Member Info for do8erman

Thanks Neil, its the wait that's killing me though, I haven't the money to risk that some on here have and the loss in 'profit' from £29.00 is a massive hit for me to take, hence my consideration of investing further at these prices, but I still have my concerns, so will as you suggest wait it out for the time being and see where the SP goes over the next couple of weeks before deciding either way. Out of interest whose this Spanish chap you keep referencing?

Thanks, it all makes a lot more sense now. Seems the SP has dropped back on sentiment/market conditions generally, but perhaps mostly on fear with people like me armed with just half the facts who have gone on to sell and move on. However, the costs involved IF this goes against them in X years could be huge if those deals mentioned in the media reports don't happen, agreed? They haven't completed any new deals since this legal case, if they are free to do so it would be great to see something go through that includes the so called infringed technology, to show they are not worried in any way and they have full confidence in the technology being their own to continue to trade upon.

valueplay, fair points i've re-read and I suppose this is the main factor in your comments regards, business as usual and nothing has changed essentially..

"Should AutoStore win the case "...

valueplay, thanks for comments I do value your opinion more than most on here, but i'm still confused, if you are stating that -

"Ocado though have not been ordered to stop selling any of their technology."

Versus the links Neil has highlighted where the media reports say the opposite, where are you getting the information from that they can carry on without issue and its business as normal, with no limitations to any future deals that include the disputed technology?
Or is it that I'm jumping the gun and it is business as usual until the court case, and then if proven guilty from that point (whenever that may be) its then and only then that OCDO can no longer trade on the back of the technology?

Neil, thanks. That's all I need to see for now and won't be investing further just now, I'm not sure how I missed that, its all starting to sound a tad risky. The scary part being that its not just the millions in damages mentioned - IF the case against them is proved. But if so, then does anyone know what costs would be involved in scrapping the 54 automated systems, surely this would severely damage OCDO financially and the SP?

''Should AutoStore win the case Ocado would have to scrap deals to supply 54 automated systems to seven of the world’s largest supermarkets on which it has largely staked its future".

"We know Ocado have been ordered to stop selling the technology."

Neil, so this is 100% the case and has been stated somewhere they cannot sell or enter into any new contracts for their technology until proven either way? I must have missed that important fact whilst on holiday, if that's the case then I have my answer and will continue to wait it out and see where the SP goes from here. If there is a link somewhere that states this please copy and paste it onto the board, apologies again if i've missed this and someone has already done so over the last couple of weeks, thanks..

Value and neil, thank you for your informed and detailed posts, although your opinions differ they are both interesting and informative and both have merit. I tend to agree with neil that whilst this is an ongoing issue this may well stop any future deals from happening if ownership of the technology that they are selling as part of the deal is proven to not be their own. So i'm still confused as to why karister states - 'nobody has banned ocado from future deals' - how do you know this to be true and even if this was the case and they are still allowed to carry on with business as usual until proven 'guilty' would any possible suitor not be scared off whilst the legal case is ongoing? I'm asking as considering cashing in my useless isa and topping up whilst it's under £23, but still worried it may go lower and want to base any decision on facts rather than guesswork.

Can someone tell me, with the ongoing lawsuit are Ocado 'allowed' to continue promoting and liaising with any interested parties globally in relation to new business deals? Or, as some suggest are their hands tied and they are not able to continue to promote the technology they have to secure future business whilst it is being thrashed out in the courts, which could take years. Sorry i'm a little confused if this is as good as it gets right now and the rug has been pulled, or, if they can trade as normal and future deals can still be done on the back of the technology they have. Thank you to anyone with time on their hands to reply.

S.C... In the face of 79 Greene King pub closures, 800 job losses, Scotland pub closures and the rest of the UK due to go into some sort of lockdown come next Monday - you are still saying that the SP is going to be 73-100p. Not me, don't misquote me please I haven't said its coming back to 70p, all I said is IF it goes to 28p-32p area then it has potential to recover - to what is unknown, but i'd expect to 45-48p should pubs and restaurants re-open after a lockdown period in the run up to Xmas - but at present its still very risky indeed, especially if covid goes on longer than expected, and pubs and venues stay closed indefinitely from next week. It all depends on your end game/how long you want to sit on these and your risk tolerance I suppose. If I was invested here and in profit, then I'd sell at 40p and get out Thursday, solely because I'm more risk adverse than some and profit is profit and I wouldn't want to risk losing any gains made, especially if I can then use those profits to buy back in lower and increase my holding if I were to still believe in the stocks recovery long term. Out of interest as you are still stating this is going to 73p-100p regardless of all the negative facts stacking up.. when exactly are you forecasting this SP for? next week, next month, next February, 5 years time?.. if you are going to put yourself out there and share your thoughts on where you think the SP is heading (quite specifically - 73p), please tell us all when. You have previously quoted these SP forecasts many times over the past few weeks/months, yet the SP is still struggling to go beyond 40p, and the rest of the week/next week is likely to see this slide further if logic and current sentiment be applied. I may be wrong and overly pessimistic, we'll see I guess. But, I am very interested to see what period of time you are talking about to see an increase of 83% in the SP from Wednesday, to your lower estimate of 73p and an increase of 150% to your 100p higher estimate, surely you have to agree that this sounds overly confident for any share in this sector inc. MARS for the foreseeable future.

regardless of the cma decision, this will hit 30p before it hits 70p its just common sense, get out whilst you can and buy back in lower in 2-3 weeks time, nothing that is currently happening in this sector is helping MARS or others and there is only one way this SP will be heading short term. this wont help tomorrow will it...

Greene King to cut up to 800 jobs and shut 79 pubs and restaurants

neither will the announcement that ALL pubs and restaurants will be under tighter lockdown restrictions in scotland as of friday, with the central belt - i.e west coast to the east coast inc. glasgow and edinburgh will have to close entirely for however long nicola says - no end date in sight, and those outside the central belt will be allowed to serve alcohol outdoors only - in the rain and cold in mid october, thanks!. and then only for very limited hours, people will just not bother at all and stay at home.

couple this with N.I set to follow similar measures as scotland have imposed this weekend.

and the rest of the UK to have a new plan and restrictions in place in 5 days time, with a partial or complete lockdown of much of northern and central england inc. major towns and cities, manchester, newcastle, liverpool, leicester, nottingham, leeds etc.... how many MARS venues exactly will be closed indefinitely then?

greene king annouce 79 pubs to close with 800 jobs lost, will MARS follow suit with pub closures and job cuts - it's highly likely.

this is and remains a very high risk stock at present, come back next week if it drops significantly on the above news and further lockdown restrictions, then perhaps worth a punt on recovery from 28-32p range. DYOR

oracle-1953... see you were born the same year as Tony Blair... he was a fantasist too!

one of those things no crystal ball and worried about sports closing down again and lockdown on the high street, i only paid 93p so dont feel that sorry for me. the very very best of luck to all current holders new and old.

could be worst, you could have cashed out at 218p yesterday like me!! sh*t.

read this twice and still not sure what you mean. agreed a small spike today, as people including myself were thinking there may be more gloom announced over and above that pubs need to shut at 10pm - which they mostly have been doing in my area for months anyway. the high 20's may well come but on the back of a tightening of lockdown from partial to full, surely in no way relevant to the how the dow is performing, or am i missing something, if so please enlighten me so i'm fully informed. thanks.

if the announcement is that should the R rate not fall below a set % in a set period of time then we will enter full lockdown measures again, then agreed with pubs closed again for an unspecified period of time they will indeed drop to that kind of level - again. if this scenario pans out, then at 23-27p i would say they are a good long term buy, any more than that and the risk attached is just too great, as they are not in control of their own destiny 'going forward' (that was for you LTI).

well super-ramper your wild 73p projection approx 48 hours ago seems a long way off from 39.3p, i do hope nobody paid too much attention and decided to buy on such comment!...i'm certainly better out than in, but thanks all the same!

"you are better in than out - as we will fly back up to 73p or so in my opinion. For many it will be too late for them to get back in as the price could rise overnight!"

hi all , just to clarify i'm not trying to be negative - or as some think to short, i've never shorted anything or ramped/deramped anything either, its just an opinion, which differs to some on here, who are perhaps LTH's that cannot bring themselves to believe whats going on with the SP, or they purchased before covid at 100p+ and are locked in until a recovery maybe next year. i bought at 23.5p and sold at 60p earlier this year, i don't hold currently or do i want to. my comments were simply to say to those that are not invested here and thinking of doing so to hold back and remain patient before jumping in as it has further to drop, thats it - a friendly word of caution, something i could have done with over the years in certain stocks i thought were the next big thing when a lot greener before getting burned on tech and telecom shares in the early 00's... turns out i'm right here so far with a drop to 43.8p today, thanks to the recent bad news regarding a huge spike in covid cases back to may figures, localised lockdowns enforced, pub closures, and the pending announcement from boris tonight. . .this may well be in the late 30's by 4.30pm friday, as i honestly do not think you can downplay the covid facts in front of us all. the government - if you read between the lines - are stating, they are doing 'everything they can' to avoid another national lockdown, they are not saying we are not getting one... they are declaring they are doing what they can but still failing, then if a national lockdown is upon us they can blame the general public for not following guidance. honestly good luck whatever you chose to do, buy, sell or hold, that is your business and each to their own. i just feel its got a way to drop yet and anyone choosing to invest in this very high risk share should approach with extreme caution or have balls of steel! some on here were declaring this as a 'strong buy' at 53p in late august, two weeks later its nearly 10p lower, i hope that not too many took that advice.

new all time high today at 2688p - and there is so much more to follow, like you gio i couldn't afford to take the risk at nearly £16 a share when i bought in just in case it went south, so bought mks and dc. the same day too. dc. i have no issue with and feel they have some potential from the 78p i paid to climb to 130p, but remind me where is mks again, of yes approx 9p more than i paid for them 4 months ago! hindsight eh. if i had the funds i'd still top up here as truly believe we will see 3500p by year end. where's neil?.. does he still think ocdo is only worth 1000p at best?? he is littering the mks board multiple times daily with his guff to no affect.

and so it begins... the north east and wales are just the start...pubs nationwide will now start imposing a curfew sooner rather than later, if not back to a full lockdown in the coming weeks... anyone that really thinks this is a 'strong buy' with this level of risk attached needs help..

The North East is set to get new lockdown measures enforced, including a 10pm curfew imposed on pubs and a ban on meeting anyone outside your household. The new lockdown restrictions are said to be coming into force just after midnight on Friday. This follows a dramatic spike in coronavirus cases across the region.

..Edwina, we have already had a full national lockdown, we don't need to wait for a specific death count for another, the government can and will impose this if they think its for the good of the nation long term. the facts are staring you in the face, below are real headlines from the last 24 hours, not fake news!... stop sticking your head in the sand you cannot do anything about it, another lockdown is coming, so start stocking up on loo rolls..

Infections have soared in the past fortnight after schools and workplaces began to return to normality

It comes as official data shows cases among people in their 40s and 50s have risen by 90% since August

Fears of a second wave are growing as number of daily cases has topped 3,000 for the first time since May

Britain has recorded nearly 4,000 new Covid-19 cases for the first time since the start of May and the number of people being admitted to hospital has risen once again, adding to mounting fears the outbreak is spiralling out of control again.

It came as government figures reveal Covid-19 cases are soaring among middle-aged people in England and have risen by upwards of 90 per cent in a fortnight as the outbreak continues to grow

i'm sticking with sleepy suffolk, you didnt say i called it wrong. good luck with your thoughts here too, on the plus side one of us will be right. lets talk in 4 weeks about that vaccine roll out!