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Quite.
Nonsense
All you guys trying to get Ocado cheap as you missed train earlier.
7 CFC’s will be open only this single year. It comes much more but if someone don’t understand fundamentals is not point to explain all this.
I think that we have all made our feelings clear regarding Ocado and that it may now be better to accept each others differing views and move on, because this discussion is getting us nowhere.
I certainly have no objection to that Edwin at all, absolutely!
I’m not retired even at my age I usually have a busy schedule out of lockdown, mostly planting trees throughout the UK.
I object to advice that says holding regardless of a 25% fall is madness and holding one equity as the cheer person on this board has suggested in the past (Chilting knows exactly that conversation last year with value! He agreed with me!)
Iv invested here over 11 years and would buy at 15.00 maybe if and only if the court cases in US/UK were resolved favourably. I’m watching that carefully!
Ocado is well overpriced and now we’re coming out of lockdown it’s largest contributor to revenue and meagre EBITDA is coming from Ocado JV with M&S that combined with the court cases is not something I could ever put good money into, it’s not an investment consideration anymore.
Neil, I respect your investment strategy "buy and sell equities!". It's your money so you are the boss. Your strategy is suitable for you. I guess you are retired and have time to focus on the market and buy and sell hundreds of times.
We have a job in week days and do not have time to do day-trade or swing trading. So we select long-term trading.
Let's respect each other's strategy. Thank you.
The strategy is different with growth shares Neil - or at least mine is.
I simply top slice and take profit to invest elsewhere to maintain a fairly constant valuation so that my portfolio doesn't become lopsided.
However, I am less inclined to do that with Ocado - much more likely with AIM stocks.
Some on here don’t sell shaggers! I know that’s staggering but it appears to be true of the cheer person on here.
Add to that only holding one equity is also a practice on here according to the same cheer person!
How bazaar is that?
Arguing about short term fluctuations in share prices is a pointless exercise.
What matters is how a equity performs in the long term.
Five years ago Ocado's SP was 260p.
Looking at todays valuation that tells us all we need to know.
I buy and SELL equities! I use waves Iv held GSK for a few decades- but obviously sold hundreds of times, and bought back at cheaper prices! ...................is this not something we are doing with ocado??? ......some attitudes here really are laughable
Why do people feel the need to swear? When you swear you are not in control of your mind, and unlikely to have a healthy mind or output.
I buy and SELL equities! I use waves Iv held GSK for a few decades- but obviously sold hundreds of times, and bought back at cheaper prices!
I have no loyalty to any equity!
Neil, Your Pharma holding of GSK has returned -30% share price growth for you over the 20 years you've held it for. You certainly would hope it will do better over the next 20 years!
Hedged, I totally agree with you that "Why to invest in a stock which makes 100% when you can invest in one that makes 200%, 300% or even 800%." and that "we can exit at 2750 and then buy it back at 2100."
BUT, predicting the market is very very difficult and I know I do not have the ability to predict it. So my strategy is to select a good and promising stock and grow up with it. When things happened, one may jump to the board and tell everyone that "I told you to exit at 2750 so that you can jump to the boat of IAG and TUI to make 700% profit, and then buy ocado back at 2100." Sorry sir, I am not an oracle and I believe I do not have the ability to predict the market. There was an oracle on this board and keep telling us what will happen in the future. But his telling is not always true, and he loses the money and disappeared.
What I do is respect the market, and do a good job at position management. When the SP goes back to a cheap price, top-up a bit to increase my profit. If I am wrong, then cut these top-up shares. That's it. Simple.
"I dont usually take broker notes seriously, but if this were to increase to 3,000 GS would raise their target to 2,700. I think the bottom will be no less than 2,100 but on-line is where the demand is at and if they can start making serious profits then this will be huge."
that's what you said when it was 26, after you aready bailed out at 2750.
So why are you here, like Neil, telling everyone they are wrong to hold? why don'y you concentrate on you winning formula on your new stocks????
Another f'ing moron coming to gloat
On a macro outlook I would say Pharma is a much better prospect in the next 2 decades. I won’t be here but my trust will be and the trees my team have planted will be sucking up excess water from climate change I hope!
See several posts ago hedged. Ocado is a software development company not an online retailer. It's definitely not a silver mining company, electric car company or a virtual currency either. Just some of the mishmash of companies you were comparing Ocado to..
May fall further but in time I see it rising. Im happy holding.
Pointless asking that question Hedged! They are mainly blinkered on here. The large issues are not discussed it’s more about hysteria, very little depth.
Short term growth prospects that benefits from people being allowed out like Saga for example have shown a 70% growth since December’20! Marks & Spencer! Etc etc the list is endless. That’s where money would be better placed, that’s what Iv done!
DYOR
Value play - I selected stocks in Ocados sector too.
Where is the bottom valueplay?
Chilling, Amazon can’t be compared with Ocado! Amazon went public 1997 and since 2005 had EBIT, and bang up to date 2020 made $23 billion EBIT
https://www.macrotrends.net/stocks/charts/AMZN/amazon/ebit
When you look at Amazon then Ocado it’s depressing. It took Amazon just 8 years to EBIT, Ocado 11 years and still not even a glimpse of EBIT!
No divi yet at Amazon but that may soon change.
No one is in court challenging Amazon’s core assets either.
lol hedged, you picked well performing stocks in random sectors. You even quoted bitcoin and Tesla. Anyone can pick past outstanding investments and then say others are poor.
100% return is great over a year, especially when it's comparable indexes of the FTSE 100 and techMARK gave far, far lower returns. To say a 100% annual return is ok is laughable
Correction***
Neil - "And like you, I believe it will keep falling".
Value play - how does Ocado fair compared to the stocks I mentioned from their lows in March?
Why invest in a stock which makes 100% when you can invest in one that makes 200%, 300% or even 800%.
The real question is whether you'll see any growth in the share price of Ocado this year. Highs are 2,850.
Neil - the reason why people stay invested during a fall is because they believe the fall wont last too long and it will shoot up again.
The reason why it has fallen is because of the factors you mention. And like you, it will keep falling.
I like online retail, but it was overvalued. This is one to watch out for at a more reasonable price.
I recall advising that this share would hit 2100s when it was 2600.
I also recall no-one liking to hear that sort of advice because it went against their investing opinion.