Member Info for Phoenixy

Also, I am expecting this to get to £10 this summer.

DYOR

No reason for a pullback other than profit taking or hot inflation number coming out. If it happens, it should be temporary. When this starts going up, it keeps going up and vice versa!

Calm down Dan! your post no.2 talks about tird tells a lot!

Another 10% up tomorrow is very likely if inflation cools down...bring it on!

Ocado and Asos are my ear rings made of diamonds. Just needs some polishing now!

373p close today would be lovely. Let's do it today!

This report is lovely to see Carrington! more pain, more gain

Inflation data out tomorrow and retail sales later in the week will set the tone. fingers crossed

GLA

We need to value the company outside of what their financials show and what auditors sign off. Auditors normally want company to prosper too so there is some independent issues and conflict of interest anyway.

Anyway, look at the like of most US tech companies- Tesla, Nvidia etc. Do you think they are worth that much if only looking at the financials. Ocado and its Tech/AI are just starting and could be global phenomenon.

DYOR

Correctly said, EBITDA is positive and that's what matters. Most of the cost after EBITDA are non cash items /one off items and does not affect cashflow/ FCF so don't think Ocado will run out of cash anytime soon.

Tech/AI is the future and that will be huge in next few years with proven tech outside grocery deployed across the globe.

Still waiting for your 3000p prediction to come, Karl!

Hold on to your shares tightly and dare not sell. A massive short squeeze is about to happen for the highest shorted stock in Europe which is also a FTSE 100 stock, profitable, and is a takeover target.

The sooner they close the better for them...

1000p soon

Ocado gone bonkers today after showing positive EBITDA, Asos will do the same in their next update.

GLA

Ocado has profitable EBITDA which is very important plus revenue has increased too. A predator like Amazon sees that costs after EBITDA can be absorbed by potential synergies that will contribute to their long term strategy and obviously bottom line. 300p days gone, 1000p maybe end of this month.

Wow! Ocado going bonkers, with previous highs of 635p of Amazon rumours been taken out so far. So glad of my top up at 570p range yesterday.

GLA

EBITDA was positive beating analysts forecast of loss, plus the fact Ocado can sustain such exceptional one off losses means future is bright

GLA

(Bloomberg) -- Ocado reported Ebitda for the first half- year that beat the average analyst estimate.

FIRST HALF RESULTS

* Ebitda GBP16.6 million vs. loss GBP13.6 million y/y, estimate loss GBP25.1 million (Bloomberg Consensus)

** Retail Ebitda loss GBP2.5 million vs. profit GBP31.3 million y/y, estimate loss GBP8.39 million

** Technology Solutions Ebitda GBP5.9 million

* Pretax loss GBP289.5 million, +37% y/y

* Revenue GBP1.37 billion, +8.6% y/y, estimate GBP1.33 billion

** Retail sales GBP1.18 billion, +5% y/y, estimate GBP1.16 billion

** Technology Solutions revenue GBP198.2 million

* Retail sales +5% vs. -8.3% y/y

* Average orders per week 392,000, estimate 393,932

* Average order size GBP121.22, +1.5% y/y

COMMENTARY AND CONTEXT

* Group Confirms Financial Guidance Given in February

* Capital expenditure in H2 is expected to be lower than that in

H1; full-year Group capital expenditure is expected to be no more than £550m, in line with the full-year guidance.

* The Group is on track to deliver the guided £200m of underlying cash flow improvement in the full year.

GLA

Sky is the limit, but 373p close could setup a big up day tomorrow hence that closing price prediction

373p close would be lovely