Member Info for chilting

Its interesting that Oil Shares are taking a big hit today with EQT and other hydrogen shares up against a hostile market. EQT motoring now!

Deutsche Bank cuts Marks & Spencer to 'hold' (buy) - price target 185 (255) pence

Not good but unfortunately predictable.

Its more to do with the Fed, getting hot on interest rates and pushing up the dollar - US economy is OK but other countries, including UK, not good, so won't push interest rates so much - so US dollar likely to continue to rise and in turn squeeze down oil price.

The stand out figure is the 410% increase in revenue.
With plenty of projects on the go and many more in the pipeline, bottom line, that's all we really need to know.
The growth continues ..

That's probably just as well stokey - Thank you!

Monday could be carnage after Wall Street meltdown on Friday.

Could be worth reviewing stop losses before the market opens to prevent any unintended consequences.

Pokerchips
Don't get to excited by the drop in fuel prices - its only falling because of recession fears - if demand doesn't fall, energy prices will increase again because of supply problems - Catch 22.

The sanctions placed on Russia are having dramatic unintended consequences and could even result in famine in the third world, meaning more people could die there than in Ukraine, but the world needs to bring Russia to heal - Catch 22.

It will certainly be worth keeping an eye on early trading with the results due Monday morning and after the very steep fall on Wall Street on Friday - it may also be worth reviewing stop losses on all holdings before the market opens to prevent any unintended consequences.

I think the SP is now totally at the mercy of the macro and with that nasty dip on Wall Street we have to accept that it may now fall bellow 1000.
SP recovery will be totally dependent on the macro.
Personally, I will continue to hold and then average down when it becomes apparent that the economic situation is improving - no time scale.

Pokerchips
I guess we have to assume that the Fed is doing the right thing, on the basis that they are being forced into taking more extreme action increasing interest rates on a quicker timescale to combat inflation.

This won't help -
https://www.reuters.com/business/energy/indonesias-indrawati-says-palm-oil-export-ban-will-hurt-other-countries-2022-04-22/

As long as IP Group are happy with their investment they won't sell until they consider the company to be fully established in the market place.
I doubt they are concerned at all that the SP is well below the 12.1p cash raise price - when they do finally sell the SP will probably be measured in pounds rather than pennies.
They are defiantly in for the long haul.

The same concession also operates M&S stores in Ukraine, these have been closed by the war, hopefully M&S can work with the Turkish Concession holder to at least get some of the Ukrainian stores open and supplied again.

Its still a crazy consumer market and difficult to see the positives - hence the SP pressure.

Note, that even the big boys are getting it wrong at the moment - cutesy CNN

"Billionaire investor William Ackman liquidated a $1.1 billion bet on Netflix on Wednesday, locking in a loss of more than $400 million as the streaming service's stock plunged following news that it lost subscribers for the first time in a decade."

I know romaron - my comment was tongue-in-cheek - good luck with your investments.

From the BOD's point of view they will simply push growth as fast as they can without getting into financial peril.
They simply use AIM investors as a source of cash when needed - this is exactly what the LSE established AIM for, to act as a source of funding for business expansion. No account is given to the financial health of investors.

From the investors point of view any AIM investment should be regarded as highly speculative - especially the small caps.

https://www.investopedia.com/terms/a/alternative-investment-market.asp

If romaron wants to diversify he should look at the whole energy market and get into renewables - the fuel of the future - how about Orsted - plenty of wind there.

But remember -
"An investor may get back less than the amount invested. Information on past performance, where given, is not necessarily a guide to future performance."

Brilliant deal - shows 100% commitment from largest shareholder and management.

The bottom line is that there is nothing that Eqtec can do to satisfy the market at the moment - all the good work that they are doing won't help the SP, in fact it works directly against it - simply because the more business they attract the more capital they will need.

Just like Ocado, they are labelled as a growth company in the tech sector in need of capital at regular intervals to develop their markets and with inflation, rising interest rates and geopolitical tensions that is bad news for the SP.

The only thing we can do as investors in what are currently seen as contrarian investments is to stubbornly hold - when green lights appear EQT becomes a VERY STRONG BUY because at that point what the company is doing starts to be relevant again.

All companies that are committed to growth are under pressure at the moment and are seen as contrarian investments.
I invest in OCDO, their SP is rock bottom with poor sentiment, but just like Eqtec I doubt they will change the way they operate - as long term investors we just have to suffer periods like this and stubbornly hold.

I doubt the trading update will help - it may even do the opposite, even if it is good.

Blackrock are simply hedging their long position with the short - nothing more, nothing less - they win whatever happens.

Blackrock have been regularly shorting MKS since 1st November 2012 ,or rather that's the earliest record I could find - some things never change - Marshall Wace have been around since 29th December 2014, on and off.