Member Info for Pursestrings

I have decided too buy a few of these. Got in at the beginning of the week. Have been following IQE for a while now, they look an interesting proposition in view of the expected upturn in telecoms in 3 or 4 years time.

The US courts will be an extra complication for Ocado. They take patients very seriously I worked for Kodak in the 80s and 90s during the Polaroid lawsuit. Very costly for Kodak and probably was the catalyst for there decline as they were unable to compete in the digital revolution and remained in the traditional 35mm imaging world, hence there demise.
Ocado could well have to fight on both fronts. I am a great admirer of Ocado however there could well be several years of uncertainty. They will not risk any further ventures at present imho. UK courts tend to favour injunctions initially to prevent further damage to both parties.

I buy these on a monthly subscription and have been thinking about upping my stake. Steady dividend and long term it’s a good share especially when the Covid situation improves.

The dividend will be reset when the split happens.

Yes I agree this will drift until Ocado gets its legal issues out the way as it’s hands are tied at the moment.

Like the statement a venture into North America has not been dismissed in the medium term.

Autostore will be be very confident that an infringement has taken place as they will be very aware of the commercial impact on Ocado a claim would have. A false claim in itself is a wrong doing.

Buying Autostore would involve a massive rights issue especially as their potential valuation could rise considerably . Ocado is a hold for a year or two. Nothing can happen now on the expansion front. Long term this will resolve itself.

The future is probably on hold now for Ocado. The courts may well award a temporary injunction to protect both parties structures. Patents are complicated.

I agree industrial disputes take time. Not saying there will not be a resolution but things are on hold for now.

This could really put a spanner in the works in that future expansion could be put on hold until the claim is resolved.
I am also concerned about the Ocado cash burn a lengthy legal battle will only make matters worse.

Some of the froth has come off Tech Stocks of late and has had some impact on the SP. However I think this a good long term share, no debt a big plus these days. Looking forward to divi announcement.

Agree with you Gavster-NBC, £ to high. The reason is probably due to the possibility of an an extension to the Transition Period. A hard exit would definitely help BP.

I think we will have to wait for the budget. The arguments for and against are endless regarding On-line sales tax.

I also have been thinking about getting back in.
I agree Ocado has many things going for it as previously mentioned in the earlier post.
My slight concern is the possibility of a On-line sales tax currently proposed at 2% which in itself is not a big issue however when in place Could easily be raised to level the playing field to protect the High Street as well as helping to pay for Covid. This tax could easily be 5-10% in a few years which could be a damper for future growth in the UK.
However a correction in SP would certainly make me reconsider. Therefore sitting on the fence at the moment.

I believe the final day of Eat out to help out has something to do with this. The High Street will require further help. The Ocado tie up is a fillet and we will have a better idea of M&S fortunes in 6 months.