Member Info for chilting

As for Zak's prediction for Enquest that has to be right - 33p sounds great - just 1p away from my top slice.

Presumably romaron doesn't concur with Zak's prediction?

Zak purely relies on interpretation of the charts from a technical point of view.
He takes no account of the finances of the company.
So if you belief that you can forecast share prices simply by looking at charts then Zak is your man.

Personally, I think that his views are of interest but he probably has just as much chance of getting it right as anyone else.

Having said all that, as he does have a sheep like following then stocks he pin points may go up as he predicts and he did get it right for ITX.

Thorton
I think breakouts are just as much about share ownership as financials.

That's why it would be great to see an health industry partner on board here, not just for growing the business, but to provide capital and reduce share liquidity - I think with a partner SP growth would be dramatically accelerated.

Even without a partner, I think that we will see a good improvement in sentiment, leading to more long term investment in sticky fingers and a subsequent slow rise in the SP in the long term.

Direct link to Zak

https://www.youtube.com/watch?v=CTkS0w24OKw

graking
There is also one active short, holding just 0.5%, I guess they may now decide to quit while they are still in profit, they came in at around 2100p back in March.

Auchan have sold their Chinese stores to Alibaba.

Did anybody mention that Ocado's two biggest shareholders had just filled their boots!!!

https://www.youtube.com/watch?v=W7aPp-4z-uw

From H1 Ocado
"Ocado Retail achieved strong revenue growth of 20% (22% adjusted for the disposal of Fetch), including positive growth in the second quarter, even as Covid-19 restrictions began to ease and with annualisation against periods of Covid-19 related lockdown experienced in FY20

? With the easing of social distancing restrictions meaning fewer meals consumed at home, basket sizes in the second quarter have begun to move toward pre-Covid-19 levels, exiting the period 10% lower than the average for the half

? Demand for online grocery remains strong and incremental capacity made available by both the accelerated ramp up of Bristol CFC and trends in basket size has been quickly deployed to serve new customers. At the end of the period, Ocado Retail was serving 777,000 active customers, a 22% increase compared with 639,000 in 1H20

? Units picked per hour ('UPH') across mature CFCs increased to 172, primarily reflecting underlying progress at Erith as volumes have ramped

? Drops per van per week ('DPV') was 183, a 4.3% increase even as average basket size remained flat, at £138, as a smoother demand profile in 1H21, compared with 1H20, enabled roster improvements and so better delivery efficiency

? OSP is a model for online grocery fulfilment that enables scalable, sustainably profitable growth. Ocado Retail has continued to demonstrate strong operating leverage in the half, with an EBITDA margin of 8.5% after fees paid to Ocado Group, compared with 4.5% in 1H20"

https://www.youtube.com/watch?v=W7aPp-4z-uw

Not sure about Nissan but news on the Weichai Bus Trial is due any day.

Its all game Jan.
If they don't produce more now it will just simply mean that supply and demand will come into balance sooner.
Long term that will make little difference.
Very short term - oil is now heavily overbought and laws of gravity will kick in.

If the Banks have their way Cash certainly won't be king - all their charges and the policy of closing branches is supressing cash use - Covid has accelerated that change - retailers are 100% behind the Banks to go completely digital - the sooner the better.

Yes, obvious now that there is no downside risk - they have agreed to disagree but the deal goes ahead anyway - just without being formal.

The rift with UAE will probably be patched up by SA taking a compromise cut in output to compensate but in a few months even that will become irrelevant as demand increases.

Long term is good into 2022 especially as Russia seem to be having production problems and probably cannot increase output in the short term - their production in June was less than May.

Excellent news, will introduce EQT to a lot of new investors - especially from the US and Asia.

A lot of the tech won't be that new - large scale commercial glasshouses have been using similar techniques for plant handling for decades, not just in Holland and Denmark but in the UK as well.

The only real difference is the fully enclosed growing environment in warehouse structures on multi-levels - a lot more is fitted into a much smaller area.

Not sure where the existing jones Vertical Farm is located.
I see that Jones have two more farms opening soon - one in the Midlands Q3 2021 and the other in South Wales Q1 2022.
They don't seem to supply Ocado at the moment???
I wonder when we will see a vertical farm located close to a CFC.

Valueplay
Yes, we only started taking cash again in March after the pandemic subsided, but there is still an underlying demand to pay by cash, especially the elderly - so we cannot get away without taking it yet.

Another major change this Spring has been the number of customers using their phones to process contactless payment - before the pandemic only a few people used phones, now I guess about one in ten do.
This is a great innovation, especially as there is no floor limit for contactless phone payments.

Brent is virtually back to the year's high now, so it seems the market is relaxed about the OPEC+ meeting and therefore it seems likely that agreement will probably be reached this afternoon.

This agreement runs through until next April, this should be time for OPEC+ to stabilise the market and match supply with demand.

After that, OPEC+ will still have a role in balancing the market as other producers increase production and renewables take an increasing share of the energy market.

Hopefully the US won't destabilise the market again by oversupply - Bidden's environmental goals may make a big difference this time around.

So, in theory it is now possible that we could see a sustained period of high oil prices that in turn would make renewables look more affordable to the benefit of all.

An earlier story from last March on the same subject - without paywall - it looks like Centrica are now ready to commit from the Telegraphs headline.
Is there any news on the Governments involvement?
https://www.energyvoice.com/renewables-energy-transition/hydrogen/uk-hydrogen/303442/centrica-in-talks-with-uk-to-develop-hydrogen-storage/