Member Info for Valueplay

The new bondholders are interested because Ocado are paying them 10.5% annual interest. More high value borrowing by Ocado to pay off the continued cash burn..

Share price dropping off the back of the new bond issue. Obvious that Ocado do not foresee a new contract being signed imminently or new Kroger CFCs being ordered in the short term. If they did they would have carried out the bond sale after that point.

Straightforward to remain short here as the share price drops further.

It'll be a red day, onwards and downwards!

"Let them burn". lol

Looking good for tomorrow...

There is a lack of support. Market has seen through the over bought RNS where some of Kroger's CFCs are to be updated. No news on any new Ocado CFCs orders from them..

Longs post more when share is rising, shorts post more when share price is falling.

Obviously....

The share price will slide down into the £3s over time. This mini bubble will deflate..

'Kroger Co placed an order for a range of new automated technologies." - Does not mean ordering new cfcs. Kroger are merely updating some of their existing CFCs.

Those commitments were made years ago. Still no news on any new CFCs being commissioned by Kroger . No new CFCs commissioned over the last 1.5years. The wait goes on...

That sentence is not a commitment from Kroger to ordering future CFCs from Ocado. It's simply saying were they to order....

There is no commitment from Kroger to further Ocado CFCs in that RNS..

No news of further CFCs being ordered. RNS outlines some of Kroger's CFCs will be updated, not all. Not big news imo.

Happy to remain short.

Absolutely, this is why I raised the point. Noone knows the details of the fee structure for each client. To say those fees are inflation linked is guesswork (see start of thread), we do not know..

"our model's prediction was out by 0.63%."

Pretty obvious you work for Ocado. Nice try re supporting the management docs. No sign of the actual contract details/fees, which of course Ocado do not publish..

I've researched Ocado group for over 10 years. The details and fees of their Ocado Solutions contracts are confidential. Unless you can supply me a copy of the contracts for each partner? Management presentations of course are spun towards the positive..

Management have stated that the details and fees of their Ocado Solutions contracts are confidential.

Ocado do not release the details of their contracts/ fees agreement with partners.

Of course all shorts will be derided. It's the same across all the other boards. Longs like to be blinkered into focussing only on cheering their share upwards, reiterating management presentations without critical analysis etc.

Going short should be a tactic that's utilized more by PIs. Once you are in the long only straightjacket then you can't capitalize on great opportunities as overbought, flawed companies slide in value.

Lol justfencing,

I've been short for 2.5 years. Seen so many bubbles. It's a contrary view to yourself. For me it's been very successful. Of course I get it, shorts are rarely popular on these boards. It's a shame as shorting is an excellent, profitable tool for PIs to use when the conditions ate right