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Novice hunter you old pervert, you haven't got a clue, get back in your closet.
Bought in this morning .
This is definitely a good longterm hold
@Jab1tt
It’s on their website , also keep an eye on bid stats
to see who’s tendering for what etc
https://www.mitie.com/mitie-secures-new-92-5m-supporting-john-radcliffe-hospital/
To convert old inefficient diesel electric shunters into modern efficient hybrids
https://ibb.co/5Mf27Nx
https://ibb.co/pWz5P3G
https://ibb.co/kmYqz44
Removing the 60 year old engine and replaced with
a modern 6·8 litre John Deere PowerTech 6068HFU82 diesel engine rated at 270 to 285 hp. This is compliant with the European Stage IIIA emissions standards, but will be modified to meet Stage V standards . The battery 4 unit pack will be trickle charged by the engine giving a combined storage capacity of 300 kWh. Each of the four batteries can theoretically be recharged by the diesel engine in less than an hour. The batteries can also capture and store regenerative braking energy.
I see another contract has been won by Mitie to provide cleaning, portering services, and catering for patients and staff at the John Radcliffe Hospital in Oxford.
Worth £92.5 million over a five-year term, the contract has the option to extend for up to 15 years at five-year intervals.
I agree the sp should be at least a £1 !?
But I am adding more next week on pay day
hope it’s still circa £0.70 ; )
GLA
https://www.mitie.com/mitie-wins-new-security-contract-for-westfield-london-and-westfield-stratford-city-shopping-centres/
What is holding the brakes on this share price…. ?
I think when it eventually goes it will go straight to
£1 ( and that is still cheap )
What I have noticed in the industry as a lot of old school electrical engineers are retiring from Hospitals especially pfi hospitals there is simply
a massive shortage of people to fill their positions
( not domestic house bashing electricians but industrial electrical engineers are needed )
So facility style company’s are happy to hand over
a lot of responsibility to a good standby systems company and pay for the quality service.
( it means getting people authorised as AP’s
( HV and LV in healthcare htm,s for the particular trust ) but it’s happening more and more .
One guy I spoke with on a 11000v HV transformer job
asked me where was the incoming neutral!??
What!?
Another funny story, I was talking to an ABB switchgear engineer who had been called to an hospital in Warwickshire ….
( they had run an on load generator test and on completion of the test could not get the switchgear to changeover back to mains ) so had run on genny
overnight and when the ABB guy turned up , he had a quick look and he pointed out the TU reset on the incomer ACB had tripped ( probably on initial changeover ) and just needed pressing to reset .
Even the senior engineer was not familiar with their own switch room/ switchgear.
So it’s little wonder why good well run companies
are picking up good longtime contracts .
I am doing more and more EV projects
( on power failure some of these trap the plug on fail safe can be a real hassle for the car owner, cannot unplug and battery not charged! )
So again back up supplies are the way forward
( who we gonna call…. )
GLA
Morrisons auction is over and CD&R had the winning bid , I wonder if the second placed Fortress Investment Group will after drowning their sorrows and feeling hungry , take a large bite of little old PFD ? £2:00 a share might tempt me ….