Ocado Share Chat (OCDO)

Video, article and interview just released HUGE increase in picking numbers

https://www.packsize.com/case-study/performance-health

Yep there you go Short Europe is quicker than it's UK counter part!!!

https://shorttracker.co.uk/company/GB00B3MBS747/

Unbelievable they're managing to close out when Ocado SP drops

But not showing on Short tracker yet but it's currently updating

Fingers crossed they've reduced another .10%

Yes 2PHEVs, that big pair of trades was picked up on the 15’ trading chart, priced about 392 - ie around 12p above the going rate at the time, with the underlying price steadily recovering from there. Potentially on the way back up now - cracking the 410-415 barrier without visiting the 360’s again would be a good move now. It'll be interesting to see if support at 380/375 holds firmer this time around.

(15’ view: https://invst.ly/16tj4t )

Well it is still a volatile and speculative stock, VP, but the short-term risks either way have been converging.. There’s no doubt that the three month average level has turned upward since late July. The ‘bubble’ to 450 that started that process was very brief, along with the even shorter spike of optimism to 400 last month. Market sentiment has, however, moved more positively, including a vastly different response to this September’s trading statement than last year when it received an immediate hit from 808 to 647 followed by a decline to 451 - a total fall of 44% in a month. Does the market have a better handle on OCDO’s value today? That’s debatable - its track record has hardly been good - but, behaviourally, it appears to be moving closer to some kind of consensus after years of over anticipation and reaction to rumour, with the sp currently spending much less time below that 3 month MA and levelling out about 25p higher than I envisaged a month ago. Yet there’s still enough volatility to make trading it interesting too.

The last couple of years the share price has done really well in the lead up to Christmas.

I’ve got my fingers and toes crossed for something similar this year.

Nobody care that you remain short. Have you tried platform shoes ?

Bought another batch as soon as I saw Value plays post. Only 922. @ 379.50, you can always count on him sprouting off about remaining short after a small drop and he is mostly in time with the price increasing!

Looking like a good buy range again 😇

Someone's just snaffled up nearly 200k in 2 trades at 1.23pm that's around £800 grand @392.40 fudsters have been working hard for their paymasters to get these sort of trades through

My next buy targets 375 / 350 / 335 and any lower

My next sell targets 410 / 425 / 440

Once 400 stabilises it will be time to look to 500s

I’ve been trading this so wonderfully since March

Can’t believe it keeps giving so well 🥳

Trades

343-410 +19.5%

354-430 +21.4%

347-430 +23.9%

346-430 +24.3%

319-410 +28.5%

326-410 +18.5%

Cumulative gain 79.8%

Total fan of what they are doing and will keep buying on lows and hopefully not miss the big rise when it comes but profit is profit 😇

Recent bubble up is deflating. Market turns back to focus on the lack of new CFC partners. More downside to come. I remain short.

Https://www.linkedin.com/posts/ocadogroup_ocadogroup-alcampo-spain-activity-7251506883973234688-9rWK?utm_source=share&utm_medium=member_android

It will be interesting to see the level of the next low, which will indicate whether the inching up of OCDO’s average sp since July (blue = 60 day MA) is set to continue: https://invst.ly/16tbay . The next attempt to capture 400 should stand a good chance if the current pull back is limited, ideally to above 375.

Lower volatility and a steady average increase is what LTH’s should be looking for and could lead to a progressive reduction in shorts.

Https://www.australianmanufacturing.com.au/coles-expands-automated-grocery-ops-with-second-fulfilment-centre/?utm_source=rss&utm_medium=rss&utm_campaign=coles-expands-automated-grocery-ops-with-second-fulfilment-centre

https://supermarketnews.co.nz/global/coles-second-automated-cfc-in-nsw/

https://www.foodanddrinkbusiness.com.au/news/coles-opens-second-fulfilment-centre

All this Media for Coles ans Alcampo CFC launches over the past few weeks is great free promotional marketing for Ocado that must be nibbling at others to get utilising their tech especially the computer vision, robots and AI

Fourteen years from listing is a reasonable test of patience - some would say excessive.

How big is Facebook's market?

How big is Amazon's market?

How big is OCDO's tech market?

Comparisons require a reasonable level of similarity, especially in terms of scale.

There's a fine line between patience and hope but numbers provide a sound basis for calculation of prospects.

OCDO's numbers have been poor, partly due to some management issues (eg failure to achieve the final MKS JV payment and excess capacity like unused legacy systems at Hatfield weighing on internal retail costs but making tech revenue look superficially better than it is). However there are signs that this fundamentally poor overall performance might be turning round, provided Tech starts to pull its weight. This still remains to be seen though: the market has been predictably hesitant at the 400 level and the shorts haven't been shaken off just yet.

"Let's keep this going forum much better for the absence of a certain shorter who only posts on down days!"

That reminds me, Veep was such a good TV show ;-)

Https://youtube.com/shorts/U0r9JX_B6y0?si=cdODJmcks3Q7TxK9

It is a good week for Ocado price-wise - normally it touches 400 and storms down to the mid 300s.

Not really a good week unless we're classing treading water as good. I guess it's better than tanking though.

Bloomin phone buttons

Anyway I've noticed quite a few reactions from Alcampo Portugal perhaps they're next for a CFC

Coles Group senior execs liking the post too hopefully more from them after 2 successful openings from them over the last month

Oh and an unusual like from the Head of Direct Fulfilment Operations for Europe at Amazon Luxembourg here's his profile

https://www.linkedin.com/in/balakrishna-pillai-50b530115?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=android_app

All good stuff for new business hopefully

Does now seem like it was yesterday's Alcampo's Mediia event for the new CFC in Madrid that was taken down by Ocado's website on Monday at least it was something.....looking through the reactions to the Auchan Retail post about the event I've noticed a few r

Price pushing up whilst low volumns of shares are trading, suggest we are running out of traders/lth willing to part ways with their holdings. Doesn't bode well for those still holding short positions and will likely need to pay a premium from here.

IMO they need to do this soon before some good news is announced!

Let's keep this going forum much better for the absence of a certain shorter who only posts on down days!

Fair points guys: Symbotic is not right at the 'picking end' of the chain. However, they are an indicator of automated warehouse systems demand and they aren't doing too well. Many here would prefer to see OCDO identified as a Tech outfit but - up until now - it's the retail performance that has kept it afloat (just) . And some of that success has come at a cost in the price competitive zone. The sp knocked at the 400 door for the second time on Thursday and the odds will shift further in its favour on the third attempt but it's being lifted by retail not tech currently. In the continued absence of net profit the tech side needs to start delivering. Shorts haven't retreated for a week now according to Shorttracker, so they are not unwinding significantly just yet - another indication that the market wants to see results rather than mesmerising robots dancing on a grid.