Stanley Services News Today

Last week saw the first face-to-face AGM of the Falkland Islands Association since the pandemic began in 2020. It was held at the Abbey Centre in Westminster. About fifty members were present in person. But another fifty took part - some of them from the Falklands – via Zoom. This was a major improvement on earlier AGMs when decisions could be taken only by those actually present. All future AGMs will be done this way.

Due to the continued impact of increasing fuel prices, the Falkland Islands Government announced that in accordance with Regulation 10A of the Electricity Supply Regulations 1969, there will be a change in the price of electricity supplied to consumers.

The price of diesel in the Falkland Islands has risen. Gareth Goodwin from Stanley Services was quoted by Falklands Television saying volatility risen from the war in Ukraine following the Russian invasion has caused disruptions in global fuel markets.

While most experts are on board with buying the Morgan Stanley stock, the recent dip might have made some of them have second thoughts. Is the stock still worth buying?