Member Info for Phoenixy

Almost there now, but my target is 1000p

Shorts burning

https://shorteurope.com/details_company.php?company=Ocado%20Group%20plc&land=united_kingdom

Yes, had to try few times before it went through.

Since the last set of results, it has been less volatile. It traded between 675-700 entire last week, now it got another leg up so has found a new range above 750p hopefully.

Managed to get another 3k at 740 range at open so now holding 6k shares in total..low risk/high gain stock now.

1000p soon

Treeshake as nothing to suggest a fall this morning. should hopefully comeback near £4 today

Beautiful! Does anyone know whether the £200m was already recognised as a contingent asset in balance sheet prior to this news or is it a windfall gain/income for Ocado now?

Will add more on Monday morning if it opens under 700p but I doubt it

Great news again for Ocado plus the unexpected 200 million that definitely helps the FCF. Somebody was saying about further equity raise now...lol, probably a shorter.

Currently holding £1.3b cash reserves plus another £200million over next 2 years.

Ammunition for another 5-10% upside next week..Let's see how the shorters now react to this positive news...panic comes to mind

On a serious note, what are you trying to say or want to say?

Goldman Sachs raises Ocado price target to 800 (600) pence - 'neutral'

Retail sales for June ex fuel was a whopping 0.8% v consensus of just 0.1%. Imagine how much clothes have been sold during June alone after our last Trading Update. Surely a lot of inventory has now been reduced significantly. I bet July sales will be bumper too.

DYOR

Don't want to show retail making profit when most of us are facing cost of living crisis. Inter department cost recharges can make profitable retail into a loss making division if that makes sense.

Hopefully on the back of good inflation data, this should get above £4 by close

Who is Emma...just ignore her

NED sells £1m worth of shares, we go down 10% in 1 day, MA adding to his holding does nothing if not fall..lol

When we have endured so much pain over the last few months, why just settle for a measly few% gain when we know this should be way higher. No doubt it could fall again but I want to be part of the ride when this goes up too, not just when it goes down just because I am in loss.

We are in the oil business and that level of Capex is required, not in some kind of grocery or clothing business.

One day when this goes up 20-30% from nowhere, the day traders here will just regret. Hold for gold is my advise.

Dyor

Good news finally, inflation coming down to 7.9% YOY better than the consensus of 8.2%. Also, PPI down too so all in all some relief on the inflation side. Should be a good day here today and across the board. Fingers crossed

Good news finally, inflation coming down to 7.9% YOY better than the consensus of 8.2%. Also, PPI down too so all in all some relief on the inflation side. Should be a good day here today and across the board. Fingers crossed