Member Info for Sangijuelas1

The article (from January) says number one grocery company but actually number one across all sectors even beating First Direct

https://www.grocerygazette.co.uk/2024/01/24/ocado-customer-satisfaction/

Meant to say I think the chance of delisting has increased because a number of AIM companies have done so recently and I think this will feed into FTSE small cap stocks.

I think this will delist at some point. There is no way the UK market is going to be able to discover the value here.

For this reason I am not going to buy more but I will hold what I have.

In a Buffett sense of not buying something unless you are happy to hold it even if the exchange shuts down for a few years.

MV have a ton of employee and management options due to vest in July and the price would have to go up by about 5 for them to be viable.

I guess if they go private they can distribute stock to staff without needing to suffer further SP beating.

And a lot of algos are passives trading their indexes

I would say if Israel don't strike Iran today more chance of respite.

Sabbath starts tomorrow night and Passover on Monday when a lot of Israelis have travel plans.

In the past there have been similar sell offs around things that spook retail investors like North Korea worries.

If fear was that much gold (admittedly already at a high) would have been soaring rather than treading water.

I got caught out by COVID but there are times when fear is magnified. That can be a time to pick up bargains but only if you are prepared to be wrong and accept the consequences.

Rather than blaming everyone else and calling for CEOs to be punished.

That's interesting because the company I invest in UI Path were buying back their stock

I bought today at 342 despite expecting it to drop further because I wanted to own the stock long term more than I wanted to leave cash sitting in savings account.

If there is a serious escalation in the Middle East it will either get sorted or if not it won't matter if money is in savings or stock!

If you buy a stock then it is suggested to do so with at least a 5-10 year view.

As Buffett said don't buy something unless you would be happy to own it if the exchange was shut down for war or whatever reason.

I am invested in a US stock with great earnings and a ready stream of news including large contracts.

But down every day because shorters think the business will be destroyed by GenAI.

I bought more this morning and do so trying to leave sentiment out of it.

If the markets want to have a hissy fit about interest rates or Middle East fears so be it. Interestingly, the drops on US markets seem to be happening on low volumes, which seems more like a shake out to me.

Unless they got a really big contract it would not be worth it.

It would smack of desperation.

It's one thing to RNS a deal with a Korean supermarket for 6 CFCs. Quite another for something like a deal with a regional auto parts supplier.

I don't know if they would actually RNS that. The first one was significant news but I don't reckon they aren't going to announce every time they get a contract. These are more likely to be smaller contracts than building out CFCs.

You can set them up in smaller sites more quickly due to the nature of the Reimagined tech they are using for them.

They hopefully got some interest from the recent trade shows they did.

If you don't believe the stock is any good, at least understand what you are talking about.

Ocado grew from being an online retailer for UK consumers to providing an advanced platform for warehouse automation as a service to grocers and now other sectors globally.

Solutions sales are forecast at over £500m this year and based on that alone the price sales ratio is under 6.

The closest comparable is Autostore, which has a ratio over 8 despite growing much more slowly.

Symbotic, whose services are slightly different, have a market cap over 25bn dollars based on sales of about 1.5bn.

So complain all you want about Ocado Retail failings but at least understand that any talk of meaningful profit in future is anticipated to come from Solutions growth, not the retail arm of the business.

Why do you think they are going to shift reporting on Ocado Retail to Marks?

For pity's sake. No one serious buys Ocado to have a stake in their supermarket operations.

You invest here because you believe they can continue to grow the Solutions part of the business.

And Ocado is the brand that just stocks Marks products. Ask yourself why they don't want the Marks exposure as Ocado stipulate that, not Marks who would love to have their stickers on the delivery vans.

It's not a lot of money and it's in 3 years.

Sounds a lot to retail investors. The Bet365 boss took home £221m last year.

Bonus is peanuts compared to what US CEOs get. Musk is currently fighting to get his 50bn stock award.

They have multiple revenue streams. Wise is not a great comparator as Revolut do a lot more than currency exchange.

They position themselves as a finance super app. Banking services in the EU, crypto and stock trading, premium accounts with things like insurance and concierge services, business accounting tools, POS card readers for companies like Aer Lingus, remittance payments between the US and Latin America.

It might be worthwhile to get a better understanding of the business before suggesting that they are comparable to a money transfer business.

It's more like a mix of Wise, Monzo, Starling, Sum-up and WeChat.

Yeah for me it's one of the brightest prospects.

Fundraise

https://www.iceye.com/press/press-releases/iceye-raises-oversubscribed-growth-funding-round-to-expand-global-sar-leadership?utm_content=289936236&utm_medium=social&utm_source=twitter&hss_channel=tw-2876294235

Https://www.iceye.com/press/press-releases/iceye-raises-oversubscribed-growth-funding-round-to-expand-global-sar-leadership?utm_content=289936236&utm_medium=social&utm_source=twitter&hss_channel=tw-2876294235

Revolut revenue was £923m in 22.

They forecast £1.7bn for 23.

https://www.revolut.com/news/revolut_invests_in_future_growth_as_revenue_tops_1bn_in_2022_expects_to_hit_2bn_in_2023/