Member Info for Lutra

So...Science Group. Interesting!

Wilks...so was the legacy from Spencer or Maurice?

Lol, to the four-armed Martian that Boris is pictured with!

C'mon guys, everyone is entitled to their own hopes, dreams and fears! ...and I don't think we need to get into a w***y-waving contest on length of experience or sums invested.

For my part, I would have been surprised by a Friday announcement, but pleasantly so! And while my oldest holding was priced in shillings and pence when purchased, there will be plenty on here who have traded more in the last couple of months than I have in a lifetime - so how do you gauge experience?!

I think at times there is a bit of confusion about what Ricardo do and the size of the company. Ricardo are niche specialist engineers who are very good at getting the best out of other people's systems and in integrating complex systems so that they work well together. The company has a market cap that is only about 60% of AFCs, so they are not a big company. In comparison, ABB is a global behemoth, some 128 times the size of AFC, or 216 times the size of Ricardo. Both companies are good partners for AFC to be working with, but each in very different ways.

dadean, you are confusing the cash value of the dividend with dividend yield.

In value terms, if the 24c payment is annualised at this morning's share price and exchange rate, then the payment is indeed very roughly half what it was at 31 Dec 2019 (ie before the pandemic).

In Yield terms, though, it is roughly 75% of the figure at 31 Dec 2019, as it is being paid out from a lower share price. In annualised terms a 24c dividend would be about 4.8% yield, compared to a 6.3% yield for the year to 31/12/2019.

If you are calculating yield on a historic cost basis, then it depends on the actual price you paid for the shares and how you choose to discount that price to account for inflation or opportunity cost.

Desert, you should go for a wander across the wider world of share discussions on this website. You will find that the cry of "why are we not getting any news" is very common amongst the PI shareholders in AIM stocks. It's simply a matter of shareholder angst rather than underlying company performance .

Not so much a kick, as pressing the reset button. The signals from the RNS are "no asset stripping in the short term at give-away prices", "new management" and "performance review".

All of which suggest share price was oversold. ...but then we all knew that!

On the BBC it was mentioned that the Olympic flame is the first "green" Olympic cauldron, since it burns Hydrogen. The Hydrogen comes from a solar powered (alkaline) electrolyser plant at Fukushima. But it is burning with a very visible yellow flame...

Press reports suggest that it is only partly fuelled by Hydrogen, but I am guessing that the burner must send the flame through a sodium gauze, to create the visible flame. Anyone with more info or other suggestions on how they achieve this? Apparently London wanted to do something similar in 2012, but couldn't get the technology to work on time.

I'm close to giving up with these boards. A quick scan of discussions on half a dozen individual stocks this morning and on each one, all the discussion is about why that individual stock dropped yesterday when it really should be rising. Everyone takes it as a targetted assault against that one stock, with their own pet conspiracy theory as to why.

Folks, the MARKET fell yesterday, with Tech stocks taking a particular hit. It will bounce back another day - again without any identifiable reason related to any individual stock.

Taskmaster, thanks. I respect your views but but disagree!

Taskmaster, not indifferent at all, far from it. I know it is unpopular with some on this board, but I believe that we can't manage the transition away from fossil fuels without the skills, personnel, infrastructure and deep pockets of the oil majors themselves. I'm an optimist and believe that Shell will be part of the solution. My holding in RDSB is about a third of the size of my AFC holding and about 92% the energy portion of my portfolio is in renewables or renewables-related investments.

https://www.nasdaq.com/articles/shells-rds.a-green-hydrogen-electrolyzer-comes-online-in-germany-2021-07-09

Taskmaster, it's interesting that Calmac (actually, I guess it is CMAL that are advertising) are looking to replace obsolete generators on obsolete ferries...speaks volumes! I can never understand why in this sort of situation it is cheaper to replace the whole generator rather than find a competent machine shop to manufacture the required parts.

But there is no chance of this being of interest to AFC or AFC being of interest to CMAL. They will want a quick, cheap, minimum-risk, drop-in solution, using existing diesel tanks and switchgear, rather than taking this opportunity to pilot new ideas for their future fleet.

Char, it's all a matter of perspective, but I find it hard to be too disappointed with RDSB's performance. I have two holdings in RDSB - one in my SIPP and one unwrapped.

The holding in my SIPP shows (on a Total Return basis) that I gained 25% in FY20/21 and so far 5.7% in FY21/22, which makes RDSB a very good performer.

Granted, the older unwrapped holding is less impressive. I don't have all the figures to hand to do a Total Return calculation, but even it is only showing a 1.2% drop in capital value. It has delivered a handsome stream of dividends over the years, so would be quite positive in terms of Total Return minus inflation.

Well done, spindok! Even if the offer is a worse deal than simply buying on the open market, we will all benefit if the offer is a success and the extra generating capacity is added to the Fund.

Ah! Thanks, 4kandles. He can go whistle, as far as I'm concerned!

Well spotted! Looks right up Osprey's street. HIAL have had a couple of Typhoons buzzing their tower here today, so the radar software needs to cope with approaches that are a bit above landing speed!

Of course all this is great business for a medium-sized consulting company like Osprey and should help Group profits, but we probably need something a bit bigger if we're going to shift the TPG share price!

Oldtramp, I wonder if that also relates into Osprey's role with HIAL (Highland & Islands Airports). While the Osprey contract at is largely related to safety management and assurance, HIAL are looking to introduce a Remote Towers solution to their network of 11 airports. https://www.hial.co.uk/downloads/file/326/international-airport-review-volume-25-issue-02-guide-to-remote-digital-towers-april-2021-hial-plots-its-path-to-a-digital-future-for-air-traffic-services-in-the-north-of-scotland

Gavster, I'd be wary of assuming that Dividends from renewables will cope with rising inflation. In general it is assumed that cost of renewables will fall, relative to everything else. But more specifically, the bond-like nature of BSIF partly comes from the proportion of its revenue that is future-proofed by long-term, fixed-price sales contracts and government production tariffs. These provide a virtually guaranteed stream of future revenue, but a significant proportion is already set at today's prices.