Member Info for chilting

It is still very stormy in the North Sea with waves in excess of 6m, but conditions will gradually improve and by around 9am tomorrow morning the sea will be calm enough for a hook-up - about 3m waves.
TS is currently about 30 nautical miles to the west of Kraken - a Monday hook-up would be 12 days since the last tanker left.

The logical way forward with Morrisons would be to sell them the other 50% of Ocado Retail at some stage.

This would be beneficial to all parties, including M&S, because the resulting company would be targeted at the top and middle of the grocery market and would therefore be a major competitor for market share with the likes of Tesco as well as Waitrose.

The benefit of such a deal could only be realised if capacity was substantially increased - more CFC's would be needed - win win for Ocado Solutions.

The aim of such a deal would be to get 25% of the UK Grocery market within 5-10 years.

Good news - Tide Spirit is back and just 16.7 miles to the north west of AK - she is due at Kraken at midnight on Sunday.

With wave heights up to 7.7m forecast on Saturday the weather is set to be very challenging - on Sunday it isn't much better - so the hook-up probably won't happen until later on Monday when the weather finally eases - Monday would be 12 days since the last tanker left.

romaron
It was a old cottage that the National Trust had obviously spent a lot of money bringing up to standard.
https://www.nationaltrust.org.uk/holidays/stepper-view-cornwall?HolidayMapClick=011115
Follow link to accessibility guide.

I can see Tesco converting around 20% of their big stores into local delivery hubs with a garage, smaller store and a click and collect counter attached - these delivery hubs would work in a similar way to Ocado's spokes - the capital spend would be fairly minimal and there probably wouldn't be any planning issues.

I stayed a week in a NT holiday cottage with an air sourced heat pump during November a few years ago - it was cold.
An elderly person would certainly need some sort of supplementary heating in addition to the heat pump.

Tide Spirit has now changed her destination to Bergen - due east of Kraken - it could be that she will wait until the weather improves, probably by Monday afternoon before she comes to AK or we may be waiting for another tanker - Monday would be 12 days since the last tanker left.
The weather forecast for Saturday is very stormy and has the potential to disrupt production.

I notice that John Lewis also sell the Jaeger range online - another reason for M&S to purchase the brand.

Most of Jaeger's outlets are franchises so the cost would mostly be the brand and top management - if both are worth acquiring then buying would seem to be a no brainer. The added benefit would be removing the Jaeger brand from competitors stores - another swipe at John Lewis.

As predicted the vaccine announcements rather overheated the market and we are now seeing something of a pullback.
Quality stocks will shine through whatever happens - that's why its better to sit on the sidelines when things get volatile.
Ocado seems now to be treading water nicely, waiting for the next bit of news.
Saga looks like an excellent choice - the elderly population will certainly choose the safe, reliable, quality option for their first holiday after Corvid.

Tide Spirit is very new, she is currently only 70 miles to the south east of AK
If she doesn't arrive until Sunday 22nd November that would be 11 days since the last tanker left.
The weather is now starting to get very stormy and could delay the hook-up until Monday - after then the forecast is OK.

Keep an eye on Ingrid Knutsen - just underway in Scapa Flo - hopefully Kraken bound.

https://edition.cnn.com/2020/11/18/investing/masa-son-softbank-cash-hnk-intl/index.html

He seems to have flown away to IAG.

If the technology was in place for a switch to electric vehicles then it could be justified on environmental grounds but this is far from the case - lithium batteries are a dead end technology - building a vast infrastructure to support electric vehicles is illogical.

The technology that will eventually prevail is hydrogen powering steel fuel cells but this won't come to cars until it has become established in lorries and buses etc. - this will be an evolutionary process and it will take 10 years or more.

Its not all about money - most of that will come from industry, such as oil majors switching from carbon - its more about leadership and intent.
HS2 could benefit if the trains were powered independently by hydrogen fuel cells - the project much cheaper to deliver without the electrical infrastructure.

Yes, all VERY upbeat supported by good numbers and outlook.

https://www.londonstockexchange.com/news-article/BREE/trading-update/14759711

Lots to like here from a Ceres viewpoint.

https://www.bbc.co.uk/news/science-environment-54981425

The only real limit to Ocado Retail is the companies own ambitions.

You have to view the company as disruptive to the market - it is the only UK supermarket that can actually increase profit by taking market share in home delivery - the others loose profit by offering the service simply because they don't do the job efficiently and spend too much on labour.

It will be easy to scale up the company, simply by building more CFC's, if the capital is available, but I think that to appeal to a wider slice of the market it will be necessary to bring a mid range player on board - hence my view that the other 50% of Ocado Retail should be sold to for example Morrisons - maybe in a couple of years time.

M&S would do well from such a deal - they would find an even bigger market for their products and they wouldn't have to find the cash to purchase the other 50% - it would be a win win.

With Ocado Retail working at full capacity its obviously preferable to have a high percentage of high margin sales, customers make their choice, go for quality and pay accordingly. So as long as this continues and capacity is maxed out, there seems little point it trying to compete on price with other retailers.

In the longer term as capacity increases this may have to change - I have always thought that it would be a good idea to sell the other 50% of Ocado Retail to a mid market player such as Morrisons, then you could talk about competing full on with Tesco.