Member Info for edtheeuph

I don't see the weekend orders cancelled/ opening up as a negative... It's one of the joys of online... If the weather looks like it's going to be good for a day out, you can easily change your delivery date and have it delivered at a more convenient time. Luckily demand is high enough that someone else will spot the slot and snap it up soon after. Of course people will pick up snacks and things whilst they're out, but any slight reduction in demand from existing customers just allows more slots to open up for new customers... And so the market share steadily grows as people realise how Good the service is compared to others. Let's do a rough calculation... Say for example, I spend one day a week eating out and topping up... 1/7 is roughly 15% - if in 3months time Ocado retail shows a 15%drop in revenue, I'll be extremely surprised, but will gracefully admit that the end of lockdown has had some effect on online grocery. However... If there is an increase or even a maintained level of revenue, then that can only mean positive things for Ocado. Personally, My money is on the latter.

Nice to see OCDO and MKS both creeping up today despite most other supermarkets edging down...

Fantastic news, just what we've all BEEn waiting for! . My good lady will be well chuffed. She's hoping that my profits from here will fund her dream of owning even more chickens, a couple of pigs in an orchard with a couple of beehives too. With these kind of ethics on display, I'm very happy to be investing here. Win win win for nature, customers and shareholders alike! Have s great weekend all!

Wow, I missed a lot today! So many responses to make, I hope I don't miss any... Rocka, you look like you understand the legal side far better than I do, thanks for the detailed response, that looks much more educated than my offering! Modesto/chilting, thanks for the broker update... Neil, normally respect your posts, which often look well educated, but playing dumb with regards to ksonlee's posts which were quite clearly aimed at you smacks far more of old school bullying to me, mocking others language skills, and the response using 'one' is pretentious to say the least in modern parlance, so you have seriously gone down in my estimation and it makes me doubt the integrity of your posts on other boards. A pity really. I can't remember off hand who was putting my research down as hearsay from articles... I'm not that gullible, and my commentary on tech superiority comes from comparing each companies own reports and website claims regarding how fast orders can be picked... Plus a fair amount of experience in industry as an automation engineer, doing project work with aerospace, automotive, biomedical and other disciplines... so I like to think I can recognise which tech is most likely to be efficient. I vaguely remember someone posting on here quite a well thought out breakdown of where the 40+ CFCs were based on press announcements by the various partners, so I'm pretty convinced that's legit. The insistence on looking back at 90 odd percent grocery payrolling the tech side... Well, of course... The tech has been a cost for the grocer whilst it was being developed, the split into retail and tech only happened in September when they did the M&S venture, so the dynamic between paying for the tech internally, and now being able to charge the retail side as a tech company has only just begun... I am happy to hold on to see what the income starts looking like after at least a full year of being separate entities within the same group. I hope to see the retail side and MKS both profiting from using the tech, and the tech side start reducing the speculative debt as it starts accumulating client fees. I'm also keeping an eye on the other partners annual reports to see if they are making a net gain from using the OCDO tech, as that's where the proof for me will be that this is worth keeping for even longer. Ksonlee, I understood your intentions quite clearly, the allegation of something rotten going on is obvious to us all, although I am also not knowledgeable enough to know exactly what, but shorting is my best guess, and I apologize for my countryman's appalling behaviour.

I'm an engineer not a lawyer, so I may not have that perfectly right, but 2 divorces and a battle with a property developer have given me some practice reading small print, lol.

Ocado looks like it's filed in both courts to dot the i's and cross the t's and ensure it has a positive verdict in all areas of jurisdiction. ( Hence why they've filed multiple European cases too) . I can't imagine ocado are pushing for a quick result if there's any risk of it being negative...

Ok.. so having waded through the whole document... Autostore are attempting to prevent the case by ocado being heard at this court ' because there is already another case on the go' at another court. Ocado have asked for this to be heard as quickly as possible by the looks to save having to do all the work twice, so testimonies are in date etc, and create 'efficiencies' but autostore is trying to prevent that to drag it out longer, knowing that the other courts rulings don't necessarily stand in the jurisdiction of this court.

Looks like takeoff are private invested company in US and Knapp aren't listed on LSE ...Austrian company? Am I looking in the wrong places? I'm only interested in shares which are eligible to buy in a S&S ISA at the moment.

engineer opinion... Just been perusing the offering takeoff have... Nice kit. They use Knapp storage technology, which has tall racking and side access via multiple conveyors, a bit like ocados earlier offerings... It is very space intensive, with lots of space between stacks, which is nowhere near as compact as the top down systems Ocado now has...They can pick an order in 15mins, 3 times slower than Ocado. So I can see them being a strong contender in the runners-up categories, but not as efficient. From an investment point of view, if tech companies are having to sign exclusivity deals, it makes sense that the grocery competition has to use some other tech company, so of course there will be multiple tech solutions companies who also benefit from the boom in online. Just goes to prove how the global market is taking online seriously. Shaggers, I think Neil's point here is there is obvious global rush to get online for grocery, and multiple cfcs globally are being built, so there is competition out there. They may be a bit outdated and slow, but a bit like mobile phones or laptops, if you can't buy the latest tech because someone else has already bought it, but you're desperate, then you have no option but to buy an inferior model to at least have some functionality. Therefore there's a market for Knapp/takeoff too. Worth further investigation to see if they are also an investment option.

I'm not anti MKS at all... I also have some there... But I bought MKS based on ocdo tech use... And I doubt I'm the only one.. so much as I respect Neil's experience, shaggers does have a point. Not the only reason MKS is improving, but certainly gives me more confidence knowing they have a solid online capability.

I've looked at the IP cases as research... And the cases against Ocado are laughable, being an engineering professional myself, it's clear the cases are bluster, some of them objecting to wording and typos etc. Whereas the cases against Autostore seem to relate to actual design elements that are infringed. There are elements in the claims which are very engineering specific, so it's understandable analysts and non engineers may not appreciate the legitimacy or not of the claims involved. In short Neil, I wouldn't worry too much about ocados IP. It looks pretty sound to me. Assetstripper, thanks for the breakdown, it is really interesting for me as an engineer, and really new to this type of investing, to see how analysts do their calculations. As an engineer though, I can appreciate the worth of the American robotics acquisitions... Speaking with experience, the tech they have bought is extremely exciting and groundbreaking, so I'm really looking forward to what happens in the next few years.. I've seen some of their presentations and the potential is phenomenal, including for remote operating in biomedical science. (One of my areas of interest professionally) so again, I can understand analysts not appreciating the true potential or worth. Having said that, it's not engineers who run the markets, so I suppose the analysts get to fulfill their own expectations until proven otherwise by bank balances.

And I bought in at 2.28, and have topped up in the dips ever since, occasionally creaming off a bit of profit just after the peaks... (Still haven't mastered that yet, lol) to reinvest in other promising stocks... But I still hold a good chunk here because I have every confidence long term. If it hits £40 for Mr Steiner's bonus... I may have a really good research about what's in the pipeline to see if there are more legs... Or if there's anything with better growth potential that I feel confident in.

Personally, I loathe shopping in supermarkets... I'd much rather spend time with my friends and family eating and drinking than going looking for it. The rare exception is something like a farmer's market or food festival for something a little more special/ different.. and even that is normally a social occasion sharing the joy of food. (And free samples ?? ) terribly sorry to have said anything to upset you hedged. I'm sure your 2 minute chat with the checkout operator at the end of your hours entertainment jostling with others in the aisles is the highlight of your week. Don't let anyone take that away from you. Stay strong.

Hmmm walk to the shops or walk to the park/pub/somewhere pretty in my time off.. supermarkets are so much fun... get a life hedged.

.gain a week's shopper.. for the online side, so effectively it's a win win situation for MKS now?

I'm interested in the dynamic of sales in travel centres Vs online sales... I'd have thought that with travel limitations abroad that airport sites would lose a passing snacker, and gain a week's shopper?

Plus the micro zoom site thing that I'm starting to see more press about... Using those new EAV delivery e-bikes that look like scaled down whizzy milk carts... Which DPD are also using.. which brings down the last mile costs (watched an interview on this the other day - never knew the last mile current accounts for >50% of delivery costs for any type of delivery company. ) so I'm sure the costs will be coming down as well as revenue and SP going up.

Now they the 4 robotic sites, small in Bristol, medium in Andover, large in Erith, all future sites can be copy and pasted, with minor tweaks to get even better as with all development, but the expensive development, of making it work, doing the testing, designing, etc of the main building blocks of the robotic warehouse CFC portfolio is now done. All future development just increases the profitability... So as value says... This is the exciting phase where the revenue from the international clients starts rolling in. This will be the first year that has started to happen, so Im really looking forward to seeing how much profit that starts showing.

Big 4m sell last night! Someone must have spotted an opportunity somewhere!

Continued... Maximise your own pot long term. I wish I had your wisdom and experience to be able to judge when that sweet spot of 'bottom' is, but I'd rather risk buying in now , still confident they'll hit Tims £42 bonus value than miss the boat and have to pay even more for them in a few days/weeks. Will definitely be dedicating a fair chunk of next year's ISA allowance on these..