06-02-14, 08:23 PM
Watching the TV yesterday some companies posted their end of year (2013) results:
BP (only) made £8.2 billion down from 10billion last year -as a result their share price plummeted. :\
However a company called Ocada seems the way forward. They do the home deliveries for Waitrose & a few supermarkets. In the last 14 years of trading they have never EVER made a profit & yesterday posted a 2013 loss of £14.5 million pounds.
Their share price went up significantly. :eek
Now how the hell is it that a company that makes a profit year in year out e.g BP the shares go down but a company that makes has never made a profit EVER i.e run at a loss in 14years of trading - the shares go up?
Apparently Ocada shares are due to go through the roof exponentially in the next few years as on line trading is going to shut down the high street. So that's where you should put your MIL's money
BP (only) made £8.2 billion down from 10billion last year -as a result their share price plummeted. :\
However a company called Ocada seems the way forward. They do the home deliveries for Waitrose & a few supermarkets. In the last 14 years of trading they have never EVER made a profit & yesterday posted a 2013 loss of £14.5 million pounds.
Their share price went up significantly. :eek
Now how the hell is it that a company that makes a profit year in year out e.g BP the shares go down but a company that makes has never made a profit EVER i.e run at a loss in 14years of trading - the shares go up?
Apparently Ocada shares are due to go through the roof exponentially in the next few years as on line trading is going to shut down the high street. So that's where you should put your MIL's money
Paradox - A bit like paracetamol but different.