Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Small beer Yorick, I sold almost twice that that at 370-371 and had it worked more would have gone higher up.
Looks like the Chairman has bought circa £100k of shares…..27,320 shares at almost £3.658
Sorry, wrong board with that one
Be interesting to see what buybacks do to the SP. Worth considering that HBR didn't rise in response.
I think we'll see 350 or below on this pullback. Fingers crossed the rumour mill is spewing positive messages at that point. But we'll soon find out whether the price has found a bottom or not.
Big coincidence rumour mill starts up again at 342 support
if true (unlikely) ....would be best thing for this share, because it is hated in the UK
PI_Winner,
Is what I've said false?
"factually pointing out that Ocados Solutions 2 main partnerships have halted commissioning new CFCs for extended periods"
The holders are those who have been squeezed over the last 2 years not the shorts..
Sangijuelas1 good call out of VP.
I would recommend not engaging VP as his shorting actions are clear....he is being disingenuous and it is groundhog day every day with his posts.
Ultimately he will get squeezed, news and Facts will do that....but watch as he gets more desperate and continually repeats without understanding nothing on this BB moves the SP in any way shape or form.
Ultimately this board should be used to support the limited number of PI's on here with their decision making.
No complaints. I'm just factually pointing out that Ocados Solutions 2 main partnerships have halted commissioning new CFCs for extended periods. It's a major current red flag imo.
Many will ignore the issue though...
You are complaining because one part of Ocado Group is not earning revenue from another part of Ocado group?
It would be great if Ocado could expand their 2 main partnerships. However Marks and Spencer's through the JV have halted commissioning new CFCs for 2 years and the Kroger pause in ongoing 8 months on.
It would be so amazing if Ocado could sell more to themselves rather than to other international customers.
Marks and Spencer's are one of Ocados main partners. They have decided to pause commissioning new CFC investment.
Is Ocado really a customer of themselves?
Ocado retail, the joint venture of Ocado + M&S has paused commissioning further CFCs.
Apart from Kroger who else has paused commissioning new CFCs?
"Retireguy: Regarding your point that Ocdo solutions is a static inflexible solution bathed in old tech…..
In your view, which warehouse systems are using more advanced technologies currently?"
I have mentioned this before - A static grid system is about efficiency.
I see Ocado as being at one end of the efficiency-vs-effectiveness scale which was a fantastic idea when it started. However, ALL recent tech innovation is improving business function MORE at the effectiveness side.
https://www.netsuite.com/portal/resource/articles/financial-management/business-efficiency-vs-effectiveness.shtml
Proof of pudding? - Ocado shares have plummeted
While there are issues in their major technology contracts the risk off sell down will continue imo. The 2 largest customers have paused commissioning further cfcs and Ocado currently extremely slow at signing up new partners to it's technology.
These flaws would be apparent wherever Ocado is listed.
Cureboy
I think the market has, probably justifiably, concentrated on the lack of profitability at Ocado Retail - this has given the impression that the market just considers Ocado to be a supermarket group.
But, in actual fact its high development costs allied to high interest rates that have really dragged down the SP - until the macro improves its unrealistic to see a real recovery in the SP, however OCDO certainly remains a hold and the SP will take off at some stage.
To be clear Ocado's IP is their technology solution.....which is leading edge and world class.
But it is important to recognise their retail division and like it or not....lower retail inflationary pressures has a positive impact on the SP.
A few of us have been calling for the move to the NASDAQ for a while, before these reports surfaced. The UK market is valuing Ocado as if it is a supermarket. It isn't valuing the technology. With massive customers the other side of the Atlantic it's time to move the listing.
Https://news.sky.com/story/grocery-delivery-app-getir-prepares-to-exit-uk-market-13118655
Best technology biggest range its the future at the min high inflation wars cst of living one this improves I'm sure ocado will benefit
It's time to stop relating Ocado to any other retail players like Sainsbury's.
It's competitors are the likes of Autostore as per this quote from the City AM article.
"The news comes as shareholders have criticised some investors for not fully recognising Ocado as a technology firm, rather than principally an online grocer."
https://www.cityam.com/ocado-faces-investor-calls-to-abandon-london-listing-for-new-york/
The one thing that in my opinion that would be needed to ensure the success of a move to a US listing would be an announcement by Kroger that they plan to expand their network of CFC's.
The SP is seriously undervalued.
Time to move to the states....hopefully there is more detail this week related to the activist investor/s.
Should be a key topic of the AGM next week.
Also Sainsbury results this week should also bump up the SP related to lower retail price inflationary pressures.
GLA.