Member Info for onsolidground

Most of the conversation on here today is all from non-holders so for me it makes sense.

Can happily sit on them and will be adding.

800p to 443p will do me fine given the contents of the last RNS.

Last Board purchases at end of November were 561p to 590p, with full knowledge of all businesses.

Don't comment on Kelso STE for you haven't a clue on them. They weren't selling through frustration. They have a stated return they try to make each year off their investements and cumulate and they achieved signficantly more than that through the THG rise and their sale.

They still have 5 Million at last count, although also still had recent placing monies available.

Do not underestimate them. MM certainly isn't.

The article is dated the 29th Jan. Been discussed to infinity and beyond.

Somebody clearly didn't want it to rise today.

Each time it dips to 16.5p or thereabouts atm.

Been a long while since we seen one of those.

Nice start to the week.

I wouldn't complain. It's a nice start to the day, the week, the month...

"I don’t really understand how it has shed £2bn in 2 months. On what news??"

Ditto Ant1986.

Its probably one of the most manipulated stocks on UK market.

But for how much longer...

Your a troll. Fact

Crafty, they have had THG Fluently for a yonks. It provides interpreter and language translation services. In its widest sense if you think about the international side of the THG businesses it is an invaluable add on not just for say interpreter services but also for translation wise on what goes on the product labels and packaging and for promotional media. I'm not too sure a new add on in the US though will add much as the US is an English speaking country. It might help with the likes of cultural sensitivities.

Here incidentally is your post from Results day on the 29th February when it looks like you were a non holder of Ocado shares.

"Boyobach

Posted in: OCDO

Posts: 4,999

Price: 511.40

No Opinion

RE: Excellent results29 Feb 2024 18:00

After the usual hour or two of ‘results volatility’ today, OCDO is back above 500 but hasn’t quite regained the positive trend it slipped from on Monday:

https://invst.ly/13qsbl

It isn’t out of the woods but things could easily have been worse. IF I WAS A HOLDER, would I sell at the moment? No. Would I buy at the moment? No.

Whether you’re an optimist or a pessimist about OCDO, today’s results probably served to reinforce your view.

As with the market, apparently, the dial hasn’t shifted either way for me."

I'll leave people to make their own minds up on both you and your posts.

Boyobach I sensed from your post to me yesterday that you were already sided in the deramper camp alongside valueplay, and I also have to admit that I have come across you on several bulletin boards, some where I contribute and others where I sit silently, and always without fail find that you try to use TA to try and put a negative slant on things. It is in it's own sense a form of deramping. My own nickname for you fwiw is "Buyback". That's cheaper if you can get it and that I suspect is always your posting aim. It's not hard to check your history.

Perhaps for the benefit of all you can direct us all to a couple of posts of your own where you have actually posted positive technical analysis and accompanying commentary on any share.

Returning to your most recent deramp post the title of it for starters is a dead giveaway that it will be negative. Then you read it and you find that you wrap you post TA but only surround it with negative detail.

So where do you mention any of the following significant improvements.

? Group revenue £2.8bn, +9.9%: Technology Solutions +44%, Ocado Logistics +1%, Ocado Retail +7%

? Group adjusted EBITDA*1 of £51.6m, up £125.7m from a loss of £(74.1)m: Technology Solutions positive at £15.4m; Ocado Logistics at £30.1m; Ocado Retail returned to a positive adjusted EBITDA* of £10.4m; inter-segment eliminations £(4.3)m

? Cost reductions across the Group: operational efficiencies and lower support costs. Ocado Smart Platform ("OSP") direct operating costs2 down from 2.02% to 1.65% of installed sales capacity

? Underlying cash outflow*3 of £(473)m: +£356m versus FY22 (well ahead of guidance of +£200m)

? Cash and cash equivalents of £0.9bn; gross liquidity remains strong at £1.2bn (including £0.3bn revolving credit facility)

? FY23 results in line or better than guidance

*No mention either of The McKeeson deal in Canada or The Panda Retail Group deal in the Kingdom of Saudi Arabia.

Those all speak of visible improvement to me, some significant and the company is actually in far better shape than it was when it recently hit £8.00.

One can never predict the way the market will move but if it drops any further then I'll be happy to add and knowing that several of the Directors were happy to buy between 561p and 590p at the end of November just after the McKeeson deal announcement.

Absolutely correct in both the opening and closing auctions on any given day. It may have been 1 single trade or it may not but The fact it was a very large rounded number suggested to me it was. Irrespective of that it was a matched bargain of SEll(s) and Buy(s)

You are also correct on this point also "people can be shocked when shorters close their shorts and the price doesn't rise much as they thought it would .....the answer being they bought in the auctions" and that wasexactly my point.

You need Direct Market Access to participate.

Boyobach, on the contrary the post was actually all about clarifying that the Uncrossing Trade isn't "an end of day bookkeeping entry" which was what Valueplay suggested. £15M worth of shares bought during market hours, in one go, instantly attracts a decent premium, gets noticed, and normally results in an uptick and has follow through. Nowhere near the same effect if bought outside market hours which was my point.

Crafty I think I said that line the other day or similar.

Be careful or Hardnut will think we are one and the same.

The idea of a Buyback jedclampit is that it has to be done via a broker and in such a way that it doesn't affect the price.

Ultimately what you are hoping for is with less shares in circulation then should good news come along then there is lesser free float of shares to buy.

Its still being priced like there was a pandemic on and malls were down to essential shops only.

Such a disconnect.

You would think it wouldn't be too hard to to track back all the trades in recent days and work out who exactly has been algorythmic trading Sells into the market to clearly manipulate and drop the share price and who at the same time has been the receiver who is picking up the stock. Same with the goons and derampers who pop up on the bulletin boards.

~Armed Robbery on a bank - 10 years. Brinks Matt bullion robbers got £26 Million. Virtually all captured and imprisoned.

~White collar crime of Market Abuse by manipulating and damaging a companies share price and Market Cap for gain. Count all the cash you get away scot free, unpunished and move on to plan your next one.

I think that is essentially what Mr Moulding at THG is getting at and Fwiw, THG I have as one of the next to quit the UK market and to be fair I wouldn't blame Ocado if it did likewise.

GL all.

That Matt Moulding the CEO of THG has pointed out.

Made to fall into results, Article fed to the press (at the weekend about M+S here), Actually a good set of results, then there always seems to be the one broker note on the low side, Algo gets placed across the back. Happens all the time @THG. Worth reading the insert copy of his Linkedin post for what goes on.

https://www.retailgazette.co.uk/blog/2023/04/thg-matt-moulding-hedge-funds-media-rant/

It is the heart of the problem for why very few companies are listing, so many bids are appearing for undervalued companies and why so many others are choosing to relist elsewhere.

Plus side is that it does present decent buy in opportunities and particularly if you do so in stages. Soem with deep pockets profiting both ways.

Just imvho.

Shrewd business and a good price and nobody saw it coming.

Would like to see it build nicely into quite a good summer of sport what with the Olympics and Euro Football Championships to bolster advertising revenues.