Member Info for chilting

I guess John is talking about "green nappies"?

You are welcome mrc - have a good day!

Molson
We will get that when the accounts are audited and signed off by the auditor.

Yes, these are unaudited accounts based on sales and the cash position and they are bloody good!

No cause for optimism at the moment - the SP is just drifting in the bear market with all retailers badly affected.

M&S is likely to fair much better than most with its middle class customer base but is not immune.

This is a classic hold position with patience needed for a return to good fortune when sentiment improves.

Looking from the outside its not difficult to understand the current SP.
The SP is fully loaded with the worst case scenario for the windfall tax in a bear market.
The uncertainty doesn't get worst than that - especially as it involves politicians and is therefore beyond rational control - hence the drift.

For those with nerves of steel ENQ is a strong hold with an excellent opportunity for a big bounce back - things are rarely as bad as they seem and ENQ is certainly a cash cow at the moment - it cost me over £100 to fill the van yesterday with dirty diesel.

Is there any indication that the share consolidation is imminent?

Just because itaconix have the authority from shareholders it doesn't mean that they will use it straight away - it could be months away.

These are the hard lessons we learn trading, especially when we watch a good gain swallowed up by a sharp fall and before you know it you are starring at a loss.
But, its not a time to take the loss and sell or even in my view to average down - that can make the loss much worst.
So, the investment here now is in extra time to recover the loss and wait for the profit.

And the lesson - always top slice and take profit when the opportunity presents itself.

Well that was a day to forget - thanks Goldman.

Jeffries have also cut the price target of other oil companies today, so they have probably just downgraded their Brent targets for 2022-3.

Jap
Yes, CWR is a strong buy for a long term hold at these levels, but you need to do your own research and probably invest in other shares as well to spread your risk.

BBC are reporting that Johnson will fill role as Caretaker PM until the Autumn and govern under the conventions of that role.
That basically means no controversial policy decisions ruling out any U turn on the windfall tax - investors will have to hope that by tweaking the detail concessions can be gained.

It would certainly be logical for Wood to take a direct investment in Eqtec if the partnership continues to build.

A nice 30% stake with the capital input would give DP all the freedom he needs to grow the company to the next level and provide financial security.

Wood issued a half year trading update today, its much better than expected and predicts a strong second half.

All good news for the partnership with Eqtec.

https://www.londonstockexchange.com/news-article/WG./half-year-trading-update/15529466

Why do so many people get the idea that retail is just about being competitive on price.

Sure, price is important but quality, choice and service are more important for many consumers, especially those who have chosen Ocado and M&S.

I don't see any UK politicians from any party backing down on the windfall tax.
It was the wrong decision to make but it was very clearly backed by the majority of voters.

A clear case of a very unpopular Prime Minister trying to save his post by promoting populist policies.

Now the decision has been made it would be political suicide for a new Prime Minister to U turn on the issue.

Got my card this morning - shares are in a normal trading account with iI - card came from Link but requested via iI.
Card expires end June 2023.

Auson
But what will happen to oil share prices in the US if Bidden introduces a windfall tax?
Although it maybe that US oil companies are confident that a windfall tax would be blocked unlike in the UK and EU where oil companies are fair game, even the majors.

Auson
Yes, its difficult to understand - maybe is just the bear market - lots of other share valuations in all sectors are difficult to understand at the moment.
I think a lot of investors are just sitting on the sidelines at the moment that depresses prices.
OXY is the exception because Buffet is buying, if he wasn't, that would probably be rock bottom as well.

The point is that investors look for safe options at times like this, unless the rough it out, so AZN for example is at a year high.

Its the partnership with M&S that will pull Ocado Retail through the current financial crisis.
M&S customers don't need to watch the pennies.
Sure sales may dip a bit in the short term but this is a long term investment.

Both partners are fully committed to grow Ocado Retail, just as Kroger are committed to growth in the US and other partners are around the globe.

As an investor you have to look ahead and not be sidetracked by the short term.