Member Info for SFH300

I must admit that autocorrect always catches me out with your username too, Fleccy. (I kept a special eye on that one, though ;) )

"In the meantime, an article which goes good with coffee"

But not with the share price - down another 2.43% at time of writing.

That's interesting, BRT. Any timeline on that? I'm just thinking that any bid in the nearer future could put Draghi's nose out of joint.

Ans: Nope. Down 2.34% at 14:40.

BSMA - Exactly!

Then you have to wonder why no one else is seeing this great opportunity.

... two, sometimes three, steps back.

I'm finding it ever more difficult to buy into ValuePlay's optimism with this stock.

But falling SP?

I wonder why the SP is still falling, though?

Right now - 69,000 sold, 291 bought. This is typical. I think panic - or pessimism at least - is quite reasonable with this stock.

Where are you getting your information from about how well they're doing in Australia, NZ, etc? Because all I'm hearing is silence.

You're welcome. This might be of interest, too:

https://www.hl.co.uk/news/articles/how-rising-interest-rates-can-impact-the-stock-market2?utm_medium=social-organic&theSource=SOTW&Override=1

Unlikely. It's a bank. Rising inflation and any interest rate rises used to control it lead to increased revenues for the banks. HSBC is diverse enough to ride any temporary drops in Asia.

That a takeover showdown is in the offing around May time, perhaps? Ergo, buy now as the price is likely to rise decently over the next 3-4 months.

Yes. All I meant was that one would hope there was little to no chance of fire rather than there being a reduction in the existing likelihood. I'm not being t0o serious.

The business said that it would open two warehouses in 2024 in the northwest and southeast of England, adding to openings planned in Bicester and Luton this year and next that will expand its capacity potential to about 900,000 orders a week.
It said that it had encountered challenges from a “tight labour market” and a fire at its Erith warehouse in south London last July, which had reduced capacity. Not having enough drivers meant the number of customer orders delivered per van fell from 184 in 2020, during peak demand, to 177 last year.

There you go. < thumbs up >

‘Demand is here to stay’: Ocado sticks to expansion plan as losses treble

The boss of Ocado has insisted that its technology provides the “best economics” for buying groceries online, despite the company’s annual losses trebling.
Tim Steiner yesterday shrugged off concerns that shoppers would drift back to traditional supermarkets as household incomes become squeezed, saying that casual shoppers typically started cutting their dining out and takeaway spending first, before altering their grocery store.
The Ocado chief executive said that price inflation across the company’s products was at a lower level than the 3.8 per cent grocery inflation recently reported by Kantar.
“The past year has further reinforced that demand for online grocery is here to stay,” Steiner, 52, said. “In the majority of mature markets, the fastest-growing channel is online — and to truly win here, food retailers need to deliver the best offer with the best economics across all customer missions.”
Steiner is one of a trio of former bankers who founded Ocado in 2000. The company now has thirteen robotic warehouses globally after opening five last year, and it plans to open a further nine this financial year with retail partners in America, Sweden, Canada and Britain. Ocado said that it remained “in conversation with a number of retailers and continues to target further deals”.
Steiner said that these new warehouses would not have its new generation of grids or lighter robots — a “transformational leap” unveiled by Ocado unveiled two weeks ago. However, some of its latest innovative software, which can link smaller warehouse depots and remove the need for a central distribution hub, can be implemented.
Ocado’s robot technology and grids are at the centre of a legal patent battle with AutoStore, of Norway, which it revealed had cost it £27.9 million in fees in the past year. Steiner said: “We are reasonable people, so if someone wants to realise the folly of their ways and see a cessation of their claims so the lawyers don’t make as much money, then we are prepared to sit down. But we are prepared to defend ourselves.” Ocado won a £1.75 million settlement from Jonathan Faiman, a co-founder, after accusing him of stealing information to set up a rival firm.
Ocado unveiled a 7.2 per cent rise in group revenues to £2.5 billion for the year to November 2021, helped by a quadrupling of sales in its international solutions business from £16.6 million to £66.6 million after it opened its first two robotic warehouses for Kroger, the American supermarket chain, in Ohio and Florida. Ocado Retail, the joint venture half-owned by Marks & Spencer, increased its grew sales by 4.6 per cent during the year to £2.29 billion. However, pre-tax losses widened from £52 million to £177 million.
1/2

"The new tech is far less prone to fire."

That might not be the reassurance you intend it to be, VP.

... I think we're all going to lose a packet on this stock. 99.9% of transactions are sells, with many large value ones. Any buys are small, even tiny. With results period coming up, I feel the company's silence is suggesting there's no good news on the way and most are cutting their loses.

https://apple.news/AT6LsHN9tQNOeLKLyE-sj4A