The Ocado share price is sliding! Is it too late to buy the stock?

first_imgThe Ocado share price is sliding! Is it too late to buy the stock? Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. The Ocado (LSE: OCDO) share price has collapsed over the past few months. After hitting an all-time high of around 2,900p at the beginning of February, the stock has steadily traded lower.It’s currently changing hands at around 1,900p, a decline of nearly 33%. Over the past 12 months, shares in the retail and technology group are down 3% overall. 5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…This price action seems to suggest the company’s time in the sun is over. But past performance should never be used as a guide to future potential.The Ocado share price may be down 33% from its all-time high, but the business is in a stronger financial position than it’s ever been. In fact, over the past year, the company’s fortunes have changed completely.A year of change After spending more than a decade developing its technology, Ocado’s hard work paid off last year when its robotic warehouses proved their worth in the pandemic. These helped its retail business grow substantially, while its competitors struggled to catch up.For example, in the second quarter of 2020, Ocado enjoyed sales growth of 42%, bettering any major UK supermarket. Its market share also increased to 1.7%. Management believes last year helped cement Ocado’s position in the market. Earlier this year, CEO Tim Steiner said that after customers had placed between three to five orders with the group, they stayed with the firm. This implies last year’s customer growth wasn’t a one-off. The company should be able to build on this over the next few years. At the same time, the company may enjoy increased demand for its robotic warehouse technology. Throughout the pandemic, this technology showed that having robots rather than humans in warehouses was more efficient. Ocado share price risks Unfortunately, the company is fighting several potentially devastating lawsuits with AutoStore Technology. The latter argues that its rival has infringed some of its patents. AutoStore says it supplied Ocado with its technology as early as 2012. This technology forms the foundations on which the Ocado Smart Platform was built.These lawsuits are threatening Ocado’s expansion plans in the UK and United States. They could also thwart its plans to sell automated warehouse technology around the world. This is probably the most prominent risk hanging over the stock right now. I think this is the primary reason why the Ocado share price has been sliding over the past few months. It seems to me that investors are becoming concerned about the potential fallout from these lawsuits. I think the market is right to be concerned, but I’m also impressed by the growth of the retail business. As such, I believe the Ocado share price looks attractive after recent declines. However, I’d only buy the stock as a speculative investment until there’s more clarity around the lawsuits. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Enter Your Email Address Our 5 Top Shares for the New “Green Industrial Revolution” Image: IWG Access this special “Green Industrial Revolution” presentation nowcenter_img It was released in November 2020, and make no mistake:It’s happening.The UK Government’s 10-point plan for a new “Green Industrial Revolution.”PriceWaterhouse Coopers believes this trend will cost £400billion……That’s just here in Britain over the next 10 years.Worldwide, the Green Industrial Revolution could be worth TRILLIONS.It’s why I’m urging all investors to read this special presentation carefully, and learn how you can uncover the 5 companies that we believe are poised to profit from this gargantuan trend ahead! Simply click below to discover how you can take advantage of this. Rupert Hargreaves has no position in any of the shares mentioned. The Motley Fool UK has recommended Ocado Group. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Our 6 ‘Best Buys Now’ Shares Rupert Hargreaves | Friday, 18th June, 2021 | More on: OCDO See all posts by Rupert Hargreaveslast_img read more

Could This Photographer Be JonBenet’s Killer?

first_imgAuthorities say there could be a break in the cold-case murder of JonBenet Ramsey after her photographer was recently arrested for child porn.The very age-inappropriate shot of JonBenet Ramsey from her very last photo session is taking on a whole new significance today.The photographer of the photo, Randy Simons, was recently arrested for possessing child pornography, prompting some to wonder whether he could be behind the little girl’s mysterious death.Former Denver District Attorney Craig Silverman said Simons was always a person of interest in JonBenet’s 1996 murder.No one has ever been charged.last_img

Percival Plinth Project Calls for 2017 Sculptures

first_imgFacebook18Tweet0Pin0Submitted by The City of OlympiaThe City of Olympia is seeking up to 15 loaned sculptures from Washington and Oregon state artists for temporary display of up to one year on Percival Landing and for consideration for the Peoples’ Choice purchase award of one sculpture for the City’s public art collection.Percival Landing is a waterfront boardwalk and park that hosts several large maritime-themed events during the year and provides guest moorage for visitors arriving by boat. It is a popular destination for visitors and locals alike. Percival Landing has been recognized as one of 10 Great Places in America by the American Planning Association. More information on the Percival Plinth Project at olympiawa.gov/plinth.Application deadline is March 22, 2017Applications accepted through CallforEntry.orgEach sculpture submitted must be available for exhibition June 2017 – June 2018Artists may submit up to two (2) entries, with two (2) images each.$700 honorarium for 1 year loan of each sculptureUp to $10,000 annual purchase – Peoples’ PrizeNew works will be celebrated with a public event, kicking-off one month of public voting for the Peoples’ Prizelast_img read more

Jim Hughson selected as recipient for Foster Hewitt Award

first_imgFORT ST. JOHN, B.C. – Fort St. John native Jim Hughson has been selected as a recipient for the Foster Hewitt Award.Selected by the NHL Broadcasters’ Association, Hughson is best known for his play-by-play work with the Vancouver Canucks and “Hockey Night in Canada,” and is receiving this award for his outstanding contributions as a hockey broadcaster.Born and raised in Fort St. John, Hughson got his first broadcasting job at a local radio station in the 1970s, broadcasting games for the South Peace Hockey League, and eventually worked his way to become a play-by-play announcer for various roles within National Hockey which included broadcasting games three and four of the 1982 Stanley Cup Finals between the Vancouver Canucks and the New York Islanders.- Advertisement -Hughson then moved on to take on the role as play-by-play for the Toronto Maple Leafs and then for the Canucks.For a time, Hughson was also a commentator for the Montreal Expos and then for the Toronto Blue Jays. Hughson called for the Jays’ ’92 and ’93 Division Championship series.Chuck Kaiton, President of the NHL Broadcasters’ Association, says Hughson is an excellent choice as a recipient for the award as he has been an exemplary broadcaster on both the local and national levels.Advertisement “Jim Hughson has been an exemplary broadcaster on both the local and national levels for many years since his days with Vancouver Canucks. Jim is an excellent broadcaster and a very deserving recipient of the Foster Hewitt Memorial Award.”Hughson will be honoured at the Hockey Hall of Fame NHL Media Awards Luncheon in Toronto on November 18, 2019.last_img read more

Loreto Letterkenny hosts it Christmas Trade Fair today

first_imgThe annual Loreto Secondary School Christmas Trade Fair takes place today (Tues.)Students at the Letterkenny school have spent weeks on their small businesses and they will be selling their goods at the Fair.The Fair takes place from 9.30am until 1pm in the school’s gym and everyone is welcome. There will also be complimentary tea and coffee and a chance to taste many of the homemade goodies on offer.And if you haven’t had a chance to get those all-important stocking-fillers then you’ll have plenty of goods to choose from at the Fair.Entry is free so see you all there.Loreto Letterkenny hosts it Christmas Trade Fair today was last modified: December 9th, 2019 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:Christmas Trade FairdonegalLoretoSCHOOLlast_img read more

In Kashmir, Rakshaks are a cop’s best friend

first_imgThe contrast couldn’t be more incongruous. Affectionately referred to as ‘Rani’ and ‘Basanti’, there is nothing feminine about the the bullet-proof Rakshaks — specially designed vehicles by Mahindra Defence Systems for crowd control — that the Jammu and Kashmir police increasingly view as saviours amid a rising graph of protests this month.To express their gratitude to the vehicles that keep them safe amid a barrage of stones, grenades and other projectiles, many senior officers have posted pictures of the dented and battered vehicles on the social media after the demonstrations against the rape of a three-year-old girl in Bandipora earlier this month. Senior Superintendent of Police (SSP), Ganderbal, Fayaz Ahmad Lone wrote: “One can understand the quantum of stone pelting we face.” SSP, Shopian, Shailendra Kumar Mishra, administering the most volatile district in south Kashmir, tweeted a picture of his battered but undeterred Rakshak. “Our trophy. It takes stones, bricks, petrol bombs, grenades, live fire, pipes, fruit carts, rods, and what not. The Rakshak vehicle is a true companion of the J&K Police,” he said. Sub-Divisional Police Officer Amran Farooq is among the officers who survived an attack of stone-throwing, thanks to the vehicle’s armoured plating by Plasan Sasa, a variety of steel fabricated in Israel. “It was during the post-Burhan Wani protests in 2016 that my Rakshak was stuck on an interior stretch in Anantnag, with stones raining from all sides. It was evening, the front lamps were damaged. The vehicle took stones for over two hours before we negotiated the huge logs and boulders blocking the road. It stood steady all this while,” he told The Hindu. Introduced in 2008 with just 100 vehicles, the Rakshak was improved after the 2016 street protests. The company claims the vehicle has withstood 41 live fire tests and a grenade explosion underneath it. The J&K police further modified the vehicle to meet local challenges — the head lamps were covered with wire mesh and the five firing ports and small bullet-roof windows were cushioned with fizz bottles and mesh “to recoil the stones thrown”. A fleet of around 50 such vehicles was inducted in 2017 to control situation in south Kashmir. And the department has requisitioned for more. Former Director General of Police (DGP) K. Rajendra said the vehicle has emerged as the life line for the State police in its fight against militants and stone throwers. “Any delay in procurement of such essential equipment will severely dent operational capacity of the J&K Police,” he said.last_img read more

Gilas gold? Perlas looking at SEA Games crown too

first_imgPH billiards team upbeat about gold medal chances in SEA Games PLAY LIST 03:07PH billiards team upbeat about gold medal chances in SEA Games05:25PH boxing team determined to deliver gold medals for PH00:45Onyok Velasco see bright future for PH boxing in Olympics00:50Trending Articles01:35Panelo suggests discounted SEA Games tickets for students02:49World-class track facilities installed at NCC for SEA Games03:04Filipino athletes share their expectations for 2019 SEA Games02:25PH women’s volleyball team motivated to deliver in front of hometown crowd01:27Filipino athletes get grand send-off ahead of SEA Games But head coach Pat Aquino admitted that the schedule—not just their opponents—presents a big stumbling block.“I don’t know about the schedule but it works against us,” said Aquino.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutoutCompetition starts Aug. 20. He said Perlas, which played in the tough Fiba Asia Women’s Cup, will play Singapore, Indonesia and Myanmar in that order.“Then we will take on (title favorite) Thailand the following day. Thailand will be coming from a break going into that game,” Aquino told the Inquirer. LOOK: Venues for 2019 SEA Games MOST READ Typhoon Kammuri accelerates, gains strength en route to PH PH water polo gunning for podium celebration WATCH: Streetboys show off slick dance moves in Vhong Navarro’s wedding Photo by Marc Reyes/INQUIRERIt won’t be just Gilas Pilipinas shooting for a basketball gold in Kuala Lumpur.Perlas Pilipinas, the less-heralded women’s squad, will also go all out for a Southeast Asian Games crown when the biennial meet kicks off next week.ADVERTISEMENT Don’t miss out on the latest news and information. K-pop star Jung Joon-young convicted of gang rape, spycam crimescenter_img Catriona Gray spends Thanksgiving by preparing meals for people with illnesses UPLB exempted from SEA Games class suspension Brace for potentially devastating typhoon approaching PH – NDRRMC LATEST STORIES Read Next SEA Games in Calabarzon safe, secure – Solcom chief The crucial game against the Thais will be at 8:30 p.m. Then the Philippines takes on host Malaysia at 11 a.m. the following day.“Imagine we need to go back to the hotel, it would take time. How much sleep can we get?” said Aquino.Still, team captain Raiza Rose Dy said the team is in high spirits.“Our experience in the Fiba Asia Women’s Cup was a big help, because of world class competition; we got to play against WNBA players,” said Dy. “That is something not experienced by other SEA Games countries.”The Philippines wound up fourth two years ago in the Singapore edition which was dominated by Malaysia.ADVERTISEMENT View commentslast_img read more

10 months agoShevchenko: AC Milan now have right men in charge

first_imgAbout the authorCarlos VolcanoShare the loveHave your say Shevchenko: AC Milan now have right men in chargeby Carlos Volcano10 months agoSend to a friendShare the loveAndriy Shevchenko says former AC Milan teammate Rino Gattuso is the right coach for the club.The former Milan striker admits he’s a fan of Gattuso’s style.The Ukraine coach told Gazzetta dello Sport, “Very good, I like this attitude of the club, there are people who have clear ideas, who do not dance in the periods of difficulty: Leonardo and (Paolo) Maldini are working calmly and competently, Leo and Paolo know the reality better than anyone else, and then there is the blocking of the market: if you can only work on loans, getting back to the top is not easy. “I hope that Milan can continue to work serenely for the ascent. Rino’s support is very important because he is working well, he has given the team a sense of belonging. This is the right man for Milan, and I am happy with the confidence that he is collecting from the club.” last_img read more

7 days ago​Leeds look to increasing capacity at Elland Road to 50,000

first_imgTagsEnglish ChampionshipAbout the authorIan FerrisShare the loveHave your say ​Leeds look to increasing capacity at Elland Road to 50,000by Ian Ferris7 days agoSend to a friendShare the loveLeeds United are planning to expand Elland Road stadium to 50,000 if they get promoted to the Premier League, reports, www.sportspromedia.com/.The announcement was made by the club’s managing director, Angus Kinnear, during a civic reception to mark the team’s 100th anniversary.The planned extension will take place on the West Stand, matching the East Stand in terms of height, with Kinnear wanting the venue to “compete with other stadiums in the Premier League and in Europe.”But any move to take Elland Road’s capacity from just over 37,000 to 50,000 is dependent on a top-flight return for Leeds, according to the Yorkshire Post’s Graham Smyth.Last season, they had the second highest average attendance in the Championship with 34,033, second only to eventual playoff winners Aston Villa. last_img read more