Member Info for chilting

Off topic for CWR but very interesting.
https://www.bbc.co.uk/news/uk-wales-63300680

Also note today re EQT
https://www.lse.co.uk/rns/EQT/rd-facility-upgraded-for-hydrogen-and-rng-testing-cwv9doqqdykmncn.html

We may despair that tech role out is slow but there are advances.

Advances like this are game changers - especially with the wide range of applications and the accreditation.

The RNS issued on March 14th also gives insight.

https://www.lse.co.uk/rns/EQT/formal-launch-of-eqtec-business-in-france-a9qdaubdv756qqm.html

https://www.aljazeera.com/economy/2022/10/31/china-locks-down-millions-as-cases-rise-ahead-of-winter

Not convinced Damers.
It looks like COP 27 is going to be something of a non-event and the Chinese don't look very interested in events.

I think we will probably have to wait a bit until the Chinese economy starts to pick up before the deal is signed - hopefully very early next year.

Now looking like another step down for ITM.
Coming after the step down when they published their final results in September this looks serious for the company.
The strategy of high investment in new tech is always dangerous one - far better to let others splash the big cash and collect the licencing income as Ceres are doing.
The guy who developed the first high pressure steam engine and used it in a steam train died in poverty.

Hopefully most of the loss will disappear later in the day.
Not good for ITM though - they seem to be saying that they are not sure if their latest tech works effectively, and they have no CEO.

It looks like ITM will hit the rocks this morning - the trouble is CWR usually gets some collateral when they fall.

Good early signs that the Sunak Government will be more pro-environment than Truss.
The fracking ban won't be lifted, and it seems that concerns from the NT, RSPB, Farmers and others will be addressed.
Sunak is MP for Richmond in North Yorkshire - a full on rural farming constituency - and seems to value the environment.

Let's hope that he gets global warming and the switch to renewables back to the head of the agenda, especially with concerns about energy supply problems receding.

I think Hunt has some wriggle room - much better to get things right this time around even if it does involve a delay - also Bank of England interest rate decision will come before the budget and may now just be 0.75% - Treasury and Bank now working in harmony.

FED has been huffing and puffing and it seems to be working - they may also slow down rate rises.

Typo in last post - re-posted
Yes, there are NOW signs that sentiment is improving, especially in the US, with the expectation that the Fed won't have to raise interest rates as high as many predicted.
Also, energy supply problems are not as acute with supply starting to match demand.
Sure, it can all go wrong again but I don't see a long recession especially if the Chinese economy rebounds fairly quickly.

It's important to note that share prices are often the first thing to improve as soon as investors get a sniff of recovery, even when the real-world economy is still in the doldrums.

it would be good to see an actual high-profile US takeover of a big UK FTSE100 company - that would get the market moving.

Yes, there are no signs that sentiment is improving, especially in the US, with the expectation that the Fed won't have to raise interest rates as high as many predicted.
Also, energy supply problems are not as acute with supply starting to match demand.
Sure, it can all go wrong again but I don't see a long recession especially if the Chinese economy rebounds fairly quickly.

It's important to note that share prices are often the first thing to improve as soon as investors get a sniff of recovery, even when the real-world economy is still in the doldrums.

it would be good to see an actual high-profile US takeover of a big UK FTSE100 company - that would get the market moving.

It always amazes me how little concept some investors have of a growth companies business model.

Have they not heard of the phrase - speculate to accumulate?

Yes, it's been a long wait but totally agree that as soon as the market turns the corner WTB will prove to be an excellent investment.
Nice to see that the German business is also starting to take off - fantastic long-term potential to build a business on the same scale as the UK.

Kraken
Moody's will always take a pessimistic stance on everything using the worst-case scenario - they do that all the time.
The reality will probably be far different as you point out.

Personally, I don't think that the economic outlook is as bad as the media makes it out to be and that when the Chinese economy improves the situation will look much brighter, but there could be a dip in oil prices before then.

Ocado Retail have never used price as a weapon to attract custom.
Simply because the business has always been playing catch up with capacity as the network of CFC's has grown.
Now, with a far more robust network of CFC's and extra unused capacity its certainly time to take the step and join the other supermarkets offering consumers value products alongside the existing range - especially the M&S "Remarksable" range.

This link curtesy Neil on the M&S board.
https://www.thisismoney.co.uk/money/markets/article-11343425/Marks-Spencer-draws-blueprint-boost-Ocado-deliveries.html?ico=mol_desktop_money-newtab&molReferrerUrl=https%3A%2F%2Fwww.dailymail.co.uk%2Fmoney%2Findex.html&_ga=2.108858240.320674101.1666521101-506300903.1626602862

Ocado Retail have never used price as a weapon to attract custom.
Simply because the business has always been playing catch up with capacity as the network of CFC's has grown.
Now, with a far more robust network of CFC's and extra unused capacity its certainly time to take the step and join the other supermarkets offering consumers value products alongside the existing range - especially the M&S "Remarksable" range.

It's simply that Moody's are pessimistic in general for 2023 and are forecasting low growth.
Hence, they conclude that crude prices will fall with demand to around the $75 level.

it's not just the share trading that moves the SP - the market conditions do as well - hence the bigger than expected fall in the SP - not good though.