Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.
Strong week for Ocado Group (LON:OCDO) shareholders doesn't alleviate pain of three-year loss
https://simplywall.st/stocks/gb/consumer-retailing/lse-ocdo/ocado-group-shares/news/strong-week-for-ocado-group-lonocdo-shareholders-doesnt-alle
" Ocado Group wasn't profitable in the last twelve months, it is unlikely we'll see a strong correlation between its share price and its earnings per share (EPS). Arguably revenue is our next best option. Generally speaking, companies without profits are expected to grow revenue every year, and at a good clip. Some companies are willing to postpone profitability to grow revenue faster, but in that case one does expect good top-line growth.
Over three years, Ocado Group grew revenue at 10% per year. That's a fairly respectable growth rate. So some shareholders would be frustrated with the compound loss of 19% per year. To be frank we're surprised to see revenue growth and share price growth diverge so strongly. It would be well worth taking a closer look at the company, to determine growth trends (and balance sheet strength). ...."
"A Different Perspective
Investors in Ocado Group had a tough year, with a total loss of 24%, against a market gain of about 6.6%. However, keep in mind that even the best stocks will sometimes underperform the market over a twelve month period. Unfortunately, last year's performance may indicate unresolved challenges, given that it was worse than the annualised loss of 8% over the last half decade. We realise that Baron Rothschild has said investors should "buy when there is blood on the streets", but we caution that investors should first be sure they are buying a high quality business. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Like risks, for instance. Every company has them, and we've spotted 2 warning signs for Ocado Group (of which 1 can't be ignored!) you should know about. "
Looks like Shorters are going to have fun today...
Sp is tanking at every sell just like it had been climbing fast on small buys over the last few days. Looks like MMs are going to trap few peeps. Be careful.
Systematica Investments Limited reduced their short position (reported 3rd July) by -0.09% BUT... D1 Capital Partners Lp increased their short position by +0.09% on the same day! So no overall change in short position.
Ocado Sp has climbed 75% in just last 3-4 weeks from the lows of 340p to high of 630p. You would think shorters would run scared and have closed a significant positions but it still remains stubborn at 6.24% as of 28 June 2023, so what is really driving them? At what point will they think Ocado has turned a page and will close most of the position?
Https://www.cmcmarkets.com/en-gb/news-and-analysis/european-markets-steady-sainsburys-underwhelms
"On the upside, Ocado shares have continued to get a fair wind in the wake of the recent announcement that they have hired Gregor Ulitzka as head of its European solutions business, joining from Amazon. With all the recent stories linking Amazon and Ocado investors appear to be putting two and two together, and perhaps coming up with five. "
I think most shorts started from around 950p so I think they are in profit and will have taken lot of profit so I do not think they are too scared unless the Sp goes back to 950p area which I think will not happen for long time in absence of any great news.
Sainsburys today reported 10% sales rise but the shares are down so Ocado will need to smash the sales target to keep the Sp momentum.
Bit difficult to tell at the moment with various large delayed trades if the big smart money is moving in or moving out quietly?
I guess close of Sp will tell the real story.. Good luck all