Inflation coming in slightly Cooler in the US |
Cpi jump there. |
Ocado Stock Still Undervalued After Latest Share Price BounceMorningstar maintains its fair value estimate for Ocado after the release of its positive trading updateOcadoWe maintain our 920p per share fair value estimate for no-moat Ocado Retail OCDO after the firm's trading statement for the 13 weeks to Dec. 1, 2024 was in line with our expectations |
Good day Mr qantas |
Ocado Stock Still Undervalued After Latest Share... | Morningstar https://search.app/B2Z4J3yemoM1P8ks6 |
New price target 778 pence
Peel Hunt echoed the view, reiterating a ‘buy’ rating and 778p share price target for the online supermarket’s grocery technology-focused parent, Ocado Group.
“We remain bullish on the long-term prospects of Ocado,” Peel Hunt said, as shares surged 11.8% to 301.9p after Tuesday’s update.
Ocado shares surge after online grocer reports record-breaking year |
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Never in a million years will this company get back the money that has been ploughed in since day one.
The only beneficiaries are directors selling their free shares
This looks like the biggest Ponzi Scheme of all time to me |
Sentiment has changed - time to catch up |
A huge amount of forward selling today
Looks like a raise higher than i thought
2.50 / 2.60
The market has been kind ! |
Mr. Moon So pleased to you you onboard. |
Why are you so bothered about the CEO the share price is the price.
The CEO doesn't make the price the markets do. |
Today's trading update gives shareholders with a candidate to replace the Group CEO. |
So there we have it told us to already expect another good day 27th feb |
The company said expectations for further growth at Ocado Retail will be provided at the Ocado Group full year results on 27 February 2025.In the mid-term the company is targeting a high mid-single digit adjusted EBITDA (earnings before interest, taxation, depreciation, and amortisation) margin.EXPERT VIEWRuss Mould, investment director at AJ Bell said: 'Ocado's retail joint venture with Marks & Spencer finally seems to have cracked the recipe for success. There are significantly more customers and they're shopping more frequently. This performance should settle some nerves at Marks & Spencer given relationships have been fragile between the two partners. The key challenge is to sustain this momentum. |
Wonder if we had any short closures today?! The recent 3 increases certainly worse timing ever and deservedly well burnt. |
Ocado Group PLC on Tuesday said it is confident to continue "market-leading" sales growth and volume momentum in the coming year.We should rerate to 400 fairly swiftly. First target 330 |
UK really is priced in to go bust. Hope Ocado relist in US |
No mention of the fund raising / right issue as yet, but its coming !!
Ocado delivering the positive news first and then the bad news follows..........lol |
 to £3,000 cashback.Open a SIPP todayCapital at risk. Offer ends 31 Jan 2025. Min deposit £10,000. Terms and fees apply.There are strong signs that Ocado Group OCDO10.74% is emerging as the fastest-growing UK grocer, following a focus on its selling prices which is having the desired effect of changing perceptions. The joint venture with Marks & Spencer Group MKS0.03% provides the main slug of revenues, and so this update provides a strong base as Ocado attempts to reverse some of the significant damage which the Technology Solutions business has wrought on the group as a whole.The figures are undeniably strong to that end, with 17.5% growth in retail revenues during the 13 weeks to 1 December to £715.8 million, total items increasing by 17% to 271.6 million, average orders per week climbing by 16.9% to 476,000 and active customers now totalling 1.12 million following a further 12.1% hike.This bolsters the numbers for the year as a whole, with similarly strong growth across the piece in the 52 week period, including 13.9% and 12.9% growth in total items and revenues respectively. Record levels of sales over the Christmas period underline the positive trajectory which the retail business is enjoying, which bodes well for overall group numbers. |
Rerate not retrace. |
Shares can go up as well as down. I hope it makes you an happier person, no reason why it shouldn't retrace to around 400p in next week or so. And then results kick on again. |
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