Member Info for Gioviano55020

Interesting podcast, thanks for posting

Ahead of final results due on 5 February, chief financial officer Duncan Tatton-Brown gave a presentation to explain the impact of the FTSE 100 company's decision to employ the IFRS15 accounting changes from its full year ended November 2018.

He explained that the inflow of cash to Ocado from the five international deals it has signed, including for Kroger in the US and Casino in France, will not be impacted by the IFRS changes but that revenue that the company had initially said would be recognised in the two years before the warehouses become operational will now not be recognised until the go-live date.

Peel Hunt's James Lockyer, one of those in attendance, explained the impact of this: "Hence, where previously the company had described these deals as being earnings neutral, they no longer will be. The costs associated with setting them up will still be recognised when occurred but the revenue that would have been recognised to offset these costs won't be."

...answering my own questions now, shouldn't be suprised people taking quick profits from last 3 days.

It was all going so well today...then back to square one?

I DO think all people still enjoy the thrill of shopping on the high street...BUT most cities are dominated by boring chains and there is not much selection, unless you actually want what THEY are selling...i.e cheap tat made by slaves in Bangladesh or China.

So, people shop online and get the brands delivered to them for the cost of the petrol to get somewhere. It's not actually that satisfying searching for clothes on a screen, but for food shopping, it's different and it removes that element that 's a time-sapping chore.

Obviously we need more news than just Kroger recaps but...

Something pushing SP up today? 920 to buy on HL.

IF ONLY, I'd sold when Tim Steiner did and then bought back at 750!

Yes Rocka, definitely need news to spur people on.

Jan 16, National Retail Federation, NYC...

Speaking at NRF 2019, Brett Bonner, VP of research and development at Kroger, acknowledged that in order to offer the best service to its customers it has to undertake partnerships – such as that with Ocado. This has become more urgent as significant growth is expected within the online grocery category.

“Customers now want to order anytime, anywhere and get great service and this involves partnering in order to give shoppers a seamless experience. Ocado has great engineering. What I’ve seen is world class. Penetration of online grocery is 2% in the US and in the UK it is 8%, with over half of all consumers in UK using online grocery at some point. Consumers everywhere want to interact more online,”

Just need a few more jumps like last year and we'll be back on track. Above 910 is a good sign.

hi LTIA, not bad thanks. to be completely honest, I bought back in to recover losses, so anything is a bonus for me.
As long as big buys keep coming in we should be OK for reasonable recovery.
It may take 2 years to get anywhere decent, but for now buying at 220 on HL is better than I thought today.
GLA

looking better now, 214 to buy on HL

Low volume traded today and other shares attracting more interest today?

Obviously some will sell for small profit, but looking positive again 188.5 to sell on HL

Yes Rocka, we're back in business! I thought 750 was a bargain a few weeks ago, just didn't have any spare cash.

There may be some light at the end of this dark FTSE tunnel over the past 3-4 months after all. We just need some exciting VRS news as well.

Good day for trading today FTSE,
Are you very strict on a specific pence increase or go on a gut feeling for the days price movement?
I had a good 2018 with Ocado, but stupidly lost all profits buying something else that went bad. So starting from scratch.
I'm back with a few IAG, which I have been in and out of over past 10 years, always been attracted for some reason.

Hi FTSE, I guess you need to be trading quite big numbers to day trade a profit from IAG?
I've only got a few shares a moment.
Thanks for the tips though (oil price etc.) I am going to keep a close eye on what you've mentioned.
What do you think about coming results day Feb 22, in my experience of IAG, even when good results come out market is disappointed!

Sadly LETSTRY..., that seems to be the exact situation

Well done FTSE, It's one of my favourites, although I have been sidetracked and severely punished fishing for other things on AIM. The lack of stamp duty a good factor for IAG. You certainly need to be quick and maybe the key I've been missing is also to sell at a loss to buy back in again on the almost constant dips.
2018 started off good but once we hit August, it's been a nightmare.

I'm certainly not predicting anything, I certainly didn't predict a fall from 700p in June to 172 in January.

It's fine if you haven't got much at stake. Otherwise, who knows where we are, it's all blind speculation.

SHARE RULE NUMBER 1:
Never listen to anyone who calls THEMSELVES a genius.

I'm not sure it's all about shorts. If they can stay around 890-900 there is a good base to build back towards 10 when we hear news on Feb 5.
There is no reason last years broker predictions couldn't come true with more tie-ups announced.
The Supermarket sector seems to be fairly resilient at the moment. TSCO and MKS holding steady.
We've all got to eat.