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16th of May Q4 - FY24 Trading Update. We shall see what progress this will bring.
At £8 a share WOSG market cap will be only be £1.9B, targeting £3B sales in 2028.
DARK was taken over at £4.5B
Today Darktrace is taken over by Thoma Bravo, after AAL approached by BHP.
I am convinced many UK listed companies will be taken over and WOSG is a top candidate.
Not specific to WOSG. Most stocks are all down today apart from a few pharmas and (AAL approched by BHP.
BHP making an offer for AAL. Is this sector going for consolidation too ... ? I think it will and very soon while shares at at their lowest = Positioning before the economies fully recover .
Agree that holding luxury watches is equal or even better than holding physical gold.
Easier to sell and price depreciation as is in gold is minimal.
For the long term, this could be an excellent hold as owning valuable luxury watches can complement holding physical gold in times of uncertainty. I am a buyer at these low and cheap levels (PE ratio has now reched 6.5).
HTTps://www.grocerygazette.co.uk/2024/04/17/ocado-fastest-growing-online/
Excellent results from TESCO flagging up price presssures easing. Good for the sector.
hTTps://www.bbc.co.uk/news/business-68776913
Excellent results from TESCO today, flagging up price presssures easing. Good and positive for the sector.
hTTps://www.bbc.co.uk/news/business-68776913
Many shorters will end up losing a lot as they did in 2017. A takeover bid will be the killer.
Ocado is now too oversold for what it is delivering and what it can deliver. Sales are steadily growing and its fulfilment centres are also helping a lot. A few years ago, in 2017, it was the most shorted stock in the FTSE. When the situation quickly changed and reversed, the shorts had to close in a panic mode with huge losses. Some funds lost millions. IMO history always repeats itself and it can happen anytime. So I am fully invested on here and for the long run, not for the quick trade as Ocado potential is huge. Just its robotic arm can be adopted for almost every manufactting application.
US expansion will be the key to propel it to new highs:
https://www.dailymail.co.uk/news/article-13243935/Ocado-New-York-robot-delivery-Grocer-deals-Gap-Britains.html
The best example is the microprocessor designer ARM Holdings who used to be the darling of the FTSE 100 (then bought by SoftBank). It preferred to be relisted, not in London, but in NY-Nasdaq. After just a few months its share price jumbed from $50 - $60 to $150 - Now hoovering around $130. Even the European exchanges give more value to their stocks. In London, apart from AZN and maybe one or two, no share crossed £100 mark while . I think London became the shorting place, that's all.
A few examples:
in CAC 40:
Hermès: 2386 euro !!!!
LVMH Moet Hennessy Louis Vuitton: 828 euro
L'Oréal: 432.65 euro
And German Dax
Munich Re: 484 euro
Allianz: 299 euro
Adidas: 223 euro
SAP: 196 euro
Reasons for listing in NY:
hTTs://www.telegraph.co.uk/business/2024/03/27/ocado-marks-and-spencer-new-york-listing-grocery-delivery/
M & S payment should be resolved soon:
hTTps://www.retailgazette.co.uk/blog/2024/03/ocado-ms-payment-row/
Reasons for listing in NYSE:
hTTs://www.telegraph.co.uk/business/2024/03/27/ocado-marks-and-spencer-new-york-listing-grocery-delivery/
M & S payment should also be solved soon:
hTTps://www.retailgazette.co.uk/blog/2024/03/ocado-ms-payment-row/
Asos sales are not growing at all and yet ... Asos is in a very cometitive sector especially with the arrival of Chinese Chein etc. I think OCDO deserves much more than we it is getting today. Its sector is a must have and its efficiency is top class. Hopefully the markets will change their minds very very soon...
Very strange markets. Today Asos where everything was down, where competition from China and everywhere is biting like dog eat dog and where people do not spend as they wish, rose 36p+ or 11%+ ! On here, where OCOD has flagged up eveything positive and growing quarter after quarter, one of the pioneer of on-line food retailing, where people have to spend regardless, is almost breakeven. Very strange indeed.