Member Info for chilting

Falkland
All those trades could just as easily have been late reported buys from earlier in the day.
In fact with the rise on Friday they more than likely were - maybe even shorts cashing out.

Navion Oslo has just over 100 nautical miles to go and is scheduled to arrive at Kraken this evening.

A hook up tomorrow would be 10 days since the last tanker left.

No weather problems.

This is excellent news for Ocado and another demonstration for M&S shareholders of the potential of the Ocado platform.
Adding extra capacity with more fulfilment centres in the UK is also the main way of scaling up Ocado Retail.

https://www.prnewswire.com/news-releases/kroger-and-ocado-announce-three-additional-regions-for-high-tech-customer-fulfillment-centers-301071360.html

Yes, this should keep the momentum going but even if it doesn't in the short term the long term gain has to be significant. I guess that there will be an RNS on Monday morning.

Now official - until the end of July with Iraq and other non compliant OPEC nations being forced to retrospectively comply.

https://uk.reuters.com/article/uk-global-oil-russia-opec/opec-russia-extend-record-oil-cuts-to-end-of-july-idUKKBN23D017?il=0

https://uk.reuters.com/article/uk-global-oil-opec-cuts/opec-and-allies-to-agree-one-month-extension-to-output-cuts-opec-delegate-idUKKBN23D0IG?il=0

I often simply wait for the stock to get to the point where it looks like it is overbought and take the profit out but leave the original investment. Then look around for another undervalued stock to invest the profit in.
However, if it is an Aim stock that has done well it is probably better to sell the whole investment.
I have just done that with ITM and invested in MKS.

Hopefully we will see another International Partnership announcement in the next few months - it would underline the potential after the corvid crisis and keep the upward momentum going.
Maybe South Korea is the next - as previously posted by Valueplay.

www.koreaherald.com/view.php?ud=20200521000844

Todays meeting looks like it will simply rubber stamp what has already been reported and the cuts will be extended till the end of July - although KSA wanted the end of August so we could get a surprise.
One thing of note as reported by Reuters is the low compliance rate by some nations Iraq below 40% and Nigeria below 20%.
Also KSA and Russia have exactly the same production targets - I guess that brings a certain "harmony" to their relationship.

https://uk.reuters.com/article/uk-global-oil-russia-opec/opec-russia-meet-to-extend-record-oil-cuts-push-for-compliance-idUKKBN23D017?il=0

The Norwegian Investment has increased from 2.34% to the 3.16% quoted on the RNS.

Also
https://uk.reuters.com/article/us-toyota-china/toyota-to-launch-hydrogen-fuel-cell-venture-with-chinese-auto-firms-idUKKBN23C0YD?il=0

And another
https://uk.reuters.com/article/us-toyota-china/toyota-to-launch-hydrogen-fuel-cell-venture-with-chinese-auto-firms-idUKKBN23C0YD?il=0

Bad news from PMO - looks like a horrible deal for shareholders!

Underlines the fact that its only worth investing in companies with strong management - like Enquest for example.

Reports from OPEC sources that the OPEC+ meeting will now be on Saturday.

https://uk.reuters.com/article/uk-global-oil/oil-rises-as-traders-await-opec-meeting-on-extending-supply-cuts-idUKKBN23C046?il=0

Be patient - SP will start to move when the stores open fully after 15th June - shorts will probably depart around the same time giving another lift - key here is increased volume - watch the volume not the SP for now.

One thing is for sure with the calibre of the current board of Directors at M&S we can be guaranteed that they won't consider that they have been successful until they bring the company back into the FTSE 100.

For better or worst I sold the rest of my holding today and took profit.

We must have a trading update due - looking back is never good news for a company where everything is going to happen in the future and the past is just spending for the future.

Will let things settle and then buy back in.

I use sharesmagazine.co.uk - there is a small subscription to pay but the stock watch page is excellent with live prices, bid and offer prices and volume all recorded in real time by the second. You can make lists of the shares you hold and are watching.

Yes and the net result of the improved strategy will be a complete change of sentiment - that is what will pull the SP up and back into the FTSE 100.

Very nice rise on good volume.
Jeffries have upgraded from hold to buy - target 1.60