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Good luck to you too pokerchips. Lots of interesting points you've brought up.
With regards OCADO I wont get involved in any chat about that and their share price....I think though it is priced as a tech company , as their offer retail technology , which they hope to licence to others and receive royalty payments etc...
Certainly has a high MCAP based on that growth potential ..good luck if you are following that SP
Pokerchips, I am going on sentiment more than anything.
Gioviano55020
Well that doesn't give much ....except to suggest that you believe the share price to be oversold with regards to the result figures...I guess
Neil
Thanks for your opinion/feedback.....agree ..still at least another 6+ months before things start to show through ...to the bottom line ..Christmas is going to be VERY competitive I think on the price/promotions front ..given the economic and employment situation generally
Last financial year the profit after tax was .... a miserable £27.4m ....having had sales of £10 BILLION !! .. with a meagre basic earnings of 1.3p per share ... H1 figures are not going to be brilliant for obvious reasons ..but recovering from the first lockdown for sure
..of course now there are a lot more shares as a result of the OCADO fund raise and any earnings from that aren't showing through yet...
At least they have a lot of basic clothing in storage they can use instead of ordering more, when the spring comes !!
Autumn clothing sales are very much weather related...difficult to predict
At least they do know what their problems are and are addressing them.... cant be easy predicting the right stock levels ...
Regurgitation of old share prices is a bit daft.
I think everyone knows the past sp of both Ocado and MKS.
We are talking about future - past performance is no guarantee of future performance - is this unclear?
I just personally think MKS future performance will be better than its past 2-3 years. Otherwise, if people think opposite they wouldn't buy the shares. So over next 1-2 years.
Yes blackrock, they appear to have increased their position (whilst reducing their short position) the price movements these last two weeks have been very odd, I don’t like the large swings in just a matter of minutes, shows how little volume can move it.
It seems we have our answer regarding what would happen to the SP when it reached 100.
I guess Blackrock are implicated in some way with the recent SP movements - I detect some manipulation rather than free movement.
It sounds a good investment plan. I fully admit M&S have work to do, I really like the sustainable/ethical direction they appear to be heading, that may separate them from some of the online clothes retailers. Food wise they have done well and I expect this to continue (and be helped during the pandemic).
Results for November, who knows Food up, Clothing down but better than base case made during the start of the pandemic. I expect some positive news regarding Ocado and online sales.
Shaggers54, agreed.
Trojanhorse, both MKS and Ocado benefit from their tie up. It's the non Ocado retail JV side of MKS where I see major issues such as those which pokerchips is alluding to.
but if ocado had not joined with marks they would have joined with someone else in some shape or form .....marks options were more limited ..hence my previous statement
both companys will benefit ...i wouldnt be in both if i thought otherwise :)
Well without M&S you’d just have pretty robots with no boxes to fill. They do and I see no reason why both companies can’t benefit from this relationship
actually i dont think they rely on eachother ...marks need ocado more than ocado needs marks imo.....ocado's future is mostly in technology
Poker not an unrealistic thought pattern by any means, good write.
The reason I sold half my M&S equity at £111 is because I believe it will take them longer to recover, but they will.
I like the food, significantly improved digital on clothing etc, new distribution centres, cheaper rents on new properties, and international is performing very well. Also the tie up with M&S/Ocado could bring £300m in revenue(but less profit) The pension is in positive territory and that’s good but also makes the company easier for takeover.
I have a few doubts about black book values but they have been audited and no issues disclosed, and recently some M&S sites have exchanged at good profits-so unsure. This is still a threat.
And the bank is quiet so unclear about that.
Shaggers54, exactly. I didn't bring up the comparison tho. Trying to delve deeper into pokerchips thoughtful, lengthy MKS analysis earlier.
Exactly Trojanhorse. So let's see if Neil can comment on pokerchips point to him earlier....
At the moment to MCAP is £1.9 Billion and the book NAV is £3.7 billion at end of year results....which of course makes it look as though it is really cheap
but... a lot of the asset values are booked under the value of the stores (property,plant and equipment and right to use assets) , and with the current retail slump and COVID slump ..the City is keeping an eye on the fact that the BOD might have to write down the book value of the stores ....something which the likes of Tesco etc did a while back...
Neil..I would welcome your thoughts on that...
Are we really going to go down the Ocado vs M&S route again. So boring, especially as they rely on each other.
im a shareholder in both ocado and marks ..in the time ive held ocado ive made about 50k ....in the time ive held marks im down about 1k ...i really do fail to see the points some folk are making
Still avoiding pokerchips question? Need it explained?
Ocado has returned 750%+ in last 3 years. MKS profitable but not a profitable share to own, -60%
Bugger off back to talking Ocado up Value, your £40.00 estimate on Ocado is absolute madness, no logic to it whatsoever, at least M&S is profitable and has given great divi’s up to Covid, and will return to divi’s in 2021-22, Ocado hasn’t made a penny in EBIT-ever, and never returned money to shareholders. You have no depth whatsoever value, ignorant and volatile character who waits for a share to crash from £29 to £23 without action and puts all her eggs in one basket! CRASH!!!! What a numpty!
Again you sink into misogynistic abuse rather than talk in depth on MKS.
Pokerchips asked you a qu earlier....
You seem very flustered.
There could be an Ocado deal around the corner. It's a point chilting had pointed out repetitively too.
I'm not saying I'm right. Trying to promote in depth discussion on issues. But it is hard. Trash talk is easier for some.
Gioviano55020 hi, value is correct she didn’t quote £30.00 !!! She actually quoted £40.00! Which of course she will lie about as she’s been caught out once again! Mel never does her homework before engaging the brain.
Valueplay
Posted in: OCDO
Posts: 560
Price: 2,712.00
No Opinion
RE: Today's rise, very encouraging17 Sep 2020 21:02
There's no guarantees for sure but I see Ocado as far more likely to reach £40 than £14. There have been these fantastic investment opportunities within the share thus far. There will be a point in the future when the potential is fully factored into the share price. By that time though the chance will be lost. So many still misunderstand this share which is great. Will not always be the case though.
Investment choices/strategies are a very personal choice. Diversification is more comforting but when big opportunities come by they can, if taken, put rocket boosters onto the portfolio performance.
Trash talk.
You are the character that can't keep his gob shut...as Ocado hits 2305, you are still saying a deal is around the corner...AND YOU HAVE NO IDEA IF THERE I ONE OR NOT?
DO YOU KNOW? DO YOU WORK FOR OCADO
IF THERE IS ONE WHY IS PRICE GOING DOWN?
I am talking about MKS not Ocado.
You must live ALONE because who the F could stand listening to some say I'M RIGHT EVERY SINGLE DAY OF THEIR LIFE!!!!!
Pokerchips, I am going on sentiment more than anything. I don't believe all the negativity directed at MKS, they've completely overhauled the food section, which is impressive to me. The media seemed to have it in for the launch, how British.
As if it won't be a success. No idea about their fashion. Maybe they will sort it? and now Ocado can deliver it. There are still older customers for it's style.
I was thinking looking at chart would be 105 by results, but now? maybe sooner. I'm being cautious.
If you are not too greedy there is some profit to be made eventually.
Something positive driving last 3 days, that's all you need to know. Once sentiment changes, things can happen (both ways)
Although, you are probably looking at mid-end next year if you want to make decent money.
All I am saying here is pokerchips has provided an in-depth analysis and yet again it is avoided. You prefer trash talk than to address issues.
To quote pokerchips who asked you...
"04 November 2020 - H1 results
"What are your thoughts on revenues, operating profit and Earnings ?"