Member Info for Grayling

UK Meat producers have started sending carcasses to the EU for butchering before re-importing them as they continue to combat a labour shortage. Meat exported in this way cannot to be labelled as British for UK sale and will cost an additional £1,500 for each lorry load of carcasses. This includes transport fees and Brexit customs requirements, such as an export health certificate for each consignment.

Chill out. There may be some lumps and bumps along the way but long-term this is going above £4.

"You sound more like a disgruntled Next or Primark shareholder who doesn’t like Mks born again reality". Really? Why would I be disgruntled as a Next shareholder? If I had bought next back in Jan 1997 I would now be sitting on a nice 70% profit! had I done the same with M & S I would now have lost 50% of my cash. As for Primark, please do your research. The brand is owned by Associated British Foods and has no separate share listing. Although ABF as a group has struggled recently, guess which of their brands makes the biggest contribution to net profits? Primark. You sound more like a blinkered long term holder of MKS sitting on a huge paper loss and hoping for better days, I have better things to do with my cash.

Dividend is 6.1p goes Ex on 18th Nov and is paid 30th Nov.

Only re-quoted to point out it was based on zip all. Jaeger went bust for a reason and packing your stores with pseudo-upmarket offerings which may bewilder the average M & S punter may not be the way forward. I still maintain M & S should ditch the clothes and concentrate on food. they cannot compete with Next et al. and are simply throwing good money after bad in what has been an ongoing saga of repeated mistakes for many years now. How many duff turnarounds do you try before admitting you were wrong?

"However, that all changed when Mks bought Jaeger and is making a roaring success of it !!!" where exactly did that statement come from? M & S only launched Jaeger in 12 "test" stores yesterday! A bit early to declare it a "roaring success" don't you think? As one retail analyst put it ""Jaeger is a beautiful heritage brand but the price point is very different to M&S. Part of Jaeger's prestige was boutique style shops and the experience has to feel good if selling products at 10 times the price of other normal products. The question is whether the shopper is going to understand it." In other words, the jury is still very much out.

“Wetherspoons slashes price of a pint to 99p despite surging costs”. Mmmm is this Timmy Wimmies way of pretending that nowt is wrong, or the economic equivalent of fiddling while Rome burns?

If anyone here thinks that short selling is the problem with UKOG , then they are more deluded than I thought LOL

" More mechanical engineering and less financial engineering." That boat sailed a long time ago matey and post Thatcher (like it or not) the UK became completely over-reliant on the giant that became financial services with the City of London (lap dancing bars and all) and big bang at its centre. What we are witnessing now is the slow and inexorable decline of the latter in a form of death by a thousand cuts. This will not end well for the UK.

The amount of time (and money) wasted by people on this dud oiler beggars belief! It is neither a good long term investment nor is it a particularly attractive trading opportunity. You could have made more cash day trading the £1-2 ups and downs in the AstraZeneca SP over the past month than from UKOK in the last year and without any prospect of losing your shirt.

Popped in here expecting to see that this had risen recently on the back of the energy squeeze but no, same old, same old. Glad I got out in the high seventies back in 2019 and that my other holding in this sector (SSE) managed to rid itself of the millstone that is retail energy provision. SSE has gone from strength to strength since selling off the retail business, but CNA is still saddled with the ongoing s***show of price capping.

They have delayed announcement of their results due to the increased financial complexity of audit resulting from the new acquisitions. They hope to have the results out by the end of October and that is when the dividend will be announced probably for payment in November now given the delay.

In short......NO

"Who is suggesting removing any of the standards?" HMG from their website:
"Tests will also be made shorter by removing the ‘reversing exercise’ element – and for vehicles with trailers, the ‘uncoupling and recoupling’ exercise."

You are missing the point. They cannot just leave and drive HGV's as they do not have the required qualification to do so. They would have to train up just like any other HGV driver and that is the root of the problem we have. Anyone can drive a delivery van, not so an HGV. Oh and removing the requirement that the training HGV driver is capable of reversing an HGV rig as part of the qualifying test is not a solution to fast tracking the exam! It will just lead to more problems in practice.

"11 stores were not profitable." And what is your source for this fact? Judging by recent comments from M & S I doubt this is the case. Chairman Archie Norman has complained for months that M&S was struggling to get goods into Ireland and France since Britain left the EU single market at the beginning of the year, due to the huge amount of extra paperwork. "M&S has a long history of serving customers in France and this is not a decision we or our partner SFH have taken lightly," Paul Friston, M&S' international director, said.

If you think that M & S being forced to close 11 profitable stores in France due to Brexit red tape is a good thing you are more deluded than I thought. As for lorry drivers floodingi n from the continent to bail the Tories out, their latest statement would indicate otherwise " “So, more is needed. And I think the EU workers we speak to will not go to the UK for a short-term visa to help the UK out of the **** they created themselves.”

All this talk of oil and gas on here. Anyone would think that UKOG actually produced enough of either to make a jot of difference! Totally deluded :-)

Tobias Elllwood the Tory genius has suggested training up Afgan refugees as HGV drivers. You could not make this stuff up. So now the government are to introduce up to 5000 temporary visas for EU HGV drivers to work in the UK for no longer than 3 months. If I were a lorry driver in the EU I would tell them where to stick their poxy visa. I suspect uptake will be very poor.

"Turning the immigration tap off is a mistake not just for current needs but all skills. "
Well people should have thought about that before they:
a) Voted Tory and got the rabid anti-immigration troll Pritti Patel for Home secretary.
b) Voted to leave the EU.
Rant over. By the way I did not hear about BP supply problems on the news, but was one of the drivers turned away at BP's service station at Southwaite on the M6 yesterday. Lots of angry drivers.