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Savage you need to let the Germans know, the AFD are rising with over 20% of German votes, they want to leave the EU.
Thanks Mary, I have watched lots on swing traders, they usually buy something that looks good (have relative strength) set stop losses then slice a 1/3 off then free roll the trade or get out if it doesn't go up, your way seems different in that you commit more to a stock you like then keep your average low and build on that stock if the opportunity presents it self.
Its a different way of doing it, you still need the expertise on reading when stocks are over extended and a dip is incoming, but you are more committed to a stock you like you and can read the chart patterns/price.
I do think some people think they know it all, I have seen some people committed to a stock they think will rise and stayed with it for literally years watching it do nothing, others gambling on exploration stocks losing it all, me myself I think ISA's can almost become a prison where you are afraid to sell so you don't lose that 20% on profits, we should all be learning till the day we leave this Earth.
Thanks a lot Mary.
MaryBr190 I am actually trying to learn your process, I was wondering how you had money to buy shares on dips, it seems you trim other stocks on the way up, its interesting, I still need to learn more.
Just for clarification the Government are on about building 3 SMR's on one site, so you would not necessarily be putting SMR's every where.
They are arguing over who pays the deficit, the French had a contract to pay it, but 28 Billion is a lot of money, lol
Rolls are about in house as the Government could get, they are saying they could build 24 SMR's for the same money, even more if the 2nd/3rd builds are cheaper once the machines are all in place to replicate parts.
Doing the maths Rolls could produce over 3x the power for the same cost.
At worst a higher percentage of any overspends would be going back into the UK economy, it makes you wonder if other SMR's sourced from outside the UK would be asking for Government money when they are half way through the build.
"French state-owned energy company EDF last week lit the blue touchpaper with the revelation the UK's flagship Hinkley Point C nuclear plant in Somerset would be delayed until 2029 at the earliest. The cost, it added, could spiral to as much as £46billion, from initial estimates of £18billion."
"Companies vying to build 'mini' stations known as small modular reactors (SMRs) hope this prompts the Government to commit instead to their projects, which are quicker to build and cheaper."
https://www.msn.com/en-gb/money/other/are-the-french-going-cold-on-uk-nuclear/ar-BB1hnuUO
Strange it let me through the first time, 2nd time nope, sometimes you can pick up the article from proxy servers and Universities.
Search title in Bing not Google, seems to pick up a few links you can use.
https://www.ft.com/content/ddc28f31-e1af-4a81-8295-cbccf3141f49
I retract my last statement, he does say 'ultimately', so I guess the companies that stick to their price points will get further contracts, I hate not having an edit button, lol
The Government want to see costs reduced on the 2nd/3rd SMR builds, you say cheaper but the GE guys are saying £3150 to £5000 per kilowatt (they don't even know), Rolls just says £2bn at about £4250 per kilowatt.
From the Telegraph,
Dozens of companies have registered their interest, including Rolls, which has said it anticipates being able to build 470 megawatt plants for about £2bn apiece, or about £4,250 per kilowatt.
GE Hitachi is offering the UK its BWRX-300 model with 300 megawatts of electric power, which could ultimately be able to be built for as little as $4,000 per kilowatt, or £3,150, according to Jay Wileman, chief executive of GE-Hitachi, which is a joint venture between Japanese business Hitachi and American player General Electric.
With General Electric’s expertise in nuclear dating back to the 1950s, “we’re not newcomers to this industry,” he said in an interview. After prototypes have been built, the company could see “a price point just in the neighbourhood of $4,000-$5,000 per kilowatt.”
OK an honest chat, I think Rolls will get contracts, if you read the Governments latest outline 'Civil Nuclear: Roadmap to 2050', they are saying they want the UK to be a Leader in Nuclear Internationally, they mention many Countries, but we already know Rolls has ties with UAE, also they state about Sweden in a Partnership agreement, we already know Rolls is most likely part of this.
Rolls is designing the SMR as we speak, they are not at the same stage as other SMR developers, a recent Job advert was for someone to help with the design and layout of the plant, they have to get everything finalised by 2029 I think ready for building, going just from the RR Job advertisements/UAE backing/Government backing I would say this is most likely a done deal.
https://assets.publishing.service.gov.uk/media/65aa96bc82fee9000d6f5f91/6.8610_DESNZ_Civil_Nuclear_Roadmap_report.pdf
its a **** show investerinthknow the ftse in general may be having a bad day, example - perhaps they say see a rise in oil prices, perhaps there is news on interest rates, perhaps the guy who hits the button had a crap coffee this morning.
as you probably know if you have it set up to show just green and red volume bars, a green bar maybe 51% buys and 49% sells.
perhaps others could elaborate more with their views on how the stock market moves.
Elon Musk weighs in on diversity vs safety,
https://www.msn.com/en-us/money/companies/elon-musk-rips-boeing-for-prioritizing-dei-hiring-over-your-safety/ar-AA1mOphm
I have also heard they want to source parts from more diverse countries, its pretty crazy for an industry built on safety.
Ooops don't recommend my post, I should have written Boeing, lol
Airbus are spearheading diversity in the airplane manufacturing world, come on guys there maybe a few hiccups along the airways, but its diversity, come on guys its a net positive.
Fools analysts are all over the place, I will look at information from many sites, but they are to form my own ideas not follow a Fool.
Pernix for me its worth waiting, when it pulled back to £2 I was monitoring the share price closely, it may pull back again, but we should get a handful of UK Nuclear contracts this year, we could pick up a couple of others, Zelensky is mentioning peace quite a lot recently, so who knows we could get those Nuclear contracts too, by the end of this year Rolls Royce could be negotiating with other countries and just businesses in general around the world.
Berny go stand in the corner of the room facing the wall and think about what you have done.
5 Years, No one knows, hopefully the world has made some attempt to control its debt, the markets are somewhat stable, people have money to go on holiday, we have 50-100 Nuclear sites secured, Rolls Royce are making money servicing Rolls Royce Nuclear (Ref: Mr Nettles), the Market deems all this noteworthy, nice dividends that Retail & Institutions want to hold for the foreseeable future, America is not at War with Iran, China aren't invading Taiwan, Zelensky is gone, we don't have 'disease x' from a lab leak, lol.
At the moment I am 3.5 times up, I have a mental stop, I have room to not sell it at the first sign of bad news, but I don't plan to hold it all the way down if the world f's up.
Not sure if you were asking me?, Cev/Nettles and others seem more aligned with you, I have less to lose as this was my first trade so I probably have less anxiety than others.