Member Info for waccybaccy

Flow batteries are certainly the future for grid storage. Their re-usability makes them second to none if you actually want to recycle the materials when you've finished! Lithium just goes in the bin at the moment as far as I am aware.

Are we expecting a big rise on 2nd August as people buy to get the dividend?

Or is this already priced in, and there will be a drop after the dividend is paid?

New to this dividend stuff... Thank you.

This sort of makes sense.... but what happens at the end of this all when they have to buy back shares that they have shorted? Surely they lose massively?

If they bought back their shorts now, in the future they would lose much less money assuming the price went up.

Amateur! I'm in 25p club! :-D

I am deeply pessimistic short term. I think there is going to be some pain tomorrow in the results. Quote me on this!

Wait... Blackrock are long as well? How the heck does that work?

Apologies for my noobiness.

This is a walk in the park compared to July 18th IMO. Looking forward to quoting myself come that day!

On the one hand we have investment funds buying chunks of shares. On the other hand we have the most (?) shorted company of the FTSE.

Can they both be right? They can be if the shorters are expecting a short term drop in share price but with a much longer term positive outlook. Clearly the shorters are still stubbornly holding onto their shorts so it appears that they do not believe the short term drop has occurred yet. I'm holding out until the 18th July results as my prediction is something rather unpleasant will occur then. My guess is that it is some surprise related to the move to Luton. All speculation of course.

No, it isn't going to happen. Amazon will not take over Ocado.

It might (if it's crazy enough) buy Kroger or a stake in Kroger to then allow it to control Ocado.

Exactly QANTAS, the only path to buying Ocado is to buy Kroger first. Kroger's cap is $33B so I'm not sure Amazon can afford that when you consider it will need to pay a premium and of course, but Ocado after buying Kroger.

The shorts seem pretty certain that things will be going downhill. UK food inflation is crazy right now and higher than expected so I can only assume that this will affect Ocado's bottom line badly and that shorts are aiming to close after presumed bad results on July 18th. Just a theory...

Taking this one step further, would it not be a massive mistake by Kroger to have invested in Ocado technology if it could be swept away from them by a larger company like Amazon? I am certain they considered this.

On the other side of the coin, if Amazon were to buy Ocado, you would think they would have to keep supplying grocery tech to their competitor Kroger for X number of years (assuming Kroger had this as part of their contract with Ocado); is this something Amazon would find paletteable?

All my own thoughts and entirely speculation...

Why would Kroger allow Amazon to buy Ocado? Kroger owned 7% of Ocado in 2020. Not sure if that has changed but does that percentage allow a veto over selling Ocado?

Kroger is a direct competitor to Ocado. Reminds me of Nvidia trying to buy Arm.

Nvidia = Amazon

Arm = Ocado

Samsung, Apple etc = Kroger

if you catch my drift

Ocado just uses bog standard RLHF and doesn't have a need for transformer based stuff. It's pretty simple what they are doing; predicting the next shopping bag based off previous ones for a given customer. You can even do this extremely well without AI! Same goes for the management of the robots whose routing can be managed deterministically and indeed that is how it was done at the start.

You clearly have no idea about what AI is and involves! Ocado's magic is in robots. Their AI is extremely simple compared to most other implementations of AI.

My stupid stop loss got me out 2 days ago! :-(

If I was still in, I would definitely be selling today. They say "buy the rumour" but IMO in this case I would sell it!!!

I think him not buying the extra £20k is a positive thing in that it vaguely implies he expects the company to do well because then the rise in share price would be its own reward, rather than cutting and running off with the £175k bonus. Just a guess.

Very nice to see this:

https://www.londonstockexchange.com/news-article/SOLG/tr-1-notification-of-major-holdings/16003292

The Chinese bought out one of my previous "pre-mining" firms (BCN) so maybe that will happen here eventually?

Put back a whole week you say? OMFG!!!!!!

Meant to say "Ocado doesn't have much of a use for it"