Member Info for OrangeWalrus

Lessons were learnt subsequent to the fire at Ocado's Andover automated warehouse back in 2019, with more robust fire detection, prevention and backup measures put in place as a result. Inevitably safety measures will be reviewed at Ocado following last Thursdays unfortunate event at the Medline Automated Warehouse in Tracy, CA. All employees were accounted following the incident at the medical supply warehouse.

European Central Bank interest rate hike delivered at 1pm Today (due to affects of Iran/US war), so removing a layer of uncertainly in the market,

plus Grocery Gazette clip Ocado recruits Harry Redknapp to deliver dressing room team talk to delivery drivers 'delivering in half time slots'

SAfrica/Mexico kick off 8pm Corona beer, chillies chilling in the fridge :)

https://www.grocerygazette.co.uk/2026/06/11/ocado-world-cup-deliveries/

Incredible. Thanks for sharing, and yes awesome piloting skills, something akin to Will Smiths action flight scene in Independence day! (:3)<

361 Asda Superstores representing a 36% increase on instore fullfilment globally, the tide is turning. a long way to go on the recovery process, first signs of positivity though which is good!

Any one have ideas as to the halt in upward movement of Brent Crude? Trump announcement to CBS Iran war 'will end soon' maybe (unlikely) caused a downward blip down $4 or possibly an agreement on releasing strategic reserves (boosting production on sentiment) DJ sudden reversal up 250 19:45 9/3 from negative territory. Gulf Shipping Lanes unlikely to move unless US statement has issued a statement

Venezuela - A concerning situation which is likely to polarize political opinion in Latin America spreading the wider global Environment if unconfined. This is not about stopping drug cartels it is purely step 1 in a process of gaining access and control to the worlds most significant oil reserves. Cuba /US relations further destabilized as are US/Russian relations after the attack following a statement from Russia this lunchtime. Will have to wait until Sun/Mon when Asian Markets open to determine Economic sentiment as uncertainty over what happens next likely to spook the markets. Only careful diplomacy will keep this from further escalating.

Orange7

Thanks for posting this highly informative educational presentation on OCADO warehouse logistics and operations

https://youtu.be/ZfySGETDq_s?feature=shared

The company's robotic AI distribution CFC's have evolved incredibly from the mono to grid network CFC's in the past 20 years.

Wonder what TESCO, SAINSBURYS, MORRISONS etc use ? Using unique logistics with 100 million calculations a second to maximize efficiency its only a matter of time when a sales pitch like this will embrace the retail heavyweights.

Could do with an RNS to reasure investors re: financing going forward in order to continue to pursue an aggressive marketing strategy towards a successful future in AI retail distribution.

Ocado leads Growth in all retailers Up 12% in August. Thurs Trading Update will be interesting with the current aggressive marketing campaign.

Morgan Stanley have likely been overly cautious on the Kroger siuation on CFC's. We will have to see what happens with the trading update on Thursday

RNS Statement on refinancing to address uncertainty re cover for debt, up coming bonds etc a complete change in strategic outlook exploration strategy seek fresh reserves

Weak retail sector performance in general to start the week. Monday lag possibly connected to M&S being out of favour today+shorts/Profit taking. OCDO is the drama Queen of the sector often over-reacting to the slight whiff of news either way to chart a super warped roller coaster ride.

US Markets responding well to the Trump backdown on tariffs with 90 day pause on higher tariffs dropping to 10%.

Poker Game continues with China with increase to 125% tatiff. Asian markets open in a couple of hours should follow suit.

Markets liking this economic strategic reversal. UK markets should lead with oil as Brent up $5 dollars in the past half hour.

Long term Ongoing economic outlook demands a China/US agreement.

Expect the roller coaster ride to continue.

12 days until results day

Key issues

CEO Appointment

A solid Medium Term Business Strategy to secure future operations

Debt reduction

Farming out of Kenyan Resource / How any deal would Benefit TLW in terms of securing future resources

Jubilee Field production issue resolution

Plan to cover 2026 Notes

Bull hammer pattern forming in the charts today so price floor is near

Takeover talk probably unjustified as no evidence yet although in bargain territory. Tullow needs a strategic partner

to develop its Kenyan reserves, its best asset. The whole sector responded to geopolitical uncertainty + Commodity prices today. Kosmos Energy the last takeover source followed the sectors downward move today in exact proportion. Glencore funding facility should see this through for the duration of the 5 year agreement. A company like ENI would be a good partner to persue for Tullow in getting a Field Development plan up and running for Kenya (has interests in Ghana) and has the means to make it so in a collaborative effort. (last deadline for submission expired 31Dec 2024) Kenya Undoubtedly the Ace to play for TLW in terms of future reserves at the right time.

Uncertainties of bonds due in March and possibility of Glencore, a key financiar to TLW exiting FTSE100 are key controllers These should be solved soon, headwinds are strong at the moment but this little company should weather the storm. A solid Strategic plan going forward and a partner to develop Kenya to secure future reserves would improve the situation

Petrofac financial restructuring rubbing off on TLW somewhat this morning. Glencore arrangment with TLW ok for now

Kenyan Field Development Plan / (or an extension to put a new one together) could be announced soon due before 31 Dec. Once this and the GhananTax dispute resolution is announced, markets will have a degree of certainty and are likely to respond favourably

Positive stuff in the pipeline once the storm clouds clear as the new year progresses, however Tullow does need a strategic partner to move things forward on Kenya. Hopefully the new CEO appointed in the new year will persue that objective successfully Enjoy the Festive Break all (:3)

Don't knock it John Peel was a great DJ ;)

Seriously though this should have been announced yesterday. Reuters got hold of this insider info leak days ago

Kenyan field development plan - as I understand deadline for submission was extended from June 24 to 31 Dec 24

so any news would be imminent.

Anybody know about the Kosmos Offer for Tullow Oil this morning -there seems to have been a leak on insider info on this in the past few days

Ghana update also expected at some point soon I would imagine

Hi MH

As far as I understand there is an update on Thurs 28th Nov.

7p was back in the beginning of the pandemic when the OP briefly dipped to $0! The subsequent recovery led to a 500% increase in the 2 months after

Sharp upward move on OP after trading closed this eve -

China economy /OPEC decisions still likely to come in to play affecting the recovery when it happens

It is not always dark at dawn!

https://markets.businessinsider.com/commodities/oil-price

Kenya FDP/Ghana Tax Arbitration

If Tullow finds a strategic partner(s) to move the Kenyan Field Development Plan forward there will be renewed positive sentiment going forward, I understand the latest submission was rejected some time ago.The new deadline for re-submission of the FDP being 31Dec'24.

Hopefully good news on the way when the Ghana Tax Arbitration is sorted out, some time soon with a bit of luck

The approval of a solid FDP for Kenya together with securing a partner to develop it (cost £3.7B) would potentially secure substantial reserves. Be great to get an RNS with some resolutions to these 2 key issues

Have a good weekend all! (:3)