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Thanks for responding Retireguy - that clarifies an important point of context in your comments because it seems you aren’t criticising OCDO’s technology (the robotic hardware and software controlling it) so much as the need for it and/or the way it is applied. Those are two very different things. For example, you can have the best ‘state of the art’ robotic system but if it is unsuitable for the task and employed ineffectively then it doesn’t make sense business-wise - which I’m gathering is your main point.
The Netsuite link you provided primarily relates to management system effectiveness not robotics. So, as you didn’t point to a technically better robotic alternative to OCDO I assume that you don’t consider any existing robotics particularly effective in a warehouse application? If I’ve got that wrong then I’d obviously be interested in what robotic supplier you feel delivers a more efficient and effective automated warehouse system and which bits of the OCDO system you are classifying as ‘old tech’ (the operating system, control system or hardware).
Regarding grid based systems: I'm unaware of any system that would not use three dimensional coordinates (a grid) to locate a target within a given storage space. Drones are apparently used in some places for the fairly simple task of inventory monitoring but are not yet, as I understand it, used for picking and lifting large volumes within an enclosed warehouse. I guess this would present some significant additional challenges that have yet to be addressed to function at scale. But I stand to be corrected on that point. ATB
"Retireguy: Regarding your point that Ocdo solutions is a static inflexible solution bathed in old tech…..
In your view, which warehouse systems are using more advanced technologies currently?"
I have mentioned this before - A static grid system is about efficiency.
I see Ocado as being at one end of the efficiency-vs-effectiveness scale which was a fantastic idea when it started. However, ALL recent tech innovation is improving business function MORE at the effectiveness side.
https://www.netsuite.com/portal/resource/articles/financial-management/business-efficiency-vs-effectiveness.shtml
Proof of pudding? - Ocado shares have plummeted
Retireguy: Regarding your point that Ocdo solutions is a static inflexible solution bathed in old tech…..
In your view, which warehouse systems are using more advanced technologies currently?
Let it be made simple for anyone who thinks about buying into this share.
Ocado is no longer an expanding business
Ocado solutions is a static inflexible solution bathed in old tech.
Ocado is no longer gaining new customers, if anything it is LOSING them
The boss of Ocado seems more interested in milking this dying duck, than actually growing it
Ocado is loss making
Ocado doesn't issue dividends
Only an idiot would be buying this share thinking it will soon go back to £10, let alone £28
Absolutely Bayobach.
The focus has to be on where the value lies with this share not deriding other contributors. Happy to have extracted the value short for the last 2 years. Still believe there is some further downside due to current flaws in the company as posted previously.
As always DYOR and look for the profit wherever it may lie.
Resorting to personal comments rather than responding to facts and challenging comments or questions doesn’t contribute to the debate.
If a question is asked and one doesn’t have an answer then acknowledge the point and move on. Arguing about whether someone has ever used the word ‘shallow’ isn’t very enlightening. OCDO has strengths and weaknesses, which smart investors will weigh up for themselves dispassionately.
The sp ultimately depends on fundamentals and business performance, as investors who have held OCDO over the last three years have learned to their cost. Today the sp is more grounded in reality although there still appears to be more ‘jam tomorrow’ embedded in the price than realised profit, which is not good after all these years since IPO. OCDO’s sp still appears to be based on promise rather than tangible value - so it deserves tough scrutiny from both potential and actual investors.
"I have NEVER used the word shallow..."
Err yes you have.. Your quote is below Poker. I understand now why you can't carry out your own research given your memory is fading lol....
"to any one who looks at the detail they have a very shallow sense of analysis behind them"
." Then you get the articulate characters with postings that make them sound all knowing and intelligent but really its just mutton dressed as lamb tripe they post. "
Indeed so...and they carry on as if no one notices
"That's fine but to deride other research houses analysis as shallow is schoolboy stuff. "
ValuePlay
I have NEVER used the word shallow...and as usual you are making up what you want, rather than using what someone has ACTUALLY said
But that is nothing unusual...and the chances of you recognising that fact are ZERO
I always have a good laugh at these boards. You get the obvious ignorant nutters who ramp and deramp posting inane tripe. Then you get the articulate characters with postings that make them sound all knowing and intelligent but really its just mutton dressed as lamb tripe they post. All with obvious agendas.
Why ask for my help regarding your research Poker?
It's obvious you cannot stand hearing about bearish research re Ocado. Most people on this board are in that boat. That's fine but to deride other research houses analysis as shallow is schoolboy stuff.
Best of luck
Valueplay
The last person anyone should turn to for "help" is ..you
Your opinions dressed up as facts should have a warning next them...
..and when challenged over them you chicken out and refuse to answer to them
Thank you for exposing whose research is actually..."shallow"
It is indeed tempting but the shorting is relentless and growing.
I think the shorters got bit last year, I don't think they'll make the same mistake again?
It was your choice to deride my quoted research as shallow. Why would anyone then spend their own time helping you? You should have the capacity to work things out...
"Be kind whenever possible. It is always possible” Dalai Lama
"Id normally answer your questions poker but having derided my quoted research as very shallow I think I'll leave you to research it yourself. "
What a cop out VP.. ..you're dad would call you a coward
..answer the questions ..
Https://www.telegraph.co.uk/business/2024/04/20/ocado-under-pressure-abandon-london-new-york/
Is Value still shorting ? Or has she gone long? Tone and narrative changes as she changes.
CFRAs price reduction and research is of value. This investing.com article could have been better written. Like so much of financial journalism these days.
It doesn't say that though does it because the article was written by an AI bot and is worthless.
Yes, that should be amended to - Kroger's goal of expanding their home delivery scope outside their store network geographies. The closure of the 3 Kroger Ocado spokes points to Kroger being far more hesitant re expanding in this way in the future via Ocado
The article that mentions the CFRA research was written by an AI bot.
It contains the following quote
"Ocado's key partner, Kroger (NYSE:KR), has also shifted its strategy, moving away from the initial goal of a home delivery service."
Someone had better tell Kroger this as they don't seem to be aware. They were cheering online sales growth of 12% recently. On their investor call they said they are effectively in the 1st innings of a World Series in terms of where they want to go with growing sales online. They believe that in future they may get a lot closer to in store revenue.
Id normally answer your questions poker but having derided my quoted research as very shallow I think I'll leave you to research it yourself.
Liked that you said please though. Your mum would be proud.
Fair enough Poker,
Personally I always respect the different analysts research. Don't agree all the points of view for sure but I don't call them out as very shallow.
We all have our different approaches though.
VP
Please answer my questions to you in post 17:05 and 10:01
"The analysts at CFRA have far more data at their disposal than you"
VP..with respect....Dont insult people´s intelligence and ability to read what CFRA puts in their "analysis" and what they choose to conveniently leave out and how they conveniently word things to their agenda benefit , without having anyone take them up on the sly wording ...
I am not THAT stupid in terms of the research I have at hand