Member Info for Rocka999

I don't believe these guys want in, it's not what they invest in but they do look at various companies for accounting anomalies. They've called a few bad eggs lately like Quindell (QPP) and Dave Breith at COMS and a few good ones such as OPTI. Not saying there's any of that going on here. What you should focus on is that Geoff has a small holding and any adverse effect on the SP won't lose him any sleep at night. Against this his picks up £100K PA whilst Lance collects £50K PA (his salary has doubled). Contrast this with having never made a profit and their salaries/bonus's are not linked to any profit targets. On the plus side is the retail analytics tool which is why I'm here which they have 100% ownership of. Get this moving out to retailers combined with their other gadgets and we could have a winner otherwise we're going to see a repeat of years gone by.

Interesting...... 5harepr0phets has been blocked out by LSE?

There's a piece regards MDZ on ************* today but those of a nervous disposition should look away now. Money raised from the placings goes straight into the managements back pocket in the form of renumeration. I've only a small investment here thankfully (bit like Geoff). The pattern is pretty much the same every year, modest sales, no profit and a placing and nice wedge for the BOD. I'll stick it out for this year but that will be it for me, I posted earlier this would be a make or break year

I think you missed the point, same headline different author, same every year

He was so off the mark they got rid of him, so much for being a top analyst ! While he was analysing crinkle cut chips Ocado were selling microchips, slight difference

How many placings have we had, lost count now? Did the BOD feast themselves by any chance.... ?

Same headline you see every year, here's a good one from 2012 :- "A leading retail analyst has warned that online grocer Ocado is in significant danger of breaching its banking covenants this year, owing to a toxic cocktail of a "pile of debt and falling market share". Panmure Gordon analyst Philip Dorgan said it was the "beginning of the endgame" for the retailer that delivers Waitrose and Ocado-branded groceries in its green-liveried vans. "Standing alone against the largest retailers in the country with a pile of debt and falling market share isn't sustainable … we believe that Ocado's days as a public company are limited," said Dorgan. "It takes only small changes to consensus sales assumptions for a breach to occur." Well that was 4 years ago, what happened the cash should have run out by now.........................

I see there was more than one large today which begs the question is there news on the short term horizon or do we have some rich speculators trading on the SP, a lot of money to gamble with and well out of my league

How did you guess? I'm not quite in that league yet !

I don't think the closing SP is high enough for a leak but you never know

Could be just one of the funds covering, any other news would have sent it a lot higher

Okay thanks, although if you read the agreement it was never going to be profitable at this stage, haven't got a chance to read the detail again right now but I'm sure it's there

Nice bounce today considering the end is nigh for Ocado As Mark Twain once said "The reports of my death have been greatly exaggerated"

I've not heard Mr Potts say the business is not profitable but I'll take your word for it that you've read this somewhere The online business was never going to be profitable until 2017 from memory, it was outlined in the agreement. Maybe Mr Potts has a crystal ball that can see into the future I don't know ? Ocado didn't want to do the the store pick as it's going backwards but as they have the agreement for online distribution for Morrisons groceries they have little choice, this could be something of an achilles heel for them in the more rural areas I'll have to admit as there's no scale to cover costs as in urban areas. If Ocado do eventually sign up with an international partner/s your argument is meaningless, I'm sure you know what due diligence is?

"Equal weight" PT £2.90

http://www.fool.com/investing/general/2016/04/17/why-amazon-still-cant-crack-the-grocery-industry.aspx If it can't manage in its own back yard it has little chance in the UK

The PT is £14 by 2019 so as I've always said a long term investment otherwise the management don't get their large bonuses under the GIP (Growth incentive plan) key to moving this up again is the sale of the Ocado Smart Platform to other retailers which they've currently failed to do by a mile but summer 2016 looks good for the first signature as I posted a couple of months ago. Without expanding abroad there is no future as it's all about the technology and sale there of. It must be difficult to showcase the new platform when the showroom isn't even open yet but I've got that pencilled in from next month otherwise we're falling short of the revised deadline, the revised deadline is Spring 2016 which officially ends on 20th June 2016. Regards a FTSE100 entry the SP would have to be circa £7.75 for a sustained period so we're way off there for now thanks to the current delays and having been misinformed which doesn't inspire confidence. There's been no large scale capitulation by the major shareholders so in essence nothing has really changed except the retail landscape which I won't go over again. The reason for the SP to come off it's highs a couple of years ago was that all the shorts had been sent packing. We could be on the verge of seeing a repeat performance if the current management get their act together and get some deals done as they keep alluding to!

Game on

The market doesn't like uncertainty, most of my portfolio down now, the vote looks like it's going to be tight

13 weeks to 1 May 2016 Online contributed 1.0% to LFL during the period.