SUMMER HOLIDAYS

THE SOUTH COAST WAS A LITLE BUSIER THAN THIS!

What a summer it has been. We've certainly enjoyed it.

Back to business.

SHARES:

BAE: The share price has fallen back slightly over the past couple of months, however we are still showing a paper profit of 98%. With the prospect of Trump pulling off a peace deal, we deliberated whether to sell some stock. But the company upgraded its full-year guidance recently following "another strong" performance in the first half against a market backdrop of increased defence spending. The decision was to HOLD.

Share price at the time of writing 1777.50p (it has been up to 1962 over the past year).

SIMEC ATLANTIS ENGERGY LIMITED - NOW KNOWN AS AMPEAK ENERGY

We were very excited this month when Simec Atlantis Energy confirmed that the AW1 battery storage project at Uskmouth has been financially secured, with SAE delivering its strategy to make this the biggest announcement in the company’s history. It will result in one of the largest battery storage sites in the UK. There is a contracted grid connection date of October 2026 which will facilitate full commercial operations during 2027. 

The share price rose from 2.00p to 4.60p before falling back to 2.52p.

At the time of writing the share price is standing at 2.50

This share is rated a very strong buy with the prospect of another storage planning project being passed in Scotland within the next year.

WE ARE HOLDING.

SURFACE TRANSFORMS: The share price rose 90% this month 

From 0.80 to 1.70 before falling back to today's price of 1.47p.

The rise has been credited to significant improvements in their manufacturing procedures. 

It is a company that develops, manufactures, and markets carbon-ceramic products for the brakes market. It also engages in developing new products and applications for carbon fiber-reinforced ceramic friction and non-friction materials.

As previously reported, we bought at 46p......so not worth us selling this share!

ROLLS ROYCE: Over the past 6 months RR share price has risen 66%.

We bought in at 802 and it is now sitting at 1056, so we are delighted with our purchase.

Revenue rose 11% to £9.1 billion in the first half year. Underlying profit jumped 50% ahead of expections. With positions in combat aircraft and nuclear submarines the company is well placed to capture some of the increase spending.

We invested a further £2000 this month. HOLD

TAYLOR WIMPEY: What a disaster this share purchase has been. We bought in at 166p and the price is now showing 99p. This has been mainly due to the expense of repairing the cladding on many of the tower blocks they have built in the past. However, it is a substantial company of long standing which has a large "land bank".

The decision was made to hold on to our investment and look to the future.

DECISIONS:

WARPAINT: Initially we were very pleased with the performance of this company. However over the past few months the share price has fallen. We are now showing a paper loss of

23%. The decision was made to sell £2000 and invest this money into Rolls Royce.

We still hold a substantial 1350 shares in the company - which we will HOLD for the time being.

CRODA: Price at the time of writing 2534p.

After peaking in late 2021 at 10,000p, the Croda share price has been in freefall and now trades at a 10-year low, partly due to poor inventory management and poor cash collection from its debtors. Over the last 5 years the company has invested heavily through acquisitions and expanding its pharmaceutical capabilities, but these have not translated into improvements in profitability. However some brokers think it’s still one to watch with possible long-term potential. Dividend 4.1%

WE DISCUSSED SELLING OFF MORE OF OUR INVESTMENT IN CRODA. BUT DECIDED TO HOLD FOR THE TIME BEING.       

DISCLAIMER.

The China Dolls is a group of private individuals who meet regularly to discuss investment strategy and make investments based on the collective opinion of the the group.

The China Dolls is not in the business of offering any form of advice on investing or other financial matters.

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