Member Info for Canary3

famous Long v Short battle between Billionaires , i remember it playing out on Bloomberg back in the day.

https://streetfins.com/bill-ackman-versus-herbalife-what-happened/

Cross posted..as i said fighting for scraps

Thnaks for the update

At close of play before the UT trade we had traded a total of 4.3 Million

Now at 5.15- we are at 6.6 million

50% + more than traded in the day.

They are fighting for scraps, very pleased to hear that Shorts are increasing.

GL

If he goes to Japan its for a big reason..IMO

Those frozen meals need another market..USA or Japan or maybe both..

Ramping away..i will be in trouble

All Imo of course

the German and Italian Banks were bailed out by the ‘loans’ that the EU gave to Ireland and Greece, the money went into those banks as it whizzed through greece and Ireland.

I was working in Dublin at the time, the whole thing was a disgrace.

I am wiling to bet that the EU tries to get the UK involved in the forthcoming bailout and i bet the Cicvil service the treasury and the politicians all will think its a good thing to help out..

I am very cynical about the powers that be in the UK..plenty of top jobs available in Brussels for those that ‘help’.

We need to pay more for our food, for years the Government subsidised food by setting the minimum wage low, and giving staff additional benefits from taxes, this kept the wage bill low and allowed the supermarkets to make a reasonable profit.
This was my bit not the trading stament...

Now with the likes of Aldi paying above the minimum wage, the dynamic is changing.

IMO of course

Tesco did very poorly in their last statement, big grocers Margins are very small , one of the reasons we had a salad shortage is that UK supermarkets pay very low prices to farmers.

From the last trading statement.

Year on year Tesco PLC had net income fall -75.13% from 5.95bn to 1.48bn despite a 5.97% increase in revenues from 57.89bn to 61.34bn. An increase in the selling, general and administrative costs as a percentage of sales from 3.05% to 3.23% was a component in the falling net income despite rising revenues.

We need to pay more for our food, for years the Government subsidised food by setting the minimum wage low, and giving staff additional benefits from taxes, this kept the wage bill low and allowed the supermarkets to make a reasonable profit.

Now with the likes of Aldi paying above the minimum wage, the dynamic is changing.

IMO of course

There is still a strategic review going on, i would imagine that they will be making moves to get Beuty more focused on primary areas and take a hard look at non -primary.

Primary ha the growth and beauty was dragged don by non- primary areas.

If they do that then all will be well

U/t + after hours over 2 million so far..agree someone buying a few more

Sorry Link to the company
https://mayekawa.com/americas/mna/

The Tom Killen post was commented on by a lady called Anne Ramos, she said she said “Enjoy KY wish i was there to officially meet you, she is an EX tHG employee in Kentucky.

She is now Safety Manager for Mayekawa USA, they have a division specialising in Food and Beverages , including Frozen and chilled food.

Its interesting what you can find on Linked in when you want to have a nose around.

Andy wood - Mothers day box sold out and he is confident that the Beauty easter egg will sell out for the 7th year in a row.

Also New Jersey is the first to use THG software from start to finish, that was from the post by Tom Killeen that he liked, TK was then off to Kentucky , someone posted here about a huge Autostore installation there, that uses two software providers and i think also a third company that is an integrator.

I think all eyes will be on New jersey if it launches smoothly and operates to expectations we will see a flurry of interest in the THG software, thats a big opportunity IMO

Well it could be both, 2nd THG fully automated including Pay per pick..

I would like it to be PPP obviously

LOL

* Transitioned legacy site into robotized – first in US network AutoStore, 2nd globally

This was his opening achievement, i cant quite make sense of it, Autostroe has over 1000 installations, is he saying that they will all have been new builds as it were?

Or is he referring to the fact that this one is full end to end with one software provider IE thg

Or anything else?

But it seems like a big thing in his eyes!

ST2000

there are two reasons IMO

1 They don't want to that and are following another route, either partially or fully.
2 They do want to do that either partially or fully, but it is proving to be very difficult.

I always think , if it look easy and straightforward then it would have been done by now.

GL

can anyone help me with this one, I don't understand why Spread would take a long position in Kelso.

I have done bit of reading and it ‘might be’ one or a variation of these, i have no idea though.

- They have a client that has a very large position on Kelso and Spread are taking this Long position to protect themselves.
- The have a lot of smaller clients taking a positions on Kelso all the one way, these positions aggregated exceed their risk limits. so they take this long position.

I can't figure out if the clients are long or short, i suspect that the aggregate position of clients is Long, so that if the SP rises, the spreadex position will also rise and so allow them to pay out to clients from the proceeds when they sell.

the other thing is that there has been no trades in Kelso to speak of, but Spreadex has now almost 10% voting rights in the company, how have they obtained shares?

Obviously i have no clue how this works

Sensible replies appreciated..LOL

Sorry SIH i just saw it was Steve2000,

So where is the downgrade Steve2000?

47p target then, is that what you are referring to Stev in hull?

Or have they lowered the price again as it seems you can see whats going on.

Thnaks

They are already underweight have they down graded from there, i cant find any reports on line

Thnaks

Increasing, whilst the SP rises..

GL to the minnows