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I wonder how much we will all lose today?! Battersea Dogs Home wouldn't take this hound in. Woof!

£1.36 just paid. Plenty of strength here, going into the final 15 minutes. . .

Yes Ditchfield I 100% agree. I hold 30,000 FTC shares at 94p and see no reason whatsoever to sell. I mentioned on 28th May, that from a technical perspective, it was "itching to move on up to c.£1.35p".

Well we are now at that very point; this has plenty more to give. . . ATB

In terms of the overall 'Technicals at Barclays:-

of their 28 Signal Indicators 13 are Red, 12 are Orange and just one is Green.

The next stop looks to be c.£2.34p. Bearish Trend Continues.

According to Barclays Research Today:

RSI 7 36.20 41.20 The RSI7 does not indicate overbought or oversold conditions.

RSI 14 41.80 43.60 The RSI7 does not indicate overbought or oversold conditions.

RSI 21 44.30 45.20 The RSI7 does not indicate overbought or oversold conditions.

RSI 50 46.20 46.50 The RSI7 does not indicate overbought or oversold conditions.

RSI 200 46.50 46.50 The RSI7 does not indicate overbought or oversold conditions

This company seems to be a license to lose money! Shocker. Just so friendless. That Balance Sheet combined with terrible sentiment, is doing all of this daily damage. Ocado need to release some very good news - very quickly, to help halt the daily hemorrhaging here. . . .

Let's hope the results are good waccybaccy, as it's not nice hearing of folk losing as much money, as they are here.

I wish you all the very best Sir. . . 🫡

"2 months momentum". Sadly, this was at a higher price two months ago! Ocado is looking pretty bleak from both a Balance Sheet and Technicals perspective. . .🥺

This Company is a shambles and needs to go on a Road Show to 'spread the word'. It's pretty friendless these days. . . .

July 17th and they will need to be sparkling, or this will be hammered much further down . . .

Wisdom1234 - Yes, Ocado has its work cut out, but I don't think it's quite as 'dramatic' as that! The 'heady share price days' were a one-off and are pretty much gone for good, I grant you.

But I do think that £5 could be achievable, if they deliver the numbers - and deliver them rapido; as the wider Market is very Bearish on this stock . . . ATB

The big problem is that the BoD can promise this and that BUT the 'Balance Sheet' is what it is. And that ain't good. July is a big month for Ocado. Yes, it is 'only' the Half Year results, but that will be all that's required; for the Market to take a view. . . .

Https://www.asktraders.com/analysis/tesco-shares-leading-supermarket-sector-we-take-a-closer-look-tsco-sbry-mks-ocdo/

We will know for sure in July with the Half Year Results. Nowhere to hide then. It will either be delivering or it won't be. The run-up to mid July will be interesting too, as the traditionally slower FTSE Summer Trading Months fast approach. . . .

I mentioned only yesterday how bad the Balance Sheet is and here today, is what Wall St think:-

"Zooming in on the latest balance sheet data, we can see that Ocado Group had liabilities of £831.3m due within 12 months and liabilities of £2.15bn due beyond that. Offsetting these obligations, it had cash of UK£732.5m as well as receivables valued at UK£153.5m due within 12 months. So it has liabilities totalling £2.10bn more than its cash and near-term receivables, combined. This deficit is considerable relative to its market capitalization of £2.15bn, so it does suggest shareholders should keep an eye on Ocado Group's use of debt. This suggests shareholders would be heavily diluted if the company needed to shore up its balance sheet in a hurry. The balance sheet is clearly the area to focus on when you are analysing debt. But ultimately the future profitability of the business will decide if Ocado Group can strengthen its balance sheet over time. . . . . Quite frankly we think the balance sheet is far from match-fit, although it could be improved with time. Another cause for caution is that it bled £131m in negative free cash flow over the last twelve months. So, in short, it's a really risky stock." END

They've really closed that Spread right down; It was far too big before; that's more like it. . .

Looks to me as though yesterdays' rise, was todays' news. Unless of course, it picks up speed this afternoon! 🫡

I'm with you Boyobach. It's going to be a very long road back for Ocado. It's Balance Sheet is horrid and its next set of results will need to be absolutely sparkling. No more broken promises or "again, we nearly achieved what we said we would achieve" - or the Market will take the share price much lower.

'If' its results are 'sparkling' then I can see £5 next year. . . maybe

Another great Contract a win for FTC. Not huge, but it's name will be gaining wider traction, each time they do announce these wins. Bravo Filtronic Plc! 🏆

Just looks like it's itching to move on up to c.£1.35p.

Going Great Guns this one. . . ATB