Member Info for chilting

Great news indeed, it also looks like the markets are in recovery mode - Asia is up and NASDAQ futures are positive.
The market has pencilled in a Biden win - hence the upswing.

More optimism this morning with the news that the markets have pencilled in a Biden victory - Asian markets up - maybe the weekend was the low point?
The FTSE 100 futures are still down but recovering so maybe it won't be as bad for MKS as predicted.

More optimism this morning with the news that the markets have pencilled in a Biden victory - Asian markets up - maybe the weekend was the low point?
Brent is yet to respond but hopefully will follow if there is a positive move and could be back towards $45 in no time with Enquest back around the 12p mark.

I think that the market will see a Trump defeat as a positive - a continuation of Trump diplomacy for another four years to International Trade swings the balance against wanting a Trump victory.
The main danger isn't a Bidden victory - that is neutral - but a contested election - that would do immense damage.

I think everything will be negative this week - its a bad week to release any numbers, good or bad - sentiment is shot for the time being.

Therefore, trying to read anything into the SP this week will be a pointless exercise.

Wednesday's numbers will simply be about looking for green shoots for the future.

Andover - if only...

Just checked on Ocado - no delivery slots available till mid November - I have a mid-week pass - luckily I have 3 slots booked in the run up to Christmas.

FTSE100 weekend trading currently - -87.1pts (-1.56%)

romaron
My alchemy uses the power of the wind and the heat of the sun to turn water into a magic fuel that can power anything, by a process known as electrolysis. Then when its used it turns itself back into water again.

The market will fall badly on Monday.

Already resigned to the fact that the SP will test the May lows but the real interest here is plans for the future.

One lesson for anyone in business is to turn a negative into a positive - the M&S Directors have the ideal opportunity to drastically cut the unprofitable parts of this business this week, once and for all!!!

Yes, thank you Valueplay, I appreciate that.

When I invest in any company, I look at the management first - personally, after many years of getting it wrong I do think that the board of M&S appreciate what they have to do to turn things around and have every confidence that they will do so.

M&S will look a very different company in five years time when I will consider selling my investment.

In hindsight investing in M&S over the summer was a mistake - it would have been better to wait till later in the year - but that doesn't mean that the company isn't worth investing in, there is plenty of upside to come here when covid is behind us.

The second wave has come much quicker than expected, before there is even enough vaccine available for health workers, the elderly and vulnerable - now we must pay the price.

M&S seem to have fully developed their click and collect service now - I checked and there is lots of capacity still for Christmas - with the absence of availability at Ocado this could be very important for perishables over the Christmas period.

Customer will find a way to get their Christmas groceries, so I think that we can be confident that food sales will hold up well this Christmas and if Restaurants are closed it could be a bumper Christmas for M&S as the countries top end grocer.

In normal times I think that the SP would have moved up to around the 3P mark by now but all the bad macro put paid to that.

ITX is in great shape but with regard the SP will have to continue to be patient.

https://www.bbc.co.uk/news/uk-politics-54757446

Yes, it looks almost certain now - Schools, Universities and Colleges to stay open - time to start planning again.

romaron
On its own wind power clearly has considerable limitations, its when the wind power is used to produce green hydrogen that things get interesting especially if the resulting green hydrogen is fed into the national gas grid. At this point all the wind power produced can be used 24/7 - much more efficient.

The hook-up finished at around 18.00 GMT - indications are that the load is around 500k - SS is on her way to Scapa Flo for a STS.

Its certainly in their DNA casapinos.