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Share Name Share Symbol Market Type Share ISIN Share Description
Ocado Group Plc LSE:OCDO London Ordinary Share GB00B3MBS747 ORD 2P
  Price Change % Change Share Price Shares Traded Last Trade
  -6.00 -0.21% 2,819.00 1,298,868 16:35:16
Bid Price Offer Price High Price Low Price Open Price
2,812.00 2,816.00 2,863.00 2,771.00 2,827.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Food & Drug Retailers 1,756.60 -211.80 -29.37 21,081
Last Trade Time Trade Type Trade Size Trade Price Currency
18:43:16 O 2,149 2,819.00 GBX

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Date Time Title Posts
27/9/202011:09The most overvalued stock on the LSE841
18/8/202010:23*** Ocado ***9,738
16/8/201911:03Buy towards 300p with Ocado (OCDO)1
17/5/201809:09*** Ocado charts ***4
09/9/201418:03Back to 300p support-

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DateSubject
27/9/2020
09:20
Ocado Daily Update: Ocado Group Plc is listed in the Food & Drug Retailers sector of the London Stock Exchange with ticker OCDO. The last closing price for Ocado was 2,825p.
Ocado Group Plc has a 4 week average price of 2,259p and a 12 week average price of 1,950p.
The 1 year high share price is 2,900.50p while the 1 year low share price is currently 994.80p.
There are currently 747,802,831 shares in issue and the average daily traded volume is 3,180,577 shares. The market capitalisation of Ocado Group Plc is £21,080,561,805.89.
27/9/2020
11:09
waldron: THE MOTELY FOOL Should investors buy into the Ocado share price ahead of a second lockdown? Rupert Hargreaves | Sunday, 27th September, 2020 | As the coronavirus crisis continues, speculation is growing that the government could announce a second national lockdown to control the spread. This could have significant implications for the stock market, although some companies would fare better than others. The Ocado (LSE: OCDO) share price is one investment that may produce large returns for investors in the event of a second wave. Is the Ocado share price undervalued? Many investors, including myself, may recoil at buying Ocado shares at current levels. Indeed, the stock looks highly overvalued right now. The company as a whole is worth over £22bn, but it is not profitable. And analysts don’t expect this to change. They’re forecasting losses for at least the next two years. However, despite Ocado’s losses, the company’s top line is exploding. Revenue is projected to hit £2.3bn in 2020, up from £1.7bn in 2019. It will hit £2.6bn by 2021 according to current projections. A second lockdown could help the business beat these forecasts. In the second quarter of 2020, demand for Ocado’s services surged as customers flocked to the company’s online offering. Demand was so high that the business had to stop taking on new customers. This time around, Ocado may be better prepared. The business has hired thousands of new staff and knows what to expect. A second lockdown may lead more customers to the company. These new customers may stay with the group rather than returning to old providers. Investor rewards Considering the company’s growing importance in the UK grocery market, I think the Ocado share price could be an excellent long-term investment. As more and more customers rely on the business to provide their weekly shop, the group’s profit margins should increase thanks to economies of scale. As such, while analysts might not be expecting any profits from the business in the next two years, in the medium term, I reckon Ocado has the potential to become a highly profitable enterprise. That’s without considering the group’s technology. Ocado’s robotic warehouses are in demand. The coronavirus crisis has made it clear that retailers cannot always rely on humans. This could accelerate the demand for the firm’s technology in the years ahead. As other retailers around the world rush to automate their supply chains, the Ocado share price may benefit. The bottom line All in all, the combination of the company’s grocery business, and its technological expertise, seem to suggest that the outlook for Ocado shares is bright. As the company continues to capture market share in the UK grocery market, it should benefit from economies of scale, which could drive profit growth in the medium term. At the same time, rising demand for the company’s technology may provide much-needed cash flow to help the business’s drive for growth here in the UK. I reckon these tailwinds will help drive the Ocado share price higher.
18/9/2020
10:32
rochdae: I also have an exit point around £35 which I think will come on the next big international deal. Not bad from 70p. Then time to find the next ocdo for the ride up. I said this was going much higher on the reaction to the trading statement. Even if you don't believe in the company some basic trading indicators can be useful. Missed out on nearly 400 points. Some unfortunately even shorted it on the news.. As for bubbles etc. Ocdo is a 20 year old company with a rising share price for the last 8 years. I don't think that's a bubble. Nor the wider indexes. Ftse 100 below where it was 20 years ago. Taking into account inflation it's about 30% below where it was in 1998. Great time to buy imo.. Roch
26/8/2020
11:22
londondj1: The future is what drives and fuels the share price. The share price is the acid test of Ocado. It's there for anyone with real conviction to short but of course few do nowadays. There are huge potential profits for the leaders of online grocery. They have the most profitable online grocery solution in the market and this makes Ocado so valuable and scalable.
26/8/2020
11:11
imastu pidgitaswell: I am not talking about their share price, as I detailed yesterday. I wish you all well with it. (And I said c£18 billion - as the share price moves, the value changes. Duh.) I am talking about a justification for it - all I keep seeing is people stating what they think is a justification with facts that are simply wrong. Do you still believe they make a profit on each of their deliveries, and that they reinvest that profit, and that that is the basis of why they are worth £18.7 billion, regardless of their 2 decades of losses? Or is it just qualitative momentum chasing that is driving it, fuelled by cheerleading from the likes of Goldman Sachs et al? I think it is the latter. I know it is not the former.
26/8/2020
07:31
londondj1: Key to me regarding significant further moves upwards in the OCDO share price are any moves into what Citigroup term “adjacent non-food solutions". They have just doubled their price target as they see good potential in that area for Ocado. What does anyone think likely "adjacent non-food solutions" are for Ocado to move into? (Disregarding Ocado's vertical farming investment) They've mastered online grocery delivery and it's huge complexity. Delivering fragile, short expiry goods at different temperatures whilst minimizing food waste and utilizing robotics to the maximum to achieve a margin positive solution. This knowledge is very transferable and management have shown that they are always willing to look outside the box. Any ideas? Of course they could improve the easy challenge of improving efficiency of clothes, books, other non perishables. I'm thinking about more ambitious areas of growth.... Cheers!
25/8/2020
13:46
rochdae: imastu, So why have M&S signed up with ocdo. What do they see that you can't? Why did they spend 750 million? Why are Amazon spending billions on a similar system to ocdo if they can never make a profit. And an inferior system from what I can tell? Why has the share price gone from 30p to 2500p in just 8 years? Why do you refuse to follow your reasoning and short? Lot's of questions for you to answer as a trader and investor ... Roch
25/8/2020
09:47
londondj1: Roch, Agree with your points above. Key to me regarding a significant move upwards in the OCDO share price is any moves into what Citigroup term “adjacent non-food solutions". They have just doubled their price target as they see good potential in that area for Ocado. What do you, or anyone else, think likely "adjacent non-food solutions" are for Ocado to move into? Ocado have shown they've mastered online grocery delivery and it's huge complexity. Delivering fragile, short expiry goods at different temperatures whilst minimizing food waste and utilizing robotics to the maximum to achieve a margin positive solution. This knowledge is very transferable and management have shown that they are always willing to look outside the box. Any ideas? Of course they could improve the easy challenge of improving efficiency of clothes, books, other non perishables. I'm thinking about more ambitious areas of growth.... Cheers!
06/8/2020
20:39
nielsc: Riddlers,Well done on your profit. You have to bank some of it if you haven't already.Ocado's share price will come down at some point unless they miraculously become very profitable. When is the question. Their share price has done well in the bull market up until covid-19 and then exceptionally well.The stock market will turn in the next year imo. At that point Ocado will not be a stock market darling anymore.Until this point good luck with your holding.Cheers,Niels
23/6/2020
11:31
madbadtrader: Yep, just the fools (like me) who think this is grossly overvalued... Excerpt from Motley Fool: ------------------------------------ ... Top-line results are impressive. Annual revenues for the group have grown by an average of 11% for the last four years. A trend that looks set to continue. But the bottom line is atrocious. Ocado sank to a net loss of £221m last year, and doesn’t look like it’s going to break even any time soon. Ocado’s retail division accounted for over 90% of total group sales last year. Retail operating margins of just 1.3% mean that the bulk of the company contributes little to profits. Instead, the Ocado share price is completely reliant on how well its technology solutions division performs. These solutions have so far been sold to nine clients (one of which is Ocado Retail). Management has estimated the total fee opportunity to be at least £3.5bn. Would I buy into the Ocado share price? With a market capitalisation of over £14bn and ballooning losses, I think the Ocado share price is pretty much pricing-in perfection. Based on its current earnings and book value, I don’t think it’s worth more than a billion pounds. But Ocado’s share price is based on what investors think it will be worth in the future. If everything goes right, then Ocado could become the UK’s Amazon. The group is already planning to pivot into other industries. But for every Amazon, there are thousands of smaller companies that don’t make it. For me, there are considerable downside risks. Anything other than perfect execution of its strategy and there’s only one way this share is going. I’d much prefer to invest in something stable and predictable. Sticking with grocery, Morrisons shares are a fraction of the cost. Its market capitalisation is just £4.5bn, but with that you get £348m in net profit and a book value of £4.5bn. To me it’s a no-brainer. ------------------------------------ https://www.fool.co.uk/investing/2020/06/23/the-ocado-share-price-has-rocketed-is-it-worth-buying-now/ What's interesting is the 'Retail operating margins of just 1.3%', and, 'share price is completely reliant on how well its technology solutions division performs', yet the licensing is based on getting 3-5% of the retail profits from it's clients CFCs. If operating margins in Retail are so small it is going to take a long time for Ocado to make money considering the large Capex/Opex and enormous debt it will be servicing.
17/6/2020
10:59
madbadtrader: From Motley Fool: ---------------------------- An overvalued FTSE 100 stock There’s no doubt that Ocado has profited during the pandemic. With many people stuck at home, the online supermarket has become essential. This was reflected in its Q1 results and its current share price. But the FTSE 100 stock is now very expensive and I feel that it will decline as the crisis mentality fades. There are a few fundamental metrics that show Ocado is overvalued. Firstly, it has a price-to-book ratio of 13, which is significantly more than the industry average of around 4. Ocado has also been unprofitable over the past three years. This means that its current share price is currently based on speculation. Another indication of its overvaluation is its recent decision to complete an equity placing. This was done to add extra cash to the balance sheet. But it could also be seen as the FTSE 100 firm capitalising on its high share price, perhaps in expectations of a drop in the coming months. As a result, I would stay away from this stock for the time being. ---------------------------- As I said before, why would they have a fund raise just before results and why fund raise now when they have so much cash in the bank? Obviously they are expecting the share price to fall (off a cliff?) - so must be something in the accounts they think the city are not going to like. Heed the warning signs!!
Ocado share price data is direct from the London Stock Exchange
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