The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Coal seems to be undergoing a resurgence, mainly thanks to Putin and the knock on effect to the gas price. For NCCL’s proposed coal fired power station they will (if the project gets the go-ahead) be burning coal mined on site. My question is, is the mine already operational and if so do they export overseas? Regards
https://inews.co.uk/news/science/uk-covid-rates-weekend-cases-rise-omicron-zoe-app-1697797
… Tim, if the board wanted to make more shares more widely available would a share split not help towards this? And if the earnings going forward are going to be a lucrative as you believe then I’m sure the board will be doing special dividends. The Heller family own a large amount of shares - this would give them a bumper yearly bonus..
I noticed an article in yesterdays press stating that West Burton Coal Fired Power Station is staying open over the winter instead of closing this September. This is to provide non gas powered generation support. The part of interest for BISI holders (potentially) was the part that said the station was looking to Africa and the US for coal supplies to replace the Russian coal which it has typically burnt in recent years…
Fair enough Mirasol, it sounds like you know more than me.
I was talking to a guy who used to be a rig supervisor (until about 2015) about the Falklands and it was him that told me that and this being the reason. I casually asked him about the Falklands with Arg in mind as I have a small holding here and I was interested in his opinion.
Morning all, does anyone have any ‘back of the fag packet’ figures for profits, eps for 2022, 2023? I haven’t seen any guidance figures / broker estimates for what appears is a greatly changing financial situation.
Pardon my ignorance here but are you guys saying that the increase in the bond yield will accelerate or potentially accelerate the reduction in the pension deficit, or enable the Carclo to commit less money into the scheme. Thanks in advance.
I know that Germany is returning (five I think) of its coal fired powered stations to service as it looks to source as much power as possible from alternatives to Russian gas. I believe that France has done something similar with its ‘mothballed’ coal plant but they only have a couple as the country is mainly nuclear power.