Member Info for chilting

Its overbought shares that are vulnerable to a bigger dip and Enquest certainly isn't in that category.

Its probably best to do nothing anyway and just let the correction happen, then look for some buying opportunities when sentiment improves - just like Summer 2020 after the Covid markdown.

Supply issues look set to dominate the news agenda this week.

Shortages of meat, fizzy drinks and frozen food are all starting to kick in.

Ocado Retail have very limited supplies of frozen goods because dry ice is in short supply.

Big impact now on frozen food due to shortage of dry ice needed in transportation - will be in short supply quite quickly.

Agreed that the video doesn't present all the facts, but it seems that Tesco haven't been asking questions regarding sourcing, and some of their product is coming from farm land newly created by illegal logging - all to be proven.

Tesco are claiming they don't source any product from these areas are are using that claim in their green marketing.

The point is that if organisations like Greenpeace don't challenge to get to the truth then climate change issues like illegal logging will continue - now I guess all UK importers and retailers will be checking their sources.

The irony here is that we have a shortage of CO2 - the gas responsible for global warming.

This is quite shocking - very poor from Tesco -

https://act.greenpeace.org/page/89329/data/1?source=EM&subsource=FOAMREOAEM05WY&utm_source=newsletter&utm_medium=Email&utm_campaign=Aggie+Share+Video+Tool+OA++OA+20210902&utm_term=

Could there be some connection to the riser detachment in late 2020 - maybe Enquest consider the company at fault in some way? - just speculation.

The SP has changed but the fundamentals are still the same here - there will always be volatility with small caps - I was down 95% on ITX but that still came good - just hold your nerve but don't risk more than you can afford to loose.

Maybe Breedon will consider a FTSE250 listing, especially as its now attracting more institutional investment, presumably because its seen as more inflation proof than most companies.

A FTSE250 listing would bring it in at a current ranking of 118 within the 250.

It could be an opportunistic time for such a move and would I think give the SP a big push as more equity went into sticky institutional hands.

jimjam
Ocado Retail ramp up capacity as needed in each CFC both long term and seasonally.
Also not seeing hardly any subs or items ordered out of stock at the moment - last one for me was July - they seem to be taking unavailable items out the system earlier.

Yes that's certainly correct WolfofWarks - especially comparing OCDO and ASOS.

Looking back in hindsight its easy to see that it was Covid that pushed up the SP from March 2020, and it wasn't until March 2021 that reality set in again - basically OCDO was in hyper oversold mode for a year.

So, since the Spring the SP has been drifting looking for something to latch onto, we have had a few false dawns, but as always when sentiment is shot it will take something significant to turn the tide - just be patient it will come - in the meantime take the advantage of the low SP to top up.

Shaw closed their short yesterday at 0.5% and have started another below the radar at 0.48%.

First of all John Lewis were closing stores as Armageddon approached, because of the march of online sales - now they are running around like headless chickens trying to fill their stores with Christmas tat from China - you really couldn't make it up!

https://www.bbc.co.uk/news/business-58581812

Its probably necessary to understand what Eqtec and KIBO will be contributing to the project.

The RNS talks about invoicing development costs - good profit here I guess.

After that it seems that Eqtec will have a supervisory role - presumably to make sure the structures and layout of the development are correct and that the plant supplied is properly constructed.

Then finally a maintenance contract.

So presumably KIBO will actually be developing the site, constructing the plant and providing most of the labour, hence the 55% share.

Personally, I would settle for the 45% share, just for the development plan, tech supply and maintenance.

Until Eqtec start to role in the big money and the profits, every big deal they make has to be de-risked with a partner - simply because even a time delay to a project could prove fatal to the company in terms of cash flow.

Brent is back up near the top of its summer range again after testing the now established low at $65 on the 20th August.

The question now is will it top the near $77 it reached in early July?

My guess is that it probably will and will move close to $80, at that point OPEC+ will step in and raise supply to push it back to the desired level for all, which I think is $70-75.

The recent rise is MKS's SP seems to rule out a takeover now.

https://www.sharesmagazine.co.uk/article/uk-takeover-frenzy-is-it-about-to-end-soon

Looks good!

https://www.360imagery.co.uk/portfolio/panattoni-luton-346/

To me it underlines the need for Nuclear as the ultimate back up - its so fast to activate - hopefully new tech advances can make it cheaper - for example the Chinese are building a thorium powered reactor that doesn't need expensive water cooling.