Rolls-royce Share Discussion Threads

[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

[alchemy] 13/9/2024 14:06

Thanks Pyglet / sorry fiolks

[pyglet] 13/9/2024 13:32

https://www.world-nuclear-news.org/articles/ge-hitachi-signs-four-mous-focusing-uk-smr-plans

[pyglet] 13/9/2024 13:31

I believe that article is 18 months old

[alchemy] 13/9/2024 13:04

https://www.gevernova.com/news/press-releases/ge-hitachi-signs-contract-for-the-first-north-american-small-modular-reactorCan't recall but above does the job.The new era should accelerate the RR ambition but will it!

[pyglet] 13/9/2024 12:19

Where did you read that Alchemy

[alchemy] 13/9/2024 12:12

Just popping in. I really want SMRs ordered. Preferably from RR. Hugely preferably. Today I read GE plus consortium seem to have eyes on orders . Any views or facts known here?

[mcunliffe1] 13/9/2024 07:22

Thanks for that link to the Merlin Skinny. And, very interesting reads from FB and thegrafter. Thanks all.

[thegrafter] 13/9/2024 06:32

Plus Boeing's troubles just keep getting worse ! Boeing workers to strike as 25% pay rise rejectedBoeing workers are to go on strike after they overwhelmingly rejected a tentative deal between union representatives and the plane maker that included a 25% pay rise.More than 30,000 workers - who produce planes including the 737 Max and 777 in the Seattle and Portland areas - are set to down their tools from midnight Pacific Time (0700 GMT) on Friday.The walkout is another setback for the firm, which is facing deepening financial losses as it struggles to repair its reputation after a series of safety issues, including two fatal crashes.It is also a major blow for Boeing's new chief executive Kelly Ortberg, who was appointed last month with a mission to turn the business around.Almost 95% of the union members who voted in the ballot rejected the pay deal, with 96% backing strike action."Our members spoke loud and clear tonight," said Jon Holden, president of the International Association of Machinists and Aerospace Workers District 751."We strike at midnight," he added.Boeing did not immediately respond to a BBC News request for comment.Earlier this week, union representatives advised members to support the tentative deal.As well as a 25% pay rise over four years, the preliminary agreement that workers rejected included a commitment from Boeing to build its next commercial plane in the Seattle area if the project started during the lifetime of the contract.The union initially targeted a number of improvements to workers' packages, including a 40% pay rise.Mr Ortberg made a last-ditch plea to workers before the vote, warning that a strike would put the company's "recovery in jeopardy". The current contract between Boeing and the unions was reached in 2008 after an eight-week strike.In 2014, the two sides agreed to extend the deal, which is due to expire at midnight on Thursday."It's never a good time for a strike, at least from the perspective of management, the current situation makes it even more problematic," said Greg Waldron, Asia Managing Editor at aviation news website FlightGlobal."Still, a great deal will depend on how long the strike lasts. Airline CEOs with 737 Maxes on order will be watching this closely," Mr Waldon added.In July, Boeing agreed to plead guilty to a fraud charge and a criminal fine of nearly $244m (£190m) in connection with the fatal crashes of two of its 737 Max planes more than five years ago.It is also facing other lawsuits and probes after a mid-air blowout in January of a door plug on a new plane flown by Alaska Airlines.On top of mounting financial losses, the plane maker has had to slow down its assembly lines due to a 737 Max production cap imposed by the US Federal Aviation Administration.Discover moreWatch on BBC iPLAYERListen on BBC SOUNDSDownload the BBC News app

[thegrafter] 13/9/2024 06:30

Great post FB , cheers !!

[foreverbull] 13/9/2024 05:43

Rolls-Royce is on a smoother flight path at lastThe UK aircraft engine manufacturer is starting to live up to its distinguished name When a Rolls-Royce engine on a Cathay Pacific Airbus A350 caught fire shortly after taking off from Hong Kong last week, the aviation industry's collective groan could be heard around the world. Shares in Rolls-Royce fell 6.5 per cent as investors worried that its recovery was in jeopardy.Happily, it appears to have been a false alarm. The problem lay with an easily-replaced fuel pipe, rather than matching the scale of an earlier flaw on the Rolls-Royce Trent 1000 engine for the Boeing 787, which cost £2bn to remedy. That emerged in 2017 and the final part is only now being certified: in aerospace, fixing failures tends to take a long time and be very costly.Rolls-Royce knows this better than most. There is no finer name in the industry, with an aircraft heritage reaching back to the Eagle engine designed by Henry Royce in 1914. But its recent history is distinctly patchy: it was nationalised in 1971 when it ran low on cash and has struggled to grow smoothly since being privatised in 1987. It has not been a Rolls-Royce operation.Small wonder that Tufan Erginbilgiç, its no-nonsense chief executive, dubbed the company a "burning platform" when he arrived in January 2023. The Erginbilgiç strategy of culling managers and raising prices has worked: "A hundred times zero is still zero," is his mantra when faced with internal calls to boost sales by signing low-margin contracts. The share price has more than quadrupled since he came. It is a remarkable turnaround. Analysts who have for decades doubted Rolls-Royce's ability to deliver on its promises have finally turned bullish. Erginbilgiç has briskly imposed private equity-style disciplines on a culture dominated by over-optimistic and financially wayward engineers, and has so far won. "He is a terrific operator, demanding and clear," says one Rolls-Royce veteran.Erginbilgiç also had impeccable timing. Not much happens quickly in the industry, and he actually inherited from his predecessor Warren East a platform that was poised for growth, having stopped burning after a critical period during the pandemic. Nick Cunningham, an analyst at Agency Partners, notes that Erginbilgiç is not only a skilled leader but a lucky general.Two cycles have worked to his advantage. One is the fact that people are flying more. Engines are often sold to airlines on lease-like contracts under which manufacturers guarantee their reliability in return for cash payments based on flying hours. Rolls-Royce makes an initial loss on selling most commercial aircraft engines and the rewards grow as they are flown.The second cycle is the maturity of its portfolio. It costs billions to design and develop a new engine and it is also expensive if one turns out to have a problem that needs a redesign (as with the Trent 1000). But after about a decade, a reliable engine becomes highly profitable. As in the music and book publishing industries, the most desirable asset is a solid backlist.Erginbilgiç can still achieve more by carrying on squeezing and avoiding further nasty surprises. The company is only now generating sufficient cash to repair its battered balance sheet and consistency carries considerable rewards. As last week's fright in Hong Kong showed, investors still do not rate Rolls-Royce as highly as rivals such as Safran and GE Aerospace: it hasn't earned respect yet.But the ultimate prize is to make it far bigger in civil aerospace, along with its defence and power systems divisions. It now has about a 50 per cent share of new engine orders for widebody aircraft such as the Airbus A350. Its challenge is the absence of Rolls-Royce engines on single-aisle jets such as the Airbus A320 and Boeing 737 Max - a larger and faster growing market.Rolls-Royce left a single-aisle engine partnership with Pratt & Whitney in 2012 because of the financial demands. It may get another chance in the 2030s on the next generation of such aircraft and it is developing a new engine technology called UltraFan. But it will need greater scale to make and overhaul so many engines, although Erginbilgiç says it would seek a partner.Turbulence does not only strike Rolls-Royce: Pratt & Whitney faces a $3bn problem with its own geared turbofan engines on Airbus aircraft. The question is whether Erginbilgiç can exploit its newfound stability not only to improve today's business but to give it as great a future as its name.He may no longer be in charge when that happens, given that he is 64. But at Rolls-Royce, a leader must both improve the platform and build another for their successor. That is now his [e-mail]

[davemac3] 13/9/2024 04:59

Has anybody got access to today’s article in the FT “Rolls Royce is on a smoother flight path at last” ?

[shaf200] 12/9/2024 19:31

Up she comes

[thegrafter] 12/9/2024 16:42

Btw the new MTU engines run nearly 90 percent clean after RR new filter systems, so the application for these beasts are endless from now on replacing older dirtier engines and of course all the new applications! I recon this arm of RR is going to be huge in the near future:-)

[thegrafter] 12/9/2024 16:37

MC my dad was in the Royal Engineers during WWII and after the war bought in an army surplus sale an RAF engineers steel work bench which is on wheels used to push out on to the runways for running repairs for the spitfires etc , and even that is built like a tank , which I still use to this day it's a marvellous piece of kit :-)