Member Info for chilting

Shorts -
Pelham reduced again yesterday by 0.15% to 1.39%
AHL also down 0.04% to 0.48% - so will slip below radar.
Shorts now 2.07%

https://edition.cnn.com/videos/business/2020/11/11/black-friday-online-sales-pandemic-orig.cnn-business/video/playlists/stories-worth-watching/

09/11/2020
https://autostoresystem.com/news/autostore-files-uk-action-claiming-ownership-and-transfer-of-ocado-patents/

NO is well on her way to Scapa Flo for a STS - hook-up finished early this evening - from the timing and draught it looks like a standard 500k load.

https://uk.reuters.com/article/uk-oil-opec/opec-expects-coronavirus-to-curb-oil-demand-recovery-into-2021-idUKKBN27R1QT?il=0

Looks like we have seen the top for now - a good step up!

The market seems to be balancing out again - good news for OCDO.

I guess traders are not attracted because of the lack of volatility - the SP just simply follows Brent down and then lags when Brent rises. Investors are still looking for Brent to recover.
Also investors are simply not investing in oil - most of the action is in tech shares.
Companies like PMO are traders shares because of their extreme volatility.

Yes I know what you mean Thordon, my balance is hanging by a thread at the tipping point to overweight.
ITX does seem to be in a different class though - especially when you look at the Directors holdings.

Tech shares in general are taking a bit of a hammering at the moment as investors take profits and look for windfalls elsewhere.
Also the SP is close to the year high, so it may stall for a while.

An excellent performance again today - just think, we were contemplating a test of the May lows last week!

A real sea change in the markets this week with the vaccine news.
I did think that the SP would bounce back today but it looks like much more patience will be needed before we see a recovery.
Also the Nasdaq futures don't offer encouragement at the moment for tech shares.
The game change we need is contract news.

Now that LSE has woken up, I can report that NO hooked-up at probably around 17.00GMT - although AIS is poor so its difficult to be sure - that's 11 days since the last tanker left.
The weather window is closing, with quite stormy weather moving in on Wednesday night, but hopefully loading will be finished by then.

Yes, certainly agree this is another very significant development that may not do much for the SP today but certainly will in the years to come.
There is so much scope to improve marine technology in this area and it doesn't need a vast infrastructure to implement it.

Hello Jan
Yes, great news today, hopefully the beginning of the end for Covid and Enquest has seen the bottom - not quite ready to buy back in yet - still a long way to go I think before Brent is unshackled - that is still unfortunately the key.

I agree Blue, we are all set up for excellent capital gain but the market in the shares is very thin - most are being tightly held - so progress will be slow. Like you I am fairly heavily invested and have been investing for about 3 years.
This is not a traders share - its the long term holders who will be richly rewarded - patience is the key.

Quite a few investors taking profit here today to invest in the rich pickings elsewhere.

Typical knee jerk reaction today - should rebound tomorrow.

Excellent day - now just starting to show the anticipated potential - it would be good to see some institutional buying.

Don't forget that natural gas replaced coal gas in the mains - coal gas is mainly hydrogen with some methane and carbon monoxide - the gas main is certainly robust enough to handle green hydrogen.
Also it could be mixed with natural gas - up to 30% before appliances needed modification - so its a doable project as soon as the green hydrogen is available and Ceres have the technology in development.