Just flicked through the news…
Russian’s are mapping undersea cables for sabotage, not good for cables from wind farms…
Then in the Telegraph they say how the wind speeds are totally atrocious this month… 0.2gw in last few days when normally 10gw |
I think you may have underestimated the effect of 2+ years of persistent steady selling that has run through the whole sector and that has happened for rational reasons, not because there is some conspiracy about some aspect of the business. |
Just look at Orsted share price for a clue on which way this baby is going.TRIG Board and managers should sell as many assets as they can at historic NAV or a premium and aggressively buy back stock in the market. 300-400k per day is futile. Kicking the can down the road. |
As I said on the NESF thread, renewable energy stocks may be a hedge for interest rates, IMHO there is something that we have missed that will cause the share price to continue to fall. |
I thought the same at several prices that were not very close to 80p :-(( |
I thought this was a safe stable investment opportunity at £1.00 a share 😂😂128514;😂 |
Unfortunately there are particles smaller than an atom ;-(( |
Reeves has atomised the economy. |
So does the chart of inward investment show an increased downward trend after the Truss mini-budget?
If so where can I see that?
Also the current issues did start immediately after the Reeves budget. |
Truss/Kwarteng caused immeasurable damage to the UK's reputation, to inward investment, to pension funds (LDI).
Labour trashed the economy in the 70's, it recovered. Doesn't mean they didn't trash it.
As for now - the current travails aren't a direct Budget reaction, but they do partially reflect Reeves' failed policies. |
Hargreaves Dividend reinvestment day may have had some effect. Mine added today. |
The rise in mortgage rates was global, we moved in concert with Canada, New Zealand, US, Aus...the Anglosphere. Just check out the swaps from Autumn 22 in the US for example. This time we have moved in concert with the US only. The Eurozone experienced rises in 22 but virtually nothing this time. If you compare the bond yields to the autumn of 22 by reference to International comparisons we have performed significantly worse in 24/25. |
Ask tens of thousands of mortgage holders if it was temporary. Or API shareholders. |
Oh no she didn’t - it was temporary. |
Reeves' supporters? Can you point me to them?
Truss caused immeasurable damage, the attempt to revise history is amusing. |
Whatever Truss did or didn't do, I am amazed that the Reeves' supporters on here aren't at least a little perturbed by her hypocrisy and the pot calling the kettle black. She castigated Truss over increasing Bond yields with the most nasty hyperbolic language, but has zero embarrassment over her own budget causing a much more protracted crisis. And that's the key point, " protraction"; Truss measures were immediately reversed, causing a temporary blip, and Reeves is doubling down causing an extended crisis. |
Reeves will have to join the queue for a lawyer at some point. |
Even better - it serves as a strong reminder of what a fiasco Truss presided over.
But I'd love to see it litigated. |
There are many different views of the economy. I doubt a case describing it one way or the other would get anywhere. Economists are not scientists.
Did Starmer say Truss trashed the "real" economy? Or does that need to be added for clarification. You can argue that the spike in interest rates reduced investment in the country and that "trashed" the economy.
The whole thing is pointless - and doesn't move the country forward. |
The slander law is here to stop defamation, whether you love or hate the person. It was a stupid mini-budget, but “stupid” is not the defamatory comment. An accusation of trashing the economy and the rest, is not true and is very specific.
Truss reputation is hardly undamaged.
As you can tell from posts on advfn |
Red ninja
I’m not sure posting facts on advfn is the done thing ;-) |
Clearly the customer services agent is correct
Highest rates since 2008 (when guess who was in power?)
Economy booming just as she promised
Her own budget likely to be in deficit - which we'll know within one month
IMF here we come |
I'd love to see it go to court - she'd get trounced.
(But still come out saying she'd won). |
I'd love to see it go to court - she'd get trounced. |