clear. "While inflation can exacerbate the pain of a recession, the stock market can still drop by half in a recession — even if there is no inflation," he warned, noting that the S&P 500 dropped an average 36% at the onset of a recession. "Even in a mild recession, investors holding the S&P 500 index should expect to lose over a third of their retirement investments in stocks," he warned. Other bears on Wall Street have warned of a coming recession that could derail the bull market in stocks. The odds of a recession striking in 2024 are 85%, according to one economic model, the highest odds recorded since the Great Financial Crisis in 2008. |
Posted at 01/1/2024 08:30 by foreverbull Https://www.ft.com/c |
Posted at 30/12/2023 16:52 by freddie01 The Rolls-Royce share price topped the FTSE 100 this year as investors cheered the new chief’s plan, but will the rally continue in 2024?Rolls-Royce has been the talk of the City this year as new boss Tufan Erginbilgiç seems to have engineered a remarkable turnaround in the company’s fortunes. Soaring demand for its jet engines amid a boom in travel, coupled with increasing military spending globally have been key to its success. What’s more, investors are now well behind Erginbilgiç’s no-nonsense cost-cutting approach as he looks to trim debts and improve profits. The stats speak for themselves. Since the former BP exec joined on 1 January, the stock has risen over 200 per cent. Over the past few weeks, the Rolls-Royce share price has surged a further 22 per cent. Reasons for optimism “Investors are questioning whether expectations are too high. We do not think so.” Goldman Sach’s assessment of the stock after reinstating their buy rating leaves little doubt of the optimism surrounding Rolls-Royce. Travel demand has not yet reached pre-pandemic levels and airlines are placing order after order for new aircraft. Meanwhile, global military spend is unlikely to die down any time soon amid resurgent conflict in the Middle East and the ongoing war in Ukraine. High barriers to entry mean fewer smaller competitors are sniffing around in the sector and Rolls-Royce has an enviable multi-billion order book, giving it a “good deal of future visibility” on revenues, according to Hargreaves Lansdown analysts. Brokers at JP Morgan recently lifted Rolls-Royce’s stock to overweight from neutral, raising its target price from 235p to 400p. Much of the hype around the stock’s performance has been driven by an extended period of failure before Erginbilgiç entered the stage. Rolls-Royce struggled for years under previous leadership, climaxing in a brush with bankruptcy over the pandemic. To be fair, former boss Warren East had been dealt a bad hand. He had to deal with the fallout of claims the multinational had dished out bribes to secure contracts internationally, while the FTSE-100 firm had to rely on an emergency £7bn refinancing and asset fire sale to get through pandemic lockdowns. The company survived the pandemic, but only just. Despite East’s efforts, in widely reported comments in January, Erginbilgiç said the company had been “grossly mismanaged” under previous leadership. That appears to have closed the book on one of the darkest eras in the company’s 116-year history. Will it last? Analysts have forecast earnings per share of 12.1p for 2024, higher than 2023 forecasts of 9.4p and Rolls-Royce has repeatedly upped its guidance in recent months. Erginbilgiç has pledged to deliver £2.8bn in operating profit in the medium term, with a focus on bumping up margins in the group’s civil aerospace business. Full-year operating profit for 2024 is now expected to come in at between £1.2bn and £1.4bn, up from £652m in 2022. But despite bullish forecasts, there are some potential headwinds on the horizon. Fears the travel market could dip in 2024 as pent-up demand, referring to consumers’ post-Covid desire to holiday, dries up, are not unfounded. Coupled with higher energy bills and household costs, consumers may tighten their coffers, reducing airline’s spending power for big aircraft orders. Debt also remains a key barrier. Hargreaves Lansdown analysts say Rolls has made “good headway” in pushing it lower, “but last we heard the group was still sporting a negative equity position – meaning liabilities outweigh assets – so we’re sceptical about seeing any kind of dividend this year.” “Longer term, if cash flows keep improving then there could be scope to put dividends back on the table, but as always there are no guarantees,” they added. And investors await the outcome of the UK government’s competition to build small nuclear reactors in the country. Rolls has spearheaded a British consortium designing small modular reactors (SMRs) for years and has been granted more than £200m in subsidies to develop the project. But many in the sector were surprised when ministers opened the competition worldwide, with foreign rivals including Hitachi, General Electric and Holtec now pitted against the British manufacturer. Great British Nuclear will announce which of them will receive government support by the spring of next year, with the contracts officially awarded in the summer. |
Posted at 28/12/2023 12:34 by pyglet Courtesy of Pro Active investors: Proactive Investors - Rolls-Royce Holdings PLC (LON:RR) has been the talk of the town this year.Since Tufan Erginbilgic took the helm early on in January, things could not have gone better for the FTSE 100-listed manufacturer, with the new boss's large-scale turnaround plan working wonders in reigniting enthusiasm for the stock.Indeed, Rolls-Royce is honing in on share price gains of 200% for the year.What's more, general consensus is that Rolls-Royce will keep it up in 2024, with the manufacturer having been showered in upgrades by brokers over the past month.Flying boomThe latest bout of optimism for Erginbilgic's firm came from Bank of America (NYSE:BAC) in mid-December, as analysts bumped Rolls-Royce's share price targets from 400p to 420p.Anticipating the resumption of dividend payments next year, analysts from the bank said 2024 should finally see long-haul flying hours return to pre-pandemic levels.Such a rebound would provide further fuel for Rolls-Royce, given the amount received from airlines running its engines is based on how long these are flown for.Rolls-Royce engine flying times for 2023 are expected to sit at just 87% of 2019 levels, for reference.Such positive sentiment towards Rolls-Royce is widely shared, with rating agency Fitch having raised its long term credit status from BBB to BB+ in early December on similar anticipations."Rolls |
Posted at 08/12/2023 10:35 by vlad the impaler "Notably the institutional shorters have no notifiable short interests at this time in RR.but in October private investors were 650,000,000 shares short in RR." You don't seem to read the stock loan market well Since it struck 290, I have institutional investors down as an increase short to 1.8% on RR It may be under radar, but it can't escape maths I'm afraid As for PI investors .. Now you are being naive. When did their buys or shorts ever matter |
Posted at 23/10/2023 07:35 by vikingwarrier UK News Website of the YearSubscribe now Free for one month Log in Rolls-Royce facing £350m class action lawsuit from investors Shareholders to seek compensation following 2017 bribery scandal By Luke Barr 22 October 2023 • 8:00am Rolls-Royce, the FTSE 100 engineering giant, is facing a potential legal claim from investors worth at least £350m after a bribery and corruption scandal wiped millions of pounds from the company’s value. City lawyers are working with a group of investors seeking compensation from Rolls-Royce after the bribery allegations rocked the aircraft engine maker in 2017. Shareholders are to claim that the company made misrepresentations to the market about the bribery scandal. Rolls-Royce previously agreed to a £497m settlement with the Serious Fraud Office (SFO) in a bid to draw a line under the wrongdoing. The SFO’s agreement with Rolls-Royce in 2017 covered “12 counts of conspiracy to corrupt, false accounting and failure to prevent bribery” across its aerospace and energy divisions. It said the conduct spanned three decades and took place in countries including Indonesia, Thailand, India, Russia, Nigeria, China and Malaysia. As part of its four-year inquiry into Rolls-Royce, investigators at the SFO examined claims that Rolls paid millions of pounds in bribes - or used middlemen to pay them - to win civil and military deals. Allegations included Rolls paying a $20m (£13m) bribe in return for persuading Indonesia’s flag carrier, Garuda, to buy 700 engines. ROLLS-ROYCE SHARE PRICE Line chart with 219 data points. Pence per share, year-to-date The chart has 1 X axis displaying Time. Data ranges from 2022-12-07 00:00:00 to 2023-10-20 00:00:00. The chart has 1 Y axis displaying P. Data ranges from 87.33 to 227.4. End of interactive chart. It is understood Rolls has drafted in Slaughter and May to fend off the potential litigation, using the same set of lawyers that worked on the SFO agreement. The company said it will “robustly defend” any class action, and stressed that it has not received any formal claim. Proceedings are yet to be launched but it is understood allegations could be made against Rolls’ former chief executive John Rishton, as well as former board members including Michael Terrett, Sir Simon Robertson and Colin Smith. Rolls was also found by the SFO to have falsified documents to conceal commissions in India and paid off an official working for Gazprom, Russia’s state-owned energy giant, to win a contract. Under the terms of the so-called Deferred Prosecution Agreement (DPA), which at the time was the largest-ever fine of its kind in the UK, Rolls was able to account for its “conduct without suffering the full consequences of a criminal conviction”. The company previously said it “apologised unreservedly” for the corruption, which also sparked investigations by regulators in Brazil and the United States. Rolls warned in its last annual report that the DPA, which is a voluntary arrangement to avoid potentially tougher legal penalties, could spark potential claims “from current and former investors”. Sir Brian Leveson, who oversaw the SFO investigation, said in 2017 that Rolls would have to “suffer the undeniably adverse publicity” from its DPA. David Green, a former SFO director, said at the time that it allowed “Rolls-Royce to draw a line under conduct spanning seven countries, three decades and three sectors of its business”. In Sir Brian Leveson’s 2017 judgment, he said Rolls’ conduct had “involved very senior” employees. There has been a significant overhaul of the business in recent years, after the pandemic halted long-haul overseas travel, forcing Rolls to cut thousands of jobs and raise billions of pounds to survive. Just last week the company announced it will cut up to 2,500 jobs in an effort to slash costs. The move was announced by new chief executive Tufan Erginbilgic, who took over at the start of the year and said soon after that the company was a “burning platform”. The engineer posted profits of £524m for the first half of the year, compared to a £111m loss for the same period in 2022. The company also managed to slash its debt by £500m to £2.8bn. A Rolls spokesman said: “Rolls-Royce today is a fundamentally different business. Rolls-Royce has zero tolerance for business misconduct. We have transformed our internal ethics and compliance procedures, that is why in January last year the Serious Fraud Office filed a notice releasing us from the UK Deferred Prosecution Agreement (DPA).” |
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