Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Lorenzo, I get what you're saying, but unless you can sleep on your mum's sofa, buying a house IS still a great investment. For sometime now, monthly rents have been pretty much equivalent to mortgage payments and in some cases, even higher. The fact that you can live in your investment and not pay rent is effectively generating a huge return. I'm at the other end of my career to you, I recently paid off my mortgage which means I have many years of rent free living ahead of me. If I had to keep paying rent forever, I don't think I'd ever get to retire!
I agree, buying a second home or a buy to let property is not a good investment right now. The hidden costs and disadvantageous tax treatment chisel away at any return. It's that age old story - there just 'aint enough places for people to live in the UK (especially if you consider the places people actually want to live).
TerryMC1, having written this off as overvalued with far too much debt, I wonder why you stick around this board... unless, you're not shorting this, are you? Oh my! That's gonna sting!
I was about to top up again, but with my mouse hovering over the buy button I had a sudden bout of "good money after bad" doubt and resisted the temptation. Need to give it more time to see if they can right this ship.
Yep, I'm in the same boat. Was going to ring Barclays, but it is painful dealing with these people! I still have an outstanding query with them about why a divi on another share in my SIPP was taxed at 20% (doh!). I'll give them a few more days to not respond and then brace myself for another assault on their "customer service" line.
Permission to build that many houses on any piece of land will increase the land value many times over... even if they don't build any houses. Curious to know if local authorities attach any time-based conditions to such permission?
I'm in a similar position, I got out in January at 172p (nursing a loss I'm afraid) as I really didn't like that update. Looking at the price today that was a good move. I've followed this share for a while and would consider getting back in again at some point, but I'm not seeing a lot of encouraging signs. Any chartists seeing a bottom to this fall?
While I accept that higher interest rates can add some inflation, not increasing them fast enough and to a high enough level has weakened Sterling relative to other currencies. The increases in price of imported goods (and there are a LOT of them) is a far bigger contributor to inflation. The BoE needs to get off their ars*s and act decisively.
Lovely Job! I've always been perplexed by "experts" who say "don't try to time the market". Judging by your analysis, timing the market would have worked perfectly. Some judicious selling when valuations are getting a bit fat (or the entire market is suffering from exuberance), combined with top ups when the price looks low works very well for me. I understand the idea that you risk missing out on great days, but I think we all recognise that contrarian feeling in our stomachs that tells us when things are a bit toppy or are ripe for loading up.
@alwaysone - This update wasn't flagged in advance on their investor relations page https://www.iqep.com/investors/financial-calendar/ so there is not much we could have done to prepare!