Ocado Share Discussion Threads

[throgmortonstreet] 16/9/2024 08:44

Rxactly how does that help Ocado ??

Oh wait it doesn't !!



QANTAS
Member since: 23 Oct 2002............. STEP AWAY FROM THE COMPUTER CLOWN

[qantas] 16/9/2024 08:04

Great news

RBC and BARC raise MKS to 400

[qantas] 16/9/2024 07:57

Did you ask your mum??

[thevladslayer] 16/9/2024 07:13

hammering down

[qantas] 16/9/2024 07:06

Shocking news Troglodyte is a troll direct news

[throgmortonstreet] 16/9/2024 06:14

Sticking to the FACTS, as opposed to all the worthless share ramping on this board:
===================================================================================

Ocado remains one of the most shorted stocks on the London Stock Exchange and the shares are DOWN by 60% over the past 12 months.

Contrast that with shares in Marks & Spencer, which are UP 57% over the same period.

It is also worth remembering that back in June, Ocado shares fell below £3 for the first time since 2017, dropping out of the benchmark FTSE 100 Share Index.

Coincidentally this followed the news that U.S. supermarket chain, Kroger and Canadian grocery retailer, Sobeys had both declined to invest in more new robotic warehouses.

Thursday's Q3 trading statement and update should finally provide an insight into the ongoing frictions relating to the Joint Venture between M&S and Ocado - which M&S previously claimed "had failed to meet performance targets"

[qantas] 14/9/2024 09:06

When Shopify sold 6 River Systems, many assumed Ocado paid pennies on the dollar to acquire the autonomous mobile robot (AMR) maker. Now we know exactly how good of a deal Ocado got.

In its 2023 mid-year financial report, Ocado said it paid just $12.7 million to acquire 6 River Systems. For comparison, Shopify paid $450 million to acquire 6 River Systems in September 2019. Ocado paid roughly 2.8% of what Shopify paid for 6 River.

Ocado said the 6 River business “has a good client list, is debt-free, cash flow positive, and generates positive EBITDA.” I’m no mathematician, but taking a $437.3 million loss can’t be good, even if you’re trying to offload a business that’s no longer part of future plans to cut costs.

Founded in 2015, 6 River Systems builds AMRs for the logistics and non-grocery retail sectors. The AMRs provide automated assistance to human pickers in a warehouse, working collaboratively with them. According to Ocado’s financial report, at press time, 6 Rivers’ Chuck AMRs were deployed in more than 100 warehouses worldwide,
with more than 70 customers.

Based in Massachusetts, 6 River Systems was founded by Rylan Hamilton, Jerome Dubois and Chris Cacioppo, who have deep knowledge of robotics, software and fulfillment operations. Dubois and Hamilton are former employees of Kiva Systems, the well-known AGV maker acquired by Amazon in 2012 for $775 million.

hxxps://www.robotics247.com/article/manifest_2024_ocado_group_announces_deal_to_provide_fulfillment_technology_to_mckesson_canada

[qantas] 13/9/2024 16:26

Shorts going higher at 6.23% or to buy back 51,792,248 shares

[qantas] 13/9/2024 08:52

You may say the same about yourself

The price is the price and you are only talking to myself no one cares what you say just wasting your breath..

Plus they don't get paid.

[ukneonboy] 13/9/2024 08:37

Shame nobody ever warned you share rampers to NEVER TRY TO CATCH A FALLING KNIFE

............... oh but wait......... WE DID !!!

[wololol] 13/9/2024 08:36

Yesterday, Eluney González and I had the pleasure of attending Ocado Retail's Supplier Conference and my key takeaway was this: Ocado is experiencing HUGE growth largely due to its unparalleled range of products, and they are doubling down on supporting #challengerbrands to keep on offering their customers unbeatable choice and innovation! ? Ocado's performance in recent years is a testament to the brilliant leadership of Amit Chitnis, Hannah Gibson and the wider Ocado leadership team. Orders per week are at record levels, and whilst total online grocery is growing at 4.2%, Ocado's growth is more than 3X that, having grown 13.6% YoY ? Simply put, Ocado is the fastest-growing grocer in the fastest-growing grocery retail channel! ?

[thevladslayer] 13/9/2024 07:30

u have an unhealthy interest in nappies


savile weirdo

[qantas] 13/9/2024 07:28

Same old baby talk from lad ask your mum to change your name it is pathetic looser.

thevladslayer

Member since: 31 Jul 2024

[qantas] 13/9/2024 07:08

Wow rent boy is back who next with eggs on face?

Same old pictures on this chat line.

[ukneonboy] 13/9/2024 06:57

IT'S YET MORE BAD NEWS FOR OCADO !!
===================================

Tesco is challenging Ocado with a new e-commerce venture designed to help international supermarket chains build up their online businesses.

Transcend Retail Solutions, a Tesco subsidiary led by Oliver Vogt, provides software and hardware for international grocers to fulfil online orders from their own stores.

Transcend, which also provides consultancy services, signed its first deal with New Zealand's largest food and grocery retailer, FOODSTUFFS NORTH ISLAND, and it is holding talks with other retailers.

Unlike Ocado, Tesco now handles more than ONE MILLION orders per week.

Whilst Ocado can only watch enviously from the sidelines, it recently came to light that two of Ocado's major clients, America's KROGER and Canada's SOBEYS have put the brakes on warehouse openings after the growth in online grocery shopping across North America failed to meet expectations.

[qantas] 13/9/2024 06:32

Troglodyte keeping it up.

Ready to hammer up

[throgmortonstreet] 13/9/2024 06:17

Sticking to the FACTS, as opposed to all the worthless share ramping on this board:
================================================================================

Ocado remains one of the most shorted stocks on the London Stock Exchange and the shares are DOWN by 60% over the past 12 months.

Contrast that with shares in Marks & Spencer, which are UP 57% over the same period.

It is also worth remembering that back in June, Ocado shares fell below £3 for the first time since 2017, dropping out of the benchmark FTSE 100 Share Index.

Coincidentally this followed the news that U.S. supermarket chain, Kroger and Canadian grocery retailer, Sobeys had both declined to invest in more new robotic warehouses.

Thursday's Q3 trading statement and update should finally provide an insight into the ongoing frictions relating to the Joint Venture between M&S and Ocado - which M&S previously claimed "had failed to meet performance targets"