The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
The real canary in the coal mine (Apart from romaron of course) is that Starmer will issue no more licences to prospect in the North Sea. Now he may not get in but I would not like to put much money on it. I think the housing market has enough
energy in it to blow the Tories away. Each day where I am there are more people living in camper and vans....Idf only they knew that by using a cheap rubber boat they could float back in a get accomodation in one of the local hotels..
The rns was not very good news. However there is a lot going on in the background and if they are lucky the bottom may have been reached. The prospect of increased sales and profit could make this a good time to take a small holding but
it has to be risky. There is a market for their expertise and products. They have a good name and reputation from people I have spoken to but you have to say ' Do you feel lucky' Ramper has blown out at last though..
Yes it is currently a boring share but since my last post the sp has risen about 10p. There are loads of hot tips around but years of investing make me very wary. I am just going to hold for the dividends and be patient. You can get 6% on some building societies now but there is no growth. If you want a real boom youhave to gamble on a pharma. Oild stocks are now old hat..
Sometimes you just have to believe but when it reached 6.5 p I must say I found it hard to watch. When I tood the offer at 6p
I began to wonder if I was insane.... Now keeping the faith is quite gratifying. Still loadsa headroom to be filled...
Thank you for your two posts. The Eddison is particularly encouraging. I have been in this for quite a while. I took the offer and added some more when it started to twitch. I am going to hold now and be patient. I have waited a long time already but am now in profit. It should multi bag over the next 24 months. I am by nature a pessimist too!!
This fund seems to be in a death spiral. It is beginning to act like an AIM share. It has fallen over 35%....
The update has cheered me up. Still has long way to go though.
The problem regarding upgrading old houses to energy efficient units is mind boggling difficult. I walk past a row of small terrace properties on the way into town. They are in an appalling state but each is lived in. Some are rented and some are owned. An owner cannot do much to his/her little house if those in the rest off the terrace do nothing to theirs. Walking around my town many of the larger properties are in an awful state but finding a economic way to improve them requires the ability to find skilled people to do the work. To find an electrician, a plumber or a builder is almost impossible. This government has seen fit to tax the energy companies and investment in them is rapidly becoming waste of time. They have sold many first time buyers down the river by going from low to high interest rates and wonder why the workers are up in arms.....In hindsight you could not create such a basket case as the Uk if you had sat down a planned it. I had confidence in the north sea oil producers surviving but not anymore. I am preaparing for a return to the dark ages.