RE: Combination of 2 good companies12 Aug 2020 14:52
Fascinating, I had bought at 110 believing that the Ocado deal would be transformational following CV19 and the surprise is that its now being acknowledged in terms of the sp. It was quite challenging when it dropped into the 90's but dare I say its looking very promising GLA. P.S. revised my target to 120 by the end of August but now wondering if we see 130/140 by then. JJ
LCR your sub 100 looks a good bet to me, the short positions were increased in Jan/Feb at the 200 level, so no reason for them to buy back any time soon, have I got it wrong? JJ
LastCallRises, MTRO has become very boring, despite what some on here say I don't believe anything is going to really move this one in the short term. Have been looking and investing elsewhere. From an 'old git' less is more when posting on bb's IMO.
goinglarge, now Tesla could be a wonderful t/o, good for us investors and fantastic for Tesla. Could you write the story up and offer it to the Evening Standard we might see £1 by the end of this week. JJ
Panderman could it be that a certain someone has been banned from AA meetings, and his counsellor has recommended posting here as a form of alternative therapy??? JJ
In my experience there is a big difference between what you get using Ocado and what you get ordering from Waitrose. The Ocado hubs move produce/perishables faster so quality is always good/fresh. Waitrose are using local stores to make up your basket and you can end up with a short shelf life which is not true of Ocado. I have tried Waitrose and Tesco deliveries but Ocado is the best for variety, quality and price. DYOR
Being a regular user of Ocado its interesting to see how we are being given weekly updates on the range of products that will be delivered w.e.f. 1st Sept. I fully expect the media will be all over this deal in mid Sept wanting to make a big story of it. The big mistake made by the JL group, and how its turning around the fortunes of MKS. There will be lots of interest in the numbers of increased food figs. but also how non food is also being delivered. Fully expect this share price to creep up to 115p or thereabouts between now and the big day. JJ
The NWG chairman/person was speaking on the radio a few days ago, and amongst other things mentioned provision for bad debts. In the past these provisions have always been gobbled up by the bad debts, but the 'chair' appeared to be saying that over provision could be the case this time. It left me thinking that some of the provision funds could be written back into the accounts at some date. It seems a convenient exercise to boost the provisions when the banks cannot be seen to pay dividends. A special div. in 2021 is my expectation. Hope you get my drift. JJ