Member Info for sparhawk

Demand may be holding up, but at what cost to the Treasury and country, current yields are not sustainable when our competitors yields are almost half ours, bund 10 year yield is 2.583

She may have presented the budget, but Starmer would have signed off on it and is just as culpable

The problem Starmer has, is that we can see his lips moving, but nobody believes a word he says

We need cheap reliable electricity, solar panels don't work at night or when covered in snow and wind turbines don't work without wind

Gas/coal can supply cheap and reliable electricity what every industrial country needs

Net Zero = Poverty

Its only a matter of time before the IMF are called in, the markets have lost confidence in this labour government

@moniman

No need to worry about turning the lights off, with this governments nut zero policy there wont be enough electricity to switch it on in the first place

The world is losing confidence in UK plc, gilts yields keep rising and are not sustainable, a lot of my shares are tanking, insurers, house builders etc

My only strong shares are oil companies

P.S. Price of electricity has gone through the roof today, trading at £622 pound a MWH at time of typing, so much for nut zero dropping prices grrrrr

Its not just LGEN and PHNX dropping, house builders are tanking too

The UK would be better off becoming the 51st state in USA

Nice rist today, only bit of blue in my portfolio, still waiting for the xmas rally

Labour have delivered Stagflation, a contracting economy with high inflation

I listened to the judge summing up the case and it was horrific, why are we spending millions of pounds keeping them in prison, the money would be better spent saving the lives of decent people in Hospital

I do fear that the lunatics in charge of the asylum

Gilt yields keep rising, we need a emergency budget to undo the damage inflicted by the last budget

Reduce spending, wage cuts for all public service employees

All those above inflation public sector wage increases kicking in

We had a Christmas rally last year, not much cheer around this year under Labour

I know Archie has been getting a bit of stick since he took over because of the share price performance but I think he is moving the company in the right direction focusing on oil and gas

Thanks, but it doesn't look like they could compete against gas powered electricity generation without subsidises, which may account for it trading at a large discount to the NAV

I think people are starting to realise that the Net Zero agenda is not affordable

I was reading on their website that 50% of their revune comes from a government subsidy, so is green energy viable in the UK without the subsidy?

The dividends are weighted to the final, the interim dividend is 6p but the final will be closer to 15p fingers crossed

Have you considered BATS, bigger geographical spread and higher yield

DYOR

Plans were submitted for a Tidal Lagoon in Swansea to produce electricy, but it was deemed to be too expensive and not economical

We need cheap electricity, we can't afford vanity nut zero projects

https://tethys.pnnl.gov/project-sites/swansea-bay-tidal-lagoon-sbtl