Member Info for Smokinjoe03

Seems we finally have upward momentum, how it ever was pushed sub £1, I'll never understand, it's no wonder some UK tech companies considering moving to the States to be listed....June 6th is the date when this company loses its IPO protection and can be snapped UP by predators

Never..mmmm, but I think you right on this occasion, just OLeary doing his best to bring down Airline stocks today, he is honest though tbf

Excellent piece on YouTube called Illumina vs Oxford Nanopore | Long-read hacking by Bad Genome

Always a good sign, adding to the big director buys last month.

This becomes a more interesting share at the end of the month when the no takeover protection the company put in place since IPO launch (to enable company to mature without cheap takeover) ends...making them in my book a target for the likesif Illumina who faked a long reads process, but it's not in same league as Oxford long reads

Agreed and it's the likes of Clive Black driving UK companies stateside.

It's not as though the tech investment isn't showing decent revenues (over £400m forecast for 24), the UK commentators have zero understanding or patience with tech, hence why more are listing elsewhere

The beauty about shorts is when they close (usually on adverse news to their position) they have the reverse effect on the price as they did on the way down, so I'm happy to have the shorters, who should be nervous at this low price!

Also added couldn't resist

Well let's hope we never see 90s again, trying to consolidate above £1, patience is key, I've a strong feeling we will look back on this price in shock it was ever this low

Very positive news today on market share growth, only way is UP from here, can't believe we're still this low.

Have patience and you will be rewarded

At long last this could now have legs and rebound strongly...I agree with board logic, this share would be multiples on Nasdaq

Value, today's trend is the trend for 90% of stocks as market is heavy down, you're a bit desperate with your commentary

Probably very likely now but this is bargain basement territory, I'm very tempted to purchase

Value - these are not results, this is just a trading update and you sir talk nonsense!

This is strong update in tough times, whatever way you try to spin it

Just purchased a tidy amount, I think these are tremendous medium term value at this level and don't expect it to stay down for long.

Short term price drivers, good trading update (eom), more deals especially on non-grocery tech (they indicate several interested parties), good inflation news and positive market conditions

Value - losses came in below market expectations as they invest heavily in CFC's with international partners, which is the future source of growth.

Ocado have said they have now passed the peak of spending and trajectory is now downwards as more CFC's are in operation.

M&S dispute needs to be settled as it looks bad on both parties but not likely until summer I think

Who said its stalling exactly?

Kruger want to fine tune the 8 CFC's they already have before moving to next build phase, what they said very specifically.

No way Kruger plan to stop using they are fully committed and would never have entered agreement otherwise

Totally disagree, I saw nothing about the deal falling apart just FTC objections which was expected and i dont see a failed merger as a positive for Ocado.

Experts still anticipate it will be waved through with possible further concessions, all of which leaves Ocado with a much bigger partner needing additional CFC's

Yes as long as Ocado continue to roll out CFC's, especially for Kroger and as long as they manage finances and do not dilute shares with another fund raising.

Near term I'm hoping for more contracts in non grocery (as seems we in talks with several interested parties) and the Kroger-Albertsons merger would be big lift if it happens, which although still facing hurdles, is expected to happen by experts.

Very odd how many online articles miss one of the big takeaways from results, the new Middle East partner of OSP Panda, extending Ocado global partnerships