SOMETIMES WE JUST GET IT WRONG

I'M TALKING ABOUT OUR LATEST SHARE PURCHASE

QUANTUM DATA ENERGY

Quantum Data Energy develops, owns, and operates flexible, small-scale, gas-powered, with a future in AI-dedicated power generation assets. The company aims to stabilize the UK national grid, specifically focusing on supplying power to AI datacentres and expanding to 1 GW of capacity over the next 36 months. 

The share price has dropped over 50% since we purchased - but it is early days and, as we initially only invested £1000, it is not worth us selling: we will hang on in there.

Share price at the time of writing: 3.76p

ON A MORE POSITIVE NOTE:

BAE Systems plc - This company continues to perform. We are currently showing a 127% paper profit on our share purchases. The share price has rocketed 60% over the past year alone, driven by the US raid on Venezuela and calls by President Trump for a massive increase to the US military budget. The overall view is that this budget will rise from $901bn this year, to $1.5trn in 2027

BAE is one of six contractors to the US Department of Defence

Share price at the time of writing: 1989.50 BAE is our largest share holding.

We are holding.

Costain: Costain Group plc stands at the forefront of engineering excellence, driven by a steadfast commitment to innovation and sustainability that shapes the future of infrastructure across the UK and beyond. Embracing cutting-edge technology, Costain consistently delivers advanced solutions that not only enhance the efficiency and resilience of energy and transportation projects but also contribute to a greener, more sustainable world.

With a clear vision for market growth and an unwavering dedication to responsible development, Costain is uniquely positioned to lead the industry forward, transforming challenges into opportunities and building a legacy of progress that benefits communities and the environment alike.

The China dolls are showing a paper profit of 75% on this share purchase.

We are HOLDING - Share price at the time of writing 174.88

Halma: As many of you are aware, we have held shares in Halma for many years -

At the time of writing we are showing a paper profit of 84%

Halma is our second largest share holding.

The company made excellent progress in the first half of 2025 with record revenue and profit. It's continuing success reflects the fundamental strengths of its Sustainable Growth Model. It is well positioned to make further progress for many years to come. It is rated as a STRONG HOLD - so we are hanging on to this one!

Rolls Royce: The share price of RR at our November meeting was 1,061.50 - at the time of writing the share price stands at: 1,240.00p 

Despite the lack of sales in the RR car during 2025, the overall outlook for its other interests including Civil Aerospace, Defence and Power Stysems are looking very strong. 

We are showing a 31% paper profit at the moment. So another definite HOLD.

DISCUSSION:

FILTRONIC: This is a company we discussed during our November meeting. The share price was then sitting at 130p. Sadly we didn't invest and the share price is now 195p. One to watch:

Filtronic is a UK-based designer and manufacturer of advanced radio frequency (RF), microwave, and millimeter-wave (mmWave) components, modules, and subsystems.

Serving the aerospace, defense, space, and telecommunications infrastructure sectors, they specialize in high-performance connectivity solutions like E-band transceivers, filters, and amplifiers. 

DECISIONS:

Rather than investing in any new companies, we decided to add a further £500 into three of our existing holdings:

SEGRO (expansion in europe is going well)

SYLVANIUM PLATINUM (share price has risen to an all time high in January)

AMPEAK ENERGY: ( yes we are still convinced this will come good in time!)