Member Info for MKS123

Good presentation. Steady and boring. Getting in around this price should offer a safe risk/reward tradeoff.

Encouraging update with more to come. Business has turned a corner and its a case of onwards and upwards from here. Good to see sustainable changes delivering for the company already.

Thoughts on any impact from BoE today? Debt is at fixed rates but it should have a influence on market sentiment and future debt raises (if any at this point).

Https://www.xrtoday.com/tv/lenovo-thinkreality-shaping-the-future-of-mixed-reality-with-meta/

Macro environment still points to a bright future for XR and Engage. I still wait EXR specific (good) news regarding contracts by new academic year.

Increase RNS

II increases holding on 23-Jul-2025.

In Meta's latest results, VR sales, specifically for Meta Quest headsets, were reported to be down compared to the previous year, even though the overall revenue for the Reality Labs division saw a slight increase. This increase was primarily driven by sales of the Ray-Ban Meta smart glasses, while Quest headset sales declined

Sales Estimates:

While exact unit sales figures for Q1 were not specified, one analysis estimates that Meta sold approximately 499,394 Quest 3S units and 606,314 Quest headsets overall in Q1.

Impact on Developers:

Despite the overall sales dip, some developers reported strong sales figures on the Meta Quest platform, particularly for certain games and experiences.

Future Outlook:

Meta remains committed to its metaverse vision and continues to develop VR and AR technologies, including the Quest 3S and potential future headsets.

Https://www.globenewswire.com/news-release/2025/07/30/3123774/0/en/Casino-Group-Q2-SALES-AND-H1-2025-RESULTS.html

All very positive from Ocado's perspective and food inflation still growing in the UK. Pity that the FTSE 250 has had a couple of bad days alongside this SP.

Slight reduction in shorts reported today. More reductions to come.

Great news. A lot of the buying until 22nd at least was from this II. Will keep an eye on shorts closing but I sense there is still a run up to go in the short term.

Thanks for the input. In that case, I'd expect to soon receive notice of reducing shorts since the profit of these positions is evaporating. Shorttracker only shows >0.5% so not a complete picture but still.

Sentiment has changed to the positive since the last Thursday update. The SP reaction and broker upgrade from GS today is evident of that. We have yet to see the bigger shorts reduce albeit there were reductions pre-Thursday update. This isn't a random pump and dump of a FTSE company. Any "short squeeze" will only become more intense the higher this goes although I could easily imagine shorts opened when the SP was much higher than even 400. Shorters wouldn't be in a hurry, therefore.

Solid UT again today. Hopefully get some notices of shorts closing soon.

Https://www.retailgazette.co.uk/blog/2025/07/grocery-bills-275/

Strong UT again. Will be looking for pace of shorts closing in coming days...

No comment on takeover etc but yesterday's results mark a sustained turning around of the business. I don't see how shorters will not be looking to close their positions (shorts were reducing before results anyway). This in itself will support the SP.

Further news of increasing capacity or CFC will be able bonus. I, for one, don't see new CFCs as the main target. Enhancing current CFCs is much more beneficial

279 - high on today

Extra CFC count isn't necessary if capacity/utilization increases like in Detroit. Modules is important and revenue per square meter (both improving)

Our current exclusivity terms are expected to roll off in multiple markets towards the end of this year, and we will start ramping up commercial conversations across global regions. Many of these markets have developed substantially in recent years and the online channel is fully established as the major growth driver in grocery globally. This is an exciting moment to bring the proven, enhanced and even more flexible Ocado offering back to these markets."

Expect local competitors to start using Ocado tech from next year and jump straight into the Re:Imagined version. All very positive and hopefully start of upward pressure on the SP

Higher revenues, increasing EBITDA, lower capex and targeted cost control to more than offset increased finance costs