Rolls-royce Share Discussion Threads

[mcunliffe1] 26/9/2024 11:40

Done deal tg. 👍🍺

[thegrafter] 26/9/2024 11:09

MC your on , a pint of Guinness it is :-) I look forward to collecting my winnings ;-)

[mcunliffe1] 26/9/2024 11:02

I hope you are correct thegrafter. Really, I do.

On the SHA thread where politics and other subjects are bandied about I had a small bet with Aceuk. I won as Farage was indeed elected as an m.p. and collected my pint of Guinness when I met Ace and Alphorn in the Cotswolds recently.

Let's you and I have a 'cyber-bet' or a pint of Guinness (DGE shares now on the rise after my bet with Ace 🤣) as follows:

I suspect RR will NOT be selected as one of the two winners
You suspect RR WILL be selected as one of the two winners


I also think Holtec Britain will be selected alongside Westinghouse but not including that as part of the 'bet'.

[thegrafter] 26/9/2024 10:02

PS , the clue is in the name ,,,, Great British Nuclear ! How's this inept government going to try and say it should read Great US Nuclear and sell that to the British public ? I really don't think so .

[thegrafter] 26/9/2024 09:53

MC I beg to differ ! It would be total and utter political suicide to not pick RR as one of the winning bidders in my view . Politicians just crave power and to be re elected , and RR could prove to be the make or break deal for this government .
So my take on the two winners would be GE-Hitachi and RR ,,,,, time will tell as they say , But the Czech government had the same choice and they have gone for RR so that says a lot when we are talking about high end engineering and the track record that RR has already in SMRs.

[1carus] 26/9/2024 09:41

I just get more cynical with age.

[mcunliffe1] 26/9/2024 09:36

With three of the four contenders being US, or, in the case of GE-Hitachi part US, it's guaranteed that one of the two winners will be US connected.

I am not convinced RR will be the other. This is NOT based on their technical failings, far from it, they are probably the front-runners. I feel that in a dog fight the US often win over the UK. There's always some juicy treat dangled before us that then never materialises.

Remember, Tufan doesn't have security clearance to visit the RR reactor production facility where the Navy's reactors are produced. If their SMR is based on the same technology he'll like as not be denied access to that also. I can envisage the Americans placing security pressures on GBN and threatening withdrawal of technical support in other military areas if they aren't given what they demand.

I am cynical to the point of being semi-professional.

I suspect 1carus nailed it in post #3249

[someuwin] 26/9/2024 09:22

Seeing as contracts will be awarded to two of the four companies submitting bids and knowing very little about the relative technical or financial details of each, My betting is that politics will be the main driver here which will result in one US winner (Holtec) and one UK winner (Rolls-Royce).

[smurfy2001] 26/9/2024 09:15

UK shortlists four developers including Rolls Royce for small nuclear projects

[goodbuyexsell] 25/9/2024 22:37

We’d 11.30pm. From tonight’s Telegraph online. A US company has been knocked out of a competition to build the first mini-nuclear power plants in Britain, leaving four contenders in the running. 
Executives at NuScale Power were told on Wednesday afternoon that they had been eliminated from the small modular reactor (SMR) design competition.
The decision by officials at Great British Nuclear (GBN), a government agency, leaves four companies battling to secure support for their proposed technologies: Rolls-Royce, Westinghouse, GE-Hitachi and Holtec Britain.
Those businesses will now progress to the final stage of the process, which will see them submit “final best offers” to the Government.
GBN is then expected to announce two winners either late this year or early in 2025, with the companies then awarded sites and funding. 
Earlier this year, a sixth company, the French state-owned energy giant EDF, effectively dropped out of the contest when it decided not to submit a bid by the required deadline. 

On Wednesday, a spokesman for the Department for Energy Security and Net Zero said: “We are reversing a legacy of no new nuclear power being delivered, ensuring the long-term security of the nuclear sector.
“Small Modular Reactors will play an important role in helping the UK achieve energy security and clean power while securing thousands of good, skilled jobs.
“Four companies, confirmed by Great British Nuclear, will move to the next stage of the Small Modular Reactor competition and will be invited to enter negotiations.”
GBN is expected to formally announce the shortlist of four companies shortly.

NuScale says the Government ruled it out of the competition because it deemed its planned reactors were at an advanced stage and no longer needed support
A spokesman for NuScale also confirmed the decision. He said the company had been told it did not meet the criteria for the SMR competition as it had already begun production of its reactors and did not need support getting to market. 
The decision is a fresh blow to NuScale, which suffered another setback last November when its $1.4bn (£1bn) project to build a plant for a Utah power provider was cancelled amid spiralling costs. 
NuScale has insisted its reactors are some of the most advanced globally and that work continues in the US and other countries. 
SMRs are seen as a potential breakthrough for nuclear energy as they could cut the cost of reactors and the time needed to build them. 
They would be built in factory-produced “modules”; and then rapidly assembled on site, with supporters arguing that the ability to produce them at scale will deliver significant savings. 
The Government has not yet confirmed where the first SMRs will be built. However, GBN purchased sites in Wylfa, on the Welsh island of Anglesey; and Oldbury, Gloucestershire, earlier this year.
My calculation shows RR has a 50% chance of succeeding as two producers will be chosen.

[1carus] 25/9/2024 19:33

Unfortunately, I have never seen a weighted selective criteria matrix written to select anything that wasn't already the selection of the person setting the criteria. Why so many organisations and companies go along with the charade I don't know.

[thegrafter] 25/9/2024 17:43

MC I can almost guarantee that the response you get will be very late in coming and so vague that it will only frustrate you , but good luck in trying ! Meanwhile RR has a brilliant train MTU Oder pipeline and no doubt other train operators will be jumping on board very soon when they understand how clean these new diesel engines are , plus the 2 x MTU super yacht tie up which again is a very big market , and it's now a 50/50 chance that RR is one of the two winning bidders for SMR cash !! All in all I think it will be quite a blue day tomorrow:-))

[mcunliffe1] 25/9/2024 17:30

cheers thegrafter for that link to the report explaining NuScale are out of the running.

I plucked this out of the report:

A spokesman for NuScale also confirmed the decision. He said the company had been told it did not meet the criteria for the SMR competition as it had already begun production of its reactors and did not need support getting to market.

If this statement is true the implication appears to be that Great British Nuclear is not intent upon seeking the most cost-effective SMR supplier but rather, wishes to offer financial support to the four remaining contenders to allow any or all of them to get to a level where they could start to make the reactors.

Now, I may be viewing this wrongly but RR already make very similar reactors - they fit them in our navy's submarines. It is on this aspect that RR have held a technical lead over the other contenders for some time.

Is GBN using our taxpayer money to help US based competitors catch-up with RR?

If a contender has a viable design and one that has offers resulting in the start of production will THAT then rule the supplier out of the competition?

I think a new question via my mp to Ed Miliband may be required.

[thegrafter] 25/9/2024 16:30

SMR competition down to 4 now ;-) https://www.msn.com/en-gb/cars/news/us-firm-eliminated-from-race-to-build-britain-s-first-mini-nuclear-plant/ar-AA1rcff7

[thegrafter] 25/9/2024 15:43

Another very good MTU order in the pipeline ;-) https://www.marketscreener.com/quote/stock/ROLLS-ROYCE-HOLDINGS-PLC-4004084/news/Rolls-Royce-and-Alpha-Trains-sign-letter-of-intent-for-up-to-1-000-overhauls-of-mtu-rail-drive-syste-47937804/

[mcunliffe1] 25/9/2024 09:54

I've said it previously, and will say it again now. I do have concerns that Holtec may be attempting to position themselves as the supplier of reactors for the AUKUS deal and hence, for the general supply of the UK's naval reactors going forward.

The article (thanks thegrafter - a good read) explains how three Viginia class subs will be bought by Australia at the outset. After that, new subs will be developed in Australia and maybe the Americans are demanding Holtec provide the power units.

[steeplejack] 25/9/2024 07:20

Daily Telegraph Questor buy recommendation today.Final two paragraphs below-With the company's shares currently trading on a price-to-earnings ratio of 38.3, there is scope for them to deliver further capital growth as profits rapidly rise over the coming years. With longer-term growth opportunities present across its power systems segment and in new markets, Rolls-Royce's investment potential remains impressive.Clearly, there is scope for short-term difficulties caused by factors such as supply chain challenges and the impact of time lags following interest rate cuts. They could prompt temporary share price weakness in the coming months. But, fundamentally, the company remains sound and has a solid strategy. We remain upbeat regarding its future prospects.Questor says: buy

[thegrafter] 25/9/2024 06:20

Https://apple.news/AGuxUC7UJSNGf0MyX84sz6QLürssen, the shipyard that has built some of the world's largest and most luxurious superyachts, has teamed up with Rolls-Royce to revolutionize refits and transform yacht overhauls with sustainable upgradesSep 24, 2024 | 1:00 PM?When two forces join together, excellence is guaranteed. I'm talking about superyacht stalwarts Lürssen and Rolls-Royce, who are collaborating to revolutionize the yacht refit industry. The iconic brands have agreed to streamline the overhaul process for Rolls-Royce's mtu propulsion systems, which are a key component in most yachts built at Lürssen. This partnership not only enhances the yard's reputation but also aims to develop the international refit market.???Rolls-Royce's Power Systems division and Lürssen's Yacht Refit & Services have signed a framework agreement that formalizes their cooperation in the overhaul of MTU propulsion systems. This collaboration will significantly improve service for yacht owners. It is a crucial milestone, as many of the world's largest yachts are constructed by Lürssen, which offers refit solutions for the overhaul, modernization, and conversion of yachts up to nearly 200 meters long. Lürssen is behind sea-faring giants like 512-feet Dilbar, 446-feet Flying Fox, 466-feet Nord, and 311-feet Madsummer.The 400 feet long Kismet was delivered to sports billionaire Shad Khan early this year. Image – Lürssen?The partnership will also incorporate cutting-edge technologies to ensure sustainable yacht operations, meeting the growing demand for eco-conscious refits. Additionally, it will considerably reduce the time required for engine and propulsion system overhauls, particularly for MTU Series 4000 engines."This partnership between two premium suppliers in yacht construction and propulsion enables us to play a key role in the international market and strengthen our focus in the marine business," said Denise Kurtulus, Senior Vice President, Global Marine at Rolls-Royce Power Systems.

[anneagarg] 24/9/2024 14:27

South Yorkshire also home to forthcoming Rolls-Royce SMR factorySymca pointed out that Holtec's decision follows Rolls-Royce SMR having also chosen South Yorkshire to host its manufacturing facility for SMR modules, with an initial investment of £2.7M.https://www.newcivilengineer.com/latest/south-yorkshire-chosen-to-host-holtecs-1-5bn-smr-factory-23-09-2024/

[goodbuyexsell] 24/9/2024 08:42

L
Sale of the naval business in North America was announced last week.