Rolls-royce Share Discussion Threads

[bez_cherry] 07/10/2024 12:12

Which pay deal? Aerospace?

[jackdaw4243] 06/10/2024 14:16

I've cleared the deck untill the pay deal is sorted.

[mcunliffe1] 06/10/2024 08:57

Seems to me that at some point RR will need to make a big decision.

They can keep waiting for GBN to grow a pair and make firm decisions on both the two chosen winners AND the locations and expected build dates for each participants SMR.

Or, they can jump fully into bed with the Czech Republic who clearly have a can-do mindset and a strong desire to claim the all critical first mover advantages of building a supply chain and reaping the employment cherry.

From an investment perspective I'd be quite happy to see the second route chosen. From a patriotic viewpoint, well, the former is preferable.

It is just unfortunate that Labour, and the Tories before them, fail to see the potential in SMR's and instead aim to do what they have always been very good at, blowing hot air but this time, into holes in the ground.

[skinny] 06/10/2024 06:57

Thanks thegrafter - .

I've also added this link to the header :-

.

[thegrafter] 06/10/2024 02:52

We have some good news regards to new share holder of RR SMR , it's the Czech government !! Czechs take stake in Rolls-Royce vehicle in boost for SMRsPartnership with Rolls-Royce consortium to build SMRs in Czech Republic to be underpinned by minority holding as engine maker vies to secure UK dealOctober 6 2024, The Sunday TimesThe Czech government is taking a minority stake in the Rolls-Royce SMR consortium, which hopes to build and sell fleets of small nuclear reactors to meet increasing demand for electricity in the 2030s.Last month, the Czech Republic announced a strategic partnership with Rolls-Royce SMR to build small modular reactors (SMRs) in the eastern European country. Rolls beat six other companies in a selection process led by Cez, the country's state-backed energy group.It has now emerged that the Czech government will take an equity stake in the Rolls consortium via Cez for an undisclosed sum, in a move that underlines its determination to advance SMR technology.Rolls-Royce SMR is majority owned by the FTSE 100 engine maker, which has a stake of about 70 per cent. Other shareholders include the Qatar Investment Authority, US energy firm Constellation and BNF Capital, an investment vehicle set up by the billionaire Perrodo family of France.It is not known how big a stake Cez will take in the SMR consortium, although it is expected to come via Rolls selling down its holding. Last year, Tufan Erginbilgic, the chief executive of Rolls-Royce, said his intention was to take the company's shareholding in the SMR business down to about 50 per cent.SMRs are scaled-down versions of traditional pressurised water reactors and are designed to be built in modules in factories and then assembled on site. This is supposed to reduce the massive costs of big new nuclear power plants.No working SMRs have yet been built globally, although scores of firms are working on versions of the technology. Governments around the world are keen to find ways to produce zero-emission energy to replace fossil fuels.Rolls-Royce, which has for decades made nuclear reactors for Royal Navy submarines, has been in the running for over a year to build a fleet of SMRs in the UK. It was one of six companies shortlisted in a competition run by Great British Nuclear (GBN), a government quango; last week, the list was whittled down to four. Industry sources expressed doubt that the winners of the SMR contest would be announced by the end of this year, as GBN had initially hoped.Rolls has always maintained that it needs to bag an order from the British government for its SMRs before selling its tech to other countries. However, it is understood that some in the company think the UK and the Czech Republic could now follow a parallel development process, as the latter is moving relatively fast on its SMR programme.A spokesman for Cez said it "can benefit from being in the picture from the early stages as Rolls-Royce SMR sets up its supply chain ... Thanks to this strategic co-operation, Cez will be able to participate not only in the development and construction of the new small modular reactor, but also become suppliers for other SMR projects."Announcing the Rolls partnership earlier this month, Petr Fiala, prime minister of the Czech Republic, said his nation was not "interested in buying small modular reactors, but rather in ... [participating] directly in their development and production, on a global scale".Fiala said the first Czech SMR would be built near Temelín in the south of the country. Discover more from The TimesDownload our appVisit our websiteTimes Money MentorTimes RadioTimes Travel

[mcunliffe1] 05/10/2024 07:41

send it to mine johnrxx99. Then he'll have two he can ignore 🤣🤣

[johnrxx99] 05/10/2024 05:19

Skinny - many thanks for the add, hilarious. I wish I had an MP to send it to.

[1carus] 04/10/2024 19:04

I may have missed it posted here, but BAe rolled out another Astute this week. Gotta be good for business and one more to deliver.

[1carus] 04/10/2024 18:59

The Grafter, My background is in avionics but have been involved in different industries the latter part of my life. I trouble shoot various things. I find a lot of people/groups are happy to pay people to deal with problems, clear up the mess, make it a cheaper process, recycle it better etc, rather than irradicate the problem in the first place. It seems obvious, but that is how it works.

[undecider] 04/10/2024 17:05

Tg, I enjoyed reading your text! To me you are educated too (no offence, lol). I loved the descriptive words you used to sum up the policy makers in this country who have no real life experience! Well said keep us amused with your analysis! Have a good weekend!

[1carus] 04/10/2024 14:58

Consider, he is putting more into CCS than supporting SMR, which could reduce Carbon considerably, not to mention make hydrogen clean. Couldn't make it up.

[freddie01] 04/10/2024 12:53

Very good Skinny

[1carus] 04/10/2024 12:33

Skinny... very timely link to the Ad. Couldn't help but laugh. You can imagine certain people when presented with the facts stick their fingers in there ears and whistle loudly. Anyway, we just closed our last coal fired station, that thing had a fortune spent on the scrubbers to clean it up. Not sure what carbon we are now supposed to be capturing. Just plant more trees, they are really good at it apparently. Bamboo and reed beds too!

[mcunliffe1] 04/10/2024 11:36

Skinny: Thank You. That Aussy Govt. Ad. link has provided me with the best laugh today. Excellent.

I am sorely tempted to send that on to my MP.

Sent it.

[goodbuyexsell] 04/10/2024 11:06

Skinny, that’s the design of the plane. No different to large Boeing or an easyjet flight. As a frequent traveller, I look for safety first. Currently, I will not travel on a Boeing plane.

[skinny] 04/10/2024 11:06

Copied from the ITM thread.

Apologies for the language Its Australian :-)

Skip the intro :-

[thegrafter] 04/10/2024 11:02

Thanks for the update MC , I had suspected as much tbh , this so called government are going to obliterate all that we have for some lunatic ideology, I think they all need to go and live on an island with nothing for a year to get their collective heads around real life ! I really am lost for words with this carbon capture nonsense when China opens a new coal power station every week ? They are total idiots ................... Full stop

[skinny] 04/10/2024 09:57

Off topic, but having been on a 737-800 twice in the last week - they really are no better than cattle trucks.

Crete was nice though :-)

[pal44] 04/10/2024 08:20

Yes Ed Miliband was on the radio this morning they seem to be planning for low carbon future but still came a row like he was still doing it on the hoof we will see in a years time

[johnrxx99] 04/10/2024 08:14

Miliplonk is just not a nuclur (US spelling) man, too many years on the picket line with his mum.

So we get billions into something that will do nothing for the UK or warming. Seems par for the current governments course.