Ocado Share Discussion Threads

[darrin1471] 29/5/2024 09:37

Resent jump from lows keeps OCDO within 10% of 4 shares and 20% above St James's Place

[stutes] 29/5/2024 09:36

Demotion from FTSE 100 yet CEO rated as £15m CEO - I think not. I voted against the deal.
If Ocado is relegated then it should be an opportunity for new blood.

[ozzywalker] 29/5/2024 09:03

Well done ozzy looks like you timed your sell right

[stutes] 29/5/2024 08:54

Proactive shareholder market report:

On the FTSE 100, the biggest fallers are Ocado, British Airways owner IAG, and electronics distributor RS Group.

8.08am: FTSE 100 opens lower again
As predicted, the FTSE 100 has moved lower in early trading, falling almost 10 points to 8,244.29 in the first few minutes.

Soon-to-be-demoted Ocado and St James's Place are among the fallers, Anglo American too.

As Ocado is set to be demoted, surely it shows why the CEO should go - low share price, demoted from FTSE 100, number of missteps, lack of revenue from database, exclusivity deals that seem to be one-sided if CFC rollout is stalled by partner.
20 yrs+ running Ocado is long enough - time to appoint a UK's version of Elon Musk or Jeff Bezos: the current Ocado CEO's record is lacklustre in comparison.

[ny boy] 29/5/2024 02:36

Resistance 500p, let’s see if this one finally has some bullish legs to run up.

If a predator is looking, I don’t think they would wait to long with the share price this low 800-900p would be a cheap acquisition but if more than one bidder, final takeout could be over 1000p.

Sitting patiently

[gregpeck7] 28/5/2024 16:21

Cmon Amazon. Make the offer. 900p?

[qantas] 28/5/2024 15:07

There’s an Ocado (share) just for you.

Hello Kitty says Hodl Yoda to infinity and beyond.

Ocado
After JP Morgan amended its price target to 450p on Friday, Ocado had another strong session, gaining over 8%, suggesting that something more material was at play that hadn’t been announced by the company.

Please do your own research as always and follow FCA guidelines.

[ny boy] 28/5/2024 15:00

Deal with Turkish delivery Co. Getir is helping.

[jibba jabber] 28/5/2024 14:56

Long auction going on

[gregpeck7] 28/5/2024 14:51

They have lost 6 million at least here today alone

[gregpeck7] 28/5/2024 14:24

Eyes on Gme. Rumours D1 capital in trouble again there

[gregpeck7] 28/5/2024 13:23

Err they are already massively in this sector!

[bigboots] 28/5/2024 12:40

Rehash of a rumour, not a chance of a bid.

Cannot see Amazon wanting to get into such a low margin sector

[ny boy] 28/5/2024 12:09

Ozzy..when this afternoon or tomorrow at 8am? 🤨

[ozzywalker] 28/5/2024 11:51

I'll be back my friend

[stutes] 28/5/2024 11:43

The up-tick in share price, contrary to jp morgan's 350p valuation, should focus shareholders to wonder if new CEO is appointed, how much more will share price go up?

20yrs and no Tesla- like rating or profit means for me the CEO should go.

[gregpeck7] 28/5/2024 11:37

Shorts are going to lose a fortune

[ny boy] 28/5/2024 11:34

Rumours around again, not sure if it will be Amazon but likely to be a US bidder, huge value increase if they can ditch London and launch on the Nasdaq🤔

This is last years news btw..

Shares in Ocado soared over 40 per cent this morning following speculation that Amazon is eyeing a takeover of its grocery technology business.
The tech giant is reportedly mulling an £8-a-share move, The Times has reported, with Goldman Sachs and JP Morgan said to be acting for the potential bidders.

From last month…


“Ocado is the latest name to be banded around as a potential defector from the UK stock market. Weekend reports suggest certain shareholders want it to switch listing venue to the US, a move that others have made to achieve a higher valuation.

“While Ocado is best known to the UK public for its grocery delivery service, the company’s future lies in the provision of technology and robotic systems to power grocery warehouses. It has a partnership in the US with Kroger, one of America’s largest grocery retailers, and that association could help it appeal to investors in the country.

“Ocado would no doubt dearly love to be seen as a tech company, as that would not only help its aspirations to be a much bigger player in the grocery services industry, but also to get investors to ascribe a different and potentially higher earnings multiple to its stock.

[ny boy] 28/5/2024 09:35

Bye ozzy, see you later in the year at 800p, crying profusely😹🔜⬆ʊ39;↗️⬆️э4;️⬆️⤴ᥧ9;

[ozzywalker] 28/5/2024 09:21

I'm out tvm

[ny boy] 28/5/2024 09:04

Just got to be patient, there have been ample opportunities to add on mini pull backs recently. Eventually value will be recognised, takeover target this year, can’t see them staying this low for too much longer

[gregpeck7] 28/5/2024 08:40

Shorters could lose a fortune here.

[gregpeck7] 28/5/2024 08:04

Shorts on toast today

[qantas] 27/5/2024 18:57

Please do your own research as always and follow FCA guidelines.