Member Info for oxygen

Seems Primarily is treading water so little surprise the inevitable online presence has now dawned on them and before they start losing Mkt share “ Data for the UK clothing, footwear and accessories markets, which includes all channel and online sales, for the 12 weeks from 31 May to 22 August showed that Primark had the same value share of the total market compared to the same period two years ago” . Will maintain a watching brief but not yet encouraged to buy into.

Will be interesting to see if they feel comfortable going into the HY Results with an open position, either way they shouldn’t be ignored !

See China’s not happy with current oil prices though, given its releasing crude from strategic reserves for domestic refiners with the aim of lowering prices. Mine it did buy substantial quantities during the price crash so perhaps no surprise and merely demonstrates they’ll no longer be hostage victims to anyone. Doesn’t alter the pending supply issues however albeit admire their long term planning, something the West struggle with !

“U.S. production is struggling to recover from Hurricane Ida,” ANZ said in a note. “Extensive damage to infrastructure and power outages mean Ida has knocked off more supply after nine days than any other storm.”

About 77% of U.S. Gulf production remained offline on Tuesday, or about 1.4 million barrels per day (bpd). The market has lost about 17.5 million barrels of oil so far.

The Gulf’s offshore wells make up about 17% of U.S. output.

Not sure if pending completion of the GE Deal is currently preventing Director purchases, but would be nice to see a little more conviction from a few, including the Chairman who can’t be short of a few Bob and may even be feeling a little sorry for AB, seeing what a penny movement does to his portfolio !

@ krakenoil...don’t wish to but suspect I can raise you on that !! but agree this investment isn’t without Operational & Oil price risk but I believe we’re travelled through the worst, and now is not the time to quit. Not long till the Nov Ops -10 month update, when hopefully AB has slightly better news to lift the current gloom & SP. Irrespective GL.

It’s strange what can pre-occupy us at times. Many will have substantial capital tied up in Property yet rarely give its valve any thought until its time to sell and even in a downturn don’t sit there and worry, checking daily price movements on Rightmove. Admittedly property valves don’t carry the same volatility and risk as ENQ, but continued inflation is not a given. Like many I could swap my investment here for a property but won’t, why because in the next 12/24 months I see it providing a greater return. For some odd reason it still doesn’t stop me looking at it’s daily price, but only because I can and out of curiosity, not concern. Were it the latter I’d solve that problem tomorrow, as it is I may be inclined to be a buyer should we dip below the OO price.

Yes disappointing but no more than that, unless you’re a Trader or need the cash. In 12 months time this could look quite different so best find something else to do in the meantime !

Per the CEO ‘ we’ll comfortably meet full year expectations ‘ that’s good enough for me, coupled with money in the Bank. A good long term hold.

Don’t have access to the IC Article, but if factually incorrect suggest someone may be good enough to contact IR @ Enq. with details & ask for a correction to be published. Cheers.

Wouldn’t go amiss to see our Communications Director take the Media spotlight and start getting the message across to the wider public as we shouldn’t be placing any reliance on this Government for support. Given CareHome workers have until 11/11 to be fully vaccinated by law , which is a step I never thought we would see, it’s clear
that unless alternate options are widely publicised the Government may just decide a wider vaccination programme can just be pushed out & the non compliant will find themselves excluded from many aspects of life eg. it becomes a condition of entering educational establishments etc etc !

Whilst product distribution / sales isn’t normally something a Life Science Company needs to particularly focus on its frustrating travelling thro Europe to find not one Health Clinic / Lab. having knowledge of their LFT, given it meets the UK’s S&S threshold for Travel purposes. Hopefully HUA, if granted, will help educate the masses for at the moment it seems a very well kept secret !

If we get the usual Nov Ops Update covering the first 10 months, that should provide a good indication of where the Full Yr results will end & be inclusive of GE numbers. Don’t see today’s disappointment lasting long.

Traders come & go. Don’t see many lumpy high 6/7 figure trades to indicate serious investors are worried about our mid term future. Remain totally relaxed indeed any pull back will be bought into.

Well let’s hope AB delivers a little more positivity this time to encourage some new Investors to join us otherwise Day Traders will likely drag us back down fairly quickly. We always seem to be looking forward to next results but it’s the Full Year Results that really should make a difference here , subject of course to not more stuff happening !

Clearly the Molloy’s believe the SP remains attractive at 390p and has plenty of steam left in it ! . Quite agree this should do well very over the next few years & certainly won’t be selling any time soon !

Well if they postpone the 400k bpd increase that will surely maintain Brent over $70, and continuing Asian / China weakness via Covid provides a comfortable excuse !

....very nice to have a day without another spurious rumour leaving the SP to find a level worth buying into again. Hope this BB can keep it up until the next RNS arrives .

Chilting......agree, volatility is never good over the longer term . An interesting week ahead !

Seems the Retail Brigade aren’t prepared to sit twiddling their thumbs here for the next few months, money needs putting to work in a dynamic Market , can always revisit !