Rolls-royce Share Discussion Threads

[careful] 02/4/2020 10:40

ADVFN financials quote 31.7bn at end 2019.
After taking offsetting items into account cash, cash flow, stocks, debtors its it looks like about £20bn.

A bit scary in todays situation.
Company valued at below £6bn.

[tricky1992000] 02/4/2020 10:33

How much debt on the books?

[careful] 02/4/2020 10:30

There was talk of needing to improve the balance sheet before the virus panic.
RR. Must be working on these things now.

[big1day] 02/4/2020 10:07

JP Morgan are American and GE Engines are American I wonder if this is glass half empty American patriotism at work here? Yesterday Goldman Sacha ( UK) reiterate a buy but at a target price of £6.83 down from £11.60. Maybe we are approaching the bottom of the curve this week or next week I wonder! Possibility also of a cash injection from government as RR are strong partners with government but don't hold your breath there. Aircraft Industry will be needed post virus as a very important building block to support economy going forward

[crossing_the_rubicon] 02/4/2020 09:41

3 days ago Teamwork

"JPM cuts TP 235p(250p)"Underweight"

Rolls-Royce was the worst performer on the FTSE 100 as the Telegraph reported that the aerospace and defence engineer was facing a cash flow crisis due to the collapse in air travel caused by the coronavirus.

Rolls-Royce slid as the Telegraph reported that the aerospace and defence engineer was facing a cash flow crisis due to the collapse in air travel caused by the coronavirus. Also on Monday, JPMorgan cut its estimates for the European civil aerospace sector and said there is now a 75% chance that Rolls-Royce will need to issue equity. JPM also said that Standard & Poor's and possibly other ratings agencies will downgrade RR to non-investment grade.

[careful] 02/4/2020 09:05

rights issue, discounted.
probably linked to hmg loan.

[teamwork1] 02/4/2020 08:49

What do u mean

[milliecusto] 02/4/2020 08:47

Cash call likely

[teamwork1] 02/4/2020 08:18

Wtf what's happened here

[tonyslyfox] 02/4/2020 00:41

Going under the £3.00 tomorrow

[teamwork1] 01/4/2020 11:42

This might drop when dow opens

[urchin1] 01/4/2020 11:05

If it drops to 2 quid I will buy 10000 shares!

[g2theary] 01/4/2020 10:02

Should see a bounce if 300p but think it will drop through...

[teamwork1] 01/4/2020 09:21

Being serious

[teamwork1] 01/4/2020 09:17

How low will this go?

[mcbull] 31/3/2020 18:34

Imagine if they started to make RR ventilators, like Ford and Tesla?

[standish11] 31/3/2020 12:02

From Simpleflying.com.

What actions is Rolls-Royce taking?

The firm has drawn down on its liquid assets, taking a loan out for around £2.5 billion ($3 billion USD) to use as cashflow during this crisis. The company has also removed any executive bonuses and stopped dividend payments to shareholders. It is also consulting with the UK government for special allowances (not ruling out additional credit either) as it is involved with military projects for the UK Navy and Royal Air Force.


“We have a robust financial position and are closely monitoring the situation and taking prudent measures to conserve cash. Our good starting position and the measures we have taken and will continue to take, give us confidence in the ongoing financial resilience of our business.” – Rolls-Royce’s statement to The Telegraph.
The company had already sent 7,500 staff home as it shut down production lines, but it looks likely that Rolls-Royce has little wiggle room. It already downgraded its profits to a loss for the first half of 2020, due to problems with its Trent 1000 engines, and thus this new crisis could not have come at a worse time.

[careful] 31/3/2020 11:42

About time RR. management gave us an update.
Seems obvious that they will need a rights issue.
They should get on with it.

Not the time to be secretive.

[cassini] 31/3/2020 11:04

interactive investor

[careful] 31/3/2020 11:04

capital gain?
who makes gains.

[teamwork1] 31/3/2020 09:01

Barclays stockbroker