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No new contracts, many key existing contracts on extended pause re further CFC orders.

More downside to come.. Patient shorts being further rewarded.

Falling back as the latest mini bubble of share price optimism pops.

Lack of new contracts and key existing contracts stalling continues to drive the share price lower..

They say "strong EBITDA growth" However there's no change in guidance here...

Lol increased revenue + orders, average basket size stagnant, same as before. Average item selling price same as before (food inflation rises are being absorbed by the business rather than passed onto the customer) All translates into no change in EBITDA guidance and no mention of Ocado retail finally being profitable.

More downside to come here..

The tech is underperforming. New clients aren't being signed. Key existing clients aren't ordering further CFCs. This coupled with sky high finance costs and high development costs.

Ocado retail isn't making a profit. If it does make a profit at the next results it will most likely be a small one.

More downside to come here...

Continued lack of new contracts, key existing CFC contracts stalled. This against a backdrop of huge development costs and sky high finance costs.

More falls to come ..

You're not understanding. The expansion in orders has been forced as Ocado retail developed huge overcapacity. To drive up orders they reduced prices and contained price rises at less than food inflation costs. This slashed margin. Net effect overall, little change in profitability despite the ramp up in order numbers.

The big news meanwhile is that Ocados tech isn't attracting new customers and key clients aren't commissioning further CFCs. Financing and development costs remain sky high adding huge pressure.

Expanding orders is good business. It's been forced as they have to fill in the huge, costly overexpansion in CFC space, which was very bad business.

The boost in Ocado retail orders is driven in large part by Ocado retail cutting prices in an effort to drive up orders and utilise the large overcapacity they have within their operations as a result of erroneous huge overexpansion. This order boost hasn't though fed through to a profit boost as it's caused a reduction in margins at Ocado retail.

Ocados tech isn't attracting new clients and it isn't driving key partners to order more CFCs. Sobeys, Kroger and Ocado retail have ongoing stops on ordering new CFCs.

This lack of tech demand is a key trend to focus on and capitalise on. Short position remains an obvious move. More profits to come...

Smokin, I believe Kroger will continue to pause the contract. Let's see.. At least you realise the tech side is the absolute key driver for Ocado unlike those who focus on scraps of Ocado retail news..

Still no new contracts, still stalling key contracts, still the share price falls.

More to come..

"yet the business is booming"

Err, no it isn't!!. The tech side is where the vast majority of Ocados values derives from. A crippling lack of new clients for an extended period coupled with key partners halting commissioning further Ocado CFCs is poison for the share price. Sky high tech development and financing costs ongoing.

More of the same to come..

The share price continues to be under severe pressure due to the extended period of lack of new contracts and also the extended period by key partners of pausing further Ocado CFC rollout. This lack of demand for Ocados tech is crippling the share price and will continue to do so.

Further falls to come imo..

This share will continue falling without new tech contracts and whilst key existing tech contracts are stalling....

Lol, Santa, ignore the obvious flaws in this company currently if you want. Ocado has been serving up sacks full of presents to us shorters for a long while now...

Given lack of new contracts, existing key contracts remaining stalled there's every reason for this share to fall further from here..

With the current lack of new contracts and stalling key existing contracts this will continue to fall lower..

Over time I believe shorts will increase. Time will tell again...

Has been another superb year for shorting this stock. Given the ongoing issues at Ocado investing for this share to fall has been an obvious move. More profits to come imo.

Lack of new contracts and stalling existing contracts lead to further share price falls. A key issue that remains unresolved. Ongoing sky high development and financing costs raise pressure further.