Member Info for chilting

There are two simple reasons why the SP is so low at the moment.
1, All tech shares are taking a hit at the moment.
2, Billingham and Deeside financial close deferrals from 2021 to 2022.

Just be patient - both issues will resolve themselves sooner rather than later then the SP will quickly rerate towards 2p.

When is anything quite as it seems with financial markets - they always have a tendency to surprise!

The mantra with problems created by high interest rates and low sentiment is firmly ground in at the moment and logically that is what most people, including the media, expect to continue - but as always that could change in an instant.

The point is that tech shares have been falling in value for a year now and look good value, add to that their popularity with investors and I think we could see a sudden dramatic reverse - especially if big investors such as hedge funds suddenly take the plunge and go long.

So, I see this as a time to buy - we may never get an entry price like this again.

When is anything quite as it seems with financial markets - they always have a tendency to surprise!

The mantra with problems created by high interest rates and low sentiment is firmly ground in at the moment and logically that is what most people, including the media, expect to continue - but as always that could change in an instant.

The point is that tech shares have been falling in value for a year now and look good value, add to that their popularity with investors and I think we could see a sudden dramatic reverse - especially if big investors such as hedge funds suddenly take the plunge and go long.

So, I see this as a time to buy - we may never get an entry price like this again.

When is anything quite as it seems with financial markets - they always have a tendency to surprise!

The mantra with problems created by high interest rates and low sentiment is firmly ground in at the moment and logically that is what most people, including the media, expect to continue - but as always that could change in an instant.

The point is that tech shares have been falling in value for a year now and look good value, add to that their popularity with investors and I think we could see a sudden dramatic reverse - especially if big investors such as hedge funds suddenly take the plunge.

So, I see this as a time to buy - we may never get an entry price like this again.

I guess ITM's results day weighed Ceres SP down a bit today - hopefully we will see a continuation of the bounce back tomorrow.

I think a modest fall counts as a good response to the update - so many companies that have reported this week have fallen heavily.

Here is the link for the Ocado Reimagined presentation.

https://www.ocadogroup.com/our-stories/ocado-reimagined?utm_source=organic_social&utm_medium=og_facebook&utm_campaign=reimagined

When poor market conditions dominate charts become just another way for detractors to prove their point.

Its best to just ignore all the noisy fallout and wait patiently for the reverse.

One example - ITM issued a good set of results this morning but their SP is down about 10% - would you look at a chart and sell?

I think that its true to say that the new tech will cut the planning and build time to the equivalent of building an out of town superstore and if its a repurposed building it could be possible to have a CFC up and running in under a year - possibly less.

So, if one or more of Ocado's partners go for it, by 2023 we could see some very dramatic growth in revenues.

Yes, steady as she goes - did very well considering Covid - bodes well for 2022 as Covid recedes.
Confirms Daniel Lee is doing a good job.

It should be totally clear to all now - even the trolls - that the current SP woes are totally market related and that the fundamentals for EQT remain unchanged.

Today's rise mirrored other AIM tech stocks.

Therefore, the low SP is obviously a fantastic buying opportunity for long term holders.

Kraken - its all down to the Trading Update.

Today's presentation of new tech developments will be a total game changer not just for Ocado but also for M&S.

The main benefit to M&S is that capital development costs of new CFC's will be dramatically reduced and projects can be implemented on a large and small development level much quicker in existing buildings.

On a customer service level, Ocado Retail will be able to offer same day delivery to its customers across the whole Ocado Retail range without impacting on profitability.

The presentation will be available on the Ocado Corporate website soon.

These are tech developments Neil that will take time to implement for partners - re decision making, finance, planning and construction - but all these steps will be greatly speeded up by the new tech.

Don't underestimate the relevance of todays announcement - it addresses many of the criticism's that you have had over the years.

One stand out benefit for M&S is that they will be able to offer same day delivery from Ocado across the whole Ocado Retail range.

The number one benefit here is the cost reductions possible with all the new tech.

This will greatly accelerate roll out by partners and bring in revenue and profitability in a much shorter timescale to Ocado.

It was, I think very relevant that we heard the reaction from Kroger before the tech details - I think that means that we could here details of Kroger's plans to expand their current roll out substantially over the coming weeks.

Sales numbers are distorted by customers stock pilling Itaconix products - the customer has to have good supplies of product to make their retail products.
So, with relatively few customers peaks and troughs are inevitable.

So Tullow is going for jam tomorrow - bad news for the shareholders who thought they were going to make a killing 2022-23.

I wonder if AB will stick to the strategy of paying down debt?
If he does that could be good news for shareholders, including AB, in 2022 - maybe even 60p - then he could just sell ENQ with its depleted assets in 2023-24.

Proceeds from the last cash raise in June 2021 bolstered working capital and funded the purchase of a strategic stockpile of raw materials - todays update confirms that they are continuing to manage stock prudently.

So, with the news today that trading is in line with market expectations - that could mean that there will be a small net profit - therefore, I think that it is unlikely that there will be a need for a further fund raise.

Product launch event: Ocado Re:Imagined

Ocado Group will unveil the next leap of game-changing technology and innovation during a virtual product launch event to be held on January 26th, 2022.

We have a long tradition of solving some of the toughest technology challenges of our age - join us and be among the first to see the next leap in innovation.

A livestream will be available at 2pm GMT on the 26th of January and a replay will be available shortly thereafter on the Group website, OcadoGroup.com.

No material updates on current trading will be provided at the event.

Register Now

https://events.bizzabo.com/ocado2022

All looking good to me - onwards and upwards with plenty more to come from new market opportunities.
Also managing to pass on most cost increases.