Member Info for Notmyjob

https://balkangreenenergynews.com/romania-picks-site-of-old-coal-power-plant-for-first-small-nuclear-reactor-in-europe/

Has picked a site for its first SMR.
Alas it won’t be RR one (this time) but further evidence there’s an appetite for nuclear power.

From the Telegraph:
To fund the move, he (Rishi Sunak) will announce an oil and gas windfall tax that will see the amount companies pay linked to how much they invest. (In green energy.)

Agreed, very strong share price action this afternoon.
Almost like the price was held back this morning after a little tree shake at 8am.
Interesting to see if there will be any large after hours buys put through…

I didn’t expect a dividend this year and I would rather monies be put to scaling the debt down and for moving the business forward, besides, it is something the new CEO’s will want to deliver and take credit for.
Probably in 12 months or so.

I’m always wary on how the markets view trading updates but these results at first glance seem good.
We all know MKS is a recovery play and should the market be irrational today I will look to add.
However, a blue day would be good.

Looks like the driving season is in full swing!
https://www.reuters.com/world/us/american-driving-topped-pre-pandemic-levels-march-2022-05-19/

Seems the Americans are driving further this summer.
https://www.reuters.com/world/us/american-driving-topped-pre-pandemic-levels-march-2022-05-19/

Certainly shows management's confidence in their turn around plan and strategy.

Nice £100 000 director share purchase just popped through.

110p divi next month to look forward to.

Added a few more today.
Keeping monies in the bank will see inflation erode circa 10% of its spending power. With PSN paying off a 10% divi I could well be up 20% next year.

Added a few more at lunchtime today.
Keeping monies in the bank will see inflation erode circa 10% of its spending power. With LGEN paying off an 8% divi I could well be up 18% next year!
Obviously the shares could tank but taking a longer time frame it makes sense to me.

According to US Dept of Energy the US drew 7 million barrels from the SPR last week. Potentially the largest weekly release on record.

I can’t decide if today’s RNS shows management’s incompetence or worse.

Reuters: Ryanair’s load factor-a measure of how well an airline is filling available seats - rose above 90% for the first time since 2019.

Topped up at 238p.
Lovely.

Maybe a little sell off after the DLG update?
Anyway, glad to say I took advantage at 2442p.

Does anybody know or would like to hazard a guess as to the value the deal?
Obviously there is the initial purchase of the engines and then the maintenance/parts scheduling.

Well, I bought in yesterday on the premise that “investors” these days are jittery and feel the need to constantly tweak their p/f’s based on over reaction.
The slight negatives are amplified whilst the positive notes are ignored.
Group revenue up 9%
Core operating profit up 12%
Cash flow up 38%
Net debt x 0.6 EBITD
Core operating margin 35-37%
The share price is in a down ward trend but this is a fantastic recovery play for when Mr Market realises value.