Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.
I’m looking to pimp my 1998 Volvo estate.
Nodding dog on parcel shelf ,furry dice,leopard skin seat covers ,that sort of thing.
I’ll then park it on Dave Perrys drive and leak oil .
It’s all very well Perry writing to clients wringing his paper hands saying he was wrong ,there should be repercussions for his remarkably poor advice.He is supposedly a professional employed by an incredibly influential institution and to cap it all Aerospace is supposedly his area of expertise.Clients following his words of wisdom have substantially lost out ,apologies mean squat in the circumstances.The very least he can do is offer to Supersize FOC his past clients orders at his new place of employment and give free fries.
I expect to see Mr Perry in the same queue at the dole office as The Pantomime Dame Alison Rose.
Strong Hands.
IParsnip ,you overlook the need for baseload - 25% of useage and with the increased threat to our undersea cables from Uncle Vlad and his kin ,energy security is more important that ever.Keep the Faith.
Thanks for taking time to hook this out.
A LTH here , the real sustained gains will take place once the credit rating agencies reinstate Investment grade status whereupon I shall pimp my Volvo and buy the missus a new handbag .
Assuming no global event to throw a spanner in the works I’m expecting 2025/6 to be when I place my order for furry dice and a nodding dog for the rear parcel shelf.Meanwhile a little day trading to keep the grey matter interested.
Mr Cunningham suggests that the viability of the SMR project is less than convincing however appears to fail to appreciate the need for base load that wind and solar do not provide, energy security not dependent on foreign suppliers, RRs 60 plus years of experience with nuclear reactors in the most challenging of environments etc.Add to this the job creation opportunities in Red wall constituencies and extensive export opportunities for UK plc.I remain optimistic about RR role in this matter.
Mr Erginbilgic is spot on with his aim to increase the bottom line ,we all appreciate that merely focussing on turnover simply appeases the ego.I’m more comfortable now as a LTH than I’ve ever been.
The UK’s need for a secure base load has never been more urgent.Combine this with an upcoming election and the distinct likelihood that the RedWall is going to be rebuilt .
Any logical person would conclude that such an important requirement for security and homegrown employment would be given by the beleaguered Conservatives desperate for some good news to a tried and trusted major company with decades of experience with Nuclear energy generation.
If the bulk of the SMRs are not sourced from RR then one would be forced to conclude that the decision makers have flawed judgement or have considerations beyond that of the electorate they serve.Incidentially American investors would be massive beneficiaries because as we know over 70% of RR equity is US owned.
If our own Govt doesn’t buy them then why would any other ?
The B52 and FLRAA Contracts will be satisfied using American Labour within manufacturing facilities in the US so it would be disingenuous to use that as an argument against those of us angry that the Uk Government is even considering awarding contracts for SMRs to an overseas company.I am aware BTW. that over 70% of RR is owned by US Investors but am however concerned regarding the loss of potentially 40,000 jobs and UK Energy Security.Sadly our politicians and majority of business leaders have no interest in our national interests ,you only have to look at the rise of China to realise that.
The price predictions repeatedly spouted by this individual with the support of a supposedly professional organisation reminds me of a certain Roger Bootle of Capital Economics who for years predicted that the UK property market was going to collapse in an apocalyptic manner.This is a fella that earns his crust by advising institutions in order that they may take strategic decisions effecting many.I accept that such matters can be complicated but it is the total lack of humility these types exhibit unable to admit they may have got it wrong even whilst the market exposes their stupidity.If I ever met either DP or RB I hope I have my ass kicking boots on.Best wishes.
Look at Tui SP performance over the last 6 months compared to IAG ,it would appear we are due for an eye watering uplift as suggested by Liberum in February (target 220.
As my business guru used to say Lovely Jubbly!
ATB
Great news that the challenge has been rejected .
The opportunistic abuse of world stock markets by self serving institutions using the SVB collapse to cause panic is to be expected based on their previous behaviour and will pass.
RR as a longer term investment will reward us patient types handsomely .
As an aside I appreciate Mr Easts stewardship during which time many of the exciting new developments were initiated.