Rolls-royce Share Discussion Threads

[freddie01] 18/9/2024 18:41

Rolls-Royce SMR named as preferred supplier to build in Czechia

Rolls-Royce SMR CEO, @Chris Cholerton, said: “We welcome today’s landmark announcement by the Government of the Czech Republic and the Czech State utility, ČEZ, naming Rolls-Royce SMR as their preferred supplier for the development and construction of Small Modular Reactors (SMRs).

“This decision, to select Rolls-Royce SMR from a list of seven potential SMR technology providers, follows a rigorous evaluation process by ČEZ Group. Discussions are ongoing to finalise contract terms and the final agreements are subject to customary regulatory clearances. Details of the agreement will be published at signing.

“This important strategic partnership further strengthens Rolls-Royce SMR’s position as Europe’s leading SMR technology, and will put CEZ, Rolls-Royce SMR and its existing shareholders at the forefront of SMR deployment.

“Rolls-Royce SMRs will be a source of clean, affordable, reliable electricity for Czechia – creating jobs, enabling decarbonisation, reducing the reliance on imported energy and supporting the global effort to reach net zero.”

Great find bez_cherry.

[bez_cherry] 18/9/2024 18:09

Some very good news on SMR:-https://www.linkedin.com/posts/rolls-royce-smr_rollsroycesmr-wearesmr-smr-activity-7242202872044564480-mC8P?utm_medium=member_ios&utm_source=screenshot_social_share&utm_campaign=share_via

[mcunliffe1] 18/9/2024 09:54

And now exploding pagers in Lebanon and Syria resulting in 2,700 injuries to Hezbollah fighters. About 1 in 30 of the total. Probably officer/NCO classes who were given the pagers to replace mobile 'phones that were considered at risk of being tracked.

One finishes/one starts?

Interestingly, most of my port is down (ABDN, BATS, PHNX, LGEN, DGE) but RR is up slightly. Whilst I do not hold BAe I see that is also up. Likewise Leonardo and Rheinmetal.

[mcunliffe1] 17/9/2024 15:36

The kit that has been given to the Ukraine is never coming back. That kit, and probably far more needs to be replaced. There'll be another war undoubtedly when this is concluded and if nothing else results from this disaster it will be the obvious need for many countries to rearm - and that offers export potential to those companies in thegrafter's post #3134

[thegrafter] 17/9/2024 15:00

Oh here we go : European defence stocks slip after report Ukraine's allies start to mull ceasfire13:41* Shares in European arms makers drop, with traders citing a report that Ukraine's allies are starting to look at a ceasefire* A gauge of European aerospace and defence stocks is down 1% by 1233 GMT* Bloomberg News reported, citing people familiar with the matter, that some of Ukraine's allies are starting to talk about how a negotiated end to the conflict could take shape* Germany's Rheinmetall , Sweden's SAAB , Italy's Leonardo , France's Thales and BAE Systems are down between 2% and 4%

[thegrafter] 17/9/2024 14:56

Yes pal I don't know what's going on ?

[goodbuyexsell] 17/9/2024 14:08

CPI figures tomorrow.;

[pal44] 17/9/2024 12:35

Defence stocks just started dropping !

[davemac3] 17/9/2024 10:08

What will push this through a fiver?

[thegrafter] 16/9/2024 19:25

The full article : Rolls-Royce calls on Covid vaccine chief to drive mini-nuke rolloutSupply chain veteran Ruth Todd joins efforts to develop first commercially viable SMRsA former executive of Britain's Covid vaccine rollout has been drafted in to help Rolls-Royce turn mini nuclear power plants into reality.Ruth Todd was a programme director of the UK Vaccine Task Force during the depths of the pandemic and also served as commercial director for the Submarine Delivery Agency and HS2.From Sep 30, the logistics and supply chain veteran will join efforts at Rolls to develop the first commercially viable nuclear small modular reactors (SMRs), the company said.SMRs have been heralded as a potential breakthrough for the nuclear industry that could dramatically reduce construction times and costs with modular and factory-produced structures.While the concept is technically sound, they remain unproven on a commercial basis – with a global race now underway to demonstrate the technology can be deployed at scale.Ms Todd is taking on the role of operations and supply chain manager at Rolls-Royce SMR at a critical juncture, as the company is vying against four rivals to secure funding from the UK government agency Great British Nuclear (GBN) to demonstrate its reactor design.The others are GE Hitachi, Westinghouse, Holtec Britain and NuScale Power.Rolls described Ms Todd as a "well-known and respected major programmes professional with an impressive track record in leadership and delivery" and said her immediate focus would be on "industrialisation and scale up".During her time leading the programme to deliver a Covid vaccine to the UK, she was reportedly among officials who worked for 36 hours straight to ensure a consignment of Pfizer vaccines were safely transported from Belgium to the UK.On Monday, Ms Todd said: "We have an opportunity at Rolls-Royce SMR to transform power generation and provide clean, sustainable energy for generations to come."I am excited by the opportunity to bring my experience in infrastructure delivery to the business and support its future growth and success as we shift into a project delivery organisation at home and overseas."Rolls-Royce SMR's technology is based on the reactors Rolls already builds for the UK's military submarines, including the Astute and Dreadnought classes.But engineers are seeking to adapt the designs so that the reactors can be assembled from modular chunks which can be mass-produced in a factory. An easily-repeatable process that can be automated as much as possible is seen as critical to the success of SMRs.The ultimate goal is for the reactor modules to then be transported to a site and clicked together relatively quickly.If this can be done, supporters say the newer reactors will be much faster and cheaper to build than larger, more conventional nuclear power stations.Rolls had said it wants to get the cost of the devices, which would be capable of generating 470 megawatts of electricity, down to around £2bn to £3bn each eventually.By contrast, Hinkley Point C, the 3.2 gigawatt (GW) power station being built in Somerset by EDF, has seen its budget balloon from an initial estimate of £20bn to as much as £46bn today.Sizewell C, the large nuclear power station proposed by the Government in Suffolk, is expected to cost at least £20bn and generate 3.2 GW of electricity.Chris Cholerton, chief executive of Rolls-Royce SMR, said: "I am delighted to welcome Ruth to the team at this important time."Much of our work in recent years has been on product development and securing contract certainty – as we make meaningful progress on both, our emphasis moves to the industrialisation and significant scale-up ahead of us."Ruth's experience and expertise in complex infrastructure programmes will further strengthen our leadership team as we focus on de-risking the challenges ahead and implementing our industrialisation plan."

[thegrafter] 16/9/2024 18:44

This is a good appointment in my opinion, a couple of my contacts quite rate her so fingers crossed ! https://stocks.apple.com/AYr0f7EW9QHWZP25r7UtXQA

[thegrafter] 16/9/2024 12:21

https://www.rolls-royce.com/media/press-releases/2024/16-09-2024-rolls-royce-celebrates-t56-ae-2100-engine-milestones.aspx?utm_source=invd-cas&utm_medium=email&utm_campaign=subscribers&utm_term=&utm_content=

[eeza] 15/9/2024 18:40

Yanks pushing Miligoon to go for SMRs






And data centres

[mcunliffe1] 15/9/2024 12:10

Reasonable explanation tg. I also did think that at this point they are not paying dividends. I recall reading (on this thread) some time back that divi's cannot be paid until the debt is reduced and a credit rating granted to RR. Perhaps this in part is a signal that the board feel confident in the finances.

[thegrafter] 15/9/2024 11:28

MC it is rather coincidental I have to agree ! But I think it's more a symbolic statement at this point in time , as to start the buy backs from May , goes to show RR itself thinks that this will be a good investment over time , and at these levels it shows their view going forwards . Therefore symbolising for new investors that they should have faith too .

[mcunliffe1] 15/9/2024 09:10

Same Buyback article here thegrafter without paywall:



Having now read the brief article I have to question why RR is spending money buying its own shares when their value is quite high. It's a relatively small amount purchased in period May 23rd to June 30th; 71,000+ shares.

This is 0.000855% of the total. A drop in the ocean in effect. Also, during the period between the two dates above the share price fell.

Odd.

[thegrafter] 14/9/2024 11:31

https://www.marketscreener.com/quote/stock/ROLLS-ROYCE-HOLDINGS-PLC-4004084/news/Rolls-Royce-partnership-with-the-Azimut-Benetti-Group-47866828/

[cevodniya] 13/9/2024 20:10

Goodbye, that's not a jump mate, but still appreciated

[thegrafter] 13/9/2024 19:52

Pal it will , and if it dips then it will certainly be back and some very soon ! The two MTU contracts alone are potentially worth very big money alone ie the wind farms and the military vehicles , add to this the engine choice moving forward for the narrow body market now the CFM external fan design is in very big question now , and who the hell wouldn't want to own RR shares at the moment, I've been buying again since Monday morning;-) GLA !

[pal44] 13/9/2024 17:41

Hope it stays above £5 come Monday morning .GLA

[goodbuyexsell] 13/9/2024 15:39

Big UT buy of 12 mill shares at 4.35pm. RR price jumps to over £5.01 from £4.97 at the close.

[alchemy] 13/9/2024 14:51

I got the info from Civil Engineer by email at 10 32