Member Info for TomTomTrader

I could be wrong of course, but the language (on Twitter) is incredibly similar to your post on here, back in December: "Can get a live quote to sell 33.5 million. Last time that happened the SP soared to 0.12"

Hobsy ... That's your 47 million "sell" isn't it? 2 hours ago you posted on Twitter "I can get a live quote to sell 47 mill. This is primed to go up very soon. All the signs are there" in response to one of my tweets, and now I see you've deleted it. Strange!

Is that you TheeeeDuke; offloading >50 million shares? It's not Nick Slater, apparently. I guess we'll have to wait for the TR1 RNS in the next day or so....

It's worth remembering that Ocado's single largest shareholders is Jorn Rausing - from one of the world's richest family dynasties (TetraPak). He now owns just under 9% of the entire issued share capital (>483 million shares), and has been a regular buyer over the past few years. He is also a NED. His close relationship with the senior management team stretches back many years.

Clearly, you haven't kept abreast of the updates. Investment in new CFCs has slowed markedly, as (guaranteed) licence revenues from international clients accelerates. This massive change in dynamics will see Ocado achieve break-even in the next 2 years; even less if they can strike more deals such as the recently announced McKesson one. Management have been very prudent with cash (current CFO is ex-Rolls Royce and is very sharp on cash preservation), and are only now entering the trade show arena. First exhibition in Las Vegas was very well received (by NAM media and potential customers alike) and the next one in Atlanta is expected to be as successful.

Key focus with international clients is to get them to adopt Ocado's latest technologies and ways of working. If this happens quicker than forecast, you can expect to see a sharp increase in the sp in the short to medium term.

The joint venture with Marks & Spencer will return to profitability sooner than most people think IMHO. Again, investment in new buildings has been slowed dramatically, to allow existing CFC warehouse to improve capacity. Cash preservation is working well.

Also, this (shorthand for some of the other long reads)

https://twitter.com/JiesenPendulum/status/1755593704688214428

They're certainly ramping up the whole Nabla story now, which suggests some big developments on the horizon. Like some on this forum, however, I won't hold my breath because we've been led to the brink numerous times before!

Hearing very encouraging sounds that Ocado are hitting the trade shows in USA in a big way. Just completed a very successful show at Manifest 2024 in Las Vegas; one of the largest international shows for Automatic Storage and Retrieval Systems, where they stole the show with their incredible set-up (covering OSP and OIA technologies). See link to YouTube video (from 2:20 onwards). Next Show Modex 2024 in Atlanta in a few weeks time. https://www.youtube.com/watch?v=puoKMMefYP8

It was a year ago (on 3 September 2021) that SAG withdrew their offer for TPG. What's the betting we'll see a RNS on Mon 5 September with either: a revised offer; directorate change; major sell out (by M&G or Cannacord); or increased holding by SAG?

I've been charting this recently and notice it's about to break through its 4-year downtrend, so started to dig deeper with my research, including a look at chat forums like this. But before reading your take down of Nikhil Ghamdhi, I had already discovered that the current Chair is none other than Jeremy Warner-Allen, who was on the BoD of TPG while it was being used as a personal cash till for the ousted CEO. Not only was JW-A as useless as a chocolate fireguard at TPG, but if you search on Google, he has form for not fully disclosing his shares in broker Cenkos (The Times, 26 Dec 2014). The MPL BoD seems as dodgy as a fairground operator's management team. I will watch from the sidelines, and be grateful that proper research has probably saved me a couple of limbs!!