Member Info for sheltie

PPP - RIP

158.50 to be precise

And "a better day" duly delivered. £1.58p at the Close of Play here.

And as if by magic! Thought yesterday was a good point to buy in/buy more here. Let's hope we move back up to £1.70p and then on to £2 in short order. . . ATB 😃

A better day should be in store if the 150p floor mark is correct.

VJ can you please stop being so obnoxious and personal. Be polite and focus on the company and not the individual. No longer qantas - just anyone else who doesn't suit your narrative it seems. Be more polite please.....

Last week it looked (from a technical point of view), that we were heading back to £1.50 for the third time. I reckon this will be it though (+/-2p?).

Onwards from here in my opinion - and maybe a very nice entry or top-up point?

But maybe an RNS will explain these bizarre movements downwards. The Dixons off-loading again? A large Order being filled around this price?

Makes no sense to me, as to why FTC would be sliding back like this with results just around the corner. It's 100% being manipulated by the MM's.

But I do sometimes forget that this is listed on AIM; it just seems like a much better Company than that!

At £3.11

Https://www.investorschronicle.co.uk/content/b6991b83-c817-4834-8aef-dbbf28efeb50

Very intrigued as to what the new Broker Ratings will look like, as reviews are still clearly mixed, as you can see from this article published yesterday by Investors Chronicle. . .

Boyobach - I am with you on that.

Hope the folk that have been 'enduring' here for the past few months, through thick and thin (but mainly thin) enjoyed todays' respite; including you qantas!

ATB :)

Yet this was in that article posted earlier. There is still much to be done and I doubt the Shorters will be too bothered:-

Mark Crouch, Market Analyst for eToro, said: "Ocado continues to test the limits of investor patience. Once viewed as a pioneer in grocery logistics, the company’s downward spiral has become a case study in hype over substance". But is that now about to change?

"Management claims the business will be cash flow positive by next year, a target that, while encouraging, comes after several years of missed milestones. The market has learned to treat such guidance with caution. Much of Ocado’s appeal has rested on its technology licensing model, but the pace of adoption has been slow, and the returns even slower. The tie-up with M&S continues to offer some operational ballast, yet it doesn’t resolve the broader question of whether Ocado’s core proposition can generate sustained, profitable growth.

And until Ocado demonstrates that it can convert technical sophistication into reliable financial performance, investors may be right to remain sceptical."

Https://www.thisismoney.co.uk/money/markets/article-14913833/Ocado-pledges-profitability-year-investors-grow-impatient-years-burning-cash.

GGEKOTRADER - I don't look at the Highlights page, as that's exactly what they want you to do! Instead I have now read all 66 pages. Probably better than I expected, but I don't see those pesky Shorters running for the hills any time soon. Lot's of stuff back-ended where they hope it won't be seen and still a huge amount to do. The debt is costing a lot of money each month and that's detailed much later in the report. BUT, I don't see a violent day here, which is good. It will settle down later on. . . . ATB

. . . as that is a horrible close price of £1.66 😲

Yes, I'd say that it's definitely skewed to the upside too, given that it has already fallen by 28% in just the last six months alone, but hey, this is Ocado so anything can happen!

That said, like you, I'm also "cautiously optimistic" here, as it has been a very painful hold for investors. Let's face it, down 89.10% in the last five years, certainly isn't a very good look for a FTSE organisation! Let's hope that all those Shorters have a very tough day tomorrow. . . Over and Out. ATB

Including the debt, which is costing a fortune and will therefore, necessarily affect the numbers!! Especially the 'Bottom Line' numbers.

Personally, I'm more interested in how they have addressed the debt. Sales numbers should be fine; but the debt pile. . .

"and the TU here actually beating those expectations".

100% agree TysonX - and THAT is going to be the BIG catalyst here; the Interims need to 'over-deliver' and not just 'meet' yet again . . . .

No point in spending today, second-guessing tomorrow, as nobody here has a clue.

Only Ocado know what the Interims look like, so let's wait and see.

Have a good Day. . . .