The story this month: -1200 Jobs, new warehouse (Huge expansion) - Pepsi deal (Growing as a Global brand) - Markle style dress (Great publicity) - State of the high street (Online sales taking over) - Fantastic marketing (Collaborations etc) :-)
Like said earlier, shows BOO cementing itself as a global brand! :) A �2.10+ close is a real possibility.
I suspect a swift move towards �2.20 now there has been a close above �2 on great volume!. Lots of positive things coming out that should hopefully start filtering into the price :). The tie up with Pepsi IMO is a huge one. BOO becoming a truly global brand. Add that to the stellar set of results in April.
Fantastic news on the Pepsi link up! :)
NCAP news on DMS would be very welcome!. Truth is, Artificial Intelligence and Machine learning stocks in general are going to be the big winners entering the 2020s IMO. Especially high quality AI stocks like SEE which are market leaders in their area and have years of transferable data. In SEEs case, into Emotion/Sensing and Understanding AI. A takeover offer from someone in silicon valley, is always a possibility. https://www.cbinsights.com/research/top-acquirers-ai-startups-ma-timeline/
Second point. The market cap is now over �100m. Things have come a long way since 2015. The share price is only a small part of the picture.
Let me ask you a question Haveagooday. Do you worry about your house when the price goes down? Do you watch it's price every single day?. This is an investment in a Business. No stock is just a ticker. Easy to forget that.
Opinions make a market eh, and you picked a favorable time to comment so congratulations. Sure, right now I can't be certain but what I will say is everything you have said about Ocado is negative and for months...fair play. Yesterday though, there were positives in there and it can sometimes only take a few for a company so shorted to turn around...as we all know, its a crowded exit, or should that be..entrance. Peace out :)
You two ever comment elsewhere?..Cos you only ever seem to be around the OCDO board. I personally have these marked down as hitting £3 fairly soon. I'd be nervous if i were either of you with 18% short and the jigsaw starting complete, evidenced by the revenue growth and rising profits. We all know what can happen very quickly. Be careful! :)
Yeah, definitely! the fundamentals are otherwise still really strong.
The Pre-tax profit was a major let down, falling from £5.2m to £3.2m as well as the new EPS of just 3.2p for the 6 months. Sure there were lots of positives in there, the dividend etc but against those two figures its struggled to hold up.....Very disappointing.
Been watching this today and really liking the look of it. Chart looks to be setting up for a good move I feel!
Agree 100% Jux Anyway... Redcar MP Anna Turley, who was on the visit, said: "We had a positive tour around, we got to speak to a lot of the workforce and we got to see a lot of people who were very positive about the brand.
True tidd and that's true as well. But given his position and if he did decide to... then having these locked away as treasury shares would make them technically cheaper than if they were bought from shareholders.
I was thinking this the other day that if MA did decide to take SPD of the market, Wouldn't it mean he technically would have avoided having to pay a shareholder premium on all this bought back stock as they already belong to the business and so any difference would end up back in his pocket?. That would be a huge chunk of cheap stock already stored using cash reserves to build a stake (without openly saying it) at a very low price whilst using technically free borrowed money + the benefit of avoiding that premium on the chunk. Either way...Right now SPD is like a game of chess. Every day is quite perplexing! Agree with you Chicken, totally unpredictable.
Chicken I know it may seem a stretch, but it did hit £3.50 just the other week. £3.70 is where I'll be looking at as Its where the 200 day sits right now, so a week close above the 100 day would definitely imply it as a next target. Either way be interesting to see where it goes over the next few weeks :)!
Yeah, same again!. now also looking for a day close above the 20 day. Agree on £3 being a big area, think £3 and below look pretty safe though because of the support from the buy back and given the return that just happened. I'm then watching the 100 day at £3.18ish. Its not had an end of week close above since near the beginning of the downtrend in Sept 2015, so going to be quite a big deal!. Looking back, it tried on Fri 09 Sept but failed. I think if its over £3.18 next Friday, would then be looking back at around £3.70ish Mid term.
Agree with your comments yesterday. Was also looking at the £2.92-2.93 (50 Day moving average) which it kept bouncing back from initially! Lot more confident on the direction now with the end of week close above. Overall the drop to 2.80s this week looks like a bear trap, be interesting to watch on Monday.
Same thing as the other week. Another massive trade in there this time for 2M shares and at about the same price £2.85ish. Last week I thought it could be SPD's buy back but given the RNS releases always seem to be around 200k shares a day, wonder who it is?.
I'm thinking over the 50 day moving average at 291.34 at least. Looks like its going to hold.