Member Info for waccybaccy

Wrong! Russia trades with the US although it does have broad ranging sanctions. It does more trade with Russia than Syria, and Syria *is* on the tariff list.

https://www.bbc.co.uk/news/articles/cdjl3k1we8vo

The link does not work.

Yep, this share is clearly going to the dogs. :-D

Copy and pasted from my 3rd March posts:

Here are Ocado's patents:

https://worldwide.espacenet.com/patent/search?q=ocado%20innovation

There's one missing which was filed by plain old Ocado Ltd in the early days and the earliest filed was in 2012. I plotted a graph of patents against time and they seem to be increasing the rate of filing suggesting more innovation or making the company look better for takeover.

https://imgur.com/mG258RO

This shows the cumulative number of patents vs date. Additionally, some random clicking shows that Ocado is indeed paying the maintenance fee for "many" of the patents.

God it's like Ocado over here. Sentiment rollercoaster.

I'm very confident long term too however it's annoying to see a short term sentiment-based variation in the price (IMO).

What are the bad news rumours? I have totally missed them.

Just bought £149.88 of shares.

"New contracts coming" LOL!!!!!!!!!!!!!!!!!

Show me your evidence.

It's an absolute joke isn't it? Rewarded for doing f-all.

"The increase was mainly driven by a rise in the CEO’s assignment incentive pay"

What is "assignment incentive"?

IMO, if Ocado succeeds, it will totally succeed and take a big chunk of the other supermarkets' business. In that case it will reach £20 again.

On the other hand, if it runs out of money next year then the answer is no.

Glad to see you have become self-aware and escaped your existence as a bot, Valueplay. :-)

Yes, maybe he was reading AquarianAge's post about the lack of director buys. :-D

What are the limitations on when the directors can purchase shares? TBH they've had low share prices for quite some time so I imagine they would have had an opportunity to buy during that time and they haven't.

Ocado is skirting around my lower limit now. Been underwater on this far too long!

Ooops. Please swap 3rd and 4th paragraphs.

Much appreciate the post AquarianAge - very useful - facts not grumbling!

You have to wonder if Ocado runs out of money what would happen with so many customers around the world dependent on them. Would they club together to buy the remnants of Ocado?

Completely subjective, but I believe we are so close to an inflection point with Ocado given the wage inflation of late. I wish I had the optimism of Lingotto and can't help thinking they know something I don't.

Presumably when you sign a contract for a CFC there must be a protection clause in case Ocado goes bust. I wish I knew what it said. Anyone know how that would work out?

Sadly not, mostly whining/pumping/dumping posts. Thanks for the link.

@AquarianAge Lingotto are certainly underwater however they averaged down by buying another massive chunk recently. They have faith but I wonder if it is just faith or backed by some greater knowledge of potential Ocado customers in the pipeline.

The cash burn is the big worry. IIRC in the recent investor presentation they were asked what the minimum they could tolerate was. Apparently their creditors said £500m while they themselves don't expect to go below £600m before profitability starts.

All IMO and DYOR etc etc.

damn, the chinese are so forward looking. same thing happened with bacanora lithium with western companies not giving an **** about strategic assets like these.

Or you might for instance put this another way, namely.... "WE'RE DDOOOOOOOOMMEDD!!!!" (must be said in style of Private Fraser from Dad's Army to be effective).

WE'RE DOOOOOOOMED!!!!

I hope this post was a really useful contribution for long term holders, hedge fund managers and large asset managers.