Member Info for chilting

With 14 CFC's under construction around the world and the subsequent income they will generate - from a percentage of every can of Baked Beans etc etc - everything will become crystal clear over the next year or so.

hitman
The SP does need to be substantially higher before the open offer though, to reduce the dilution effect.

Improved gross margins at Ocado Retail since the M&S launch.

China seem to be responsible for the surge in demand - they have worked through the excess reserves they built up in the Summer.
We are effectively moving post Covid with China returning to normal.

Bristol CFC - opening this month.
Two other CFC's Q4 2021
Another CFC in H1 2022
Zoom 12 plus mini CFC's planned in London - other Cities to follow.

A few highlights - Bristol CFC in final stages pre launch.
Zoom doing well in London - major plans for more mini CFC's within the M25.
Reading between the lines - may be contemplating a click and collect launch with M&S bricks and mortar.
Two other CFC's due to open in 2021 - bringing an eventual 40% extra capacity.

heardy
Sometimes its better not to question but just join in - follow the money - just be careful that you don't get burnt.

The SP seems to have decided to go off and do its own thing - its never predictable on results day.

Volume is still low - most investors and traders haven't come to the party yet.
I guess with so many rich pickings elsewhere, as a result of Covid, they don't want to endure the unpredictability of Brent.

Steady as she goes and promise of what is to come with international revenue from Ocado Solutions.
Very positive for retail and good to see Autostore update.

Most of the supply agreements are quite small - it is the accumulation of so many supply agreements that is impressive.
Also many are probably confidential - innovation in this industry is vital to stay ahead of the completion.
It seems that the products ITX supply have so many uses that the steady accumulation of sales has only just started.
The company can easily add new capacity to their existing factory unit as sales increase.
Profits are just around the corner.

I think that there is a good chance that Ocado's results tomorrow will greatly benefit M&S - the SP should move back to 140p and beyond over the next few weeks - it would be good to see 160p when lockdown ends.

Ocado simply link senior management bonuses to SP performance - very rewarding for all including the staff - they receive shares that they can sell in the open market.
A profit culture that involves management, staff and shareholders it is a win win all around.
Its something that could easily be copied in any PLC.

Its interesting that the cloud computing part of Amazon has more revenue than retail - 55% cloud to 45% retail.
I wonder if Steiner has any ideas to diversify Ocado.

I guess its considered part of the companies assets - after all they have brought the whole company - or at least the bit that they wanted.

That's why I find it difficult to criticize Amazon - the guy started the business in his garage and didn't take any profit until 2001 - that's seven years - its amazing the parallels between Amazon and Ocado - for Garage read shipping container.

Its actually irrelevant what we as investors think regarding the rights and wrongs of shopping online as opposed to shopping in store.
What does matter is what the consumer chooses - we have no control over that.
As investors we simply follow the trends.

Its interesting to note the different views that investors have on different LSE boards - their mindset seems to reflect the company that contributors invest in - it rather debunks the idea that investors are here just to make money.
I posted the exact same post on the M&S board as I posted here at 8.17 and got absolutely slammed for it.

The best way forward could be to retain gas boilers but to make them more or less emissions free.

By using steel fuel cells instead of combustion its possible to cut emissions - this is done by first passing the gas through the fuel call - a chemical reaction creates electricity - and then passing the emissions through the fuel cell for more electricity.

The electricity produced can be used to heat water and for other uses around the property or transferred to the grid.

The boilers are so far 90% efficient compared to around 86% for a conventional gas boiler and are becoming popular in Japan for heating commercial buildings.

The cheap to produce steel fuel cells are produced by Ceres - Ceres is 40% owned by Bosch - developments could be interesting.

An update on South Korea could be interesting.