Member Info for mapper99

WallEye, ConnorClark, Point 72 and Premier Miton are all underwater. Arrowstreet is the next to go!

Does anyone know which short bought 8M shares today and on Friday (3971,588 both on Friday and Today). I guess we will find out tomorrow

Looks like a nice 40K purchase from someone in the know. Good vote of confidence

Looks like the website has gone a bit weird

https://shorttracker.co.uk/company/GB00B3MBS747/

We will find out tomorrow. Given the 2x trades for £14M delayed at the end of the day, who knows? GLA

HKK freudian slip. Maybe VP has put on a new shirt. And maybe a new pair of pants

Interesting to see an auction so late in the day? Maybe more shorts will be reducing in a couple of days(i.e. Monday)

Good Link Pokerchips from Sobey. This drop is way overdone. But given Black Rock has started to reduce (and their breakeven was 250 by my estimation) I take that as a signal to others to reduce. Today is a bonus for other shorts to take advantage, so I expect a number of them will reduce here. We will see in 2 day (Monday).

The phrases I liked in the Sobey report was

"Voilà experienced a sales increase of 23.5% compared to the same quarter in the prior year"

and

" ending its mutual exclusivity agreement with Ocado subsequent to the year ended May 4, 2024, slightly before it was originally estimated to end."

Not exactly abandoning the ship IMO. And given the results from Kroger equally positive about digital sales and the Kantar reports of Ocado Retail out performing other retailers yet again, this drop was orchestrated to allow an out for some shorts.

All IMO

Looks like someone bought 2.5M shares at 9.25 but seemed to pay 0.316 per share instead of 0.136

Seems to have cost them about £5K

Ouch

Job adverts posted online for Arizona CFC. 25 days ago. Suggests that latest US CFC is about to go live as expected. So Kroger are continuing with original plans in Arizona at least.

https://www.indeed.com/q-ocado-group-l-phoenix,-az-jobs.html?vjk=457bc7776dcef1f1

Thanks ValuePlay

Still seems that rumour abounds. GroceryGazette says that Exane said this. Does anyone have a definitive list of broker statements?

Mapper

ValuePlay

Where are you getting the June price from? According to LSE the last target price from Exane was in 2019. What source are you getting this June target price from.

Thanks

Mapper

ValuePlay

Looks like both suffering from the same problem.

Over the last 3 days

Instacart -23%, OCDO -20%

Maybe US online shopping doesn't work?

Looks like Instacart going to suffer again today in US. They use the store pick model for food deliveries like Uber, Gorilla and Deliveroo. Not much competition for Ocado in US.

Didn't BNP Paribas nearly go bust a few years ago?

Been looking into reason for todays drop and Exane downgrade. Could well IPO of Instacart on Tuesday. Since then Instacart SP dropped 23.5%. Curiously one of the financial backers for Instacart are D1 Capital, who just happen to be the biggest OCDO shorter.

Curious indeed

Comparing the 2018-2020 graph of OCDO with the last couple of years for Symbotic the comparison is quite striking. And all the talk of insiders selling is suggestive of the fate of Symbotic in the next few years. OCDO however seems to have turned the corner into a more mature stage as CFCs come on stream. Look forward to slow and steady growth from here on in.

Interesting delayed purchases just published.

02-Aug-23 10:18:26 926.49581 1,408,992 Unknown* 889.60 891.40 13m O

02-Aug-23 10:18:25 926.40 1,408,992 Unknown* 889.60 891.40 13m O

Maybe D1 finally giving up the ghost. Let's hope so

My post from March, when s/p was 431 was,

"Q1 results were OK from what I can see. At this rate Ocado Retail for the year will be £2538M. With International CFCs opening this year adding ~£120M and the reduction of Capital costs both in UK and overseas of ~£300M, I expect EBITDA for the Group to be ~£820M. That would suggest a Market CAP of £12.3B and an S/P ~£15"

ValuePlay rejected it out of hand (I wonder why)

I look forward to FY23 results

Mapper

Congrats Phoenixy. I tried the same but no luck. Always other opportunites though. More deals announced. Dividends etc. Still a very volatile share in spite of recent strong gains