Member Info for waccybaccy

@marc001 I have to agree, the AIM has been a disaster. How is it that my NASDAQ and FTSE100 investments have done sooo much better than the AIM ones? Once I'm out of the AIM I'll never get back in.

And shame on the rampers and "ooh just check out this share, I hear it's going to the moon" people.

DONVANVLIET1/bertram

There is a button that says "Filters" on it just above the thread of messages. Click on it and enter the username of anyone you feel is being disruptive.

Once you do this, their posts no longer show up. It means you can frequent the message board and be blissfully unaware of these characters. It will save you time and trouble and it takes about 10 seconds to do. And it means you won't be put off by the messaging board.

Trust me, it works brilliantly.

Surprised no one has brought this up: this incident happened a day or two after Boeing requested an FAA exemption to allow a dodgy deicing system on a slightly different version of the 737 MAX:

https://www.seattletimes.com/business/boeing-aerospace/boeing-wants-faa-to-exempt-max-7-from-safety-rules-to-get-it-in-the-air/

By even mentioning that character of the message boards, you encourage him and also remind people of his presence. Don't do this. You are feeding the troll.

I block him and see none of his posts. Stop polluting the board with meta-messages about him.

Back to the topic. I'm not invested here yet but watch with interest. The whole Drahi saga is fascinating. I just can't decide whether his need to get cash for Altice will cause a share rise or decrease short/medium term. Also, I don't see any majorly positive markers apart from the tax relief that went into the budget recently for full-expensing. We also have the excitement of the overcharging for mobile contracts scandal.

What to do, what to do....

15 LIVES, of course there are exceptions to the rule but from personal experience the AIM has been useless for the 10 or so companies I invested in (okay, 2 did alright). I have made *much* more on the US market and FTSE than anything on AIM. I recommend all retail investors to avoid AIM at all costs.

If institutions want to spend cash on AIM then their problem is much smaller if they lose their cash than man-on-the-street losing his. They are free to support new companies.

I wasn't referring to any particular company, but it riles me up when I see the cross-posting, tempting people to destruction.

Couldn't agree more about the AIM. Absolute sh it show. Really pi sses me off when people pump/cross-promote other shares that are on the AIM on sensible company forums.

How the heck did we go from there being no rate changes in 2024 to this?

How is it that I have a 6% savings account for the next year?

I cannot believe the interest rates are going down.

Has your "enter" key broken?

It certainly is the next Tesla in that its recent rise is purely sentiment based.

If we look at "normal" share purchases since 1st October, we have:

1 Dec 2023 15:50

Dame Angela Strank

£49653.24

29 Nov 2023 14:15

Dame Angela Strank

£19999.2

That's it. One NED bought £70k shares. My take is that this rise is massively sentiment based as well, especially given its timing with CMD.

I hold RR, but only till there is big SMR news. I'm expecting a rocky road till then.

Nice article on the person who "is poised" to give Westinghouse the gig:

https://www.ft.com/content/c5c6a3f7-33ea-4973-9b40-d7088470cbb2

The ranting is not delusional as the Telegraph article shows. Here is another article:

https://www.proactiveinvestors.co.uk/companies/news/1034906/uk-s-first-small-nuclear-reactor-deal-poised-for-signing-but-not-with-rolls-royce-1034906.html

How has RR not got their foot in the door here? The phrase "poised to sign" is used a lot so hopefully RR will sort their life out and make a counter offer before anything is finalised.

I for one am never touching sh***y AIM listed companies again. Prefer to go down the bookies - much better odds!

Absolutely incredible post. Thank you so much for this.

I think the main point is that RR need the cash now to invest in other parts of the business, so that is why they would sell part of SMR. I would guess they can flog 51% for more than 49% because it gives the purchaser (if it's a single purchaser) a controlling stake. Or something like that. All my amateur opinion. DYOR

As for how much of SMR that RR owns, Go here:

https://find-and-update.company-information.service.gov.uk/company/13039768/filing-history

Click on "Confirmation statement" and go to page 2.

530000+40000+10620+35000= 615620

530000 / 615620 = RR owns 86% of SMR

No need, it's great for greenwashing the aviation industry. Same goes for the cooking oil powered engine recently.

Ah yes, Ultrafan makes much more sense. :-)

Hydrogen is a nightmare to store (need heavy steel storage canisters) and it embrittles all metals it comes into contact with meaning they need replacing after a while. Aviation does not like embrittlement!

The sudden rise of the last few days warms the heart, but there is no news to back up the rise. We knew about the markets day for ages and nothing exciting came out of it. The key word is "news" and there was none IMO apart from optimistic targets.

Once again: I hold for SMR!

Cevo, well that's really good to hear although I think the hydrogen thing will never happen; technically and economically it makes no sense. But everything else seems very positive.

What got me going on RR is my mate at EDF (works in France) who is a boffin and gave a big thumbs up to RR's SMR design to me (nothing official!).

Looks like I was wrong. But I hold my fundamental beliefs that there was nothing particularly new at the markets day. I am holding till the SMR stuff takes off as that is why I have bought shares and see the most value.

The recent stock increases look very much sentiment based to me. I would be really surprised if the price holds up this high for long. I now think with RR the decrease will occur over a longer period. Hopefully I'm wrong again and won't be quoting myself in a few weeks about how right I was...

Cevo, I meant the share may drop below what it was before today started. i.e. we saw a positive day today, but if it was slightly negative instead, that is the price I see us being at tomorrow.

I just can't see it sticking. The whole thing seems like a mini "show pump". I am very positive long term with RR though. I am anticipating early SMR news. They are well ahead of the competition and must surely be badgering HMG to flog it to them.