Member Info for Carrington

Retail sales figures out
UK Retail Sales (M/M) Apr: 1.4% (exp -0.3%; prev -1.4%; prevR -1.2%)
- Retail Sales (Y/Y) Apr: -4.9% (exp -7.0%; prev 0.9%; prevR 1.3%)
Looking at these estimates should be a blue day for MKS
gla dyor etc

"Be interesting if there appears a TR-1 with a new investor 3%+ holding out of it all"

Hey Poker - Generation Investment Management LLP appear to have increased their holding to over 5pct, - now can you tell me what the lottery numbers are for the next draw please

I have been buying these for the last few weeks and keep adding as they fall - I am taking a 3 year plus view as I do with all the shares I buy so not too concerned about day to day fluctuations - Looking at the current share price it is below what it was before most of the relevant retail contracts Ocado have were signed so I see the drop as overdone - I like the Ocado model and it is well protected re patents as Autostore found out - inflation continues to push up retail salaries and companies can only wear this for so long before something has to give - may take a while but I am prepared to wait
gla dyor etc

Added this morning at 69.3p
gla dyor etc

AKO reduced their position on the 9th May - overall shorts at 2.32pct which isn't huge - I think that is a play on macro economics, Russia, inflation etc - not too concerned atm as fuel hedged with NEX - The crunch for shorts will come on the 28th July with the half year results - I expect passenger numbers to increase big as people revert to bus rather than car - I expect the share price to increase on the run up to results providing we don't get anymore apocalyptic macro economic data through - shorts will not want to be short if the results are good which I expect them to be
dyor etc

Tin hat time today Jtan - the whole market being sold off - as I said before not an issue unless you HAVE to sell, fortunately I don't and will add on severe drops as will plenty of others
gl dyor etc

At the end of the day it is in Opec's interest to keep inflation down to stop a worldwide recession and turning the taps on would facilitate this, if there is a worldwide recession then oil will be back to 60 dollars pdq anyway so makes sense for them to act imo
dyor etc

Reading between the lines of these comments from Archie I think one can conclude that MKS have done very well of late and this will be reflected in the results next week
dyor etc
https://www.standard.co.uk/news/uk/food-price-increases-cost-living-marks-and-spencer-boss-archie-norman-b1000440.html

The way the oil price is going people will/are being forced to use the bus and NEX have fuel hedged going forward - happy days - never an ill wind that doesn't blow some good - once sell orders are exhausted at 250p this will imo move upwards pdq.
gla dyor etc

Kroger reports earnings on the 16th June, MKS reports next week - looking forward to that - I hold MKS stock and I have been very impressed with the Ocado model and added Ocado shares to my portfolio as they have been falling - I expect both sets of results to be good - let's see
gla dyor etc

Plenty of people bought in lower than 250p much lower as the share was below 200p only 3 months ago the share is range bound atm and people are looking to exit at the top of the current range which is 250p - no issue for me personally as I intend to hold and add more if it drops significantly it's only an issue if you're trading which I'm not I'm investing and looking 3 years plus down the line to double bag unless I can realise this within said period
Atb door etc

Nice finish and my 717p add yesterday now looking very good indeed and extra g and t before dinner tonight for me and Mrs C is in order
Good weekend all

Looking at the graph over the last few days there is heavy resistance at 250p - I suspect there are a lot of sell orders waiting to be filled at that point so may take a while to break through - looking at fundamentals this should be over 300p with the cost of living forcing people to use buses rather than cars - patience needed here
gla dyor etc

Eu defence spending set to take off - Kerching for RR. - glad I added yesterday

https://www.cityam.com/european-defense-ma-ready-to-take-off/

Said MM marks down BT share price on back of Deutsche Bank sell reco to 140p - markets then realise it is Deutsche Bank that has made the reco and adjusts accordingly - BT to finish blue today imo
dyor etc

Hey Larry a blue finish is never a bad thing matey I got it wrong by selling a few yesterday but overall happy with the results and happy to keep the reminder of my holding long term

"Personally, this is heading to 400p and below." -- you have answered your own question then, so you need to be shorting now then Hedged - that will give you around 50pct profit -if the 400p is realised -
gl dyor etc

Hedged, - if I knew that for a share I would be a millionnaire!! - at the moment the drop is being driven by the tech sell off imo - the Nasdaq has fallen around 30pct in the last 6 months alone, but Ocado imo is falling disproportionately - directors buying is always a good sign - I am adding as I believe the share is undervalued as do many of the brokers - it is impossible to call the bottom but I think if it drops much further it will be a target for PE - only my opinion
dyor etc

Added today at 717p

gla dyor etc

"Governments are increasing their long-term budget allocations towards defence activities, underpinning the long-term growth outlook we hold for Defence" - In plain speak this means RR will clean up in terms of contracts during and after the war - added today at 81p