Rolls-royce Share Discussion Threads

[minerve] 20/3/2016 14:22

Recent news and budget activity around Small Modular Reactors looks interesting and exciting. If we have the technology, let us seriously consider it. If Rolls-Royce can make headway here this company is looking extremely well positioned for a good long-term investment. I would like to build-up my holding but I feel the share price has got slightly ahead of itself, nothing really to substantiate this belief, just a gut feeling.

[finess] 18/3/2016 16:08

The Ripper will be out before this gets to £10.00 :-)

[wiltshireram] 18/3/2016 10:19

A big re-rating underway here. I'm looking for >£10 before year end

[simongn] 17/3/2016 23:35

"Boost for Rolls-Royce as it breaks GE's naval engine market dominance"

"Rolls-Royce will provide engines to power a giant new ship for the Italian navy, in a deal the FTSE 100 company says breaks US rival GE’s dominance of the market."

More:

[rogerrail] 17/3/2016 22:37

Nice order from Italian navy, more significant than the value of the contract would suggest

[finess] 17/3/2016 21:02

Ianood
Your are correct, Grammar School with another name.

[ianood] 17/3/2016 17:48

FINESS - I always thought it was Slough Grammar,but now I suppose it will have to be an Academy! ;))

[finess] 17/3/2016 17:00

As they say at Slough High School, "Summat Going on Ear" got back in at a touch under £7.00.

[minerve] 10/3/2016 16:04

Got to sack some managers to make way for the new director's remuneration package. ;)

[careful] 10/3/2016 15:40

any fool can make cuts.
it is developing a company that takes skill.

[simongn] 10/3/2016 15:37

"Rolls-Royce sheds another 150 managers"

"Rolls-Royce has shed a further 150 management jobs as chief executive Warren East winnows out bureaucracy at the UK jet engine maker following a string of profit warnings."

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[finess] 04/3/2016 09:07

R R at Derby have first class engineers many who came through the G I T program if that's still running. The nature of the business is such that engineers invariably get promoted, all I was saying really was management not only need to know HOW but WHY. It would appear that the middle management is being culled and a shortage on the design side

Anyway onward and upward lets see what China does to-day.

[simongn] 04/3/2016 07:28

"Rolls-Royce slashes executive perks as it aims for turnaround"

"An age of austerity has hit executive perks at Rolls-Royce, reflecting the engineering group’s rash of profit warnings and its struggle to return to profitable growth."

"It is understood that Mr East drives himself to work every day and the chauffeur is no longer employed by the company."

:-)

More:

[simongn] 03/3/2016 23:04

Perhaps this is part of the reason for today's rise ?

"Rolls Royce to play role in Trident upgrade"

"The Defence Secretary will tell MPs he is pressing ahead with work to replace the four ageing Vanguard-class submarines, with an announcement of investment on "long lead" items for the first of the new boats and funding for facilities at the shipyard in Barrow and the propulsion system at Rolls-Royce in Derby."

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[tlobs2] 03/3/2016 21:32

Let's continue the businessman vs engineer debate as we pass the £10 a share point eh lads and lasses ? :-)

[loftus16] 03/3/2016 21:27

Always felt Woodford was a little rash selling when he did. Sold at the bottom more or less calling it too.

[rogerrail] 03/3/2016 21:24

Well said Minerve . The previous CEO was a Finance guy and totally clueless. I would add to your list Nigel Stien (GKN), McMurtry (Renishaw) and J C Bamford. In my opinion an Engineering Company CEO needs to be a good businessman from an engineering background as a pre-requisite.

[minerve] 03/3/2016 20:45

FINESS

I disagree with your view about business men vs engineers. It implies that they are mutually exclusive, which they are not. Think Clive Dyson, Hossein Yassaie as two modern, quick examples.

Both business acumen and an intimate knowledge of the products and services are needed at board level. Businessmen alone will not understand the unique advantages of Rolls-Royce products and if no engineering acumen is represented at board level then that allows intangible value destruction in the business which will ultimately lead to failure.

The richest man in the world was both a businessman and an engineer.

[finess] 03/3/2016 19:26

Jefferies is a Boutique Bank more in tune with M & A and I think American with a London office.

RR is not a basket case it need business men running it not engineers , the order book is fantastic.

[mcmather] 03/3/2016 14:44

Just think East was / is doing a fair job; taken the top job, reviewed matters, identified were change was needed, made some tough decisions, etc. Not grumbling about the very recent share price increase but think the recovery had already started without the direct 'involvement' of VA.

[minerve] 03/3/2016 13:53

careful

Completely agree. I would suspect it is Valueact buying more now they feel they have got the foot through the door. It is all down to the BOD listening to the majority of investors, not just those who like throwing their toys out the pram from time-to-time .

[careful] 03/3/2016 13:43

How depressing.
This 'activist' investor clown joins the board of RR. and the share price rises.
Reminds me of when Weinstock left GEC/Marconi and the dynamic Simpson and Mayo took over.
the share price soared on their exciting plans, the city loved them.
They were shown to idiots who destroyed a steady well run company.

It is sad when it takes outsiders to make the RR. board do things they are too inept to do themselves.
I hope this lot are not agents for someone like Pratt who would love to get their hands on RR. large engine portfolio.
That would be the beginning of the end.

[tlobs2] 03/3/2016 13:34

Well done Jefferies :-)

[standish11] 03/3/2016 08:28

Broker roundup: Jefferies upgrades RR target price to 800p from 700p.