Member Info for chilting

One service that I think that we might see as capacity increases with the opening of the three new CFC's is the introduction of click and collect for Ocado Retail customers at M&S stores - it would be a logical move.

One service that I think that we might see as capacity increases is the introduction of click and collect for Ocado Retail customers at M&S stores - it would be a logical move.

Three CFC's come online in 2021 - this will eventually add 40% extra capacity to Ocado Retail.
Anything Tesco does is simply aimed at cutting their costs - they obviously can ramp up capacity for home delivery and click and collect but every additional order by these methods erodes profits.
Meanwhile Ocado Solutions will continue to go from strength to strength and Ocado Retail will provide more opportunities for income and investment as more CFC's are added.

Looking to be a good week for Brent - maybe we might even start to see Enquest move back towards 20p.
When sentiment changes it changes quickly - we could be on the verge of a spike - a short taste of things to come.

I can see Brent spiking if demand does start to look as if it will exceed supply but I agree with londoner that it is unlikely to actually happen. However, it seems likely that OPEC+ will increasingly dominate the market and they will be able to manipulate the oil price, so I think that we will get brief periods lasting a few months when the oil price does spike and it could go quite high.

From Enquest's point of view the company can benefit from the spikes, especially if they hedge well. The net result is that they can pay down some debt but I don't see that they can thrive unless they diversify away from oil.

So I don't think that Brent will hold any gains for any more than a few months at a time and Enquest won't benefit that much, but the volatility will create good opportunities for investors when Brent rises, especially as the SP is so devoid of positive sentiment when Brent is low.

Your loss Neil - there is easily a 30% gain here when the next good news RNS is published and there is plenty of good news in the pipeline.
Don't get distracted by the patent dispute - success breeds litigation.

The sharks circle.

https://www.nytimes.com/2020/09/08/business/retail-bankruptcy-authentic-brands.html

Its strange that the Norwegians still have an investment in PMO, or they did until June this year when they voted at the AGM, but not in Enquest.

Sometimes we have to face unpleasant facts, in this case it is a simple truth that in the long term oil will go the same way as coal is going and production will cease.
At the moment we cannot do without oil, but that doesn't stop its production becoming demonized. Politicians are succumbing to the green lobby and are being pushed into decisions that may well benefit the planet but it is at the expense of the economy and oil industry. Likewise fund managers, who are also exposed to pressure from the green lobby are also turning their backs on oil.
As I mentioned a few weeks ago, when Denmark made the decision to stop new licensees, I did wonder if the UK would follow, I guess if it doesn't now then it will sometime down the line.
This is why, I believe that Enquest needs to diversify away from oil, maybe to wind power. For example, The Shetland Council is looking at green hydrogen to power the Islands, maybe a hydrogen plant powered by wind would be possible at Sullom Voe.
If Enquest did diversify it would probably transform the SP - we could be up to 60p in no time - simply because its what potential investors want.

Hello Jan
I think its important to note that even the oil majors share prices haven't recovered to pre Covid levels.
At some stage the market will balance out and stocks that haven't recovered will catch up.
The good news is that OPEC+ will be meeting every month so hopefully that will give some stability to oil prices, even if that just means that we see a slow rise throughout 2021 as demand increases.
In the short term Monday is the big unknown - I guess a lot of the traders in all sectors have opted out into cash.
At least Kraken is still performing well - all the best.

Yes, exactly - hence the pressure.

There is some indication that the UK is pushing the EU towards compromise with the news that Navy Fisheries Boats are to be put on standby to protect UK fishing grounds - but its a EU decision, depending if they want to compromise their single market for fishing rights.

Enquest always seems to spike in January and we could see a repeat performance in 2021.
The prospect of an improvement in oil prices some time in 2021 could be enough to improve sentiment even before Brent rises above $50 for a sustained period.
This change in sentiment should propel the SP back to 2019 levels to trade between 18-22p.

I just filled in a Ocado Customer Survey, there were lots of questions about bakery products - it seems that Ocado Retail are considering offering their own range of freshly baked products produced in or close to their CFC's or maybe spokes.

I just filled in a Ocado Customer Survey, there were lots of questions about bakery products - it seems that Ocado Retail are considering offering their own range of freshly baked products produced in or close to their CFC's or maybe spokes.

Todays modest gain was a good indication of the durability of OCDO.
In a market led by a perverse news agenda investors should be grateful for small mercies.

The news agenda rules at the moment - Monday will either be very good or very bad - I guess a lot of the traders have converted to cash at the moment - but as long term holders we just have to sit it out and watch.
Nothing much has changed at M&S the fundamentals for the long term are good, whatever.

A lot will depend on just how much the EU want a deal on fishing and how far they will compromise on other issues to get it.
Johnson has no other lever's to use to get a positive deal.
If there is a deal it will be a compromise that nobody will like.

Yes, most defiantly.

Patience is still key here - Brent is probably at the top of its trading zone at the moment - the upward momentum is fading.