Positive news. Onto the next stage in GBN SMR project.
If the UK SMR projects goes to anyone other than RR. I’d be absolutely shocked. Despite being a UK company. It is best placed to take on this project.
If they win this and are successful in designing, deploying, and maintaining the SMR’s. This will only aid them in exporting SMR design/technology globally.
As Trissy08 said about SMR I to will also be shocked because in my opinion thay have years of experience and expertise in this field as proven engineering and technology thay are way ahead of rest and quite frankly Best in class to put this on show to the world as a whole new generation of Nuclear Power production and the rest will follow. I have them in my Portfolio.
@RocketMan the uk government need to recognise what they have on their hands. They need to back rolls and the SMR tech. This could be huge export opportunities. Which would be great for the UK as a whole. We could become global leaders in this area.
Sorry to hear you sold out then. Sucks when you make a call you feel was wrong. Though. You may have used those funds for positive moves elsewhere in the market. For me. I kick myself I did not double down more when RR was floating around that 60-80p mark. Oh well. Can’t grumble. I’m 200% up.
The answer to your question. I’m bullish on RR. There’s a lot of growth opportunities ie SMR’s, power systems, etc. Also. I believe they are getting back involved in the smaller jet engine market (in a partnership approach), continued lowering of debt (though, this is still too high and is a risk/red flag), improving investment grade, business restructuring, cost saving, asset sales (non core assets), leaner business, higher flying hours, increase in servicing, possible return of dividends (though, I’d prefer them to reduce debt before looking at this, personally). The ceo seems to be making the right moves.
Plus. RR are involved in the aukus deal. Rolls-Royce Submarines ltd will provide reactors for Australia’s nuclear powered submarines.
Some analysts are now rating RR as buy/strong buy with price targets of around £3-4
All looks positive.
There are obviously risks. Debt due over next few years. Potential slow down in flying hours etc.
Like I said. I just kick myself that I did not go bigger around July-sept 2022.
I guess some people had the opportunity to get in super low at 35-50p levels in sept-Oct 2020.
Though. None of us have a crystal ball. At one point RR was on the brink during pandemic. So would have been a high risk investment.
200% up is awesome, well done!
Thanks for your comment , much appreciated. I’d be more than happy with a realistic target of 375p - 400p
I’ve purchased a teeny-weeny position at 285p yesterday and looking for the Goldman Sachs’ and JP Morgan’s analyses everybody quotes without a verifiable source/reference
If would be interesting to know what made JP Morgan change their mind.
Meanwhile here is a summary of insider buying, another piece of the puzzle.
Very true. If god had wished humans should know the future, he would have already given this to him. Folks use your wisdom and experience and keep on playing your moves.
Definitely think i should have went bigger last year but I held off because ive no real clue about whats happening with SMRs. Our government seems brain dead on this issue and likely to drop the ball.
Hi @Johnboy84
As far as I can ascertain John RR are surviving potential Sites around the UK looking for suitable places to site them, if I find more information I will post it Here.
Heres hoping it pans out. I think the government is either waiting to see how RR looks with the new CEO or politics is at play here and multiple players get a piece of this pie. We are in Brexit Britain after all.
Worthwhile noting that the share price exuberance has all been down to present cash flow and consequent dividend speculation.
The SMR story has been around for years now but the city has been prudent … the SMR story doesn’t contribute to that exuberance. For starters, it is unclear how much profit would be generated for RR … the local press might not press (yeah, terrible joke) on that point too much but to get a feel have a look at https://aris.iaea.org/Publications/SMR_booklet_2022.pdf to see that the competition is large.
That was a very good read thanks to @belvedere for the information found out things that I was not aware of there is a lot more to the SMR Story anyway thanks again.