Member Info for chilting

Auson
Its just politics - more symbolic than useful.

Does anyone remember the general election when health was the big issue and the media where highlighting cases where patients had died due to perceived lack of investment in the NHS.

We could get the same thing next winter with old people freezing to death in their homes because they cannot afford to pay their energy bills.

Hence, as I say the Government will be forced to bring in symbolic policies like the oil windfall tax or be held responsible for letting old people die in their homes.

No one needs to hang their head in shame.
OCDO was simply overbought during the Covid crisis and has now been grounded by negative macro sentiment.

Since when has the valuation for any growth company been based on anything other than sentiment.

The fundamentals for OCDO have actually improved because the next generation tech will roll out much quicker with a far lower capital cost.

I think that its almost inevitable that there will be a windfall tax for political reasons - the Government has to been seen to do something to help out people on low incomes and this is a simple option for them without borrowing.

However, I don't think Enquest will have anything to worry about - the treasury will just target the oil majors - with the profits they are making at the moment the impact will be negligible.

All good news here - affordable high quality in a store within a store.
This concept used to be what Debenhams were good at but they didn't balance it out properly.
The aim has to be broad appeal to all without the cheap tat.

Yes, I brought some more this morning.

Apart from that - Sentiment has slightly improved over the last few days, giving shares that are perceived to be good value in solid profitable companies the chance to rise in price.

Basically with interest rates increasing and inflation causing even more issues, this isn't a great time to grow a company.

It really is as simple as that.

The only options are to slow down, that's clearly not on the agenda - nor should it be - or carry on regardless - the way forward is to keep the pipeline as full as possible, especially with all the global opportunities out there.

So, the future is very messy - don't expect the SP to reflect the true potential here for some considerable time but keep the faith and patience will be rewarded eventually.

Nice to see a £100k director buy at market price.

Yes. its all about the macro at the moment with negative sentiment pushing most stocks oversold.

With good news WTB should start to move towards most broker targets of 4000p.

It should be noted that while most stock price targets have recently fallen, WTB's target price has actually increased with brokers.

https://www.lse.co.uk/ShareBrokerTips.asp?shareprice=WTB&share=Whitbread

One piece of good news - it looks like crude oil prices are set to fall back to around $90-$95.

SA Aramco have cut June prices in response to falling demand, mainly due to the Covid slowdown in China.

At these levels crude is affordable and inflationary pressure will ease.

One piece of good news - it looks like crude oil prices are set to fall back to around $90-$95.

SA Aramco have cut June prices in response to falling demand, mainly due to the Covid slowdown in China.

At these levels crude is affordable and inflationary pressure will ease.

Yes, it would be nice just to see a very modest dividend paid for the current year, just to give investors a very clear signal that the company is back firing on all cylinders and will be able to offer more in the future.

Just to give more info to romaron - who doesn't seem to get the future relevance of rig electrification to all North Sea Oil Companies who are considering new field development - here is the ABC guide.

https://www.nstauthority.co.uk/the-move-to-net-zero/platform-electrification/

This RNS is Orcadians response to the North Sea Transition Authority previously known as the Oil and Gas Authority.

As romaron pointed out the partnership with Equinor means that a similar project could be viable for Bressay and would probably be part funded by the Government under their North Sea Transition plan.

Therefore, its relevant to follow the outcome of Orcadians and other oil companies plans in the Central North Sea, because it could make all the difference for the future development of Bressay further North.

Hopefully profit guidance for the year will remain unchanged, as it was with Next.
The big positive, if profits are maintained, is that we could get a dividend promised for the current year.

The problem this time around is that the current economic problems have been created by two back to back black swans - Covid and the Ukraine War - that I think, has been the main reason for the collapse in sentiment, it has and is difficult to see a resolution.

Its when we finally see green shoots that things will quickly improve.

I think we are now reaching a stage where the downside sentiment has been totally overdone and the next major move will be a rebound as investors regain confidence.

So, we could, and probably will, see a short recession, but markets will look forward to better times in 2023 and recover.

The problem is as always knowing how long the downside will last - share prices could continue to fall for a few weeks or even months before we see a bounce.

So, yes, I agree with Boyobach that the SP could fall to 555p if the wider market continues to fall.

n1
Yes, results will be excellent but its the macro and poor sentiment in the whole market that's pushing the SP down.

I think we are now reaching a stage where the downside sentiment has been totally overdone and the next major move will be a rebound as investors regain confidence.

So, we could, and probably will, see a short recession, but markets will look forward to better times in 2023 and recover.

The problem is as always knowing how long the downside will last - share prices could continue to fall for a few weeks or even months before we see a bounce.

https://www.londonstockexchange.com/news-article/ORCA/orcadian-report-provides-carbon-emissions-solution/15442279

After forming a three way partnership with Bosch and Weichai just a few months ago is highly unlikely that Bosch would now consider a takeover of Ceres.

With Bosch and Weichai holding around 18-20% of Ceres each, its highly unlikely that any bidder could gain enough shares in the company to mount a takeover bid.

The current volatile trading pattern is affecting many stocks at the moment with the volatility particularly high on AIM. Also Marshall Wace reduced their short on Thursday - hence the spike that grounded today when the market fell.

MKS is actually fairing much better than most stocks at the moment and has only fallen back to last summers levels.

The Autumn-Winter spike happened when investors got a little too enthusiastic and pushed the SP into overbought territory.

My price range for the year is still 140p - 165p, but if the macro gets worst I guess we could even see 120p.

Neil's speculation about a takeover is interesting - he has been involved in this investing lark rather longer than most of us, so his comments defiantly have credibility.