Member Info for onsolidground

2024-02-27 09:34:38 2.29 3,929,609 £89,988.046

As more and more information gets conveyed and becomes known, and the confidence in the results to date (Up to 4.7% Helium and 2.2% Hydrogen + commerciality) is backed by the knowledge of an Independent lab on site, establishing, checking and verifying everything throughout then the tendency is for people to just sit tight, acquire the dips and wait for next news. The dips in the past attracted sellers. Now they attract very little by way of sellers.

Most also know there was substantial Buying activity in the 2.45p, 2.5o and 2.55p range, post interview.

Completely different beast these days.

Over £6 recently from memory the down to 495p and less then looked like it was heading back up the last few weeks and then it about turns yesterday. Not in sync with the FTSE 100 or 250.

Its a strange one to follow other than if you are a long termer or if you buy low, set a target and sell when it reaches it.

The plus point is that it gave the opportunity to reinvest the dividend at the recent lower levels.

I've done nicely on ARB thank you very much and exited this a.m. for a nice 2 day trade. Its getting a bit too top heavy imo and tends to oscillate between 16p and 22p.

The propensity for the bigger and upward catalyst news I think is here.

But GL all.

Just watch the video from start to finish, hone in once or twice from 10:23 onwards for the last question and its answers (Reason 2 in particular) and decide if what you should be doing is Buying or Selling Helium1 shares?

https://www.youtube.com/watch?app=desktop&v=OLtoKpXsJoU

Personally for what is known, and coming, at both Helium 1 and Noble Helium I think the MM's are moving it the wrong way if they wish volume. But I'm not complaining.

The point I was making is that you don't go into M+S for a fully laden weekly shop. You go for partial shops on the nicer and quality things in life. Hence they need to be part of a bigger concern when it comes to the likes of logistics and home delivery.

Not a bad strategy Warrie and particularly given HE1 has had its own Independent lab onsite, are confident of what they have, and are not resting on their laurels and are cracking on with progress and optionality.

If the MM's wish to allow cheaper entry at this point then I'm happy to embrace it.

Watch the video.

https://www.youtube.com/watch?app=desktop&v=OLtoKpXsJoU

It is your opinion Boyobach that it isn't. I actually think it is given recent £8's and £10's.

Somebody just all too conveniently decided to make it a story again at the weekend on the run up to the 29th and manipulate the share price down with it yesterday. I think that was obvious given the proximity to Ocado's update and honestly do hope the FCA twigged what was going on are looking at all trades and spreadbets just prior and yesterday. It happens too often and it market abuse, which is illegal.

That said the M+S share price right now seems unphased by it all to be fair. So actually was the Ocado share price last Friday.

All I'll say is that given the nature of M+S customers - and with much smaller basket sizes - it makes far more sense to keep the JV running and be part of a bigger concern and whereby "in addition" people can pick up M+S foodstuffs.

Get yourself to Specsavers Hardhat.

When has Crafty in recent days, weeks or months ever been mentioning the fact that things are coming to a head over the next few months if Moulding and Co can't get the share price up for John Goold @ Kelso is extremely knowledgeable and resourceful in what Sections of the Companies Act can be utilised to effect change at the Top Table and to try and ensure a Board mentality that is conducive and reflective of All shareholder interest. Likewise on my thoughts on the Pacman buying @ Kelso.

Try engaging brain first before you hit the keys on the keyboard.

Kowi, this one also on CityAM today

Https://www.cityam.com/ocado-marks-and-spencer-linked-tech-grocer-to-unveil-improved-sales-after-eventful-year/

The Times carried this particular story and the other press today have just gone into repeater mode and regurgitated what was said. Not one of them has queried the authenticity and reliability of the source behind it or noted that there is no associated RNS from either M+S or Ocado.

I cited Matt Moulding the CEO of THG earlier and his highlighting the ills of the City and in fairness to him a lot of his battles re the unhealthy relationship between Hedge Funds, Analysts and Journalists have been with The Times and The Financial Times journalists and with Numis. Here's just another example where a fake story was created.

https://www.retailgazette.co.uk/blog/2023/05/thg-boss-media-rant/

There might be some substance to it but the strangest thing is that it pops up on the very weekend just prior to Ocado updating the market and with the associated dip comes a noticeable increase in volume - the other point being that the instalment that isn't supposedly being held back actually isn't due until 6 months time, in August.

We are indeed waiting for detailed lab results but thngs are much different now and given the fact that Helium 1 have their own Independant lab on site at Itumbula and the confidence in the numbers thus far of up to 4.7% Helium and 2.2 Hydrogen. That makes it a completely different wait and particularly when we also know that in the Lake Beds levels our near neighbour, Noble Helium encountered a 10 to 15 M free flowing Gas Cap and two very large reservoirs of Helium amounting to 148m depth @ Mbelele-1 and 271m @ Mbelele-2.

And another gift.

I have to say.

Now to just to emphasise the point.

How many times have we had the M+S article regurgitated on here and copy pressed in the media - when it pertains to a future event - August, and we don't have any quoted sources anywhere backing it up. Nor has either company sought to RNS it.

Then, actually the more recent of the two articles but hardly discussed and probably the more relevant to this week (and truthful). Incidntally CityAM was bought out of Admin by Matt Moulding's THG to break the Mould of the prevailing City and to expound the positive side of UK business.

Https://www.cityam.com/ocado-marks-and-spencer-linked-tech-grocer-to-unveil-improved-sales-after-eventful-year/

LL I'm not sure if you are familiar with Matt Moulding the CEO of THG but he is regularly calling out the unhealthy relationships that he perceives exists between newspapers, hedge funds and analysts and the focus on negative press. Worth familiarising yourself with it as in many of his other Linkedin postings he blames this in part for why so many UK companies are getting taken over for a fraction of their true value, why others are choosing to list elsewhere, why so many Pension Funds are choosing to elsewhere also and why trading volumes year on year are noticeably down.

https://www.retailgazette.co.uk/blog/2023/04/thg-matt-moulding-hedge-funds-media-rant/

It looks like somebody perhaps making their own luck again on Ocado as any such payment wouldn't be due until August in any case. "Marks & Spencer is due to pay a final instalment of £190.7m BY AUGUST"

Perhaps a bit of Pony Baloney on the weekend prior to results?

Interesting no comment off Ocado this morning on this supposed M+S news. Nor off M+S. Would be a big hit for M+S if Ocado were to pull the plug and reposition back with say Waitrose, given Ocado have been driving their food sales with @delivery to home.

Timing pre-results might suggest it was a Hedge Fund placed story to pick up stock. Wouldn't be the first nor the last. Those invested in THG and others know the drill.

Might look to top up immediately prior or after announcement dependent on how I perceive things and on what opportunity gets presented.

...and the market reaction is?

That the volume increased considerably @ under 510p

29th is when the update is so judge it then.

Https://www.cityam.com/ocado-marks-and-spencer-linked-tech-grocer-to-unveil-improved-sales-after-eventful-year/