Member Info for AllAtSea

Wish I could have more confidence. Unfortunately it seems M&S have been on a bumpy road for rather a long time now. They react to innovation, they are not innovators themselves. They used to be leaders now they have to follow as best they can.

It's a big project being taken on. I did wonder how it would be funded. At the moment the deal is a declaration of intent with little infrastructure, no?

I understand there are cut-off dates before the review. One was the 11 May "Quarterly and Intra-quarter Free Float and Share Updates" which is not relevant here, I think. The relevant date appears to be tomorrow 25 May when the closing share price and ranking determine the company's quarterly review status. As ever, I find it complicated!

My wife was always been a keen M&S shopper much to my chagrin. Unfortunately these days they hardly ever seem to have what she wants or they are out of her size. Nevertheless I keep getting dragged in on fruitless missions as if the clock will go back and M&S will once more be the shop of which she has fond memories. It never is. Me, I haven't bought clothes there for a decade. Where have they gone wrong?

Whilst all attention is elsewhere - Asda/Sainsbury, Ocado, Tesco Direct, M&S, Mothercare - I'd suggest this is now a bargain priced stock. If not why not? As an indication of the way things are going, note that B&M are building a new warehouse for 2019 : "Simon Arora, chief executive of B&M Retail Ltd, said: �Our continued nationwide growth has allowed us to invest approximately �100m in what will be one of the largest distribution facilities in the UK. We are delighted to be coming to Bedford and will be recruiting in 2019 as the building approaches completion.� Read more at: https://www.bedfordtoday.co.uk/news/1-400-jobs-to-be-created-in-bedford-with-new-aldi-and-b-m-warehouses-1-8467096 Although announced back in April this news hasn't exactly hit the headlines.

Hmmmm...

As things stand Ocado would rate inclusion in the FTSE100 on 30 May. M&S market capitalisation: �4.74 bn Ocado market capitalisation: �5.98 bn

LOL! I won't mention my Ocado buy in at the start of the month!! Nor Stadium end of last year. All pure luck as you say, you lose some maybe you win others. But back on topic I still see ECK as a steady bet altho' it's not in a one-horse race. And if nothing else, it pays a divi.

I just liked the pictures on their vans. Someone mentioned elevation to the FTSE100. Is that more realistic now?

Done a bit more scrabbling around before I sell. "Canaccord Genuity restated their buy rating on shares of Eckoh (LON:ECK) in a research report sent to investors on Monday. They currently have a GBX 60 ($0.81) target price on the stock Separately, Berenberg Bank reissued a buy rating and set a GBX 65 ($0.88) target price on shares of Eckoh in a research note on Monday, February 26th." I see that 18% of Echoh stock is held by Hargreave Hale (14 May 2018). Hargreave Hale were acquired by Wealth Management company Canaccord last year: "Canaccord Genuity Wealth Management (CGWM) CEO and former Wealth Manager cover star David Esfandi said he was very impressed by the quality and calibre of people within Hargreave Hale." http://citywire.co.uk/wealth-manager/news/canaccord-strikes-80m-deal-to-buy-hargreave-hale/a1031016 Suggest to me it's too soon to jump ship but DYOR. 12 June there will be an earnings release, I believe.

Done a bit more scrabbling around before I sell. "Canaccord Genuity restated their buy rating on shares of Eckoh (LON:ECK) in a research report sent to investors on Monday. They currently have a GBX 60 ($0.81) target price on the stock Separately, Berenberg Bank reissued a buy rating and set a GBX 65 ($0.88) target price on shares of Eckoh in a research note on Monday, February 26th." I see that 18% of Echoh stock is held by Hargreave Hale (14 May 2018). Hargreave Hale were acquired by Wealth Management company Canaccord last year: "Canaccord Genuity Wealth Management (CGWM) CEO and former Wealth Manager cover star David Esfandi said he was very impressed by the quality and calibre of people within Hargreave Hale." http://citywire.co.uk/wealth-manager/news/canaccord-strikes-80m-deal-to-buy-hargreave-hale/a1031016 Suggest to me it's too soon to jump ship but DYOR. 12 June there will be an earnings release, I believe.

I get your drift shipmate - I may be taking to the lifeboats myself if we sink any lower!

"Strategic Estate Planning": In Sept last year he bought 15k shares at 42p which took his holding to 2.9m shares. Forsyth also dived in: "Forsyth acquired 9,267 ordinary shares at a price of 43p, increasing his holding to 1.2 million."

Came a bit unstuck in Q1. A brave face is being shown: "AstraZeneca has a tough first quarter as sales and earnings came in lower than expected due to investment in drug launches and a larger erosion of its Crestor statin drug than expected, but there were encouraging performance from newer drugs." Needs to go a lot lower before I would be interested.

..lying around whilst researching blockchain, From what I see any company in this business (PCI-DSS) has to get into blockchain tech and PCI-pal have said they recognise this. Whether they have the capacity to follow through, I don't know but the price is low enough to take a punt. Any alternative views?

I could take 26% profit on a 2 week investment. But I won't - it has potential and is worth hanging onto.

It reminds me of the film, what was it called? Ah yes: The Big Short. Maybe they got their shorts on back-to-front this time. Reports suggest that Ocado came to the negotiations with a stronger hand than Kroger. Even so, it's a big joint project - will need good management to succeed.

a couple of weeks ago and topped up today bringing my average sp to 640. Could have sold in the 900s but I don't have that sort of confidence! Nevertheless I am happy with my stake in a company that's a leader in AI and has just received a massive boost.

May shake things up in the UK too.

It's in the news that banks such as HSBC see blockchain transactions as the future. I can't help feeling this could impact on Eckoh and have messaged them to ask what they think. Hopefully it's not a stupid question!