ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

OCDO Ocado Group Plc

445.90
20.40 (4.79%)
26 Jul 2024 - Closed
Delayed by 15 minutes
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
  20.40 4.79% 445.90 3,849,143 16:35:00
Bid Price Offer Price High Price Low Price Open Price
445.90 446.80 452.10 424.70 424.90
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Misc Retail Stores, Nec 2.83B -314M -0.3838 -11.64 3.48B
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:00 O 98,960 493.95 GBX

Ocado (OCDO) Latest News

Ocado (OCDO) Discussions and Chat

Ocado Forums and Chat

Date Time Title Posts
26/7/202421:28OCADO 2,118
26/7/202416:14Angry shoppers slam OCADO on Trustpilot16
25/7/202420:50Share price 741
24/7/202410:39The most overvalued stock on the LSE1,691
26/3/202409:31Ocado 209

Add a New Thread

Ocado (OCDO) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-07-26 15:43:15493.9598,960488,812.92O
2024-07-26 15:36:42445.80313.37O
2024-07-26 15:36:42445.8028.92O
2024-07-26 15:35:45446.6014.47O
2024-07-26 15:35:44446.60313.40O

Ocado (OCDO) Top Chat Posts

Top Posts
Posted at 26/7/2024 09:20 by Ocado Daily Update
Ocado Group Plc is listed in the Misc Retail Stores, Nec sector of the London Stock Exchange with ticker OCDO. The last closing price for Ocado was 425.50p.
Ocado currently has 818,224,755 shares in issue. The market capitalisation of Ocado is £3,655,828,205.
Ocado has a price to earnings ratio (PE ratio) of -11.64.
This morning OCDO shares opened at 424.90p
Posted at 22/7/2024 19:55 by whites123
I have observed the short positions held on Ocado and anticipate that these positions will soon be closed out due to impending margin calls and declining profitability.

Consider the example of D1 Capital Partners. On March 15th, their short exposure was at 1.35%, and all subsequent increases in their short positions have entered negative territory. Their current exposure stands at 2.24%.

Reviewing historical data, in February, when their short exposure was 1.16%, those positions remained profitable. However, should the share price reach £5, every position initiated since then would turn negative. Furthermore, shorts dating back to October, when the share price was £5.50, would also be unprofitable.

I strongly believe that we will soon see a significant unwinding of these short positions. This could create upward pressure on the stock price, potentially driving it well beyond the levels at which short-term investors are aiming to exit.

It is not unreasonable to suggest that Ocado's share price could exceed £10 in the near future.
Posted at 16/7/2024 16:53 by whites123
Short sellers have been steadily increasing their positions, even as the share price (SP) hovered around £3.00. As a result of today's strong performance and optimistic outlook, these new short positions are now unprofitable. It is likely that short sellers will soon begin to close out their positions. The analyst at Bernstein made an incorrect prediction, as today's share price does not accurately reflect the positive news. It is possible that short sellers are continuing to increase their positions to suppress the rise. However, the share price is expected to increase significantly, and even a small positive development could trigger a substantial upward movement.
Posted at 16/7/2024 08:40 by whites123
The Short Squeeze Phenomenon: Why Ocado’s Shares Could Surge
In the intricate world of financial markets, short selling is a common strategy where investors bet against a company's stock, hoping to profit from a decline in its share price. Recently, Ocado Group, a British online supermarket and technology company, has found itself in the spotlight with a significant amount of its shares being shorted. However, this surge in short interest could ironically set the stage for a share price boom. Here’s why:

Understanding Short Selling and Short Squeeze
Short Selling Explained: Short sellers borrow shares of a stock they believe will decrease in value, sell them at the current market price, and aim to buy them back at a lower price to return to the lender, pocketing the difference. This can be highly profitable if the stock declines as expected. However, it carries unlimited risk if the stock price rises.

Short Squeeze Dynamics: A short squeeze occurs when a heavily shorted stock's price starts to increase, forcing short sellers to buy back shares to cover their positions, further driving up the price. This creates a feedback loop where the rising price forces more short sellers to cover, leading to a rapid and often dramatic price increase.

Ocado’s Short Interest Scenario
Ocado has seen a substantial amount of short interest recently, with many investors betting against the company’s stock. The reasons for this bearish sentiment include:

Competitive Pressures: Ocado operates in the highly competitive online grocery market, facing intense competition from giants like Amazon and traditional supermarkets expanding their online services.

Profitability Concerns: Despite significant investments in technology and logistics, Ocado has struggled to consistently turn a profit, raising concerns among investors about its long-term viability.

Market Volatility: The broader market volatility and economic uncertainties have made Ocado an attractive target for short sellers expecting a downturn in consumer spending.

The Catalyst for a Potential Short Squeeze
Several factors could trigger a short squeeze in Ocado’s shares:

Positive Earnings Surprise: If Ocado reports better-than-expected financial results, it could catch short sellers off guard, forcing them to cover their positions.

Strategic Partnerships or Acquisitions: Announcements of new strategic partnerships, technology advancements, or potential acquisitions could significantly boost investor confidence and share prices.

Market Sentiment Shift: A general shift in market sentiment towards tech-enabled retail companies or a broader market rally could also propel Ocado’s stock upward, triggering a short squeeze.

Implications of a Short Squeeze
A short squeeze can lead to a rapid and substantial increase in a stock’s price. For Ocado, this could have several implications:

Increased Investor Interest: A sharp rise in share price due to a short squeeze could attract more investors, further fueling the price increase.

Improved Market Perception: A successful squeeze could improve market perception of Ocado, portraying it as a resilient and potentially undervalued company.

Enhanced Financial Flexibility: A higher share price can enhance Ocado’s financial flexibility, making it easier to raise capital for further expansion and technological development.

Conclusion
While the significant short interest in Ocado’s shares reflects current market skepticism, it also sets the stage for a potential short squeeze. Positive developments, whether through earnings, strategic moves, or market sentiment shifts, could trigger a rapid increase in the stock’s price, forcing short sellers to cover their positions and amplifying the upward momentum. Investors should keep a close eye on Ocado, as the dynamics of short selling could turn the tide in favor of a share price boom.
Posted at 04/7/2024 08:06 by whites123
"Just ask if Ocado had appointed someone like Bezos where would the company be now in size and share price?"

Possibly the same as where we are now, possibly lower, possibly higher.

One man does not make a company. One man have the vision to create a company but from there on in market forces and thousnads of other influences determine the outcome.

Take today for instance. If Labour win then the markets will react by falling, despite the fact the majority voted for them, but did the majority vote for them? PR would likely dictate not. If Reform score well then the markets will likely fall despite the fact majority may have voted for them (PR), and if the Tories do well then the markets will likely fall expecting more years of pain. BIG money dictates what way the markets will move and rest assured they make money whether its up or down. Sooner or later they will determine that OCDO should rocket, and along with it the CEO collects his bonus and we as shareholders gain by many 100's of %.
You appear to be infatuated with one man.
Posted at 28/6/2024 13:01 by bres1960
The share price is being deliberately driven down to facilitate the company going private, just like IDS was leading up to the current Kretinski bid. Both the IDS CEO & BOD were in cahoots with Kretinski, not once stating a single positive thing about IDS's performance right up to the bid, all the time while the share price was driven down. With Kretinski stepping in a week with his offer, after the massive orchestrated drop in the IDS share price?
Posted at 20/6/2024 14:58 by wunderbar
I’ve been watching this stock for a few months now, aiming to make a purchase c.325-350p. Thought I’d missed the boat when it hit 410p a few weeks ago. However, today’s crash caught my eye and forced me into action much sooner than I had anticipated. My gut instinct is telling me today’s 15% fall is a huge over-reaction for what is essentially a delayed/paused go live date for an automated warehouse [CFC – customer fulfilment centre], planned to be Canadian grocer Sobeys' fourth CFC, originally scheduled to go-live in 2025.

It’s unknown how long this will be delayed but surely doesn’t warrant a fall of this magnitude which has so far wiped off c.£440m from OCDO's market cap. Given that Ocado went on to say its financial guidance for FY24 remains unchanged, along with its target to be cash flow positive in the mid-term, makes it hard to fathom such a sharp fall. Has the market made a mistake and offered up a bargain. Time will tell.

Somewhat annoyingly I tried buying at 290p but trading was suspended due to high volatility, had to wait 4 minutes before trading re-commenced [during which time share price had jumped almost 5%] so ended up buying at 305p. I usually opt for medium/long term hold so looking to double my money at 610p. At this stage I’m setting a timeframe of 2-4 years.

In the time I’ve been writing this post the share price has shot up to 318p, dropped back down to 290p and now 297p, so it’s anyone’s guess where it will settle once short term volatility subsides, but I’d be very happy if it nudged up to c.350p in coming weeks which would give my investment a reasonable buffer against future volatility. However, if it continues tanking I’ll consider topping up c.260-275p, being 10-15% below my initial entry point. Should this occur I will likely revise my exit price and timeframe.
Posted at 20/6/2024 13:50 by stutes
All share options for senior directors should be frozen till the share price reaches £11. No more win-win if the share price falls. Mess up and you pay.
Posted at 28/5/2024 11:43 by stutes
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.
Posted at 15/5/2024 09:04 by stutes
The online grocery tech group wants to launch a scheme under which Steiner could receive a bonus worth up to 1,800% – or an “enhanced multiplier” – of his £824,570 base salary if its share price hits £29.69 in three years' time and other performance targets are met.

Is he really worth 1800 times basic? Why didn't his pay drop say by 1800 times when share price fell from £29? The business growth is tied too much to Kroger - Ocado needs to reduce its business risk/dependency by having other US retailers as clients.
The CEO isn't Ocado and Ocado isn't the CEO - time to appoint a tech CEO for the solutions unit and a retailer
CEO for Ocado Retail. The current CEO has had over 20 yrs to deliver the goods - he needs to go if the strategic goals are to be fully met.
Ocado needs to get away from moving timescales and deliver profitand dividend- cash burn and empire building should be discouraged.
Posted at 01/5/2024 08:50 by stutes
If CEO is awarded shares for a share price north of £29?, surely the corollary is if share price falls below £4 or £3 the share scheme should produce a negative which is then applied to subsequent schemes?

No more to one-sided schemes. Mess up and its a negative and it stays till it is cancelled out.
Ocado share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock