We would love to hear your thoughts about our site and services, please take our survey here.
Savvy
There has and always will be a great opportunity for capital gain due to impatience of others.
The shorts realise this on the downside, now we get our chance on the upside.
More often than not the best decision when investing is simply to hold and wait for an opportunity to top slice when the SP goes overbought.
This has worked very well up to now with Ceres since 12p days, but from now on I hold for a very big multi bag.
I guess the shorts will also be buyers - trying to hedge their losses.
Sentiment can change in a heartbeat - great isn't it!
AJP
That's no surprise, I have excellent confidence in Itaconix but zero confidence in AIM and share trading on AIM.
There doesn't seem to be any real transparency on how these retched algorithms work.
It seems to me that ITX is penalised for low volume by the algorithms, but with so few shares actually available to trade low volume is inevitable.
Gioviano
We can only guess were the SP is going, so a more relaxed way of investing is required here and with most growth shares.
I simply hold for an extended period - just paper losses - then top slice when the SP goes into overbought territory.
Its been a while since I top sliced here and may be a while yet, but I live in hope.
Savvy
China is already doing a lot with green energy - its not just talk like it is in the UK and US.
Can anyone can remember just how polluted Beijing was just before they hosted the Olympics in 2008 and the drastic measures they had to adopt ? Things are very different now, Beijing still suffers moderate pollution but it has dropped to 485 in the league of 500 most polluted Cities.
One thing the Chinese have done is to switch to cheap electric motor bikes in - most are electric in Beijing now.
https://www.alibaba.com/product-detail/Best-selling-commuting-electric-motorcycle-affordable_1600689424010.html?spm=a2700.pc_countrysearch.main07.7.2fcf574fV51ren
The macro is all over the place at the moment.
Since the new year we have had - fantastic results from the likes of M&S, Tesco and the discounters.
Higher inflation than expected - fuelling expectations that interest rates will stay high.
Contradictory retail sales figures - lower than expected sales fuelling expectations of interest rate cuts.
The net result is that share prices have tanked on sentiment - all VERY frustrating!
One thing to point out regarding Delta.
They do operate on mainland China - they have 6 manufacturing sites around the country.
This deal was probably done in collaboration with Weichai and Bosch.
Excellent news this morning.
Should be all cleared with Weichai.
Weichai have a senior Director on the Ceres Board.
I think any company that hasn't reached its full potential is difficult to value, not just Ocado.
In these instances the valuation is governed largely by sentiment.
During Covid the valuation of Ocado shot up as sentiment soared, even though the company was even further than it is today from delivering profit and wasn't capitalising on its market position.
Today we see the macro come back to bite and sentiment is shot again, hence the fall.
So to sum up - the volatile market is just valuing Ocado short term on sentiment, hence the volatility.
Yes, excellent, as expected, a big pull up by M&S for Ocado Retail with M&S customers now switching to Ocado Retail when they cannot get to store, as an alternative, or when travelling distance is too far.
The value of the partnership is now shining through with increased sales and higher margins because of economies of scale.
I think we could see a big spike up tomorrow with Christmas sales good and a potential return to profitability for Ocado Retail.
Volume has been low so far this year with few buyers, that could all change big time tomorrow.
A short term gain that hopefully also reverses fortunes by improving sentiment.
Its fairly obvious that the RBC downgrade triggered the fall - 6% came off in the first few minutes of trading.
Also the reason for the downgrade with the SP basically just drifting tells its own story.
But, nothing has actually changed, we are still just waiting, as are Ceres, for two big corporations to make decisions - these things take time, add to that its new tech without a clearly defined market and a factory has to be built in China with its fragile economy - it all takes time - be patient.
I think we can be confidant that the Christmas trading figures for Ocado Retail will be very good and that Ocado Retail will be back in profit again, or close to, when we get the trading update on Tuesday.
This will hopefully give the impetus for the SP to finally turn positive.
It seems, as usual, that excessive press coverage built up excessive expectations for investors.
Add to that the profit takers, and its hardly surprising the SP has fallen back.
I guess in a week or two it will be back to around the 270-280p mark.
We do still have the Ocado Retail numbers to come on Tuesday - don't forget many M&S customers, like jimjams neighbours around Henley, would have used Ocado for convenience over Christmas.
Hello jimjam
I guess your experiences with Waitrose in Henley sums up the sort of mess that Waitrose is in.
It certainly begs the question - if they cannot get it right in Henley, where can they get it right.
I am quite sure that M&S would jump at the chance if they could get the site, especially as it comes with parking.
I agree with jimjam that it would be good to get hold of Waitrose sites like Henley, but I guess they won't want to sell their crown jewels only the rags.
Its probably better to go out of town with abundant free parking, as M&S have been doing, in the profitable locations like Henley, if sites are available.
Henley also has a big Tesco, it would be interesting to know if customers are drifting from Waitrose to Tesco to sample their Taste the Difference range in such an up market area.
Ocado Retail is the key for M&S to increase market share in food, simply because it enables them to increase the range.
Having the duel market place enables increase in volume orders from suppliers that gives more attractive margins created by economies of scale.
Customers will soon be able to do all their food shopping for the week at M&S.
We should also see Ocado Retail recording a small profit next Tuesday.