We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Ocado Group Plc | OCDO | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 5.60 | 1.60% | 355.60 | 16:35:25 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 352.00 | 350.70 | 378.90 | 355.60 | 350.00 |
| Industry Sector |
|---|
| FOOD & DRUG RETAILERS |
| Top Posts |
|---|
Posted at 22/4/2024 07:07 by stutes A cosy dinner - the decision to dump London should have been made years ago. London is too small and very conservative compared to USA. |
Posted at 06/4/2024 08:33 by qantas Ocado investors urged to vote against proposed £14.8mn share awardPlease do your own research as always and follow FCA guidelines. |
Posted at 29/2/2024 14:08 by darrin1471 I think M&S will take the other 50% before the end of the decade. It makes sense for both sides. OCDO will want the best price and M&S will want to pay as little as possible. M&S are undergoing an expensive store upgrade and may need to issue more stock to pay for the other 50%. It is going to be hard to persuade M&S investors to pay more for the other 50% if the first 50% is only breakeven at best.Also of note in the results is the possible legal dispute over the £160m final payment for the first 50%. Ocado appear to be looking for money they have not earned by changing the "target". As with the AutoStore settlement, I think OCDO will be looking for an overall settlement where M&S take 100% of Ocado Retail and both companies can be happy. |
Posted at 29/2/2024 13:48 by dealy Based on the lack of gain and lack of volume: neither the friendly CPI data nor the improved results have been considered by investors |
Posted at 29/2/2024 12:59 by darrin1471 I think the following taken from the results is an important change:"Deconsolidation of Ocado Retail Ocado Group plc and M&S are both joint equal shareholders of Ocado Retail Limited. At present the results of Ocado Retail Limited are consolidated into the results of Ocado Group plc as Ocado Group plc are deemed to be the controlling shareholder via certain tie-breaking rights. Our current intention is to give up those tie-breaking rights to M&S in early April 2025. There will be no change in the economic interest of both shareholders in Ocado Retail Limited, or any consideration paid by M&S, as a result of this proposed change. After giving up the tie-breaking rights to M&S, we expect that the results of Ocado Retail Limited will cease to be consolidated into the results of Ocado Group plc and will instead be equity accounted for as an investment from this point onwards. From this point, M&S would have the right to consolidate the results of Ocado Retail Limited pursuant to the terms of the original Shareholder Agreement signed in August 2019 when the Joint Venture was formed." So my reading of the above is that the revenue/profits/loss Ocado will become Technology Solutions and Ocado Logistics. Ocado will become a technology plc resulting in more investor focus on Technology Solutions growth and profits. What would the current FY results look like if you removed Ocado retail from them? |
Posted at 29/2/2024 08:36 by dealy disappointing reaction, but then again, there are no investors in the UK. |
Posted at 26/2/2024 13:59 by stutes Time for the Board to look at the share price and the need for additional capital. Is the only option is for Ocado to put itself up for sale? How many City institutional investors are under water with past capital raising by Ocado? |
Posted at 07/1/2024 12:58 by nielsc QANTAS,Happy New Year.Investing can be a dangerous game, short or long. Buying Ocado a couple of years back at above £20 would have lost investors money too.The full year update will show more cash burn and reduced cash at hand. Ocado will have to raise money in some form this year. Cheers,Niels |
Posted at 28/12/2023 09:15 by ny boy Low holiday volumes, better gauge with be after kids are back in School and traders, institutional investors back ready to place bets |
Posted at 02/11/2023 12:41 by qantas In equity markets, online supermarket Ocado surged to the top of the FTSE 100. Russ Mould, investment director at AJ Bell, said: "The true test of how investors are feeling is to look at Ocado's share price. If it is rising, there is a good chance that investors are in a risk-on mood; if it is falling then investors are feeling cautious.Please do your own research as always. |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
