Member Info for Smokinjoe03

Value - haha waking up a day before results, yes a coincidence of course!

10% down because a broker downgrades, utter nonsense...if I was a sceptic I'd think this was orchestrated lowering!

Let's hope Ocado news tomorrow can shut a few of the shorters and doom mungers back in their box.

Bushey- wouldn't surprise me at all

I'd very much like to see ending of chapters with the marks and spencer final payment on results day, a new non grocery deal would be a bonus and solid growth on revenue and customer numbers, it's going to be very interesting day!

That cork is getting squeezed, it's gonna pop sooooon

The squeeze is ON, momentum building and results day could be a significant turning point, hoping for non grocery deal as well as expected surge in growth and customers!

Stan - so why are we not seeing all other shares up nearly 5%?

Berenberg cuts Oxford Nanopore price target to 282 (350) pence - 'buy'

It wouldn't surprise me to see this keep climbing all the way to when takeover shares and protection ends in early October, thats only 3 months away.

All very interesting and subjective but the fact is all the negatives are largely priced IN, hence the big drops recently and any positive news will generate upward momentum, rapidly too if shorts decide to exit.

As I posted previously I'm expecting new non grocery deal soon, as they were in talks with several companies earlier this year. I also expect growth of both customer base and revenues to be strong

Https://www.marketbeat.com/instant-alerts/lon-ont-reiterated-rating-2024-06-28/

Clearly some hefty buying going on behind scenes as this is really starting to pick up some momentum

Some quite chunky buys being seen today, this price appears to have stirred some into action finally

Probably true but you missed a nought, it's £70m, I'm sure typo but to others reading would think that's not much

Any news of new deal for their non grocery automation, on which they had several ongoing in progress (they reported early this year), would likely blow a lot of these short positions and the chances of them reporting that soon or in July update is 50/50 would say, based on Steiner wanting to get some good news out.

Very relieved to see the strong bounce today, hoping the first of many to get back to a much more realistic valuation based on balance sheet, revenues and future growth potential

Https://za.investing.com/news/company-news/barclays-cuts-oxford-nanopore-stock-target-keeps-overweight-rating-93CH-3205031

YHAL can you explain the 68p logic please? They haold the price equivalent of approx 50p in cash they have and also zero debt.

I agree this is just drifting lower on general indifference towards specific sector.

Incredible price imo for those who can afford to wait at least until EOY.

Interesting article suggesting in last paragraph that Kroger buyout would make sense.

https://www.thetimes.com/business-money/companies/article/ocado-changed-the-food-business-but-will-it-ever-make-money-5jxsv9cls

I've a feeling, Steiner has something up his sleeve after this chaotic week!