... and as well as ‘blue hydrogen’ this country is also considering / looking in to the feasibility of adding hydrogen to our domestic gas supply at a blend of 10%. It is thought that at 10% all household gas fired central heating boilers would operate without any modifications needed.
... following on from your suggestions about covering the cost of green power one of the governments proposals is to cease yearly utility bill rises (because of how much it adversely affects the elderly who only have a pension) and to add the cost on to everyone’s income tax instead... As you stated, green subsidies have been covered by charges made to conventional generation... For example over the last 4 years the government has billed power companies £40 for every tonne of coal which they have burnt but that money has depleted so a new plan is needed.
RE: Take advantage of this dip below 60p17 Oct 2020 14:54
Some negative press about Remdesivir on Thursday / Friday from the WHO (saying that it has little effect on Covid) but doesn’t seem to have affected the share price. I was kind of hoping for their to be a positive story though to give the price a boost.
If this keeps sliding it’s going to look dirt cheap soon, unless management are going to drop a bit of a bomb shell at this next update. Speaking of which, do any of you guys know when the date is for that?
Bab**** (BAB) may have had a challenging first half but Liberum says shares in the UK defence contractor are cheap.
Analyst Alex O’Hanton retained his ‘buy’ recommendation and target price of 400p on the shares, which rose 3.7% to 233.8p yesterday.
O’Hanton introduced a first-half earnings per share estimate of 15.7p, down 52% on last year and estimated £970m of debt at the group but was still positive on the defence company.
‘There is uncertainty over the budget and the integrated review may result in project delays,’ he said. ‘But we don’t believe the scare stories about, and possibly from, the army, navy, and airforce. We believe most of Bab****’s key programmes will be safe.’
He said the market was mostly concerned by a ‘major reset and the impact that might have on the balance sheet’ but a target average free cashflow yield of 24.6% was ‘too cheap’.
Well I’ve no idea what to believe anymore - myself and my wife ventured onto Nottingham at the weekend and it was very busy. People were queuing round the corner to get in Primark and Zara, the car park was busy and where we went for food (at lunchtime) didn’t have a single table free. But in the news all the cities are ghost towns... Go figure.