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Does this help
https://www.shell.com.au/about-us/projects-and-locations/prelude-flng-facility.html
SWAT Analysis on BOO a good read
http://fernfortuniversity.com/term-papers/swot/nyse/6728-boohoo-com-plc.php
Shell has some wiggle room
What will now happen with Shell? That still remains to be seen. While the appeals process plays out over the next couple of years, the company will already have to drastically change its policies. Immediate compliance is required, since the order has been declared provisionally enforceable.
Still, there is a lot of wiggle room for Shell. By far the most (85%) of the emissions that the order holds Shell responsible for are indirect emissions – this includes emissions from products sold by Shell, such as petrol that is then burnt by a car user. And with respect to these indirect emissions the order only stipulates a “significant best-efforts obligation” instead of an absolute obligation.
And even if Shell really does its utmost to work with other organisations, including governments, to speed up the low-carbon transition in the next nine years, it may be “saved” from having to aspire to meet the stringent target set. In the appeals process the size of the emissions reduction ordered (45%) may be overturned and lowered to 35% or even 25%.
The court judged that a global emissions reduction of at least 45% is needed to avoid warming of 1.5?. If not, the human rights (of Dutch citizens in this court case) will be harmed. It bases this judgement on a supposed consensus about these numbers among scientists, policy-makers and a wide range of private organisations. However, as I have pointed out previously, reaching 1.5? may be a pipedream and uncertainty abounds.
The existing uncertainties about numbers should not detract from the strength of the legal logic – it just means that the specific emissions reductions required from Shell, and from other companies in other cases, may fluctuate. However, that a court can order any company to fundamentally change its business model because it constitutes a climate danger should give firms around the world pause to rethink their commitment (or lack thereof) to the low-carbon transition.
https://www.proactiveinvestors.com/LON:CCH/Coca-Cola-HBC-AG/rns/931933
"Stronger trading in the out-of-home channel, in addition to benefiting volumes, has also contributed to improved performance in price/mix."
Chief executive officer Zoran Bogdanovic said: "Looking into Q4, as we cycle a very strong volume comparator and see the renewal of lockdown restrictions in some markets, we are encouraged by the consistent growth we have seen in the at-home channel, which will be especially important for this final quarter. Combined with the increasing impact of our cost savings programmes this should allow us to continue to deliver good profitability in a severely disrupted year.
Oil shares mainly BP and RDSB as I used to invest for dividends but even those are not that good now.
I have not sold either but will invest more in them to get my average price down and at the same time increase my dividend income.
I think long term both BP and RDSB will recover but not to pre-COVID levels .Sorry Boo Board so will not go on about oil.
Yeah I hope so proceeds of selling 25k ASOS shares went to Boo.
Just hoping the price does go to £4 and over so I can average down my RDSB holdings to a decent level.
Have seen massive losses on my portfolio over the last year so ASOS and
Auction example
Let’s say that three buyers were filling orders for shares of company ABC, with buy prices of $5, $5.30 and $5.60 respectively. Meanwhile, three sellers had submitted offers to sell their shares of ABC for $4.40, $4.70 and $5. In this case, an auctioneer would match the $5 buyer with the $5 seller and the trade would go through. This would set the current market price for that stock at $5.
Once this has happened, the buyers and sellers who put forward the other prices would readjust their values to trade at the price set by the auction at $5.
Types of auction
The type of auction an exchange would hold depends on the time of day, and the principles of supply and demand. In general, there are three different types of auction:
Opening auctions. These determine the opening price of an asset on an exchange, by matching buyers with sellers. The most commonly-traded figure becomes the price at which the asset opens on the market
Intraday auctions. This type of auction is held throughout the day to match buyers with sellers, and set the price of an asset in accordance with how in demand it is within that session
Closing auctions. These are held at the end of the trading day to determine an asset’s closing price, before the market closes and reopens the following morning
Yes exactly the same here missed that £35 mark before and was unable to sell anything in the morning volatility.
So after lunch was perfect.
Well done on your sell and as you say there will be dips and buy in ops again.
Asos today said it will repay cash to Government claimed for furloughed workers as sales rose during lockdown.
The online fashion retailer said that group sales had risen 10% to £1 billion in the four months to June 30, which it calls “P3”. It said full year profits willl be towards the top end of City forecasts.
ASOS Q3 LIKELY TO BE MUTED, SAYS LIBERUM
(Sharecast News) - Online fashion retailer Asos is likely to report a muted third quarter, Liberum said in a note on Tuesday.
The broker noted that Asos shares have more than tripled since its first-half results and £247m equity raise on 7 April, despite no company-specific update since then. The stock surged jumped 72% immediately following the interims and fundraise and have run a further 75% since then.
"We fear the market has read across too positively from the very strong updates from Boohoo and Zalando," Liberum said, arguing that this has created headroom for disappointment when Asos reports on trading for the four months to the end of June on 23 July.
Liberum said its look back at the latest updates, management commentaries and market data seems to support this.
The broker said there was reason to believe that Asos' top-line growth will be materially lower than Boohoo and Zalando - particularly the former. In addition, the company's gross margin will have seen pressure, particularly versus Boohoo's first-quarter improvement of 60 basis points.
"ASOS' stock position is likely to remain elevated; ASOS' warehousing throughput seems to have been much more materially impacted; and ASOS' delivery proposition, at least in the early days of Covid-19, also seems to have been more impacted," it said.
"We are cognisant of the group's long-term opportunities, but we believe meaningful strategic change is required to more fully harness these."
At 1340 BST, the shares were down1.5% at 3,446p.
Liberum has a 'sell' rating and 2,450p price target on the stock.
ASOS: Berenberg reiterates buy with a target price of 4,400.0p.
25/06/2020
BOFA STAYS AT 'UNDERPERFORM' ON ASOS, CITES LONG-TERM MARGIN CONCERNS
(Sharecast News) - Analysts at Bank of America hiked their target price for shares of Asos, judging that consensus was overlooking the "strong" short-term outlook for the online retailer's sales.
Lower return rates should also translate into improved margins over the near-term, they added.
Whereas the median estimate from consensus was for negative growth in P3 revenues, they had penciled in growth of 15.7%.
Hence their decision to mark up their target price for the stock from 2,050.0p to 2,750.0p.
BofA also noted the "meaningful acceleration" in downloads of Asos's app between April and 16 June, particularly Stateside.
Yet on longer time frames, the upside potential for margins would continue to be capped by its wholesale model, they predicted, and therefore left their recommendation at 'underperform'.
Indeed, their assumption for the group's "terminal" margins was just 5%, which was less than competitor Boohoo was already and below Zalando's target for 10.0-13.0%.
Furthermore, Asos's two-year compound annual rate of growth in sales, of 16.0%, continued to decelerate.
And buyside analysts at least had already priced that better short-term outlook into the shares, BofA also said.
On the back of all of the above, BofA was now projecting financial year 2020 topline growth of 20% (consensus: 7%) and earnings before interest and taxes of £78m instead of the £4m previously seen.
"Online e-commerce margins appear to be benefitting from two factors (1) lower promotional intensity, which is consistent with our discounting analysis on pg 5; and (2) a mix benefit from casualwear. We expect gross margins -50bps in H2'20.
"[...] Longer term we believe the wholesale model ASOS pursues caps its margin potential."
On the basis of their estimates, Asos shares were trading on a 2020 price-to-earnings multiple of 59.5, falling to 45.9 in 2021 and 44.5 in 2022.
Cheers and i hope your prediction of 130p and over comes true for all those that are invested.
Only other one I have is ASOS.
Trade-able now !