Rolls-royce Share Discussion Threads

[rogerrail] 06/7/2024 14:16

I have previously posted on this subject on this board. Keir has stated he is very supportive of SMR technology and I expect a significant announcement on firm proposals to proceed with the first two "fleets" within 100 days. That news in itself will propel the share to £6.00.

[rogerrail] 06/7/2024 14:06

Nuscale share price doing very well in the US.hTTps://www.fool.com/investing/2024/07/05/why-nuscale-power-stock-surged-another-339-in-june/Interestingly RR was part of the Nuscale team in the early days (>10yrs ago) providing the support on manufacturing aspects though I guess they have backed out as they are now direct competitors.

[mcunliffe1] 05/7/2024 12:10

It certainly would in respect of generation with emission of CO2. But, a great deal of concrete is needed no doubt and that really is quite emission unfriendly.
Overall, SMR wins as the bases for the wind turbines also use considerable amounts of concrete.

[smurfy2001] 05/7/2024 12:07

I'm not sure on the Energy policy of Labour but l know Ed Miliband is an advocate for clean energy. Would that include SMR?

[pyglet] 05/7/2024 11:48

Let's see if this new govt gives SMRs the kick that it needs and new impetus that this development is so clearly looking for.

[skinny] 04/7/2024 19:26

There is a Financial Calendar link in the header.

[thegrafter] 04/7/2024 18:08

https://apple.news/A3jyXuKb5SJGy_M_vnwcfZQ

[thegrafter] 04/7/2024 17:40

RR new SMR promo video

[bigbigdave] 04/7/2024 08:30

1st August

[noramping] 04/7/2024 08:11

Trading update expected towards the end of the month?

[freddie01] 04/7/2024 07:39

Rolls-Royce expected to provide cashflow upgrade, with dividends on horizon


Rolls-Royce Holdings PLC (LSE:RR.) first-half results are expected to see the engine maker's management upgrade guidance as airline flying hours exceed pre-pandemic levels, with analysts wondering if dividend resumption will be mentioned.

For the first four months of the year, FTSE 100 company said in April that long-term service agreement large engine flying hours (EFH) at its civil aerospace arm were 100% of the levels from 2019, and were on track for full-year levels of up to 110% of 2019 levels.

Analysts at UBS are optimistic about a guidance upgrade from Rolls to underlying profit (EBIT) and free cash flow (FCF) of £2.1-2.3 billion, above the current consensus forecast of £2 billion for both.

UBS believes the company's engines flew 99% as much as in 2019, translating to significant cash generation. "We believe expectations of an upgrade are well justified," UBS noted.

Deutsche Bank lowered its full-year EFH forecast from 108% of 2019 levels down to 106% but said its "degree of confidence in the company's ability to deliver on its transformation programme has increased".

Analysts at the German bank pointed to minor headwinds from the euro and the US dollar having both appreciated since the start of the year, weighing on Rolls' Defence and Power Systems sales and EBIT.

Improved execution under CEO Tufan Erginbilgic means Deutsche has raised its price target from 465p to 555p, citing tangible targets such as a £300 million gain from favourable hedging and £400-500 million in cash cost cuts.

Deutsche Bank speculated that dividend payments could be resumed, with next year seen as likely.

"The €550m bond repayment made in Q1-24 was the last element in place preventing Rolls-Royce from paying a dividend.

"Since we expect a net cash position as of 2025, we expect dividend payments to resume in 2025, with a 25% pay-out."

[bigbigdave] 04/7/2024 06:54

*BARCLAYS RAISES ROLLS-ROYCE PRICE TARGET TO 495 (430) PENCE - 'OVERWEIGHT'

[thegrafter] 04/7/2024 01:37

Interesting article on this Mach 25 Reaction engine, if it comes off what a machine !! Rolls Royce-backed Reaction Engines scrambles for new fundingA British company aiming to pioneer hypersonic flight and which counts Boeing and Rolls Royce Holdings among its backers is scrambling to raise new funding amid a squeeze on cashflow.Sky News has learnt that Reaction Engines, which is based in Oxfordshire, has appointed advisers to raise fresh capital.Shareholders in the company, which also include the FTSE-100 arms manufacturer BAE Systems, have been informed about the efforts to secure new money in recent weeks.Silverpeak, an advisory firm, has been appointed to orchestrate the fundraising, with the company believed to be in need of tens of millions of pounds more capital.Reaction, which was founded in 1989, is chaired by Philip Dunne, a former defence minister.A specialist in developing advanced propulsion systems, the company is developing a new type of engine aimed at powering aircraft to Mach 25 putside the Earth's atmosphere.In an update to investors, seen by Sky News, Mr Dunne said its financial performance last year had "not been in line with our forecasts".Warning that Reaction Engines would also be lossmaking this year, he added: "Although the company has a successful track record of raising capital it is clear market conditions are tougher than when we last raised new equity in 2022."In January last year, it announced it had raised £40m of additional equity, taking the total sum it had banked from investors to roughly £150m."As an emerging technology company we have always sought to be prudent in managing our costs; however, we took additional steps to control costs and focus investment in areas that will support near-term revenue generation," Mr Dunne wrote."As a result, we were able to keep the loss for 2023 broadly in line with our budget for the year.""It became apparent during [the first quarter] that there was a continuing mismatch between the resource we had added in anticipation of growth and development of the sales pipeline."He added the company's workforce had been cut earlier this year, with its leadership structure simplified.Reaction Engines' ability to attract interest and funding from some of the world's biggest aerospace companies underlines the excitement it has galvanised among both strategic and financial investors.Its shareholders also include Schroders, Baillie Gifford Asset Management and the UAE's Strategic Development Fund.Reaction Engines declined to comment on its quest for new funding.More from Sky News

[goodbuyexsell] 03/7/2024 00:12

Boeing have agreed to buy Spirit Av. But not the part `Spirit AV that produces housings for RR engine mountains.. Will RR make a bid for the remainder? Erginbilic spoke about supply chain issues at the shareholders meeting a few weeks ago. Sold 37k shares over the past three days.Until there is clarification I am out.

[pal44] 02/7/2024 19:20

Yeh. Been dropping lately and hope Datit is buying !

[vikingwarrier] 02/7/2024 18:53

Sorry forgot to add. The trend has dropped back giving a good opportunity to buy. Heck a week after top banks said 555p its dropped a pound below. Great opportunity.

[vikingwarrier] 02/7/2024 18:49

The A380 is the very best passenger plane. it just ploughs through turbulance and gives the smoothest of rides. Fly from some airports and you have the chance to not only turn left on entry but upstairs too. At present its too short so could do with a stretch and better engines.the airlines are filling them and more people want to fly.Airbus just needs to make the decision.

[lyqwyd] 02/7/2024 14:24

Roger, the number will still be zero. Airbus will not wreck a profitable business to gamble with a few more A380s. However, what may be possible, if viable, would be a retrofit programme later in the A380 lifespan which could be beneficial albeit a low volume exercise.The big prize is future volume in the narrow body market which P&W and CFM have all to themselves at the moment and as you mentioned, new designs coming along. Let's have a slice of all that!

[rogerrail] 02/7/2024 10:19

Airbus made a loss on the A380 because they did not sell enough to cover the development cost. Solution: sell more!Tooling is specific to the plane, they can't use it for other airframes.Major drawback is fuel consumption which can be mitigated by using ultrafan technology such that the fuel efficiency per passenger is competitive with the 777xLack of Production capacity ? Sorry mate you got it wrong there as well, Airbus are cutting back output on narrow body because of supply chain problems mainly with the engines,It's all about competing with and outselling Boeing in every sector, capacity can be created where its needed..In my opinion there is more likeyhood of ultrafan on an A380 platform than an Airbus narrowbody in the near future. The best hope for RR is a to get on the long range Boeing 757x/797 if it ever gets the nod, and that would be a minimum of ten years or more from the first plane delivery.

[thegrafter] 02/7/2024 08:48

Copied from the lse boards , France's EDF to redraft small modular reactor design amid cost, technology concernshttps://uk.finance.yahoo.com/news/frances-edf-drops-plans-develop-160239622.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAABLYqGo6unLnlvgEF6DSKVhpeqpxOUU4IA2ig9yoWVYCuBlDbDEk-cDDDaatfjOvF0mQBfonZKA_DNpxyWnGEdsJAnPmtP4R7dxUuW7clnqMJ6K2EnKdtyh4GQ65URYNyFZgbuSZ8TVlr83UN2KoGLHwl3fq1WkMdYN9UJpG0Ltc

[lyqwyd] 01/7/2024 16:02

Despite a couple of articles to get PR for the A380, the chances of any more being made is ZERO.1. Four engine economics don't work anymore against the twins.2. The production facilities have been reassigned to narrow body production with years of backorders.3. Tooling has been assigned elsewhere.4. Airbus are still hurting from the staggering loses incurred by the 380 programme.Ultrafan is a massive deal for RR, but time and money will be wasted talking about it for the 380. Scaling it down for the single aisle and mid size market will pay massive dividends in the future, as well as the existing market for big twins. Get on it boys!

[rogerrail] 01/7/2024 08:50

To my thinking Airbus are currently having a free ride due to the delays jn the 777x. They should have used the time to develop a competitor to the larger 777-9x as the A350-10 cannot match its seat capacity. That is either a re-engined fuel efficient A380 which trumps the 777 or a stretched A350 which would also require an engine enhancement as well as development of the airframe and has added issues for some airports and maintenance facilies due its likely length. Boeing themselves were mulling over a stretched 777-10x to compete with the A380 which considering the power of the engines required may be more problematic than a stretched A350.With the increase in air travel and constraints on aiport capacity an A380 NEO with fuel efficient ultrafan engine would imo sell very well if Airbus can make the economics work, but that is a big if.

[blackhorse23] 01/7/2024 08:11

Money moved to rank group [RNK]