RE: The market is a strange beast!09 Aug 2022 17:43
Stewart81 Very well put, long and strong just keep collecting the divi. There was a few comments recently concerning annuities paying a miserable 4%. Although the capital cost of LGEN will move closely with the market the return is double and when u snuff it your nearest and dearest continue to collect the divi and capital if they so wish.
Reported in the FT that Carnival (Largest cruise line in the world) is updating their fleet to make them more economical, not mention of any businesses providing the service. - shame for AFC. Carnival Corporation's Service Power upgrade program delivers an average of 5-10% fuel savings per ship and is expected to reduce fleetwide greenhouse gas emissions by more than 500,000metric tons each year. In addition to the environmental benefits, the program upon completion is expected to generate over $150 million in annual fuel cost savings.
The last time I looked at this I seem to remember the FT reporting circa 19m shares in free float. Looking today they report the company has 32.55m shares in issue with a free float of 16.59m. Unless I am mistaken that's quite a big difference, I can be forgetful, but seldom to that extent.