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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
  -71.00 -2.75% 2,513.00 3,878,670 16:35:28
Bid Price Offer Price High Price Low Price Open Price
2,510.00 2,511.00 2,595.00 2,490.00 2,583.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Food & Drug Retailers 1,756.60 -211.80 -29.37 18,800
Last Trade Time Trade Type Trade Size Trade Price Currency
18:53:52 O 1,300 2,550.907 GBX

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Date Time Title Posts
14/1/202116:39*** Ocado ***9,745
13/12/202008:41The most overvalued stock on the LSE1,074
16/8/201910:03Buy towards 300p with Ocado (OCDO)1
17/5/201808:09*** Ocado charts ***4
09/9/201417:03Back to 300p support-

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DateSubject
16/1/2021
08:20
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 2,584p.
Ocado Group Plc has a 4 week average price of 2,189p and a 12 week average price of 2,134p.
The 1 year high share price is 2,911p while the 1 year low share price is currently 994.80p.
There are currently 748,114,934 shares in issue and the average daily traded volume is 1,662,665 shares. The market capitalisation of Ocado Group Plc is £18,800,128,291.42.
06/11/2020
16:23
imastu pidgitaswell: Right. I think maybe we both make the mistake of relating share price to profitability for both 'normal' supermarkets and Ocado. It's an odd dynamic when the ones that do make money see their share price static or falling, and the one that doesn't and will not make money sees their share price rise. But is what it is - no need to join in, so I don't. Have a good weekend!
06/11/2020
16:17
londondj1: Yes, the massive share price increase certainly soothes the pain of continually explaining why Ocado is an incredibly successful company month after month on this board. Tesco and Sainsburys have had absolutely huge online growth over the pandemic so far. However their share prices are lower than when the pandemic started. Is that because human store pickers running around their stores filling orders isn't profitable? Ocado shares on the other hand have increased over 130% since the pandemic started and last week increased their Ocado group EBITDA by 50%. The new aquisitions last week will improve their offering further and allow them to move into more markets outside online grocery. Online grocery is extremely complex, different product temperatures, perishables, fragile products etc etc. Ocado have mastered it, Moving into other markets will be straightforward for them given their enormous technology capability and experience. We'll still be here on this board explaining the company in 10 years time though, even with a future quadrupled share price.
12/10/2020
15:40
quokkatech: Too many obsessed with the valuation, its currently the share price that matters, trend and momentum are all working in favour here with no sign of an ending anytime soon, the share price looked oversold last week and now it starts to bounce back once more. If you're waiting for a collapse in the share price you could be waiting a long time
08/10/2020
18:54
nielsc: Rochdae,We will only know if the almost £29 share price was the top in retrospect.2% of groceries in the UK and valued higher than the other grocery retailers. It is fair to say much of its value must be in it's unproven technology.When the share price is a generous £3 we can say that £29 was the top ;-)Cheers,Niels
27/9/2020
10:09
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.
26/8/2020
10:22
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
06:31
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
08:47
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!
23/6/2020
10:31
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
09:59
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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