Member Info for pete5711

Yes, agreed. The fuel can be an huge asset instead of an expensive problem. Ed Miliband's understanding and pursuit of a zero carbon future may well be changing to suit the reality of future secure UK and stable energy. The progress at last on Nuclear and North Sea windfall tax reductions are positive signs.

Long term hold but I expect some bumps with the SMR rollout, RR will require significant investment to get to handing over an operational SMR.

Holtech UK, parent Company Holtech US, are a direct competitor to RR and have two UK PWR SMR's (with a possible third soon) and are progressing with their huge international SMR manufacturing plant adjacent to Doncaster airport, using mainly UK steel, forgings and suppliers. The multi £Billion investments are recently in place leading to over 30 000 construction, supplier and O&M jobs.

RR of course have much of the supplier chain in place so it shall be interesting to see who produces the best SMR's in the years to come.

I bought back in again in March after thinking the new plant in China might be delayed. Luckily holding them has been OK so far. Cannot see a drop to that level unless there's a another crash.

yes, very positive and not too much of a delay on the China facility.

The deal no doubt predicted rising business based on waste volumes and since the deal of course good waste is in short supply and with peoples habits changing as to the waste they and businesses/offices produce then all companies in the waste markets could see permanent reductions. It is an enviro dream not to produce the waste in the first place with longer term impacts to the likes of Veolia, Suez and Pennon/Viridor?

I think this type of old news snippets are to raise the share price by interested parties.
PNN remains high in long term debt and their earnings cover just over 10% of this, funded in the main from Viridor.
Whilst PNN can currently borrow at low rates, it is highly leveraged and funding increased dividends for it's predominant Pension Fund shareholders.
If Viridor was sold (most likely private) much of the sale would have to reduce overall debt levels but whoever had Viridor earnings would have to rise through operational efficiencies even though it has growing assets .
Pennon without Viridor does not look attractive? I sold out here and invested it in Renew Holdings, only buying back into PNN in the 700's if it occurs as there could be many months to finalise any sale.

Reducing the waste in the first place.

l will still wait as there's plenty of debt and risk to the businesses, V looks overvalued as all the EFW sector could find as sentiment shifts from incineration to avoiding it in the first place.

Fundsmith may well have peaked for a while, I sold mine at their peak and just added some more RDSB today, I think there's more upside for the next few months here.

Sold at 923, on it's way down for a while, may hit 770 and buy back in

NAV creeping down and re valuations are not frequent, some may be months old so it's a share price sub 30 soon and then 20.
I was considering a bet to buy when they are lower though if the NAV is realistic.

he may well have to go in hiding, people do not like losing money to a crook, that's what's transpiring with worthless stocks.
If there's anything left here it will be the banks and they cannot be impressed with the WPCT BOD's to manage any further.

There is serious risk that this is worthless now and this site appears to be in denial.
The NAV will continue to decline as re evaluations/prices materialise and there's the likely result that the WPCT lenders will take this over.
There's an investment analysis that the true NAV is 3p only! DYOR.
Is it worth bringing a WPCT Investor group legal action against WIM for frigging the WPCT NAV's last year - if there's anything left to claim!?

Not far down the line we even see some litigation against Woodford and forced stock sales to repay the rising debt - there is no upside here. I wonder what the Regulator is sitting on that no doubt will emerge in the years to come with all financial scams.

Maybe all three funds should be wound up as early as possible because the damage from any Woodford brand effect I doubt can be reclaimed for many years even with improved returns.
Pure speculation to anyone that is still interested in/invested here, but most people like rouges don't they.

Well Eve Sleep who NW got into bed with making mattresses has gone from £13 to 3p and he has a 1/3 stake - there are also de listings in process so they can't be valued at all!
More downhill to come, he really has little competence without a team to regulate him.

The five largest holdings of WPCT look a risk to further NAV reductions. Overvalued and probably manipulated from the start!

Heading for the one of the biggest financial scams? The regulation and oversight is clearly insufficient.

The problem is that the NAV is not a true reflection and is being adjusted by Link reacting after events. A current pro active valuation would probably be too much of a shock and we may well see a gradual decline in the NAV as Link see fit.
I got out with a 30% loss and won't be rejoining this one with or without Woodford.

NG initial denials regarding their responsibility in Fridays power cuts could well lead to large compensations - it is clearly for NG to provide sufficient contracted spinning reserve and emergency generation from the UK and abroad to back up frequency falls with such a small loss of generation. The management of the current UK system is a fraction of the high power fluctuations from our previous high energy industrial base.