Jump to content

Ocado


Guest Tonyever

Recommended Posts

Guest Tonyever

Still mystified at the dragnet appeal of Ocado at these levels, there’s obviously huge work for little profit at huge relentless expense. On every level it’s crazy?

Link to comment
  • 1 month later...
Guest IGSam

Hi , thought I'd add to your post on what is one of the most shorted UK stocks

 

In the year to 3 Dec 2017, Ocado reported a pre-tax loss. Costs developing IT systems and automating warehouses weighed on profits (-£0.5m versus £12.2m profit the previous year)

 

But they have announced a string of partnerships; French supermarket Group Casino, Sobeys of Canada + another unnamed

 

Shareholders will hope these will allow Ocado to slowly start to turn a profit... Ocado have said they expect earnings to rise significantly in 2019

 

However since the tweet below went (semi) viral in January the share price is up nearly 50%!

 

Ocado tweet.png

 

For those who are still as sceptical about the business model as they were at the turn of the year, this in theory makes the company an even more attractive short, right?

 

Ocado.PNG

 

Interestingly, the percentage of its shares on loan to short sellers has fallen to 7.9% from 13.5% back in January

 

Do we think there has been some profit taking by the sceptics or have the winds changed and sentiment about the long-term earnings potential improved?

Link to comment
  • 1 month later...

Its one of the hardest stocks to call. Some people felt as a grocer it was over valued. However, it is starting to be regarded as a tech business. and perhaps rightly so, after seeing this video:

 

"Ocado's new warehouse has thousands of robots zooming around a grid system to pack groceries. The thousands of robots can process 65,000 orders every week. They communicate on a 4G network to avoid bumping into each other. Is this the future of retail?"

Link to comment

Archived

This topic is now archived and is closed to further replies.

  • General Statistics

    • Total Topics
      23,635
    • Total Posts
      97,041
    • Total Members
      44,194
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    AKadri
    Joined 06/12/23 14:47
  • Posts

    • Johnson & Johnson, Elliott Wave Technical Analysis Johnson & Johnson, (JNJ:NYSE): 4h Chart 6 December 23 JNJ Stock Market Analysis: We changed the count to a bullish scenario. At this stage we are looking for upside in either a wave 3 or C that seems to be unfolding as expected. Looking for 5 waves within wave 3/C. JNJ Elliott Wave Count: Wave (iii) of {iii}.   JNJ Technical Indicators: Above all averages. JNJ Trading Strategy: Looking for longs into wave 3.   TradingLounge Analyst: Alessio Barretta           Johnson & Johnson, JNJ: 1-hour Chart 6 December 23 Johnson & Johnson, Elliott Wave Technical Analysis JNJ Stock Market Analysis: Looking for a sideways consolidation into wave (iv) to then continue higher as we seem to be finding support on 158$. Upside target for wave {iii} stands at 161.5 as we have 2.618 of {iii} vs. {i}. JNJ Elliott Wave count:  Wave (iv) of {iii} JNJ Technical Indicators: Above all averages. JNJ Trading Strategy: Looking for longs into wave (v).    
    • EURUSD Elliott Wave Analysis Trading Lounge Day  Chart, 6 December 23 Euro/U.S.Dollar(EURUSD) Day Chart EURUSD Elliott Wave Technical Analysis Function:  Counter Trend Mode: impulsive as A   Structure:blue wave 2 of A Position: Y of wave 2/B Direction Next lower Degrees: blue wave 3 of A   Details:After blue wave 1 now blue wave 2 as a correction started  . Wave Cancel invalid level: 1.10192 The "EURUSD Elliott Wave Analysis Trading Lounge Day Chart" for 6 December 23, delves into the Euro/U.S. Dollar (EURUSD) pair within a daily timeframe, employing Elliott Wave analysis to provide traders with a comprehensive view of market dynamics. Identified as a "Counter Trend" analysis, the focus is on potential reversals against the prevailing market trend. This is crucial for traders aiming to capitalize on corrective movements or trend changes. The analysis characterizes the current market "Mode" as "impulsive as A," signifying that the observed price action is impulsive and falls within the context of an A-wave in the Elliott Wave structure. Impulsive movements are typically strong and directional, often marking the initiation of a new trend. The primary "Structure" is labeled as "blue wave 2 of A," detailing the current phase within the Elliott Wave framework. Understanding the wave structure is fundamental for traders to gauge the market's position in the broader cycle. The specified "Position" is denoted as "Y of wave 2/B," indicating the current wave count within the larger degree of correction. This level of detail assists traders in comprehending the intricacies of the ongoing correction. The directional guidance for "Next Lower Degrees" is projected as "blue wave 3 of A," suggesting an anticipation of the next impulsive wave within the overarching correction. This information is valuable for traders seeking alignment with the expected market direction. In terms of "Details," the analysis notes that "After blue wave 1, now blue wave 2 as a correction started." This informs traders that the market is currently undergoing a corrective phase following the completion of the first impulsive wave. The "Wave Cancel invalid level" is identified as "1.10192," serving as a critical threshold. If the market reaches this level, it would invalidate the current wave count, prompting a reconsideration of the prevailing market conditions. To summarize, the EURUSD Elliott Wave Analysis for the day chart on 6 December 23, presents a counter-trend impulsive movement labeled as "wave 2 of A." The analysis provides insights into the wave structure, position, expected next wave, and a crucial level for potential wave cancellation.    
×
×
  • Create New...
us