Rolls-royce Share Discussion Threads

[big1day] 14/5/2020 11:49

Careful. I'm holding too but bravely averaging down, painful isn't it! Even if I'm a bit out with my figures enough cash for at least 2 years as a minimum I would think. Flights should get back to 65-80% levels by Q1 or Q2 next year and with RR aerospace downsizing should be sustainable, Trent 1000 issues will be history soon too don't forget that one. Society should gain confidence in living with disease and try to operate with new protocols. People still scared stiff at moment but confidence to resume returning slowly, My opinion only

[warranty] 14/5/2020 10:48

RR aren’t limited to aero engines even though that is currently the main earner. They can easily diversify into other areas of engineering to make up in future for the Reduction in flights. It may actually work out being a positive Over time to move into other areas?

[careful] 14/5/2020 10:44

I hope you are right Big1Day.
The share price is too low if you are correct.
I am holding and will go down with the ship if required.

[big1day] 14/5/2020 10:34

RR have access to 7.1bn cash and flying hours I estimate will be 45-50% that of previous levels average for the total year so should not burn more than 3bn this year when considering other costs and savings being made. Next year flights @ 70% guestimate but then downsized business incurring less cost so IMO plenty of cash to see them through approx 3 years plus.

[careful] 13/5/2020 22:22

HMG may end up owning RR, again.
The employees will feel more secure if this happens, as before.
As previously the shareholders will get wiped out.

RR. Would be better placed if they had not lost billions of bungling currency hedging operations.

The difference this time around is that there are dozens of previously mighty companies that need the same bailout.

[datait] 13/5/2020 22:02

Cash is king going below 50p

[blueball] 13/5/2020 19:11

stay in cash.

[bdbiometric] 13/5/2020 18:57

Emirates to resume flights from next week. Good news for Rolls Royce https://www.dailymail.co.uk/travel/travel_news/article-8315135/Emirates-resume-passenger-flights-21-nine-destinations-link-UK-Australia.html

[zee4you] 13/5/2020 15:20

Rolls will not go bust its just a matter of time when airlines are back flying and things will begin to get better. They have enough cash for the next 9 to 12 months IMHO.

[danj1975] 13/5/2020 14:51

How low will it go that's the question?

[geckotheglorious] 13/5/2020 14:10

Agree.
Rolls Royce wont go bust,unlike many airlines - but it will need a capital infusion at some point.

[sr2day] 13/5/2020 14:09

they will not go bust but massive rights issue.penny share more likely.

[johncasey] 13/5/2020 12:55

rolls will be bust by july...trust me

[cashandcard] 13/5/2020 12:38

jackdaw,


That 28bln is structured and spread over many years. No different to oil companies like pmo or tullow, billions in debt and marketcap in low hundreds of millions and largely cashburn/loss-making in these depressed times.


Cash

[prunk] 13/5/2020 12:24

It's down just because of brooker tag price!

[geckotheglorious] 12/5/2020 19:27

Most airlines are toast.

There are simply too many of them.

[minerve 2] 12/5/2020 18:05

jackdaw

"How can a company with £3.5 billion of capital"

Where does this £3.5 billion figure come from?

[johnnybling1] 12/5/2020 17:28

https://www.traveller.com.au/etihad-to-restart-melbournelondon-route-on-may-15-h1nzgz

[johnnybling1] 12/5/2020 17:27

Light at the end of the tunnel

[big1day] 10/5/2020 21:54

Lufthansa good news too.

hxxps://www.airlive.net/lufthansa-group-to-reactivate-80-aircraft-from-june/

[big1day] 10/5/2020 17:11

Qatar Airways good news.
hxxps://www.airlive.net/qatar-airways-to-resume-52-destinations-by-end-of-may-and-80-in-june/

[sr2day] 09/5/2020 15:26

Muppets,when was the last time RR made a profit or paid a dividend.