Member Info for edtheeuph

Reading up on bits around this article - they make much of not wanting additional Diesel fumes around the school - I think it's highly likely to get turned round in the appeals court based on Ocado's aim to use Electric Vehicles for that site instead. if you look at an aerial view on google map of where the site is - the vehicle access is not on the school side of the site anyway - it's on the same side as the Post Office depot/train tracks... and presumably there would be some sound barrier wall installed, so nothing really left to complain about from the schools perspective, in fact they'd probably be better off than with most other types of businesses that would use a site of that size.

I'm guessing that this won't get a big leg up until Feb, trading results... OCDO link happened part way through this quarter, and any new venture invariably has a bumpy start, so the full effect of the benefits of the tie-up won't be realised til they have a full quarters trading to start comparing. My rough prediction is a small rise in Nov, followed by a giant leap in Feb. (Dyor etc.)

???? Oracle what on earth are you on about? why would you sell this now when there are lockdowns coming up and online stocks will be going up? madness.

https://markets.ft.com/data/announce/detail?dockey=600-202009150830CANADANWCANADAPR_C2012-1
Sobeys in Canada are also using the lower tech Ocado in-store pick option in the meantime. Not just the Americans getting excited!

Folks, mks took a perfect opportunity when Waitrose got greedy and Ocado chose not to extend the contract with them and switch to Supplying what worked for Ocado best, in the same way as they have been partnering with top grocers globally. Both parties in all cases benefit, the tech side for locking in future income and the retail side for securing a larger online presence and far more profitable % wise than any other grocery option online in each of the countries operated in.

Where did you get your info from about the cause of the fire and actions taken Neil?

and does this also mean that the share of the market over 12 weeks will continue to include Waitrose & Ocado in ever decreasing/increasing amounts until end of November - i.e. the data from the Kantar will not be truly representative until Decembers report? I'm not sure my nerves can hold that long, lol.

we're a little over the 4 weeks - what day do they normally publish on? (4 weeks appears to be til 06/09 and period always ends on a Sunday)

Actually, I think the article works in Ocados favour Neil, all those analysts think MKS will outperform thanks to the move online, which bodes well for Ocado too. Win win for both parties, and all of Ocado technologies global customers too! Given MKS drop from £5 to £1 over the last few years, I'm hoping that the MKS price has plenty of space to move back up again, I've invested in them too, and expect perhaps a bigger % increase in that investment shirt term. I'm holding on to OCDO longer term as I fully expect to start seeing some dividends once the Tech customers have started paying for the product. Reason for having to plough profits back into the business is because they have to invest in the infrastructure, the big reward comes after all the sites are built. So buying now is a sensible forward thinking move imo.

https://www.winsightgrocerybusiness.com/technology/10-ways-voila-poised-grocery-e-commerce-success?utm_source=Marketo&utm_medium=email&utm_campaign=NL_GRO_Daily_09-01-20&LID=16452953&mkt_tok=eyJpIjoiWkdNek1EaGlOemRqTmpOaSIsInQiOiI3RjU2U05QUm96aXpiZDdmdmM3YVZHU0tETTdrQ0FlN1FtWTlmQnlMbU81aFY1NnlDV3ZFdDNtdmpHT016SXlrRXBcL2Y1d3NINnlyTk1Nck10OEhieGtHdkNwZDJCaDlWN3haSXdlak5YdEc3OVwvdGJTZm5pdUh4c0RrTGRMSm9jIn0%3D

I do see a pattern forming of Neil copying and pasting a negative comment to keep negativity at the top of the chat. That smacks of someone trying to put other investors off. Rather than try to debate the negative sentiment in perpetual loops folks, and fuelling this unpleasantness, can we stick to adding new news of relevance on this channel?

Much as I don’t agree with Neil’s Strong sell, which flies in the face of common sense IMHO, I have to admit that pro investor123 your attitude and language doesn’t do a lot to encourage Ocado investors either. Not sure your employers would be overly impressed by divulging information about order numbers etc. either (not that you’ve been explicit, so doubt it’s sackable. Tone down the expletives and quarrelling folks, most of us are here for sensible advice and insight, and it’s really tedious having to wade through your bickering.

I’m relatively new to the shares game, how does the SoftBank trading affect the market so much?

Looking at Ocado’s 2019 annual report, revenue from the retail side was a little over £1600m , even if you removed what Waitrose expect and ignore the 40% plus increase from Covid, it’s much healthier

Almost anything that is small enough to fit in a delivery tote - and requires bulk storage - Automotive parts tend to be Just in Time - so maybe not there... but Electronics component logistics, Military Stores/Ammunitions, Pharmaceuticals logistics - PPE :-p all sorts of things!

Dead apart from OCDO?

I think Nodinero makes some sensible points given less understanding of the business model. The beauty of online shopping is that you buy roughly what you know is being sold based on people ordering a few days in advance, so consequently there's much MUCH less waste than in bricks and mortar stores where you have to buy stock to display... So no reduced stickers, but plenty of negotiated special offers to keep the customers sweet. As a Waitrose customer, I find the quality of M&S goods as good if not better, but I prefer the Waitrose store experience to mks store experience... But I prefer ocado online (especially the app which I'm looking forward to seeing back !!!) Even more than either store experience. So I doubt other Waitrose old and bold will be disuaded. Plus... I believe mks have almost twice the choice of goods than Waitrose, so it's a win win situation for customers who stay with ocado.

I'm pumping money into these at the moment, hoping the SP will jump once everyone realises how good the tie up with OCDO is, question is, will that happen when they start supplying MKS food in September or will we have to wait until the first trading results come out and a good food profit is evident???

Neil you clearly don't grasp the situation, Ocado have already got customers building sites globally & willingly tied in to paying for their tech for many years to come. This tech company is already 'making it' ! The customers aren't smallfry either... They're not stupid.

What is with the sudden drop in price?