Dona Ferentes
A little bit OC⚡DC
- Joined
- 11 January 2016
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Inclined to think there is an acclivity, banking on it.I think verce is pretty keen on this..
Inclined to think there is an acclivity, banking on it.I think verce is pretty keen on this..
I did some research online, and I came across this Annual Report, released June 2020 (very recently), by French mass-market retail Group "Groupe Casino"
https://www.groupe-casino.fr/wp-content/uploads/2020/06/RapportActivite_Casino_2019_EN.pdf
https://en.wikipedia.org/wiki/Groupe_Casino
As an historical player in mass-market retail in France, the Group also started to grow internationally at the end of the 90s. It acquired GPA and Grupo Éxito in 1999, major companies in mass-market retail in Brazil and in Colombia.
Casino Group operates across all food and non-food formats: hypermarkets, supermarkets, convenience stores, discount stores and wholesale stores. Other than the eponymous "Géant Casino" and "Casino Supermarchés", Casino Group owns other brands such as Monoprix, Franprix, Leader Price, Cdiscount, Vival, Spar, Sherpa and Le Petit Casino
They have ~226,606 employees worldwide, of which ~75,449 are in France.
Casino Group is the source of many innovations such as the first distributor's brand in 1901, the first self-service store in 1948 or even the display of a sell-by date on consumer products in 1959.
A historic player in French retailing since 1898, the Casino Group is one of the world leaders in food retailing with more than 12,200 stores worldwide, located in France, Latin America and the Indian Ocean and a turnover of 37.8 billion euro.
Anyway, if you look at page 40-43 on their recent Annual Report, we see some commentary from Shekel Brainweigh:
View attachment 105969
View attachment 105970
This seems very positive to me - to be specifically mentioned in the Annual Report of a European giant with a proven track record of innovation and technology adoption (and billions of Euro in revenue each year). Could this be the first of many more autonomous stores? Keen to hear what others think.
Well, you sold me.
In at 0.18 this morning.
You've got until the EOM... show me the shekels.
The only visible sell offer was 0.185 when I purchased, which was my limit, however I averaged 0.18
So, there's a seller "rewarding" buyers by slow release mechanism.
Was nice to find and a reminder that all is not as it seems on the surface.
In this case, it like a nice friendly pod of dolphins, frolicking and having fun. Another animal instinct analogy...
Remember Flipper? I brushed Flippers "teeth" when around 5 years old...
Not much volume going through. Makes it hard to accumulate a meaningful position.
My post was in response to Dona.
@verce . found a chart or copied a chart?A new chart I found with the following commentary:
View attachment 107810
“9c flagpole with a 19.5c breakout point giving a 28/29 cent target”
@tech/a can you provide any further insight?
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