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Fully understand the retail part of Ocado is struggling at the minute. Just like most of its competitors. Think we need to look more into the future tho and see what Ocado will offer on its Tech/Solutions side of the business. This is where the real profit will be. Currently have 54 CFCs in the pipeline compared to 2 CFCs 7 years ago. More deals will be signed without a doubt and more CFCs will be ordered by partners Ocado already have. The new side company which is currently being set up which isn’t grocery related could also be an exciting venture! The future is bright
You were always very complimentary of Ocado’s offering. The customer service and quality etc. Thats when the going was good!
Now the share price has took a bit of a tumble you don’t seem to be saying too many positive things. That’s all I’m stating.
I’m sure once the share price starts to climb the positive feedback will come through once again!
P.s Ocado Strawberries all day long. Well worth the extra 36p. Also less risk of them not turning up or being substituted
Valueplay
I find it hard reading your posts these days. Very very negative. Repeating the same sentences. Sound a bit like Boris when he waffles about his ‘achievements’ through Covid etc etc. Its just repetitive dribble.
‘Ocado goods are currently at a far higher price than its competitors’
Could we have a few examples of this far higher price please?
Also Ocado Retail are still growing.. maybe not as fast as they were but they are still growing. So it’s not all doom and gloom as you make out.
Look at the bigger picture guys. The future is bright
Zoom (Tufnell Park) was settled a couple of weeks back. They are still deciding where to go from here. I’m in about the case with Faiman and Hillary, the ex employees who set up the company “project today holdings limited” (T0day) They have settled and paid Ocado a significant amount of money.
Good set of results. Pretty much what was expected.
Hopefully 2-3 deals signed this year which should take the share price north of £35.
Ocado sound very confident regarding the auto store fiasco.
Looking forward to more news regarding UK expansion in which I believe will be coming soon
GL everyone...
Guys..
We were hanging onto £21-22 a few weeks ago. Suddenly hit 26 and the shorter calls are back out. Oracle sub £20 is off the radar. I presume LSE will be also. Haters will hate. Hopefully a big push towards £30 in the coming months
2021 will be a success for Ocado. News regarding planning of M&S expansion. 2-3 overseas deals signed. Plus multiple overseas deals going live. Kroger to announce at least another 5-10 US locations. Plus the 3 new UK CFCs going live. You also have the vertical farming and ready meals robotics they have heavily invested in. We all know Oracle spouts sub £20 every few days but without the court case (which no man or his dog) ever predicted we would be safely around the £27-28 territory. If anyone would disagree please state reasons. Would like to hear them.