Tree shaking.5 Apr 2024 08:54
Feels a little like the tree is being shaken over the last few days, and probably not helped by vast amounts of bed and ISAing across the markets. On the SMR front, the govt investment is paltry considering the potential benefits to the UK economy, building, proving and licensing this technology has the potential to push RR in to the stratosphere and make it the largest global engineering and engineering companies in the world. This will take time, and likely test the patience of a lot of shareholders, but the potential rewards are immense - When I say time, I mean circa 10 years. So if you are in it for the long run then you will reap rewards. Short term investors, your not going to see massive growth this side of 2030, so if thats not what you are looking for then probably best to invest elsewhere. I have a shed load of RR shares invested in my kids ISAs, if this goes where I expect it to, then they should be set, and Dads fun budget will go a lot further.