Member Info for chilting

The £20 valuation is probably valid from the Brokers point of view and it underpins the current SP.
The point is though, that all high potential growth companies trade at a premium simply because of the likely upside to come.

In Ocado's case that will be another international contract or an extension to existing contracts.

The SP is at a low point on the upward trend line at the moment but it has recovered to follow it now - so its an excellent time to buy the stock.

Yes, fully agree that its the bad macro that's driving the SP of M&S and wider market at the moment.

At times like these it is better to ignore the SP and concentrate on the the company that you are investing in and how they are dealing with the current trading conditions.

True, but Next were one of the online pioneers, they are clearly well ahead of the completion - M&S are catching up fast.
Also M&S have a better Christmas offering than Next, with the addition of Food, Wine, Flowers and Hampers.

I think that a lot of M&S customers will switch to online this Christmas and with the additional workforce that the company is employing at its distribution centres M&S look set to have a good Christmas trading period.
Also the click and collect service looks to be fully developed.

"MKS's online operations (excluding Ocado JV) are behind competitors."

That may have been true up until comparatively recently but the online operation is looking rather good now.

https://www.marksandspencer.com/

Put aside any prejudices you may have against renewables and watch this - its awesome.

https://www.bbc.co.uk/iplayer/episode/m000lxnz/powering-britain-series-1-wind

I think a large proportion of the shares are in sticky hands - most of us are holding for the good times ahead - that means that it is just a few shares churning around, hence the volatile movement as the MM's try to create trades.
It probably needs a big spike to clear the log jam, but with the way that the market is at the moment that's not going to happen straight away.

Things are clearly going to get better at some stage, its just a question of when.
At the moment it looks like we might follow the French into lockdown but there is no certainty of that.
So, I would say that until we do get certainty - whenever that it - patience is required.
At some stage the SP will recover at least 50% of its value but that could be before Christmas or in six months time - your guess is as good as mine.

SS is closing in for a hook-up within the next hour - 12 days since the last tanker left.

Looks like a hook-up within the next hour - 12 days from when last tanker left.

Could bounce this afternoon when US investors see the opportunity.

Rather a big blip at the moment but patience will bring its rewards - eventually.
One positive - it will continue to encourage the M&S Board to take decisive action to prune out the unprofitable parts of the business.

Increased voter turnout and a massive increase in the number of younger people voting will I think give Biden a landslide win with Trump totally humiliated.
Key factors are - Trump's handling of the virus has alienated the older community - younger voters don't support the second amendment - Trump's racism is clear for all to see.
As for Trump - expect to see Trump TV - his influence will continue.

Who becomes President is key to the long term price of Brent.

Trump would see a resurgence of shale and keep Brent pegged back.

Biden would see shale allowed to continue production but the industry would slowly fade away because new drilling sites would not be sanctioned. Biden/Harris will be very green, so the large energy companies will shun oil leaving room for the smaller players to oversee the final demise of carbon fuels.

SS is just 14.5 miles to the north east of AK and is getting ready for a hook-up from the north-east hopefully tomorrow - 12 days since the last tanker left. The sea is quite choppy but won't stop the hook-up.

Today could have been a lot worst - it looked like the SP was going to crash below 90p at one stage - these falls are always overdone - looking for a recovery tomorrow - hopefully.

If todays plunge by the FTSE100 of 2.56% is not capable of bringing Ocado's SP down, I don't know what will.
The SP was blue for most of the day and eventually ended down just 0.61%
I think you chose the wrong horse to short Oracle - suggest you have a go at Whitbread.

That's not actually the case - Ocado have a fleet of lorries powered by natural gas.

https://www.commercialfleet.org/news/truck-news/2020/10/09/ocado-expands-cng-fleet-with-new-ivecos

I see that the French are likely to announce a national lockdown tonight - for the whole country, except Schools - I guess we may follow in a few weeks - nothing else seems to be working, not just in the UK but throughout most of Europe and the US.

The market ALWAYS overreacts in situations like this - aided and abated by the MM's precious algorithms.
They must have an Armageddon algorithm that panics some investors to sell and encourages others to buy in cheap - lots of lovely commissions!!!

Yes, up 11.58% at the moment.