Rolls-royce Share Discussion Threads

[albert3591] 20/9/2020 14:47

Ewillie...not looking good is it?.

[albert3591] 20/9/2020 14:40

Investtofly...exactly costs without remuneration.

[enormouswillie] 20/9/2020 13:56

Source Mail on Sunday 19 Sep 2020

[enormouswillie] 20/9/2020 13:55

In a note to clients several weeks ago, David Perry, an analyst at JP Morgan, said: 'An £8billion hole will need much more than a £1.5billion rights issue. We believe RollsRoyce needs to raise at least £6billion [through equity raise sales and disposals] to put itself on a sound financial footing.'

Perry added that the company's debt pile will be almost £19billion by the end of the year. He believes that £1.5billion may not be enough to save the firm.

The analyst suggested that Rolls-Royce needs to issue £6billion of equity and this might not be possible by just relying on institutional investors. 'We think there is a high chance of Government intervention,' he added

[ammu12] 20/9/2020 13:47

Rolls-Royce is in talks with sovereign wealth funds, including Singapore's GIC, as part of a plan to raise around £2.5bn from investors next month, according to three people with direct knowledge of the matter. The UK aero-engine group is working with bankers at Goldman Sachs on the planned equity raise as it looks to become the latest company to tap stock market investors to repair a balance sheet badly damaged by the pandemic. The group is aiming to launch the equity raise in the first weeks of October, two of these people said. As part of the talks Rolls-Royce and its bankers are in discussions with multiple sovereign wealth funds including GIC, the state fund of the island-nation where the company has significant operations.

[investtofly] 20/9/2020 11:44

Airlines like BA will rotate their fleet and will still be servicing the aircraft

[albert3591] 20/9/2020 11:20

Spares not sores.

[albert3591] 20/9/2020 11:19

No sores needed if planes aren’t flying

[albert3591] 20/9/2020 11:18

Rights issue or not,no one is going to be traveling in numbers anytime soon,I just cannot see the attraction

[alexios1201] 20/9/2020 11:15

Check IAG and how are they performing...Sp dropped 50% already since rights announced Same will happen here no doubts about that

[alexios1201] 20/9/2020 11:13

Lols at 200pRaising 70% of the current market cap at premium hahahaSunday crackers

[patientcapital] 20/9/2020 11:07

Haven't held here for a long time now. Last bought at 98p. Could well see that kind of level again. Great company operating in a very difficult market.

[careful] 20/9/2020 10:56

The speculation is a more detailed this time.
Mentioned Singapores GIC sovereign wealth fund as one of the sovereign wealth funds RR. is in talks with.

`We can all speculate that RR. would need at least £2.5bn to make a difference.

A placement of shares need not be at below todays share price.
Say 1.2 bn shares at £2.0 would be ok for everyone, including investors.

[1corrado] 20/9/2020 10:41

200p by friday.is only speculation by the media as at the moment so 200p is on the card.

[sr2day] 20/9/2020 10:34

so,under a £ soon.penny share status.has been on the cards for over six months but some stubborn punters decided to hold on to their detriment.no sympathy for those who thought everyone who was calling this lower was a fool.very expensive lesson.i am buying when they get downto under1£.everybody should.because this company will come back.

[1corrado] 20/9/2020 10:30

all this is speculation by the media and this BB read their RNS dated 16th September.

[alexios1201] 20/9/2020 10:28

Next weeks will be funAll fun until they get this £2.5Bn raise done and dusted

[sbs] 20/9/2020 10:15

Ideally a fully underwritten open offer.

[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!