Rolls-royce Share Discussion Threads

[careful] 20/9/2020 10:04

70% of todays market cap to be raised.

A burden for existing shareholders if it is a straightforward rights.
Talk of a placement.
But we knew this was coming, but no doubt the shorters will be over this on Monday, and maybe a few sellers.

Buying time whilst the business is shrunk.

[alexios1201] 20/9/2020 09:55

https://www.thisismoney.co.uk/money/markets/article-8750609/amp/Rolls-Royce-set-tap-investors-2-5bn-cash-boost.html?__twitter_impression=true

[albert3591] 20/9/2020 06:47

Monday will look like last weeks IAG drop..

[creddy] 20/9/2020 01:10

Companies with more NET cash than their market cap are like gold dust. Efficient (perfect) markets normally ensure such situations don't arise. Only ever came across one such situation, nCipher, few years ago. unusually, took the market over a month to reflect true value in the company. Easy money.

Another, which turned out to be a fraud, was langbar international. Shell company which claimed to be beneficiary to 350mn cash held in Bank account in Brazil. (lol). CEO, a partner at Baker Tilley flew to Brazil with his team and issued an RNS that the cash existed and was being repatriated. Market price shot up to reflect 350mn extra cash then got suspended when the fraud transpired. CEO went to prison. If it looks/sounds too good to be true, it normally is.

I hold 3k at cost. Nursing a 33% loss now, suspect it'll be 50% paper loss on Monday.
Fortunately portfolio is only 50% invested so will hopefully make it back when vaccine comes next year.

[ny boy] 20/9/2020 00:06

Adding more, I have deep pockets, made tons on TWD, ignore stalker boy he is a complete tool too

[alexios1201] 19/9/2020 21:06

Not cash...Liquidity which is completely different thing

[enormouswillie] 19/9/2020 20:45

They have more DEBT than their market cap - that is a BIG problem!

[trikytree] 19/9/2020 20:05

Rolls has more cash than their market cap. Crazy times.

[alexios1201] 19/9/2020 19:41

https://www.rolls-royce.com/media/press-releases/2020/19-09-2020-statement-re-media-speculation.aspxRolls-Royce notes the continued media speculation regarding the possibility of the Group undertaking a fund raising.We continue to review all funding options to enhance balance sheet resilience and strength. Amongst other options, we are evaluating the merits of raising equity of up to £2.5bn, through a variety of structures including a rights issue and potentially other forms of equity issuance. Our review also includes new debt issuance.No final decisions have been taken as to whether or when to proceed with any of these options or as to the precise amount that may be raised.As we said on 27 August 2020, following rapid management actions to reduce costs and secure additional liquidity, we started the second half of 2020 with liquidity of £6.1bn (comprising £4.2bn cash at end June and a £1.9bn undrawn revolving credit facility). In addition, we finalised a £2bn undrawn term loan, partly backed by the UK Export Finance, in August. We have also launched a major restructuring of our Group, in particular our Civil Aerospace business, with forecast annualised pre-tax savings of over £1.3bn by the end of 2022. As previously announced, we have also already identified a number of potential disposals that are expected to generate proceeds of more than £2bn over the next 18 months, including ITP Aero.

[enormouswillie] 19/9/2020 19:37

One thing is for sure here, Mister Market is determined to give RR a very big slapping and they have not finished yet

[alexios1201] 19/9/2020 19:13

Massive discount expectedIAG did the Rights Issue at ~60% discount raising similar amount on 10Sep

[alexios1201] 19/9/2020 18:53

Rolls-Royce in talks with sovereign wealth funds to raise £2.5bnhttps://www.ft.com/content/6f53a18d-acd8-4a71-8902-60b1bb5f9c09

[investtofly] 19/9/2020 11:30

Won't get much backing from The Cabbage Party (Green Party) there.......

[careful] 19/9/2020 10:03

good news?
yet another desperate group begging for taxpayers cash.

Devolved leaders such as lovely Nicola.
If you think that Boris and his clowns would listen to her request.
Sturgeon making such a request reduces any chances of help. Politics is a dirty game.

[cliffv69] 19/9/2020 09:56

Sorry last link didn't go through Coronavirus: Devolved leaders urge PM to help aerospace sector https://www.bbc.co.uk/news/business-54208170

[cliffv69] 19/9/2020 09:53

Hopefully some good news https://apple.news/A_30aBl_ST3WkqjeGZ1PwjQ

[ammu12] 18/9/2020 12:34

Trade at 11:57 Buy at 188 over the ask

[nemesis6] 18/9/2020 12:20

am i missing something...£1.88??? its £1.80

[eodfire] 18/9/2020 12:19

You had better get shorting then Albert. Then you have an opportunity to make some on the way down. Risky from here though in my opinion. Good luck with your investment decisions.

[ammu12] 18/9/2020 12:00

Massive trade at 188

[albert3591] 18/9/2020 11:20

Ammu12..only an opportunity if,and a big if the share price goes up.I cannot see it,an opportunity to lose money more than the chance to make money.

[ammu12] 18/9/2020 10:43

If it doesn't herd immunity The virus impact will be minimal next year

[eodfire] 18/9/2020 10:42

If you think a vaccine will come - yes.