Member Info for Opium

EDF have seen that HMGOV contracts to DRAX, guaranteeing prices, are not worth the paper they were written on.

The last time Bertie's Opinion on MRW was 'Buy', he had in fact, just SOLD - can you assure us that this is NOT the case with you?

When are guaranteed prices for power, not guaranteed? When HMGOV reneges on promises.. Perhaps the example of DRAX is fresh in the minds of EDF.

Thank you, Randy. But as you acknowledged, I was completely RIGHT about CUPID's business being worthless, despite being laughed to scorn by many, over several months on that BB, including your good self :) I think Pop would suggest a Very Long Spoon when Supping with Amazon, LOL.

Another worry to sort out? Anybody invested in a UK Bank should read this article in the Evening Standard, Tuesday 2nd March. Bank Sort code changes -'The potential for cock-up is enormous & the banks will have to provide indemnities against any errors they make for years to come.'

'I personally think the potential and fundamental true value of this share is 300 to 350p.' Currently most Brokers say Tesco is worth about a pound MORE than MRW, DESPITE 'Amazing Amazon deal' tosh, and that MRW is worth about HALF your estimate.

Brokers view of TSCO LOL. BTW, FX is only a small part of Commodity Trading.

04-Mar-16 HSBC Buy - 275.00 Reiteration 25-Feb-16 HSBC Buy - 275.00 Reiteration 16-Feb-16 Nomura Neutral 190.00 200.00 Reiteration 10-Feb-16 HSBC Buy - 275.00 Reiteration 04-Feb-16 Exane BNP Paribas Outperform - 200.00 Reiteration 01-Feb-16 HSBC Buy - 275.00

04-Mar-16 HSBC Hold - 180.00 Reiteration 02-Mar-16 Exane BNP Paribas Underperform - 140.00 Reiteration 01-Mar-16 Deutsche Hold - 155.00 Reiteration 29-Feb-16 Shore Capital house stock - - Reiteration 25-Feb-16 HSBC Hold - 150.00 Reiteration 24-Feb-16 UBS Neutral 170.00 185.00 Reiteration 18-Feb-16 Shore Capital house stock - - Reiteration 17-Feb-16 Barclays Underweight - - Reiteration

RE: Short Positions Ocado 17.84%, SBRY 10.91%, TSCO 2.45%, MRW, after the 'Good News', 13.13%. Giant Billion Dollar Hedge funds - what do they know eh?? WHO did you say you worked for??

Eve. Std.Mon 29th Feb:- 'Amazon Prime customers nationwide will be able to buy NON-PERISHABLE goods from Morrisons Online' 'However, Amazon will have the power to SET THE PRICES, meaning they could be different to the same products available in Morrisons' supermarkets' 'Morrisons' inhouse Home delivery system could be directly competing with Amazon.' Which part of these statements did you NOT understand? You said the OPPOSITE remember?

The above article is perfectly clear & confirms what Rocka999 says, 'Amazon will have the power to set the prices'. Fruity & co. have no evidence to the contrary, only assumptions/wishes on how they would like the deal to work. The RNS says nothing on this vital point. Non-perishable goods ARE included, despite what Fruity said. 'MRW products could be sold cheaper in their own stores (via Amazon lockers) & Online' is what I claimed - refute it with FACTS, if you can.

Eve. Std.Mon 29th Feb 'Amazon Prime customers nationwide will be able to buy non-perishable goods from Morrisons Online' 'However, Amazon will have the power to set the prices, meaning they could be different to the same products available in Morrisons' supermarkets' 'Morrisons could also expand it's inhouse Home delivery system & be directly competing with amazon.'

Well genius, what"s the answer to my Question ? As you alone , understand this bizzare deal :)

I will take that as a YES then - Amazon can sell MRW products cheaper than MRW stores AND MRW Online. What's left? As MRW feeds the Beast that's biting their business? The M Stores were sold for a multi-million LOSS - what would Aldi stump up for the rump??

1) *** Amazon can under-price Morrison's with it's OWN products, in it's OWN stores - YES or NO? *** 2) "Morrison's small Northern stores have Amazon lockers for picking up Amazon parcels." - YES or NO?

Morrisons, with a smaller footprint in the more affluent areas of London and the south east of England than Tesco and Sainsbury's, may have gambled that it could cope better with the arrival of Amazon which would typically target those areas. "Morrisons may feel that Amazon isn't really a threat for its smaller stores in the North of England; on the contrary on our recent store visit, we saw a nice new shiny Amazon locker unit for picking up Amazon parcels."

'Analysing the deal, John Ibbotson, of industry consultants Retail Vision, said the Amazon deal had granted the grocer "an 11th hour reprieve" as its management has been "papering over the cracks for some time". The morning's news was a blow for Ocado shareholders, who had entertained hopes that the online grocery specialist might be a takeover target for Jeff Bezos' company. Shares in Ocado led the fallers.'

Present tense & past tense - Shore you're not one of those couldn't give a toss, 'House Brokers'? Keep talking your book:)

Fsntastic news! MRW will be equiping a new major Online rival with the means to crush it's own fledgeling Online business... (Ed.some mistake surely) Ocado deal is hedged with Ifs & Buts - won't start till 2017, if it starts at all.