Rolls-royce Share Discussion Threads

[mcunliffe1] 01/10/2024 11:06

An interesting little report about Rolls Royce in Barnoldswick.

The RB211 is named as Rolls Barnoldswick - the report suggests, amongst other issues.

[pvpower] 01/10/2024 10:07

Yes, MC, it seems our energy policy is dictated by Just Stop Oil and similiar fantasists. It's clear that Millibrain has no interest in the prosperity of this country, only in leading the world in the art of virtue signalling.

[mcunliffe1] 01/10/2024 09:34

Tyg, you are correct in respect of coal no longer generating electricity in the UK as today the last coal fired power station closes at Ratcliffe-on-Soar.

However, gas is still very much used to generate electric as there are times when it isn't sunny (night, generally 🤣 ) and windy. To maintain a semblance of remaining a first-world country we tend to burn gas to make up the shortfall.

Much of the gas arrives from the south east part of the USA in liquified form. Apparently that's far greener than pumping it out of the Irish Sea and the NOrth Sea in those dirty pipes that exist for that purpose.

[skyscraper] 01/10/2024 06:44

Rolls-Royce Holdings PLC (LSE:RR.) has reportedly moved to shut down its electrical propulsion business after failing to find a buyer.

This follows a wider restructuring effort since chief executive Tufan Erginbilgic took the helm early last year, which has seen Rolls-Royce refocus on its core businesses.

Though talks were said to be held with a potential buyer last December, aerospace publication Aviation Week reported that Rolls-Royce was now in the process of shutting down the business.

The unit had been set up in 2018 before being spun out in 2022 to focus on developing technology to electrify flight in the future.

Such technology included motors for regional aircraft, though Rolls-Royce has faced setbacks as the likes of UK-based Vertical Aerospace and Italy’s Tecnam Aircraft have ditched electric plane programs in recent years.

Rolls-Royce is yet to confirm the closure and will reportedly complete contractual work tied to the electrical propulsion wing, according to Aviation Week.

[tygarreg] 30/9/2024 22:44

They admitted on BBC news tonight that the UK now has the most expensive electricity in the developed world! We have now gone zero coal and gas and max renewable far more than most.That's what green renewable energy is costing us. So wind and solar subsidies are costing us consumers an absolute packet! Mr Starmer says it is the cheapest form of energy. He is not telling us the truth.Enter RR

[eeza] 30/9/2024 16:31

Yes, but Macron's got the right idea - unlike Milligoon & Free Gear.

[mcunliffe1] 30/9/2024 16:04

Not ideal for UK plc but perhaps not a problem for RR - beneficial perhaps.
Thanks eeza for that report.

[eeza] 30/9/2024 15:54

Telegraph



Macron lures British nuclear start-up to Paris
An advanced nuclear startup is moving its headquarters from London to Paris after complaining about a lack of support from the British Government.

Our industry editor Matt Oliver has the details:

Newcleo, an Anglo-Italian company developing a type of mini reactor that can be fuelled with reprocessed nuclear waste, announced its relocation on Monday.

The company’s switch comes after Stefano Buono, the chief executive, revealed he was personally lobbied by Emmanuel Macron, the French president, unlike the British Government which showed comparatively little interest in his business.

As a result, Newcleo has ditched plans to spread investment across the UK and France, and instead redoubled its efforts on the latter.

[thegrafter] 30/9/2024 14:48

It's still a great opportunity !! Jump on board

[eodfire] 30/9/2024 14:43

Strong performance of the share price since September 2022... Have had this on my watchlist all the way along but I didn't buy. A great opportunity missed but well done to all the holders from that low.

[elrico] 29/9/2024 17:51

A Visionary Investment Comes Good

In a display of the kind of foresight that’s as rare as hen’s teeth-nah, not really, we have a damn good record at Small Company Champion. Rolls-Royce’s share price has achieved an altitude that would make even its jet engines envious. The aerospace and defence heavyweight has seen its shares leap an impressive 5.75% to 525p as of 19th September, reaching a new 52-week high, fuelled by the latest news from its Small Modular Reactor (SMR) business. This surge was prompted by the announcement that Rolls-Royce’s SMR division has been appointed as the preferred supplier for mini-nuclear reactors by the Czech Republic’s state-owned utility, CEZ Group.

[thegrafter] 27/9/2024 23:35

Fair value 11.55 apparently !! https://finance.yahoo.com/news/rolls-royce-holdings-lse-rr-035251295.html

[cevodniya] 27/9/2024 18:14

MCunliffe1, how you live your life on a dailybasis is beyond me.
Haven't you learnt to stop worrying about something you have absolutely no influence in.
Just wait eh

[mcunliffe1] 27/9/2024 16:54

Given it's a Friday and the market is closed I'm hoping other posters will not be too upset if I extend this theme that we have been discussing thegrafter.

When I read why NuScale had been eliminated and appreciated their spokesman confirmed it to result from that company already having started production I was horrified.

If GBN continues down this path it means each remaining competitor will be reluctant to actually press ahead with production knowing they will be kicked out of the UK race.

That could allow NuScale to continue beyond the point of the other four competitors and possibly even steal the business with the Czech Rep. and perhaps even Sweden and the Netherlands.

The Czech Rep. have a contract of intent with RR - one assumes because they have decided that at this time RR are their best choice. Let's consider what the situation may be in say, six months - March 2025. NuScale have powered ahead, maybe even secured a contract in the US or elsewhere and are then offering a faster implementation for the Czech Rep. RR are unable to proceed as Ed is still undecided.

Looking at this from the British Government's point of view they can either want the best deal in terms of cost and speed of roll-out irrespective of the nationality of the provider or they want to support and nurture a British solution - RR's.

Czech Rep. appear to believe RR is the best - at this moment.

The Brit. Govt. appear to be stalling almost in order to allow other competitors to catch up. Now, that could then work from a cost viewpoint as there could then be four equally qualified contenders all bidding for the work and trying to undercut each other.

But there's a fifth possibility - NuScale. They may be by then further advanced in the roll-out, may have more orders in the pipeline and hence may even be able to offer GBN a better deal on price simply by virtue of volume. But GBN will not accept their bid because they've been disqualified from the competition.


I'm really struggling to see any sense to this.

If the funding from GBN is the carrot it will be sought possibly at the expense of accepting firm production orders NOW. If the Czech Rep. is serious in working with RR why can't the Czech's provide funding?

If RR and one other competitor are selected and GBN provides large amounts of funding - to both - wouldn't we in effect be part-funding two companies who could ultimately also sell their SMR's to other countries who have NOT part-funded them?

And the worry is, one of the two cannot be a British company and BOTH could be non-British.

I only hope my m.p. gets a sensible response back from Ed Miliband to the questions I have raised to him - updated the other day with the NuScale issue.

[thegrafter] 27/9/2024 16:10

MC fracking does have benefits without a doubt , BUT by its very nature fractured the ground beneath our feet to release the gas , and as such can accumulate those voids to cave in and case tremors. So as we are tiny land mass compared to the US where the ground tremors are only felt by the squirrels, in the UK it can get quite worrying when the house shakes , unless I'm having fun with the misses that is ;-) Then fracking is just a very hard sell to local people and always will be , so SMRs are the game changer full stop ! And I'm definitely with you on RR , but the UK decision would be a very nice thing to have and the funding that's goes with it , so the orders can't come in now until that decision is announced as RR would then be disqualified just like the last one out so far. But contracts of intent can still come in ;-)

[pal44] 27/9/2024 16:07

Can we wait till 2030s to secure energy think Ed Milliband has to come up with something early

[mcunliffe1] 27/9/2024 15:47

Hmmm! I think if you asked the average person in the street what an SMR is they'll look blank at you. As regards rolling-out SMR's as the solution to dying pensioners I think not. Even if they made a decision on two (or three) 'winners' and each started to build a working SMR it would likely be 2032-2034 before power was being produced.

If the government had a magic answer to cheap power but it would prove to be a very hard sell to convince the general public to accept such then THAT would benefit from being 'sold' on the back of saving freezing pensioners.

For example, fracking in the Bowland Trough and using the shale gas to generate power rather than using imported Liquified gas from the U.S., shipped here in tankers.

THAT would actually be a sensible move. It would help our balance of trade, it would provide energy security, it would ultimately create less pollution and less CO2 emissions and it would be less expensive.

But it'll never happen because we've been convinced by all politicians that fossil fuel is bad.....but imported fossil fuel is less bad.

If this government wanted to promote UK fracking THAT's something that could be sold to the public on the back of keeping pensioners warm.


Just in case too many of you form the opinion I am constantly pushing negative aspects of RR - far from it. I believe Tufan has smelled the coffee and he's decided to go with SMR's in other countries. On the back of the Czech deal I would expect many other foreign sales and consequently, RR will indeed start to manufacture SMR's.

I'd prefer this to happen in the UK for patriotic reasons but from a RR investment point of view I couldn't care where they are made so long as RR reaps the profits.

[johnrxx99] 27/9/2024 15:24

Rediculous number of bot trades today. Are they trying to set a record, LOL

[sdt7618] 27/9/2024 11:18

The political cynic in me would say wait till the first real cold spell Dec/Jan, pensioners unable to heat homes etc front page and then you will get the " wonder" cheap clean power system being rolled out. Of course that's just the cynic in me.

Long and short of it is they must have assessed the bids with one being told not good enough so all 4 left are potential winners, most likely come down to cost and life costings now.

[mcunliffe1] 27/9/2024 10:23

careful: I'd say the technology (of the reactor) is indeed proven in RR's case and probably for the others as well.

What is perhaps untested as yet is the construction style; building modularly off-site with transportation to site for construction. That said, pre-fab housing has been around for some time.

In respect of the sites I would have thought the existing large and old nuclear reactor sites would be an obvious choice. They clearly have the links to the grid and the employee expertise which will need a similar skillset for SMR's. The land is polluted already but clearly not to the extent that current staff are at danger and the local populace have accepted a nuclear facility close by for at least a couple, possibly three generations.

I do not understand how selecting suitable sites could therefore present ANY justifiable delay.

I'd like to think sometime this side of Christmas Ed Miliband might actually speak about SMR's.

[careful] 27/9/2024 08:20

Yes, I think that shareholders have been assuming that SMR'S were an easy passport to riches.

There will probably be a 'beauty contest' to see which provider gives the best solution.
Unproven technology is high risk, HMG will need to be cautious.

Great potential no doubt, but there is a long way to go.