Member Info for chilting

I have absolutely no idea what they need to do to get their clothing offering back on track but maybe with all the heritage they should try reviving some of the classics and forget about fashion?

Jan
From observation, I would say that your Father was 100% correct.
I think its also important to link the directors financial reward to the SP in discounted share options to give them even more incentive - as well as staff - Ocado is a good example of this.

IK is still tracking AK for a hook-up but the STS has been changed again with another 24 hour delay until midnight on the 25th - this indicates a probable hook-up on Sunday 23rd.

Sunday would be 14 days since the last tanker left.

Afternoon trading is probably led from the US.
There have been occasions where the SP has taken off and then fallen back but this time it seems different - the funding is sorted, commercialisation is much more advanced and profits could follow as early as next year - we may still see a spike though if the traders move in.

Clorox.

This is their own branded product.

It turns out that they are rather a big company - I guess this is behind the recent price movement in the SP from the US.

https://www.thecloroxcompany.com/who-we-are/

This new dishwasher product in the US contains ITX supplied ingredients.

https://cloroxautodish.com/

It seems to me that Enquest just need a good period of higher oil prices to pay down debt next year and then the company will be in a much better place, with the prospect of Bressay continuing the productive life of their main asset for far longer than we thought just a few weeks ago.

If AB does need to come back to the shareholders for more equity or to pay down debt at least it looks like it will be done from a position of strength, but hopefully it won't be necessary.

Yesterdays news from PMO should be a lesson to all investors what happens when a company gets things badly wrong -sorting out debt and making an investment at the same time is always going to be bad news for shareholders - it means a very hefty dilution because it exposes the fact that the company may run out of money if the equity raise fails.

IK is now 12.5 nautical miles to the North West of AK and looks to be ready to make the final approach from that direction for hook-up. If she goes in today that will be 12 days since the last tanker left.
The weather is quite lively for this time of year but won't be a problem.

Well done spindok - I think that this is just the start with ITX though - could be 10p in 2-3 years - lots of orders and low cost base - I hope so anyway I have rather a lot!

If Amazon are serious about the grocery business in the UK then there are two steps that they could take to dominating it -
They could takeover Morrisons and buy the other 50% of Ocado Retail.

With Amazon's cash resources they could greatly expand the number of CFC's and would have a full range of product to offer from budget Morrison to premium M&S.

This would be a great deal for Ocado!!!

IK is just 11 nautical miles east of AK now - no sign of a hook-up as yet.

It looks like PMO are using the market to set the rights issue price and are prepared to get it away at what ever cost in dilution to the shareholders - very poor!!!

Bottom line is that anything that pushes online grocery is positive for Ocado - even if there is no direct profit.

Also, as its Amazon it puts the fear of God into retailers and encourages them that they need a proper long term solution, otherwise they face a long drawn out period of declining sales and raised costs to cover their inefficient delivery service.

Apparently orders will be hand-picked from local stores by Morrisons staff and delivered to customers by Amazon in cooling bags at the back of a van. So its still light years away from the service offered by Ocado. It doesn't seem that much profit will be made but I guess Amazon don't care about that.

Londoner
The process is actually using the hydrogen to power a steel cell battery - the hydrogen passes through tiny holes made by lasers in a sheet of steel producing an electrical current - the same technology could be used in a household boiler or to replace a turbine - it is very fuel efficient.
Use in cars may be some way off but in larger vehicles such as buses, lorries and trains we could see it adopted within 5 years.
In the UK green hydrogen will probably be produced using wind power - it can then be used to supplement or replace natural gas in our gas mains - a mix of up to 20% hydrogen would mean no changes were needed to appliances - or used to produce electricity.

Its only lends Pelle - electric cars are a dead end technology.
Green hydrogen is the future and oil companies can benefit enormously if they slowly diversify - so much of the technology overlaps.
Take a look at Equinor for example.

IK is finally on her way to Kraken but the STS has been put back to Monday 24th so we may not see a hook-up until Saturday.

Saturday would be 13 days since the last tanker left.

The weather looks set to get a bit rough for the time of year but not enough to effect the hook-up.

IK is a large shuttle tanker so it could be that a larger than average load is needed to fill Front Savanah - this is the tanker waiting for the STS in Scapa Flo that took load 73.

I certainly agree that with Brent at $55 plus, Enquest becomes very investable - its a very easy company to understand now with just the three major investments all going well, so we should get full benefit from Brent at higher levels.

It will probably lag behind Brent as well - it always seems to when Brent rises - that will help to take away the risk and boredom or getting in to early - now is too early.