We would love to hear your thoughts about our site and services, please take our survey here.
Cevodniya
I don't hold shares in RR. I sold out recently, but they are still on my watchlist as I believe they shall hold around the £3 level for the next several weeks before moving back up again. The U.S lead attacks last night was something that had the potential to pull the markets down, hence my guess. I'm glad that stability in RR has been maintained first thing this morning, along with the company I moved my money into for the next several weeks before hopefully getting back in here.
Best of luck with your investment.
An inquiry shall confirm the reason. However, if the landing aircraft was on the correct runway then most likely the smaller aircraft was incorrectly cleared to enter the live runway and line up, or the pilot of the grounded aircraft mistakenly heard an instruction to hold position and instead entered the live runway. Another possibility, which came out in a near miss investigation recently concerning a similar incident in France, is that the small aircraft was given permission to line up, the air traffic controllers got distracted, gave the larger aircraft clearance to land having forgotten about the smaller aircraft lined up. On the France incident the pilot of the smaller aircraft realised what was going on, asked the controllers if they had forgotten him, which they had, with the controllers ordering the landing aircraft to execute a go-around. The report concluded that aircraft lined up to wait should not be out of contact now for longer than 90 seconds.
I fly small aircraft for pleasure and was held to wait on one occasion for nearly 15 minutes. Throughout my wait air traffic were constantly telling me they were trying to get me away and they hadn't forgotten me. The airwaves can be constant chatter at times, especially if controllers are short staffed and with a high workload. Mistakes in the airline industry are far more frequent than most realise. Fortunately, most mistakes avoid the coming together of aircraft.
Bilbo
Not sure how many of the 26 million plus properties in the UK you refer to when you say the retrofit installations you know about are going well, but however many, I'm pleased they are going well.
I need to impress upon you that not all those who refuse to have heat pumps installed are stubborn, as you seem to imply, or fearful of the unknown and not prepared to change. I have customers who are none of the above, have money to invest, but who feel that heat pumps shall not meet their heating requirements. If current heat pumps were as good, as cheap and as convenient to install as boilers then they would be flying off the shelves.
I'm sorry you feel that those of us still using them are burning your oxygen and should be made to pay for our pollution. When it comes to what we claim to do in order to lower our carbon footprint there is usually a fair amount of hypocrisy. Take for example the demonisation of flying, contributing approximately 2.4% to global co2 emissions. Yet how many people do we hear of telling how they refuse to stream Netflix etc because the data centres contribute 2.5% to 3.7% of global co2 emissions.
Acoba clearing Sir Stephen Lovegrove to chair the consortium led by Rolls-Royce SMR next year when vying for lucrative GBR contracts in the summer of 2024 looks promising for getting the share price here up towards £3.50 sooner rather than later in my opinion.
Waccybaccy
I too have had my fingers burnt on AIM. I've never had them burnt though without knowing the greater risks over there on that other market. I think that's where the problem usually lies: investors wanting to make a shed load of money in a short space of time, but not really grasping the difference between the main market and AIM when it comes to risk. I'm in here and with Volex. Both companies going through a major restructuring by new people at the helm. Rothschild at Volex, which reassures me somewhat. Both companies diversifying, solid order books, good organic growth and both with a potential to increase by approximately 30% plus next year in my opinion.
Best of luck with your investment here.
waccybaccy
not sure if your annoyance with others promoting shares on aim on this 'sensible company forum' relates to my promotion of volex. if so, i only mentioned it because a poster asked for other shares to look out for. aim can be a **** show, as you say. however, companies have to start somewhere, and not all aim companies are to be ridiculed. it may be worth remembering rolls royce history, and how it required nationalising back in 1971 to keep it going. also, how some companies on aim, such as volex, are actually paying a dividend. something rr is, at the moment, not.
Bilbo
I've had customers take the batteries out of carbon monoxide detectors thinking they are faulty because they keep going off.
So yes, I do get your point about stupid. Unfortunately, it all has to be taken into consideration.
Must share this with you Bilbo.
I'm having a pub lunch in the lake district and I can't help but overhear the conversation on the next table.
First lady: So how's your house now?
Second lady: It's bloody freezing. I couldn't get my house above 17 sodding degrees yesterday. The hot water is bloody useless. I couldn't even have a shower.
FL: So what are you going to do?
SL: It's coming bloody out. I've asked a plumber to give me a quote to rip it out and put me a boiler back in. I wish I hadn't bloody bothered.
FL: Well they're telling us we've all got to have them.
I had to turn away to suppress my chuckling.
Bilbo
It's not just the state of the training, but the state of those on the courses. For far too long now being a tradesperson, or just doing a job where you get your hands dirty in this country, has been seen as being a failure. That's why we get mostly dross from the schools. Friends of mine who are teachers tell how those deemed to fail exams, or not do well, are steered and encouraged towards the trades. We need articulate and intelligent youngsters who know how to project themselves professionally, not the scrag ends. And as a society, we should be viewing and treating those in the trades as professionals, as they do in North America.
Whether we're talking about gas or hydrogen boilers, air source heat pumps or building houses in factories, we have a massive problem in this country implementing the transition to net zero, whether by 2050 or later.
Bilbo
Sounds about right 10 to 14 years. If they were put in correctly in the first place regarding flushing, commissioning etc, and were serviced annually and properly by engineers who had pride in their work, and customers listened to those engineers when they advised them of actions to be taken to protect the whole system and not just the boiler, then there's no reason why boilers shouldn't last thirty plus years.
You've highlighted in saying 10 to 14 years the utter lack of pride and shoddy state of our industry. God knows who you think shall train all these engineers. More perplexing is where those to be trained shall come from. To think those putting boilers in that last a mere decade shall do the training is frightening.
If the new generation heat pumps are able to get the flow temperature up to 80 degrees, as they claim, then that's great news for the UK domestic market, for that is what users in the UK desire. Actually, demand. Coupled with a government grant of £7500 there should be a queue around the block to have them installed. And therein lies the problem. I'm obviously coming at this from an installer's point of view. It's very easy to say, here's a new technology that shall work. There you go. Problem solved. All of this net zero is promised by 2050. I don't think those sitting behind desks, talking the talk, making the decisions and promises have the slightest idea ( or perhaps they do and are just paying lip service), to the magnitude of the undertaking here to meet that target. Of course, new technologies shall, over time, win over. That's inevitable. What's really laughable is this talk that heat pumps can achieve that in a domestic market by 2050. I have customers waiting until March for me to fit them a few radiators. Proving the current gas network can be utilised for hydrogen is the obvious answer to me. Gradually, over time, the percentage of hydrogen can be increased until it gets to 80% of the supply, at which point gas appliances require a simple conversion process with their injectors. As was the case in the 60s and 70s when natural gas replaced town gas. The irony being that approximately half of town gas was hydrogen. I'm not a Luddite, just a realist.