The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Chilting, Good luck to you on all you’re investments.
You're arguments are always with some logic and balanced.
Nothing can always be right-that’s like saying the earth doesn’t rotate on its axis once a day!
I buy and sell, I can not afford not to lock in profit, lots depends on how much money I make. I make mistakes sometimes and get trapped, this has happened to me dozens of times.
I mind getting trapped in a holding, at lot-it’s annoying !
I never, never invest in any company(growth or otherwise) that does not make money-EBIT, or where I have no belief in the bod or it’s market.
Value has to be correct at some point, but to constantly justify a hold from £2900 to £800, and then only be critical once she’s sold is at best immoral and deceptive. She’s absolutely appalling.
I feel for the people who listened to her, I really do.
Neil
I have been down 95% on ITX and seen it bounce back.
Being down just 50% with OCDO is no problem and is par for the course with growth shares.
What goes around comes around, patience is the key.
Mental health is huge concern across the World post covid, but also through it.
Watching a 76% share price drop and not selling to crystallise profits is irrational at best.
Nothing more to say about the credentials of ‘Value’
Sad.
Those were my thoughts at the time SFH. I still believe Ocados tech to be of great value and improved after reimagined, as do many others on this board. Overall though we must make up our own opinions on investments/technology rather than rely on others.
However the worlds economic environment has change immensely from then. The war has lit a toxic inflation/interest rate spiral which is hugely damaging to Ocados prospects. The overall economic environment left me with the decision to sell.
Ocado has been a very profitable investment for me as the great major of my holdings were bought at £3.40. Missed the top re this share but so have many, many others. The covid period was a once in a lifetime occurance that left many investors with deep losses across the entire FTSE. I walk away with a healthy profit to reinvest in Ocado at some point or any number of other interesting investment opportunities. Other retail shares such as Marks and Spencer have tumbled 48% from their high but investors there are still hold on waiting, hoping, for a bounce..
To belittle others and try to tag them with mental health issues only reflects greatly on the originator of the comments.
Best of luck to all
"If you just look at charts you miss the key details regarding Ocado. The recent product unveil was absolutely key. Was it game changing? It's a yes from me and I believe the share price will start to reflect this in time".
Valueplay, 7 Feb '22.
Mental health is huge concern across the World post covid, but also through it.
Watching a 76% share price drop and not selling to crystallise profits is irrational at best.
Nothing more to say about the credentials of ‘Value’
Sad.
Billy,
The current dire economic forecast necessitated a re-evaluation of my outlook for Ocado. I had no need to sell but I could see the forecasts for Ocado becoming increasingly challenging. Kantar have just released Ocado retails latest estimated sales figures today and they are down 8%. I could have just sat it out hoping for a reverse but glad I sold out when I did.
Chilting,
Good luck re your continued hold strategy. I have a very negative view of the overall market conditions for Ocado. Ocado as a company though I have great respect for. The company has been a very profitable investment for me and has great potential for the future. Currently though I believe the best place to be is on the sidelines regarding this share.
Newdealz,
I say things as I see them, as we all do on this board. I've been positive for a long period. Currently am negative re Ocados outlook and have sold my holding due to my current analysis. Hope things work out for you.
Oceanfruit,
I have many aspirations, being Neil 2.0 though is not one of them.
Best to all
With all due respect to you all on here, if you had listened to my comments you might have sold at £29.
No dividend
No net profit, ever-20 years
Shareholders continue to be diluted
Only BoD get any benefits
500 on the way
Have a great day.
Just perusing the list of Ocado partners which have bought in/expanded since 2018 and are continuing to expand with new cfc rollout - no doubt the pace of this will slow due to inflationary pressures and less people at home all day post Covid, - petrol prices and inflation will at some point abate but wage increases will generally increase - Ocado may suffer short term but long term it will win out as supermarkets realise that delivery is a loss leader when you compare the cost of robots to people - I am in this for 3 years plus or until I double bag and will add more on a cash call -
dyor etc
Is Value going to be the the new Neil!
Indeed.
@Billy wouldnt have anything to do with the fact he has sold out? lolz
@Boyo add the 200MA on your chart with 2 minute time frame ;-)
I think most investors who sell tend to develop a negative view of the stock they have sold - I know I do.
This is especially true when the SP has fallen back a long way and profits have been trimmed or losses incurred.
In this case however, I think Valueplay is correct and the macro is badly stacked against Ocado.
But, is it a sell?
In my view no, the potential is still here and improving with reimagined. Unless there is a need to sell, just hang on and wait for better times.
Can’t believe that Valueplay is now downgrading ocdo!
My concern here as well as inflation and site costs, is do the shareholders really have the appetite for more fund raising.
Ocado really needs keep an eye on cash flow. I think this could be a classic case of growing to quickly.
The company needs a long period of consolidation.
Prior to the war it was forecast inflation and interest rates would rise moderately. Of course we were at multi year lows so that was to be expected as the economy came back post covid. The huge unexpected jolt to inflation and interest rates though has been the war. Fuel and food inflation off the charts contributing to rising inflation elsewhere.
This jolt causes incredible issues for Ocado. Grocery consumers cut back in all areas. Very high fuel prices makes the Ocado delivery model more expensive. The current economic environment is one in which overseas grocers do not want to commit to lots of extra funding projects..
The chief cause of inflation and interest rates are not the Ukraine war. Andrew Bailey said himself last year before the war started that inflation would rise.
The Myrmex buy was good news. It has brought forward even nearer the day Ocado will again need to raise cash from its shareholders but it shows Ocado still have ambition, still are sticking to their plan of always improving, shows the wheels are not falling off the company, yet.
Still though the incredibly dire current economic conditions endure. Inflation and interest rates rampant. Chief cause, the Ukraine war, shows every sign of lasting another year or more.
Tomorrow is Marks and Spencers results release. I believe the current trading and forward guidance for M&S and any read through to Ocado retail will disappoint.
Its good to see some positive news today, with the new tech from Myrmex being used to reduce labour costs for Solutions partners.
Also Ocado has its modelling seminar on Wednesday to explain to analysts and investors just what Ocado are all about.
The fightback begins.
@Boyo my definition of 'boom' is making 10% of my total bad investment above in the £9's, thats in the last 2 trading days. The only way to make money with this share is to play the intra day swings, ive given up trying to second guess and wait, you can spend to much time trying work a share out with fundementals and end of day charts when the real information you need is the live price action, im learning to 'feel' the vibe of this shares eb and flow and watching for the break outs, or maybe im just getting lucky? All this is based off my prediction that we have already seen bottom, im not going to talk numbers because i havea bad habit of jinxing this BB, so ile keep my big mouth shut ha ))
What's your definition of 'boom' Newdealz?
Mine would be a significant breakout above the upper green or, preferably, the red here: https://invst.ly/y6zs0 …..Before mid June would be nice….
My charts weren’t smart enough to predict the Myrmex announcement - glad Casapinos was on the ball.
Just thought i would stop by and give some of my detailed techical analysis......... we new it was coming..... BOOM