Not great news around these RR Trent engines. The price dropped a fair bit yesterday. But has recovered a bit today.
I have sold this stock 2x now lol. I had a weird feeling people were buying into it to much and what if it didn’t get the orders etc.
Seems though I’m sure I heard starmer say something about mini reactors the other day or week.
This might be one I regret but the profits were to good not to take at the time. I know we have some on here that are like 400% up
I had to go back and check my WhatsApp messages as I was told to buy but I never did! Congratulations to everyone that did though
RR is the only non-dividend paying individual stock I hold and I started buying last year as I liked their modular reactor tech.
My average price is £3.39 but I’ve continued to buy and am +54.8% up. I only top up a few shares here and there, when I have spare in the account.Will probably stop when I have say 500 shares, that’s probably the most I would risk on an individual share.
@RocketMan I hold 450 shares with an average buy of £0.7872. Currently 561% up!!
Nice man. I was near that price before when I felt like buying them this was way before RR decided to shoot up in price as well. I sold to move out the gia and bought back in then sold lol
You have went to the moon but unless something mad happens you should be good with that low of a share price
@Kiava Unfortunately i hold RR in my GIA account. After the Government changed the tax free dividend limits and CGT limits. I focused on moving high dividend paying stocks into my ISA first. Ive still not managed to move them all so will end up paying Tax on Dividends but at current rate of sale of shares i should be able to stay under the CGT threshold. I hold Darktrace and Centamin which are both being taken over and my holdings in both combined with recent sales will take me close to the CGT level.
That’s unlucky man that’s pretty much what I done I sold all my stocks and opened a isa. My thoughts were the portfolio is growing fast and soon wiolk get out of control and the goverment reducing everything more and more would put me in your situation having to deal woth tax iisues.
8 posts were merged into an existing topic: Move Cash between accounts
What next for the Rolls-Royce share price?
Technically, there are signs that the RR stock price will continue rising ahead of its November earnings. On the daily chart, it has remained above all moving averages, meaning that bulls are in control.
It has also jumped above the key resistance point at 536p, the upper side of the bullish flag pattern that has been forming. This pattern is made up of a long vertical line and a rectangle, and is one of the most bullish signs in the market.
Therefore, based on trend-following principles, there is a likelihood that the stock will continue soaring in the near term. If this happens, the next point to watch will be at 600p.
Fundamentally, however, there are concerns about the company’s valuation since its forward P/E ratio stands at 36, higher than the industry median of 23. Still, on the positive side, a discounted free cash flow (DCF) calculation shows that its fair value is 1,154p, which is about 53% above the current level.
I believe that Rolls-Royce shares will continue rising through the end of the year. Next year, however, could be different as some investors start to take profits.
Price climbing
Clever me sold about .30p ago
I reckon £6.00, that’s before the government announce SMR contract, then £15.00
I do agree with you Greg on this one as this stock is moving in the right direction under great Leadership of its CEO who has done an excellent job of reorganising and strengthening this company . RR are gaining a lot of business across the World in the SMR sector and this is the Catalyst regardless of the other sectors that they operate in that will prove to be a real Winner for the future Stock price
Our county is desperate for energy independence. Too not rely on fossil fuels. Too not scar our landscape/seas with windmills. Too not lose valuable farm land to solar panels. Too not frack.
Let’s see investment in SMR
@Greg1
I too would like to see this government invest in SMR as a safe future Power source as RR are one of the best if not THE Best in their field and they have a proven track record as well having built them for years as you say greg in our Nuclear Submarine fleet. SMR is the way forward in my view.