Ocado Share Discussion Threads

[nielsc] 18/7/2023 09:50

I see they are still amortising technology projects. I would have thought this was just paying the developers that develop the code to some extent. Surely the technology wouldn't drop in value.Bottom line is that the net debt has gone up to £900m. More than I expected. You can slice and dice the other numbers, but this is the bottom line.Market looks like they like the Ebitda numbers.I can imagine the short position reducing by a bit more.Cheers,Niels

[leadersoffice] 18/7/2023 08:56

The market likes what they see.

[arja] 18/7/2023 08:41

OCDO certainly looks very good chartwise with maybe about 740 a possible target .

[arja] 18/7/2023 08:26

I notice another tech company "DARK" is up by 20% after good results too .

[ny boy] 18/7/2023 08:22

I’m a buyer on any pull back, this is basically an AI play and there aren’t many in the U.K., hopefully won’t be taken over before the share price has grown a lot higher dyor as usual

[leadersoffice] 18/7/2023 07:50

Let's see what the markets make of it; Any pull back will be bought into in my opinion.

[leadersoffice] 18/7/2023 07:46

Absolutely.... I agree with that

[nielsc] 18/7/2023 07:46

QANTAS,Would it not be better discussing the results than trying to make personal digs, which made no sense anyway.What about the technology solutions growth. It looks good. The D&A increased though. Cheers,Niels

[nielsc] 18/7/2023 07:40

Cureboy,Really and really!Cheers,Niels

[cureboy] 18/7/2023 07:38

What's inflation got to do with revenue? Anyway...I still think a takeover is a high probability.

[qantas] 18/7/2023 07:37

Niel you know what they say if you are in the middle of the road.

[nielsc] 18/7/2023 07:32

Cureboy,I did spot that 9% growth, but that is a bit less than inflation so didn't think it worth commenting on. Basically their revenue is going backwards by a bit in real terms.Cheers,Niels

[nielsc] 18/7/2023 07:29

QANTAS,I can be objective about results based on what market analysts have forecast. These results are worse than what analysts forecast. Doesn't matter if I am long or short.To be honest I would have been impressed if they had hit a £175m loss - that is subjective.Cheers,Niels

[cureboy] 18/7/2023 07:27

Refusing to acknowledge growth in revenue to suit your own agenda, Niels.

[qantas] 18/7/2023 07:25

Niel how would a shorter ever be impressed.

[nielsc] 18/7/2023 07:22

Net debt has increased from £577.1m to £900.7m. Cash burn of £323.6m in half a year. Still too high. At this rate they having 18months of cash left.Loss before tax of £289m. Analysts had been forecasting a £350m loss for the whole of 2023.Let's see what the market makes of this. I'm not impressed.Cheers,Niels

[qantas] 17/7/2023 18:38

Ocado Robots results in the morning,...

Shorts closed.

[arja] 16/7/2023 22:29

just read the article in link you posted but wonder whether OCDO has run out of steam . It says bid from Amazon is unlikely and might mean it will retreat if tussday's results are not better than expected . Goood luck and I hope they are .

[qantas] 14/7/2023 22:14

Shorts going higher at 4.8% or 39,707,940 shares to buy back

Please do your own research as always

[dlewis1] 14/7/2023 12:55

Thanks for that. Appreciated

[arja] 14/7/2023 09:30

morning folks from the cold and rainy English Riviera :) . Profit taking in market today and seems to be the friday blues Qantas . Hope it picks up later but no important figures from USA today