Member Info for chilting

A share buy back would probably be to much to ask for but there is certainly a strong case for a share consolidation - one new share for ten old.

Yes, the potential certainly isn't showing up on the SP - its been fairly volatile but is still on roughly the same level as last November.
Looking at the stock out on loan - source Euroclear - this is up from 8.14% in April to 9.58% in May - so the shorts seem firmly in control at the moment and until investors wake up to the prospects here, that may not change much.

I wish that the institutions would buy long - maybe that will follow and they are looking for an attractive entry price.

Euroclear are reporting an increase in the stock out on loan - from 8.24% in April to 8.79% in May.

Euroclear are reporting an increase in the stock out on loan - up from 3.78% in April to 4.59% in May.

Volume is building well now, it has been around 8m for the last two days, the first time since March that there has been two consecutive days at around this level. Today looks like being a third with volume already over 2m.

With Iranian production fully priced in and OPEC+ in the driving seat everything is technically in place to continue the bull run up to the 2018 high of around $84.
Presumably OPEC+ will come under pressure to increase production to hold back POO over the coming months but the momentum is now established and OPEC+ have control.

Regarding price, I think a lot of potential customers simply look at the association in the past with Waitrose and now with M&S and assume that Ocado Retail is an expensive option.
But this is not actually the case, their are many Ocado own brand products and smaller brand products that compare directly in price to the big four supermarkets. Also, lots of products are available in bulk that wouldn't find space in a physical supermarket, these offer substantial cost savings.

aa111
The sell by dates are probably the same when the food is packed.
The big difference is that fresh food supplied by Ocado gets through the supply chain much quicker, it hasn't been languishing on a supermarket shelf for days.
https://www.youtube.com/watch?v=MRi0--ahsuw

I guess another consideration would be a merger between Ocado and Kroger.

As a potential shareholder of the joint company, that would be a very attractive proposition - high cash generation with lucrative international investment has to be a recipe for success - it would also make it easier to exploit new markets with the merged company opening CFC's globally.

I would say that it is highly likely that Kroger could make a friendly take over of Ocado and leave the present management team in place, simply because they are set to become Ocado's biggest customer by some margin, and they certainly wouldn't want another big player owning Ocado.

ZFG
I thought it was a badge of honour to be on your list, but then I saw Ammu on there!

The proposed raise isn't the problem, its the previous one for Magnus that caused the long term damage.
The value of Magnus certainly wasn't worth a 45% increase in shares in circulation, but when the issue comes when the SP is low then it is an inevitable consequence.

Its the open offers and rights issues when the SP is low that cause the damage.
They may add value, but the SP is disproportionately affected and knackered for the long term - only new shareholders benefit.

Its OK Kraken at 1,041,770 but SP isn't great.

Volume was 8,079,939 yesterday, the highest since April 22nd - all the while the volume stays at these levels mid 20's are almost inevitable by next week with Brent in the 70's.

I think that we can conclude from the survey that old habits do die hard and that there has been a drift back to physical stores, but this may be down more to poor service online rather than any other factor, although some people simply seem to have the desire to choose their own and actually enjoy visiting physical stores.

The exception seems to be the Ocado shoppers and although this may be because we are shareholders, it is defiantly the case that the level of service is much higher, therefore customer loyalty is higher.

It would be interesting to have an age breakdown of people shopping online, I suspect that more younger customers shop online and that they are more likely to continue shopping online, so the market is still very strong for Ocado Retail.

Another interesting factor to consider, not taken from the survey, is that some people simply are not organised enough to order online, maybe Ocado need to do more to help in this regard, although the pandemic may have given them a good lesson in stock control.

mrc
Not so quick mrc - when we get to 34p, I will top slice and just leave profit invested.

Nice place - La La Land!

Hi Ammu
I have been busy.
Nice to see such a big leap up today and the volume is getting better now - all we need now is good news from OPEC+ and a steady rise from Brent and we will be halfway to my 34p target in no time.