Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
News a day old but just noticed this
https://www.marketscreener.com/quote/stock/ROLLS-ROYCE-HOLDINGS-PLC-4004084/news/Rolls-Royce-To-Deliver-Large-scale-Battery-Storage-Systems-To-Dutch-Energy-Company-42394848/
I went Tuesday night as part of meerkat bogof, my cine it had about 25 people in the theatre, not sure how it is a hard to get when they can't get full house on a meerkat night.
This is good news, let's hope it has a decent streaming window and not like a 3 week window like netflix/disney sometimes tries to do. There should be a industry rule that films should not be streamed for at least 6 months post theatrical release.
I think the pirate films were overrated and I think audience taste have changed alot since the last one for it to work wonders. Last one dead men did 25% less business than on stranger tides. I rather they put out another marvel or star wars films, they can easily make more than pirate film
Nice for disney irrelevant for cineworld, unless I didn't know they have cinemas in China.
If you look at the chart, it's been around 16 cents for a while, just one of those funny Google charts that showed it dropped suddenly to 10 cents at close yesterday and jumps back up to 17 cents today.
So nothing to get excited about.
I've filtered him also, waste of space.
Full reports from reuters below
23 Nov 2022 13:59
U.S. core capital goods orders, shipments rebound strongly in October
WASHINGTON, Nov 23 (Reuters) - New orders for U.S.-made capital goods unexpectedly rebounded in October while shipments increased solidly, suggesting business spending on equipment started the fourth quarter on a strong footing despite a cooling in demand from higher interest rates.
Orders for non-defense capital goods excluding aircraft, a closely watched proxy for business spending plans, rose 0.7% last month, the Commerce Department said on Wednesday. These so-called core capital goods orders decreased 0.8% in September.
Economists polled by Reuters had forecast core capital goods orders would be unchanged. The data is not adjusted for inflation. Core capital goods increased 9.2% on a year-on-year basis in October.
There were increases in orders for machinery, computers and electronic products as well as electrical equipment, appliances and components. But primary metals orders slipped.
Shipments of core capital goods jumped 1.3% after dipping 0.1% in September. Core capital goods shipments are used to calculate equipment spending in the gross domestic product measurement.
Business spending on equipment rebounded sharply in the third quarter after contracting in the second quarter. The Federal Reserve's rate-hiking cycle is the most aggressive since the 1980s.
Despite the rebound in core capital goods orders and
shipments last month, manufacturing is slowing as higher borrowing costs dampen demand for goods. The sector, which accounts for 11.3% of the U.S. economy, is also being hobbled by a strong dollar due to tighter monetary policy, as well as an inventory overhang and weak global demand.
Orders for items ranging from toasters to aircraft that are meant to last three years or more accelerated 1.0% in October after rising 0.3% in September. They were boosted by a 2.1% increase in orders for transportation equipment, which followed a 2.5% surge in September.
Motor vehicle orders gained 0.6%. Orders for the volatile civilian aircraft category rose 7.4% after soaring 23.4% in September. Boeing said on its website it had received 122 aircraft orders last month, compared to 96 in September.
Reason for today's increase
Orders for items ranging from toasters to aircraft that are meant to last three years or more accelerated 1.0% in October after rising 0.3% in September. They were boosted by a 2.1% increase in orders for transportation equipment, which followed
a 2.5% surge in September.
Jtt exactly my thoughts, as a big chunk of uk economy is based on financial serves with pension funds, insurance funds and investment banking trade in stock market. I'm an actuary, so I have to monitor the financial markets, so does that mean my profession is into gambling?
on the coast good post.
I expect someone like Mike or RRI to explain their theory given that they constantly bombard crap all day long, when it comes to being helpful they are useless.
So a cup and handle is a shape on a chart that forms a U shape (hence a cup) with a \ at the end forming a handle. It all depends what interval (eg 1 minute, 4 hours etc) and what time range (eg 1 month, 1 year etc) you look at. Its all subjective, as one person using a different set of intervals/time range will see another pattern forming - so who do you believe? A cup and handle is one formation of the hundreds that are out there. At the end of the day, market makers price what they feel like, nothing to do with making sure a pattern emerges.
Under the efficient market hyphotesis no technical analysis can ever be used to outperform the market, even in its weak form the only way to out perform if the price doesnt reflect public and private information. So its up to you if you think the price is undervalued and if there is an opportunity to be made. Given the current price and the fundamentals suggested at their previous trading update (hitting forecast numbers by year end, reducing debt) and with current macroeconomic data (china curbs opening/closing, inflation rising/calming ?) i expect the share price should be at least £1, but you need to form your own opinion on fundamentals and not on technical analysis.
Hope that helps.
Added more, 2.45p average price. Hopefully I should see break even by end if the year. The net assets of the company is 260m vs mcap 50m. Am I reading this correctly? It has nav per share of 9p, so price seems too far undervalued?