Now I can keep an eye on one of my monitored stocks which I'm currently in.

getting very tempted to pick them up at current lvls

but waiting for a rebound sign as i do not like catching falling knives

I'm waiting for 650p , think these have had their day in the sun for the time being.

thinking of getting in sometime today but with a tight stop (specially after this bloody week...)

More 'one off charges' (see my Feb comment) , 'higher restructuring charge' ... how long does a bleeding restructuring take ??? , 'foreign exchange negative impact' ... haven't they heard of forward contracts / hedging ???

Still in the sh.t imo.

I've had a punt @811 (SB).

so did i at 809 with a stop at 790

Espirito Santo Execution Noble Buy 809.25 1,250.00 1,250.00 Reiterates

Liberum Capital Buy 809.25 - - Reiterates

Cantor Fitzgerald Buy 809.25 1,440.00 1,440.00 Reiterates

Westhouse Securities Neutral 809.25 1,040.00 1,040.00 Retains

hope my stop is not too tight.....

changed it to 780 as stop was too tight-no more tweaking from now on though

think i had for now at least a lucky break as i just would have been stopped out before at had a rally again. time will tell......

Closed @831 +20.

nice one- i am still in though

Good luck - day trade only for me.

BG GROUP SELECTS TWELVE ROLLS-ROYCE TRENT 60 DLE PACKAGES FOR ITS LAKE CHARLES LNG EXPORT PROJECT

Rolls-Royce is proud to announce that BG Group has selected the Trent 60 DLE industrial gas turbine as the driver for the main refrigeration compressors in the proposed Lake Charles LNG Export project in Louisiana, USA.

ROLLS-ROYCE ACCELERATES COST REDUCTION
AND ANNOUNCES RESTRUCTURING

DAVID SMITH APPOINTED AS ROLLS-ROYCE CHIEF FINANCIAL OFFICER

Tenuous, but a possible benefit?

Emirates Will Buy 100 More A380s If Airbus Upgrades Model

Full Year 2014 Final Results

Group Highlights

· Record order book £73.7 billion
· Underlying revenue and profit in line with guidance
· Free cash flow £254 million (£447 million excluding the divested Energy business)
· Reported profit before tax £67 million
· Concluded the sale of the Energy business and began a £1 billion share buyback with the proceeds
· Delivered the first Trent XWB engines for launch customer Qatar Airways
· Secured an exclusive position to power the Airbus A330neo
· Launched new family of medium-speed reciprocating engines
· Payment to shareholders 23.1 pence per share, up 5%

Rolls-Royce issues mixed trading update

StockMarketWire.com

Rolls-Royce said overall, performance for 2015 for the bulk of its business is expected to be broadly in line with previous guidance. However, further deterioration in the offshore market is now expected to impact full year profit for Marine.

Guidance for 2015 revenue is unchanged for the full year. Group underlying profit before tax is now expected to be between £1,325m to £1,475m, compared to previous guidance of £1,400m to £1,550m, reflecting the deterioration in offshore.

Free cash flow for 2015 is now expected to be between £(150)m and £150m, compared to previous guidance of between £50m and £350m. Given the weaker near-term cash outlook, we will discontinue the current share buyback programme, having completed £500m of the planned £1bn programme in the first half of the year.

In Civil Aerospace, we continue to expect 2015 underlying revenue and profit within the guided range provided in February of £7,000m to £7,300m and £800m to £900m respectively.

However, we now expect the impact of reduced Trent 700 deliveries to be greater than initial estimates, reflecting further adverse developments in the demand for OE and spare engines and related pricing.

In addition, lower-than-expected demand for engines to power business jets and a softening regional aftermarket will also adversely impact profit.

These market headwinds should be balanced by good growth in our widebody aftermarket and a larger-than-expected benefit from the reversal of a balance sheet provision on the Trent 1000 launch, as a result of an expected significant improvement in operating performance, and by improved retrospective TotalCare contract profitability. The value of the provision release and contract profitability are expected together to contribute around £200m, somewhat more than previously expected.

"We now expect our Marine underlying profit to be between break even and £40m, compared to previous guidance of between £90m and £120m. We are reviewing further cost reduction and restructuring activities in Marine to improve performance which, including asset impairments, is expected to result in an exceptional charge of £70m to £100m which will be recognised outside underlying profit."

2015 Half Year

"As outlined in May, we continue to expect 2015 underlying profit before tax to be phased more to the second half than in 2014, led principally by Civil Aerospace and Power Systems. As a result, first half underlying profit before tax is expected to be between £390m and £430m, or around 30% of the full year, compared with roughly 40% in 2014. Free cash flow is expected to be between £(570)m to £(620)m compared with £(347)m in the first half of 2014.

"We will provide full details of our Interim results on 30 July."

Implications for 2016

"Taken together, the recent changes in demand and pricing for our Trent 700 programme, which is transitioning to Trent 7000, combined with the reduced demand for our business jet engines and a softer regional aftermarket, are expected to create a £300m net Civil Aerospace profit headwind into 2016.

"An improving large engine aftermarket, led by our higher installed base, and the net £90m benefit of restructuring should largely offset the likely lower level of TotalCare and other adjustments in 2016. Many of the changes will not impact cash flows and as a result cash conversion is expected to improve."

Looking Further Ahead

"The successful roll-out of new engines, led in particular by the Trent XWB, 1000 and 7000, together with a growing aftermarket, is expected to drive significant revenue growth over the next ten years as we build toward a 50% share of the installed wide-bodied passenger market.

"While the impact of the transition to the Trent 7000 has reduced Trent 700 deliveries, and held back Civil Aerospace profit in the near term, we are confident that the important investments we are making to transition our production will create a strong platform to drive customer service, improved margins and strong cash flows.

"In addition, initiatives to reduce cost and increase focus within the Marine and Power Systems businesses should help drive good performance improvements and support a growing profit contribution from our Land & Sea division as the company continues to reinforce its role as a leading provider of Better Power for a Changing World."





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