Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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
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
I have been looking at the data from Kroger's 2022 Report. It suggests that there were $17.5B of online sales last year. That suggests there may be over $20B this year. I am working on the principle that OCDO gets at least 2.5% as a commission on all online sales. Given their announcement that they have reduced direct operational costs to 1.8% this year(and I suspect the cost in the US is below this average), that looks like at least a 0.7% profit on all Kroger online sales from now on. $200M at least and likely to double over the next year or so once all the current CFCs are built.
Just my thoughts
DYOR
Mapper
Casapinos
Thank you for your kind offer, but I already have a spreadsheet for each major short.
However what I don't have are the actual prices that each sold or rebought the shares. Or even what how often they bought and sold shares between publicly declaring their short holding.
I assume that they will rebuy and then resell the shares they borrowed a number of time before they finally reduce their positions. But the public data does give a good indication of their success in shorting.
And obviously there are plenty of short positions under the 0.5% figure which are not required to declare publicly.