Member Info for chilting

Typo - 1.70p

Certainly a lively start this morning, on good volume, starting to press 160p.

I think last weeks trading update is pushing the SP rather than any takeover speculation, but it all helps - hopefully the institutions will start actively buying to underpin the SP, and get the SP back over £2 by Christmas.

News today that Nadia Shouraboura has been appointed as a Non-Executive Director.

Nadia is a former Vice President of Amazon and founded and served as CEO of Hointer Inc a retail tech company.

Ammu
Its great that you can sometimes get things right!

I guess that this Which survey is more a way to gauge stock turn than freshness, so in that regard its not surprising that most of the retailers are bunched together with Waitrose trailing badly behind.

Waitrose are in no mans land between M&S - who are delivering on quality - and the rest - who are delivering on price.

L3
No, simply that AB has successfully substantially improved the financial prospects of Enquest despite the headwinds of Covid and the low oil price for an extended period - this will be reflected in the SP.

How AB capitalises on that success is the next chapter - we all have different views on that.

Its actually the long term prospects that are coming into play now - the September update will favorably reflect Enquest's prospects for the first time in many years.

Nice in theory Ammu, but volume is still fairly low - I think the jump will come with the results and it WILL be dramatic.

This week is a fantastic entry point for new investment - there is a real case for getting in ahead of the crowd!

Customers are opting for Ocado Retail as a reliable option with good availability - bricks and mortar supermarkets are super stretched at the moment and their labour problems are set to continue for the foreseeable future.

Any hint or strong rumour would send the SP soaring.

Yes, Brent has bounced - now up - should be a good week!

If the current Zoom model can only work by employing gig economy casual workers on motor bikes then it becomes questionable if it is viable and changes need to be made.

Small companies seem to be trying to fill this space, and are prepared to cut corners by underpaying and overloading drivers to improve margins.

It may be better for Ocado to use small electric vehicles with a higher capacity rather than motorbikes and employ the workforce directly.
Something like this could be suitable
https://www.goingreen.co.uk/product/carry-me-micro-electric-van-2019-lithium-spec-white/

This needs sorting.

https://www.theguardian.com/business/2021/aug/21/ocado-drivers-paid-less-than-5-an-hour

The macro is still all mashed up by Covid for the Chinese, there problem isn't lack of demand - its too much demand all at once.

Evidence of this can be seen in the huge jump in shipping costs - one of our suppliers was charged £40 per pallet before Covid - now paying over £200.

Another company I invest in has dramatically increased their stocks of raw materials - sourced from China - to ensure that they don't run out of stock.

Until trade returns to something like normal, the numbers out of China have to be regarded as misleading - especially for cheap bulky and low value goods, because transport costs will probably account for a high percentage of their cost.

Q3 was always going to be fairly flat for Brent and it would be wrong for OPEC+ to strongarm the oil market, but they are still controlling supply and Brent has now drifted down into oversold territory to check out the 2021 lows. The next move will more than likely take Brent back over $70, into the comfortable for all $70-$75 zone .

A spike over $80 would do considerable long term damage - the last thing the world economy needs right now is inflation caused by higher energy costs - that would kill the economy, cut demand for oil and ultimately probably send Brent diving back towards $40.

Just back from holiday to a wonderful update.

Just back from holiday and I see that Brent is testing the end of May low without causing to much problem to the SP, should bode well for the update in a couple of weeks, especially if Brent moves up from the low with OPEC+ support - could be two green lights.

Carbon Capture could be a major revenue stream for North Sea Oil companies in the future, it could even be the only revenue stream in the very long term.

So if Governments and large Corporations want to pay oil companies for ridding the planet of carbon by burying it under the North Sea, so be it - if they don't forget it.

Good coverage of the reopening of Andover CFC - reporter is very well briefed.
Starts at 5 mins into program -

https://www.bbc.co.uk/iplayer/episode/m000yr2n/south-today-evening-news-12082021

Meantime, I am still waiting for my pants!