Rolls-royce Share Discussion Threads

[cockerhoop] 17/11/2016 16:23

But generally (incorrectly imo) investors favour profits over cashflow when analyzing companies.

[cockerhoop] 17/11/2016 16:07

Profit will change, Cashflow won't. All about revenue recognition.

[careful] 17/11/2016 15:54

probably true.
under the new rules the 2015 profit would be lower.
They recognised future service earnings at the point of sale, before they had been received.
Now they must wait. In the long run it should not make much difference I would guess. Booking these revenue streams too early will not be allowed in future.

[simongn] 17/11/2016 15:42

Why ? I can see how it affects how the profits figures are arrived at and reported but the actual profit made won't change just because of a change in accounting practice, will it ?

Sell fewer engines and the profit will drop, sell more and profit goes up . . . essentially.

[careful] 17/11/2016 12:07

article on accounting methods in todays telegraph.
will significantly effect profits.

[tlobs2] 11/11/2016 14:34

Mixed fortunes in my portfolio today.


RR is quite a way short of the recent Citigroup target of 935p !!

[rogerrail] 11/11/2016 13:54

Another great decision by the UK government :



IMO they should go back and take another look at the possibility of supporting and procuring the GE/RR F-136 development engine even if the first tranche has to be the P&W. Not only should it bring manufacturing jobs to the UK if they negotiate effectively but it would remove the need to ship engines for overhaul into a dictator lead and potentially unstable country like Turkey. This is absolutely the approach we should be taking if we are to make a success of Brexit.

[simongn] 09/11/2016 14:42

Brexit situation all over again.

[tlobs2] 09/11/2016 13:36

Well, we have had worse days :-)

[erdingtonian] 07/11/2016 15:34

Good to see that Trump's 757 (RB211) and Citation X (Allison 3007C) are both R-R powered. Could be coincidence, but he was always a fan of the cars (yes, I know, different company).

[rogerrail] 07/11/2016 13:07

Agree but only as part of a diversified energy strategy including more use of renewables such as solar, wind and tidal coupled to power to gas (H2) to balance load.
Tidal and power to gas could be another two technologies where the UK could lead the world but in those areas the UK government have been a bit short sighted.

[minerve] 07/11/2016 11:55

RogerRail

That is the one I would like to see materialize. It could be the planet saver. Modular/array nuclear reactors - superb idea.

[rogerrail] 07/11/2016 11:16

Targeted investment in big money spinners is the key to ensuring the UK economoy prospers post Brexit and this one is a classic opportunity not to be missed:

[simongn] 06/11/2016 18:47

"NBAA: Rolls-Royce claims to be signing up seven in 10 operators to Corporate Care

02 NOVEMBER, 2016 BY: MURDO MORRISON ORLANDO
Rolls-Royce claims it is signing up seven in 10 new business jets fitted with its engines for its Corporate Care fixed-cost maintenance programme, with owners of more than 2,000 aircraft now enrolled. That is almost four times the number of just over a decade ago."

More:

[simongn] 06/11/2016 18:45

"Cash now a positive for Rolls-Royce reckons Citigroup

10:41 04 Nov 2016
Citi has set a new target price 935p, driven by long-term cash generation potential"

More:

[minerve] 06/11/2016 12:25

Increased my holding on the 3rd. May add more this week on market weakness/volatility.

[minerve] 06/11/2016 12:24

In all the excitement (or bore) of the US election did everyone miss the broker upgrade:

November 2016
Citigroup 04/11
Upgrades

Neutral

Buy
935.00p

[standish11] 02/11/2016 19:29

Rolls-Royce has won a $700m order from China Southern for Trent 700 engines to power ten Airbus A330 aircraft. The order includes TotalCare® long-term engine service support.
The order was signed today at Zhuhai Airshow by Li Ming, Vice President of Maintenance and Engineering Department, China Southern, and Paul Hallam, Rolls-Royce, Vice President, Greater China – Civil Aerospace. The signing was witnessed by Li Tongbin, Executive Vice President, China Southern, and Paul Freestone, Rolls-Royce, Senior Vice President, Customers – Civil Aerospace.
The agreement confirms the Trent 700 as the overwhelming engine of customer choice in Greater China, with a market share of close to 90%.
Li Tongbin said: “We have been impressed with Rolls-Royce engine performance in service and look forward to further developing our relationship with this latest order. Rolls-Royce has an important role to play in supporting our fleet growth.”

Clearly the best engine option so no financial or other inducements required!

[warranty] 02/11/2016 04:13

Wonder how much was spent of license payers money on flying Panorama personnel round the world making this ridiculous programme which produced evidence of absolutely nothing. Everything was speculation and not worth showing. As grahamburn says, how many meals and other inducements did he provide to the "whistle blowers" to produce this programme?

[rogerrail] 01/11/2016 12:29

"France will gladly step in where we might fear to tread."

exactly.

One has to wonder about the French dealings concerning the Indian MMRCA contract for 126 fighter jets which the Rafale won against the Eurofighter which was the overwhelming favorite. The Indian government had to subsequently cancel the award when Dassault would not agree to the significant offset terms of the contract award which would have been well understood prior to them bidding. Even then they were given quite substantial sweetener with an order for 36 entirerly French built Rafales

[grahamburn] 01/11/2016 10:19

Yesterday afternoon on here I predicted before the Panorama programme that it would be "fairly lightweight".

That was confirmed very early on when Richard Bilton casually said that Rolls Royce Cars had been sold to BMW. Really? Now when did BMW acquire the "marque"? 2003. When was Rolls Royce Cars hived off from Rolls Royce Engines? When the latter was nationalised back in 1973.

If he couldn't get that right, I was sure that the rest of his "facts" would probably be suspect. So it turned out to be, as has been pointed out by others above, though there were other examples in the programme as well.

Ignoring everything else, and at a very basic level I wonder how many meals he has bought people to "encourage" them to talk about possible unsubstantiated claims against the various targets he has had in the past couple of years on Panorama. He probably wouldn't realise that in some people's eyes that is similar issue to buying someone a leather jacket, but he believes that a free jacket is wrong whilst a free meal and a drink etc is OK.