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the value of the ocado is as determined on the market (current price) For many people the price can be overpriced because everyone has a personal view of the company. for others the rate will be attractive as it was today in the morning, the market sets the price.
They downgraded Ocado on past years many times. I don’t understand why people take so serious those predictions and sell on those kind of news.
Brokers should explain them opinions either way.
Easy to play when you famous broker, downgrade to find good entry point.
Ocado on Twitter
„A proud moment for all teams involved earlier this summer as we celebrated the official opening of the first two @KrogerNews CFCs in Florida & Ohio! Looking forward to being able to be together in person soon as we continue to transform the grocery e-commerce landscape in the US!”
Also
„ Did you know our newest partnership with @AuchanNews includes both @Alcampo's food and non-food business? ????
Read more about our 10th partner: ocadogroup.co/TwAlcampo
#OcadoGroup #OnlineGrocery #Spain”
Ocado on twitter wrote this 2 days ago
“ Our Swedish partner @ICAGruppen posted a strong performance in their interim results this week. We’re excited for our first Swedish CFC to start testing orders in the coming months! ????
Read more: ocadogroup.co/TwICA
#OcadoGroup #OnlineGrocery #Sweden”
Also few days ago
“ We've signed our tenth partner: @Alcampo, part of @AuchanNews. ????
Following the first CFC serving the Madrid region in 2024, we will roll out OSP across #Spain to accelerate Alcampo's commitment to the good, the healthy and the local:”
"By 2022 Kroger will have 9 cfcs open, Sobeys 2, Aon 1 Monoprix 1 . Frominitial reports K seem happy, Sobey happy with its CFC rollout, Monoprix planning a second cfc. Overall on balance should mean Ocado generating revenue from its jvs. The City may be playing a wait and see approach but the participants appear happy with things so far."
we've all noticed that ocado managers are buying stocks, but how great news is that 99.9% of them did not sell stock at the top! this shows the value of the company and the great expectations of the bosses themselves