Member Info for NLLeeroy

A friend who is a contractor at rolls royce, their R&D is not going to be doing much for the foreseeable as at the moment its all about survival. Their business model (which I'm not sure if common knowledge) is to lease the engine to airlines and plane manufacturers and all its maintenance etc. Its a bit like the lease car approach engines are leased according to how many miles etc. then upgrades to new etc. are bolt ons. No one foresaw no one flying for 6months. Consequently their revenues are massively down and its a high cash burn business. The civil side is in a lot of trouble.
Back to ITM I'm looking to top up, Do people think positions will be built over the coming week to take advantage of the potential bounce from Rishi's speech on the 8th. My concern is it won't be bold enough and more green wash looking to preserve the fossil fuel companies status quo whilst trying to look like they are looking to do something else. Expect massive road building programmes over hydrogen trains and transport economy.

Well put,

Have done similar an just kept a small free ride and got all initial investment back after buying in at 260 a month ago. Potential unemployment (business got rid of two people today) for PI's such as myself is big risk and I need the certainty now of 6 months mortgage in the bank. Happy to take my 20ish% and will try to buy back in once the waters seem a little less choppy.

Would imagine several other PI's are in the same position and will be looking at cash is king.

Hope I'm wrong GLA.

But hey what do I know very glad to be proven wrong thus far, seem to remember this bei G bit of a lifeboat share in a sea of red when this covid thing all kicked off.

20% UK economy contraction explains the sudden drop yesterday hold onto your hats guys she will be all over the place today IMO

Sure GC doesn't give a S**t as he counts his £4m+ . Hope hes got a machine to do it, don't want him being distracted from the day job. Although If I was him I'd be on my fourth Bottle of Bubbles by now.

Noted and will do, :)

Looking for it to stay around 265 picked up another batch at 270 so reasonably happy. However given my form its usually when I buy that she retraces.

Just topped up at 280, still miffed missed yesterdays low.

The one morning (now furloughed for a month) I'm not at my desk and miss a 265 buy in opportunity. Should a, could, woulda taken profits on Friday. Still good for LTH

Likewise chickened out at high 180s last week with the view that recession etc is around the corner. Am on a free ride with profits but no where near where could be. Bubble is always biggest before it bursts. Just can't see her sustaining once August and Sept redundancies kick in as furlough is withdrawn

Guess when you work for the company that got planning permission sorted for the client you should pay attention to share price and appeal dates. Missed out on 60% profits, Hey ho.

https://waste-management-world.com/a/500-000-tpa-waste-to-jet-fuel-facility-a-step-closer-to-take-off-in-lincolnshire

Don't worry my FOMO will kick in at some point once I jump back in she'll re trace.

Regretting selling original buy in @ 183 yesterday. healthy 30% profit but have been in and out since the 60p stage. Just don't have the nerve to hold. With hindsight and LTH my original stake would have been £30k profits. However hindsight is always 20/20 and having endured 3-4years of minus 50% I'm still happy with 6/7K profits instead. What do people think is the new dip buy back in price.
150/160?

Previous chat on here had it at around 120-125, given recent weeks and the carnage around the FTSE is the new top up buytin point around 145 - 150 or is it more as 15Lives says all a false dawn and we are going down. Toneman in similar situtaion as yourself. Sold out low and now back in on a 151 average but on a free ride so to speak. GLA. My main concern is that the disproportionate influence the big Oil economies have at the UN, G8 etc. and given the USA has just gone for 3tn of debt they are going to be pushing oil big time as a way of paying it off. Russia, Saudis etc. will all want a return to the status quo to prop up their economies. IMO non oil economies should be the target market, however cheap oil (although still fundamentally floored)I would think is going to be the headache/brakes on mass adoption of H2 where its needed most.

the current problem is the algorithms and learning are based on least risk or least danger to driver. so e.g. If there is a large lorry coming towards the car swerve into the pedestrians on the pavement or crash into the lorry, current models the pedestrians get it most times. Human brain is able to try and reach the compromise between the two, (with a vairable for our own natural self preservation) My understanding is that is what they are trying to sort out. With a hydrogen fuel economy, grid lock won't be an issue; apart from the localised rain showers from all the exhaust water vapour.

Found this on the Citizens assembly (https://www.climateassembly.uk/about/speakers/) for climate briefings.
about 11:20 in
https://news.trust.org/item/20200419165453-g8foa/

the significance is that the assembly will be advising the govt on recommendations for policy.

It is noticeable that when the general FTSE has rises ITM becomes quite sluggish then when the majority of the board is red she is up and down like a tarts knickers.

I've been looking to get back in now work outlook has stabilised a bit, But still feel she is 45-60p over weight. Previous burns (as posted) have proven to me I'm rubbish at picking the peaks and lows so want a less erratic trend before getting back in.

Given we are looking at double recession (whatever that means) and the general negative growth outlook for the world I'm amazed how she yet again bucks the trend. Imagine how she would perform in good times or is she being falsely buoyed by the market seeing it as blue life boat amongst a sea of red?

Interesting opportunity for re purposing old oil rigs, and Terminals Could help the big fossil fuel guys minimise stranded assests e.g. oil rig towed to ocean array with a shed load of electrolysers on and connected up to all the turbines then pumping hydrogen back to the mainland.
Big refinery type terminals converted to take shed loads of Hydrogen instead.

But thats probably too progressive.