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Well, I'm out. This has become an unnecessary distraction to my shares that are actually doing okay!
If you can't pay "critical" suppliers you are gone. This is just the latest of several red flags for this share for me.
I originally got into this as a result of a user by the name of Pdub whose posts I read and seemed convincing. Oh how I was wrong!
Good luck to you all!
KAAANNNN!!!!
Apologies to Gene Roddenberry.
Can you explain more how things are lining up?
Glad to see that "Ocado now exceeds its Board Diversity objective for female representation". Good job Ocado!
You realise this decrease is off the back of the lame Christmas results? Until Ocado shows some more successes (or even, dare I say it, profit), it will drift along bobbing up and down at this level IMO.
If a deal gets done, presumably it will be at the lowest possible share price, i.e. as close to the deadline as possible. Is my thinking on this correct?
Commiserations to those unable to find the "Filter" button on this page and need an excuse to cause drama and leave the forum.
Jesus, talk about amateur hour.
Exactly, Ocado is still massively up (by normal FTSE 100 standards). Such an easy share to short though, especially with the crap Christmas results. I see this descending below 500 in the short term, no problems.
Thanks, I just see it has gone back down to 0.07%. Never saw that effect before.
How is the spread so massive? 14%!!!
Is that historically normal for Ocado?
No, I wouldn't bother topping up now. Best to ride it out IMO.
Total items is up 4.8% year on year. Ocado needs a 100/75 = 1.33x increase in total items to reach capacity. Although maybe optimal capacity is not 100%, but just below, I'll assume 100% for the following...
1.048^years = 1.33
years = log(1.33)/log(1.048)
So it will take 6 years for Ocado to reach capacity at its current growth rate, assuming capacity is proportional to total number of items delivered.
Also, given food inflation, the 4% basket value increase is very lacklustre. I would say if anything it represents a real decrease in basket value. Love Hannah Gibson's statement about "strong momentum". Time for a career change into comedy?
The story of a company posting good (but not amazing results) and the share price dropping due to profit-takers is an age old one. The drop was no surprise to me.
@marc001 I have to agree, the AIM has been a disaster. How is it that my NASDAQ and FTSE100 investments have done sooo much better than the AIM ones? Once I'm out of the AIM I'll never get back in.
And shame on the rampers and "ooh just check out this share, I hear it's going to the moon" people.
DONVANVLIET1/bertram
There is a button that says "Filters" on it just above the thread of messages. Click on it and enter the username of anyone you feel is being disruptive.
Once you do this, their posts no longer show up. It means you can frequent the message board and be blissfully unaware of these characters. It will save you time and trouble and it takes about 10 seconds to do. And it means you won't be put off by the messaging board.
Trust me, it works brilliantly.
Surprised no one has brought this up: this incident happened a day or two after Boeing requested an FAA exemption to allow a dodgy deicing system on a slightly different version of the 737 MAX:
https://www.seattletimes.com/business/boeing-aerospace/boeing-wants-faa-to-exempt-max-7-from-safety-rules-to-get-it-in-the-air/
By even mentioning that character of the message boards, you encourage him and also remind people of his presence. Don't do this. You are feeding the troll.
I block him and see none of his posts. Stop polluting the board with meta-messages about him.
Back to the topic. I'm not invested here yet but watch with interest. The whole Drahi saga is fascinating. I just can't decide whether his need to get cash for Altice will cause a share rise or decrease short/medium term. Also, I don't see any majorly positive markers apart from the tax relief that went into the budget recently for full-expensing. We also have the excitement of the overcharging for mobile contracts scandal.
What to do, what to do....
15 LIVES, of course there are exceptions to the rule but from personal experience the AIM has been useless for the 10 or so companies I invested in (okay, 2 did alright). I have made *much* more on the US market and FTSE than anything on AIM. I recommend all retail investors to avoid AIM at all costs.
If institutions want to spend cash on AIM then their problem is much smaller if they lose their cash than man-on-the-street losing his. They are free to support new companies.
I wasn't referring to any particular company, but it riles me up when I see the cross-posting, tempting people to destruction.
Couldn't agree more about the AIM. Absolute sh it show. Really pi sses me off when people pump/cross-promote other shares that are on the AIM on sensible company forums.