||EPS - Basic
||Market Cap (m)
|Food & Drug Retailers
Ocado Share Discussion Threads
Showing 9201 to 9222 of 9225 messages
|You can't beat this BB for sour bears lol, why o why haven't they gone bankrupt yet lol|
|LOL - wish I'd thought of that one.|
|Is that Chapter 11?|
|They're not going anywhere, the next chapter is about to start in fact|
|This will tank big at some point Rocka, just a matter of time.
Trading range of 260-280 in the meantime.|
|Lol same old shorts hoping and praying for a crash, how many years now have you been waiting?|
|Yes this is a real cash-burner. The penny will drop eventually.|
|No idea what earnings will be but taking the cash & external debt movements FCF has been negative £17.7m since August.|
|Wm Morrisons report today. Is this part of the ''margin pressure'' Ocado talks about? ;
During the first half Morrisons started to wholesale to Amazon, with our first delivery towards the end of the period in June. Although it is still very early days, we are pleased with progress and have been broadening the range we supply. We are also developing further potential opportunities for wholesale supply with other customers''|
|No danger here, move along|
|Thx, as I expected|
In the notes:- Gross debt excluding the finance lease payable to MHE JV Co.
|It's not clear from the announcement if the trading statement is quoting external debt or net external debt.
If it is quoting net external debt then that is worrying being the increase from 14.6m to 86.4m but I have a feeling they may be quoting gross external debt so the increase would be from 67.3m to 86.4m.
Still worrying that they are failing to generate any cash. As a negative working capital business they should be getting positive cashflow out of the business growth. If that stalls so does the working capital benefit.
They have 210m facilities but with gross debt of 86.4m, 170.5m finance lease obligations & at least 83.4m negative working capital I wouldn't want to be in the banking syndicate.
The good news is that they always seem to be able to sell the story to fund managers so don't usually have any trouble raising equity no matter how bad their FCF is.|
|Yes quokkatech but the music will stop at some point.|
|Same old comments every qtr but Ocado marches on lol|
|I would hate to not be shorting this right now.|
|External net debt up from 14.6m to 86.4m in 3 months? Wow.
Cash down 4.6m in the same period.
How can such a cash burning machine with increasing pressure on margins hope to survive? Some sort of discounted rights issue I would think.|
|what do you mean|
|no smoke without Amazon prime today??|
|no smoke without|