The Anonymous Widower

Torotrak Share Price Rises

On of my Google Alerts picked up this article from www.financialmagazin.com which is entitled How Analysts Feel About Torotrak plc After Today’s Huge Increase?

Torotrak is an engineering company behind some kinetic energy recovery systems, that are seen in motor sport like Formula One. But the technology also has applications in the general motor industry to save fuel and we all know the hole VW has dug for itself.

But could the rise in the share price be driver by the big event happening tomorrow – The Chancellor’s Autumn Statement?

Probably not, but Torotrak’s system might be part of a suitable energy storage system for an Independently Powered Electrical Multiple Unit or IPEMU.

One of George Osborne’s biggest problems is funding the electrification of the railways, as if we are to modernise this country, then most rail lines need to be electrified or at least provided with modern trains.

I believe that the IPEMU is one solution to reduce costs, by avoiding the horrendous problems and costs of putting up the wires.

So will George go for it?

November 24, 2015 - Posted by | Finance, Transport | , ,

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