Rolls-royce Share Discussion Threads

[ny boy] 03/10/2019 12:01

Looking to buy in around 700p if possible

[nicd] 03/10/2019 10:40

With the new Boris energy, I have confidence in a few of the UK greatsHave bought a few more.

[standish11] 27/9/2019 08:10

ROLLS ROYCE: U.S. nuclear energy firm Westinghouse Electric Co said on
Thursday it would buy Rolls-Royce Holding's Civil Nuclear Systems and
Services business in North America, to boost its growth in North American and
European nuclear markets.

[careful] 20/9/2019 16:23

HP turbine and IP turbine problems.
Someone in the turbine group at Derby will be worrying.

Reducing staff headcount by retiring early some experienced, scruffy turbine engineers who have trodden the boards is all very well, makes the bottom line look better for a while, a false economy.

[hydrogen economy] 20/9/2019 07:51

"We have also taken a proactive decision to accelerate intermediate pressure turbine (IPT) blade replacement for the limited number of Package B and C engines yet to be fitted with the final standard of IPT blade", almost sounds encouraging but is presumably a response to finding that things are worse than previously thought,

"we now expect the return to single-digit level of AOGs on the Trent 1000 to be delayed until Q2 2020"

"Our guidance for the cash costs of the Trent 1000 Package B and C in-service issues in 2019 and 2020 remains as announced on 6 August 2019." - OK Cash costs no change, but will costs from customers charged back to RR or other costs increase?

Sounds like this one will run and run, which the engines unfortunately won't.



RNS Number : 0383NRolls-Royce Holdings plc




20 September 2019
TRENT 1000 UPDATE

On 6 August 2019, with our Half Year Results, we cautioned that the rate of recovery in Trent 1000 Aircraft On Ground (AOG) this year was likely to be slower than our original plans, due to the additional Maintenance Repair & Overhaul (MRO) load resulting from faster deterioration of the high pressure turbine (HPT) blade on the Trent 1000 TEN. This has remained a challenge.

Since then, we have also taken a proactive decision to accelerate intermediate pressure turbine (IPT) blade replacement for the limited number of Package B and C engines yet to be fitted with the final standard of IPT blade. This has led to additional engine removals. As a result, though we continue to work on further increasing our MRO capacity, these challenges mean that we now expect the return to single-digit level of AOGs on the Trent 1000 to be delayed until Q2 2020. We deeply regret the additional disruption that this will cause our customers and we continue to work closely with them to minimise the impact on their operations.

Our guidance for the cash costs of the Trent 1000 Package B and C in-service issues in 2019 and 2020 remains as announced on 6 August 2019.

[rayrac] 20/9/2019 07:32

Oh dear, is there a cure?

[wad collector] 11/9/2019 09:15

I think that it allows you to chose an opinion to justify your position.
I do like this sharp share price recovery , almost like August never happened.

[caradog] 10/9/2019 10:58

UBS CUTS ROLLS-ROYCE PRICE TARGET TO 1000 (1160) PENCE - 'BUY'

Which goes to show that if you ask three analysts for an opinion, you get six answers.

[careful] 03/9/2019 11:56

RR was always protected by HMG holding a golden share.
This used to restrict overseas ownership to 25%.

Has this changed?


(If Boris Johnson gets his hard Brexit, with Value Act holding a menacing holding, it could be speculative punt to assume the golden share will be removed.)

[dr_smith] 03/9/2019 11:45

Further to my post 3187 on Dafrogs question re sale of needed UK asssets, I see today on BBC business live (can't link, so copy/paste extract):

"Voices of concern are being raised about the sale of UK aerospace and defence supplier Cobham to US private equity group Advent International in a deal that values it at £4bn.

Former defence secretary Michael Heseltine has said "no other country in the world" would allow a sensitive takeover to pass without scrutiny."

So it would seem there is no mandatory mechanism for protection from sale of assets key to UK.

Dave

[thejonah] 02/9/2019 21:38

Easy 20 percent then, maybe need a bit of patience...

[heorot1] 30/8/2019 18:29

"CITIGROUP RAISES ROLLS-ROYCE PRICE TARGET TO 1220 (1155) PENCE - 'BUY'."

I bought 2 days ago @ 750.2 including dealimg & stamp duty.

[thejonah] 30/8/2019 17:33

I think its the services parts for sale. SMRs is excluded - for the reason you state

[caradog] 27/8/2019 12:54

CITIGROUP RAISES ROLLS-ROYCE PRICE TARGET TO 1220 (1155) PENCE - 'BUY'

[dr_smith] 21/8/2019 15:51

dafrog.
Good question.
I am not aware of any laws preventing foreign ownership of UK shares but at same time think UK gov can step in, but how and on what crieria I don't know and suspect if they do, it's every case on its merits and not pre-defined.

US are stopping/restricting Huawei equipment in US, allegedly on security/national interest basis, and same pricinple could be said of power generation in UK.

IMO.
Dave

[dafrog] 21/8/2019 15:34

Why do UK companies sell such strategic assets. We need nuclear power.

[standish11] 21/8/2019 10:03

British aero-engine maker Rolls-Royce Holdings up 1.6% at 781.6 pence after a Sky News report says co is in talks with Framatome, majority-owned by French energy group EDF , to sell a part of its civil nuclear operations
* RR also pursuing talks to sell rest of its international civil nuclear operations to a U.S.-based private equity firm, according to Sky News...
* Sale of the two parts expected to be for around 200 mln stg, the report says.

[careful] 14/8/2019 18:56

Trent engines are modulated.
So whole new engine is unlikely to be needed just the problem module.

Still expensive, but the main task is to diagnose and cure the problem.
Failures rarely come one at a time.

Disappointing that the design, test, development cycle did not find this.
But there is no substitute for actual service.

[jackdaw4243] 14/8/2019 18:45

Could be looking at a few/many aircraft on the ground with "Off Wing" replacements at serious money .

[jackdaw4243] 14/8/2019 14:15

Careful

So that's the problem they are having with the Trent 1000.

[careful] 14/8/2019 14:04

'glowing pieces of metal' suggest a turbine blade.

[buywell3] 14/8/2019 14:01

Market sentiment weighing on RR IMO

[jackdaw4243] 14/8/2019 13:28

standish11

Have you any idea what the problem was with the engine, it would suggest its not the fan blades .

[jackdaw4243] 12/8/2019 15:56

Well the fast moving bits were contained.