Member Info for chilting

M&S franchise shops are still open in Russia -

This is from the BBC Ukraine War News feed -

"We've written lots about Western companies halting business in Russia - but one well-known British firm is finding it difficult to extricate itself.

Marks & Spencer (M&S) has 48 shops in Russia. However, they are operated by a franchise business in Turkey called FiBA Group.

M&S signed its franchise deal with FiBA back in 1999 and as things stand the stores will continue to operate in Russia.

For the moment, M&S says it has suspended shipments to FiBA's Russian business due to "the unfolding humanitarian crisis following the invasion of Ukraine".

It is not clear what will happen to M&S stores in Russia once the existing stock FiBA has sold down. The BBC understands M&S is in ongoing talks with FiBA.

In the meantime, M&S says it is providing £1.5m in support for the UN Refugee Agency and UNICEF including donating 20,000 coats and thermals for families."

There is no indication that Russia is reducing its crude output. so supply remains the same - in fact OPEC+ are increasing production slightly in April.

The difference will probably just be that Russia will have a restricted market for its crude - mainly China - my guess is that the Chinese will benefit with a substantial negotiated discount to the world price - they will need to buy less from other sources.

Not sure about recession fatprofits - but hopefully inflation will be easier to contain and we will see more limited interest rate rises.

Another reason for the continued volatility is that shorts increased from 11.04% in January to 12.35% in February.
Hence the to day to day and hour to hour movement in the SP.

Or a good 24 hours locked in the same room as the Klitschko Brothers!

Pokerchips
The tipping point comes when inflation makes essentials unaffordable, savings are worthless, people don't get paid, Russian soldiers return from Ukraine in body bags.

At that stage people have no fear of the state - they have nothing to loose - Putin will be history.

If I was a trader, I would certainly invest in ENQ now but the long term is still uncertain because last years low production issue hasn't been resolved yet and more investment is needed to maintain production even at current levels - although its great that the company is finally in a position to pay off debt.

Hopefully long term investors will at least be able to recover their investment over the next few months - good luck looking for best exit point.

With small caps it never pays to read to much into the SP - just concentrate on the company fiances and the potential.

The situation with the oil price probably isn't quite as bad as it seems.

The current oil price is closely linked to worst case scenario, as are share prices.

My hope is that the Russian people will put an end to Putin's war when they realise the severe implications of his actions on their lives - Russian Police can arrest hundreds of demonstrators but not thousands or tens of thousands.

Also, its important to remember that Russia needs the income from its oil and I am sure that the Chinese will continue to buy - at cut price - therefore, they won't need to buy from elsewhere leaving supply constant, although it is tight.

The US is also continuing to ramp up oil production, so supply may not be so stretched as it appears at the moment - my forecast is that Brent will drop back towards $85 in a few months and then hold at around that level into 2023.

Ammu
What will it take for you to realise that Oil, Tidal and Hydrogen/Wind Power are part of the same energy industry in the North Sea and probably will be for the next 50 years - or at least until the oil runs out.
Its all about getting a balance that benefits UK PLC and safeguards the environment.

Good news that Enquest is finally moving up on Brent and fuel security.

Hydrogen shares have been moving for basically the same reason since the invasion last Thursday - now up 45-50%.

So logically Oil shares could now follow.

The reluctance to licence production could be a sort of default position.

Many Itaconix customers probably have the ability to manufacture rather than buy in product from Itaconix but that probably wouldn't be desirable from a profit or overseeing point of view.

However, if a big player wanted product in substantial volume, maybe that would be something John would consider, especially if it was for a major new application.

The Ukrainian conflict from a Russian perspective - well worth a read.

https://www.aljazeera.com/opinions/2022/2/25/russians-are-also-victims-of-putin

On the subject of Cafe's - Sainsbury's have today announced they are closing 200 in store Cafe's - yet another erosion of customer service.

PhatStyle
I think you might get the full excitement you desire with ITM, but the wheels are more likely to come off there eventually, leaving Linde to pick up the pieces.
CWR if a much firmer hold with riches accumulating when others make their investments

There are a lot of biodegradable wet wipes on the market but the point is that they are more expensive to produce than conventional wet wipes and they retail at an unaffordable price for many customers..
ITX have the aim to enable their customers to produce biodegradable at a competitive price point to conventional.

According to the media most Russians don't support the war in Ukraine.

Today Russians have had a taste of the economic implications of Putin's actions and face loosing their lives savings at a time when inflation will more than likely explode. It must also be only a matter of time before their banks start to fail or freeze deposits.

So this could just be the start - the tipping point is close and the Russian police cannot arrest everybody.

https://www.youtube.com/watch?v=xqS1l3wWVa8

Great to see tech shares moving up today against the market - lets hope its the start of a strong trend.

its interesting to note that Hydrogen shares are moving up faster than Oil shares - even with Brent over $98.

Investors are getting savvy to the fact that renewables are the future and that future comes a lot closer with Brent at $98.

Nice to see tech shares - especially CWR - moving up strongly against the market.