RE: Nuri123A10 Jul 2019 12:12
Valueplay - its a classic bubble. Net Assets of the company £556 million - market capitalisation = £8.6 billion. Shareholders are underestimating the potential fall over the next few years. It's overvalued by £8,000,000,000 - YES - that is right. EasyJet is valued at less than half Ocado, and yet turns a healthy profit with great growth prospects...
Ocado: overvalued, never made a profit, no prospect of ever making a profit... hummm.... great for shorting.