Anthony Grasso: Rolls-Royce Holding Stock Analysis - Buy Hold or Sell RYCEY Stock

1. Feb. 9, 2021

Here is the link. 

Rolls-Royce Holdings PLC is a United Kingdom-based engineering company. The Company is focused on power and propulsion systems. Its segments include Civil Aerospace, which is engaged in the development, manufacture, marketing and sales of commercial aero engines and aftermarket services; Defense Aerospace, which is engaged in the development, manufacture, marketing and sales of military aero engines and aftermarket services, and caters to sectors, including combat aircraft, trainer aircraft and helicopters; Power Systems, which is engaged in the development, manufacture, marketing and sales of reciprocating engines and power systems. Power Systems provides power solutions and complete life-cycle support under product and solution brand MTU systems. Rolls-Royce Stock Tumbles as Jet Engine Maker Warns on $2.7 Billion Cash Outflow Amid New Covid Strains -- Barrons.com However, the company is well advanced with its cost-cutting program and liquidity -- which currently stands at GBP 9 billion -- isn't currently a worry, AJ Bell investment director Russ Mould said in a research note to clients on Tuesday, adding that should provide some comfort that it can weather the current storm. DJ Rolls-Royce to Sell Bergen Engines to TMH Group for EUR150M Analysts at UBS said that domestic and intraregional traffic is set to benefit the most in the near-term, while long haul and wide-body engines should recover in 2023, and remain below 2019 levels until 2025. That will only increase pressure on Rolls-Royce management to accelerate its plans to sell assets and further shore up its balance sheet as it prepares for more turbulence ahead. Rolls-Royce Holdings PLC said Thursday that it is selling Bergen Engines to TMH Group for 150 million euros ($180.5 million) as part of its plan to become a simpler, more focused group. The British aircraft-engine maker said the sale follows a strategic review of the business announced in February 2020, and contributes toward its target to generate at least 2 billion pounds ($2.73 billion) from disposals announced in August. Rolls-Royce said it is selling the Bergen Engines medium speed gas and diesel engines business to TMH International, the international branch of Russia's TMH Group. The business generated revenue of GBP239 million in 2019. My notes:

1. 0.80/ share analyst estimated - dollar cost average to purchase
2. 2023 beyond - 3 - 5 yrs, above $10/ share
3. layoff more people, streamline the business