Member Info for edtheeuph

So can you trade the deferred shares but keep the ordinary shares?

whats the July15 milestone DoY?

Mistimed my Monday purchase... Don't understand this dip...

Voilà
On June 22, 2020, the Company introduced the future of online grocery home delivery to the GTA through the Company’s newest e-commerce platform, Voilà by Sobeys. Voilà is powered by Ocado Group plc’s (“Ocado”) industry-leading technology and fills orders through its automated customer fulfilment centre (“CFC”) in Vaughan, Ontario. Robots assemble orders efficiently and safely, resulting in minimal product handling, while Voilà teammates deliver orders directly to the customer’s home.
The Vaughan CFC, which is already servicing the GTA, Barrie, Kitchener, Waterloo, Guelph, and Hamilton, has recently extended its service area to include Niagara, St. Catharines and Brantford. The format is exceeding all Food retailing targets, with strong on-time delivery, fulfilment, and customer satisfaction and retention results.
In the third quarter of fiscal 2021, Crombie REIT completed the construction of the building for Voilà’s second CFC in Montreal and turned it over to Ocado to build the internal technology. The CFC is expected to be ready to deliver to customers in early calendar 2022. This second CFC will support the launch of Voilà par IGA which will serve major cities in the province of Quebec.
The Company has accelerated its plans for e-commerce and intends to have four CFCs across Canada. The third CFC will be located in Calgary and will service the majority of Alberta. It is expected to deliver to customers in the first half of calendar 2023. With only four CFCs, the Company will be able to serve approximately 75% of Canadian households representing approximately 90% of Canadians’ e-commerce spend.
In fiscal 2021, the Company launched Voilà Curbside Pickup service at 30 store locations across Nova Scotia, New Brunswick, Newfoundland and Labrador, Prince Edward Island and Alberta, and expects to add up to 90 new store locations in fiscal 2022. The Company plans to expand to hundreds of stores across the country over the next few years. The store pick solution is powered by Ocado’s technology and will serve customers in areas where future CFCs will not deliver or are not yet built.
Voilà had a $0.04 and $0.18 dilutive impact after tax on earnings per share in the fourth quarter and fiscal year ended May 1, 2021, respectively (2020 – $0.01 and $0.04).
In Canada, online grocery sales have continued to grow, although at a slower pace than when COVID-19 began. The Company’s three e-commerce formats experienced combined sales growth of 15% in the fourth quarter compared to the prior year.

That's great news on the faiman case... Shows how firmly Ocado are chasing down the IP challenges. Although the preliminary autostore hearing doesn't read great at first glance, which if you read into it is about whether old testimony can be dragged up it's a minor pawn in the overall game, with a judgement by a rookie judge, so I expect to see a favourable reaction in the main event which looks at current situation, with the authority judges in presidence. I'm still happy to ride this one out... It's worth the risk for a potential 50% + increase in value for the sake of waiting a year or so.... Compared to the 0.5% I've just been advertised for a savings account!!!!

Who did you shop online with OWLS?

Chilting- High Street - just before Christmas looking for gift inspirations - (i'm ignoring window shopping whilst on holiday recently)
Supermarket - I top up in the v local co-op or Lidl perhaps once a week if there's something we've forgotten to add to the Ocado order or unexpectedly run out of. but typically less than a tenner, and finding a lot more reduced bargains in co-op than ever before, so I imagine their waste is quite high.

I don't think ocado would want to sell the other half, it's part of their legitimacy that they are also a grocery logistics firm that helps sell the tech. That and it's profitable!

Make that 120m then 180 for 4yrs...

Or faster, if you factor in 50%growth. Let's round to 100m for first full year, then Minimum 150m for next 4years, that could have easily paid for itself by the 5year point!

Sadanby... Given how much they were predicted to lose over covid period, that's ONLY 200m ... Could have been far worse, and the signals are there that they will be in profit next time, which is a tremendous outlook given the situation with retail. That's why the SP is going up... Also backed by the young and savvy, not just the old farts, thank you!

I don't see why not, norrab... It's seriously undervalued & now it's turned the corner of recovery, that growth is just going to keep on growing. It's the potential that fuels the price, and there's a lot of that... It is a pity about the lack of dividend, but wholly understandable, and I'd have reinvested any dividend back into this stock anyway, so I'm still going to be topping up monthly til it hits £3ish then have a rethink/take some profit etc.

What's with the steady decline? Am I missing something?

That's a really good report! Sound logical financial calculations... That's the kind of research I live to read!!!

ooo that is exciting! it's been a while since the 'I am the music man' ocado jingle, so I could do with something new to sing when we pass a van whilst out driving.... other than playing the fruit/veg full house game... will tune in especially on Saturday evening. (Tune in... god i sound old now.... haven't had to tune a telly in for years! lol)

I've read a few of the articles about the Islington 'NOcado' movement - bunch of NIMBYs by the looks - they were worried about the noise and the pollution - so Ocado went back with assurance they would be using 100% electric vans for deliveries - much quieter and healthier than what would otherwise be driving in and out of the industrial estate that it's being built on - I've looked at the google map of the site - there is a train line and a bus station the other side of the track which are far more noisy/pollutive - so if anything the site will help barrier that from the school... and save more pollutive delivery vans having to drive to islington from much farther away - So the locals are effectively cutting their nose off to spite their face... does make you wonder sometimes!

after 20 years of experiencing the stockmarkets glib preictions for Ocado - it wouldn't surprise me if the recent Director sells will be in expectation of a dip due to market response to Covid restrictions easing , ready to buy back in when it starts to rise again. They certainly know the market better than we do!

Have Patience Jimmy - ride it out til the price goes back up beyond what you bought in at. You might have to wait a year (hopefully les than that, and just a few months) whilst the market adjusts to easing of lockdown - but what i understand so far is that there is no reduction so far - Kantar reports show Ocado still growing massively compared to other online offerings - so just because other grocers may see footfall return - don't necessarily be fooled into thinking Ocado is following the rest of the market - It always takes the Stockmarket ages to realise this - hence the volatility of the price short term - long term this is still worth holding IMHO. (dyor etc)

What happened this afternoon? has a short dropped out? it was bubbling away quite nicely around the 160 mark all morning?

All Paid for by increased sales of Colin... I have several friends trying to arrange caterpillar cake taste tests as an excuse for getting together now they're allowed. Win win for all concerned methinks.