Member Info for AllAtSea

B0ll0x to Brexit.

AV. dividend is still rubbish at this price compared to LGEN and MNG. I have reduced my holding 90% to a betting token bought at 301p.

I have a fair bit of cash from taking profits last week and am thinking of buying in again this week. Should I buy low dividend AV.? Or just consider LGEN and MNG who pay considerably more dividend than AV. and have more stable management.

Of course AV. kept the money from their cut and from their sales and have estimated cash per share is just 5p or less whereas MNG has about half that, but what will AV. do with their loot?

The ability of the respective managements to make profits evidenced by recent trading figures is significantly better in the case of MNG.

Dividend cover of MNG may be lower than AV. but it's strong and the yield is double.

They are also going 'green' which is a good long term approach in my view.

https://www.ft.com/partnercontent/unilever/a-1bn-investment-to-clean-up-cleaning.html?utm_source=DI&utm_medium=sustainability&utm_content=paid

How do you prove a claim is false in such a complex area? Patent law is littered with claims by inventors who believe they were first. Some of the problems explained here:

https://ipkitten.blogspot.com/2010/01/more-on-that-angora-cat.html

Yes, they will be aware of the commercial impact and probably did a cost/benefit analysis.

Can't see this has been mentioned apologies if so, it has no date I can see.

"On 1st October 2020, Ocado Group was notified of a press release from Norwegian technology and robotics manufacturing company, AutoStore, around an alleged infringement of their rights.

At the time, we confirmed that we had not yet received any papers in relation to these claims from AutoStore, that the press release was the first we had heard of the new claim, and that we would investigate any claims once we had received further details.

We have since received the papers in relation to these claims and, after a preliminary review, we can confirm that we do not believe any infringement of any valid AutoStore rights has taken place.

As a leader in technology and engineering solutions, we have over 750 patents granted and pending that we use to protect the unique and proprietary end-to-end software systems and physical fulfilment assets that make up the Ocado Smart Platform (OSP), our solution enabling retail partners to lead in online grocery in their respective markets.

We are serial innovators and our intellectual property is our greatest asset and fundamental source of our competitive advantage. Patents are part of the rigorous measures we take to protect this intellectual property, built up over nineteen years of learning, research, and development.

We have a team dedicated to the correct preservation of our intellectual property. We are currently investigating whether AutoStore has or intends to infringe those patents. We will always vigorously protect our intellectual property and are considering all options in this regard."

https://www.ocadogroup.com/response-infringement-autostore-rights

If after a 'preliminary review' they 'confirm that we do not believe any infringement of any valid AutoStore rights has taken place' it suggests the infringement does not exist or is obscured in the detail, i.e. not fundamental. Another explanation might be simple speculative opportunism.

Dunno about 'woke', I've gone to sleep..

Got back in today 307 after selling out at 415.

Maybe Autostore can only claim for past infringements. i.e. before the expiry of the protection. Patents are very tricky things: just try to discover who really invented the lightbulb!

When they had a warehouse fire was when I sold a load. Then I wished I had not!

Patents are an area full of conflict very often resolved amicably so I am holding on and would buy more at the lower price if I could.

who called this price end of March!

https://www.lse.co.uk/ShareChat.asp?ShareTicker=RDSB&share=Royal-Dutch-Shell-B&thread=EEFE00A2-E3AD-402B-A8BC-027382845826

I bought no more after that but I wish I'd sold!

Own both and stop worrying! Aviva has given me my largest losses; LGEN some of my biggest profits.

I'm using Halifax. They didn't thrust the offer in my face, it was tucked away in the inbox without a prompt.

The process thereafter was not well communicated. If I get shares, good, if I get my money back I can use it somewhere. I am concerned that a chunk of funding has disappeared, represented only by "Greencoat election dummy" where they say I have applied for a number of shares on a par with £1 of my funding!

Is there a hopeful buyer in the offing; doesn't want to pay too much? Have been chiselled once so I am sensitive..

I'd a number of other good rises yesterday not just LGEN and none of them had dividend payments unfortunately.

In any case if I get dividend payments I have a dozen portfolio companies I could choose to reinvest them in, not just the one that paid me. Ungrateful, me?!

Lately I have been buying GSK which seems to be unloved for no good reason I can spot.

Interesting article about a new appointee:

"Shell's new clean-energy boss is forging a fresh future for the $100 billion giant as the oil business begins to unravel"

https://www.businessinsider.com/elisabeth-brinton-new-energies-boss-royal-dutch-shell-business-model-2020-9

Worth taking on board as, like it or not, most fossils should be left buried!

Unfortunately it is only recently that companies like Shell and BP started to take renewables seriously enough. Some like Exxon remain in denial.

What that means is that, like supertankers, however much the rudder is turned it has too little effect on the ship's course.
For decades Shell have employed people who are dedicated to oil production and people who lobby for its continuation, they are determined people who don't change their ideas easily if at all.

The skipper might say the company has to change but he has to convince the crew to get maximum performance in making that change. Meanwhile, new companies without that baggage are appearing rapidly over the horizon.

I am resigned to holding what RDSB shares I have but I see no reason to buy more when there are quicker opportunities around. And if the management get it right I could still be onto a winner.

It's very bizarre. They now show I have been provisionally (I assume) allocated the shares I wanted but only taken funds to the value of £1 per share. If that is how subscribing works I shall do more of it.

I'd doubt that it's influenced by the dividend timing. More general factors seem a more likely cause. The economic threats of EU exit and the pandemic for example. There is also the state of other finance-related businesses i.e. banks.

Subscribed a modest amount through a nominee. Strangely an amount less than I offered has disappeared. Does this mean an oversubscription? How can I find out what is going on? I am new to subscribing.

Added few more at this price.

Everything suggests the sp is cheap. What's the catch? I have been holding these since they were 119p and taken some handy profits over those years but really I feel I should buy more if the indicators don't lie.

This is one of several options I am looking at, including UKW's subscription offer, expires tonight.