Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
0.50% is nailed on at the FED tomorrow. The question is not whether it could be 0.75%, but whether it could be just 0.25%? I'm still thinking 0.50%, but the conversation has pivoted, even if the FED haven't (yet).
The SP was at 206.8p when they put out their "avoid like the plague" commentary over the weekend, so currently a couple of pennies lower. The FTSE All Share has also slipped 1.2% in the same time, so pretty much in line. I suspect Motley Fool don't have as much influence as they might like to think!
I don't know of these analysts keep their information back from private investors, but they always seem to be behind the curve. If this is really what they think and when they think it, PIs definitely have an advantage over them!
Erm, what debt? They are debt free since March 2020! https://simplywall.st/stocks/gb/consumer-services/lse-888/888-holdings-shares/health
Hmmm, today's trading update appears to have disappeared from the financial calendar page on their website. Next event is a trading update on 11th January. It makes me nervous... just how much is this takeover costing in fees etc? Seeing dozens of RNS posting every week makes it look complex and expensive!
At first sight the results were disappointing, however given that retail is having a tough time at the moment, they weren't all bad. Net debt is down, and they did at least make money. In times like these a retailer needs to stay in the game while others fail around them. They are then poised to clean up when things improve. As long as they keep costs under control, I am still reasonably happy. Mkt cap of £106m is only just over 2 x net cash of £47.2m. If we can just get the Allianz litigation monkey off our back, we should be able to see a much fairer valuation.
@Slownsteady - The site below neatly summarises the financial health of Persimmon. The business looks in good shape aside from the dividend coverage. They are just paying too much money in divis, cut those and the business looks great.
https://simplywall.st/stocks/gb/consumer-durables/lse-psn/persimmon-shares/health
I've just had my car insurance renewal through from Direct Line and they want to jack it up from £324 to £428! A 32% increase from 12 months ago. I spoke to them and pointed out that nothing has changed except that now it is 37 years I've paying insurance and never making a claim, plus the car (a very ordinary Vauxhall) is 1 year older. Like lighting they said they could drop it to £344, which begs the question what the hell were they doing quoting £428 in the first place? I then informed the agent that during the 22 minutes it took them to answer the phone, I had been on a comparison site and had a quote from Esure for £282 (without a £150 compulsory excess too).
As a shareholder I find this very disturbing. Firstly, not answering a SALES LINE quickly! Secondly, their market share is going to plummet with pricing like this. What are they playing at? If I get anywhere near break even on this share I am out.
Thanks Rivaldo. The article highlights many of the points that us holders have identified. While I've been trimming many other holdings, RNWH is firmly in my group labelled "Happy to hold during the recession". I don't want to move completely into cash, so finding gems like RNWH is a core part of my strategy for the upcoming turbulence. I've also got Smith & Nephew (benefiting from a huge backlog of elective surgeries) and LGEN (solid and a good dividend payer). Anyone got any others to look at that will fare well during the recession?
Unfortunately, the economy affects markets and the economy is managed by politicians. At the moment it seems the current incumbents are determined to drive us off a cliff, Thelma and Louise style, so even though you're not interested in politics it does impact your portfolio, wealth and future! Where did all the sensible Conservatives go? Bring back Ken Clarke!
Hey Gary, you will find some useful info here. I actually took out a subscription to this service, but as I recall they let you look at a certain number of records for free.
https://simplywall.st/markets/gb/consumer-discretionary/consumer-durables/homebuilding