Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
Dummy sell if Ā£70k I am offered 611p, this is going up!
LSE, seriously. Ocado is not sainsbury. How could a newcomer overtake Tesco with less than 20% of the revenue, answer it is a company that sells its tech rather than one that is competing for retail spend. Yes of course there is a part of it that way but donāt get caught up with that, the margin and the future is about the tech, not how many sausages they sellā¦
Shorts wonāt win this one. Amazon, Walmart or Microsoft and there are others, one of them will make a bid, funnily enough I see Microsoft as the one that needs it the most, they are week in retail and would be a way to play catch up and overtake.
I donāt think the rise today is done and believe it was a tree shake with the pride finishing towards the high of the day coming soon. Such predictions and the Microsoft thoughts are just a bit of fun. I will be holding out for Ā£15 with 80% of my holding, perhaps trade a little the other if it gets to Ā£8 this month.
As said, technical level 631p tells everyone the spike around the takeover is clearly not just a rumour. Especially the way it is climbing consistently daily and with some good volume, I can really see an actual bid on the table soon. Iām not trying to ramp, I do genuinely think it is a diamond in the rough for the companies the grocer indicated are interested. Time, as ever, will show the truth, and i want to be shareholder when it is revealed. If you think it is pump and dump then best sell!
MrProfit. If management sell one share in the next month I would be surprised, you are talking without knowledge or any information or opinion about the company, just looking at a share price and stating something. Good luck with such strategy!
Considering the market and the last few weeks I am getting quite interested in the action today. I believe this is something very real and will keep going. Look for big volume trades along with continued upwards pressure to confirm!
And the government scheme, not agreed yet, for pension funds to invest 10s billions in high growth BRITISH companies, canāt think of more likely benefactor over time as we have very few world leading tech that have potential to go very global in market share
Agree a premium normally 30%, but often 30% of the average over 6 months or higher for a tech company for many reasons, so I would be expecting IF it happened there would be more than one party bidding and it would go for Ā£15
I think you will not be happy with that sale. I have read a lot more in last days about Ocado. Why Microsoft, Amazon, Walmart and many others would like to get their grubby hands on the Ocado Crown Jewels.
https://ocadogroup.com/about-us/what-we-do/how-we-use-ai/
Above link is just a must read in my view. AI stocks are going to be huge and cutting food waste is a global imperative!
West thanks for reply. I did post that and nothing has changed on what was said. What I am saying is that I always reconsider and debate what Iām doing as I think this means you make less mistakes over time.
As said the 3 things that make me nervous were all NEW since that last post. I believe you should always invest based on what is known and not be frightened to question a previous view after new information is known. Most of my mistakes in last would have been to ignore my experience with Temu, the H&M news and the NED sale. All I am now doing is accounting for them in my view of opportunity cost of keeping ASOS bs Ocado.
Incidentally with Ocado, if there is a bid then I believe there will be a bidding war up to Ā£15. Read the post in Ocado site from the Grocer of the companies that would like Ocado tech and wonāt want Amazon to have it!!
I am starting to try to ponder the other side of the coin more and make decisions using devils advocate more. I am very long in positions with a lot of shares in my SIPP. I didnāt like the H&M news, the NED selling and in a way the worst thing for my head conundrum here has been a couple of days ago I used Temu for the first time. The prices are really quite a shock and along with WISH and Shein are a paining of the picture of some of the issues ASOS has.
I was fine until H&M in effect took a piece of the pie for the branded stuff and then Nike etc selling direct it is starting to feel hard work.
I donāt want to rush a decision but I am very keen on Ocado play at moment as they are going to be taken out for the technology rather than the website and in house marketing skills so I might switch some ASOS into this, looking for views rather than ramping
I think Ocado is in play again. Those that know how the city works with the false rumour that Amazon had said they were not interestedā¦ mmmm remember the article written was quite specific so I think this gets his up big time today
This is a big hit in less than 24 hours and Iām not convinced it is all the NED sale, hope it is tbh
Steve, thanks for answer. Largely agree, however H&M is perhaps the one I think has easy chance to advertise to get the message out in store and on line and click and collect / easy return of what people buy is something they have as USP to an extent due to the reach and in store expertise. Still feel ASOS very undervalued but this I believe is more the reason for the fall in price than the NED
I wonder if it was shorts who wanted people to believe Amazon had commented to stop the discusssion aboit imminent bid. I still think Amazon bid makes huge sense for Amazon who could use the tech themselves and also become a leader in selling Ocado sites to other players with their global reach. Alibaba could also be interestedā¦ just my view
All the discussion is around the sale by a director. I have a lot of shares but am more nervous by H&M news. Will it take them a long time to be able to compete properly? I hope so!
I think the drop was catch up on H&M news also. Not sure why so bad though
If you understand what I talked about it is a long term investment strategy in a SIPP with trying to understand in 3 or 4 years what the company would do around dividend if they have 7 billion revenue and free cash flow of perhaps 600m. So Iām asking a question which I think is very legitimate and could be a seriously good SIPP investment with 7 years to wait until I retire š
Donāt agree, many tech companies pay dividend when they get a level of profits that makes sense to pay small dividend. I am not saying to pay one now, was considering with huge profits and free cash flow increases and revenue of approx 7 billion in 4 years time it would add a strong to the bow and add more investment sources as some investors would be attracted by the combination of high growth and small dividend. Thanks for your view, very helpful
If that was answer on dividend policy it is not really answering š. I understand plenty of accounting, that doesnāt set dividend policy. Look for example at Thames Waterā¦ Anyway thanks for the answer but wanted to know what if anything the company states around paying dividends..