Member Info for Pursestrings

DenFos, you may have a point especially as Jenrick has allowed shops to open until 10pm. Shoppers will be out and about enjoying a lot of pent up spending.

A good trading statement. However it is what they didn’t say in the outlook that is important. As I said before this will be a difficult year for Ocado but promising for M&S.

A divi is what I am holding out for. Long term investors will probably start adding and a gentle rise in the SP would be likely. Regarding OCDO I may look at it again however probably not until late in the year until the legal issues are clearer.

I’ll take a 1£. Not interested in loose change.

Thinking about a little nibble again. The High Street will be packed this summer with people just wanting to be there. High street retail in general will be good. Also, the so called value stocks are now on the road to recovery.

It’s possible we will see a rise next week , and a RIghts issue could well be placed higher than the current price. There are are endless possibilities.

The High Street fund announced today could have a negative effect with the possibility of an online sales tax to pay for it. As previously mentioned caution here in the short to medium term.

If they sold it to Autostore that might sweeten them up a bit. M&S would be in no position at the moment to take on that commitment. This would leave Ocado a much smaller outfit though.

I would expect that on receipt of overseas revenues, shareholders will be expecting a percentage as dividends to commence, as a reward for loyalty. This will stabilise the SP for the future. Likewise I believe M&S are considering reinstating there divi at the end of the year.

Neil I agree with you, I cannot see any new contracts in the near to mid term.
Regarding share price growth I see funds moving away from the Tech sector and into commodities as we see an increase into renewables and green tech, copper and nicol are examples of prices increasing. There are predictions of a so called Super Cycle starting in 2021 for this sector.
Ocado has a future but the lawsuit is also big issue short term.

Bought some yesterday looking forward to next weeks results. I agree a long term hold.

Will be looking to get in around the 80 pence mark as I think this is very much a punt.

Equity issue today at tranches between 30-40p will be a drag on SP. I’ve been looking at getting in here but I don’t like these Rights issues on small cap, it kills them. Still they need to raise money somehow.

Great company, growth industry, no debt, reasonable dividend and likely to increase. Where else can you put your money. The Directors have to sell at some point and they still have large holdings.

I just wanna see the Divi return, only if a small amount.

Uncrossing trade, will have no influence.

Have a Happy new year and maybe this time next year we will know who really owns Ocado

Glad I am on this side of the fence. Ocado have problems next year.

Yes, a difficult 2021 is my view for Ocado. They have the retail in the UK to fall back on in the interim but they do have to watch the cash burn.

The ITC may well instruct Ocado to pause its dealings with Kroger in the interim. Clearly Kroger will be concerned about the delays. The ITC s creditably is based on it is bipartisan and independent position on trade and patents issues.
Both Ocado and Autostores structures need to be protected.