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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Ocado Group Plc | OCDO | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| -9.20 | -2.54% | 353.10 | 16:35:19 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 364.40 | 350.00 | 368.20 | 353.10 | 362.30 |
| Industry Sector |
|---|
| FOOD & DRUG RETAILERS |
| Top Posts |
|---|
Posted at 11/4/2024 08:22 by topazfrenzy Poor Whites, stuck with his 75% losses at PFC but too in love with that POS stock that he is waiting to lose the lotOCDO will be back at 800 this year, a close to 100% return for me so happy to wait lol |
Posted at 10/4/2024 15:49 by whites123 Blame the US, blame requirement for funding, Blame AI.I blame Topazfrenzy... :-) :-) He spent ages spamming small caps claiming great buy in opportunity etc only to sell out claiming losses would be mitigated elsewhere. Then tried same with medium sized caps, with the same result. Now tries the same with OCDO. I like OCDO, but the laughs this desperate share hopper provides by buying high and selling low is so comical I just had to comment. If you see Topaz on your forum and he is saying "Buy" then close down and come back another day... LOL... LOL... He will move on once his 20% loss has been realised. Good Ol Topaz... Always generates a laugh |
Posted at 28/3/2024 09:25 by fuji99 Regadless of what some people may think or say, we will find out the real direction of OCDO within 3 months, just before summer. I am convinced this is a defensive play with a superbe business model - without even taking into account its robotic and fulfilment centres arm. |
Posted at 26/3/2024 10:07 by topazfrenzy Morningstar has a fair value of 920p per share for OCDO and this was in January, before this latest update |
Posted at 19/3/2024 15:57 by fuji99 Successful migration of OCDO business systems to Oracle Fusion Cloud Enterprise Resource Management (ERP) and Oracle Fusion Cloud. |
Posted at 18/3/2024 09:38 by fuji99 I think the IT Outages that occurred recently at both, TESCO's and Sainbury's are a great lesson to learn from. OCDO has now fully migrated its main business systems into Oracle Cloud.IMO it will definitely expand quickly into other on-line distribution businesses such as auto parts, medicines/pharmas etc as it has now the most modern platform for on-line shopping, backed by its AI fulfillment centres. Today you can buy almost anything at Ocado website, from food to pets to clothes. Basically an Amazon Replica. |
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 28/2/2024 16:12 by darrin1471 fuji99. There are competitor products out there but I agree about the opportunities.OCDO announced last year that they were selling automated fulfilment technology to pharmaceutical wholesaler McKesson in Canada. Many car parts may be to heavy for Ocados current product range. The M&S joint venture, Ocado UK retail, has underperformed and the final installment from M&S is up for renegotiation. M&S should be a buyer for the other 50% of Ocado UK at some point. I think M&S and OCDO would fall on the news of a sale but both would benefit from the sale. Just watching Ocado at the moment. |
Posted at 19/2/2024 08:48 by fuji99 The real precursor for strong growth is its expansion to other sectors outside food. With only a few partners in Europe and the US, it is already making £2.5 billion. OCDO could grow exponentially if it enters other sectors for distribution such as pharmas, car parts, clothes etc. Its AI platform for efficiency and speed is unique.From Goldman on non-food potential: this is very interesting if OCDO can fully expand to other industries as it now starts doing: "This comes after Ocado announced its first non-food automated distribution contract deal with pharmacy firm McKesson Canada in November. “If Ocado is able to deliver this [...] without significant delay, cost overruns, or integration obstacles, we believe it is unlikely that McKesson will eventually only order one facility,” the bank said in a note. “Instead, it is likely to automate further parts of the fulfilment network.” Deals to distribute on behalf of fashion retailers and automotive parts suppliers also present opportunities for Ocado, according to Goldman, with these likely to require less capital commitment than grocery agreements, regardless of being worth less." |
Posted at 31/1/2024 10:46 by stutes hxxps://www.grocerygOcdo needs to address M&S and Kroger issues. I remain of the view the CEO should be replaced with those with a proven track record. Ocdo knew when to call it a day in the above investment- shareholders need to see a better future for Ocado. |
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