Member Info for Valueplay

ryanf,

Cheers for the apology. There are many different successful trading strategies. You point to the possibility of missing out on spikes up if you dip in and out. Of course the reverse is also true. A share dips down and you can find yourself holding a share for long periods in the determined mindset that you don't want to take a loss. It can quickly create a black hole in a trading account which is filled by the hope/wish of the share price recovering.

One of the driving forces behind my sell yesterday was to generate cash for future investments. In times of market turmoil I like to have some cash on the side to exploit value plays.

Re THG it was always a value play for me rather than a committed belief in the business. I balanced up all the pros and cons and I believed the price to be an enticing opportunity. Personally I am very balanced in my view of THG. There are many negatives, MMs leadership, opaque nature of ingenuity, BlackRock selling half their huge holding quickly at a steep loss recently to name some points.

On the plus side THG is an innovative business, Softbank would have carried out extensive due diligence prior to investing. New variants of Covid should help THG to name some of the positives.

I sold partly because I reevaluated the pros and cons and believed that the market may continue punishing THG for the lack of clarity surrounding it's business.

Only down the line in hindsight will we know whose strategies have been successful. I continue to follow THG closely.

It may be a manufactured drop however as I type Autostore shares are down 6% today so it looks like it's another one of the countless sectoral shifts in investment that Omicron is causing as its impact is reassessed.

It's hard to see how Omicron is negative for Ocado, Ocado still a hold for me.

Best of luck Halma. Ocado share price swaying this way and that in the Omicron market storm. So many things unclear with the new variant currently.

Thanks ocado_ocadont,

That's great news. More articles on this story are below:

"ICA opens highly automated e-commerce warehouse in Stockholm - ICA" https://news.cision.com/se/ica/r/ica-oppnar-hogautomatiserat-e-handel****er-i-stockholm,c3463593

https://retailtechinnovationhub.com/home/2021/12/1/ica-gruppen-opens-ocado-powered-automated-online-groceries-warehouse

It wasn't a broker upgrade Gio. Citigroup had a 2900p price target and buy rating previously. They reiterated that yesterday.

1.76

It's all about that Omicron risk. Currently I believe it will be worse than the market believes. However if I change that view then I will look at the below for example.

Saga - solidly run travel/insurance company with Roger De Haan back on board. Bulk of its travel is cruises which should suffer less from the air bans. Some of the cruises just go around UK waters so are unaffected. Passengers on the cruises have to be vaccinated so there is a good comfort level for the old folk who travel on board. Its been a very profitable share for me in the past.

If Omicron risk in my view escalates then I may look into Justeat/Deliveroo. However I prefer Ocado currently in that sector.

I may reinvest funds in THG. Following with interest future events/announcements..

Ocado is a solid play re Omicron as consumers switch to online grocery delivery and long term borrowing rates fall which helps the financing of Ocados global network of automated distribution centres it is building for its partners.

The airlines are interesting me. As the price falls, opportunity could open up. It's all about assessing the Omicron risk. I'm reading/listening to all that I can so I can make my own judgement.

The stock market has been extremely profitable for me over the years. So many opportunities out there on the FTSE currently.

Best of luck OxfordBull

Best of luck Mando,

There's a lot of potential in THG. You may well be rewarded handsomely if you long hold. Typically I like to long hold too but do bank quick profits sometimes to keep the trading account topped up or cut losses if I am not happy with a shares progress.

My aim since I started trading 25 years ago is to make more correct decisions than wrong ones. So far that's been the case for me. Many very attractive share opportunities are opening up across the FTSE due to Omicron. Very good time I believe to have some cash on the sidelines so opportunities can be taken.

I'm out

Sold at 179p. Small loss having bought at 181p. Could be great potential here but with no more info from management and possible supply chain problems ahead I've taken the loss. Omicron could be to THGs advantage. I will be following closely, may jump in later on.

Best to all.

CITIGROUP RESUMES OCADO WITH 'BUY' - TARGET 2900 PENCE

Wobbles,

The market moving moderna CEO comments came after Asian market close I believe..

When asked how well existing vaccines will work versus omicron Moderna CEO said the below:

“I think it’s going to be a material drop. I just don’t know how much because we need to wait for the data. But all the scientists I’ve talked to?.?.?. are like ‘this is not going to be good’.”

https://www.ft.com/content/27def1b9-b9c8-47a5-8e06-72e432e0838f

Marks could delay buying but as they delay the price of buying out the JV could rise considerably.

One thing this has made clear is that the next Ocado group fundraising which is slated for late 2022 most probably will happen as it is unlikely that Marks and Spencer will buy out Ocado retail before then. A buyout would provide enough funds for Ocado group so a fundraise would not be needed.

"Yes, this issue is effectively closed until May 2024 unless M&S decide to buy the other 50% before then"

Marks may decide to buy but Ocado group may no want to sell and they control the price they put on their half of the JV. Ocados price may be too high.

Thanks for this info chilting. Good spot re the Irish CFC info. Extremely useful. With this we clear up a few things...

Neil's points are part true, part false:

"No bidding auction on 50% Ocado JV with Mks, I think you will find first call is legally written in the agreement.

Agreed, there will be no bidding auction. If any third party buys Ocado groups half of the JV it will be because Marks and Spencers had agreed this should be the case.

Marks and Spencers would be offered the chance to buy if Ocado group wanted to sell their half of the JV. If Marks and Ocado couldn't agree on the price then Ocado group could sell of their half of the Ocado retail JV in an IPO.

"You will also find there is a pre determined methodology for calculating fair value for any sale for either party, and a notice period."

Not true - Ocado is free to set the price it requires if it wants to sell its half of the JV. Yes there are notice periods. Either party cannot sell its half of the JV before May 2024.

If course there are some current palliative care pathways etc. However you are calling for huge swathes of the population to be withheld medical attention.

Lockdowns are to be avoided. Full hospitals are to be even more avoided.

If I knew today that if I needed the hospital there was no help available for me then I would be afraid. And the general public would be in panic..

No government has withheld medical support for the unvaccinated, infirm or elderly.

It's not humane or in any way right.

Will leave it there. You are wanting a world/system that we are currently not in..